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AMP Capital, Macquarie to reap A$93M as Duet Group internalises management
July 31 (BusinessDesk) - AMP Capital and Macquarie Capital Group will reap as much as A$93 million after agreeing to allow ASX-listed energy investor Duet Group to internalise its management contract. AMP and Macquarie hold a half share each in the manager of Duet, whose invest...
Pike River receivers to enter no plea on Labour Dept charges
July 31 (BusinessDesk) - The receivers for the Pike River Coal company will enter no pleas on the 10 charges brought against the company, relating to the explosions which killed 29 underground miners in November 2010. PwC receiver John Fisk said they had no detailed knowledge of...
NZ families fret over financial situation, Dun and Bradstreet survey shows
July 31 (BusinessDesk) - New Zealand families have become more concerned about their financial situation, with at least a third saying they’ll use credit to cover unaffordable expenses in the coming quarter, according to Dun & Bradstreet’s consumer credit expectations survey. T...
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