Briscoe Group boss Rod Duke says subleasing existing spaces instead is ‘way less risk, for greater return’.
The hospitality business fell victim to Covid-19 and rising costs but was trading well in recent months.
NZX-listed insurer’s results announcement was delayed by ‘miserable glitch’.
Oceania Healthcare says focus on premium care suites is paying off.
Booking volumes continue to rise, but net loss widens.
Smartshares approaching $10b in funds under management under $31.25m acquisition.
Pent-up demand for used cars drives half-year revenue.
Interim revenue of $91 million is ahead of this time last year.
The company has until April 2023 to select either a preferred purchaser, equity investor or operator.
Calls to lower 28% rate in post-Covid economic recovery after IRD flags it is high. National says OIO also a ‘major’ hurdle.