Tilt Renewables, the wind and solar generation facilities which split from Trustpower in 2016, posted an annual loss and trimmed dividends as a lack of wind in New Zealand and Australia stifled generation at its windfarms

“The Government’s announcement that this year’s Budget will allocate $42 billion to capital investment over 5 years will provide a welcome boost for regional and urban development, but speed in establishing a specialised strategic procurement agency is now a priority to ensure projects are sequenced and delivered at best value,” said Stephen Selwood CEO of Infrastructure New Zealand. “Details of the exact programme will become clear on Budget day, but with major investment needs in health, education, justice, housing and of course transport, the challenge for the Government will be getting best value out of its programme. “There is a…

SkyCity Entertainment Group sold its Federal Street carpark in Auckland for $40 million, as it moves to free up cash from non-core assets to reduce debt and fund future growth

In an era of ‘fake news’ and highly inflated social media status updates, it’s refreshing when a brand seeks to cut through the mire of media overhype to deliver a report that bares it all.

Kiwis want more taxes and stronger public services. That's the clear message from independent market research commissioned by the Council of Trade Unions.

Scales Corp will sell its cold storage businesses to newly-incorporated US cold chain company Emergent Cold for $151.4 million as it shifts to a greater focus on pure agribusiness.  "We have identified our strengths as (1) operating fully-vertically integrated agriculture businesses, (2) participating in businesses with an export focus, and (3) adding value through connections to the China market," said Chairman Tim Goodacre in a statement to the NZX.

The Employment Relations Amendment Bill is an attack on the rights of non-union workers, BusinessNZ says.

Garry Diack, Tait Communications’ Chief Executive, says “After three-plus years of targeted technology development, Tait Communications is breaking new ground in the fast-evolving digital space for mission critical communications.

Chief Executive Kirk Hope and Employment Manager Paul Mackay will present BusinessNZ's oral submission on the Employment Relations Amendment Bill:- Education and Workforce select committee, Select Committee Meeting Room 1, Bowen House - 10.00 - 10.30 am Wed 9 May

Auckland Airport has opened applications for its sixth annual Tourism Development Grants at the airport’s International Travel Summit in Dunedin.

Tru-Test Corp plans to shed the bulk of its businesses, signing a conditional deal to sell its retail solutions and milk meter divisions, amounting to 85 percent of group revenue, to Switzerland-based Datamars