Australia

Skydive the Beach buys Nzone, the Skydiving Company from Queenstown for $17 Million

Skydive the Beach buys Nzone, the Skydiving Company from Queenstown for $17 MillionNzone, the Queenstown skydiving company has been acquired by Skydive the Beach, an Australian firm for $17 mi

Auckland based A2 Milk Plans to Raise up to $43 Million Through Share Placement and Share Purchase

Auckland based A2 Milk Plans to Raise up to $43 Million Through Share Placement and Share PurchaseA2 Milk, the Auckland based company that markets milk with different protein variants which is supposed to have health benefits is planning to raise $43 million via a share placement and purchase plan. Few months back the company shelved its plans of raising equity at a time the largest of its shareholders articulated interest of a full takeover.

Meridian Energy Says Power Prices to Remain Flat for all Customers in New Zealand

Meridian Energy Says Power Prices to Remain Flat for all Customers in New ZealandThe Australian government has showed little interest in renewable energy resources and still remains greatly dependent on the coal and gas fuelled electricity generation.

Looking at the apathy to move on to cleaner Meridian Energy, New Zealand's wind power expert company sees little or no opportunities for building and new generation there anywhere in the near future.

Assurance from China’s Central Bank Helps the Australian and NZ Dollar to Edge Up

Assurance from China’s Central Bank Helps the Australian and NZ Dollar to Edge UpYesterday, as China allowed the yuan to drop at the fixing the Australian and New Zealand dollars also faced the jitters.

But with some assurance from the central Bank of China that will not allow the yuan to drop to shore up the economy, both the currencies bounced back a little on Thursday.

Virgin Australia Expects to Move to Profitability in Fiscal 2016

Virgin Australia Expects to Move to Profitability in Fiscal 2016There may be some good news for the Virgin Australia Holdings Ltd's share holders as in its first half earnings report, the air

Australian Insurance Company Suncorp Lifts Full Year Profit Forecast

Australian Insurance Company Suncorp Lifts Full Year Profit Forecast Suncorp, the insurance giant based in Queensland gave a special dividend to its share holders and posted a half yearly profit with a fifty five percent lift in the full-year profit forecast, though the company took a hit due to the natural hazard events in the year.

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