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Opus annual profit slips on rising tax, interest costs; trims dividend as debt mounts
By Paul McBeth Feb. 10 (BusinessDesk) - Opus International Consultants, the engineering firm with one of four mandates to lead design the Christchurch rebuild, reported a 2.6 percent decline in annual profit as it dealt with rising interest costs and a bigger tax bill, and trim...
NZ property values rise at slower pace in January, suggesting increased buyer caution, QV says
Feb. 10 (BusinessDesk) – New Zealand property values increased at a slower pace in January, suggesting restrictions on high debt lending and looming interest rate rises may have prompted buyer caution. Values increased at a 9.6 percent annual pace in January, lagging December’s...
Biosecurity officials mystified by lone Whangarei fruit fly, won’t change port protocols
By Olivia Bascand Feb. 10 (BusinessDesk) – Biosecurity officials say they can’t explain the appearance of a single male Queensland fruit fly caught in Whangarei, since no produce is imported directly through the city’s port. Biosecurity officials on Saturday ended a two-week t...