Vital Healthcare buys private mental hospital in Sydney for A$30.3 mln
By Paul McBeth June 13 (BusinessDesk) - Vital Healthcare Property Trust has continued its acquisition spree with the purchase of a private mental hospital in Sydney for A$30.3 million. The Auckland-based property investor bought the 59-bed site called The Hills Clinic, whi...
Moana NZ boosts first-half profit 28% on Sealord earnings, iwi lobster joint venture
By Paul McBeth June 13 (BusinessDesk) - Moana New Zealand boosted first-half profit 28 percent, even as revenue shrank by about a quarter, as the iwi-owned fishing group reaped gains from its half-stake in Sealord Group and its lobster joint venture with Port Nicholson Fisheri...
Spark buys marketing automation firm Ubiquity Software for undisclosed sum
By Paul McBeth June 13 (BusinessDesk) - Spark New Zealand has bought Auckland-based marketing automation firm Ubiquity Software for an undisclosed sum, saying it will help beef up data analytics unit Qrious. Auckland-based Spark has signed a conditional agreement to buy Ub...
Choking back immigration would stall the economy, PM English says
By Paul McBeth June 12 (BusinessDesk) - Turning off the flow of new migrants would stall the economy which faces a shortage of skills to meet the growing infrastructure demands of a larger population says Prime Minister Bill English, who expects to amend the government's polic...
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