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DNZ Property Fund chief executive Paul Duffy sold 9.9 percent of his stake in the property investor worth $1.65 million, cashing in as the share price tests record-highs since listing two years ago. Duffy sold 964,150 shares at an average price of about $1.625 last week, netting him $1.57 million, having sold 50,000 shares for $79,250, or $1.585 a share, …

L&M Energy chairman and creditor Geoff Loudon has drawn more than 80 percent acceptances for his takeover offer. Loudon’s New Dawn Energy has acceptance for 80.4 percent of L&M, according to a substantial shareholder notice yesterday. It needs to get to 90 percent to declare the offer unconditional. The company made its offer in October at 6 Australian cents a …

The New Zealand dollar was little changed above 83 US cents after testing the upper limits of its recent trading range as traders await this week’s meeting of Federal Reserve policymakers. cheap software downloads The kiwi dollar traded at 83.36 US cents from 83.31 cents at 5pm in Wellington yesterday. It earlier reached 83.53 cents, a level it hasn’t seriously …

GLOBAL MARKETS:  Our London colleagues report that it was a quiet day in Europe . Most of the day’s focus was on the negative Italian headlines.  The weekend’s Italian political bombshell, along with some very weak industrial production data out of France and Italy , weighed on European equities, EUR and Italian sovereign bonds in early trading. However, most markets …

Environment Minister Amy Adams will today kick-off the next stage of the Government’s plan to reform the Resource Management Act. This afternoon, the Resource Management Amendment Bill 2012 will have its first reading in Parliament. The bill introduces a streamlined process for Auckland’s first unitary plan, a six-month time limit for processing consents for medium-sized projects and easier direct referral …

Some 379 buildings have been identified around New Zealand as being built in a similar engineering “genre” to the CTV Building, whose collapse in the February 2011 Christchurch earthquake claimed 115 of the 183 lives lost. At a press conference for the release of Volumes Five to Seven of the report of the Royal Commission of Inquiry into the Canterbury …

Wall Street moved higher amid promising data on China’s economy, fuelling hopes that the world’s second-largest economy is gathering steam again. China offered better-than-expected data on both industrial output and retail sales, welcomed by a market that is on tenterhooks about US budget talks aimed at avoiding the US$600 billion in tax increases and spending cuts scheduled to kick in …

The median house price in New Zealand set a new record for a second straight month, reaching $383,250 in the strongest sales volume in five years. apple antivirus software Sales rose 24 percent to 7,454 in November from a year earlier and were 12.3 percent up on October, according to the Real Estate Institute. The median price climbed 4.3 percent …

online loan calculator Paul Marcum, from GE, talked to the 90 Seconds crew about how the fouce should always be customer, customer, customer

online loans Katherine Barr, Venture Capitalist, talks to the 90 Second crew about how NZ startups should promote and network better.