Auckland Council ratings re-affirmed, with a warning on debt
Economy

Auckland Council ratings re-affirmed, with a warning on debt

S&P Global has affirmed Auckland Council's 'AA' credit rating on the strength of the local body's financial management policies, although the rating agency says the city's budgetary performance and debt profile could temper its credit strengths.Analysts Rebecc...

Staff reporters 01 Oct 2020
BusinessDesk dials up tech offering with new section
Self promotion Free

BusinessDesk dials up tech offering with new section

BusinessDesk is expanding its content offer with the launch of a new business technology section edited by former IDG UK journalist Henry Burrell.  Technology and startups will be a core component of BusinessDesk coverage going forward and Burrell will be joined by regular tech c...

Staff reporters 01 Oct 2020
Airways NZ posts $31.3m loss
Infrastructure

Airways NZ posts $31.3m loss

Airways New Zealand said it made a $31.3 million net loss for the year ended June because of the dramatic impact of the coronavirus on air traffic, the company's core source of revenue.Revenue fell 8.7 percent to $209.4 million with $178.5 million of that coming from air traf...

Staff reporters 30 Sep 2020
Sky TV mulls South African decision to leave Super Rugby
News in Brief

Sky TV mulls South African decision to leave Super Rugby

Sky Network Television said it notes media reports the South African Rugby Union has decided to withdraw from the South African, New Zealand and Australian Rugby competition and said it has yet to fully discuss the implications with New Zealand Rugby and its SANZAAR partners."Sky...

Staff reporters 30 Sep 2020