Spark explains the impact of new accounting, NZX rules and restructuring
By Jenny Ruth Dec. 4 (BusinessDesk) - Telecommunications company Spark New Zealand restated guidance for the year ending June next year to reflect its adoption of new accounting standards and listing rules and its own restructuring. The new accounting standards affect reven...
New car regos fell 1.6% in November from a year earlier
By Jenny Ruth Dec. 4 (BusinessDesk) - The Motor Industry Association says the market for new vehicles is in a “steady as she goes” state with registrations falling 1.6 percent to 14,359 in November compared with the same month a year earlier. Year-to-date registrations are...
Raise the eligibility age for NZ Super: NZ Initiative
By Jenny Ruth Dec. 4 (BusinessDesk) - New Zealand’s pension age is an “historical artefact” that should be reviewed because it risks transferring money from the working poor to the relatively rich. That’s the conclusion of New Zealand Initiative research fellow Jenesa Jera...
Hallenstein Glasson finds the going tough
By Jenny Ruth Dec. 3 (BusinessDesk) - Hallenstein Glasson Holdings says it’s finding the going tough despite its sales for the first 17 weeks of the financial year being 4.8 percent ahead of the same period last year. “The trading environment has remained tough in both New...
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