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the Herald

Sky City Institutional Placement At $2.61 Per Share

Sky City Institutional Placement At $2.61 Per Share
Wellington, April 22 NZPA - Sky City Entertainment Group's institutional placement of 71 million shares was made at a price of $2.61 per share, which the company said was at the top end of the bookbuild range.

Australia's NAB Put On Trading Halt Amid Redundancies Fears

Australia's NAB Put On Trading Halt Amid Redundancies Fears
Wellington, March 12 NZPA - Australia's National Australia Bank Ltd has been placed on trading halt at its own request, the New Zealand stock exchange said. The company is expected to give an update on its business strategy later in the day.

Finsec To Fight Any Job Losses At BNZ

Finsec To Fight Any Job Losses At BNZ
Wellington, March 11 NZPA - Finance workers' union Finsec will call on the Government to save any jobs cut in an expected announcement by Bank of New Zealand tomorrow.

Customer-Facing Jobs At NAB Set To Be Trimmed In NZ - Newspaper

Customer-Facing Jobs At NAB Set To Be Trimmed In NZ - Newspaper
Wellington, March 11 NZPA - Job cuts to be announced tomorrow by Australia's National Australia Bank -- which owns the Bank of New Zealand -- will be "deep" and "across the board", according to Australian media reports.

Cabinet Considering Private Prisons Legislation Today - PM

Cabinet Considering Private Prisons Legislation Today - PM
Wellington, March 9 NZPA - The Government is to make a decision today on legislation to allow private companies to run prisons, Prime Minister John Key said this morning. "Cabinet is considering that measure today," Mr Key said on TVNZ's Breakfast programme.

Govt Share Of Money For Mascot Debenture Holders Not Yet Known

Govt Share Of Money For Mascot Debenture Holders Not Yet Known
Wellington, March 3 NZPA - Receivers have yet to determine to what extent the Government will be called upon to repay $70 million owed to debenture holders of collapsed Mascot Finance.

APN Revenue And Earnings Fall In NZ As Economy Hits Advertising

APN Revenue And Earnings Fall In NZ As Economy Hits Advertising
Wellington, Feb 25 NZPA - APN News & Media, publisher of The New Zealand Herald, reported a fall in revenues and earnings in this country for 2008 as advertising spending was hit by tough economic conditions.

APN Sale Fails - O'Reilly Forced To Look Elsewhere For Relief

APN Sale Fails - O'Reilly Forced To Look Elsewhere For Relief
Wellington, Jan 27 NZPA - Irish media tycoon Tony O'Reilly has failed to find a buyer for his media assets down under, including the New Zealand Herald newspaper, and is under pressure to offload assets closer to home to ease his empire's debt burden.

SFO Probe Fraud Claims Worth Tens Of Millions Of Dollars

SFO Probe Fraud Claims Worth Tens Of Millions Of Dollars
Auckland, Jan 17 NZPA - Two branches of a home loan company, one in Auckland and one in Lower Hutt, are being investigated by the Serious Fraud Office for alleged mortgage fraud worth tens of millions of dollars.

What Are The Key Features Of National's KiwiSaver Law?

With the new changes to KiwiSaver, "contributions to KiwiSaver will be lowered to 2 per cent of the weekly wage, matched by Government", the Herald said this week.

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