Recent Posts

Uphill Battle: TPP does not add up for NZ without good dairy outcomes. Major NZ dairy companies speak out

The Dairy Companies Association of New Zealand (DCANZ) is firm in its view that a good deal on dairy in TPP is necessary for any deal to stack up for New Zealand. “The facts are that dairy accounts for 35% of NZ exports. You can’t even come close to achieving an acceptable deal for New Zealand without a good deal …

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‘Put that Vespa away’ – disgraced Heart of City boss Alex Swney gets five years plus

The disgraced former chief executive of Auckland’s Heart of the City, Alex Swney, has been sentenced to five years and seven months in jail for tax evasion and defrauding the business group. The 57-year-old, who admitted to charges laid by the Inland Revenue and the Serious Fraud Office, appeared in the Auckland District Court today. Swney was the founder and …

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Air NZ sees annual earnings rising as much as 60%; shares gain

Air New Zealand, the national carrier, expects annual earnings to rise by as much as 60 percent, with benign trading conditions continuing into the second half of the year. The shares gained 2.2 percent to $2.58 in today’s trading. The Auckland-based airline forecasts normalised pre-tax earnings of between $520 million and $530 million in the 12 months ending June 30, up …

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