Technical issues at NZX have kept investors in the dark with no market announcements being published on the stock exchange operator’s website and Reuters and Bloomberg services not showing trading action. The stock exchange hasn’t published any new market announcements on its public website today, due to technical issues though trading is open, an NZX spokeswoman said. It was unclear …

Allied Farmers, which kept itself alive last month through a fire sale of toxic loans, has sold its Taranaki real estate unit for $472,500, more than a quarter of the group’s value by market capitalisation. The Hawera-based firm sold its Allied Farmers First National business to the unit’s manager’s Shawn Gibbon and Owen Mills as part of its asset sale …

MightyRiverPower expects it would take at least four years for the Labour and Green party electricity policies to be enacted. With more than a year until the next scheduled election, that could make the promised power price cuts as much as five years away. The MRP estimate is based on the parties’ own statements about the complex process such change …