T&G clearout lands in court, Reserve Bank’s missing warning shot and how Blis turns to stress
Disgruntled kiwifruit growers are taking the Overseas Investment Office to court over a management clearout overseen by Turners & Growers’ foreign owner, BayWa.
Elsewhere in today’s National Business Review print edition, economics editor Rob Hosking says the Reserve Bank’s missing “warning shot” over low deposit lending might return to haunt policy makers in the New Year.
Order Paper, meanwhile, delves into the mixed messages which clouded Reserve Bank governor Graeme Wheeler’s announcement.
Victoria Young reports on an elite group of Chinese business people wanting to invest in high-risk Kiwi start-ups.
Shoeshine covers another tricky situation for Blis Technologies’ minor shareholders, over yet another capital raising.
In a page of company results news, Fletcher Building chief executive Mark Adamson assesses the listed construction giant’s mix of earnings in the coming year – and the Auckland landbank sites it is preparing for residential development.
Guest columnist Mark Blackham details how Fonterra’s furrowed brow over the botulism crisis turned a relatively simple recall into a PR disaster.
Elsewhere in the paper, reporter David Williams outlines how it appears the Prime Minister’s chief science advisor, Professor Sir Peter Gluckman, has gone to ground over the botulism scare.
Digital editor Chris Keall has more on the latest plan to break the Southern Cross Cable’s monopoly as New Zealand’s only major broadband connection to the outside world.
In Business Traveller, Georgina Bond reports on how Tourism Australia’s turbo-charged digital media strategy appears to be paying off, as exemplified by a super-sized kangaroo snap which went "viral".
Property editor Chris Hutching reveals the paucity of Auckland’s commercial investment offerings led to a bidding war last week, with one property selling at a yield of just 2.9%.
And in Asia Watch, Nathan Smith tackles tensions over access to fresh water, as Asian states increasingly divert water from human consumption to feed hydro electricity schemes and coal-fired power plants.
All in today’s National Business Review print edition. Out now.