Argosy lifts first-half earnings 6.2% as scarce Auckland office space drives rental growth
By Paul McBeth Nov. 16 (BusinessDesk) - Argosy Property, the investment group that has added industrial properties to its office and retail sites, lifted first-half earnings 6.2 percent as a lack of space in Auckland's office market drove growth in the company's rental income....
NZ dollar heads for 0.4% rise this week as traders weigh up interest rate outlook
By Paul McBeth Nov. 13 (BusinessDesk) - The New Zealand dollar is heading for a 0.4 percent gain this week as traders weigh up the prospect of lower domestic interest rates against the growing likelihood of higher rates in the US. The kiwi traded at 65.42 US cents at 5pm in...
Wynyard signs 3-year counter-terrorism contract worth $4.5 million
By Paul McBeth Nov. 13 (BusinessDesk) - Wynyard Group, the security software developer, has signed a three-year contract worth $4.5 million with a national security agency it didn't name to use its software for counter-terrorism and protect high value assets. The Auckland-b...
Wild Pair calls in receivers as it looks to trade through administration
By Paul McBeth Nov. 12 (BusinessDesk) - Wild Pair has appointed receivers, but will continue to trade as the administrators seek buyers for the women's apparel and footwear chain. Andrew Grenfell and William Black of McGrathNicol were today appointed receivers and managers...
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