Tax incentives for R&D could shape up to be an election issue
By Rebecca Howard April 6 (BusinessDesk) - Tax incentives have a "positive and significant" impact on research and development spending, according to an International Monetary Fund working paper published this week, but remain contentious in New Zealand with the ruling Nationa...
Scott Technologies in a 'sweet spot' says CEO Hopkins
By Rebecca Howard April 6 (BusinessDesk) - Scott Technologies posted a 48 percent jump in first-half profit and chief executive Chris Hopkins says a global drive for increased automation means the industrial robotics firm is in a "sweet spot". Net profit was $2.89 million...
Zespri reports strong interest in bidding round for Gold3 licenses
By Rebecca Howard April 5 (BusinessDesk) - Zespri International reported strong interest in a bidding round for 400 hectares of new Gold3 or SunGold variety kiwifruit licences and said its shares will resume trading on Friday. The kiwifruit marketer said it received 938 bid...
MARKET CLOSE: NZ shares rise as investors hunt for yield, caution keeps lid on volumes
By Rebecca Howard April 4 (BusinessDesk) - New Zealand stocks were led higher by Meridian Energy as companies with high dividends remained in favour, although trading was light as a dearth of domestic and international drivers kept many investors on the sidelines. The S&P/N...
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