Business

Briscoe says prudent not to participate in Kathmandu equity raising
Retail

Briscoe says prudent not to participate in Kathmandu equity raising

Briscoe Group managing director Rod Duke said his decision not to participate in a $207 million equity raising by associate Kathmandu Holdings is prudent.The homeware and sports goods retailer owns about 14.5 percent of Kathmandu, an outdoor goods and apparel retailer with almost...

Rebecca Howard 01 Apr 2020
Innovation needed to speed infrastructure build - Binns
Infrastructure

Innovation needed to speed infrastructure build - Binns

Construction firms and asset owners are going to have to get creative if the country is to maintain a pipeline of work to help it navigate the economy through the post-covid-19 recession, Crown Infrastructure Partners chair Mark Binns says.There is no shortage of potential projec...

Gavin Evans 01 Apr 2020
BusinessNZ, lawyers tell govt: relax insolvency law
Finance

BusinessNZ, lawyers tell govt: relax insolvency law

While at least some of the major banks have said they will judge the solvency of companies wanting to borrow on their pre-coronavirus crisis financial position, lawyers are saying the government still has to relax insolvency law to ease the liability directors face.Other countrie...

Jenny Ruth 01 Apr 2020
Covid-19 elimination plan lacks clear targets: Otago professor
Policy

Covid-19 elimination plan lacks clear targets: Otago professor

The government needs to adopt clear targets and timelines for eliminating the spread of covid-19, epidemiologist David Skegg has told MPs in the first public hearings of a new parliamentary select committee with oversight powers on the national state of emergency.Speaking to the...

Paul McBeth 31 Mar 2020