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Public service falling short on evaluating policy, Treasury's Makhlouf says
By Paul McBeth April 15 (BusinessDesk) - The public service needs to pick up its act in evaluating new policy as it embarks on its most radical reform since the 1980s, Treasury Secretary Gabriel Makhlouf says. The government is looking to tear down walls between departments an...
Kordia privatises Orcon in sale to Hurst-led group
April 15 (BusinessDesk) - Kordia, the state-owned communications company, has sold internet service provider Orcon to a local business group led by Vivid Networks' Warren Hurst. The price paid in the privatisation has not been disclosed. The deal closed on Friday, the state-o...
PFI share price leads index up on $800M merger
By Pattrick Smellie April 15 (BusinessDesk) - Property for Industry led the NZX50 up before lunchtime today as it announced a deal to merge with Direct Property Fund, an unlisted PIE in the same sector, to create a commercial property empire worth close to $800 million. PFI sha...
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