Dene Mackenzie

Ngai Tahu profit shows strength of investments

Ngai Tahu profit shows strength of investments

Ngai Tahu Holdings Corporation has weathered tough financial times through its diverse portfolio, Te Runanga o Ngai Tahu kaiwhakahaere (chairman) Mark Solomon says.

Mixed reaction to downgrade

Interest rates are likely to rise following two credit-rating agencies yesterday downgrading New Zealand's economy.

Agencies downgrade NZ credit ratings

Agencies downgrade NZ credit ratings

New Zealand's economy took as double hit yesterday after rating agencies Standard & Poor's and Fitch Ratings both downgraded their sovereign ratings.

Trade Me defensive growth stock

Trade Me defensive growth stock

The much-anticipated float of online auction company Trade Me is likely to come before Christmas with up to $500 million worth of shares expected to be offered to investors.

Duty gone; still some hooks

Duty gone; still some hooks

Gift duty is abolished from today but Mitchell Mackersy Lawyers partner Sally Peart is warning there are still some hooks that are worth noting.

Work network woes from workers using own devices

Work network woes from workers using own devices

An increasing number of employees are insisting on using their own choices of technology in the workplace, causing security problems for employers, Cisco Systems security specialist John-Paul Sikking says.

Contractor dies at mine

Contractor dies at mine

Oceana Gold advised yesterday there had been a fatality at its Didipio tenement in the northern Philippines as a result of a weather related-incident associated with Typhoon Pedring.

Natural disasters in Australia, NZ likely to aid Fulton Hogan result

Road-maker and infrastructure company Fulton Hogan appears ideally placed to profit from natural disasters in both New Zealand and Australia.

Fletcher Building plans its expansion

Fletcher Building plans its expansion

Fletcher Building is providing plenty of positive signals to the market this week with three announcements in two days, Craigs Investment Partners broker Peter McIntyre says.

Profit plus 13% for postie

Profit plus 13% for postie

Postie Plus Group has defied challenging market conditions to yesterday report an improved operating profit for the year ended July 31 of $1.92 million.