Latest Business Headlines
A visit to Kiwi Landing Pad in San Francisco
Wednesday, 16 October 2013, 7:04 pm | Business New Zealand
Catherine Robinson of Kiwi Landing Pad (San Francisco) shares valuable business and entrepreneurial insights with NZ Business Podcast host Paul Spain. More >>
MARKET CLOSE: NZ shares gain as Xero surge continues
Wednesday, 16 October 2013, 6:04 pm | BusinessDesk
Oct. 16 (BusinessDesk) – New Zealand stocks gained again, led by accounting software global pretender Xero and supported by Fletcher Building reaffirming profit expectations for this year, with a little upside. More >>
New Zealand Education Resource for Future China Business
Wednesday, 16 October 2013, 5:57 pm | Auckland Chamber of Commerce
Today's China business summit at the Langham Auckland brought together key business leaders from New Zealand and China to review opportunities for doing business in China moving forward. More >>
The Bigger The Opportunity The Bigger The Risk in China
Wednesday, 16 October 2013, 5:23 pm | Auckland Chamber of Commerce
The China Business Summit at The Langham Auckland on 16 October addressed the issue of Fonterra's botulism scare and the ramifications of it on the market for New Zealand's brand and exporters to China. More >>
NZ dollar little changed; US impasse cancels out NZ CPI
Wednesday, 16 October 2013, 5:18 pm | BusinessDesk
Oct. 16 (BusinessDesk) - The New Zealand dollar was little changed as markets continue to wait for US politicians to compromise over the Federal budget, overshadowing local data showing the fastest pace of quarterly inflation in more than two years. More >>
John Banks resigns as he faces electoral fraud trial
Wednesday, 16 October 2013, 5:05 pm | BusinessDesk
Oct. 16 (BusinessDesk) – The Act Party’s leader and sole Member of Parliament, John Banks, has resigned as a Minister after an Auckland District Court judge sent Banks for trial over the handling of political donations. More >>
NZer Head 120-Hotel Group - Latest Project Coronet Peak
Wednesday, 16 October 2013, 4:23 pm | Swiss-Belhotel International
Swiss-Belresort Coronet Peak Queenstown will offer an exclusive experience targeting international tourists, said Chairman and President of Swiss-Belhotel International, Mr. Gavin Faull, a New Zealander presiding over one of the region's fastest-growing ... More >>
Trust in Global Financial Institutions - Q3 2013
Wednesday, 16 October 2013, 4:21 pm | Thomson Reuters
Trust in global financial institutions remains negative overall, but regional differences widen • Divergence between positive analyst earnings and investors discounting growth still evident • Level of regulatory activity accelerating and doubled since ... More >>
Actor Promotion and Temp HR Agency Launches in Australia
Wednesday, 16 October 2013, 4:16 pm | ActionActors
A unique temp HR agency for actors is set to launch across the ditch in Australia after just two successful years in New Zealand. More >>
Multi-million dollar Northland rural landholding on mark
Wednesday, 16 October 2013, 4:12 pm | Bayleys
One of Northland’s biggest privately-owned rural landholdings - with a combined rateable valuation of $14.25 million - has been offered for sale. More >>
First NZ supermarket achieves Rata Sustainable Certification
Wednesday, 16 October 2013, 4:09 pm | Rata Sustainable Certification
It is with great pleasure and pride to announce that Levin New World supermarket has been accredited with Rata Sustainable Certification. More >>
Norton Report: Cybercrime Goes Mobile; Security Lags Behind
Wednesday, 16 October 2013, 3:36 pm | Symantec
Symantec (NASDAQ:SYMC) today released its 2013 Norton Report that found a general lack of security awareness when it comes to using mobile devices. The report found that 27 percent of New Zealand survey respondents had experienced mobile cybercrime ... More >>
Building Platform for Business Growth
Wednesday, 16 October 2013, 3:33 pm | Hutt Valley Chamber of Commerce
Learning how to keep your business alive and growing has just become easier through the Business for Six mentoring programme offered by the Hutt Valley Chamber of Commerce. More >>
Cheapflights finds airports where you'll want to waste time
Wednesday, 16 October 2013, 3:16 pm | Cheapflights
One of the biggest gripes of air travellers is being delayed at the airport or spending hours waiting for connecting flights. The intrepid travellers at Cheapflights.com.au know the pain of airport boredom and have researched some of the cooler things to ... More >>
Gewurztraminer named Supreme Champion Wine in Show
Wednesday, 16 October 2013, 3:12 pm | Hunter's Wines
Hunter’s Marlborough Gewurztraminer 2013 has been awarded the Supreme Champion Wine in Show Trophy at the 2013 Avenues International Aromatic Wine Competition. The competition which has been running for eleven years is hosted by the Canterbury ... More >>
