Suggested losses of $60 million to $70 million in the Blue Chip property group liquidation may be only "a drop in the bucket'' of investors' total losses, financial consultant Murray Weatherston said yesterday.
Blue Chip's founder Mark Byers is to be reported to the "appropriate authorities'' after he failed to show at yesterday's meeting of about 300 angry creditors in Auckland.
State-owned coal company Solid Energy managed to make a $2.67 million loss in the half year to December despite a near doubling of world coal prices.
The Government's announcement yesterday that over 10 years it would meet half the $144.2 million cost to clean up Rotorua lakes has been welcomed.
New Zealander Tim Wilkinson earned the biggest pay cheque of his career when finishing in a tie for sixth in the Puerto Rico Open.
The Palmerston North lefthander improved four places on the leaderboard with a round of 3-under-par 69, which featured birdies at his last two holes at Rio Grande.
Air New Zealand's Shanghai manager has told his Chinese crew that their pay review will be given ‘‘top priority'' and they will be issued with credit cards from this week to solve issues with their meal allowances.
The Government is to legislate to give women the right to breast-feed their babies at work - and it will also provide for minimum meal and rest breaks for all workers.
Skipper Steve Price is heading a little into the unknown as he begins to sit out eight weeks of the Warriors' NRL campaign.
State-owned Kiwibank has announced a half-year audited profit of $22.7 million after tax, compared with $17.2m for the corresponding period last year.
An oil painting considered to be one of the finest by Charles Goldie brought a record auction price at a sale in Auckland on Wednesday night.
Team New Zealand has described a New York judge's decision against America's Cup yachting defenders Alinghi yesterday as the best outcome for all challengers.
Rowers Rob Waddell and Nathan Cohen have been named to man the double sculls for New Zealand at the Beijing Olympic Games.
The Human Rights Review Tribunal said yesterday Josie Bullock, the Corrections Department probation officer who refused to sit behind men at a Maori function in 2004, suffered ‘‘detrimental treatment'' because of her sex.
New Zealand First Leader and Foreign Affairs Minister Winston Peters is inching towards a position on the free trade deal with China.
An Auckland man accused of murdering his wife and stuffing her body in the boot of the family car before fleeing to America made his second appearance in court yesterday.
One of New Zealand's biggest frauds says he wants to go straight - with help from the government ministry he ripped off.
The New Zealand Warriors will be without inspirational skipper Steve Price against Parramatta on Sunday for their first home match of the National Rugby League (NRL) season.
Sir Bob Charles, attending the launch of a golf tour bearing his name, yesterday cast his mind back to the thrill he got from his first strokeplay tournament.
Another New Zealand fund set up by Australian hedge fund Absolute Capital Group, now in administration, is to be liquidated.
Independent forecaster Berl said yesterday other economists were premature in forecasting recession.
