http://www.nzherald.co.nz/ Latest Business headlines from nzherald.co.nz en-nz Copyright 2009 APN HOLDINGS NZ Sun, 22 Nov 2009 19:00:15 +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=10610758&ref=rss I hope I am not the only one who found his eyes rolling round in his head trying to understand the ins and outs of what Allied Farmers are proposing for Hanover Finance.Allied Farmers, a $12 million company that reported a $34... newsfeeds@nzherald.co.nz Sun, 22 Nov 2009 18:00:00 +1200 http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10610910&ref=rss Regional towns across New Zealand are feeling the squeeze as mortgagee sales hit another historic high in September, according to the latest figures from Terralink International.The data released today showed 343 registered mortgagee... newsfeeds@nzherald.co.nz Sun, 22 Nov 2009 13:23:10 +1200 http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10610759&ref=rss Employers should brace for an avalanche of staff turnover next year that could see them lose half their workforce, according to new surveys.They face a year of "churn", when unhappy employees, held hostage during the recession,... newsfeeds@nzherald.co.nz Sun, 22 Nov 2009 06:00:20 +1200 http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10610631&ref=rss After a battle with cancer, Lloyd Morrison tells Liam Dann why he still has work to do Lloyd Morrison is lucky to be alive. Last December he started feeling flat and run-down. He blamed the enormous year he had been through.Running... newsfeeds@nzherald.co.nz Sun, 22 Nov 2009 05:00:20 +1200 http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10610753&ref=rss When investment adviser Martin Hawes started thinking about things he'd like his first grandchild, Aston Saunders, to know, he settled on writing him a series of letters to capture and distil the financial lessons he has learned.... newsfeeds@nzherald.co.nz Sun, 22 Nov 2009 04:00:18 +1200 http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10610784&ref=rss The countdown to Christmas has begun, and those looking to get a start on their shopping need look no further than their computer screens.From electronics to clothing and fragrances, money can be saved and bargains found online,... newsfeeds@nzherald.co.nz Sun, 22 Nov 2009 04:00:16 +1200 http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10610530&ref=rss In New Zealand, the gap between the top personal tax rate (38 per cent) and the lower/middle personal tax rates - as well as the company rate of 30 per cent and the trust rate of 33 per cent - continues to make structuring and income-splitting... newsfeeds@nzherald.co.nz Sun, 22 Nov 2009 03:55:00 +1200 http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10610634&ref=rss SHANGHAI: China yesterday raised electricity rates for businesses and industries by 5.7 per cent and says more rises are planned, as the country adjusts prices to reflect costs and promote energy saving.It was the first rise since... newsfeeds@nzherald.co.nz Sat, 21 Nov 2009 04:30:00 +1200 http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10610628&ref=rss Craig Norgate - the man who brought PGG Wrightson together as a business - will no longer own a controlling stake and may lose his seat on the board after a $249 million capital injection plan is completed.New Zealand's largest... newsfeeds@nzherald.co.nz Sat, 21 Nov 2009 04:00:18 +1200 http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10610622&ref=rss Allied Farmer's new managing director Rob Alloway - the man driving his firm's audacious $400 million debt-for-equity deal with Hanover and its debenture investors - accepts he's not a particularly well-known figure.But that,... newsfeeds@nzherald.co.nz Sat, 21 Nov 2009 04:00:16 +1200 http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10610618&ref=rss Sir Roger Douglas has released an "alternative Budget" incorporating radical changes to Government spending and tax the Act MP says are needed if New Zealand is serious about closing the income gap with Australia.It carries the... newsfeeds@nzherald.co.nz Sat, 21 Nov 2009 04:00:14 +1200 http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10610630&ref=rss The proposed Allied Farmers/Hanover Finance deal would be one of New Zealand's biggest, most innovative and high-risk commercial transactions.It is even bolder than the deals investors are anticipating from George Kerr and the... newsfeeds@nzherald.co.nz Sat, 21 Nov 2009 04:00:12 +1200 http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10610706&ref=rss Two Auckland mansions have changed hands for about $20 million in the past few weeks.Ross Munro's stately house at 15 Cremorne St in Herne Bay and Craig Norgate's estate at 24 Ronaki Rd in Mission Bay have both sold.Mr Munro's... newsfeeds@nzherald.co.nz Sat, 21 Nov 2009 04:00:00 +1200 http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10610698&ref=rss While hurting Hanover investors struggle with the loss of millions of dollars, the company's owners continue to splurge on upmarket properties.Hanover co-owner Mark Hotchin owns a number of Auckland properties, but investor outrage... newsfeeds@nzherald.co.nz Sat, 21 Nov 2009 04:00:00 +1200 http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10610637&ref=rss Tough financial times can be a boon for lenders of last resort.Economic winters take a toll on vulnerable companies and so swell the workload of liquidators.A huge industry has grown from the leaky buildings crisis.Hard... newsfeeds@nzherald.co.nz Sat, 21 Nov 2009 04:00:00 +1200 http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10610635&ref=rss SYDNEY: The already overvalued Australian dollar will reach parity with the US dollar in the next six to 12 months and peak at about US$1.02-03, a currency strategist says.State Street Global Advisers head of currency management... newsfeeds@nzherald.co.nz Sat, 21 Nov 2009 04:00:00 +1200 http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10610633&ref=rss LONDON: The spectre of a global "jobless recovery" was conjured up yesterday by the Organisation for Economic Co-operation and Development , which predicted "the economic recovery now spreading across OECD countries is still too timid... newsfeeds@nzherald.co.nz Sat, 21 Nov 2009 04:00:00 +1200 http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10610632&ref=rss PARIS: France has unveiled a budget-busting ?35 billion ($71.5 billion) plan to make its economy more competitive - a move that flies in the face of widespread warnings on debt and which risks the ire of EU neighbours who are tightening... newsfeeds@nzherald.co.nz Sat, 21 Nov 2009 04:00:00 +1200 http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10610624&ref=rss Fonterra is getting out of the business that was the cornerstone of New Zealand's multibillion-dollar dairy industry - the British butter market.Eight years after Fonterra cut a deal with one of its biggest competitors in Europe,... newsfeeds@nzherald.co.nz Sat, 21 Nov 2009 04:00:00 +1200 http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10610619&ref=rss Part of Five Mile, the $2 billion project near Queenstown, has been sold to Tony Gapes of Auckland.One of the biggest projects Hanover Finance funded has been sold to his Queenstown Gateway, which announced yesterday it had bought... newsfeeds@nzherald.co.nz Sat, 21 Nov 2009 04:00:00 +1200