Business Most Read
1 MTF reports full year profit of $8.8 million
21 November 2009 1:09pm | Motor Trade Finances
Profit after tax recorded in these accounts is $8.8 million (last year: $3.7 million). More >>
2 SMELLIE SNIFFS THE BREEZE: Oil Fever Follows Wind
20 November 2009 4:29pm | Businesswire
Nov 20 (BusinessWire) - What an irony it would be if, after nine years of a government pushing uneconomic investment in wind power, it was followed by an equally uncommercial push by the current government to establish a bigger oil and gas industry in New ... More >>
3 Parliament Must Update Easter Trade Laws
20 November 2009 4:25pm | Newmarket Business Association
The country’s leading retailing district is supporting the Auckland Chamber of Commerce’s call today for Parliament to fix the annual Easter trading circus once and for all. Reignited calls from Auckland’s Chamber of Commerce and the Newmarket ... More >>
4 Ocean Spray to Partner with Heinz Australia
20 November 2009 4:01pm | Ocean Spray
Ocean Spray and Heinz have announced that, from 1 March 2010, Heinz will manufacture and distribute the Ocean Spray range of beverages and sauces in Australia. The agreement covers Ocean Spray’s existing cranberry and other fruit juice drinks, cranberry ... More >>
5 ANZ to flick off Custodian Services to JP Morgan
20 November 2009 2:54pm | Businesswire
Nov. 20 (BusinessWire) – Australia New Zealand Banking Group, the parent bank of ANZ and National Banks, intends to sell its custodian services businesses in Australasia to investment bank JP Morgan. ANZ’s group managing director Shayne Elliott said ... More >>
6 Super city boundaries a difficult task done well
20 November 2009 4:39pm | Employers and Manufacturers Association Northern
The Local Government Commission has done a difficult task very well for Auckland's future ward and local board boundaries, the Employers and Manufacturers Association (Northern) says "Twelve wards and nineteen Local Boards is close to what we recommended ... More >>
7 MARKET CLOSE: NZ shares fall; Wrightson dips
20 November 2009 6:15pm | Businesswire
Nov. 20 (BusinessWire) – New Zealand shares fell, with rural services group PGG Wrightson declining after announcing its capital-raising plans, as investors prepare for revival in initial public offerings and share sales. Carpet maker Cavalier Corp. ... More >>
8 All Blacks Aim for Kicking Excellence with Adidas
20 November 2009 4:33pm | Adidas
London, November 19th, 2009 – The new PREDATOR®_X adidas rugby boot will be worn by Dan Carter this Sunday when the All Blacks continue their European end of season tour against England at Twickenham. Introducing a pioneering PowerSpine technology, ... More >>
9 NZ dollar sinks as global share markets tumble
20 November 2009 10:30am | Businesswire
by Paul McBeth Nov. 20 (BusinessWire) – The New Zealand dollar sank as share markets around the world tumbled amid nervousness about the strength of the global recovery as investors eschewed higher-yielding, riskier assets. Stocks on Wall Street slid ... More >>
10 New Wheelchairs Incorporate iPhone
19 November 2009 5:21pm | Dynamic Controls
Drawing on its tradition of engineering excellence Dynamic Controls has integrated an iPhone with its power wheelchair electronics – thus enabling power wheelchair users to enjoy all the benefits of an iPhone or iPod touch. The solution connects ... More >>
11 Changes to Judging Criteria in Dairy Awards
19 November 2009 10:15am | New Zealand Dairy Industry Awards
Organisers of the 2010 New Zealand Dairy Industry Awards have changed the way judges evaluate some criteria in the Sharemilker of the Year and Farm Manager of the Year competitions. National Convenor Chris Keeping says that since entries had opened ... More >>
12 A more equitable monetary policy welcomed by PEC
20 November 2009 12:10pm | Productive Economy Council
It's good to finally see a politician stand up and say we have got it wrong with our monetary policy and it's time to fix it, says Selwyn Pellett the spokesperson for the Productive Economy Council. But Labour's shift in position is only the first ... More >>
13 Career Services CE takes role w career devlpt org
20 November 2009 5:27pm | Career Services
Career Services New Zealand Chief Executive, Lester Oakes, is to head the global career development body, the International Association for Educational and Vocational Guidance (IAEVG). Current IAEVG President, Prof. Bryan Hiebert announced the handover ... More >>
14 Joyce gives Telecom more time for separation
20 November 2009 1:07pm | Businesswire
by Paul McBeth Nov. 20 (BusinessWire) – Communications Minister Steven Joyce has granted Telecom Corp. nine months to cut down potential information-sharing among its units as part of the company’s government-enforced operational separation. ... More >>
15 Google Book Settlement - not time to celebrate yet
19 November 2009 9:55am | New Zealand Society of Authors
The removal of New Zealand from the proposed Google Book Settlement is welcomed by the New Zealand Society of Authors (PEN NZ Inc.) whose objection to the settlement, filed with the US Court earlier this year, was instrumental in securing New Zealanders’ ... More >>
16 Space Agents to Witness Premier of SpaceShipTwo
