NZ beef exporters recover lost market share in Japan as CPTPP kicks in
By Pattrick Smellie May 27 (BusinessDesk) - Beef and sheepmeat exporter ANZCO says sales in the Japanese frozen beef trade are recovering, thanks to tariff reductions for New Zealand produce under the Comprehensive and Progressive Trans-Pacific Partnership that allows local pr...
Bridges claims huge Budget details leak: Treasury investigating
By Pattrick Smellie May 28 (BusinessDesk) - The Treasury is investigating the leak of spending decisions relating to 18 of the government's 40 departments and agencies in what appears to be the largest breach of Budget secrecy since the entire Budget was leaked in 1986. Com...
Retirement home operator Arvida reports strong FY19 earnings lift
By Pattrick Smellie May 28 (BusinessDesk) - Arvida Group is reporting a 17 percent increase in underlying profit after tax of $38.6 million for the year to March 31, citing new retirement villages acquired in previous years and higher resales of vacated units at higher margins...
Air NZ to tweak 'cattle class', use machine-learning to target individualised fares
By Pattrick Smellie May 27 (BusinessDesk) - Air New Zealand is planning what amounts to a fourth choice of seat on its long haul flights, which will fit between the traditional economy seat and its Premium Economy product. While it doesn't yet have a name - Economy-Comfort...
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