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Changes loom at Noel Leeming as Warehouse beds in acquisition, looks for synergies
April 11 (BusinessDesk) - Warehouse Group is preparing to gear up investment and refresh the strategy at Noel Leeming after bedding in December’s $65 million acquisition from buyout firm Gresham Private Equity. Chief executive Mark Powell acquired the appliance retailer last ye...
Budget will show govt on track for surplus in 2015, says English
April 11 (BusinessDesk) - The government is still forecasting it will get its books back into surplus in the year to June 30, 2015, and will confirm the track to that outcome in the May 16 Budget, Finance Minister Bill English said today. In a traditional pre-Budget speech to th...
NZ guest nights rise in Feb, led by backpackers, holiday parks
April 11 (BusinessDesk) - New Zealand guest nights rose in February, recovering most of January's loss, led by increasing visitors at backpackers and holiday parks. Total guest nights rose a seasonally adjusted 2.3 percent to 2.64 million in February, after a 4.1 percent decli...
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