Duncan Saville, whose ICM unit manages ASX-listed Zeta Resources, is seeking a seat on the board of New Zealand Oil & Gas, and has the blessing of the oil explorer’s current directors. NZOG shareholders will vote on whether to add Saville to the board on Nov. 4 at their annual meeting in Wellington, according to the firm’s notice of meeting. …

Quattro Asset Management, an Australian fund manager, is in negotiations to buy two Auckland industrial assets from Goodman Property Trust and two office towers in Wellington and Auckland from Precinct Properties New Zealand The Sydney-based investor is in talks with Goodman to buy its Enterprise Park at Wiri and SuperCheap Auto, part of the Savill Link Estate in Otahuhu, Goodman (NZ), the manager of the Auckland-based property …

Nearly two-thirds of employers intend keeping headcount steady this quarter, according to the latest Hudson quarterly report on employment trends. However hiring intentions dipped 1 per cent to 30.8 percent, back to the same level as the start of the year. The continuing fall in the unemployment rate to 5.6 percent backs up the “steady as she goes” approach to …