News in Brief
Immigration NZ brings visa processing onshore
More than 300 INZ staff members are impacted at offices outside of New Zealand.
Services
Sky TV profit more than triples
And the company revealed it will receive $14m for its OSB division.
Property
Free
First-home buyers still keen, investors not so much
First-home buyers are still trying to get onto the property ladder but investors appear to have been put off by new loan-to-valuation ratio restrictions.
Infrastructure
Mercury trims forecast, warns of further Turitea delays
Electricity company slices $15 million from full-year earnings guidance.