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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...
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
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...