Western Saharan phosphate 'critical' to covid recovery - Ravensdown
Primary Sector

Western Saharan phosphate 'critical' to covid recovery - Ravensdown

Fertiliser cooperative Ravensdown says it should be “congratulated not castigated” for keeping the lines of supply open for critical phosphate rock into New Zealand during the covid-19 global crisis. The farmer cooperative, which together with Ballance Agri-Nutrients, forms a...

Brent Melville 25 Jun 2020
Back to the drawing board on commercial rent abatement legislation
Property

Back to the drawing board on commercial rent abatement legislation

It's back to the drawing board for the coalition government and those commercial tenants who would have qualified for rent abatement after the government’s commercial rent relief legislation was shelved this week. But the scuttling of the rent abatement bill - after coalition...

Brent Melville 24 Jun 2020
Dunedin's CODE goes live for those who are game
Services

Dunedin's CODE goes live for those who are game

Dunedin's Centre of Digital Excellence, launched eight months ago with the injection of $10 million in seed capital from government's provincial growth fund, is fast tracking its funding process and made its first funding tranche of $700,000 available yesterday. Tim Ponting, o...

Brent Melville 24 Jun 2020
Bad debt provisions dent MTF earnings
Finance

Bad debt provisions dent MTF earnings

MTF Finance's first-half profit fell by more than a third as it lifted provisions for increased bad debt on the back of the covid-19 crisis, although the worst may be still to come.  Decelerating vehicle financing numbers during the New Zealand lockdown saw sales drop by 90 pe...

Brent Melville 23 Jun 2020