Tax changes around property ownership remains high on the
list of things to do for Prime Minister John Key. Business
Editor Dene Mackenzie reviews the latest developments.
Local support is building for Hillside Engineering, in
Dunedin, to bid to build a new fleet of trains for its owner
Vodafone is today readying itself to capitalise on Telecom's
ongoing XT mobile network woes by aggressively chasing
consumer and business customers.
Forsyth Barr yesterday revised its company earnings per share
forecasts as the major week of the current reporting season
New Zealand's national carrier Air New Zealand met brokers'
financial expectations when it yesterday reported its profit
for the six months ended December 31.
It could be in Telecom's long-term interests to dump the XT
mobile network brand and revert to Telecom, University of
Otago Professor of Entrepreneurship Brendan Gray said
Commerce Minister Simon Power has bowed to political pressure
and has backed away from forcing large private companies to
publicly file their financial statements.
Welsh entertainer Tom Jones last night treated a remarkably
enthusiastic Dunedin audience to a master class of
Sharebroking firms have been quietly selling their clients
out of Telecom shares since late last year when the first XT
mobile phone network failure became public in December.
The patience of Telecom chief executive Paul Reynolds ran out
yesterday as he fronted up to media and customers to explain
about yet another XT mobile network failure, which left up to
220,000 customers south of Taupo without coverage on Monday.
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