Steel & Tube blames recessionary economy for $24.4m loss
Subscribe to BusinessDesk
Stay informed on business, government and financial developments across New Zealand.
- Deeply researched, twice-edited and fact-checked news
- Annual subscribers also receive a complimentary subscription to The Wall Street Journal
- Personalised email news alerts, plus gift up to 5 stories a month to non-subscribers
You can cancel anytime with two clicks, an email or a phone call.
Find out more.
We are serious about journalism.
Already a Subscriber ? Sign in here.
All subscriptions auto renew but are easy to cancel.
Total Price Including Tax: {{ priceWithTax(selectedPlan) | currency }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerSeat ? '/ '+ spark.seatName : '' }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerTeam ? '/ '+ __('teams.team') : '' }} / {{ __(selectedPlan.interval) | capitalize }}
Not convinced yet?
Subscribe to our free 7am Headlines newsletter.
A quick summary of everything BusinessDesk has published in the previous 24 hours. No BusinessDesk
subscription needed.
NZ sharemarket up 0.3% despite business confidence drop
The S&P/NZX 50 Index closed at 13,531.29, up 42.05 points or 0.31%.
Geopolitics could put squeeze on NZ’s nuclear fusion hopes
US company MetOx ramps up production to overcome a technology bottleneck.
RBNZ creates new committee to rule over financial stability
The new committee will include board members and two externals.
In a complex world, Kiwi investors can take comfort in mega forces
Enduring international forces bring clarity to uncertain times.
