National

Super Fund continues solid run

retirement nest egg

The NZ Superannuation Fund's returns over the past year have reached almost 20 per cent.

Andrew Ferrier to chair Orion Health

andrew ferrier

Andrew Ferrier's appointment as chairman will fuel speculation the healthcare software firm is eyeing a float.

RBA says Australian dollar overvalued

australian dollar

Internal RBA document suggests the currency may be too high even after a week-long tumble of four cents.

Election Q&A: Peter Neilson

Peter Neilson

Financial Services Council chief executive Peter Neilson reveals his election wish-list.

Council incomes rise despite rates fall

Hamilton City Council

Local authorities spend more than they earn, but the shortfall gets smaller as interest and dividends grow.

Mark Yeoman new Warehouse CFO

New Zealand Post chief financial officer Mark Yeoman

NZ Post chief financial officer Mark Yeoman will pick up the financial reins at the listed retailer.

Does working make you happy?

blue lines on Bridge St

Research finds full-time work makes for more unhappiness in retirees.

Live chat: Consumer CEO Sue Chetwin

Sue Chetwin, Consumer NZ chief executive

Join Consumer's Sue Chetwin at noon to discuss all things to do with your rights as a consumer.

Retirement villages may amalgamate

retirement

Nineteen retirement villages and aged-care facilities across NZ consider a plan to amalgamate.

Business need to know

US dollars, greenbacks, money

What you need to know on Tuesday morning, September 16.

New water quality rules, new inspection approach

Otago Regional Council community liaison and education officer Rob Schick takes a water sample at a council field day in the Tokomairiro catchment last year.

A radically new risk-based approach to dairy farm inspections by the Otago Regional Council has the support of Federated Farmers.

Raw milk use rises but pros and cons still debated

Dairy cow with bottle of raw milk

Farmers who produce raw milk say it's good for you, but the jury is still out, say scientists.

Acupuncture trumps forestry at varsity

acupuncture

Farming study discovers acupuncture, music, sport and recreation rate above primary industry science as subjects among university students.

Kiwi firms suspended over fees

migrate strap

Philippine authorities suspend two NZ firms from recruiting workers over claims of exploitation.

Port's year of change nets profit of $1.88m

timaru port wharf no 2

PrimePort Timaru has recorded a $1.88 million profit in a pioneering year.

$3.3 billion Inland Port faces final hurdle

Red tape

Hamilton's planned $3.3 billion transport hub has jumped its biggest regulatory hurdle.

Energy sales major boost for Infratil

Infratil logo

Infrastructure investor Infratil sells Lumo Energy and Direct Connect Australia to Snowy Hydro Ltd for NZ$742m, pushing up Infratil shares.

NZ's allure grows as US visas hit limit

Generic money

New Zealand could see more Chinese investors looking to move here after a United States visa scheme hit its limit, an immigration specialist says.

Todd Energy appeal begins

Todd Energy at Mangahewa

Multimillion-dollar dispute between Todd Energy and its multinational partners in NZ's largest producing gas field reaches Court of Appeal for a second time.

Power shares back up as National victory looms

electricity 300

The partly state-owned companies reported annual profits recently, and all were better than prospectus forecasts.

Status quo for employment law

Peter Cullen

OPINION: The general election is almost here yet the main parties are for the most part staying with the status quo in industrial relations.

Remarkables skifield main priority for 2015

Despite a tough year at its Mt Hutt field, NZSki is going ahead with further investment at its southern skifields.

Cake Tin finds the recipe to generate $52m a year

Wellington aerial view, Westpac Stadium

Councils should at least consider partially funding upgrades to Westpac Stadium, says stadium boss.

Company fined $70k for forklift death

Man being run over by a faulty forklift at concrete factory was a "tragedy waiting to happen''.

Post mortems on cows after mystery deaths

Cows graze on swedes

Team of experts carrying out post mortems to get to the bottom of a mystery illness that has killed as many as 300 cows.

Couple sue estate agent for negligence

Scott Mirfin

An Auckland couple head back to court over the botched sale of their $6m luxury home.

Feltex shareholders lose $185m claim

Feltex

Out-of-pocket investors will challenge the High Court dismissal of a claim against directors, owners and promoters of shares in the failed carpet maker.

Fulton Hogan botches sacking for dope

Fulton Hogan unjustifiably sacked worker who claimed he inadvertently ate two hash cupcakes.

Trade Me buys online payments firm Paystation

TradeMe

The online auction business has paid a confidential amount for 17-person Wellington firm Paystation.

Finance and business diary

calendar

Business and Finance Diary - week to September 19.

Infratil sells Aussie energy assets

Infratil's CEO Marko Bogoivski

Infrastructure investor Infratil has sold its Australian energy assets Lumo Energy and Direct Connect Australia to Snowy Hydro Ltd for A$605 million (NZ$742m), plus an adjustment for final working capital.

Windflow Technology narrows loss

Windflow

Turbine-maker Windflow Technology today reported a $5.2 million loss for the year to June 30.

National's $8m oil and gas plans

Tag Oil

National promises $8m to help give better information for investors interested in exploring for oil and gas in NZ.

Service sector looking for workers

magnifying glass dollar

The services sector is upbeat and looking for more workers despite losing half a step in August according to a survey.

Glenorchy Lodge worker fired over hot chips

Joe's Garage chips

Lodge owner ordered to pay worker more than $8000 in lost wages and compensation.

Dairy farmers allege council bullying

Tuitahi Farm effluent system

Dairy farming family appalled at the way a regional council investigated and prosecuted them for environmental offences.

Stick or twist this election

vote

OPINION: This election is a choice between rhetoric and reality, complacency and ambition, the past and the future.

Key touts Aussie model for success

john key

Australia's slow and steady economic reform has beaten New Zealand's herky-jerky approach, PM says.

Simon Xie: Alibaba's unassuming lieutenant

alibaba

For investors in Alibaba's potentially record initial public offering, Simon Xie, a co-founder and vice president, is one of the e-commerce giant's most important figures.

Medusa turns gaze to 'tough' Auckland market

stethoscope

Canterbury investor Mark Stewart says the private hospital market in Auckland is a tough one to crack.

Supreme Court decision a win for quake claimants

Court

OPINION: The Supreme Court's first decision arising from the Canterbury quakes will have wide-ranging impact.

Residents dig deep to oppose mining plan

Mark Beach

Mining green light sparks public protest in the Karangahake Gorge.

Petrol prices under the microscope

Petrol pump

Falling Brent oil prices put downward pressure on NZ petrol prices, but a lower NZ dollar keeps them high.

Wool deal puts sector on track for unity

wool

New Zealand's fragmented wool industry has taken a small step towards consolidation.

Why are farmers not using the latest technologies?

Peter Kemp

OPINION: NZ leads the world in developing new technologies for improved production but they're poorly taken up on our farms.

Take legal advice over brand copycat

question mark

Stuff

A new rival has similar branding and products to yours, what are your rights?

Court rips into poor communications

Court

Communication key in case of contractor who ripped up supermarket carpark after not being paid, law firm says.

Will ye go, lads and lassies, or will ye no?

OPINION: Will England, Wales and Northern Ireland become RUP - Rump UK - if the Scots vote to divorce themselves from the UK?

Insurer pays for holding premiums

stethoscope

The country's largest medical insurer Southern Cross Health Society has reported a deficit of $1.1 million for the 2014 financial year.

Trans-Tasman airfares a bargain

Fierce airline competition, more seats and fuel efficient aircraft are bringing airfares down for trans-Tasman flyers.
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