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New Zealand Herald

Generators complain after NZX freezes payments

Wellington, Aug 25 NZPA - Two electricity generators lodged formal complaints against the NZX after it froze multi-million dollar payments on the electricity trading market.

$18m investment 'unlikely to be returned'

Auckland, Aug 12 NZPA - Investors have been told they are unlikely to see any of the $18 million they invested with an Auckland couple, despite the sale of their multi-million dollar Remuera mansion.

APN head Brendan Hopkins to step down in December

APN head Brendan Hopkins to step down in December
Wellington, July 13 NZPA - The chief executive of APN News & Media, publisher of the New Zealand Herald, is stepping down at the end of the year.

May Wang ups offer to creditors - report

Auckland, June 29 NZPA - Chinese businesswoman May Wang has upped her offer to the creditors she owes $22 million to 6 cents in the dollar, the New Zealand Herald reports today.

Dynasty Group creditors approve payout deal

Auckland, June 28 NZPA - Creditors of the failed property company of Hong Kong businesswoman May Wang have accepted a repayment deal which will see them get about 2c in the dollar.

Govt questioned over claims to Northland coast

Wellington, June 24 NZPA - Opposition MP Jim Anderton was told in Parliament today he was jumping the gun by asking how much of Northland's coastline would come under Maori customary title when the Foreshore and Seabed Act is repealed and replaced by new legislation.

More allegations surface over DNA sampling

More allegations surface over DNA sampling
Wellington, June 24 NZPA - More accusations of police pressuring young people to provide DNA samples have surfaced after Maori Party MP Hone Harawira went public with his own concerns.

Henare has heart attack

Henare has heart attack
Wellington, June 21 NZPA - National Party MP Tau Henare is in hospital recovering from a heart attack, it was reported today. Mr Henare, 49, told the New Zealand Herald from Auckland City Hospital he woke at 2am on Sunday morning and knew immediately he was having a heart attack.

Retailers warned about layby-GST fish hook

Retailers warned about layby-GST fish hook
Wellington, June 8 NZPA - Retailers are being warned not to leave themselves short when signing people up to layby's without factoring in October's GST increase. In last month's budget the Government announced an increase in GST from 12.5 percent to 15 percent.

Drips in the Beehive, committee told

Drips in the Beehive, committee told
Wellington, June 3 NZPA - The Beehive roof is a bit leaky but there isn't any money to fix it.