Future Mobility Solutions lifts annual profit 24%
By Rebecca Howard May 26 (BusinessDesk) - Future Mobility Solutions posted a 24 percent gain in annual profit and said plans to seek a listing on an overseas market are now well advanced. The Auckland-based company lifted net profit to $627,823 in the year ended March 31, f...
EMBARGOED: BUDGET 2017: Govt ups spending on science and innovation
By Rebecca Howard May 25 (BusinessDesk) - (BusinessDesk) – Finance Minister Steven Joyce announced a $373 million increase in spending for science and innovation in a bid to help diversify the economy support more jobs and higher wages. “It’s all about adding more value to...
BUDGET 2017: NZDMO lifts debt issuance by $1 billion over forecast period
By Rebecca Howard May 25 (BusinessDesk) - (BusinessDesk) – The New Zealand Debt Management office lifted its issuance programme by $1 billion through June 2021 compared to prior forecasts in its half year economic and fiscal update and said it plans to launch a new April...
BUDGET 2017: NZ economic growth seen peaking at 3.8% in 2019
By Rebecca Howard May 25 (BusinessDesk) - (BusinessDesk) – New Zealand’s economic growth is tipped to peak in 2019, boosted by ongoing population growth, investment, and a new family incomes package announced in Finance Minister Steven Joyce’s maiden budget. Growth, however,...