Chinese tourists discovering NZ's best-kept accommodation secret: motels

Chinese tourists discovering NZ's best-kept accommodation secret: motels

By Pattrick Smellie Feb. 16 (BusinessDesk) - A new breed of more independent Chinese tourists is helping drive an explosion in the number of international visitors staying in New Zealand motels. Traditionally, motels have attracted far less of the international tourist trad...

Pattrick Smellie 15 Feb 2017
Government backs fast-track Urban Development Authorities to ease growing pains

Government backs fast-track Urban Development Authorities to ease growing pains

By Pattrick Smellie Feb. 14 (BusinessDesk) - Locally controlled urban development authorities (UDAs) with compulsory land acquisition powers and fast-tracked resource consent processes are the latest weapon the government is preparing to fight the slow speed of new city housin...

Pattrick Smellie 14 Feb 2017
CORRECT: Higher dividends in prospect as Contact debt ratio falls

CORRECT: Higher dividends in prospect as Contact debt ratio falls

By Pattrick Smellie Feb. 13 (BusinessDesk) - (corrects first-half customer segment ebitdaf in 12th paragraph) By Pattrick Smellie Feb. 13 (BusinessDesk) - Contact Energy shareholders can expect an increase in annual dividend policy later in the current financial year as...

Pattrick Smellie 13 Feb 2017
Higher dividends in prospect as Contact Energy debt ratios fall

Higher dividends in prospect as Contact Energy debt ratios fall

By Pattrick Smellie Feb. 13 (BusinessDesk) - Contact Energy shareholders can expect an increase in annual dividend policy later in the current financial year as the electricity producer and retailer's debt levels fall to within its target ratio against operating earnings. C...

Pattrick Smellie 13 Feb 2017