Business

Broad sweep of projects in green investment bank pipeline
Finance

Broad sweep of projects in green investment bank pipeline

New funding deals New Zealand Green Investment Finance is working up will show a variety of low-carbon benefits from a range of sectors, chief executive Craig Weise said. A $15 million credit line for Wellington-based CentrePort is the first of a number of deals the 14-month o...

Gavin Evans 19 Jun 2020
Pushpay lifts profit guidance
Services

Pushpay lifts profit guidance

Pushpay Holdings has lifted its guidance for annual operating profit by US$2 million, despite the turmoil affecting the economy of its key United States market. The company, which provides church management technology including donation facilitation, now expects earnings befor...

Jenny Ruth 18 Jun 2020
Govt may act on too many farm-forestry conversions
Primary Sector

Govt may act on too many farm-forestry conversions

If the amount of farmland being converted to forestry each year exceeds 40,000 hectares, the government would look to intervene, Minister of Agriculture Damien O’Connor told Parliament's primary production select committee today. Increased forestry is a key government policy,...

Dan Brunskill 18 Jun 2020
Fonterra CEO says no timeframe for decisions on capital structure
Primary Sector

Fonterra CEO says no timeframe for decisions on capital structure

Fonterra chief executive Miles Hurrell said no decisions have been made about the dairy cooperative’s capital structure and he does not have a timeframe for a review underway.  “There is a small team working on it now, internally. No decisions have been made, a number of optio...

Rebecca Howard 18 Jun 2020