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Landcorp pays special dividend on sale of Westland shares
Primary Sector

Landcorp pays special dividend on sale of Westland shares

By Paul McBeth Aug. 30 (BusinessDesk) - Landcorp Farming, which trades as Pamu, will pay a $5 million special dividend to the government from its gain on the sale of its Westland Dairy Cooperative Shares.  The state-owned farmer held about 3.25 million shares, or 4.5 percen...

Paul McBeth 29 Aug 2019
NZ consumers feeling better about their own back pocket, wary on wider economy
Retail

NZ consumers feeling better about their own back pocket, wary on wider economy

By Paul McBeth Aug. 30 (BusinessDesk) - New Zealand consumer confidence improved in August as households were more upbeat about the state of their own finances despite being somewhat uneasy about the outlook for the wider economy.  The ANZ-Roy Morgan consumer confidence ind...

Paul McBeth 29 Aug 2019
Broad South Island reach for new Timaru fuel terminal
Infrastructure

Broad South Island reach for new Timaru fuel terminal

By Gavin Evans Aug. 30 (BusinessDesk) - New Zealand’s newest fuel importer believes the terminal it is building in Timaru will be able to supply customers across most of the South Island. Timaru Oil Services expects to have the four-tank, 32 million litre facility operation...

Gavin Evans 29 Aug 2019