Dene Mackenzie

Chorus seeks leave to appeal

Chorus intends appealing a High Court judgement upholding the Commerce Commission's decision to set prices on the use of the lines company's copper wire network.

Dairy prices rise

Prices for milk, cheese and eggs increased 6.7% in the year to March, reflecting the global increase in dairy prices, ASB economist Christine Leung said yesterday.

'Big Norm' still casts oversize shadow

'Big Norm' still casts oversize shadow

The shadow of Norman Kirk still looms large on New Zealand's political landscape.

Fixing Heartbleed bug up to website owners

Fixing Heartbleed bug up to website owners

Security experts warn there is little internet users can do to protect themselves from the recently uncovered ''Heartbleed'' bug that exposes data to hackers, at least not until vulnerable websites upgrade their software.

Restaurant Brands profits up

Restaurant Brands profits up

Restaurant Brand directors proved yesterday they were confident enough in their business to provide market guidance for the new financial year, something which has been rare in recent reporting seasons.

March card transactions flat

Retail card spending was flat in March, which was no great surprise to the market given the strong increase in spending seen in February.

View on Chorus unchanged

View on Chorus unchanged

Brokers still remain positive about the future of lines company Chorus, despite the dismissal by the High Court of its appeal over the Commerce Commission's pricing decision.

Longest bank leadership over

Longest bank leadership over

SBS Bank chief executive Ross Smith started in his role in 1992, telling his wife the position would be for three to five years.

Weak spots amid general confidence

Weak spots amid general confidence

Business confidence remains at its best level in 20 years, according to the influential New Zealand Institute of Economic Research's quarterly business opinion.

Govt tax take $1.1b less than forecast

Govt tax take $1.1b less than forecast

The Government's target of returning the Crown accounts to surplus in the next financial year took another hit in February when lower-than-expected tax revenue was recorded. It showed the Government's operating balance before gains and losses slipping further into deficit.