Dene Mackenzie

Allied Farmers signs bid for Hanover

Allied Farmers signs bid for Hanover

Debenture holders in Hanover Finance and Hanover subsidiary United Finance are being asked to take a leap of faith that Allied Farmers can eventually return the majority of their money.

Service sector still struggles

Service sector still struggles

The Otago-Southland service sector continues to struggle, although there was some improvement in sector activity in October, according to the latest BNZ Capital-Business New Zealand performance of services index.

Windows 7 making a good initial impression

Microsoft's new operating system, Windows 7, has been receiving rave reviews around the world.

Little in float or fix debate

Little in float or fix debate

Reports that house sales, prices and bank rates are rising will have buyers wondering how to finance a purchase. Business editor Dene Mackenzie looks at some options.

Labour blamed for $53 million airport stake loss

Labour blamed for $53 million airport stake loss

Structure investor Infratil sold its stake in Auckland Airport yesterday, booking a loss of about $53 million for which it blamed the previous Labour-led government.

AXA Shareholders advised to wait

AXA Shareholders advised to wait

AXA Asia Pacific shareholders should sit and wait for the inevitable higher offer from AMP as it seeks to buy AXA's Australian and New Zealand operations, Craigs Investment Partners broker Chris Timms said yesterday.

AXA rejects AMP's offer

AXA rejects AMP's offer

AXA Asia Pacific Holdings yesterday left the door open for a better takeover offer from AMP Ltd, after the board rejected an $A11 billion ($NZ14 billion) proposal.

Fun time with riot of a search engine

News that Yahoo! was looking to match rivals in providing immediate internet search results got Mack-line looking around at some possibilities.

Scrutiny over property tax incentives

Scrutiny over property tax incentives

The Government seems more determined than ever to remove some of the tax incentives that apply to residential property investment, Deloitte Dunedin associate tax director Peter Truman says.

Employees 'hanging tough' through recession

Employees 'hanging tough' through recession

There is no denying that things have been tough lately. Front-line managers have been squeezed to make cost savings. Leadership Management Australasia managing director Grant Sexton tells business editor Dene Mackenzie that employees have not hit the panic button.