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NZ annual net migration falls in May as more foreigners, Kiwis leave
By Sophie Boot June 22 (BusinessDesk) - New Zealand's annual net migration fell in May as the number of foreigners arriving stayed the same but the number of New Zealanders and foreigners leaving rose. Annual net migration was at 66,200 in the year to May, from 72,000 in th...
Steel & Tube agrees to $21.1M sale-and-leaseback on Christchurch's Blenheim Rd
By Margreet Dietz June 22 (BusinessDesk) - Steel & Tube Holdings said it agreed to a $21.1 million sale-and-leaseback deal of its Blenheim Road property in Christchurch, a key distribution hub for the company, as part of its restructuring efforts to raise working capital and p...
Michael Hill will close six remaining Emma & Roe stores, online business
By Margreet Dietz June 22 (BusinessDesk) - Michael Hill International said it plans to close the remaining six stores of its Emma & Roe chain as well as the sub-brand’s online business at a total cost of no more than $3.1 million, a move allowing the Brisbane-based jewellery m...
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