New Zealand's richest man has splashed out on a second luxury
yacht - this one worth up to an estimated $78 million.
Dairy product prices dropped again at latest GlobalDairyTrade
(GDT) auction, putting renewed pressure on already lowered
dairy payout forecasts for 2014/15.
There is a growing perception the economy is set to fall
into a hole as the Canterbury earthquake-related rebuild
stimulus fades but ANZ chief economist Cameron Bagrie
disagrees. Business editor Dene Mackenzie reports.
team from the University of Otago's Business School has taken
top honours in a business case competition, beating 11 other
national and international universities.
Port Otago has scored a financial coup against its competitor
Lyttelton Port of Christchurch, having squeezed a 14%-23%
premium on the share price in order to sell its 15.5% stake.
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