Services

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Chorus accused of using secret information in bid for regional work
Infrastructure

Chorus accused of using secret information in bid for regional work

By Paul McBeth Sept. 2 (BusinessDesk) - Chorus rejects a claim it used confidential information gleaned from a consultancy in bidding for government funding to extend broadband to the Marlborough Sounds.  Consultancy Creative Development Solutions is suing the network opera...

Paul McBeth 02 Sep 2019
ANALYSIS: Vital investors foot the bill for ditching a dud idea
Listed Companies

Jenny Ruth: ANALYSIS: Vital investors foot the bill for ditching a dud idea

By Jenny Ruth Sept. 2 (BusinessDesk) - Investors were mightily relieved when Vital Healthcare Property Trust’s manager announced in May that Vital wouldn’t be party to buying Healthscope properties for A$1.25 billion. Trading in Vital speaks volumes: the unit price jumped f...

Jenny Ruth 01 Sep 2019
TVNZ needs to treble in size to compete with global giants - CEO
Policy

TVNZ needs to treble in size to compete with global giants - CEO

By Paul McBeth Aug. 29 (BusinessDesk) - Television New Zealand will need to be three times the size it is now if it's to fend off the likes of global online media giants Disney and Netflix, says chief executive Kevin Kenrick.  The state-owned broadcaster has built up a war-...

Paul McBeth 29 Aug 2019
Vista shares plunge 19% as 1H net profit falls 23%
Listed Companies

Vista shares plunge 19% as 1H net profit falls 23%

By Jenny Ruth Aug. 29 (BusinessDesk) - Vista Group International’s first-half net profit fell 22.7 percent, owing to the demise of third-party movie ticket subscription service MoviePass, lower revenue from China, and adverse foreign exchange movements. The cinema software...

Jenny Ruth 28 Aug 2019