News in Brief
News in Brief
FMA halts misleading covid-19 ads
The Financial Markets Authority has forced the removal of two advertorials posted by a financial adviser suggesting people need health insurance to cover emergency covid-19 hospitalisation. The ads were posted on Chinese language social media platform WeChat. The regulator said...
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Duncan Coull to take up Ballance chair
Duncan Coull will takeover the mantle of Ballance Agri-Nutrients chair at this year’s annual meeting in September, replacing David Peakcocke who will step down after 15 years on the board. Coull is a dairy farmer in Otorohanga, and chaired the Fonterra Shareholders’ Council until...
Blis Tech appoints director
Probiotics manufacturer Blis Technologies has appointed Tony Balfour as an independent director effective from tomorrow. Balfour is a current director for The Warehouse and Les Mills International, and recently retired from Silver Fern Farms’ board after 10 years. He has a backgr...
Auckland council won't participate in airport equity raising
Auckland Council won’t participate in Auckland International Airport’s $1.2 billion equity raising. “No, we have a limit on what we can borrow, and we have a huge demand on capital investment and infrastructure,” Mayor Phil Goff told Radio New Zealand.According to Goff, it mean...
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