Dene Mackenzie

Shell retail buyout has downstream benefits

Shell retail buyout has downstream benefits

The distribution and retail businesses of Shell New Zealand will become New Zealand-owned on Thursday when an Infratil-New Zealand Superannuation Fund consortium buys the operations.

Punished severely for ignoring own advice

Following one's own advice would have been a good place to start when I received an email from my school days' best friend who now lives in Scotland.

Eco-luxury start-up seeks $10m

Eco-luxury start-up seeks $10m

Investors will need to take a long-term view when considering investing in Ecoya Ltd, a body and bath and home fragrance business seeking $10 million in an initial public offering (IPO).

Receivers apply to delist Strategic

Receivers apply to delist Strategic

Strategic Finance preference shareholders yesterday received the bad news they were probably expecting but were hoping would not arrive.

No doubts over Chinese desire for dairy

No doubts over Chinese desire for dairy

Questions will remain about the viability of plan by a Chinese company to invest $1.5 billion in the New Zealand dairy industry, but one thing is certain - the desire by China to invest overseas.

Retailer restarts capital expenditure

Retailer restarts capital expenditure

Clothing retailer Hallenstein Glassons has restarted its capital expenditure programme as it shows cautious optimism in the economic recovery.

Forecast profit in reach

Forecast profit in reach

Pyne Gould Corporation says it is on track to meet its forecast profit of $20.9 million for the year to June 30 and is well positioned to take advantage of an economic recovery.

Growth of economy downplayed

New Zealand's economic recovery continues to build in strength but Finance Minister Bill English continues to downplay the importance of the first annual growth since June 2008.

Wider deficit has encouraging signs

Wider deficit has encouraging signs

New Zealand's current account deficit was much wider than expected in the year ended December but economists remain positive about economic growth prospects.

Extreme examples not way to judge taxation

Extreme examples not way to judge taxation

Finance Minister Bill English should avoid using extreme examples and making "kneejerk reactions" when considering changes to the tax system to be announced in the Budget.