Resurgent Chinese visitors offset lethargic tourism sector

Resurgent Chinese visitors offset lethargic tourism sector

By Andrew Bevin May 24 (BusinessDesk) -A resurgence of Chinese visitors is a highlight for the domestic tourism sector, which economists say may be in a lull after a last year’s spike during the British and Irish Lions tour. Government figures this week showed the number of...

Paul McBeth 24 May 2018
NZ Super Fund on track to hire new CEO in June as board lobbies to keep control of pay

NZ Super Fund on track to hire new CEO in June as board lobbies to keep control of pay

By Paul McBeth May 24 (BusinessDesk) - The Guardians of New Zealand Superannuation are on track to appoint a new chief executive next month, as the board lobbies to keep control of setting the top manager's pay packet.  The manager of the New Zealand Superannuation Fund has...

Paul McBeth 23 May 2018
Argosy says time to sell with market near peak as FY earnings edge higher on flat rents

Argosy says time to sell with market near peak as FY earnings edge higher on flat rents

By Paul McBeth May 23 (BusinessDesk) - Argosy Property lifted annual earnings 2.1 percent on flat rental income and said it will cut its retail exposure over the next 18 months, with real estate selling at "attractive prices" and the market near a cyclical peak.  Distributa...

Paul McBeth 23 May 2018
SLI Systems delays start for self-service model, still on track for profit

SLI Systems delays start for self-service model, still on track for profit

By Andrew Bevin May 23 (BusinessDesk) - SLI Systems has delayed the start of a cheaper self-service model, although the e-commerce software developer’s cost-cutting measures to prepare for that strategy is likely to ensure it achieves a profit this year. The Christchurch-ba...

Paul McBeth 22 May 2018