Auckland’s KMJB Harris had been in dispute with another insolvent firm, Teak Construction, before its collapse.
Investment bank reportedly hired to explore outsourcing of gambling operation.
Phase 1 investigations indicate a $15.7b build cost over seven to nine years.
Dairy co-op reports 50% lift in half-year profit, raises full-year earnings forecast.
Despite a long-running dispute, the winding up of Lakewood General Partner is in the ‘normal course of business’, CEO Charlotte Clarke claims.
In a difficult international environment, VC funds are having trouble raising capital, it said.
The Rainbow Group centres employed 130 staff across New Zealand.
Al Yates’ power retailer sells 100% hydro, wind, and solar power to about 1% of the market – and will double business in next year, he reckons.
KPMG report highlights another strong year in profit for banking sector, to over $7 billion.
It follows one of the worst seasons for kiwifruit quality and taste.