Retentions law reform in sight as Stanley-Tallwood liquidator plans director deal
The liquidator for Stanley Group, Tallwood Holdings and associated companies wants to cut a deal with its directors and get them to pay subbies to make up for the lack of retentions held. And as he does so, the building and construction minster Jenny Salesa says she will soon...
NZ to go Dutch to battle climate change
Dutch and Kiwi farmers must innovate together, the Prime Minister of the Netherlands Mark Rutte said, announcing a joint cooperation statement on climate change with New Zealand today. Today’s cooperation statement reiterates the commitments both countries have towards climat...
Shares in AFT Pharma gain on cannabis deal
Shares in AFT Pharmaceuticals have risen on the news it has signed a memorandum of understanding to work with medicinal cannabis company SETEK. The NZX-listed company's shares were up 3.38 percent to $3.06 in morning trading after the deal was announced. Taupo-based SETEK...
CORRECT: Fletcher sued for $7.5m over Chch justice precinct
(Removes incorrect project losses in 2nd paragraph)Fletcher Building is being sued for $7.5 million by utilities contractor Electrix, one of the subcontractors on the Christchurch Justice and Emergency Services Precinct. The project was one of several that contributed to $1 billi...
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