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Sky TV shareholders asked to approve director fee increase

Sky TV shareholders asked to approve director fee increase
Wellington, Sept 28 NZPA - Sky TV shareholders will be asked to approve an increase in directors' fees to $750,000 a year at the company's annual meeting in Auckland next month. Since 2005, directors' fees have totalled $500,000 a year.

OIO dismisses Crafar report

Wellington, Sept 17 NZPA - The Overseas Investment Office has dismissed as incorrect a report that it has either rejected or suggested significant constraints on Hong Kong-based Natural Dairy's application to buy Crafar family farms in the central and lower North Island.

Lower deposit guarantee hurt South Canterbury

Lower deposit guarantee hurt South Canterbury
Wellington, Sept 2 NZPA - Wealthy investors pulling money out of South Canterbury Finance (SCF) to get below new limits for the Government's deposit guarantee scheme appear to have compounded the woes of the Timaru-based finance company.

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.

Nuplex denies merger speculation

Nuplex denies merger speculation
Wellington, July 7 NZPA - Nuplex Industries Ltd is hitting down speculation in the Australian media that it is considering merging its chemical trading unit with that of Australian company Orica Ltd with a view to divesting it.

Media treatment in Fiji a worry - Key

Media treatment in Fiji a worry - Key
Wellington, June 29 NZPA - More heavy-handed treatment of the media in Fiji is worrying, Prime Minister John Key says.

If I Overestimate My PIR Rate Can The IRD Keep The Overpayment?

If I Overestimate My PIR Rate Can The IRD Keep The Overpayment?
I read in the Herald recently that if I underestimate my PIR tax rate for my KiwiSaver account then I will have to pay more tax, but if I overestimate the rate then it's tough luck and the IRD keeps the overpayment.  

Government looking at short-range passenger aircraft

Government looking at short-range passenger aircraft
Wellington, May 7 NZPA - The Government is looking at buying short-range passenger aircraft to transport dignitaries and plug a Defence Force capacity gap.

Key to meet US vice president

Wellington, April 12 NZPA - Prime Minister John Key is to make an unscheduled visit to the White House while in Washington attending a nuclear security summit.

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