Liquidators appointed for Intueri Education Group
By Rebecca Howard Sept. 1 (BusinessDesk) - Liquidators have been appointed for Intueri Education Group after ACG Education, the private equity-owned education services provider, bought its assets. William Black and Conor McElhinney, partners of McGrathNicol, were appointed...
Kiwibank Banking Group's net profit hard hit by IT project impairment
By Rebecca Howard Sept. 1 (BusinessDesk) - Kiwibank Banking Group posted a 57 percent drop in full year net profit while its holding company, Kiwi Group Holdings, reported a 56 percent drop, due to the significant impact of an IT project impairment. Kiwibank's net profit...
UPDATE: Lobby groups appeal EPA decision on Trans-Tasman Resources
(Recasts lede, updates to add comment from Trans-Tasman Resources executive chairman in the second paragraph) By Rebecca Howard Aug. 31 (BusinessDesk) - Two lobby groups have lodged appeals against the Environmental Protection Authority's decision to grant Trans-Tasman Res...
NZ dollar slides further in Asia trading, could be more downside to come
By Rebecca Howard Aug. 31 (BusinessDesk) - The New Zealand dollar continued to slide after strong US data last night was coupled with weaker domestic business confidence and solid Australian business spending across the Tasman. The kiwi fell to 71.68 as at 5pm in Wellingto...
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