News in Brief
News in Brief
Markets
Colonial Motors says uncertainty keyword heading into 2H
Colonial Motors, the listed motor vehicle distributor, said its first-half net profit was down 21% on the year and revenue slid 6.5%.The company said net profit attributable to shareholders was $14.3 million in the six months to Dec 31, 2022. Revenue from continuing operations wa...
Transport
Government extends road user charges reduction
The government has passed a law extending the RUC discount through to the end of June.
Finance
Westpac NZ ups its financial support for recent disasters
The bank initially made $1 million available following the disaster.
Markets
NZSA will vote proxies against Pushpay deal
NZSA has joined several professional fund managers in opposing the board-endorsed deal.
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