Shareholder activist Bruce Sheppard has stepped down as chairman of the Shareholders Association, reflecting on more than nine years with the organisation.Sheppard, who spoke to a packed audience of several hundred members, told...
The Reserve Bank's interest rate rises are damaging the country's house building sector, according to Jennian Homes.Richard Carver, director of the national building business, said consumers were holding back from building and...
Troubled businessman Terry Serepisos is out, Prime Minister John Key is up $5 million, and Sir Peter Jackson's movie empire is making him one of the richest businessmen in the country.The National Business Review annual rich...
A Chinese businessman alleged to be behind ambitious plans to invest up to $1.5 billion in New Zealand's dairy industry has only recently severed his business links with former National Prime Minister Jenny Shipley.According to...
Telecom New Zealand is said to be close to a deal with Australian telco iiNet to buy the retail arm of its Australian business, AAPT.Media reports out of Australia had suggested Telecom was a step closer to quitting its billion-dollar...
Protests in India organised by Hindu nationalist political party Shiv Sena against imports of New Zealand dairy products have turned ugly with party workers draining thousands of litres of milk at Pune, 100km south of Mumbai.The...
Credit growth slipped into negative territory last month, led by a continuing contraction in bank lending to the business sector.Businesses owed their banks $72.8 billion, down $400 million or 0.5 per cent on May and down $6 billion...