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No need of panic about Upper North Island ports, PwC report says
By Pam Graham Dec. 4 (BusinessDesk) – A report on ports in the upper North Island kills the idea that Northland’s natural deep water port may one day be a hub for container ships and doesn’t see New Zealand becoming a branch of an Australian hub port either. The report by PwC...
Standard and Poor’s downplays draft regulation impact on Chorus credit rating
Dec. 4 (BusinessDesk) - Standard & Poor's has downplayed the threat of looming price regulation to access Chorus's switchgear on its ageing copper lines, saying the final ruling will probably be amended given the highly political nature of the fibre network. The regulator yest...
Delegat's sees small lift in annual earnings, warns on strong currency
Dec. 4 (BusinessDesk) - Delegat's Group is flagging a small increase in annual earnings for 2013, though it’s warning that the strong kiwi dollar is making life hard for the wine-maker. The company forecasts operating profit of $27 million in the 12 months ending June 30, 2013...
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