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NZ employment confidence rises in fourth quarter, wary on wages
By Suze Metherell Jan. 20 (BusinessDesk) – New Zealand confidence rose in the final quarter of 2013 to its second highest reading in the last two years, but optimism about wage growth slumped to its lowest in 18 months. The Westpac McDermott Milller Employment Confidence Index...
NZX minnows NZF, Vetilot fined, censured over late filings
By Paul McBeth Jan. 20 (BusinessDesk) - NZX minnows Vetilot and NZF Group have been fined and censured by the stock market operator’s disciplinary arm over the late filings of their respective annual reports. NZAX-listed Vetilot, which was formerly Investment Research Group a...
US fund Capital Group buys $51.7 mlin stake in Infratil from Utilico
By Suze Metherell Jan. 20 (BusinessDesk) – US investment fund Capital Group has taken a 5.4 percent interest in Infratil, buying shares from Utilico Investments, a UK investor managed by Infratil director Duncan Saville’s ICM. Los Angeles, US-based Capital Group bought 22.6 m...
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