Smartpay Holdings, the listed payment terminal supplier, expects earnings to decline for a second year as it rebuilds its Australian taxi business after losing a key customer. Earnings before interest, tax, depreciation and amortisation will probably decline to between $8 million to $8.5 million in the current financial year, from $9.2 million in the year ended March 30, the company said …

New Zealand’s government has commenced the biggest review of the telecommunications and broadcasting markets since the advent of the internet with today’s release by Communications and Broadcasting Minister Amy Adams of a discussion paper for public submissions. “Regulating Telecommunications for the Future” kicks off a full review of the Telecommunications Act 2001 to reflect the fact that current regulations were created in an …

New Zealand manufacturing sales volumes fell in the second quarter, driven by the continued decline in petroleum and coal, and in meat and dairy. Total seasonally adjusted sales volumes declined 0.2 percent in the three months ended June 30, following a 0.3 percent drop in the first quarter, according to Statistics New Zealand. The volume of dairy and meat, the nation’s two …