Latest Business Headlines [Page 4]
Ora Pharm Leads New Zealand Medicinal Cannabis Exports To Australia
Tuesday, 23 April 2024, 12:32 pm | Ora Pharm
Waikato-based Ora Pharm has successfully completed its first export order of just under 100kg high quality medicinal cannabis dried flower product to its Australian distribution partner Canngea. More >>
NZ Forecasting Technology Helps Hawke’s Bay Orchardist Get Back On Track
Tuesday, 23 April 2024, 11:54 am | HortPlus
Hawke’s Bay orchardist Rob Nichol is among a burgeoning number of growers putting their faith in a New Zealand-made technology platform to help manage weather, pest and disease risks on their land. More >>
FMA Underlines Importance Of Effective Liquidity Risk Management For Fund Managers
Tuesday, 23 April 2024, 10:19 am | Financial Markets Authority
This guide updates and replaces the FMA’s 2020 Best practice guide for liquidity management and stress testing. More >>
New Import Requirements For Frozen Berries A Win-Win For Consumers And Food Importers
Tuesday, 23 April 2024, 10:12 am | Ministry For Primary Industries
New Zealand Food Safety today issued new import rules for frozen berries to help keep New Zealanders safe and improve processes at the border. More >>
New Home Loans Rise Despite Economic Conditions
Tuesday, 23 April 2024, 10:11 am | NZ Banking Association
The number of new home loans increased by nearly 30% in the six months to December 2023 according to retail banking insights released today by the New Zealand Banking Association. More >>
NZ’s First Green Hydrogen Express Refueller Supported By Coregas
Tuesday, 23 April 2024, 9:40 am | Coregas
Coregas NZ is proud to be a project partner to Halcyon, for the Halcyon Green Hydrogen launch of New Zealand’s first green hydrogen fast refuelling station at Wiri, South Auckland. More >>
Winter Blues Hit Early For Retailers
Tuesday, 23 April 2024, 9:36 am | Retail NZ
At the end of a slow summer of trading, New Zealand retailers are not feeling positive about their business prospects as they head into winter, according to the latest Retail Radar quarterly survey of Retail NZ members. More >>
Payments NZ Reminds Merchants Of EFTPOS Hardware Upgrade Deadline
Tuesday, 23 April 2024, 9:28 am | Payments NZ
Any devices running on the PCI 3.x standard will no longer be compliant after 30 June 2024, leading to their disconnection from Aotearoa New Zealand’s payment network. More >>
Over Half Of Drivers Distracted, And 21% Have Driven Under The Influence, New Research Shows
Tuesday, 23 April 2024, 8:45 am | AMI Insurance
Insurer AMI is cautioning drivers to be safe on the roads, as new research reveals that 55% of drivers admit to being distracted while driving*, and 21% said they’d driven under the influence of drugs or alcohol^. More >>
ComCom Secures Conviction Against Promoter Who Claimed They'd Be "One Of The Biggest Scammers In NZ
Tuesday, 23 April 2024, 8:41 am | Commerce Commission
The Commerce Commission is warning consumers about the risks and increasing sophistication of pyramid schemes, following the conviction of the lead New Zealand promoter of one of the biggest pyramid schemes the Commission has seen promoted in New Zealand. More >>
RBNZ Releases Submission On Draft Commerce Commission Market Study
Tuesday, 23 April 2024, 8:38 am | The Reserve Bank of New Zealand
The draft report provides a useful analysis of the current market structure and makes some valuable recommendations to improve how competition could work better for consumers. More >>
Making Cents (sense!) Of Post-halving Pricing…
Tuesday, 23 April 2024, 8:27 am | Launch PR
Too many investors don’t ‘Keep calm and invest on’, getting caught up in ‘timing the market’ in terms of entry or running aground when the market becomes more volatile. An ability to confidently navigate volatility is key to avoiding being a ‘Sirius’. More >>
Staff Call Time On ‘Work From Home’ Trend
Tuesday, 23 April 2024, 8:13 am | CCNNZ
