Recent Posts

Don Brash vents on Act’s coverage (via Facebook)

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 …

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Feltex directors cleared over failed carpet-maker’s prospectus

The former directors of Feltex Carpets have been found not liable for alleged disclosure failings in the failed carpet-maker’s 2004 prospectus in a representative lawsuit on behalf of 3,639 former shareholders.     In a reserved judgment in the Wellington High Court, Justice Robert Dobson  said while there was “some justification” for a number of the criticisms of the content of the prospectus, …

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NZ service sector expands in August, retail trade subdued

New Zealand service sector activity expanded in August, with employment at its highest level since the survey began in 2007, though retail trade was subdued in the month.     The BNZ-BusinessNZ performance of services index slipped 0.5 points to 57.9 in August, and was up from 53.7 in the same month a year earlier. The service sector, which accounts …

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