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17 Aug 2022   
NZCity NewsLinks
Embattled fitness chain F45 posts $55 million loss, cancels 300 franchise sales
Embattled fitness chain F45 has posted a massive $60 million quarterly loss and cancelled more than 300 franchise sales as it stares down up to five possible lawsuits from disgruntled investors.Reporting its financial results after... 
© 2022 NZ Herald 8:43pm 

Senior Leadership Team Changes
On 14 July 2022 Blis Technologies announced a refocusing of strategy on core business. In line with this change we have looked at our structure and made changes to our senior leadership team 
© 2022 3:52pm 

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CHI - Half Year Results and Audio Conference Details
Channel Infrastructure’s Chief Executive Officer, Naomi James, and Chief Financial Officer, Jarek Dobrowolski, will give a presentation on the company's financial and operational performance for HY22 via an audio conference commencing on Thursday 25 
© 2022 12:57am 

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Mercury results reflect transformative year
A year of transformative change has supported Mercury’s financial performance for the year to 30 June 2022 
© 2022 11:34am 

PGG Wrightson earnings hit record, sees strong year ahead
Rural services group PGG Wrightson (PGW) said a strong performance from its retail and water business helped drive earnings to a record over the June year.The company's net profit came to $24.3 million, up 7 per cent on the prior... 
© 2022 NZ Herald 10:44am 

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Housing market: Most homeowners profit on sales, despite downturn
From RNZ Most homeowners are continuing to make healthy profits when they sell their houses, despite the market for resales showing further signs of weakness.CoreLogic's pain and gain survey indicates 98.1 per cent of properties... 
© 2022 NZ Herald 6:42am 

Manawa Energy considers retail bond offer
Manawa Energy Limited (Manawa Energy) has today announced that it is considering making an offer (Offer) of five year, unsecured, unsubordinated fixed rate bonds (Bonds) to New Zealand institutional and retail investors 
© 2022 Mon 4:23pm 

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CMC - Retirement and Appointment of Directors
The Chairman of The Colonial Motor Company Limited (CMC), Ashley Waugh, has announced the upcoming retirement of Matthew Newman as a Director of CMC. Matthew stood down from his role as CEO of CMC’s largest car dealership operation, South Auckland M 
© 2022 4:34pm 

Young adults more likely to have payment problems, be living hand to mouth
Young adults are more likely to have problems meeting payments and be living pay cheque to pay cheque than the population as a whole, research by ASB has revealed.And a lack of savings to fall back on is being blamed.Adam Boyd,... 
© 2022 NZ Herald 1:23pm 

Emirates defers planned Christchurch Airbus A380 flights
Emirates' planned restart of services to Christchurch, due to start from December, has been deferred due to ongoing operational constraints and resourcing pressures. The airline had planned to operate an Airbus A380 between Christchurch... 
© 2022 NZ Herald 1:23pm 

China cuts interest rate to shore up economy as President Xi Jinping eyes extension of his reign
China's central bank trimmed a key interest rate Monday to shore up sagging economic growth at a politically sensitive time when President Xi Jinping is trying to extend his hold on power.The decision suggested Beijing is temporarily... 
© 2022 NZ Herald 11:57am 

PGW - Annual Results Announcement to 30 June 2022
PGG Wrightson Limited* (PGW) today announced its results for the financial year ended 30 June 2022 
© 2022 11:17am 

Mercury raises earnings outlook, Tilt NZ sale boosts net profit
Power generator and retailer Mercury NZ said its operating earnings lifted thanks to the addition of wind generation and performance improvements after what it said was a "transformative" year.The company's ebitdaf came to $581... 
© 2022 NZ Herald 10:02am 

Do not knock, unless you want a $30,000 fine from today
Salespeople and doorknockers who ignore stickers could now face hefty fines and have sales deals torn up in court.Consumer NZ said new laws taking effect today were a triumph over "pushy salespeople hounding householders to buy... 
© 2022 NZ Herald 7:23am 

Windfall $70,000 raised at Property Brokers' charity auction
The crowd dug deep at the Property Brokers Hawke's Bay Charity Auction to raise more than $70,700 for local charities and the company's community fund.Property Brokers Hawke's Bay regional manager Joe Snee said hundreds of people... 
© 2022 NZ Herald Mon 4:37pm 

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