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RCEP deal by November still achievable - O'Connor
Services

RCEP deal by November still achievable - O'Connor

New Zealand’s minister of state for trade and export growth heads to Bangkok next week for an additional round of talks on the Regional Comprehensive Economic Partnership and said a deal by November is still achievable.  “It’s achievable but only if urgency and momentum build...

Rebecca Howard 04 Oct 2019
Vital Healthcare investors to vote on new fee structure
Services

Vital Healthcare investors to vote on new fee structure

Vital Healthcare Property Trust's investors will be asked to vote on a new management fee structure that will reduce both the management and incentive fees and will make explicit a number of others. The notice of meeting for the annual meeting on Oct. 31 lays out the impact of...

Jenny Ruth 02 Oct 2019
S&P puts NZ Post on negative credit watch
Services

S&P puts NZ Post on negative credit watch

International ratings agency Standard & Poor's have put New Zealand Post on negative credit watch because of the structural decline in mail volumes and the state-owned enterprise's rising capital spending. S&P currently rates the postal service "A+" for long-term debt and "A-1...

Jenny Ruth 01 Oct 2019
Deepening business gloom likely to push annual GDP below 1%
Services

Deepening business gloom likely to push annual GDP below 1%

By Jenny Ruth Oct. 1 (BusinessDesk) - Businesses continued to sink deeper into gloom during the September quarter and that will likely shave annual GDP growth to below 1 percent, according to the New Zealand Institute of Economic Research's latest quarterly survey of business...

Jenny Ruth 30 Sep 2019