It’s taken two years, but the ship has turned and Interislander has started paying back its out-of-pocket customers as a result of its unreliable ferry service.
Olivado was facing a liquidation attempt when it was placed into administration by Seeka this morning.
Staff were told this morning of a proposal to cut 38 jobs across three of its platforms.
The companies behind RMS Contracting were placed into receivership in November after a downturn in work was compounded by the acquisition of machinery on finance.
The failed company’s assets were sold to a related party of its shareholder the same day it was placed into liquidation.
The Bay of Plenty property is the first solar farm to connect directly to Transpower’s national grid.
Two entities behind Christchurch-based pet food brand were placed into the hands of receivers in early November.
Company failures have rocketed up, and aren’t expected to slow down any time soon.
The company behind the medicinal cannabis firm was placed into administration in November.
In our daily series of Q&As, we profile Reserve Bank’s director of economics and chief economist Paul Conway.