Business confidence rose to its highest in more than three years in the third quarter and broadened beyond Canterbury, according to the latest Quarterly Survey of Business Opinion from the New Zealand Institute of Economic Research. A net 32 percent of businesses were optimistic in the September quarter, seasonally adjusted, up from a net 30 percent in the June quarter, …

Sky Network Television has been let off with a warning for allegedly anti-competitive clauses in its contracts with resellers of its broadcast content because the Commerce Commission says it would cost too much to prosecute for breaches that are not relevant to future behaviour. However, Sky TV will face no prohibition on including the same clauses in future contracts, as …

nfratil chairman David Newman has stepped down from the board of the infrastructure investor for a period of medical leave. Newman, who has been chair since 2004, will also take a leave of absence of Wellington International Airport, where he is also chairman, and from his director’s role at Infratil Airports Europe, the company said in a statement. He has …