Menzies granted clearance to acquire Skystar
Wednesday, 16 October 2013, 2:32 pm | Commerce Commission
The Commerce Commission has cleared Menzies Aviation (New Zealand) Limited to acquire Skystar Airport Services NZ Pty Limited. The proposed acquisition would result in overlap in the provision of ground handling services at Christchurch and Dunedin ... More >>
More robust and dynamic Standards system anticipated
Wednesday, 16 October 2013, 2:20 pm | Employers And Manufacturers Association
The move to make Standards more effective as announced by Minister Craig Foss (15/10/2013) is pleasing because a robust and independent Standards system is vital core business for industry, says Kim Campbell, chief executive for the Employers and Manufacturers ... More >>
Council Confirms Hamilton Riverview Hotel Shareholding Sale
Wednesday, 16 October 2013, 2:20 pm | Joint Press Release
Hamilton City Council has confirmed the sale of its 41.38% shareholding in Hamilton Riverview Hotel Ltd to Tainui Development Ltd, a subsidiary of Tainui Group Holdings Ltd. More >>
NZ is first to trial new Samsung mobile phone technology
Wednesday, 16 October 2013, 1:54 pm | gen-i
Telecom’s ICT services division Gen-i today announced it has partnered with Samsung to successfully pilot and launch Samsung KNOX™ into the New Zealand market, reaffirming New Zealand’s role as an incubation hub for technology innovation. More >>
Microsoft Provides Extra Access to Technology for Students
Wednesday, 16 October 2013, 1:51 pm | Microsoft New Zealand
Today Microsoft announces their Student Advantage programme, which will help ensure all students at New Zealand schools and academic institutions have access to the productivity tools used in most New Zealand workplaces, before they enter the workforce. More >>
Capital Connection fare increase
Wednesday, 16 October 2013, 1:48 pm | KiwiRail
Fares for the Capital Connection will increase for all travel from 1 November 2013. As part of the ongoing drive to ensure the commercial viability of the Capital Connection service, there will be a 10 percent increase in fare prices for passengers travelling ... More >>
EFTPOS New Zealand launches the latest EVOLUTION in payments
Wednesday, 16 October 2013, 1:45 pm | EFTPOS New Zealand
EFTPOS New Zealand announced today the release of the latest VeriFone Evolution terminal range in New Zealand. These new payment devices see technology that we’ve come to rely on with our smartphones, such as high resolution colour touch screens. More >>
China warming to TPP, bi-partisan NZ approach vital: Groser
Wednesday, 16 October 2013, 1:43 pm | BusinessDesk
Oct. 16 (BusinessDesk) – New Zealand risks an error of historic proportions if opposition to the Trans-Pacific Partnership sees the country left out of a trade deal that will almost certainly encompass China in due course, Trade Minister Tim ... More >>
Follow Your Desire: Baileys unveils a stunning new look
Wednesday, 16 October 2013, 1:34 pm | Baileys
She’s tall, slim and stylish; modern, savvy and spirited. With a longer neck, slender shoulders and looking spectacular in glossy black and gold – she’ll certainly catch your eye. Alluring, with a feminine sense of style, and most of all, utterly ... More >>
NZX Market Announcement: Cooks Completes Acquisitions
Wednesday, 16 October 2013, 1:31 pm | NZX
Cooks Global Foods (Cooks) is pleased to advise it has today completed the acquisitions of Franchise Development Limited, Esquires Coffee (UK) Limited, Esquires Coffee Houses Ireland Limited and the business and assets of Progressive Processors Limited. More >>
Accelerating inflation firms up 2014 rate hike expectations
Wednesday, 16 October 2013, 1:23 pm | BusinessDesk
Oct. 16 (BusinessDesk) - Accelerating New Zealand inflation is firming expectations for an early rate hike next year, with consumer prices rising at the fastest quarterly pace and ended a year-long period where the annual pace was slower than the Reserve ... More >>
Digital Alchemy Seer Consulting Alliance &10th Anniversary
Wednesday, 16 October 2013, 1:05 pm | Digital Alchemy
Digital Alchemy has formed a strategic alliance with Seer Consulting to strengthen its presence and services in Asia Pacific, marking its 10th anniversary and strongly growing. More >>
Shade7 Ltd. Releases New OceanWeave Furniture Collections
Wednesday, 16 October 2013, 12:42 pm | Shade7
Shade7 Ltd. Has just released a range of new collections in their commercial outdoor rattan furniture range of OceanWeave. More >>
The Day of reckoning approaches
Wednesday, 16 October 2013, 12:30 pm | CMC Markets
