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14 Aug 2022   
NZCity NewsLinks
Google fined A$60m for misleading Australians on location data collection
The Australian Federal Court has ordered Google to pay an A$60 million ($65m) fine for making misleading representations to consumers about the collection and use of their personal location data.The tech giant agreed to the penalty.The... 
© 2022 NZ Herald 9:24am 

Auckland City Mission's new HomeGround wins top Property Council award
The new Auckland City Mission building, extensions to the Cordis Hotel and Christchurch's Te Pae convention centre have all won Property Council awards tonight.HomeGround on Hobson St won the top award for excellence, the judges... 
© 2022 NZ Herald Fri 10:42pm 

Higher natural peril costs pull down profit for insurer IAG
A significant increase in natural peril costs has dragged down the profits of IAG New Zealand - the country's largest general insurer and parent of brands State Insurance, NZI and AMI.IAG NZ made a profit of A$220 million ($242m)... 
© 2022 NZ Herald Fri 3:17pm 

Government tax U-turn: Landlords allowed breaks back for long-term rentals
The Government has done a U-turn on rental housing policy settings, backing down on axing landlords' tax breaks. Housing Minister Megan Woods has today announced that owners of rentals offering tenancies of 10 years or more would... 
© 2022 NZ Herald Fri 1:57pm 

Cannasouth to launch a pro-rata renounceable rights issue
Cannasouth Limited (NZX:CBD), New Zealand’s first listed medicinal cannabis company, is pleased to announce its intention to launch a 1 for 10 pro-rata renounceable rights issue to raise up to circa $4.1 million ("Rights Offer”) 
© 2022 Fri 10:54am 

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Air New Zealand's reduced flight schedule takes the wind out of flying for travellers
By Amy Williams of RNZ People booked with Air New Zealand over coming months are crossing their fingers they won't be among the thousands who will have their flights dropped as the airline deals with staff shortages.The company... 
© 2022 NZ Herald Fri 9:22am 

Air New Zealand cuts flights to deal with staff sickness
Air New Zealand will operate a reduced schedule over the next six months as staff sickness levels continue to cause disruption to travel.There will be changes to some flights, where there will be 1.5 per cent fewer seats than originally... 
© 2022 NZ Herald Fri 5:17am 

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Money Talks: Heather du Plessis-Allan - How having a baby taught her to stop being 'tight-fisted'
Heather du Plessis-Allan's first memory of money is of trying to make it."I have this recollection, when I was about 10 years old of coming up with some sort of scheme at school where I went to a stationary shop to buy staplers... 
© 2022 NZ Herald 5:22am 

Marlborough Lines looking to sell down investment in Yealands Wine Group
Marlborough Lines is looking to sell a stake in Yealands Wine Group and reinvest the money in its electricity lines business.Marlborough Lines bought a majority stake in Yealands Wines for $89 million in 2015, promoting it at the... 
© 2022 NZ Herald Fri 5:57pm 

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Meridian Energy monthly operating report for July 2022
Attached is Meridian Energy Limited's monthly operating report for the month of July 2022 
© 2022 Fri 1:57pm 

Fonterra flags steady earnings for 2022 year, positive outlook
Fonterra said its earnings for the financial year to July 2022 should be towards the top end of its guidance range of 25 to 35 cents per share.Chief executive Miles Hurrell said the co-op was still finalising and auditing its numbers... 
© 2022 NZ Herald Fri 11:17am 

Cost of living: Hungry eyes on looming data release today after inflation leaps
Food price data due to be released this morning should reveal more about how much Kiwis have been paying for groceries and where inflation is heading.The Stats NZ data will be published at a time of high inflation and major debate... 
© 2022 NZ Herald Fri 10:38am 

Rocket Lab doubles loss, but revenue surges
Rocket Lab reported a net loss of US$37.4 million for the three months to June 30, more than double the US$16.7m it lost for the same period last year.But the Kiwi-American firm also reported revenue that surged to US$55.5m, or... 
© 2022 NZ Herald Fri 9:22am 

Disney tops Netflix in streaming subscribers, hikes prices
Disney+ subscribers in the US will have to pay 38 per cent more from December to see the service without ads, the company revealed today.For American subscribers to Disney+, the basic service - to which advertisements will be added... 
© 2022 NZ Herald Fri 8:37am 

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