20 November 2009 3:43pm | House of Travel
House of Travel outlets in Botany Junction, Nelson and Palmerston North are the only travel retailers in New Zealand to be invited to attend the world premiere of SpaceShipTwo, the space vehicle developed by Scaled Composites to take private passengers to space. More >>
17 Fonterra sells stake in UK joint venture
20 November 2009 2:48pm | Businesswire
by Paul McBeth Nov. 20 (BusinessWire) – Fonterra Cooperative Group, the world’s largest exporter of dairy products, has sold its stake in a joint venture to market Anchor products to the U.K. Fonterra sold its 25% interest in AFF for an undisclosed ... More >>
18 PGC takes up PGG Wrightson rights
20 November 2009 1:24pm | Pyne Gould
PGC chief executive Jeff Greenslade said that PGC, which currently owns 20.7 percent of PGG Wrightson, will maintain its cornerstone shareholding, although its share will fall to 18.3 percent due to the dilution effect of the Agria placement. More >>
19 Miners to return to work
19 November 2009 10:20am | Engineering Printing and Manufacturing Union
1000 Engineering, Printing and Manufacturing Union members at Solid Energy’s four main mines have voted to return to work at 6am Saturday morning. The decision follows three and a half weeks of strike action and is contingent on negotiations between ... More >>
20 ACC changes dangerous for finance industry workers
19 November 2009 12:06pm | Finsec
Bank workers’ union Finsec is warning that proposed changes to ACC will be dangerous for finance industry workers, in their submission to the select committee today. “The changes present a real threat to the coverage of workers with gradual process ... More >>
21 Santa’s bandaged face too scary for Christmas
19 November 2009 3:34pm | Newmarket Business Association
The bandage that’s tightly wrapped around Queen Street’s giant Santa Claus is upsetting children and too scary for Christmas, says the chief executive of the Newmarket Business Association Cameron Brewer. “This bandage is literally suffocating and ... More >>
22 Goff talks gobbledygook on monetary policy
19 November 2009 4:30pm | Employers and Manufacturers Association Northern
Labour Party leader Phil Goff's reasons for the party withdrawing from the bipartisan consensus over the Reserve Bank policy targets and instruments are gobbledygook, says the Employers and Manufacturers Association (Northern). "Goff apparently wants ... More >>
23 Kiwi Start-Up Makes Finals in SF Challenge
19 November 2009 5:08pm | Global Entrepreneurship
Wellington, 19 November 2009 – A kiwi company that has designed a fuel conversion system for cars made the final cut in the San Francisco based International Cleantech Open Ideas Competition – part of Global Entrepreneurship Week. Nova Eco-Tech Ltd ... More >>
24 Navy Wins Gold, Productivity Doubles in Ten Years
20 November 2009 2:00pm | New Zealand Defence Force
Navy wins gold – productivity doubles in ten years The Royal New Zealand Navy has become the first public sector organisation in New Zealand, and only the third New Zealand business in 10 years, to win an internationally recognised Baldridge Gold ... More >>
25 Minister fails miners
19 November 2009 3:06pm | Engineering Printing and Manufacturing Union
The National Government has failed New Zealand’s miners by turning its back on sensible safety recommendations, says the Engineering, Printing and Manufacturing Union. The call follows a decision by the Minister of Labour to reject reintroducing ... More >>
26 Web Development Innovation Set To Disrupt Matters
20 November 2009 10:35am | Server Automation Ltd
The days of spending thousands of dollars on web development fees for small to medium sized businesses are over, that’s according to Andrew Hendrie, Managing Director of Server Automation Limited. More >>
27 Fiji-NZ Business Council warns trade is at risk
20 November 2009 11:30am | Fiji New Zealand Business Council
Since the expulsion of New Zealand's acting High Commissioner and Australia’s High Commissioner earlier this month, key business interest groups in Fiji, New Zealand and Australia have come out of the closet to express their views on how trade in ... More >>
28 NZMEA: Changes to Monetary Policy Needed
20 November 2009 1:53pm | NZMEA
Changes to the monetary policy framework are needed to put an end to wealth transfers from the tradeable sector say the New Zealand Manufacturers and Exporters Association (NZMEA). Other countries with exchange rate stability as the central focus of monetary ... More >>
29 Sept '08 quarter job creation lowest in five years
20 November 2009 11:02am | Statistics New Zealand
There were 102,770 jobs created and 129,290 jobs were destroyed during the September 2008 quarter, Statistics New Zealand said today. This was the smallest number of jobs created during a quarter since March 2003. Job creation was down 14.3 percent ... More >>
30 Cairns Lockie Mortgage Commentary 21 Nov 2009
20 November 2009 9:59am | Cairns Lockie Mortgage
Welcome to the twenty-first fortnightly Cairns Lockie Mortgage Commentary for 2009. We aim to keep you informed on developments at Cairns Lockie, Home Loans and the mortgage market in general. Previous issues of this commentary can be found on our ... More >>