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UPDATE: SkyCity normalised FY profit rises 1.3% on modest NZ growth
(Adds details of earnings, updates shares) By Rebecca Howard Aug. 9 (BusinessDesk) - SkyCity Entertainment Group, the casino and hotel group, posted a small gain in normalised full-year profit on modest growth in New Zealand and a lower net interest expense, offset by reduc...
Hamilton's Ray White agency to pay $1.05M for Trade Me price fixing
By Sophie Boot Aug. 9 (BusinessDesk) - Hamilton real estate agency Online Realty, which trades as Ray White Hamilton City, has been fined $1.05 million for its part in a nationwide price fixing case after a group of realtors agreed to pass on increased Trade Me Group fees for...
Property For Industry posts 1H loss on internalisation costs
By Tina Morrison Aug. 9 (BusinessDesk) - Property For Industry, the industrial property investor, posted a loss in the first half of its financial year after paying for the termination of its management agreement. The Auckland-based property investor reported a loss of $5....
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