The New Zealand contact centre industry is calling for staff to return to the office as it becomes more apparent that the ‘work from home’ model is unhealthy for staff and for business. More >>
You Don’t Need A Fat Nest Egg To Retire, Says Financial Adviser And Author
Tuesday, 23 April 2024, 8:09 am | Victor Kolkur-The Advice Hub
The author of New Zealand Retirement Planning Secrets, head of insurance and senior financial adviser at The Advice Hub, Victor Kolkur, says that while planning for retirement is essential, the amount of money you will need depends on the kind of ... More >>
Aotearoa Property Prices Continue To Rise
Tuesday, 23 April 2024, 7:25 am | Trade Me Property
The national average asking price for a property was recorded at $885,100, up 2.2 per cent compared to the same time last year. More >>
‘Bettering’ Of The Responsible Lending Code; A Red Herring
Tuesday, 23 April 2024, 7:17 am | Debtfix
We are grappling with a genuine debt crisis. While we appreciate the intent to broaden access to home lending, we fear that the proposed changes could have far-reaching implications across all lending sectors. More >>
"Shared Vision" Brings Māori Startups Together
Tuesday, 23 April 2024, 7:11 am | Tapuwae Roa
Highly contested business accelerator, Tupu, welcomed its inaugural cohort of Māori founders last week, kicking off its ten-week programme to drive sustainable growth for Māori businesses. More >>
SEEK NZ Employment Report March
Tuesday, 23 April 2024, 7:06 am | SEEK
In March, Public Sector roles declined to the greatest degree, which we know is due to a reduction in spending by ministries and agencies. However, roles within Professional Services and Construction are experiencing notable growth. More >>
Common Consumer Myths Busted
Tuesday, 23 April 2024, 7:01 am | Consumer NZ
The Consumer Guarantees Act (CGA) is turning 30 and Consumer NZ is on a mission to bust some of the most common misunderstandings about the Act. More >>
Energy Resources Aotearoa Shapes Sustainable Energy Future At World Energy Congress
Tuesday, 23 April 2024, 6:59 am | Energy Resources Aotearoa
Energy Resources Aotearoa Chief Executive and World Energy Council (WEC) Board member John Carnegie will attend the World Energy Congress, held from April 22nd to April 25th, 2024, in Rotterdam, The Netherlands. More >>
NZ Brand Oi Propels To Second Position In Exciting US Feminine Hygiene Market, Worth US $3.6 Bn
Monday, 22 April 2024, 6:09 pm | Joe Public Relations
The Kiwi business started selling its organic range in Whole Foods’ 500-plus stores last July and has since made significant strides in the US. It has captured the attention of other American retailers searching for a premium organic brand to sell in an exciting More >>
Ngāi Tahu Property And Mike Greer Homes Announce Joint Venture To Develop Prime West Melton Land
Monday, 22 April 2024, 5:35 pm | Ngai Tahu Property
The collaboration combines over 50 years of experience in land, residential, and commercial development, bringing together two of the strongest and most reliable developers in the region. The residential land development is expected to support More >>
BNZ Wins Canstar's Bank Of The Year, Home Loans
Monday, 22 April 2024, 5:16 pm | Canstar
The Bank of the Year, Home Loans award takes both residential and investor home loans into account, and assesses factors such as net cost, ease of application, the discharge process, and customer satisfaction. BNZ’s win was due to its strong combination More >>
Artisanal Gelato Entry Into Supermarkets Set To Reduce Food Waste Volumes
Monday, 22 April 2024, 4:49 pm | Island Gelato Co
Growing mainstream demand for artisanal gelato has seen one of the country’s largest manufacturers expand into supermarkets, as it eyes future domestic and export growth opportunities. The entry into the FMCG channel will also pave the way for an increase ... More >>
New Alliance Aims To Elevate Auckland's Appeal For Chinese Business Travellers
Monday, 22 April 2024, 4:45 pm | Auckland Airport
