Business
Policy
Southbase makes shareholder support public
By Jenny Ruth May 27 (BusinessDesk) - It’s no secret the construction industry is troubled, despite the ongoing boom. Building owners, often the government in one shape or form, have shifted more risk onto construction companies, turning already razor-thin profit margins into...
Services
UPDATE: Fisher & Paykel Healthcare tops $1 billion in FY revenue, upbeat about FY2020
(Adds detail throughout from conference call, updates share price in 8th paragraph, fixes guidance in 9th paragraph) By Rebecca Howard May 27 (BusinessDesk) - Fisher & Paykel Healthcare topped $1 billion in revenue, reported a record full-year net profit and expects furthe...
Services
Evolve awash with red ink on goodwill writedown
By Paul McBeth May 27 (BusinessDesk) - Evolve Education sank deeper into the red as it slashed the value of goodwill and has targeted a three-year turnaround backed by its recent capital raise The early education provider reported a loss of $101.6 million in the 12 months...
Infrastructure
Air NZ commits around $2B to buy eight new Boeing Dreamliner 10-series planes
By Pattrick Smellie May 27 (BusinessDesk) - Air New Zealand is committing to buy eight new Boeing Dreamliner 787-10 long haul jets, with options on 12 more, and plans to have the first of the new planes in service by late 2022. The national carrier did not disclose the pric...
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