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Labour would seek to hit up tourists for a $25 levy
By Rebecca Howard Aug. 28 (BusinessDesk) - A Labour-led government would seek to cash in on a tourism boom by charging international visitors a $25 levy to help grow the industry and protect New Zealand's biodiversity, it said. New Zealand is experiencing an unprecedented...

Delegat meets guidance as FY operating profit gains 6% to record, sees similar in 2018
By Jonathan Underhill Aug. 28 (BusinessDesk) - Delegat Group, New Zealand's largest listed winemaker, reported a 6 percent gain in operating profit to a record and said it expects to achieve at least as much in the 2018 year, subject to foreign exchange movements. Operating...

CORRECT: Prince and Partners admits failings as trustee, reaches $4.5M settlement with FMA
(Corrects timing of Viaduct Capital receivership in second paragraph) By Rebecca Howard Aug. 28 (BusinessDesk) - The Financial Markets Authority has reached a $4.5 million settlement with Prince and Partners Trustee Co after the company admitted a series of failings in its...