Infratil shares rose to the highest in more than six years on the prospect of a capital return after the A$605 million sale of its Australian energy operations, which will generate a $44 million fee for manager HRL Morrison and Co. The Wellington-based company sold Lumo Energy and Direct Connect Australia after reviewing its ownership of the assets in May, …

Trade Me Group, New Zealand’s biggest internet auction site, has bought Wellington-based online credit card payments firm Paystation for an undisclosed sum. The acquisition is expected to be completed by the end of the month, and included two related firms, web developer Face and server hosting unit Netspace Services, Wellington-based Trade Me said in a statement. The purchase price was confidential, but …

I’ve always been reluctant to believe in media conspiracies, but having watched the way in which Radio New Zealand and TVNZ have been covering this election campaign I have to conclude that those driving the election coverage on those channels are either wildly Left-wing or plain ignorant, and I’m genuinely not sure which explanation is the more plausible. The media …