Of the 210,000 Chinese visitors entering New Zealand since travel resumed between the two countries, 13,000 – or 6 % – were here for business, conventions or conferences with the Chinese business travel segment recovered to 65% of pre-pandemic volumes. More >>
Justine’s Introduces New Keto Ginger Crunch Cookie, The Perfect Blend Of Indulgence And Nutrition
Monday, 22 April 2024, 4:38 pm | Justine's Cookies
“Our Keto Ginger Crunch Cookie is a testament to our commitment to providing wholesome treats for everyone. When you crave the satisfaction of baked goods but want to maintain a healthier lifestyle, this crunchy cookie is the perfect solution," says Justine More >>
Akaroa King Salmon Wins Champion Award At Outstanding NZ Food Producer Awards 2024
Monday, 22 April 2024, 3:51 pm | Akaroa Salmon
With 355 entries from across New Zealand, the competition was fierce. A distinguished panel of over 23 experienced judges, including renowned chefs and food writers such as Peter Gordon, Ginny Grant, and Nici Wickes, meticulously assessed the entries. More >>
RSM Names EJ Nedder As New Global CEO
Monday, 22 April 2024, 3:47 pm | RSM New Zealand
Steve Hayes, Chairman of RSM New Zealand welcomes the appointment of E.J.Nedder as the new global CEO for RSM International. Ernest "E.J." Nedder is currently Partner and Chief Strategy Officer for RSM US LLP and serves on the RSM Canada LLP Board ... More >>
Quayside Appoints New Chief Investment Officer – Sam Newbury
Monday, 22 April 2024, 3:40 pm | Quayside Holdings
Quayside has announced the appointment of Sam Newbury to the role of Chief Investment Officer (CIO), transitioning from an acting position, effective immediately. As one of the longest-standing Quayside employees, Sam joined Quayside in 2018 and has been ... More >>
Finish Announces Free Recycling Programme For Soft Plastics Dish Care Packaging In Australia And New Zealand
Monday, 22 April 2024, 2:46 pm | Finish
The new free recycling programme will enhance access to soft plastics recycling for Finish branded packaging across Australia and New Zealand. More >>
Are Shops Open On ANZAC Day?
Monday, 22 April 2024, 2:26 pm | MBIE
Most shops will be shut on ANZAC Day (Thursday 25 April, 2024) until 1pm, although there will be some exceptions. More >>
Urban Homes Launches Coromandel Franchise As It Marks 20th Anniversary
Monday, 22 April 2024, 1:48 pm | Urban Homes
Waikato home builder, Urban Homes, today announced its first franchise located in Whitianga and servicing the Thames Coromandel region. This major announcement comes on the heels of the company’s 20th anniversary milestone being marked this month. More >>
Climate Stress Test Assesses Resilience Of Major NZ Banks
Monday, 22 April 2024, 12:33 pm | The Reserve Bank of New Zealand
Climate-related risks need to be actively managed to protect the resilience of the financial system to other shocks, the results of the Reserve Bank of New Zealand’s (RBNZ) 2023 Climate Stress Test has found. More >>
Revolve Environmental Launches To Transform Environmental Services In Northland
Monday, 22 April 2024, 11:46 am | Fabric Digital
Marking a significant milestone in the environmental services industry, Revolve Environmental announces its official launch in Northland, bringing a new level of expertise and innovation to the region's environmental and infrastructural challenges. More >>
Unlocking Homeownership: How Tanta Leverages KiwiSaver For First-Time Buyers
Monday, 22 April 2024, 11:43 am | Fabric Digital
Amidst the dynamic shifts in New Zealand's real estate landscape, Tanta emerges as a beacon for first-time homebuyers, championing an approach that makes the dream of homeownership both accessible and less intimidating. More >>
Extending The Voluntary Recalls On Serene Bathroom Heaters
Monday, 22 April 2024, 11:00 am | MBIE
After further investigations by WorkSafe’s Energy Safety team, all Serene S2068 heaters that were imported, sold or installed after 16 June 2018, regardless of serial number, are no longer able to be used, sold or installed in New Zealand. More >>
More Choice And Greater Flexibility: Air New Zealand Unveils New Short Haul Booking Options
