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Regulation to blame for sharp copper price cut, not Commerce Commission, lawyer says
By Paul McBeth March 18 (BusinessDesk) - Sweeping changes to laws governing the telecommunications sector were to blame for size of the drop in what Chorus can charge for access to its copper lines services, rather than the Commerce Commission’s decision to impose the cut, the...
NZX plans new market with fewer rules to attract smaller companies, replacing NZAX
By Suze Metherell March 18 (BusinessDesk) – NZX, New Zealand’s stock market operator, plans a new market with less disclosure obligations to attract smaller companies, eventually replacing the New Zealand Alternative Market, the NZAX. Wellington-based NZX launched the alternat...
Nufarm to take A$39M charge on Aussie restructure; NZ unit under review
March 18 (BusinessDesk) - Nufarm, the agricultural chemicals manufacturer, will take an A$39 million charge against this year’s results to close plants, service centres and back office functions to bolster returns. The company, which makes herbicides and pesticides, plans to clo...
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