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NZ building construction costs set to accelerate, NZIER says
By Tina Morrison Oct. 16 (BusinessDesk) - New Zealand building costs are expected to accelerate at the fastest pace since the last construction boom in the mid-2000s, driven by demand from expansion in Auckland and the rebuilding of earthquake devastated Christchurch, Non-r...
Pulse Energy seeks up to $6 mln in convertible notes offer
By Paul McBeth Oct. 16 (BusinessDesk) - Pulse Energy, the electricity retailer controlled by lines company Buller Electricity, is seeking up to $6 million through a convertible notes offer to sophisticated investors to ensure it has a big enough cash buffer as it continues to...
Grant Herbert jailed for four years six months in insurance broking fraud
By Paul McBeth Oct. 16 (BusinessDesk) - Grant Herbert, the former owner and director of failed insurance broking firm Herbert Insurance Group, has been jailed for four years six months after being found guilty of fraud last month. Herbert was today sentenced in the Auckland...
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