Dene Mackenzie

Allied Farmers moves to reduce debt

Allied Farmers moves to reduce debt

Allied Farmers is hoping to raise $19.3 million in a partially underwritten capital raising, to reduce debt and achieve longer-term business plans, but brokers are questioning the value for investors.

Surgeons appeal case to Supreme Court

Two Christchurch orthopaedic surgeons who set up practices through family trusts have been granted leave to appeal a Court of Appeal finding that they used the trust structures for tax avoidance.

IP address overloading a challenge

About five years ago, Mack-line attended a technology conference in the Otago Museum and wrote then about the world running out of internet addresses.

Employment data likely to interest financial markets

The quarterly employment survey for the three months ended June, out this morning, will take on unusual importance for financial markets with the measure of average weekly pay likely to be soft again.

Program's worldwide influence expanding

Program's worldwide influence expanding

A Jade Software Corporation product launched at the Port of Otago in 1994 is now being used around the world. Business editor Dene Mackenzie talks to Jade executives about the continuing growth of the company.

Sale seen as good news for Telecom

Sale seen as good news for Telecom

Telecom finally got to release some good news to the market yesterday with the $A140 million ($NZ175 million) sale of assets in Australia.

Richest individual south of Waitaki

Richest individual south of Waitaki

Jewellery entrepreneur Michael Hill is again the richest individual south of the Waitaki River but he narrowly misses out being the richest overall, with the Richardson family, of Southland, edging him out of that spot by a mere $10 million.

Blis continues to expand in US

Another United States retailer would soon launch a consumer product based on Blis Technologies oral cavity probiotic, chief executive Barry Richardson told the Dunedin company's annual meeting yesterday.

AMP offers warning

AMP Ltd is warning New Zealand shareholders not to accept unsolicited offers to buy their shares at prices significantly below their current market value.

Cleary's NZ holding extensive

Cleary's NZ holding extensive

Eamon Cleary is an infrequent visitor to New Zealand, but he still owns vast tracts of land in Central Otago and Waikato.