Auckland developer Wilshire Group buys Springpark out of receivership
By Paul McBeth March 23 (BusinessDesk) - Auckland residential property developer Wilshire Group has bought the failed Springpark development in the suburb of Mt Wellington out of receivership for an undisclosed sum. The company's offer was accepted by receivers Richard Simp...
NZOG, Tag, Beach partnership to surrender offshore Kaheru permit
By Paul McBeth March 23 (BusinessDesk) - New Zealand Oil & Gas, Tag Oil and Beach Energy want to surrender their permit to explore the Kaheru permit off the Taranaki coast, saying the current conditions don't support drilling which has to start in May. The joint venture to...
Manuka honey products maker Oceania Natural next NXT listing
By Paul McBeth March 23 (BusinessDesk) - Food supplements maker Oceania Natural is set to become the third company to join NZX's NXT market in a compliance listing set for the end of the month valuing the firm at $15.9 million. Auckland-based Oceania Natural is expected to...
Tax info sharing agreements set to extend to spies
By Paul McBeth March 23 (BusinessDesk) - New Zealand's intelligence agencies would be able to access individuals' tax information if parliament backs the recent review carried out by Michael Cullen and Patsy Reddy. Among the recommendations in the review of the country's...
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