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Wellington Airport posts 4.8% drop in 1H profit on fewer domestic flights

Wellington Airport posts 4.8% drop in 1H profit on fewer domestic flights

Nov. 12 (BusinessDesk) - Wellington International Airport, which is two-thirds owned by Infratil, posted a 4.8 percent drop in first-half earnings, reflecting fewer flights to Auckland and Queenstown. Earnings before interest, tax, depreciation, amortisation, asset revaluation...

12 Nov 2014
Smiths City starts search for new CEO after Hellings signals exit

Smiths City starts search for new CEO after Hellings signals exit

By Paul McBeth Nov. 12 (BusinessDesk) - Smiths City Group, the Christchurch-based retail chain, is looking for a new chief executive after long-serving head Rick Hellings said he plans to leave after three decades with the company. The retailer's board has hired recruitment...

12 Nov 2014
NZ dairy farmers strong enough to weather one bad season, RBNZ's Spencer says

NZ dairy farmers strong enough to weather one bad season, RBNZ's Spencer says

By Paul McBeth Nov. 12 (BusinessDesk) - New Zealand's dairy farmers have strong enough balance sheets to cope with one season of low payout, but could struggle if they have to tighten their belts for longer, according to the Reserve Bank. The 48 percent slump in global dair...

12 Nov 2014
NZ guest nights jump to a record in September on rise in international travellers

NZ guest nights jump to a record in September on rise in international travellers

11 Nov 2014
Treasury advised to revisit work on deposit insurance

Treasury advised to revisit work on deposit insurance

11 Nov 2014
BurgerFuel more than doubles 1H earnings on store openings

BurgerFuel more than doubles 1H earnings on store openings

11 Nov 2014
Fonterra affirms 2015 milk price payout of $5.30/kgMS

Fonterra affirms 2015 milk price payout of $5.30/kgMS

11 Nov 2014
UPDATE: RBNZ keeps LVR restrictions in place as housing risks remain

UPDATE: RBNZ keeps LVR restrictions in place as housing risks remain

11 Nov 2014
Comvita widens 1H loss; announces plans to raise $24.4M in rights offer

Comvita widens 1H loss; announces plans to raise $24.4M in rights offer

11 Nov 2014
Pyne Gould censured, fined, for breaching corporate governance rules

Pyne Gould censured, fined, for breaching corporate governance rules

11 Nov 2014
DNZ first-half profit rises 41% on revaluations, reduced costs

DNZ first-half profit rises 41% on revaluations, reduced costs

11 Nov 2014
Goodman Property 1H profit drops as decline in financial assets offsets rising rents

Goodman Property 1H profit drops as decline in financial assets offsets rising rents

11 Nov 2014
Kiwi Income boosts first-half earnings on management savings, Sylvia Park rental growth

Kiwi Income boosts first-half earnings on management savings, Sylvia Park rental growth

11 Nov 2014
NZ burgeoning commercial property market stokes development

NZ burgeoning commercial property market stokes development

11 Nov 2014
NZ banks well-placed to weather downturn, RBNZ says

NZ banks well-placed to weather downturn, RBNZ says

11 Nov 2014
NZ dollar soars to 7-year high against weak yen on Abe poll plans

NZ dollar soars to 7-year high against weak yen on Abe poll plans

11 Nov 2014
While you were sleeping: Profit-taking caps advances

While you were sleeping: Profit-taking caps advances

11 Nov 2014
Just Water independent directors accept founder's 15 cents per share takeover offer

Just Water independent directors accept founder's 15 cents per share takeover offer

11 Nov 2014
MARKET CLOSE: NZX 50 at record; MRP, Spark gain amid hunger for yield

MARKET CLOSE: NZX 50 at record; MRP, Spark gain amid hunger for yield

11 Nov 2014
NZ dollar little changed before RBNZ report that may include LVR change

NZ dollar little changed before RBNZ report that may include LVR change

11 Nov 2014
Air NZ ditches seven domestic routes, flags $300 mln on new regional fleet

Air NZ ditches seven domestic routes, flags $300 mln on new regional fleet

11 Nov 2014
Diagnostic firm Tiro Lifesciences first to get new repayable grants for start-ups

Diagnostic firm Tiro Lifesciences first to get new repayable grants for start-ups

11 Nov 2014
UPDATE: Sealegs founder McKee Wright steps in after CEO David Glen resigns

UPDATE: Sealegs founder McKee Wright steps in after CEO David Glen resigns

11 Nov 2014
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