Business

Aurora Energy sees two-year impact from covid-19
Infrastructure

Aurora Energy sees two-year impact from covid-19

Otago power distributor Aurora Energy believes the covid-19 pandemic could defer demand growth on its networks by as much as two years.

Gavin Evans 15 Jun 2020
Pioneer Capital says Agility CIS has more acquisitions lined up
Services

Pioneer Capital says Agility CIS has more acquisitions lined up

Pioneer Capital said its Auckland-based Agility CIS investment is looking to add other bolt-ons after it snapped up US-based Znalytics and didn’t rule out an eventual public listing. Pioneer has a 35 percent stake in the 22-year old company that provides billing and customer i...

Rebecca Howard 15 Jun 2020
Services sector indicator bodes ill for labour market
Economy

Services sector indicator bodes ill for labour market

Activity in the country’s services sector – which accounts for about two-thirds of the economy – bounced back from the lockdown doldrums in May, but still points to a souring labour market.The Business NZ-Bank of New Zealand performance of services index rose 11.5 points to a sea...

Paul McBeth 15 Jun 2020
Gentrack executive chair resigns over health issues
Services

Gentrack executive chair resigns over health issues

Gentrack executive chairman John Clifford has resigned from the board due to personal health reasons. Clifford assumed leadership of the company in February, after chief executive Ian Black suddenly resigned days before the annual general meeting. The company had run into d...

Dan Brunskill 15 Jun 2020