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.

Wellington, Aug 25 NZPA - The Electricity Commission is investigating allegations by power generators about non-payment of electricity market participants by clearing manager NZX on August 20.

Wellington, Aug 25 NZPA - The Electricity Commission is investigating allegations by power generators about non-payment by clearing manager NZX, as well as an allegation against one company by NZX.

Wellington, Aug 18 NZPA - The nzherald.co.nz website is highly profitable and has advertising revenues in excess of a million dollars a month, owner APN News & Media Ltd said. It said it is continuing to review opportunities to charge for content.

Wellington, Aug 5 NZPA - Independent News & Media Plc (INM) has sold 17.1 million shares in Jagran Prakashan Ltd (JPL) on Indian sharemarkets to exit the investment. The 32 million euros ($NZ57 million) it received will be used to reduce bank debt.

Wellington, July 2 NZPA - The Corrections Department will be the largest government department within a few years, Finance Minister Bill English said.

By Maggie Tait and Laura McQuillam of NZPA Wellington, June 29 NZPA - Former prison manager Celia Lashlie is backing prison staff union the Corrections Association over its concerns banning smoking will see more violence in jails.

Wellington, June 25 NZPA - A survey of early childhood centres has found more than a quarter are looking at leaving the 20 hours free scheme because of cuts in the May budget.

Wellington, June 25 NZPA - A survey of early childhood centres has found more than a quarter are looking at leaving the 20 hours free scheme because of cuts in the May budget.

By Kate Chapman of NZPA Wellington, June 22 NZPA - The chairwoman for the Pacific Island Ministerial Advisory Council has quit over the controversial $5 million grant given to the Pacific Economic Development Agency (Peda).