Business

Suspect company director died on eve of court case
Law & Regulation

Suspect company director died on eve of court case

Former Denton Morrell director Matthew Butterfield died the day before a court case alleging he misappropriated funds was to be heard, BusinessDesk can now reveal.

Victoria Young 13 May 2020
Govt ditches 5G auction, opts for direct allocations
Infrastructure

Govt ditches 5G auction, opts for direct allocations

The government has given up on a planned auction of radio spectrum to get 5G up and running as soon as possible, and will instead offer allocations to Spark New Zealand, Two Degrees Mobile and wholesaler Dense Air. The government had planned to auction the early access 3.5 gig...

Paul McBeth 12 May 2020
Spike in hair bookings but still some curly issues
Services

Spike in hair bookings but still some curly issues

A not unexpected surge in bookings across the country’s 5,000 salons and barbershops following trimmed back covid-19 restrictions has left some operators wondering if they’ve done enough to reopen this Thursday.Most of those businesses, accounting for about 20,000 workers deemed...

Brent Melville 12 May 2020
WEL, Waipa sell fibre business for $854M
Infrastructure

WEL, Waipa sell fibre business for $854M

WEL Networks has agreed to sell its stake in Ultrafast Fibre as part of a strategy to increase investment in its core electricity network and new energy options.

Gavin Evans 12 May 2020