Vital Healthcare lifts 2018 earnings as expansion continues
By Sophie Boot Aug. 9 (BusinessDesk) - Vital Healthcare Property Trust saw adjusted earnings grow in 2018 as it continued to invest and expand throughout New Zealand and Australia. The listed hospital owner and developer's adjusted funds from operations - the preferred meas...
MARKET CLOSE: NZ shares drop as Pushpay weakens further while Skycity gains on earnings
By Sophie Boot Aug. 8 (BusinessDesk) - New Zealand shares fell, led lower by Pushpay Holdings' continued weakness, while Skycity Entertainment Group gained on its strong annual results. The S&P/NZX50 Index dipped 3.64 points, or 0.04 percent, to 8,872.09. Within the index,...
Govt to reduce post-study work rights in stages for sub-degree courses
By Sophie Boot Aug. 8 (BusinessDesk) - The government will cut post-study work rights for international students, in an attempt to attract people studying higher-quality courses with skills the country needs. The changes will see the employer-assisted post-study work visa r...
Union praises ANZ's bonus changes, pushes other banks to do the same
By Sophie Boot Aug. 8 (BusinessDesk) - First Union, which represents 1,000 ANZ Bank New Zealand staff, says the bank's move to cut frontline retail sales incentives is a "major move in the right direction", though changes from other banks may be some time away. This morning...
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