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Wynyard shares soar to new record on optimism about new contracts, growth prospects
By Tina Morrison Jan. 8 (BusinessDesk) – Shares in Wynyard Group soared to a new record on optimism about the global growth prospects for the company’s intelligence software. Wynyard shares jumped 11 percent to $1.48, adding to their 12 percent rise yesterday after the Aucklan...
Toll Holdings takes $22.9 mln provision for tax case, widens 2013 loss on write-down
By Paul McBeth Jan. 8 (BusinessDesk) - Toll Holdings’ New Zealand unit recognized a provision of almost $22.9 million in its dispute with the Inland Revenue Department over its use of convertible notes in 2013, a year that saw its annual loss widen by 69 percent as it wrote dow...
Auckland average house price rises to record in December as supply dwindles in peak selling season
By Tina Morrison Jan. 8 (BusinessDesk) – Auckland’s average house price rose to a record in December as property values benefited from a lack of supply heading into the peak summer season. The average sale price rose to $700,387 in December, from $684,646 in November and $624,0...
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