Allied Farmers, which kept itself alive in March through a fire sale of toxic loans, is back in the firing line after its rural unit was today served with a liquidation notice by the Inland Revenue Department over a $4.2 million tax bill. The Hawera-based company was today served with the notice, 26 days after it was filed with the …

BusinessNZ Chief Executive Phil O’Reilly has been elected Chair of the Business and Industry Advisory Council (BIAC) to the OECD.  The BIAC is the voice of business at the OECD – the world’s foremost provider of integrated statistics and fact-based policy recommendations.  The BIAC network includes national business, industry and employer associations from OECD members and observer countries, as well …

Acurity Health Group, the private hospital operator formerly known as Wakefield Health, reported a smaller decline in annual earnings than forecast, while warning subdued demand for private sector health was making it difficult to keep a lid on costs. Net profit fell to $5.9 million, or 34 cents per share, in the 12 months ended March 31 from $6 million, …