KMD Brands’ hugely discounted equity raise, ANZ’s confidence survey drop, and house price doldrums indicate a difficult path forward.
Broadcaster also affirms guidance and successfully extends bank facility.
Covid, cost of doing business, and forex exert downward pressure on results.
No flight cancellations but high call centre demand after alert levels ramped up.
Need for lockdown understood but uncertainty could demolish those already struggling, some say.
Investors take a half share in New Zealand’s largest privately owned freight forwarder.
Every complaint banks receive will now be reported via a tool on the Banking Ombudsman’s site.
Domestic expansion in sights for chocolate-from-scratch company.
A spokesperson confirmed Richard Dellabarca had left the Crown-owned fund manager.
Rationalisation of the city’s cultural and sporting assets would save $67m.