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SkyCity takes A$95M charge against Darwin casino, blames NT government policy

SkyCity takes A$95M charge against Darwin casino, blames NT government policy

By Jonathan Underhill July 26 (BusinessDesk) - SkyCity Entertainment Group will write off all the goodwill in its Darwin casino complex with an A$95 million impairment, saying increased competition for gaming machines in the Northern Territory hurt revenue and earnings. The...

NZX CFO Bevan Miller resigns, heads to Cooperative Bank

NZX CFO Bevan Miller resigns, heads to Cooperative Bank

By Sophie Boot July 26 (BusinessDesk) - NZX chief financial officer Bevan Miller will leave the market operator in October to take up the same role at Cooperative Bank. Subject to Reserve Bank approval, Miller will start on Nov. 1, with the bank's current head of finance El...

Sophie Boot 25 Jul 2017
Fuji Xerox suspends NZ govt contracts as MBIE investigates financial irregularities

Fuji Xerox suspends NZ govt contracts as MBIE investigates financial irregularities

By Sophie Boot July 26 (BusinessDesk) - Fuji Xerox New Zealand is to suspend all three of its all-of-government contracts with New Zealand government agencies as the Ministry of Business, Innovation, and Employment waits to read the full report on irregular accounting practice...

Sophie Boot 25 Jul 2017