NZME, Fairfax NZ get another month to convince regulator on merger
By Paul McBeth March 10 (BusinessDesk) - NZME and Fairfax New Zealand have got another month to convince the Commerce Commission that allowing a merger of the country's two dominant news publishers is in the public interest. The regulator today said it had agreed with the...
NZ dollar falls vs euro as ECB notes improving outlook; US rate hike seen coming
By Paul McBeth March 10 (BusinessDesk) - The New Zealand dollar fell against the euro after the European Central Bank acknowledged the improving economic outlook in the single market region, and dropped below 69 US cents for the first time since January on the expectation of a...
Wynyard managers squeezes just $2.8 mln in pre-liquidation asset sales
By Paul McBeth March 9 (BusinessDesk) - The voluntary administrators for Wynyard Group raised just $2.8 million from selling the failed crime investigation software developer's assets in the lead-up to its liquidation last month. A report by voluntary administrators Neale...
Latest school PPP contract will include a repeat clause
By Paul McBeth March 8 (BusinessDesk) - The government's latest public-private partnership contract to build six schools will include a clause putting the winning consortium at the front of a queue to repeat the package when the next bundle of buildings comes to market. Ed...
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