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Independent Liquor back in black on fatter margins in face of shrinking sales
By Sophie Boot July 6 (BusinessDesk) - Independent Liquor NZ, which owns alcohol brands such as Woodstock Bourbon and Boundary Road beer, returned to profit in 2016 as the country's biggest RTD maker fattened its margins and slashed its marketing spend in the face of shrinking...
DOC minister, Council fail to overturn Ruataniwha land swap ruling, putting irrigation scheme in doubt
By Jonathan Underhill July 6 (BusinessDesk) - Conservation Minister Maggie Barry and the Hawke’s Bay Regional Investment Co have failed to overturn a Court of Appeal ruling that quashed a land-swap deal involving conservation land needed to dam the Makaroro River for an irriga...
NZ government operating surplus bigger than expected on company, investment taxes
By Paul McBeth July 6 (BusinessDesk) - The government's operating surplus beat the Treasury's forecast in the May budget again as the company and investment tax take beat expectations. The operating surplus before gains and losses (obegal) was $4.49 billion in the 11 month...
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