News in Brief

News in Brief
Metlifecare's property values rise further
Infrastructure

Metlifecare's property values rise further

Metlifecare's results were boosted by its February 2022 purchase of the six Selwyn Foundation retirement villages and it also bought two Christchurch villages in November last year.

Staff reporters 22 Feb 2023
Vital reduces loss, reaffirms guidance
Markets

Vital reduces loss, reaffirms guidance

Communications company Vital Limited has reported a $190,000 net loss for the first half of the 2023 financial year. In the same period last year, Vital recorded an $800,000 loss. The result of Vital's first half year under new chief executive Jason Bull includes a $380,000 a...

Staff reporters 22 Feb 2023
Ebos lifts first-half net profit 30%
Infrastructure

Ebos lifts first-half net profit 30%

Ebos said its LifeHealthcare business, bought for A$1.28 billion in May last year, performed to expectations.

Jenny Ruth 22 Feb 2023
$25m available to help farmers and growers clean up
Primary Sector

$25m available to help farmers and growers clean up

The government has announced how it will allocate initial emergency funding to assist farmers and growers hit by Cyclone Gabrielle.It's setting aside $25 million out of the $50m support package announced earlier this week.This includes:  Grants for growers of $2,000 per hecta...

Staff reporters 22 Feb 2023