Dene Mackenzie

Allied Farmers, Hanover Finance take their corners

Allied Farmers, Hanover Finance take their corners

A prolonged "stoush" between Allied Farmers and Hanover Finance looks likely after Allied yesterday refused to pay the $5 million that was part of the agreement between the companies.

Benefits of Telecom split weighed

Benefits of Telecom split weighed

Telecom chairman Wayne Boyd earlier this week gave his commitment to staying with the telecommunications company as it goes through some tough times.

Big tick for Fonterra share trading

Big tick for Fonterra share trading

Fonterra shareholders have voted overwhelmingly in favour of allowing share trading among farmer suppliers, effectively moving the immediate prospective of a sharemarket float off the co-operative's agenda.

Consumers in the firing line

Consumers in the firing line

Consumers do not have much to look forward to tomorrow as a string of price and levy increases are brought in by the Government.

St Laurence directors criticise receivers' plan

St Laurence investors would receive between 15c and 22c in the dollar in the next 18 months, receivers said yesterday.

Interest rate increase hits housing demand

The prospect of higher interest rates appears to have hit the demand for new housing, which has continued to slow in recent months.

Employers fail to see workers' doubly itchy feet

Employers fail to see workers' doubly itchy feet

New Zealand workers are increasingly looking for new jobs as the recovery takes hold, but their bosses seem unaware of the workplace unrest, Adrian Goldsmith, from Leadership Management Australasia, says.

Improved profits result from Smiths City turnaround

South Island retailer Smiths City yesterday reported a significant turnaround in fortunes with its reported profit rising nearly 62% to $1.64 million in the year ended April.

The feeling that Big Brother is watching

Google is great. Really? Latest data out of France appears to contradict the popular view that Google is a good influence on the internet.

Fonterra predicted to win 75% support

Fonterra predicted to win 75% support

Shareholder's are expected to support tomorrow's vote on the third stage of Fonterra's capital restructuring and allow the trading of shares between shareholders.