Struggling dairy manufacturer Synlait has asked shareholders to vote in favour of a $130 million lifeline from Chinese shareholder Bright Dairy.

The company said a2′s vote would be influential in deciding if the critical shareholder loan needed to pay off bank debt due July 15 went ahead.

The Country's Rowena Duncum says the situation's looking dire for Synlait.

LISTEN ABOVE

Struggling dairy manufacturer Synlait has asked shareholders to vote in favour of a $130 million lifeline from Chinese shareholder Bright Dairy.
The company said a2′s vote would be influential in deciding if the critical shareholder loan needed to pay off bank debt due July 15 went ahead.
The Country's Rowena Duncum says the situation's looking dire for Synlait.
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Rowena Duncum: The Country producer on Synlait asking shareholders for multi-million dollar lifeline

Fletcher Building's shares have bounced back up after the business completed and handed over part of their NZ International Convention Centre project.

The project is back in SkyCity's hands - with the project on track to reopen by the end of the year.

Harbour Asset Management spokesperson Shane Solly explains further.

LISTEN ABOVE

Fletcher Building's shares have bounced back up after the business completed and handed over part of their NZ International Convention Centre project.
The project is back in SkyCity's hands - with the project on track to reopen by the end of the year.
Harbour Asset Management spokesperson Shane Solly explains further.
LISTEN ABOVE

Shane Solly: Harbour Asset Management spokesperson on Fletcher Building handing over Convention Centre project to SkyCity

The Finance Minister is determined to grow the economy and ease the cost of living for struggling Kiwis as the Government outlines its next points of focus. 

The Government today unveiled its third quarterly priorities - focusing on law and order, the economy, public services and infrastructure.

Minister Nicola Willis says it's important for the Government to focus on making sustainable financial choices now.

LISTEN ABOVE

The Finance Minister is determined to grow the economy and ease the cost of living for struggling Kiwis as the Government outlines its next points of focus. 
The Government today unveiled its third quarterly priorities - focusing on law and order, the economy, public services and infrastructure.
Minister Nicola Willis says it's important for the Government to focus on making sustainable financial choices now.
LISTEN ABOVE

Nicola Willis: Finance Minister unveils steps to ease cost of living as Government outlines third quarterly priorities

Former Air New Zealand CEO Rob Fyfe is set to launch his biggest - and most sustainable - business venture yet.

Recorp, an aluminium canning company, is set to launch in September, with former House of Travel head Bruce Parton being appointed the inaugural CEO.

Fyfe says many Kiwi companies are phasing out plastic, meaning there's room to enter a new market.

LISTEN ABOVE

Former Air New Zealand CEO Rob Fyfe is set to launch his biggest - and most sustainable - business venture yet.
Recorp, an aluminium canning company, is set to launch in September, with former House of Travel head Bruce Parton being appointed the inaugural CEO.
Fyfe says many Kiwi companies are phasing out plastic, meaning there's room to enter a new market.
LISTEN ABOVE

Rowena Duncum: The Country producer on Synlait asking shareholders for multi-million dollar lifeline

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