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Abano's annual net profit plummets 26% and it slashes final dividend
By Jenny Ruth July 30 (BusinessDesk) - Abano Healthcare’s annual net profit dropped 26 percent, reflecting falling margins in both New Zealand and Australia and as it wrote off goodwill on four Australian dental practices. The company also slashed its final dividend to 8 c...
NZ dollar climbs to 7-month high vs British pound on growing fears of no-deal Brexit
By Paul McBeth July 30 (BusinessDesk) - The New Zealand dollar rose to a seven-month high against the British pound on growing expectations for a no-deal Brexit under the leadership of British Prime Minister Boris Johnson. The kiwi advanced to 54.22 British pence as at 8am...
Ihumatao no Bastion Point, says acting PM Peters
By Pattrick Smellie July 29 (BusinessDesk) - Acting Prime Minister Winston Peters rejects suggestions the protests over historic Maori stonefields at Ihumatao, near Auckland Airport, are today's equivalent to the Bastion Point protest of the mid-1970s, although he does describ...
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