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Smartpay 1H profit slumps 90% after losing big taxi contract
By Sophie Boot Nov. 25 (BusinessDesk) - Smartpay Holdings, the listed payment terminal supplier, reported a 90 percent slump in first half profit and is in the process of rebuilding its business after losing a major wholesale contract last year. Net profit fell to $143,000,...
Financial advisers could still pocket commissions from funds, insurers in Goldsmith's review
By Paul McBeth Nov. 25 (BusinessDesk) - The government may impose tougher ethical obligations on financial advisers to help confused consumers, but doesn't favour dropping commissions paid by providers such as fund managers or insurers to sell their products. Commerce and C...
Fonterra says 2016 forecast milk payout tied to reovery in dairy prices next year
By Fiona Rotherham Nov. 25 (BusinessDesk) - Fonterra Cooperative Group has affirmed its guidance for the 2016 milk payout to farmers, although chairman John Wilson said it was dependent on global dairy prices rising in the first half of next year from current unsustainable lev...
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