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Qantas Airways resumes dividends after 7 years; posts record 2016 profit
By Fiona Rotherham Aug. 24 (BusinessDesk) - Australia’s biggest airline, Qantas Airways, will resume paying dividends after a seven-year hiatus following a A$1.03 billion full-year net profit after tax, up 80 percent on the prior year and the best in its 95-year history. Th...
Ngatata Love laments misplaced trust in Shaan Stevens, says name misused on documents
By Sophie Boot Aug. 24 (BusinessDesk) - Former Wellington Tenths Trust chairman Ngatata Love says he misplaced his trust in Shaan Stevens and that both Stevens and Lorraine Skiffington misused his name on documents presented in his fraud trial, the High Court heard today. ...
Metro Glass sees 'marked improvement' in 2017 on building boom, Australian expansion
By Paul McBeth Aug. 24 (BusinessDesk) - Metro Performance Glass, which has more than half the country's glass processing market, expects to see a "marked improvement" in the coming year as it reaps the benefit of New Zealand's building boom and looks further afield with its re...