All News
Significant shortfall for subbies in Ebert receivership
By Victoria Young July 22 (BusinessDesk) - Receivers for Ebert Construction have dished out another $770,000 to subcontractors, bringing total distributions to them to $2.31 million since the firm’s collapse last October. The distribution of funds following Ebert’s collapse...
Transpower sees no risk to credit metrics from incentive change
By Gavin Evans July 22 (BusinessDesk) - National grid operator Transpower says a further reduction signalled for its revenue during the next five-year regulatory period should not affect its key credit metrics. The state-owned company today told investors that a draft decis...
NZ dollar rises, an outlier amid rising Gulf tensions
By Jenny Ruth July 22 (BusinessDesk) - The New Zealand dollar was firmer but well within its recent range as the market focuses on escalating tensions in the Middle East after Iran seized a British-flagged tanker. The kiwi was trading at 67.74 US cents at 5pm in Wellington...
Prev