As the House of Representatives once again head back to basics to vote and try and reopen the US government later today, the New Zealand and Australian dollars remains eerily highly priced as if in some ‘sixth sense’ they believe a deal is imminent. ... More >>
Pacific Edge shares surge after deal with US FedMed
Wednesday, 16 October 2013, 12:29 pm | BusinessDesk
Pacific Edge shares surge after it signs agreement with FedMed, gaining access to 40M Americans More >>
New Zealander Becomes Global Removal Chief
Wednesday, 16 October 2013, 12:21 pm | Inspire Group
New Zealander Becomes Global Removal Chief October 16, 2013 A New Zealander has been appointed to the prestigious position of President of the FIDI Global Alliance. The Alliance, whose head office is based in Belgium, is the global body that comprises ... More >>
Nissan Pathfinder cuts a track to 5-star safety status
Wednesday, 16 October 2013, 12:14 pm | Automobile Association
Nissan’s 2013 Pathfinder is the latest SUV to receive a 5-star safety rating from the Australasian New Car Assessment Programme (ANCAP). More >>
TrueNet: September 2013 Broadband Report
Wednesday, 16 October 2013, 12:11 pm | TrueNet
Fibre Speed results are consistently faster than other access technologies although, for the first time, congestion is apparent on the 100Mb/s service for Orcon and Snap. Testpage download times show Cable and Fibre results to be faster than DSL, but the ... More >>
Southland coal looks set to stay in the hole
Wednesday, 16 October 2013, 12:04 pm | Coal Action Network
Coal activists are cheering today at the news that Solid Energy and GLT Ltd are mothballing the lignite briquette plant in Mataura, Southland, and said they were confident that a final decision later this month would shut it for good. More >>
Global Logistics Media To Launch Video Series
Wednesday, 16 October 2013, 11:55 am | Global Logistics Media
The online series launches on November 1st, with 36 highly impactive videos aimed at increasing industry capabilities of executives, business owners and logistics professionals alike. More >>
RBNZ’s LVRs will make little difference, ANZ's Judge says
Wednesday, 16 October 2013, 11:36 am | BusinessDesk
Oct. 16 (BusinessDesk) – The Reserve Bank’s restrictions on low-deposit home loans won’t have much impact in alleviating pressures in a housing market driven by a shortage of land and high local authority compliance costs, says ANZ New Zealand ... More >>
Australians on 'credit-collision course'
Wednesday, 16 October 2013, 11:35 am | MyCRA Credit Repairs
A consumer advocate for accurate credit reporting hopes the introduction of a public scoring system from Veda Advantage will be the catalyst to boost dangerously low credit awareness and reduce the likelihood of credit disasters following the implementation ... More >>
Fletcher Building sees 2014 earnings of $610M-$650M
Wednesday, 16 October 2013, 11:04 am | BusinessDesk
Oct. 16 (BusinessDesk) - Fletcher Building forecast earnings before interest and tax for 2014 of between $610 million and $650 million, saying there has been no improvement in Australia and weak trading is being compounded by a strong kiwi dollar. More >>
Holiday parks have a spring in their step
Wednesday, 16 October 2013, 11:02 am | Holiday Parks Association
Spring has sprung and holiday park owners are feeling chirpy, judging from the latest Holiday Parks Business Confidence Monitor. More >>
Use of Banking Ombudsman Scheme exceeds estimates
Wednesday, 16 October 2013, 10:58 am | Banking Ombudsman
The Banking Ombudsman Scheme received 16% more cases in 2012/13, blowing expectations use would decrease as consequences of the global financial crisis eased. More >>
NZ consumer prices rise at fastest quarterly pace in 2 years
Wednesday, 16 October 2013, 10:57 am | BusinessDesk
NZ consumer prices rise at fastest quarterly pace in 2 years, annual inflation back within RBNZ target More >>
KPMG - Evolving a truly customer-centric industry
Wednesday, 16 October 2013, 10:52 am | KPMG
New Zealand’s primary sector needs to develop a customer-centric approach to its marketing – by creating products with unique attributes that are sought after by global consumers. More >>
NZ fisheries under spotlight of global union campaign
Wednesday, 16 October 2013, 10:24 am | Maritime Union of New Zealand
The New Zealand fishing industry is under the spotlight at a major international union meeting on the Asia Pacific fishing industry held in Auckland this week (15–17 October 2013). More >>
FMA cancels prospectus
Wednesday, 16 October 2013, 10:14 am | Financial Markets Authority
The Financial Markets Authority (FMA) has cancelled the combined offer document of FMP Medical Services Limited (FMP) because it believes it is false or misleading. FMA is also of the view that the offer document is likely to deceive, mislead or ... More >>
