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Moa says earnings will still be positive despite downgrade
Beer and cider maker Moa Group has downgraded its forecast annual operating profit although it still expects to post its first ever positive earnings before interest, tax, depreciation and amortisation result, thanks to its newly acquired hospitality venues. Now, the company e...
Services
Greens chalk up win as default KiwiSavers face fossil fuel ban
The Green Party has notched up an election year win, with a complete ban on KiwiSaver default funds in fossil fuel producing companies announced today.And KiwiSaver contributors who fail to decide where to put their money will no longer be put into the lowest-returning, least ris...
Services
Govt dashes hopes for Chinese student travel exemption
The government has dashed universities' hopes of a temporary exemption for around 6,000 Chinese students who have been unable to start their studies in New Zealand because of the ban imposed on travel from China following the coronavirus outbreak.Universities New Zealand had lobb...
Services
Tourism Holdings profit falls 25%, reiterates annual guidance
Tourism Holdings' first-half net profit fell 25 percent and it reiterated guidance for the full year, despite the developing coronavirus crisis.The campervan and tourism attractions company reported a net profit of $13.1 million for the six months ended December, down from $17.5...
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