STA Travel in liquidation, owes $11 million
News in Brief

STA Travel in liquidation, owes $11 million

Budget travel agent STA Travel is in liquidation.Creditors today voted to place the company, which owes $11 million, into liquidation. It has been in voluntary administration since Aug. 25.Voluntary administrators from Deloitte, David Webb and Colin Owens, have been appointed liq...

Staff reporters 28 Sep 2020
No social insurance scheme before 2024: Robertson
Election 2020

No social insurance scheme before 2024: Robertson

A Labour-led government would seek voters' permission before introducing a social insurance scheme to top up the dole, Grant Robertson says.

Staff reporters 25 Sep 2020
Gentrack earnings tracking ahead of expectations
News in Brief

Gentrack earnings tracking ahead of expectations

Gentrack Group – which provides software solutions for utilities and airports – expects earnings before depreciation, amortisation, impairments and non-operating expenses related to acquisitions will beat the top end of analysts’ forecasts of about $11 million for the September 2...

Staff reporters 25 Sep 2020
Best property yields still in the South
Property

Best property yields still in the South

Auckland may be the most active property market in the country, but Southland remains the strongest overall performer for residential property investors, with Gisborne and the West Coast also strong contenders, the Real Estate Institute of New Zealand says.The institute said capi...

Staff reporters 25 Sep 2020