Bathurst Moves To New Zealand

Tomtidomtidom… Australian coalminer Bathurst Resources’ shareholders have almost unanimously approved the company’s corporate shuffle across the Tasman. At a meeting today in Perth, its registered city of origin, Bathurst got the nod from its mostly Australian owners to create a New Zealand incorporated company. Of the 99 per cent of shareholders represented, 96 per cent […]

1500 jobs at Telecom may be lost overseas

Financial benefits for whom? Oh for the telecom shareholders the 1500 Kiwi’s be damned. More than 1500 jobs are in doubt after Telecom announced it was looking at moving more of its call centre functions to the Philippines. That leaves just one customer service – 128 for faults – not undergoing trials in Manila. In an […]

Exxon CEO Had a $16.7 Million Year

I wonder how much shares John Key has in his portfolio, I would love to ask him, but like with many other questions I don’t think he will answer them don’t you? How much compensation befits the chief executive who delivered the most profitable year ever for a U.S. company? For the Exxon Mobil Corp. […]