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The following articles are sourced from Stuff.co.nz


Another shot fired in milk price battle
Wed, 08 Feb 2012 16:11
Boutique store Nosh Food Market in Hamilton's slashing of its milk price is nothing more than a gimmick which could backfire on customers, according to a supermarket boss.

 

Boardroom tensions surface at Tower meeting
Wed, 08 Feb 2012 13:54
The resignation of independent Tower Group director Denis Wood has brought boardroom tensions to the surface at the listed company's annual meeting in Auckland today.

 

Kiwi billionaire takes stake in Aussie timber firm
Wed, 08 Feb 2012 14:27
New Zealand billionaire investor Richard Chandler will inject A$150 million ($194 million) into revamping Australian forestry company Gunns as part of a A$280m capital raising.

 

Slow progress on stadium, centre hit CBD
Wed, 08 Feb 2012 13:09
Bars and restaurant owners are leaving the central business district frustrated by the lack of progress by the Christchurch City Council and others on the locations for a new convention centre and stadium.

 

Minimum wage rises - by 50 cents
Wed, 08 Feb 2012 14:29
The minimum wage will increase to $13.50 an hour, the Government has announced.

 

Weather, RWC take sparkle out of Rainbow's End
Wed, 08 Feb 2012 17:21
New Zealand Experience has seen its interim profit fall short after a soggy summer and Rugby World Cup competition for local dollars reduced visitor numbers at the Rainbow's End Theme Park.

 

Energy advocate Barrie Leay dies
Wed, 08 Feb 2012 14:05
Energy specialist and renewable energy advocate Barrie Leay will be sorely missed says Windflow Technology chief executive Geoff Henderson.

 

BHP profit goes backwards as costs rise
Wed, 08 Feb 2012 13:34
BHP Billiton has posted a mammoth first-half profit of US$9.94 billion ($11.9 billion), which fell just short of market expectations.

 

Yahoo chairman exits, review drags on
Wed, 08 Feb 2012 13:17
Yahoo Chairman Roy Bostock and three other directors will step down as the struggling company ploughs ahead with an internal overhaul, including discussions on dealing with its stakes in China's Alibaba Group and Yahoo Japan.

 

Asset shuffle for DNZ
Wed, 08 Feb 2012 12:51
Listed property firm DNZ Property Fund has sold one Wellington asset and purchased another in Auckland as part of its portfolio quality improvement plans.

 

Stocks mixed as Greek fears sees gains sputter
Wed, 08 Feb 2012 12:32
New Zealand stocks pared solid morning leads to dip marginally into the red at midday, on reports Greece delayed a vote on further austerity measures, ignoring calls from euro zone officials for swift action. Rakon led decliners, while Hallenstein Glasson paced gainers.

 

Entrepreneurs benefit from lean times before cash flows
Wed, 08 Feb 2012 12:16
Money drives startups, but entrepreneurs should know its place.

 

Wellington lawyer buys Serepisos' former head office
Wed, 08 Feb 2012 11:59
Bankrupt property developer Terry Serepisos' former head office the ASB Bank Tower has been sold to Wellington lawyer Mike Garnham.

 

Rupert Murdoch's mum turns 103
Wed, 08 Feb 2012 11:50
Dame Elisabeth Murdoch is celebrating her 103rd birthday today.

 

Kiwis would pay less if big banks had to compete
Wed, 08 Feb 2012 11:18
Whenever reports from credit rating agencies pop up in the inbox it's tempting to shift them quickly into a file marked "so what?"

 

Chinese company wins Chch UFB contract
Wed, 08 Feb 2012 10:49
Chinese company Huawei has won a contract to provide fibre-optic cable, ducting and Ethernet equipment for the roll-out of the ultrafast broadband network in Christchurch.

 

Hallensteins lifts earnings forecast on Xmas sales
Wed, 08 Feb 2012 10:46
Fashion retailer Hallenstein Glasson has lifted its interim earnings forecast by as much as 25 per cent following strong Australasian sales over Christmas, but has attacked mall owners over rising rents.

 

Greek parties delay bailout talks despite EU threats
Wed, 08 Feb 2012 10:42
Greek political parties have delayed yet again making the tough choice of accepting painful reforms in return for a new international bailout to avoid a chaotic default, seemingly deaf to EU warnings that the euro zone can live without Athens.


IRD says job cut comments 'speculation'
Wed, 08 Feb 2012 10:27
Inland Revenue says comments by a former senior manager that its proposed $1 billion-plus investment in a new computer system could let it cut 1000 jobs are ''simply speculation''.

 

Risk appetites flip on whiff of a Greek deal
Wed, 08 Feb 2012 10:14
In a swift reversal from yesterday, when markets retreated in fear of a Greek default, today they're back on the rally, albeit a modest one, after reports the country was close to finalising a 130 billion euro rescue deal.

 

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