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Central Plains Water shareholders committed to capital raising up to $56 mln
May 21 (BusinessDesk) – Shareholders of Central Plains Water, set up to draw water for irrigation from Canterbury’s Rakaia and Waimakiriri rivers, have indicated their commitment to the equity component of a looming $140 million capital raising. The equity component hasn’t yet...
NZ exodus across the Tasman slows to smallest monthly pace in almost three years
May 21 (BusinessDesk) - The number of New Zealanders quitting this country for a better life across the Tasman slowed to its smallest monthly pace in almost three years, as the local economic prospects start overshadowing Australia’s. Seasonally adjusted, almost 2,000 more peo...
NZOG chair Griffiths backs director liability over health and safety failures
By Paul McBeth May 21 (BusinessDesk) - New Zealand Oil & Gas chairman Peter Griffiths has thrown his support behind legislative moves to make directors liable if the companies they govern fail to meet health and safety obligations. The Ministry of Business, Innovation and Emp...