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Hotchin trusts lose bid to strike out asset freeze orders in appeal court
By Paul McBeth Aug. 17 (BusinessDesk) - The Court of Appeal has turned down a bid by trusts related to Mark Hotchin's family to throw out claims there wasn't a direct link between the assets held in trust and the family beneficiaries. Justices Mark O'Regan, Terence Arnold and...
UPDATED Nuplex meets FY guidance as earnings growth stall; shares rise
(Adds broker comment in the fourth paragraph) By Hannah Lynch Aug. 17 (BusinessDesk) - UPDATED: Nuplex Industries' full-year earnings growth stalled, meeting its guidance, as the contribution from newly acquired Viverso and improved resin margins made up for falling volumes an...
ANZ Bank boosts NZ market share in 3Q as increased competition erodes margins
Aug. 17 (BusinessDesk) - Australia & New Zealand Banking Group grabbed more local market share in the third-quarter, though increased competition for loans and deposits took some of the steam out of its margins. The New Zealand unit, which is the country's biggest lender with...
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