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Kordia boosts first-half profit, cuts debt, resumes interim dividends

Kordia boosts first-half profit, cuts debt, resumes interim dividends

By Tina Morrison March 1 (BusinessDesk) - Kordia Group, the state-owned broadcasting and telecommunications network operator, posted a jump in first-half profit, allowing it to pay down debt and deliver an interim dividend to the Crown for the first time in three years. Pro...

Tina Morrison 29 Feb 2016
RESEND: NZ Post's art collection for sale as head office shrinks

RESEND: NZ Post's art collection for sale as head office shrinks

(adds missing zero in last paragraph) By Jonathan Underhill March 1 (BusinessDesk) - New Zealand Post Group, which is three years into a five-year transformation to shrink its business to keep pace with falling mail volumes, has put its art collection up for sale. About...

NZ dollar holds steady versus Aussie ahead of RBA meeting

NZ dollar holds steady versus Aussie ahead of RBA meeting

By Tina Morrison March 1 (BusinessDesk) - The New Zealand dollar held steady against the Australian dollar ahead of the Reserve Bank of Australia's decision on interest rates today. The kiwi was trading at 92.11 Australian cents at 8am in Wellington, from 92.12 cents at 5pm...

Tina Morrison 29 Feb 2016