The National Party-led government has gained support from an unlikely quarter, with one of US president Barack Obama’s former top economic advisers, Peter Orszag, saying New Zealand is “the only country” implementing a balanced mix of stimulus and austerity policies. “For most countries it’s better to combine deficit reduction that you put in place now but that takes effect over …

New Zealand companies and organisations are well aware of risk management strategies and approaches, but for many it is just a box ticking exercise rather than a core management function. Murray Chandler, partner for accounting and advisory firm Grant Thornton, said that this was one of the findings from the latest Grant Thornton New Zealand Business Risk Survey: Delivering value …

Is Fonterra’s Sir Henry van der Heyden staying on past his use-by date as the dairy co-operative’s chairman to protect chairman-elect John Wilson from a boardroom coup? That question was doing the rounds even before Fonterra confirmed on September 27 that van der Heyden would not step down from the board as expected this December when he hands over the …