Business
Company strikes oil in effluent ponds
An Invercargill businessman whose company turns sewage into crude oil said he would hold talks with overseas investors in coming weeks.New Five Mile owner playing cards close
The Southland Times
The new owner of the Five Mile development at Queenstown is considering several options for the site.
Skies still glowing
The Southland Times
Dil Belworthy found his passion. Eventually. Scot MacKay reports.
Mulvey appointed fellow
The Southland Times
Invercargill businessman Greg Mulvey has been named a fellow of the New Zealand Institute of Chartered Accountants.
'Hendo's hole' has new owner
By BEN HEATHER - The Southland Times
An Auckland developer has bought Christchurch developer Dave Henderson's Five Mile development next to Queenstown Airport and is already appealing against new rules at the troubled site.
Indices
| VALUE | MOVEMENT | |||
|---|---|---|---|---|
| NZX50 | 3,113.629 |  |
-27.547 | -0.88% |
| ASX200 | 4,749.200 |  |
10.200 | 0.20% |
| DOW | 10,332.600 | |
-91.700 | -0.90% |
| NASDAQ | 2,156.820 | |
-36.600 | -1.70% |
| FTSE | 5,342.130 | |
-3.800 | -0.10% |
| NIKKEI | 9,549.470 | |
-127.300 | -1.30% |
| H-SENG | 22,643.160 | |
-197.200 | -0.90% |
| NZX50 20 min delay, others last close | ||||
Top Movers
| PRICE | MOVEMENT | |||
|---|---|---|---|---|
| Market Opening Soon | ||||
Currencies
| RATE | |
|---|---|
| Australian Dollar | 0.795 |
| Euro | 0.490 |
| British Pound | 0.440 |
| Hong Kong Dollar | 5.669 |
| Japanese Yen | 65.000 |
| Singapore Dollar | 1.016 |
| US Dollar | 0.732 |
| Price as at 8:10 pm, 20 Nov | |
Allied dangles carrot for investors
The tantalising prospect of a 100% capital return is once again being raised as the carrot to tempt Hanover debenture holders into voting for a new rescue deal.
Rich pickings for taxman as rich pay up
A blitz by the taxman on the nation's wealthiest people netted an extra $81 million in the past tax year.
Tainted directors not wanted
Are repo men toeing the line?
Lorneville sale
A medium yarding of heavy prime cattle sold in a firm market while a very small yarding of prime sheep met with good demand at the Lorneville sale on Tuesday.
Monitor farms to continue as planned
Southland monitor farms will continue despite farmers voting against a levy that was supposed to provide funds.
Rugby helps highlight NZ meat in Japan
Winery tenders not favourable say receivers
Time to hang up his irons
Hanging up his irons after more than 20 years of tailing lambs in the Tuatapere area has been a hard decision for "the Duke".
Allied signs with Hanover
Hanover investors will be offered a sweetener to rubber stamp the $400 million deal with Allied Farmers.
Fonterra sells stake in AFF joint venture
Fonterra Cooperative Group, the world’s largest exporter of dairy products, has sold its stake in a joint venture to market Anchor products.
Lamb, beef and dairy prices
Debt soaks up milk payout
Fonterra's leap awaited
Questions remain after Fonterra shareholders ushered in two steps of a three-stage capital structure reform plan at their annual meeting.
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Eliminating taxing differentials
Bill English recently indicated the Government would block perceived tax loopholes, writes Murray McClennan in this week's Taxing Times.
LAQCs' popularity might lead to Treasury rethink
The main attraction of Loss Attributing Qualifying Companies (LAQCs) is that losses flow through to shareholders, writes Murray McClennan in this week's Taxing Times.
Tax may boost productivity
Privacy gives way to information exchange
Proposed changes to GST welcomed
The Government recently released a discussion document GST: Accounting for land and other high-value assets for public comment, writes Murray McClennan in this week's Taxing Times.
NZ must focus on core strengths
Some people still believe that the only way the New Zealand economy can truly grow strongly in the next few years is if we develop some entirely new industries, writes Tony Alexander this week.
Fall in dollar cheers exporters
Exporters are likely to be feeling a bit happier at the moment, writes Tony Alexander this week.
Beware of 'low' fixed mortgage rates
Rate rises bear out predictions
Playing a fiscal guessing game
To say that a lot of uncertainty remains about the global economic environment over the next few years would be an understatement, writes Tony Alexander this week.
Workplace bullying must be reported
The Employment Relations Authority has recently provided a useful decision on a topic I get a lot of inquiries about: workplace bullying, writes Mary-Jane Thomas in this week's Work to Rule.
Raising funds via volunteer work
I had an interesting situation a short while back, writes Brian Richardson in this week's Work to Rule.
Sort out molehills before they become mountains
Maximise retirement entitlements
If you're stressed, tell your employer about it
As we are all feeling "stressed" at this time of year thought I would add to it with this case, writes Mary-Jane Thomas in this week's Work to Rule.
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