Comvita returns to profit as Otago councils reopen Regional Deal talks

Comvita has returned to profitability. This follows a period of strategic moves, including a $30 million rights offer and a rescue deal supported by shareholders.

In the technology sector, Scott Technology has appointed the chief of JBS to its board as part of its ongoing expansion and protein-focused initiatives.

In the tourism sector, Otago councils are reopening discussions regarding a Regional Deal. This move follows a government backtrack on the implementation of a proposed bed tax, prompting local authorities to seek alternative funding solutions for visitor infrastructure.