Council of Trade Unions President Richard Wagstaff today congratulated the Government, the Public Service Association and E tū - and also providers - on a deal that rightly puts mental health and addiction support workers back into the pay equity settlement they were left out of last year.
New Zealand milk production may grow to a record of nearly 23 billion litres in the 2018/19 season, bolstered by a favourable milk price and adequate feed reserves, and assuming normal weather conditions, according to Rabobank’s dairy analyst Emma Higgins
Steel & Tube Holdings said it agreed to a $21.1 million sale-and-leaseback deal of its Blenheim Road property in Christchurch, a key distribution hub for the company, as part of its restructuring efforts to raise working capital and pay down debt
Fletcher Building's outgoing chair Ralph Norris announced the board's audit and risk committee chair Bruce Hassall will succeed him when he steps down from the troubled building company in September . . .
A combination of the hottest month on record and an early snow melt led to a lower proportion of renewable electricity generation and higher levels of other sources of generation in the first quarter of 2018 compared to the same the quarter last year, according to the New Zealand Energy Quarterly released today by the Ministry of Business, Innovation and Employment.
Fletcher Building chief executive Ross Taylor said the company expects to take restructuring charges of $85 million to $95 million in its 2018 results as it moves to a decentralised operating model with more divisions and will also write down the value of its Rocla and Roof Tile businesses.