Michael Hill, the founder of the jewellery chain that bears his name, has outlined what is described as a “succession plan” for his family’s controlling stake in the company, with 10 percent of the company to be transferred to trusts…
EU referendum: Everything you wanted to know about Brexit but were too afraid to ask
British voters head to the polls later today to decide if the country should stay in the European Union or leave it.The stakes are high and the issues complex. This is how to make sense of it all. WHAT IS THE EUROPEAN UNION? West…
Liam Dann: Has migration reached its peak?
New Zealand’s economic miracle – the desire of people to come and live here – show’s signs it has peaked, according to latest data from Statistics NZ.The pace of net migration was almost unchanged from April and technically takes…
Auckland's tallest residential tower gets green light
A 52-storey residential tower to be built on Auckland’s Custom Street has received resource content from Auckland Council.The tower, to be built within the next four years, is part of architecture firm Peddle Thorp’s design to redevelop…
Xero's Drury on innovation Down Under
Xero CEO and founder Rod Drury has discussed innovation Down Under at a summit opened by United States President Barack Obama.Obama told the SelectUSA Investment Summit in Washington this week that bringing companies together…
Spark or Vodafone – Who's number one?
Spark has waded into the Sky TV-Vodafone merger discussion – disputing a claim that Vodafone is New Zealand’s number one mobile phone company.Spark issued a statement this morning saying it is the number one mobile provider -…
False statements earns director 4 months' home detention
A company director who made false statements in financial accounts has been sentenced to four months’ home detention and 200 hours’ community work.Mark Turnock was on the board of SPG Investment (SPGI), which accepted more than…
Led Zeppelin lawyers ask judge to toss 'Stairway' case
LOS ANGELES (AP) ” Led Zeppelin’s lawyers have asked a judge to throw out a case accusing the band’s songwriters of ripping off a riff for “Stairway to Heaven.”Attorney Peter Anderson said Monday the estate of Randy Wolfe failed…
Actor died amid growing career, including 'Star Trek' role
NEW YORK (AP) ” When Anton Yelchin was killed early Sunday, the 27-year-old actor was preparing to meet friends for rehearsal.That he was on his way to work was fitting: Yelchin was in the midst of a growing career and was increasingly…
'Big Bang' to 'Brexit': City of London fears end to golden age
Geese don’t come much more golden than the City of London.The narrow lanes of the Square Mile, lined with handsome neoclassical stone and gleaming modern glass, are at the heart of a British financial sector that paid US$94 billion…