Shift to proportionate liability needs to be mandated, or ratepayers will continue to foot the bill.
The company’s property subsidiary was one of three defendants in a $17.3m claim from Stats NZ.
Despite recent setbacks, long-term strategies hint at a brighter horizon.
Pioneering companies see opportunity to work with, rather than against, Kiwi farmers.
Eurekly owner Austen Clarke’s fencing firm appointed liquidators last Friday after encountering setbacks, including alleged theft of funds by two former employees.
Cyber crime agency Cert NZ has set up a portal to help SMEs and ordinary Kiwis defeat the scamsters.
Reported deal would see merger of Jarden wealth and NAB-owned JBWere, as well as BNZ KiwiSaver business.
Pierre van Heerden says no quick-fix for competition issues in the grocery sector.
Net profit in the year ended June 30 rose to $381.5 million, while revenue hit $6.67 billion.
The online supermarket employed about 120 people but is now expected to head to liquidation.