Dene Mackenzie

Wynyard shrugs off $11.2m loss

Wynyard shrugs off $11.2m loss

Wynyard chief executive Craig Richardson has shrugged off the company's loss in the year ending December in light of the other data released in the period.

Extra time for foreign super fund transfers 'big win'

Extra time for foreign super fund transfers 'big win'

New Zealand residents with foreign retirement savings have been granted extra time to transfer them to New Zealand schemes to avoid hefty tax bills.

Telecom renaming as 'Spark'

Telecom renaming as 'Spark'

Telecom is changing its name to Spark and later this year will launch ShowmeTV, a new internet television business, the company announced yesterday.

Profit statement a reality check for telco

Telecom's profit announcement yesterday was a good reality check for the company with pressures from the legacy business continuing to drag on it, Craigs Investment Partners broker Chris Timms said.

Pressure on English as surplus deadline looms

The pressure is mounting on Finance Minister Bill English to meet his deadline of returning the government accounts to surplus in the 2014-15 financial year.

Businesses joining fund to teach IT

Businesses joining fund to teach IT

Dunedin-based technology company ADInstruments has joined a new tuition fund to train software developers and help address the critical shortage of IT talent in New Zealand.

Good first half has AIA lift forecast

Auckland International Airport has lifted its full-year profit forecast while delivering an improved result for the six months ended December.

Skellerup advances in both agriculture and industry

Skellerup Holdings had made a positive start to the financial year as it drove earnings growth across both operating divisions, chief executive David Mair said yesterday.

Port of Tauranga lifts dividend

Port of Tauranga lifts dividend

Port of Tauranga increased its interim dividend by 5% to 21 cents per share after reporting an operating profit of $66.7 million for the six months ended December, up 11% on the previous corresponding period.

First Meridian report indicates 'good start'

First Meridian report indicates 'good start'

Meridian Energy delivered some more bad news for the prospective Labour-Green government when it yesterday delivered its first report since listing last year on the NZX.