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NZ business confidence falls in March as South Islanders feel gloomier

NZ business confidence falls in March as South Islanders feel gloomier

By Sophie Boot March 31 (BusinessDesk) - New Zealand businesses were increasingly negative about the overall state of play in March, although were more optimistic about their individual prospects. A net 3 percent of firms were optimistic about the general outlook for the ec...

Sophie Boot 31 Mar 2016
Mainzeal liquidators reject claims totalling $16.7 million

Mainzeal liquidators reject claims totalling $16.7 million

By Paul McBeth March 31 (BusinessDesk) - The liquidators of the Mainzeal group of companies that started collapsing on Waitangi Day in 2013 have rejected $16.7 million of claims, or about 11 percent of what's sought by out-of-pocket creditors.  BDO's Andrew Bethell, who was...

Paul McBeth 31 Mar 2016
UPDATE: Oceania Natural shares jump 16% in NXT debut

UPDATE: Oceania Natural shares jump 16% in NXT debut

(Adds share price) By Paul McBeth March 31 (BusinessDesk) - Oceania Natural shares climbed 16 percent in their NXT debut, capping off the first local listing of the year.  The shares traded at 74 cents on the NZX's small-cap market, up from the 64 cents touted in a compl...

Paul McBeth 30 Mar 2016