Rain is good for business at PGW

Staff reporters
Tue, 23 Feb 2021

PGG Wrightson bolstered operating earnings before interest, tax, depreciation and amortisation to $42.1 million for the six months to December 2020 on the strength of positive growing conditions, high farmgate prices and a buoyant real estate market.Net profits after tax came in at $18m from continuing operations for the rural services group, up 41% on the comparable period in 2019, motivating the declaration of an interim dividend of 12 cents a share to be paid to shareholders registered as at Mar 3. The retail and water division, which c...

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Rocket Lab close to deal with US acquisition company — report
Staff reporters | Mon, 01 Mar 2021

Deal to take company public would reportedly value the US-New Zealand start up at US$4.1 billion.

Change self-isolation payments - Eaqub
Victoria Young | Mon, 01 Mar 2021

Shamubeel Eaqub says leave support payments should be linked to income if we want people to stay home.

Markets Wake Up Call
Auckland locked down again; bond markets cool down
Staff reporters | Mon, 01 Mar 2021

The NZ dollar is down sharply this morning after a shift back to ‘haven’ currencies and a drop in global bond yields over the weekend.

ASX in NZ: Capitalising on our ‘liberty of distance’

The tyranny of distance had prepared New Zealand corporate leaders well for the pandemic. We were already adept at running global businesses from afar, and as the world locked down, our remoteness became somewhat moot and the rest of the world began operating almost as remotely as we had always done.

How consumers can give local businesses a boost

Why this holiday is different for New Zealand SMEs.