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NZ export log prices fall to 8-month low on stronger kiwi dollar, higher shipping rates
By Tina Morrison Aug. 22 (BusinessDesk) - New Zealand export log prices slid to an eight-month low in August as a stronger local currency and higher shipping rates dented returns. The average wharf gate price for New Zealand A-grade logs dropped to $110 a tonne in August, f...
Weldon to leave GeoOp board at the end of the month
By Paul McBeth Aug. 22 (BusinessDesk) - Former NZX and MediaWorks boss Mark Weldon will leave the board of minnow human resources software developer GeoOp at the end of the month, and will be replaced by an Australian director. Weldon handed over the chairmanship of GeoOp...
Commerce Commission delays decision on 'complex' Fairfax-NZME merger
By Jonathan Underhill Aug. 22 (BusinessDesk) - The Commerce Commission has delayed its decision on the proposed merger between NZME and Fairfax Media's New Zealand assets, saying the deal is complex and it needs more time to assess the impact on both news content and the adver...