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FMA questions NZAX-listed Australasian Food Corp's audit report
By Paul McBeth Aug. 18 (BusinessDesk) - Australasian Food Corp, which took over the NZAX-listed shell Vetilot last year, is being examined by the Financial Markets Authority over statements made by the company's auditor Staples Rodway accompanying its annual report. The Au...
NZ dollar gains as Fed seen in no rush, Australia adds more jobs
By Jonathan Underhill Aug. 18 (BusinessDesk) - The New Zealand dollar gained after minutes of the last Federal Reserve meeting indicated it's in no rush to hike interest rates while stronger-than-expected Australian jobs data lifted the kiwi in line with a stronger Aussie doll...
Duncan Saville steps down from Infratil board after 22 years
By Edwin Mitson Aug. 18 (BusinessDesk) - Duncan Saville is to retire as a director of Infratil at the company's annual meeting later this month after 22 years in the role. Saville's departure from the board comes after the Utilico investment vehicle he manages reduced its...