Business & People
Appointments, results, deals and the people leading the industry.
Scania appoints finance country manager
Scania Finance NZ has appointed Mandy Brooker as country manager to oversee the growing demand being experienced by service’s regional sales team.
Treasury forecasts soft economic growth
New Zealand’s economy is expected to grow 2.6% over the next four years with high interest rates driving a sustained period of soft economic growth, according…
Lyttelton Port appoints new boss
Graeme Sumner Lyttelton Port Company (LPC) has announced the appointment of Graeme Sumner as its new chief executive. Sumner is currently an advisor and consultant to…
Roading tech firm finalist in KiwiNet Awards
A project to reduce roading costs with rapid subsurface moisture detection has been nominated as a finalist in the annual KiwiNet Research Commercialisation Awards. The work is…
Tourism Holdings posts $49.9m full-year profit
A rebound in travel has seen Tourism Holdings (THL) report a full-year net profit after tax of $49.9 million, an increase of $52m on the prior…
Move reports $7.2m annual loss
Move Logistics Group has reported a net loss after tax of $7.2 million for its full-year result with a “soft performance” from its freight business contributing…
Air New Zealand recovers with $412m annual profit
Demand for air travel that “exceeded expectations” has led to a rapid recovery for Air New Zealand, posting a full-year net profit of $412 million compared…
Port of Tauranga lifts full-year profit
Port of Tauranga has posted a net profit of $117.1 million for its full-year result, up 5.2% on the previous year. That was despite total cargo…
Jason McDonald to join CentrePort
Wellington's CentrePort has appointed Jason McDonald as a board director from September 1 this year. McDonald will be a welcome addition to the board given his…
Truckometer: Heavy traffic in ‘recessionary territory’
The ANZ Truckometer heavy traffic index fell 3% month-on-month in July while the light traffic index was up 0.6%. Chief economist Sharon Zollner says the fall…