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NZ King Salmon reviewing capital options as IPO rumoured
By Paul McBeth July 7 (BusinessDesk) - New Zealand King Salmon Investments says it's reviewing its capital options to support the development of three new farms in the Marlborough Sounds after Australian media reported the company was looking at an initial public offering. ...
NZ venison prices rise amid tight supply as farmers rebuild herds
By Tina Morrison July 7 (BusinessDesk) - New Zealand meat processors are having to pay more to secure supply of local venison to service their overseas contracts as farmers retain their breeding hinds to rebuild herds. Spot prices for a 60-kilogram AP stag have hit $7.85/kg...
High Court shoots down pilots' concerns over proposed Wellington runway extension
By Paul McBeth July 7 (BusinessDesk) - The High Court in Wellington has backed a decision that a 90-metre safety area for an extended Wellington Airport runway is sufficient, turning down a bid by pilots who wanted a review because they didn't regard it as long enough. Jus...