Monday, 22 April 2024, 10:03 am | Air New Zealand
The airline has today announced changes to its Seats to Suit offering from June, including a new suite of booking options for travelling between New Zealand and the Tasman or Pacific Islands. More >>
NextWork Aims To Recruit 1000 Non-tech Workers For FREE AWS Certification
Monday, 22 April 2024, 9:47 am | NextWork
We spend a third of our lives at work and edutech startup NextWork is on a mission to ensure that time is both enjoyable and well-paid. The startup has raised $Mil2.3 in a Pre-seed round led by GD1 to power the launch of a learning platform that will ... More >>
Environmentally Conscious Shoppers At Risk Of Being Greenwashed
Monday, 22 April 2024, 9:24 am | Consumer NZ
According to Consumer, more than 75% of New Zealanders place some importance on a product’s green claims being verified before it’s sold. Despite this, there is no independent vetting or checking required before products making green claims hit ... More >>
Rural New Zealanders Front-of-mind In Commission’s Copper Services Investigation
Monday, 22 April 2024, 8:35 am | Commerce Commission
Mr Gilbertson says the Commission’s monitoring shows that less than half of rural households outside fibre areas are served by copper – “Rural consumers are increasingly shifting off copper as demand for more robust connectivity and internet performance ... More >>
Marked Increase In Business Optimism Over Next 12 Months Despite Current Conditions
Monday, 22 April 2024, 8:29 am | Grant Thornton New Zealand Limited
Grant Thornton New Zealand’s latest survey of over 200 business leaders and decision makers has revealed a significant uptick in optimism for the coming year despite many toughing it out in current economic conditions. More >>
Revolut Launches Joint Accounts In New Zealand, Enabling Frictionless Joint Finance Management
Monday, 22 April 2024, 7:39 am | Revolut
Revolut's Joint Accounts aims to enhance financial flexibility and inclusion, making it easier for Kiwis to achieve their financial goals together More >>
Banks Welcome Changes To Consumer Lending Law
Sunday, 21 April 2024, 2:23 pm | NZ Banking Association
New Zealand Banking Association chief executive Roger Beaumont says: “We welcome the removal of overly prescriptive affordability assessment requirements because it should help fix the one-size fits all approach that treated all types of lending ... More >>
CCCFA Reforms – A Return To Commonsense
Sunday, 21 April 2024, 2:18 pm | Financial Services Federation
The reforms announced by Minister of Housing, the Hon Chris Bishop and Commerce and Consumer Affairs Minister, the Hon Andrew Bayly, are a welcome return to commonsense and will make credit more accessible for all New Zealand consumers, says the Financial ... More >>
TVNZ Announces Hosts For AA Insurance Location, Location, Location NZ
Sunday, 21 April 2024, 1:44 pm | TVNZ
Jayne Kiely and Paul Glover are set to host AA Insurance Location, Location, Location NZ. Real Estate agents by trade, Jayne and Paul are excited to be helping house-hunters find their perfect home and taking viewers along for the journey. More >>
Prime Minister’s Business Mission To Southeast Asia Supercharges Relationships And Business Opportunities
Sunday, 21 April 2024, 1:06 pm | NZTE
There is enormous opportunity for New Zealand exporters in this region and that’s evidenced by the number of deals that were inked by our delegates during this trip, the first of many. More >>
Whangārei Lotto Player Wins $1 Million
Sunday, 21 April 2024, 5:13 am | Lotto New Zealand
Powerball was not struck and has rolled over to Wednesday night, where the jackpot will be $6 million. More >>
New Fairfield Freight Hub Gets More Goods On Rail
Saturday, 20 April 2024, 7:00 am | KiwiRail
The new rail hub at Fairton sits alongside our business estate and it’s perfectly placed for those industries sending product to the North Island or to ports and overseas markets. More >>
Minister For Regional Development, Shane Jones, Officially Opens LeaderBrand’s Covered Production Facility
