Dene Mackenzie

Google reveals $15b deal

The Google Android apps now included on many of the world's leading brands of smartphones have become much more important with news yesterday the internet giant plans to buy Motorola Mobility.

Markets, infrastructure, lift NZX profit

The New Zealand Stock Exchange operator, NZX, yesterday reported a much improved operating profit of $11.55 million for the six months ended June.

Southern services remain in doldrums

Southern services remain in doldrums

Activity in the Otago-Southland service industry has disappointed employers representative John Scandrett, who was expecting a robust lift in activity levels.

Great South Basin announcement due today

The New Zealand subsidiary of Austrian oil giant OMV is expected to announce an update in Invercargill today on whether it will test-drill offshore for oil and gas in the Great South Basin.

Future of Chittock companies in doubt

Future of Chittock companies in doubt

The future of four companies associated with St Clair businessman Stephen Chittock and his wife Janet will be decided at a meeting next Monday after a voluntary administrator was appointed yesterday.

Drastic reforms to stop life on welfare

Drastic reforms to stop life on welfare

The Privacy and Education Acts would be amended, and schools would be forced to tell the Government when 16 and 17-year-olds left during the year, Prime Minister John Key announced yesterday.

Opinion: Key's youth policy hard to counter

Prime Minister John Key has laid another policy challenge at the feet of the Opposition parties, one the Left will struggle to counter.

KiwiSaver hit by volatility: analyst

Global financial volatility will have affected KiwiSaver returns, but there also is an opportunity for new KiwiSaver investors to enter at relatively lower prices, Forsyth Barr saving specialist Damian Foster says.

Radio NZ forms charitable trust

Radio NZ forms charitable trust

The Government might be inadvertently supplementing its funding for Radio New Zealand Concert after the broadcaster formed a charitable trust on July 26. Left-wing politicians are expressing alarm about the Government funding freeze for the public broadcaster.

Australia seen as source of strength

Australia has provided stability for New Zealand manufacturers during the current volatility in world financial markets.