Services
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Air NZ share price supported by solid dividend yield says Jarden
By Rebecca Howard Aug. 7 (BusinessDesk) - Air New Zealand’s solid dividend yield is likely to underpin its share price in the medium term but, with few upside catalysts for earnings outside of fuel prices, Jarden analysts are neutral on the stock. The national carrier is du...
Infrastructure
Spark signs up 150 schools to show Rugby World Cup for free
By Victoria Young Aug. 6 (BusinessDesk) - Less than seven weeks out from the Rugby World Cup, Spark says it is offering New Zealanders as many opportunities as possible to watch the tournament, including through 150 rural schools. The telco turned broadcaster has been addr...
Finance
Westpac to refund $7 million to 93,000 NZ customers
By Gavin Evans Aug. 6 (BusinessDesk) - Westpac is to refund $7 million to 93,000 New Zealand customers overcharged due to incorrect calculation of rewards and fee-waivers on some accounts. Westpac says about 61,000 customers were owed $1.28 million due to fee waivers being...
Policy
Rural WISPs fret about being crowded out of 5G spectrum auction
By Jenny Ruth Aug. 6 (BusinessDesk) - Wireless internet service providers to the rural sector are worried that Vodafone and other mobile phone companies pushing to get 5G services up and running will crowd them out of the market. “Vodafone and its competitors are putting pr...
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