NZ govt keeping in touch with digital transformation of workforce
By Paul McBeth Jan. 29 (BusinessDesk) - A global sea change in how digital technology is affecting the labour force has been picked up in New Zealand, according to global consultancy Accenture, whose latest report on the worldwide landscape shows firms are putting people at th...
Xero slows cash burn in December quarter as knuckle-down kicks in
By Paul McBeth Jan. 29 (BusinessDesk) - Xero slowed its quarterly cash burn in the final three months of 2015 as the cloud-based accounting software developer knuckles down on keeping a lid on spending. The Wellington-based company's operating cash outflow shrank to $6.5 mi...
Fliway says first half earnings beat prospectus forecast on cost management
By Paul McBeth Jan. 29 (BusinessDesk) - Fliway Group says first half earnings beat prospectus forecasts as the freight and logistics company contained costs in the face of falling revenue. Pro-forma net profit was between $3.3 million and $3.5 million in the six months end...
Infratil's NZ Bus to lose South Auckland contract
By Paul McBeth Jan. 29 (BusinessDesk) - Infratil's NZ Bus unit has missed out on a tender for South Auckland's public transport services, where it currently runs about 153 buses. Auckland Transport advised NZ Bus it wasn't selected as a preferred bidder for any of the agen...
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