Business & People
Appointments, results, deals and the people leading the industry.
Business confidence upbeat despite election
The race to form a government is in its last few weeks, but business confidence remains steady according to ANZ’s latest Business Outlook Survey. Activity, employment…
Ports of Auckland posts $60m profit
Record numbers of cars and construction materials coming into the Ports of Auckland have helped the organisation post a $60.3 million for the year ended June…
Award recognises Waste Management going the extra mile
Waste Management is the winner of the Skills Highway Award presented last week in Auckland at the Diversity Works diversity awards. The Industry Training Federation (ITF)…
Challenging year sees Fliway net profit fall 31%
A tough year in the transport business unit and capacity constraints impacting performance saw Fliway Groups net profit after tax fall 31% from the previous financial…
Dip in profit for South Port
Bluff-based South Port posted a 3% decline in annual profit, although the result isn’t unexpected. Net profit fell to $8.4 million, in the year ending June…
Coretex expands into North America
Fleet management solutions provider Coretex has raised $6 million of capital for planned growth into North America. The company recently reported 35% year-on-year recurring revenue growth…
Aviation profits flying high
The profits of two of New Zealand’s biggest players in air cargo have been announced - and both are at excellent levels. Air New Zealand has…
Colonial profits up
Colonial Motor Company has announced a record total profit of $23.5 million for the year ending June. That’s up 4% on last year, while total operating…
Fletcher Building’s profit takes a hit
Fletcher Building is attributing a 23% drop in profit for the year to June 30 to a $292 million loss posted by its Building + Interiors…
Young apprentices share success stories
Highlighting success will be a key focus during next week’s ‘Got a Trade? Got it Made!’ week. It will celebrate the 148,000 apprentices and industry trainees…