Kate Jorgensen to join Chorus board
News in Brief

Kate Jorgensen to join Chorus board

Former Vodafone New Zealand chief financial officer Kate Jorgensen will join telco Chorus’ board in July as an independent director.Jorgensen has held senior leadership positions in the telecommunications, infrastructure and construction industries. She has also held CFO at KiwiR...

Staff reporters 30 Apr 2020
Has plunging business confidence found a floor?
News in Brief

Has plunging business confidence found a floor?

Weak business confidence may “have found a floor, albeit a damp, cold basement,” said ANZ New Zealand chief economist Sharon Zollner.The final reading for the April ANZ Business Outlook survey was, while dire, a slight improvement on the preliminary reading in early-April results...

Staff reporters 30 Apr 2020
Alliance beefs up processing capacity
News in Brief

Alliance beefs up processing capacity

Alliance Group is investing $4 million to lift its beef processing capacity in the South Island.The company will invest in its 18-month-old venison plant at Lorneville near Invercargill to enable the facility to also process cull cows during peak season.Chief executive David Surv...

Staff reporters 30 Apr 2020
Intense trading boosts NZX revenue
News in Brief

Intense trading boosts NZX revenue

High trading volumes and a fee increase has seen NZX Limited’s 2020 first quarter revenue rise 18 percent to $18.5 million from $15.7 million the year before.  This was led by a 45.9 percent increase in revenue from secondary markets, climbing $1.6 million to a total of $5.1 mill...

Staff reporters 30 Apr 2020