Dene Mackenzie

Air NZ survives turbulent financial year

Air NZ survives turbulent financial year

The 2008-09 financial year provided the perfect storm for airlines with record oil prices and significant increases in global capacity followed by a global financial crisis and demand destruction. Through all of this, Air New Zealand remained profitable.

Surprise mortgage rate drop

Interest rates are on the move again and this time, surprisingly, fixed-term mortgage rates are on the way down.

SBS-HBS merger all but certain

SBS-HBS merger all but certain

SBS Bank has taken another step in its quest to have a national presence along the lines of the former Trust Bank model of a locally owned and operated banking network.

Naylor director to retire

Naylor director to retire

Naylor Love managing director Trevor Kempton is to retire from his hands-on role with the construction company at which he has worked for 23 years.

Aspiring director winner declared

Aspiring director winner declared

Deloitte Dunedin partner Mike Horne this week became the inaugural winner of the Otago-Southland branch of the Institute of Directors "aspiring director" award.

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.

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.

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.

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.

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.