News in Brief
News in Brief
News in Brief
Commerce Commission warns Kmart over misleading cotton claims
The Commerce Commission has warned Kmart NZ Holdings about potential breaches of the Fair Trading Act and unsubstantiated claims in its advertising of "100% sustainably sourced cotton." The commission's competition, fair trading, and credit general manager, Vanessa Horne, exp...
News in Brief
SkyCity told off over Adelaide casino
SkyCity Adelaide historically put profit ahead of compliance, according to an independent report’s findings out Tuesday, although significant changes have since been made.Retired Australian Supreme Court Judge Brian Martin, AO, KC, found past failures and ongoing issues at the bu...
News in Brief
Chris Seed named New Zealand's US ambassador
Chris Seed has been appointed as New Zealand's next ambassador to the United States.“New Zealand’s strategic partnership with the United States is one of our most important and long-standing relationships,” said Foreign Minister Winston Peters.“It is therefore essential that...
News in Brief
Santana Minerals announces A$63 million capital raise
Dual-listed Australian gold miner Santana Minerals has announced an A$63 million ($69m) capital raise, including a fully underwritten placement for gross proceeds of A$60 million.The placement includes 103.4 million new fully paid ordinary shares at A$0.58 per share.It is a 7.9%...
