2019 may be a better year for listings: NZX's Peterson

Jenny Ruth
Thu, 24 Jan 2019

By Jenny Ruth Jan. 24 (BusinessDesk) - The year ahead is shaping up to be more positive for potential new listings including initial public offerings, NZX chief executive Mark Peterson says. “2019 certainly looks better from where we sit than it has for a little while,” Peterson told BusinessDesk. “It’s one of those things where you never can tell until the listing occurs but we’re having more positive discussion than we’ve seen for a wee while.” New listings on NZX in 2018 numbered just two, neither of them IPOs – QEX Logistics’ co...
Primary Sector
$25m for Milford tunnel as Southland gets pre-election funding
Brent Melville | Thu, 16 Jul 2020

The Homer Tunnel, a transport lifeline into and out of Milford Sound, Fiordland, will receive a $25 million upgrade as part of a swathe of pre-election government investment into Southland that also i...

Economy
Cheaper petrol, accommodation through lockdown tames inflation
Paul McBeth | Thu, 16 Jul 2020

Cheaper petrol and accommodation slowed the annual pace of inflation through the covid-19 lockdown, more than offsetting price spikes in other consumer goods. The consumers price index shrank 0.5 p...

Retail
Delegat profits up 37%
Victoria Young | Thu, 16 Jul 2020

Wine maker Delegat Group's unaudited profit after tax for the year to June 30 rose 37 percent to $64.1 million, the company reported. The figure includes fair value movements in its vines and deriv...