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Gough founder's grandson takes controlling stake in family business
By Paul McBeth July 11 (BusinessDesk) - Ben Gough, the grandson of a co-founder of Gough Group, has built up a controlling stake in the Christchurch-based equipment and machinery supplier. Gough Group, formerly known as Gough, Gough & Hamer, is privately held by the Gough fami...
Oil explorers accused of ‘gaming’ Gisborne resource consents process
July 11 (BusinessDesk) - The Environmental Defence Society is considering legal action and accuses Canada’s TAG Oil and its 50/50 Texan partner, Apache Corp, of "effectively gaming the system to make it easier for them to get consent for exploration drilling" in the Gisborne and...
Falling foreign visitors drag down NZ guest nights
By Hannah Lynch July 11 (BusinessDesk) - New Zealand’s hotels and motels extended their run of falling guest nights in May, led by a decline in international visitor numbers. Total guest nights fell 0.3 percent to 1.9 million in May from the same month a year earlier, accordin...