Intueri suspends dividends pending TEC review; 2015 earnings meet reduced guidance
By Paul McBeth Feb. 11 (BusinessDesk) - Intueri Education Group, the private training college under investigation by the Serious Fraud Office, has suspended dividends pending the review by the Tertiary Education Commission funding agency, and says 2015 earnings met its downgra...
Ports of Auckland buys Waikato land for new freight hub
By Paul McBeth Feb. 11 (BusinessDesk) - Ports of Auckland, the country's second-largest by volume, has agreed to buy a plot of land north of Hamilton to develop a freight hub, which it says will complete its network across the North Island. The council-owned port operator...
NZ dollar holds gains as positive yields attract increasingly nervous investors
By Paul McBeth Feb. 10 (BusinessDesk) - The New Zealand dollar held on to most of its gains in the local trading session as the country's positive yields attracted investors struggling to find actual returns, while they become increasingly nervous about the prospects for globa...
Housing NZ directors get 63% pay hike after boardroom shuffle
By Paul McBeth Feb. 10 (BusinessDesk) - Low pay was among the reasons for a rapid turnover in Housing New Zealand's boardroom in recent years, and the government's social housing agency has bumped up its fees by 63 percent after getting an exemption from the State Services Com...
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