Friday, 19 April 2024, 5:00 pm | LeaderBrand
The aim of the project is to accelerate crop growth year-round in a more sustainable manner, helping to mitigate weather impacts, reducing fertiliser and water usage as well as protecting the soil. It also ensures job security and supports Tairāwhiti’s ... More >>
Disabled People Falling Victim To The Work-readiness Trap
Friday, 19 April 2024, 3:46 pm | IHC New Zealand
Research has shown that intellectually disabled people are great employees, and hiring them can result in improvements in profitability, greater cost-effectiveness, lower employee turnover, high rates of employee retention, reliability, punctuality, loyalty ... More >>
Better Earthquake Risk Management
Friday, 19 April 2024, 3:40 pm | Business NZ
BusinessNZ has welcomed the announcement of an early review and extension to deadlines on owners of buildings deemed earthquake-prone. More >>
Businesses Still Hiring, Even In Tough Economic Climate
Friday, 19 April 2024, 1:59 pm | Trade Me Limited
Total job applications were up compared with the previous quarter, with a 15.4 per cent increase. The biggest increase was in Marlborough with a 25.2 per cent jump, followed by the Otago region at 24.2 per cent. More >>
Paramount Pools Merges With Major Australian Franchise Swimart
Friday, 19 April 2024, 1:05 pm | Paramount Pools
Paramount Pools has merged with Swimart, a leading Australian pool and spa franchise network, a move which combines two strong brands and many years of expertise. A total of three Paramount Pools' five stores will be co-branded under the Swimart and Paramount ... More >>
Disrupter Fast-track Bill Long Overdue
Friday, 19 April 2024, 12:07 pm | Straterra
t’s time for a disrupter to get infrastructure and development projects moving, with significant benefits for New Zealand, says Straterra chief executive, Josie Vidal. "We see the Fast-track Approvals Bill as the ticket to this and our submission ... More >>
TPT Group Holdings Announces Appointment Of New Independent Director
Friday, 19 April 2024, 11:15 am | TPT Group Holdings NZ Limited
TPT Group Holdings (NZ) Limited, a family-owned local investment company, is pleased to announce the appointment of Mark Loveard as an Independent Director. More >>
Woolworths Marks Milestone With 50th Woolworths Store In New Zealand
Friday, 19 April 2024, 10:25 am | Woolworths New Zealand
Woolworths New Zealand is proud to announce the transformation of its 50th store with Countdown Hāwera becoming Woolworths Hāwera - a significant milestone in the transformation journey that started in August 2023. With the transformation ... More >>
Netflix Pipeline Leads To Consecutive Quarters Of Global Demand Share Growth
Friday, 19 April 2024, 9:57 am | Parrot Analytics
Two years after small subscriber losses disappeared an eventual $200B in shareholder value, Netflix has almost fully recovered its peak share price, and kicks off the latest round of media and entertainment earnings with the wind at its back. More >>
Air New Zealand Shares Summer Schedule Updates
Friday, 19 April 2024, 9:08 am | Air New Zealand
Air New Zealand has today revealed updates to its capacity and network this summer, with the confirmed return of two routes, an extended pause on another, and additional capacity into key markets. More >>
Exploring The World Of Alternative Cryptocurrencies
Friday, 19 April 2024, 8:53 am | Hugh Grant
Today we're diving deep into the wild, wonderful world of alternative cryptocurrencies, better known as "altcoins"! You’ve probably heard a ton about that popular crypto called Bitcoin by now. But believe it or not, the cryptocurrency universe ... More >>
Fonterra Appoints Permanent COO
Friday, 19 April 2024, 8:50 am | Fonterra
Fonterra has today announced Anna Palairet has been permanently appointed into the role of Chief Operating Officer (COO). Anna has been acting in the position since June 2023. CEO Miles Hurrell says Anna has valuable expertise and a strong relationship ... More >>