http://www.nzherald.co.nz/ Latest Business headlines from nzherald.co.nz en-nz Copyright 2010 APN HOLDINGS NZ Fri, 03 Sep 2010 18:00:01 +1200 http://blogs.law.harvard.edu/tech/rss APN RSS Generator webnews@nzherald.co.nz webmaster@nzherald.co.nz http://www.nzherald.co.nz/images/nz_little_logo.gif http://www.nzherald.co.nz/business/news/headlines.cfm?c_id=3 http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10670910&ref=rss The New Zealand dollar was firm today ahead of the United States payrolls report.The local currency galloped higher this week when strong economic data offshore and a better than expected Fonterra online milk powder auction outweighed... newsfeeds@nzherald.co.nz Fri, 03 Sep 2010 17:56:06 +1200 http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10670867&ref=rss The average New Zealander is spending $45 less a week than they were before the recession in a bid to wipe out debt and inject equity back into their homes - a move which is hurting retailers.NZIER principal economist Shamubeel... newsfeeds@nzherald.co.nz Fri, 03 Sep 2010 13:43:52 +1200 http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10670842&ref=rss Allied Farmers chief executive Rob Alloway has resigned, following chairman John Loughlin out of a firm whose finance arm is in receivership, and whose bloated share registry reflects its exposure to failed finance company assets.Alloway... newsfeeds@nzherald.co.nz Fri, 03 Sep 2010 13:30:11 +1200 http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10670852&ref=rss House prices in Auckland fell during August as the number of properties being listed continued to stall.Figures released today by the region's largest real estate agency, Barfoot and Thompson, showed an average sales price of... newsfeeds@nzherald.co.nz Fri, 03 Sep 2010 13:00:04 +1200 http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10670686&ref=rss Questions need to be asked of the former management of failed company South Canterbury Finance, says the Shareholders Association.Des Hunt, Shareholders Association corporate liaison director, said there was concern with activities... newsfeeds@nzherald.co.nz Fri, 03 Sep 2010 12:30:20 +1200 http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10670681&ref=rss Bad loans to bars, hotels, furniture makers, property investors and even a state house builder wiped out at least $100 million from South Canterbury Finance.Companies Office records show a group of failed companies owe SCF but... newsfeeds@nzherald.co.nz Fri, 03 Sep 2010 12:00:16 +1200 http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10670781&ref=rss Dear Allan Hubbard:Please say sorry and thanks. Please say sorry to the taxpayers of New Zealand and investors in South Canterbury Finance who now have to bear the burden of cleaning up your mess. Please say thanks to... newsfeeds@nzherald.co.nz Fri, 03 Sep 2010 11:30:54 +1200 http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10670796&ref=rss Significant price lifts in Fonterra's internet auction of commodity milkpowders have set the scene for the start of NZX trading in global dairy futures contracts.Dairy futures trading has previously been tried with little success... newsfeeds@nzherald.co.nz Fri, 03 Sep 2010 11:00:03 +1200 http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10670829&ref=rss A liquidation application against troubled Auckland property developer Andrew Krukziener's company has been adjourned to give him time to repay his creditor.Telecommunications company CallPlus filed a liquidation application against... newsfeeds@nzherald.co.nz Fri, 03 Sep 2010 10:56:17 +1200 http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10670755&ref=rss The Government favours selling South Canterbury Finance assets as going concerns rather than a long, costly receivership.A spokesman for Finance Minister Bill English said potential investors who had approached South Canterbury... newsfeeds@nzherald.co.nz Fri, 03 Sep 2010 10:00:00 +1200 http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10670808&ref=rss NEW YORK - US computer giant Dell dropped out of the bidding for 3Par yesterday after Hewlett-Packard raised its offer for the data storage company to US$33 per share or $2.4 billion (NZ$3.35bn)."We took a measured approach throughout... newsfeeds@nzherald.co.nz Fri, 03 Sep 2010 09:30:00 +1200 http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10670807&ref=rss The New Zealand dollar continued to climb overnight, ending the week on a stronger note than the start.By 8am today the NZ dollar was buying 71.44c from US71.28c at 5pm yesterday, after reaching a high of nearly US71.80c overnight.The... newsfeeds@nzherald.co.nz Fri, 03 Sep 2010 09:11:50 +1200 http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10670696&ref=rss A respected children's media expert is lamenting that kids have been sacrificed to sleaze under New Zealand's TV standards system.Ruth Zanker is a lecturer at Christchurch Polytechnic and a researcher who has specialised in children... newsfeeds@nzherald.co.nz Fri, 03 Sep 2010 07:00:00 +1200 http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10670676&ref=rss Telecom's business division, Gen-i, has pulled together expertise from the farming community to advise on the development of technology for the rural sector.Gen-i has announced a 12-member board as an independent sounding board... newsfeeds@nzherald.co.nz Fri, 03 Sep 2010 07:00:00 +1200 http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10670812&ref=rss UPDATE: #SkyNZ now tweeting: power off & unplug at wall for 30secs, will take up to 2 mins to reboot, should resolve, pls advise if o'wise! Some Sky subscribers are reporting problems with a MySky software update this morning.... newsfeeds@nzherald.co.nz Fri, 03 Sep 2010 06:45:00 +1200 http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10670675&ref=rss An international hotel broker has called for a truce at Auckland's Westin.Dean Humphries, national director Jones Lang LaSalle Hotels, said it was important that an impasse between two fighting factions be resolved."The unit... newsfeeds@nzherald.co.nz Fri, 03 Sep 2010 06:30:14 +1200 http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10670646&ref=rss Pyne Gould Corp said its subsidiary Perpetual Group is in advanced exclusive talks with ASB Bank to buy fund management business Aegis. PGC expects to say more about the potential acquisition by the end of this month. The exclusive... newsfeeds@nzherald.co.nz Fri, 03 Sep 2010 06:20:00 +1200 http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10670643&ref=rss Why fix what is not broken rings true with BNZ as it reverts to a logo similar to its old 1950s southern cross design. In 2008 BNZ changed its logo to a simple "BNZ", dropping the southern cross and gold chevron. But BNZ recently... newsfeeds@nzherald.co.nz Fri, 03 Sep 2010 05:50:00 +1200 http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10670822&ref=rss And just in time for Spring the Code of Professional Conduct for Authorised Financial Advisers (AFA) has blossomed.The Code, as readers will newsfeeds@nzherald.co.nz Fri, 03 Sep 2010 05:30:37 +1200 http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10670678&ref=rss New Zealand is among a group of five advanced economies whose Government finances have the most capacity to deal with unexpected shocks, according to a study by International Monetary Fund economists.The others are Australia,... newsfeeds@nzherald.co.nz Fri, 03 Sep 2010 05:30:18 +1200