Dene Mackenzie

Spark New Zealand has warned its broadband and landline prices may rise following the Commerce Commission's release yesterday on the prices Chorus can charge for its copper wire network.

Petrol prices are expected to drop further before Christmas as the price of oil continues the slide started in June, with no let-up in sight.

The Retirement Village Association is working on social housing options for elderly people living in state houses, executive director John Collyns says.

The Otago Chamber of Commerce planned to work with various stakeholders to ensure Dunedin's Gigatown success is promoted nationally to attract businesses south.

Air New Zealand's unscheduled trading update highlighted the potential for near-term bumper profits, Forsyth Barr broker Andrew Rooney said yesterday. Given low fuel prices and growing revenue, the operating backdrop was ''extremely favourable''.

Dunedin is about to become a test case for the rest of New Zealand now the city has won the right to become the first in the country to get 1-gigabit-per-second data access, internet service provider Snap Retail says.

Wicked Networks managing director Stewart Fleming woke at 3am yesterday with a million ideas swirling around in his head after learning Dunedin had won the Gigatown competition.

Ministry of Foreign Affairs and Trade chief executive John Allen is set to become a million-dollar man when he leaves his post next year to become chief executive of the New Zealand Racing Board.

Regulated telecommunications network operator Chorus yesterday finally got to release some good news to the market although its initial information took time to understand.

Dunedin North MP David Clark has been promoted to Labour's front bench and will take on the economic development role for the party, a head-to-head clash with Economic Development Minister Steven Joyce.

Immigration into New Zealand reached a new high in October, with warnings coming the record levels could place considerable pressure on New Zealand's housing market.