Vocus NZ chief executive Mark Callander

Trustpower close to deal to buy Vocus' NZ assets

The three contenders have apparently narrowed to one.

McGrathNicol liquidators William Black (left) and Conor McElhinney have retained legal counsel.

Intueri liquidators mulling legal action

Tue 27 Mar

Secured creditor ANZ still owed $45m after training company’s collapse.  

Energy Minister Megan Woods says “No one is suggesting changing any existing permit or project."

Minister reassures oil and gas industry

Tue 27 Mar

Minister wants oil and gas industry involved in planning for zero carbon economy.

ALPM New Zealand chairwoman Sheryll Carey says the legal industry is a tight market at present.
Graeme Hart says Reynolds is “a beautiful thing.”

Profits rise at Graeme Hart’s ‘beautiful’ packaging group

Tue 27 Mar

Reynolds debt remains high at $US11.4 billion. 

SkyCity chief executive Graeme Stephens says it's been considering the pay raise for the last 18 months.

SkyCity to increase its minimum wage to $20 an hour by 2020

Tue 27 Mar 2

Company signals move to get ahead of 2021 minimum wage legislation. 

ANZ Bank chief economist Sharon Zollner says RBNZ committee will be international best practice.

Economists, Don Brash, approve of Reserve Bank changes

Including unemployment in the PTA is making explicit what was always implicit

Rodney MP Mark Mitchell says New Zealand First list MP Jenny Marcroft approached him under instructions from one of her party’s ministers.

National MP accuses NZ First of political abuse of growth fund

Mon 26 Mar 16

It's all just a misunderstanding, insists Winston Peters.

FileInvite chief executive James Sampson says business is a team sport.

Serial tech entrepreneur goes it alone

Entrepreneur series: FileInvite founder James Sampson is on his third tech venture but the first as solo chief executive.

The Week Ahead

Mon 26 Mar

A look at the NBR news agenda for the week ahead.

Auckland University Business School researcher and graduate Paul Rataul says Netflix has built success on adaptation.
John Fellet will step down as CEO within a year (photo: Tinaz Karbhari)
Housing Minister Phil Twyford hopes 30-40% of the new homes will be affordable.
Tegel chairman David Jackson is not interested in interviews.

NBR BUSINESS PULSE

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Property

Sir Michael Cullen's tax working group asks if tax can making housing more affordable.

Tax Working Group can’t dress up tax as a fix to broken housing market

Opinion: It is not the purpose of tax to reduce the value of a specific asset class.

Politics

Finance Minister Grant Robertson and incoming Reserve Bank governor Adrian Orr signing the PTA. (Photo: Jenny Ruth)

Employment top concern in new Reserve Bank PTA

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The new focus on employment outcomes is an outcome of Phase 1 of the Review of the Reserve Bank Act 1989.