Tag Archives: Companies

writing services Qantas Airways, Australia’s dominant airline, has ring-fenced $10.3 million of tax losses to cover any penalties in its disputed tax case with the Inland Revenue Department over interest deductions claimed on convertible notes. The airline’s New Zealand subsidiary Jetconnect, which manages the group’s trans-Tasman passenger schedule, elected to use “tax losses within the Qantas Group against the shortfall …

New Zealand’s ministers and officials have been given a new set of rules outlining how they can talk about listed companies as the government gets ready to kick off its partial privatisation programme this year. Public service bosses, government ministers and their staff, and state sector spin doctors and legal teams have been told they need to treat information about …

Fletcher Building, the country’s biggest listed company, sold its CSP Coating galvanised steel unit to Hamilton-based Perry Group as it looks to replace some of its treated metal products with imports. cigars for sale online Perry Metal Protection, a subsidiary of the family-owned group, has lodged an application with the Commerce Commission to buy the Fletcher unit for an undisclosed …

Guinness Peat Group, the investment firm liquidating its asset portfolio, has realised some 18.7 million pounds in the latest grab-bag of asset sales. The firm, founded by Ron Brierley, reaped 8.8 million pounds from the sale of wholly-owned subsidiary Gosford Quarry Holdings and will keep the unit’s Sydney property, which has redevelopment potential, for a later disposal, the company said …

Pyne Gould Corp managing director George Kerr has found a buyer for its Perpetual wealth management businesses and will throw in the firm’s stake in Australian research and management firm van Eyk Research. smoke shop online Under the terms of the deal, van Eyk will acquire Perpetual Portfolio Management, Perpetual Asset Management and Perpetual Trust to create a wealth manager …

Fairfax Media Group will face another raid by activist shareholder and iron ore magnate Gina Rinehart after she enlisted Macquarie Radio Network’s John Singleton in her bid to exert control over the publisher of the Dominion Post, Sydney Morning Herald and Australian Financial Review. Rinehart’s Hancock Prospecting and Singleton’s Gutenberg Investments have pooled their Fairfax shareholding to hold 15.4 percent …

Fairfax Media, which publishes the Dominion Post, Press and Sunday Star Times newspapers, slashed the value of its New Zealand mastheads by more than 80 percent in a group-wide writedown of its traditional publishing assets. write my essay cheap The New Zealand holding company, Fairfax New Zealand Holdings, valued its local newspaper titles at $175.2 million as at June 30, …

NZF Group, the financial services firm at odds with receivers of its failed finance unit, has delayed a shareholder vote on whether to exit its stake in Mike Pero Mortgages after the buyer filed High Court papers to limit information that can be shared with investors. Australia’s Liberty Financial, which owns the other half of MPMH, has applied to “restrain …

custom thesis writing service Hellaby Holdings, the diversified investment group, has finally found something to buy after being on the prowl for the past two years in specialised engineering maintenance and industrial cleaning company Contract Resources. The Auckland-based investment firm will spend $73 million on an 85 percent stake in Contract Resources, and saddle it with $30 million in debt, …

he Commerce Commission has cut a deal with Australian lender Bluestone Mortgages NZ over the fees charged on early repayments after a High Court ruling this year narrowed the regulator’s scope to pursue a claim. The regulator settled with Bluestone, Trustees Executors and TEA Custodians (Bluestone) over deferred establishment fees, which were charged when a client repaid a loan within …