Record 35,000 submissions on Auckland budget
Auckland Council received 34,800 submissions during a three-week consultation on its emergency budget. That is the highest number of submissions received on a consultation since the city’s ‘super council’ was formed in 2010, eclipsing the 1,200 responses during the annual budget...
New index shows activity bounce in May
New Zealand’s economic activity in May was down 6.5 percent from a year earlier, according to a new composite index from Treasury, Stats NZ and the central bank. While activity was weak, it did bounce back from April, when it had fallen 19 percent from same month in 2019, the fir...
TIL shares jump as earnings outlook improves
TIL Logistics shares jumped almost 16 percent to 73 cents after the trucking company said annual earnings will beat the guidance it withdrew before covid-19 clouded up its outlook. The company expects to report earnings before interest, tax, depreciation and amortisation of betwe...
Evolve earnings meet guidance
Evolve Education Group met its full-year earnings guidance and noted a lift in operating earnings in the six months to March 31.The childcare provider reported underlying earnings before interest, tax, depreciation and amortisation of $8.2 million in the March year. That was down...
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