ON THE MONEY: Fletcher, Stiassny, CBL and more
Opinion

Victoria Young: ON THE MONEY: Fletcher, Stiassny, CBL and more

Welcome to On the Money, BusinessDesk’s weekly column on money and the people making it. (Fletcher Building chief Ross Taylor pictured above)Fletcher boss in iso Poor Fletcher Building can’t shake the impact of covid-19. At the end of January it was the 10th largest on the NZX by...

Victoria Young 27 Jun 2020
Reserve Bank gets budget boost
Economy

Reserve Bank gets budget boost

The Reserve Bank has welcomed a significant funding boost that will see its budget increase from $80 million in 2019/20 to $111.7 million next year. Finance Minister Grant Robertson said the increase recognises that the number of full-time employees at the central bank will in...

Victoria Young 26 Jun 2020
What next in mega CBL legal pile-on
Finance

What next in mega CBL legal pile-on

The High Court has had its first combined hearing over several civil cases brought about following the collapse of CBL Corporation.

Victoria Young 26 Jun 2020
Zoono fights US$390k distributor claim
Law & Regulation

Zoono fights US$390k distributor claim

Hand sanitizer maker Zoono, the covid-19 success story with a market cap of AU$485.93 million, is fighting a US$390,000 claim against its former Chinese distributor. The Auckland company founded by Paul Hyslop has won an early bout in the case, initiated in 2019 by Shanghai-ba...

Victoria Young 24 Jun 2020