Toll Group sinks into the red on rising costs under shadow of Kaikoura quake
By Rebecca Howard Sept. 6 (BusinessDesk) - Toll Group NZ sank into the red on a rising cost line, joining other transport and logistics firms facing the squeeze when last year's Kaikoura earthquake disrupted supply routes. The freight forwarding company, whose parent Toll...
NZ dollar falls against Aussie on Australian data, North Korea jitters
By Rebecca Howard Sept. 5 (BusinessDesk) - The New Zealand dollar fell in a see-saw day against the Aussie after Australian trade data, a central bank statement and ongoing jitters about North Korea's military ambitions. The kiwi was trading at 90.01 Australian cents as at...
Delegat Group names John Freeman as incoming managing director
By Rebecca Howard Sept. 5 (BusinessDesk) - Delegat Group, New Zealand's largest listed winemaker, has named John Freeman as its next managing director. Freeman will act as managing director designate from Nov. 1 and will commence as managing director in July 2018, Delegat s...
NZ commodity prices fall further in August says ANZ
By Rebecca Howard Sept. 5 (BusinessDesk) - New Zealand commodity prices fell further in August as meat prices dropped and dairy prices largely traded sideways. The ANZ Commodity Price index slipped to 293.2 from 295.7 in July, down 0.8 percent on the month but up 16.3 perc...
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