NZ dollar holds near highest in almost 4 months vs Aussie as parity talk re-appears
By Rebecca Howard May 30 (BusinessDesk) - The New Zealand dollar traded near the highest levels in almost four months against the Australian dollar and is expected to keeping pushing higher given the impact of falling commodity prices across the Tasman coupled with New Zealand...
Auckland University gets share of $215M investment deal for commercialisation
By Rebecca Howard May 30 (BusinessDesk) - Auckland University's commercialisation company UniServices has inked a deal that could increase the number of companies spun out of the university’s research and development activities. Under the terms of the agreement, Auckland Un...
Summerset Group to sell $100m of six-year retail bonds
By Rebecca Howard May 30 (BusinessDesk) - Summerset Group announced a retail bond offer of $75 million with the ability to accept up to $25 million in over-subscriptions. The six-year fixed-rate bonds maturing July 11, 2023, have been offered to New Zealand institutional an...
Moa Group narrows its FY17 loss as revenue continues to lift
By Rebecca Howard May 30 (BusinessDesk) - Moa Group, the Marlborough-based brewer, reported a slightly narrower full year net loss as revenue lifted 26 percent and gross margin improved. The loss was $2.4 million in the 12 months ended March 31 versus a loss of $3 million ...
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