Internal scrap puts Wellington Combined Taxis into administration

Internal scrap puts Wellington Combined Taxis into administration
Wellington's oldest taxi company is continuing to trade. (Image: BusinessDesk)
Pattrick Smellie
Wellington Combined Taxis was placed in voluntary administration on Tuesday after its latest financial accounts described a “difficult year” that included public service layoffs and “civil servants working three days per week at home.”However, BDO administrator Iain Shephard said the move's cause, which has not affected day-to-day operations, is legal action launched in mid-2023 by “several shareholders”.This had caused “internal disruption and a large drain on cash”.While the three companies...

More Law & Regulation

Rise in liquidations compounded by IRD crackdown
Economy

Rise in liquidations compounded by IRD crackdown

The IRD filed two-thirds of creditor applications in the March quarter.

Employers behaving badly
Law & Regulation

Rachael Judge: Employers behaving badly

The consequences can be significant for employers.

ComCom clears Woolworths ready-meal deal
Retail

ComCom clears Woolworths ready-meal deal

The Commerce Commission granted clearance for Woolworths Group to acquire ready-meal manufacturer Beak & Johnston.Through facilities in New Zealand and Australia, Beak & Johnston (B&J) makes and supplies ready-to-eat meals under its brands to grocery retailers, wholesalers, and f...

Gregor Thompson 17 Apr 2025
ComCom pushes KiwiRail to compensate customers for cancelled ferry sailings
Law & Regulation

ComCom pushes KiwiRail to compensate customers for cancelled ferry sailings

More people whose travel plans are derailed by Interislander ferry cancellations will now be eligible for compensation.Interislander, which is owned by the state-owned enterprise KiwiRail, is loosening its approach towards compensating customers affected by mechanical breakdowns...

Staff reporters 17 Apr 2025