Business
Primary Sector
Rural Equities sells PGG Wrightson stake; Cushing still in
Rural Equities has sold its PGG Wrightson stake at a 15.5 percent premium to what it paid in August. However, the farming manager’s executive chair David Cushing, who’s also a PGW director, has kept his 2.7 percent stake in the rural services firm through his family’s H&G vehi...
Retail
Michael Hill regears for post-covid trading
Jewellery chain Michael Hill International says it has the balance sheet to trade through the covid–19 crisis and emerge with a new digital focus, although the closing of all stores has forced a considerable slimming down of the business. Trading in all stores was temporarily ...
Law & Regulation
ACC to delay $900m of levy invoices to ease cashflow burden
Accident Compensation Corp will put off sending out $900 million of invoices to firms and sole traders for three months to help tide them through the cashflow crunch caused by the covid-19 crisis.The state-owned workplace insurer said invoices for the 2021 financial year that are...
Law & Regulation
Bell Gully, BDO, Baker Tilly take up wage subsidies
Big-six law firm Bell Gully has joined the group of professional services firms getting government handouts, as smaller accounting practices BDO and Baker Tilly Staples Rodway have also taken the funds. Last week BusinessDesk reported on how big law firms including MinterEllisonR...
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