Wine industry lobbyists are of the suggestion that people who are trying to look for a big boost in excise duty, in order to help regulate alcohol consumption might in real hurt the wider financial system.

A tiny fraction of increase in fuel prices because of the introduction of the Emissions Trading Scheme will not be sufficient to restrain motorists' fuel use, the AA says.

Fuel prices were stable for most of June, apart from a tiny increase at the end of the month, as the strong New Zealand dollar counterbalanced the rising international crude oil rates, AA said in its monthly report.

Hoyts is under the process of planning to develop cinema venues that will be equipped with fully digital 3D screens, auditorium seating, and gourmet food and beverage facilities.

The foremost project, for which Hoyts is unifying with Tainui, is because of open at Te Rapa in Hamilton in 2011.

Three of the nation's major banks have been able to follow Kiwibank's lead in plummeting two-year home loan rates.

Kiwibank's lead in slashing two-year fixed home loan rate has been coordinated by three of the chief banks.

Westpac, National and ANZ have all lessened their two-year rates, by no less than 20 basis points to 7% or just lower than that.

Speaking about the new mining tax, Fortescue Metals' CEO Andrew Forrest said that Julia Gillard's mining tax has, managed to sketch only a "reasonable framework" for further discussions.

After a robbery, man was drenched in petrol somehow managed to save his life after his hotel was burned to ashes this morning.

The fire was controlled after fire appliances from Bay of Plenty were called to Kawerau at 3 a. m., but not much could be saved and the 70-metre long Pinelands Motor Hotel was inflated to ground.