TVNZ will need Crown support if revenue keeps shrinking, Treasury says
By Paul McBeth Nov. 10 (BusinessDesk) - The Treasury advised the previous administration to think deeply about its ownership of commercial broadcaster Television New Zealand, which will need a Crown lifeline if the collapse in advertising revenue continues. Officials put a...
ASX-listed Volpara Health narrows first-half loss as revenue climbs 41%
By Paul McBeth Nov. 10 (BusinessDesk) - Volpara Health Technologies, the Kiwi digital health firm listed on the ASX, narrowed its first-half loss as rising revenue put it on track to deliver faster sales growth through the remainder of the year. The Wellington-based compan...
Infratil lifts first-half profit 16% as strong Trustpower generation delivers earnings boost
By Paul McBeth Nov. 10 (BusinessDesk) - Infratil lifted first-half profit 16 percent as the infrastructure investor's earnings were buoyed by a strong result from electricity generator and retailer Trustpower. Net profit attributable to shareholders rose to $33.4 million,...
NZ dollar holds gains from RBNZ inflation outlook as US tax reform weighs on greenback
By Paul McBeth Nov. 10 (BusinessDesk) - The New Zealand dollar held yesterday's gains after the Reserve Bank raised its forecast for the country's inflation outlook and brought forward by one quarter the chance of a rate hike, while the greenback dipped on renewed uncertainty...
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