Union critical of how bookstores were put under administration
The National Distribution Union (NDU) has criticised the owners of troubled bookshops Whitcoulls and Borders for putting workers' jobs on the line without consultation.
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Union to meet administrator over bookshop chains
Union representatives will meet the administrators of the troubled Whitcoulls and Borders bookshop chains on Monday.
Poor success rate for voluntary administration, says insolvency specialist
Voluntary administration - which Whitcoulls is now in - has about a 4 per cent success rate, says a New Zealand insolvency specialist.
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Tower, the insurer controlled by Guinness Peat Group, may return capital to shareholders, chairman Tony Gibbs told the annual meeting.
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<i>Craig McIvor</i>: Before you set a task, it pays to know where you want to finish
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