Retail
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Primary Sector
T&G sells site to Goodman Property for $65m
By Paul McBeth Sept. 12 (BusinessDesk) - T&G Global has sold its Mt Wellington property to Goodman Property Trust for $65 million and will lease it for up to four years while it figures out what kind of office and logistics space it needs. The fresh produce exporter sold t...
Opinion
Jenny Ruth: COMMENT: Retail shareholder perspective missing in action in capital markets review
By Jenny Ruth Sept. 11 (BusinessDesk) - One glaring omission in the capital markets review committee's report this week is the point of view of retail shareholders which is largely missing in action. Perhaps that was inevitable, given the committee’s make-up: chair Martin S...
Markets
NZ dollar firms on stronger spending data
By Jenny Ruth Sept. 10 (BusinessDesk) - The New Zealand dollar was a little stronger after data showing consumers appear to have heeded Reserve Bank governor Adrian Orr's exhortation to spend after last month's surprise rate cut. The kiwi was trading at 64.31 US cents at 5p...
Markets
Cannasouth shares extend gain as NZX queries rise
By Gavin Evans Sept. 10 (BusinessDesk) - Shares of medicinal cannabis research firm Cannasouth rose a further 10 percent today as it said it is complying with its disclosure obligations under NZX listing rules. The firm, which raised $10 million in a June share float priced...
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