6 (BusinessWire) – Kiwi Income bProperty/b Trust, the owner of Auckland’s Sylvia Park shopping centre, posted a 3.9% increase in first-half distributable earnings as the global recession continues to loom over the bproperty/b sector. …

AUCKLAND TAX adviser BDO says the nation’s appetite to take risks with tax planning has dramatically fallen since the Inland Revenue started scoring big wins in anti-avoidance cases. High-profile successes for the taxman, including the recent $645 …

New Zealand’s largest agricultural services company PGG Wrightson (PGGW) has announced plans to invite China-based agri-business Agria in as a cornerstone shareholder. Agria, which is a seeds and sheep breeding products firm, will invest NZ$36 million of fresh equity for a 13% stake in PGGW. (Update 2 includes presentation accompanying announcement.) Here is the full statement from PGGW: Auckland, New Zealand; and Beijing, China – PGG Wrightson (NZX ticker PGW) and Agria Corporation (

in: bInvestment Property/b. AUCKLAND, NEW ZEALAND and BEIJING–(Marketwire - October 15, 2009) - PGG Wrightson (NZX: PGW) and Agria Corporation ( NYSE : GRO ) (Agria) today announced their signing of an agreement that provides for Agria …

In Auckland, the property market’s traditional annual “Spring bounce” has resulted in more properties being sold in September and the average sale price rising from the same time last year. The reaction from the industry seems to be careful …

Ports of Auckland has battened down the hatches by slashing debt and capital spending and by reducing labour costs as it faces uncertainty over the long-term recovery in cargo volumes. Although there were signs of increased import volumes last month …

The cost of public money propping up Auckland’s port could equate to building an iconic structure on Queens Wharf, says Heart of the City chief Alex Swney. Auckland Regional Holdings, a public owner of Ports of Auckland, is stumping up $40 million to …

Ports of Auckland has been recapitalised by its council shareholder and has reported a 74% fall in annual profit when non-cash writedowns are included. The largest container port operator in the country says it has issued 50 million new shares worth …

Ports of Auckland has reported a 74.4 percent slump in net profit to $5.4 million for the June year driven by vehicle car import decrease, redundancy costs and unrealised losses on investment property. Earnings before interest tax and amortisation …

Ports of Auckland today announced normalised earnings* before taxation of $15.7m for the year ended 30 June 2009 (2008: $22.3m). EBITDA for the Ports’ container division, the largest part of the business, was up 1.4% on 2007/08. Overall container …