State-owned broadcaster Television New Zealand is still ironing out the details of its dividend relief with its shareholding ministers, which will be linked to the cost of upgrading its Victoria St West building and won’t go beyond 2016. The Auckland-based broadcaster today announced the sale of two plots of prime Auckland real estate to SkyCity Entertainment Group for $10.6 million, …

A2 Corp managing director Geoffrey Babidge and director David Mair have taken of a 38 percent surge in the share price of the dairy marketing company to trim their holdings. Babidge’s GHB Investment Trust sold 4 million shares, leaving it with 6 million, the Sydney-based company said in a statement. Mair’s DM2 Investment Trust sold 2 million shares, leaving it …

Auckland house prices have stabilised following a rapid increase in the first quarter of this year, as more properties are listed, according to Barfoot & Thompson, the city’s biggest realtor. The average sale price slipped 1 percent to $647,647 in August from July and is 0.4 percent lower than June, the firm said. The median price in August fell 4 …