The Warehouse Group director, Tony Balfour, will stand down after 12 years on the retailer's board.In a statement to the New Zealand Exchange (NZX) on Tuesday, the company said Balfour would not seek reelection at its annual shareholders' meeting in November.His departure...
Silver Fern Farms Co-operative has taken a 12.5% share in WoolWorks.The Napier-based company is the country’s largest wool scourer by volume in the world and provides commissioned wool scour services to wool growers, manufacturers and exporters.It handles roughly 80%, or more tha...
Te Rūnanga o Ngāi Tahu interim chief executive Ben Bateman will step into the role in a permanent capacity. Bateman, who has been acting CEO since Arihia Bennett stepped down seven months ago, has been appointed for a three-year term. Bateman has held various roles for the iwi. S...
The spending downturn has been 'arrested', says Westpac Economist Satish Ranchhod.