Dene Mackenzie

KiwiBank delivers NZ Post a profit

KiwiBank delivers NZ Post a profit

Kiwibank substantially boosted its parent New Zealand Post's profit for the year ended June, with figures supplied to the market showing NZ Post would have barely broken even without the bank's contribution.

Turbulence over Tasman

Turbulence over Tasman

The difference between a nimble Air New Zealand and a behemoth Qantas Airways was revealed yesterday when the Australian airline revealed a statutory after-tax loss of $A2.8 billion for the year ended June.

Hellaby's $56.1 million profit 'solid'

Hellaby's $56.1 million profit 'solid'

Hellaby Holdings produced a ''satisfying solid'' operating profit of $56.1 million for the year ended June, Craigs Investment Partners broker Chris Timms said.

Early booking recommended to cut travel costs

Early booking recommended to cut travel costs

Dunedin International Airport chairman Stuart McLauchlan is one of Dunedin's most travelled businessmen and he has a tip for reducing the costs of travel from the city - book early.

Revenue up, profit down: a2

The balance sheet of a2 Milk Company took a beating in the year ended June, with the company blaming the high New Zealand dollar and costs associated with its joint venture in the United Kingdom.

Cunliffe holds the line in opener

Cunliffe holds the line in opener

Labour supporters will be breathing a sigh of relief after the first leaders debate last night between Labour leader David Cunliffe and Prime Minister John Key.

Housing continues to dominate

Housing continues to dominate

The Government, Labour and the Greens are rushing out housing policy this week as the debate over affordable housing and who can provide the best option for first-home buyers continues unabated.

Air NZ provides Government with happy landings

The Government had plenty to smile about yesterday, when Air New Zealand reported a much improved operating profit of $1.01 billion for the year ended June.

View Genesis faces forecasts challenge

View Genesis faces forecasts challenge

Genisis Energy, the last of the government-controlled electricity companies to report its June results, faced a challenge to meet its forecasts, Forsyth Barr broker Andrew Rooney said yesterday.

The company declared an increased final dividend of 6.6c per share, taking the total dividend for the year to 13cps.

Who's running in The South?

Who's running in The South?

Fifteen registered parties and 554 candidates will contest this year's election, up from 13 parties and 544 candidates in 2011.