Business
Property
Back to the drawing board on commercial rent abatement legislation
It's back to the drawing board for the coalition government and those commercial tenants who would have qualified for rent abatement after the government’s commercial rent relief legislation was shelved this week. But the scuttling of the rent abatement bill - after coalition...
Infrastructure
Light rail process dead; NZ First claims another policy scalp
Transport Minister Phil Twyford has suffered another heavy political defeat, formally announcing that the Auckland light rail project is off the table until after the election.
Services
Aroa to raise A$30m of new money in IPO across the Tasman
Aroa Biosurgery will raise up to A$30 million in an initial public offering across the Tasman to repay debt and expand its sales and manufacturing capacity. The Auckland-based soft-tissue regeneration company's existing shareholders will also sell another A$15 million of stoc...
Infrastructure
Wholesale power rethink needed - Flick
All electricity retailers should be required to buy their supplies through the spot power market and hedge markets to level an unfair playing field, Flick Electric says. The current market structure, in which generators are able to sell directly to their retail arms under fixe...
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