NZX, the stock exchange operator, is declining comment on a claim by telecommunications lobbyists that there's an emerging pattern of spikes in the Chorus share price ahead of the release of market-sensitive information from the government. The chief executive of the Telecommunications Users Association of New Zealand, Paul Brislen, cited two incidents, in August and in the last five days, …

The New Zealand dollar extended its rally against its trans-Tasman counterpart as the divergence between the neighbouring economies makes local interest rates more attractive, ahead of tomorrow’s release of minutes to the last Reserve Bank of Australia policy meeting. The kiwi rose as high as 92.49 Australian cents, the highest since October 2008, trading at 92.40 cents at 5pm in …

A government deal that's upped the rebate incentive scheme for big budget movie productions and secured the next three installments of James Cameron's Avatar series is part of a longer-term solution for an industry at risk of stalling. The deal will give Avatar's producers Lightstorm Entertainment and Twentieth Century Fox a 25 percent rebate for spending of at least $500 …