Tau fly monitoring continues as insect poses risk to $7bn horticulture industry
By Sophie Boot Jan. 25 (BusinessDesk) - The hunt for the tau fly continues in Auckland, with growers nervous about the potential impact on the $7 billion horticulture industry. The Ministry for Primary Industries began investigating after one male tau fly was found in a sur...
MARKET CLOSE: NZ shares rise as Asia picks up alongside oil prices; Sky TV, Fisher & Paykel, Trade Me gain
By Sophie Boot Jan. 22 (BusinessDesk) - New Zealand shares rose with markets across Asia picking up after a rebound in oil prices. Sky Network Television, Fisher & Paykel Healthcare and Trade Me Group gained. The S&P/NZX 50 index advanced 40.72 points, or 0.7 percent, to 61...
First NZ downgrades Summerset to 'neutral' as Auckland's housing market cools
By Sophie Boot Jan. 22 (BusinessDesk) - Summerset Group's Auckland-centred growth plan has seen the retirement village developer and operator's stock downgraded by First NZ Capital analysts, who say moderation in house price growth could limit the company's ability to outperfo...
Auckland's Queen Elizabeth Square re-zoned, paving way for Precinct purchase
By Sophie Boot Jan. 22 (BusinessDesk) - Auckland Council has approved the rezoning of the city's Queen Elizabeth Square, pushing forward its sale to Precinct Property Group. The Auckland-based property investor said the council publicly notified the approval of rezoning by ...
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