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Rubicon deal to sell Clearwood stake within independent adviser's valuation
By Paul McBeth Dec. 14 (BusinessDesk) - Rubicon's proposal to sell a 45 percent stake in local Clearwood manufacturing business falls within the independent adviser's valuation range. The forestry biotech's shareholders will vote on the transaction at a special meeting in...
Finance Minister Robertson wants well-being measures in place for 2019 budget
By Paul McBeth Dec. 14 (BusinessDesk) - Finance Minister Grant Robertson wants to go beyond mere dollars and cents to measure the government's success in the 2019 budget, tasking the Treasury to develop a world-first framework. The public will get a taste of where the gove...
Alliance distributes $11.4 mln to farmer shareholders, looks abroad for growth
By Sophie Boot Dec. 14 (BusinessDesk) - Alliance Group, the world's biggest sheepmeat exporter, will pay $11.4 million to its farmer shareholders this week, after a year where it doubled annual earnings as sales rose 15 percent with a recovery in global meat prices. At the...