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Ex-Hanover trustees Guardian Trust, Perpetual avoid FMA civil case
By Paul McBeth July 1 (BusinessDesk) - The trustees for the now-defunct Hanover group of companies have avoided being drawn into the Financial Markets Authority’s civil case against the former lender’s directors and promoters. In the High Court in Auckland, Justice Helen Wink...
NZ employment confidence spreads beyond Canterbury, Auckland
By Jonathan Underhill July 1 (BusinessDesk) – The rest of New Zealand has started catching up to Canterbury and Auckland in terms of employment confidence though jobs are still deemed hard to come by and there’s less optimism wages will rise. The Westpac McDermott Miller Employ...
NZ govt, SkyCity take another 5 days on $402M convention deal
July 1 (BusinessDesk) - The New Zealand government and SkyCity Entertainment Group are taking another five days to finish up a deal for the casino and hotel operator to build a $402 million convention centre in Auckland in exchange for regulatory concessions. The parties have ex...
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