All News

Crane activity slows in Christchurch, hits record high in Wellington, RLB Index shows

Crane activity slows in Christchurch, hits record high in Wellington, RLB Index shows

By Tina Morrison Oct. 31 (BusinessDesk) - Construction activity is slowing in Christchurch, Dunedin and Hamilton and picking up in Wellington, Auckland and Queenstown, based on the RLB Crane Index which measures the construction industry's workload in key New Zealand cities by...

Tina Morrison 30 Oct 2017
PGG Wrightson says earnings growth to stall in 2018, begins strategic review

PGG Wrightson says earnings growth to stall in 2018, begins strategic review

By Jonathan Underhill Oct. 31 (BusinessDesk) - PGG Wrightson said earnings growth will stall this year after a wet winter and spring and said it will embark on a strategic review following the appointment of new chief executive Ian Glasson. Operating earnings before interes...

NZX third quarter revenue shrinks 4.4% in lukewarm environment for new listings

NZX third quarter revenue shrinks 4.4% in lukewarm environment for new listings

By Paul McBeth Oct. 31 (BusinessDesk) - NZX posted a 4.4 percent decline in third-quarter revenue as a tepid environment for new listings weighed on the stock market operator's income.  Revenue fell to $18.5 million in the three months ended Sept. 30 from $19.3 million a ye...

Paul McBeth 30 Oct 2017