Business
Retail
Briscoe Group reports lift in 1H sales despite headwinds
By Rebecca Howard Aug. 5 (BusinessDesk) - Briscoe Group continues to shrug off headwinds in the retail sector, reporting a lift in first half sales but noted net profit would be hit by a $1.2 million adjustment as a result of the way leases are treated in the new accounting st...
Finance
Banks, insurers' complacency 'hard to comprehend' - FMA
By Pattrick Smellie Aug. 2 (BusinessDesk) - The complacency of the New Zealand banking and life insurance sectors in the face of the Australian inquiry into financial services misconduct was "frustrating" and "difficult to comprehend," the chief executive of the Financial Mark...
Law & Regulation
Huka lodge sale next act in van Heeren-Kidd dispute
By Victoria Young Aug. 2 (BusinessDesk) - The Court of Appeal has appointed receivers to enable the sale of Taupo's exclusive Huka Lodge so that it can be sold as part of a dispute between two businessmen. The appeal court said there are no funding or management issues at...
Infrastructure
Vodafone to execute 100% NZ-centric strategy
By Rebecca Howard Aug. 2 (BusinessDesk) - Vodafone New Zealand says its new ownership means it can execute a New Zealand-centric strategy while retaining a close relationship with the global Vodafone Group. “I think we have created the best of both worlds,” chief executive...
Prev
