Latest Finance Headlines

UPDATED: Port of Tauranga makes first South Island foray

Tue, 13 Aug 2013 18:07:22 +1200 | BusinessDesk

UPDATED: Port of Tauranga makes first South Island foray with shot in the arm for PrimePort More >>

Survey confirms it’s time for a Living Wage

Tue, 13 Aug 2013 15:09:03 +1200 | Council of Trade Unions

The New Zealand General Social Survey: 2012, released today confirms it is time for a Living wage, says CTU President Helen Kelly. Helen Kelly says “the survey shows that Kiwis are struggling with low wages and incomes.More >>

Mojo Coffee launch Neonatal Trust’s annual phone collection

Tue, 13 Aug 2013 13:52:07 +1200 | Mojo Coffee

Lovers of flat whites have another reason to pop into Mojo Coffee with today’s launch of their “Old Phones Helping New Lives” campaign for the Neonatal Trust. The Neonatal Trust, which supports families of premature or sick full term babies, ...More >>

Domino’s Delivers Solid Full Year Results

Tue, 13 Aug 2013 13:43:25 +1200 | Domino's Pizza

Domino’s Pizza Enterprises Limited (DMP) today announced an underlying Net Profit After Tax to shareholders of $30.4 million, an increase of 13.0% on the previous year, with results revealing the leaders in the Australian pizza industry continue ...More >>

Visitor spend remains constant

Tue, 13 Aug 2013 12:47:11 +1200 | Ministry of Business Innovation and Employment

Spending by visitors to New Zealand has remained fairly constant over the last year at $5.5 billion, according to the International Visitor Survey released today by the Ministry of Business, Innovation and Employment.More >>

Morningstar Equities

Tue, 13 Aug 2013 11:13:26 +1200 | Morningstar

Following our recent note on the whey contamination issue, we assess the impact on the Fonterra's financial performance and fair value. We believe that while the whole episode has somewhat tarnished the image of Fonterra and New Zealand, we don't think ...More >>

Synlait owner's outlook brightens on Fonterra stumble

Tue, 13 Aug 2013 08:58:33 +1200 | BusinessDesk

China’s Bright Dairy looking better after Fonterra’s food safety stumble, Moody’s says More >>

Port of Tauranga buys $37.2M property in South Auckland

Mon, 12 Aug 2013 16:11:36 +1200 | BusinessDesk

Aug 12 (BusinessDesk) - Port of Tauranga, the country’s biggest export port, has spent $37.2 million buying property in Onehunga to expand its inland port operations in South Auckland. More >>

Port of Tauranga Purchases Onehunga Property from Goodman

Mon, 12 Aug 2013 15:25:10 +1200 | Port of Tauranga Limited

While the City of Auckland grapples with the future of its waterfront, Port of Tauranga Limited continues to expand its MetroPort inland port operations in South Auckland. More >>

Rio Tinto’s power bill cut. Kiwis’ bills keep rising

Mon, 12 Aug 2013 14:04:18 +1200 | New Zealand Labour Party

Meridian’s Government-sponsored Tiwai Point deal has given Rio Tinto a cut of tens of millions of dollars in electricity prices every year, while power bills keep increasing for Kiwi families, says Labour’s Finance spokesperson David Parker.More >>

GMI reaches $2b milestone

Mon, 12 Aug 2013 11:56:00 +1200 | Gareth Morgan Investments

Gareth Morgan Investments Limited Partnership (GMI), a New Zealand owned investment manager, has reached a milestone of $2 billion funds under management. More >>

Heartland to pay brokerage for small investors with new plan

Mon, 12 Aug 2013 09:56:19 +1200 | BusinessDesk

Heartland heads off low-ball offers with plan to pick up brokerage on small share parcels More >>

One in three do not know their KiwiSaver balance

Mon, 12 Aug 2013 09:42:43 +1200 | ANZ Bank

A third of KiwiSaver members are unaware of how much they have in their retirement savings account, according to ANZ’s latest Retirement Savings Confidence Barometer. More >>

Rural Equities’ Cushing to meet Tandou after building stake

Fri, 9 Aug 2013 13:10:53 +1200 | BusinessDesk

Aug 9 (BusinessDesk) - Rural Equities will meet with the bosses of Tandou in the coming weeks after the local farming group controlled by the Cushing family built a 17.7 percent stake in the ASX-listed agribusiness. More >>

DEUN wants Government to look to the Future

Fri, 9 Aug 2013 12:49:13 +1200 | Domestic Energy Users Network

DEUN has labeled the $30 million subsidy to Tiwai Point as self-serving on the part of the present government. “Globally, the aluminium industry is in trouble with the slump in prices since the global financial crisis”, says Sarah Free, secretary ...More >>

Fuel lifts card spending in July

Fri, 9 Aug 2013 12:45:39 +1200 | Statistics New Zealand

Motorists spent more on fuel with their debit and credit cards in July 2013, Statistics New Zealand said today. Spending on fuel (up $39 million, or 5.3 percent) boosted the value of total retail transactions, which increased 0.4 percent in July 2013, ...More >>

Royal Dutch Shell: They Really Have a Friend in Pennsylvania

Fri, 9 Aug 2013 11:43:04 +1200 | Walter Brasch

Royal Dutch Shell, which owns or leases about 900,000 acres in the Marcellus Shale, had a great idea. It wanted to frack the Ukraine. But, there was opposition. So, Royal Dutch Shell decided to create a junket for some of the Ukrainians opposed to ...More >>

MANA Greater Wellington Candidate Underscores Right to Water

Fri, 9 Aug 2013 11:38:26 +1200 | Mana Party

The right of everyone to have free access to water will feature in the launch of MANA's campaign for the Greater Wellington Regional Council. The launch will have a group giving away water while another group tries to sell it.More >>

Food Prices Fall For Third Consecutive Month -- UN Agency

Fri, 9 Aug 2013 10:28:47 +1200 | UN News

Global food prices declined for the third consecutive month, largely driven by lower international prices for grains, soy and palm oil, while sugar, meat and dairy prices were also down, the United Nations Food and Agriculture Organization (FAO) reported ...More >>

Argosy directors seek 31% hike in fee pool to expand board

Fri, 9 Aug 2013 09:38:48 +1200 | BusinessDesk

Aug 9 (BusinessDesk) - Argosy Property will seek a 31 percent hike in the pool for directors’ fees at this month’s annual meeting as the company seeks to expand its board by two directors. More >>

 

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