Fairfax's NZ unit posts 12% fall in earnings as print ad sales decline
By Paul McBeth Feb. 19 (BusinessDesk) - Fairfax Media's New Zealand division posted a 12 percent drop in first-half earnings as the publisher of stuff.co.nz and the Dominion Post, Press and Sunday-Star Times newspapers said gains in its online revenue didn't offset the ongoing...
NZ govt's 6-month deficit wider than expected, income tax-take shows signs of improving
By Paul McBeth Feb. 19 (BusinessDesk) - The New Zealand government's operating deficit was wider than anticipated at the half-year mark as some financial instruments didn't deliver the expected revenue, though income tax showed signs of rising with an improving labour market. ...
UPDATE: Chorus resumes dividends after ComCom ruling, 1H profit drops 48%
(Adds detail) By Paul McBeth Feb. 19 (BusinessDesk) - Chorus will start paying dividends again after the Commerce Commission's decision to let the telecommunications network operator charge its customers more for access to its copper lines, easing some of the regulatory bur...
FIRST CUT: Auckland Airport lifts first-half profit as booming tourism drives passenger numbers
By Fiona Rotherham Feb. 19 (BusinessDesk) - Auckland International Airport, the country’s largest airport, has reported a 25 percent lift in first-half profit due to increasing passenger numbers from a rise in tourism, as it plans to spend up to $260 million this financial yea...
Prev
