Wynyard chief executive Craig Richardson has shrugged off the
company's loss in the year ending December in light of the
other data released in the period.
New Zealand residents with foreign retirement savings have
been granted extra time to transfer them to New Zealand
schemes to avoid hefty tax bills.
Telecom is changing its name to Spark and later this year
will launch ShowmeTV, a new internet television business, the
company announced yesterday.
Telecom's profit announcement yesterday was a good reality
check for the company with pressures from the legacy business
continuing to drag on it, Craigs Investment Partners broker
Chris Timms said.
The pressure is mounting on Finance Minister Bill English to
meet his deadline of returning the government accounts to
surplus in the 2014-15 financial year.
Dunedin-based technology company ADInstruments has joined a
new tuition fund to train software developers and help
address the critical shortage of IT talent in New Zealand.
Auckland International Airport has lifted its full-year
profit forecast while delivering an improved result for the
six months ended December.
Skellerup Holdings had made a positive start to the financial
year as it drove earnings growth across both operating
divisions, chief executive David Mair said yesterday.
Port of Tauranga increased its interim dividend by 5% to 21
cents per share after reporting an operating profit of $66.7
million for the six months ended December, up 11% on the
previous corresponding period.
Meridian Energy delivered some more bad news for the
prospective Labour-Green government when it yesterday
delivered its first report since listing last year on the
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