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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 …

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, …

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 …

THE reported beheading of British aid worker David Haines by so-called Islamic State terrorists was, as British Prime Minister David Cameron said, “an act of pure evil’’. After months of murderous atrocities in northern Iraq and Syria, including the beheadings of US journalists James Foley and Steven Sotloff, a broad coalition of Western and Arab nations will take on an …

By Charles Finny On 3 September 1939 a Labour Government in New Zealand declared war on Germany in support of the UK and others following Adolph Hitler’s decision to invade Poland. Until the war ended in 1945 New Zealand made enormous sacrifices and as we all know, and as happened in World War I a disproportionately large number of New …

GE Capital, the finance company owned by US firm General Electric, is selling its New Zealand and Australian consumer finance businesses, including GE Money, GE CreditLine, GEM Visa card and the Countdown OneCard Visa credit card. In New Zealand, GE Money has assets worth $1.4 billion, employing 800 staff with some 530,000 customers, according to its website. Its credit cards fall under GE Finance …

CSR Building Products (NZ), the unit of the ASX-listed building products maker, faces a bill of up to $9.5 million after cutting a deal with the government to settle looming legal action over the nation’s leaky schools, a fraction of the near billion dollar writedown taken on New Zealand’s state-owned schools. The New Zealand unit of CSR took a $9.5 million …

Warehouse Group, New Zealand’s largest listed retailer, expects earnings to rise this financial year following an 18 percent drop in 2014 as it benefits from investments in refurbishing its stores and adding new businesses. The Auckland-based retailer said adjusted profit, which excludes one-time items and is the basis for dividend payments, fell to $60.7 million, or 18.6 cents a share, in the 52 weeks ended July …

Irish media group Independent News & Media is backing the board of APN News & Media to grow shareholder value, as the Australasian publisher and broadcaster considers carving out its New Zealand unit. The Dublin-based company, which is controlled by Irish billionaire Dennis O’Brien, will support any moves by APN to increase the value of its 18.6 percent stake in the trans-Tasman …