New Zealand commodity prices snapped four months of gains as aluminium and whole milk powder fell, though a weaker kiwi dollar shielded local producers from the decline. The ANZ Commodity Price Index fell 0.4 percent to 326.7 in November and have gained about 21 percent in the year. The index had been edging back toward its April record of 333.5 …

Wellington-based television and film production firm Gibson Group has bucked the recent trend of being snapped up by foreigners with a management buy-out underway as founder Dave Gibson departs to take over at the New Zealand Film Commission. Senior staffers including chief executive Victoria Spackman, director of exhibition projects Allan Smith, producer Bevin Linkhorn and exhibitions producer Brett Tompkins are …

The Commerce Commission has been urged not to sign off on the country’s dominant mobile phone operators buying the remaining 700 megahertz radio spectrum for fear of undermining burgeoning competition in the market. A Covec report, commissioned by new entrant Two Degrees Mobile, claims competition among mobile carriers would be “substantially enhanced” if the antitrust regulator declines clearance for Vodafone …