Business

Food prices flat

GOOD EATING: Reducing the price of healthy food, possibly by removing GST, could therefore lead to more low income families buying it, the study said.

Food prices held steady in January and were up just 1 per cent on the same month last year.

CEO's share option queried

NZX shares

The Shareholders' Association wants an explanation from NZOG over a share option scheme which could see its new CEO become a top-15 shareholder.

NZ called Indian tax haven

money, cash

Investigator tells conference that Indian black money is sheltered in New Zealand.

Mainfreight profit up 35 pct

A poor quarterly performance didn't stop Mainfreight posting a record nine-month profit.

Mainfreight drags NZX 50 lower

euro stocks

The NZ share market fell at the open, with Mainfreight leading decliners after the trucking and logistics company reported flat volume growth.

NZ dollar bounces on Greek deal

Kiwi dollar

The New Zealand dollar overnight recovered the ground it lost against the greenback last week.

Nats to discuss Monday-ising holidays

hammock

LATEST: National will today consider giving workers Monday off whenever Anzac and Waitangi days fall on the weekend.

Battle looms over Sun

The Sun

Rupert Murdoch will face hostile staff when he arrives in Britain seeking to end talk that the Sun could close following a string of arrests.

A smashing success

Smash Palace

Making jewellery out of broken crockery was little more than a hobby for two Wellington mums. Then the Canterbury earthquakes changed everything.

Opus posts solid profit increase

engineer

Opus International has raised its dividend and remains on the acquisition trail after posting a double-digit increase in profit.

Strategic Pay buys out rival

money

Specialist remuneration consulting firm Moyle Consulting has been bought out by competitor Strategic Pay.

Stocks gain on Greek vote

World stocks rose after Greece's parliament passed drastic austerity measures to avoid a chaotic debt default.

Male KiwiSavers favour risk

piggy bank

Men tend to take on more risk than women when it comes choosing a KiwiSaver fund.

Market day ahead: February 14

Family trusts

News that Greek politicians had signed the latest austerity measures into law gave equity and currency markets a boost.

Love looms large

Valentine's Day billboard

Advertising space has made way for sweet nothings on mall billboards.

SCF five ready to fight

scf

Ed Sullivan and Bob White are looking forward to their day in court and the chance to clear their names.

Fraudster accountant loses dispute

accountants

A chartered accountant who fraudulently gave himself a payrise has lost an appeal against his conviction.

Quake hotel goods for sale in Invercargill

Murray McCleery

Millions of dollars of goods from two former premier Christchurch hotels damaged in last year's deadly earthquake are now being sold in Invercargill.

Finance and business diary

Finance and business diary for the week ending February 17.

Delays with insurance frustrate

Port of Lyttelton

Lyttelton Port of Christchurch is frustrated by the delays of "pay-as-you-go" payments by insurers to repair quake damage, months after the port threatened legal action on the issue.

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