Two funds created by Labour had "ambiguous aims", Economic Development Minister Steven Joyce says.

Annual tourist spending in New Zealand is little changed as low-budget Australians fail to make up for a decline in Korean and Japanese arrivals.

Chorus and Orcon are disgruntled with a Commerce Commission price determination - for opposite reasons. And one outraged investor warns the move could put a chill down the spine of anyone looking to invest in a New Zealand infrastructure company.

Tourism businesses have lost the confidence they had during the Rugby World Cup, and are not as optimistic about the next three months as they were in the last two quarters.

Ministry yet to explain botched upgrade that took out 14 government websites.