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KiwiRail loss widens in 2018 on further writedowns; lifts revenue, underyling earnings
By Sophie Boot Aug. 24 (BusinessDesk) - KiwiRail, the state-owned rail and freight operator, widened its loss in 2018 with further writedowns to its rail network, even as revenue and underlying earnings gained. The Auckland-based state-owned enterprise reported a net loss...
Shrinking home ownership will change SME lending, Kiwibank's Jurkovich says
By Paul McBeth Aug. 24 (BusinessDesk) - Shrinking home ownership and different ways of doing business will change the way banks lend to small and medium-sized enterprises, says Kiwibank chief executive Steve Jurkovich. The state-owned lender's new chief sees small business...
Tilt hires Cameron Partners, Rothschild to advise on takeover
By Gavin Evans Aug. 24 (BusinessDesk) - Tilt Renewables has hired Cameron Partners and Rothschild & Co to advise it on the Infratil-led $208.5 million takeover offer for the business. The Melbourne-based wind and solar developer has named Northington Partners to prepare an...
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