Airways gives airlines a break with cheaper prices, small operators face price hike
By Paul McBeth May 27 (BusinessDesk) - Airways Corp, the government-owned entity in charge of air traffic control, will give airlines a break with cheaper prices, while hiking them for smaller operators. From July, the Wellington-based state-owned enterprise will cut its ai...
Trilogy more than doubles annual profit on soaring sales, CS purchase
By Paul McBeth May 27 (BusinessDesk) - Trilogy International, which yesterday said it bought a stake in a Chilean rosehip producer, more than doubled annual profit as sales of its skincare and home fragrance products soared and it benefited from the acquisition of cosmetics an...
BUDGET 2016: NZDMO trims $8 bln from bond programme
By Paul McBeth May 26 (BusinessDesk) - The New Zealand Debt Management Office will cut $8 billion from its issuance programme through to 2020 as the government looks set to reduce debt. The office is slicing $2 billion from each of the next four years, due to a “lower fundi...
BUGDET 2016: Flavell gets $17.8 mln to get Maori land reform up and running
By Paul McBeth May 26 (BusinessDesk) - Maori Development Minister Te Ururoa Flavell has secured $17.8 million to get a new Maori land service up and running, and provide more assistance for property owners as part of his efforts to overhaul legislation governing Maori land....
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