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The latest from Senior journalist Brent Melville

Brent is a senior reporter in the Auckland newsroom. He previously worked for the Otago Daily Times, after a return to business journalism in 2018. Brent had an extensive career in corporate communications and strategic consulting, including for a range of public listed companies. You can follow him on Twitter @BrentMelville or connect with him on LinkedIn here.

How stalled is campervan tourism?
Brent Melville | Mon, 04 May 2020

Recreational vehicles – aka as campervans – are big business in New Zealand, with as many as 20,000 trundling along the roads during high season.

Cannasouth raises $6m, signs deal for 'white label' cannabis
Brent Melville | Mon, 04 May 2020

Cannasouth has raised $6 million from its share purchase plan to accelerate its growth plans, including a new supply deal for 'white label' cannabis.  The biopharmaceutical research and development company sold 15.8 million shares 38 cents apiece, a 20.7 percent discount to th...

Ability to pivot is key – Icehouse
Brent Melville | Fri, 01 May 2020

The ability to adapt into new business streams will be critical for the success of small and medium businesses in the “new normal,” Icehouse chief executive Gavin Lennox says. Lennox, marking his 90th day since taking over the reins of the country's largest business incubator...

Covid-19 economic impact creates 'new vulnerable' - Gluckman
Brent Melville | Thu, 30 Apr 2020

Former chief science advisor to the prime minister, Peter Gluckman, says New Zealand could see a huge increase in mental health issues in the wake of the covid-19 pandemic. Appearing before the epidemic response committee this morning, Gluckman said New Zealand was “not yet at th...

Mortgage lending showing signs of the sniffles
Brent Melville | Thu, 30 Apr 2020

On the face of it, the Reserve Bank’s latest mortgage lending numbers of $6.2 billion for March can be taken as a measure of decent health, up about $410 million year-on-year. The lending numbers are relatively subdued however, in the context of the overheated property market...

OceanaGold resumes digging in New Zealand
Brent Melville | Tue, 28 Apr 2020

OceanaGold has resumed mining and exploration activities at both its Macraes and Waihi gold mines. The gold miner also reaffirmed its production guidance for 2020, saying it expects to produce between 360,000 and 380,000 ounces of gold this year at an estimated all-in-sustaini...

Investore strides ahead on its retail ambitions
Brent Melville | Tue, 28 Apr 2020

Listed retail property owner Investore has reported a marginal improvement in the value of its property portfolio to $761.4 million to 31 March 2020, in spite of uncertainty over covid-19. In an update today, it confirmed the $140.75 million purchase of three retail properties...

Use local food story to sell NZ to the world, MPs told
Brent Melville | Thu, 23 Apr 2020

New Zealand’s success in managing the covid-19 crisis has presented an opportunity for the country to “own the narrative” surrounding trusted food, said KPMG NZ head of agribusiness Ian Proudfoot.  Speaking to the epidemic response committee today, Proudfoot said he would like...

HVDC outages impact Meridian
Brent Melville | Mon, 20 Apr 2020

Meridian Energy's March operating earnings were down about 24 percent from a year earlier as upgrade work on the Cook Strait cable restricted electricity transmission to the North Island and covid-19 cut commercial and industrial demand at the end of last month.Forsyth Barr e...

Scott Tech shares rebound ahead of update
Brent Melville | Mon, 20 Apr 2020

Scott Technology shares continued their resurgence on Friday, closing up 3.5 percent at $1.76 as shareholders wait for an imminent update on operations and earnings guidance.The movement reflects a sharp uplift since the global robotics company shares bottomed at 86 cents on Marc...


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