By Fiona Rotherham July 22 (BusinessDesk) – Shareholders of AWF Madison Group, the country’s largest recruiter and labour provider, have voted in favour of a $150,000 increase in the directors’ fee pool at the annual general meeting in Auckland today to cover an enlarged board and give long-time directors their first pay rise in five years. The annual pool will …

By Fiona Rotherham July 22 (BusinessDesk) –  Al Monro has been appointed to the board of government-funded business innovation agency Callaghan Innovation, replacing Sir Peter Maire who’s stepping down after two years to focus on his business interests. Callaghan Innovation was set up in 2013 to support kiwi businesses in science and technology-based commercialisation. Board chair Sue Suckling said Maire, …

New Zealand’s banks are in a good position and should be able to withstand pressure on the agricultural sector from weaker dairy prices, according to ratings agency Moody’s Investors Service. The credit ratings agency is in the process of updating its New Zealand Banking System Outlook annual report, which will include a slight moderation in economic growth to reflect the …