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SkyCity earnings to get kicker from Adelaide redevelopment in 2017, brokerage says

SkyCity earnings to get kicker from Adelaide redevelopment in 2017, brokerage says

By Tina Morrison Dec 5 (BusinessDesk) – SkyCity Entertainment Group, New Zealand’s only listed casino operator, faces a “benign earnings outlook” until the benefits show through from the redevelopment of its Adelaide casino complex in the 2017 financial year, according to Deutsc...

05 Dec 2013
Postie Plus plans to sell SchoolTex unit for $9 million to reduce debt, invest in core business

Postie Plus plans to sell SchoolTex unit for $9 million to reduce debt, invest in core business

By Tina Morrison Dec. 5 (BusinessDesk) – Postie Plus Group, the worst performer on the New Zealand stock exchange this year, has agreed to sell its school uniform business SchoolTex for $9 million to reduce debt in an attempt to return the company to profitability. Postie Plus...

05 Dec 2013
SFO passes on more than 90 percent  of complaints, says function isn’t compromised by lean budget

SFO passes on more than 90 percent of complaints, says function isn’t compromised by lean budget

By Jonathan Underhill Dec. 5 (BusinessDesk) – The Serious Fraud Office completed 28 investigations last year, amounting to just 6 percent of complaints received though the state agency says its ability to pursue important cases isn’t compromised by a lean budget. Newly appoint...

05 Dec 2013