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Why the Govt secretly wants fuel to go up 50c a litre - National

Wednesday, 21 August, 2019 - 15:55

Julie Anne Genter will have her fingers crossed that fuel prices keep ballooning, otherwise her car tax won’t provide all the economic benefits she claims it will, National’s Associate Transport spokesperson Brett Hudson says.

Strong revenue delivers solid annual result for Queenstown Airport

Wednesday, 21 August, 2019 - 12:33

Queenstown Airport Corporation (QAC) delivered a solid result in the financial year ended 30 June 2019 with total revenue up by $3.9 million (9%) to $49.6 million. This was a result of increases in both aeronautical and commercial revenue, and effective cost controls.

Building regions: Infrastructure NZ calls for enhanced regional govt

Wednesday, 21 August, 2019 - 11:59

Infrastructure New Zealand released a new white paper today setting out how, by strengthening regional capability and incentivising local, regional and central government institutions to collaborate, we can tackle complex issues and improve outcomes for all New Zealanders.

Fletcher Building returns to profit in year of strong execution

Wednesday, 21 August, 2019 - 08:47

Fletcher Building Limited’s FY19 financial results reflect a solid NZ performance, a return to profitability, and successful execution of the first year of its five-year strategy aimed to refocus and grow the business.

Summary:

Christchurch Airport continues strong financial run

Wednesday, 21 August, 2019 - 08:40

Christchurch International Airport Limited (CIAL) has recorded another record year in FY19. Excluding the impact of fair value gains on investment properties, underlying profit before tax [1] for the year was $66.9 million against $57.2 million for FY18 (+17%).

Cut tax to make a difference at the pump - Road Transport Forum

Tuesday, 20 August, 2019 - 13:08

If this Government really wants to "make a difference at the pump", they may want to consider their high tax take on fuel and their role in creating a competitive wholesale market before they criticise fuel companies, says Road Transport Forum (RTF) chief executive Nick Leggett.

Provincial retail and industrial property portfolio placed on market

Tuesday, 20 August, 2019 - 13:00

A substantial provincial city commercial and industrial property portfolio - featuring a block of high street shops, a vehicle testing station, and an industrial hub - has been placed on the market for sale.

Primary and intermediate principals vote to accept new offer - NZEI

Tuesday, 20 August, 2019 - 10:30

Primary and intermediate school principals have voted to accept a new settlement from the Ministry of Education, which includes entrenched pay parity with secondary principals.

Kiwis still shop ‘NZ’ despite rise of global e-tailers, says report

Tuesday, 20 August, 2019 - 09:49

Despite the rise of internationally headquartered e-tailers, more than half of all Kiwi consumers (54%) say they still prefer to shop at New Zealand owned and operated small businesses, according to a new Consumer Insights Report by accounting software provider MYOB.

Exercise boosts life expectancy, regardless of size - study

Tuesday, 20 August, 2019 - 08:37

Latest academic research studies have found that exercise increases life expectancy regardless of the size of people, proving exercise is critical to longevity, ExerciseNZ chief executive Richard Beddie says.