All News
Oceania Healthcare lifts 1H profit 93% as property values, unit sales rise
By Sophie Boot Jan. 25 (BusinessDesk) - Oceania Healthcare, which listed on the NZX last May, reported first-half profit nearly doubled as its investment property became more valuable and it sold more retirement village units. The Auckland-based aged-care operator said that...
Trustpower to probe TECT proposal to ditch customer rebates for community projects
By Paul McBeth Jan. 25 (BusinessDesk) - Trustpower will take a close look at a proposal by cornerstone shareholder Tauranga Energy Consumer Trust to ditch customer rebates in five years in favour of funding community projects. The trust owns 26 percent of Trustpower and di...
NZ dollar jumps above 74 US cts as US Treasury secretary jawbones greenback
By Paul McBeth Jan. 25 (BusinessDesk) - The New Zealand dollar jumped above 74 US cents for the first time since September after US Treasury Secretary Steven Mnuchin talked up the trade benefits of a weaker greenback, while Commerce Secretary Wilbur Ross said his nation was re...
Prev
