Services
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Tourism Holdings to shrink US fleet in bid to improve cash flow
By Paul McBeth May 27 (BusinessDesk) - Tourism Holdings will shrink its US fleet by about 17 percent as the rental RV operator seeks to address an "unacceptable" performance from its North American business. The company said the US vehicle sales market is in decline, and i...
Finance
Kiwibank hires Hamish Rumbold as its chief technology officer
By Jenny Ruth May 27 (BusinessDesk) - Kiwibank has appointed Hamish Rumbold as its new chief digital and technology officer who will join the bank in August. Rumbold currently works for ClearPoint, which Kiwibank says is one of New Zealand’s leading digital experience and e...
Retail
Intuit juggernaut grows QuickBooks subscribers but momentum slows
By Jenny Ruth May 24 (BusinessDesk) - United States-based Intuit increased its online QuickBooks subscriptions to more than 4.2 million at the end of April, up 32 percent compared with the same quarter last year. That’s up from 3.9 million subscribers at Jan. 31. However...
Finance
Augusta lifts net profit six fold as investors flock into new funds
By Jenny Ruth May 24 (BusinessDesk) - Augusta Capital’s annual net profit rose more than six fold to a record as underlying income, management fees and transactional fees all grew strongly. The property company’s net profit for the year ended March rose to $6.9 million from...
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