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24 Sep 2017

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Fuel flowing in repaired pipeline, will reach airport tomorrow night
Fuel is now flowing from Marsden Pt to Wiri after repairs were made to the pipeline, and a spokesman for the fuel industry says it is looking forward to the fuel being pumped to Auckland Airport tomorrow night.The Refining NZ pipeline,...

Parole for $33 million mortgage fraudster after one year in jail
An Auckland man involved in a $33 million mortgage fraud has been released on parole after spending just over a year in jail.Simon Lawrence Turnbull, in his mid-40s, last year admitted his role in a mortgage fraud where false loan...

Market sees National in box seat, but 'fundamental' differences with NZ First remain
As financial markets prepare for weeks of coalition negotiations, focus will be on trying to decipher Winton Peters' bottom lines for the economy.

Can National and NZ First bridge the gap over NZ Super?
The chasm between the superannuation policies of National and NZ First is wide, but pensions experts believe it can be bridged.

NZ financial markets seen taking election result in their stride
Financial markets are likely to take Saturday's election result in their stride when trading resumes on Monday, but immigration is set to become a key issue for business as the parties start negotiations to form the next government,...

Copying Bill Gates is a bad idea if you want to get rich
By Chengwei Liu , Warwick Business School, University of Warwick Bill Gates is a lot luckier than you might realise. He may be a very talented man who worked his way up from college dropout to the top spot on the list of the...

Aussie billionaire's mission to rid world of slavery
It's an experience so heart-wrenching that Andrew "Twiggy" Forrest still finds it difficult to talk about.Retelling the story years later in the luxurious surroundings of a Midtown New York hotel, the West Australian mining magnate...

New Zealand's largest bank says construction, migration and tourism may have all peaked
Economists at New Zealand largest bank warn economic growth appears to be cooling, opening the possibility of future interest rate cuts.

Mark Zuckerberg to sell up to US $12 billion of Facebook shares to fund philanthropy
Mark Zuckerberg said Facebook is withdrawing plans to create a new class of stock that would have let him keep tight reins on the social media company even as he sold down his stake to fund his philanthropy.Zuckerberg said he plans...

Turoa ski field deal secures plans for mountain reinvestment
Ruapehu Alpine Lifts (RAL) has been granted a new licence to operate Mt Ruapehu's Tūroa, New Zealand's second largest ski area, securing the long term future of the company.The licence has an initial term of 25 years plus seven...

Lufthansa offering to pay 200 million euros for Air Berlin - report
Lufthansa is offering to pay 200 million euros (NZ$325m) to buy its insolvent smaller rival Air Berlin and is prepared to pay up to 100m�euros to meet operating costs to keep the airline going in the interim, newspaper Bild am Sonntag (BamS) said on Sunday.

Five types of work jerk and how to deal with them
Ten years ago, the typically sober and staid management book genre welcomed an off-colour title to its shelves.

Seismic concerns prompt banks to leave Auckland mall
Two of New Zealand's biggest banks have shut branches in a large Auckland shopping centre over seismic concerns with some older parts of the mall.The banks closed within a day of each other last month, although rival ASB remains...

First batch of jet fuel pumped to Auckland after pipe repaired, tankers still to deliver
The first batch of jet fuel has been pumped from Northland to Auckland since the ruptured 170km fuel pipeline was repaired.