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High Court

Commerce Commission To Appeal 0867 Case To Supreme Court

Commerce Commission To Appeal 0867 Case To Supreme Court
Wellington, Sept 1 NZPA - The Commerce Commission is seeking leave to appeal to the Supreme Court a long running dispute with Telecom. The Court of Appeal and High Court have previously ruled in Telecom's favour in the case.

BNZ Reports $183m Nine Month Loss After Disputed Tax Bill

BNZ Reports $183m Nine Month Loss After Disputed Tax Bill
Wellington, Sept 1 NZPA - Bank of New Zealand has reported a $183 million bottom line loss in the nine months to June 30 after running large taxation items from the disputed structured finance court case through its income statement.

Commerce Comm Investigates Telecom Wholesale Loyalty Offers

Commerce Comm Investigates Telecom Wholesale Loyalty Offers
Wellington, Aug 31 NZPA - The Commerce Commission has opened an investigation into loyalty offers made by Telecom's wholesale business unit.

Oversight Group Finds Telecom Breaches Separation Undertakings

Oversight Group Finds Telecom Breaches Separation Undertakings
Wellington, Aug 27 NZPA - A watchdog group has found wholesale loyalty offers offered by Telecom breached the company's separation undertakings. The Independent Oversight Group (IOG) investigated after complaints from Vodafone and Kordia.

Antartic Operators May Have To Pay For Environmental Emergencies

Wellington, Aug 21 NZPA - Operators in Antarctica could be forced to pay for any environmental disasters they cause or find, if a new bill is passed.

Labour's Auckland Assets Bill Defeated In Parliament

Labour's Auckland Assets Bill Defeated In Parliament
Wellington, Aug 19 NZPA - A Labour Party bill that would have forced a referendum before any of Auckland's assets could be sold was defeated on its first reading in Parliament tonight.

Holcim Decision On Weston Some Way Off

Holcim Decision On Weston Some Way Off
Wellington, Aug 17 NZPA - Holcim NZ does not expect to decide whether or not a proposed cement plant at Weston near Oamaru will go ahead before late next year. Holcim today welcomed the granting of consents for the $300 million project as a step forward.

Commission Settles With Visa On Interchange Fees

Commission Settles With Visa On Interchange Fees
Wellington, Aug 12 NZPA - The Commerce Commission has settled the issue of credit card interchange fees with Visa after the card company approached it.

Banks Costing Taxpayers $38 Million

Wellington, Aug 12 NZPA - The cost of structured finance legal cases against banks has topped $38 million, the Green Party says.

BNZ To Appeal Structured Finance Transaction Tax Case

BNZ To Appeal Structured Finance Transaction Tax Case
Wellington, Aug 11 NZPA - Bank of New Zealand has decided to appeal the tax case it lost in the High Court last month and is making a $661 million provision for the case in it accounts.