Dene Mackenzie

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.

Boost for Telecom in mobile market

Boost for Telecom in mobile market

Telecom defied the expectations of analysts by yesterday, reporting a 64,000 net increase in mobile connections on its ultra fast XT network, during the three months ended September.

Shortcomings of financial advisers in spotlight

Shortcomings of financial advisers in spotlight

Commerce Minister Simon Power says he is confident the new financial regime the Government is implementing will go a long way to address the shortcomings in the financial adviser industry.

Report irritates Dunedin advisers

Two Dunedin-based financial advisers with long industry experience yesterday took issue with aspects of the Consumer NZ report on the industry in which they operate.

Unemployment at 6.5% highest in nine years

Unemployment at 6.5% highest in nine years

The severe toll the recent recession took on New Zealand's labour market was confirmed yesterday when figures released showed that the country's unemployment level reached 6.5% in September.

Investment returns counteract drop in revenue from tax

Investment returns counteract drop in revenue from tax

The Government's financial statements for the three months ended September were something of a mixed bag, with tax revenue well down but higher-than-forecast investment returns helping offset the worst effects.

Focus on Telecom's mobile growth

Focus on Telecom's mobile growth

The impact new mobile company 2degrees is having on Telecom mobile connection growth will be a main focus for analysts when New Zealand's largest listed company reports tomorrow.