FMA cancels FMP Medical Services prospectus
Wednesday, 16 October 2013, 10:02 am | BusinessDesk
Oct 16 (BusinessDesk) – The Financial Markets Authority has cancelled a prospectus offering shares in FMP Medical Services, saying the offer is false or misleading, the first time the regulator has taken such an action. More >>
Women business owners outperforming men - survey
Wednesday, 16 October 2013, 9:31 am | MYOB
New Zealand’s female SME operators are outperforming men in several key areas, demonstrating the strength of their contribution to the local economy, a national survey has revealed. More >>
ICNZ Warns Country Must Adapt to Extreme Weather Events
Wednesday, 16 October 2013, 9:31 am | Insurance Council of New Zealand
The cost of insured damage from extreme weather events for 2013 is likely to be over $100 million, making it the most costly year from storms in New Zealand since 2004, according to the Insurance Council of New Zealand. More >>
NZ dollar slips as US debt deadline approaches
Wednesday, 16 October 2013, 9:01 am | BusinessDesk
Oct 16 (BusinessDesk) – The New Zealand dollar slipped as investors lessen their exposure to riskier currencies on concern about a failure by US politicians to reach agreement ahead of tomorrow’s deadline for averting a debt default. More >>
While you were sleeping: Clock ticks on US debt deal
Wednesday, 16 October 2013, 7:27 am | BusinessDesk
Oct 16 (BusinessDesk) – Wall Street dropped as the October 17 deadline for an agreement to lift the US debt ceiling and avoid a government default approached rapidly as lawmakers' bickering continued. More >>
Dairy product prices fall 1.9% at GDT auction
Wednesday, 16 October 2013, 6:25 am | BusinessDesk
Oct. 16 (BusinessDesk) - Prices of dairy products fell for the first time in three sales at the latest GlobalDairyTrade auction, led by butter and whole milk powder. More >>
MARKET CLOSE: NZ shares gain as Xero soars to $20.58
Tuesday, 15 October 2013, 5:59 pm | BusinessDesk
Oct. 15 (BusinessDesk) – New Zealand shares rose, as Xero soared to a record and Diligent Board Member Services rebounded from a two-day slump after a broker reiterated a ‘buy’ recommendation. Pumpkin Patch, which is to drop out of the benchmark ... More >>
Milford kicks $16mln into Xero’s $180 mln capital raising
Tuesday, 15 October 2013, 5:37 pm | BusinessDesk
Oct. 15 (BusinessDesk) - Milford Asset Management, with more than $2 billion under management, participated in Xero’s $180 million capital raising this week, building a 0.7 percent in the stock exchange’s eighth biggest company. More >>
NZ dollar gains as US debt ceiling deadline approaches
Tuesday, 15 October 2013, 5:26 pm | BusinessDesk
NZ dollar gains as US debt ceiling deadline approaches, RBA leaves door open for rate cut More >>
Over 40 Years Of Experience Set Conroy Removals Apart
Tuesday, 15 October 2013, 5:18 pm | Conroy Removals
For anyone who has ever experienced moving house, they probably have memories of a very stress-filled time and wish they could have chosen a moving company who might have made their move a bit easier. Conroy Removals have been moving people for over ... More >>
Double Up to Tahiti, LA and Paris with 2-For-1 Birthday Sale
Tuesday, 15 October 2013, 5:15 pm | Air Tahiti Nui
It doesn’t get any better than this – to celebrate its 15th birthday Air Tahiti Nui is offering two return tickets for the price of one, to Tahiti, Los Angeles and Paris. More >>
Len Brown confirms 2-year affair with council board member
Tuesday, 15 October 2013, 4:58 pm | BusinessDesk
Oct. 15 (BusinessDesk) – Len Brown, who was re-elected mayor of New Zealand’s largest city with an increased majority last weekend, has admitted to a two-year affair with a woman who served on a council advisory board. More >>
Reliable Transport Solutions Key To The Team At Candor3
Tuesday, 15 October 2013, 4:43 pm | Candor3
Transport systems are the arteries of our communities, connecting us to the things we need and love and giving us the freedom to live our lives with convenience and accessibility. Roads bring the workers to their businesses, our children to school ... More >>
Telco intercept bill tweaks leave in catch-all definitions
Tuesday, 15 October 2013, 4:24 pm | BusinessDesk
Oct. 15 (BusinessDesk) - Last-minute tweaks to legislation setting out the obligations for telecommunications firms to provide government surveillance agencies access to their networks has left in catch-all definitions that threaten to impose increased ... More >>
Standards system improvements on the right track
Tuesday, 15 October 2013, 4:21 pm | BusinessNZ
BusinessNZ says many of the changes to New Zealand’s system of standards proposed today by the Government are on the right track, but it will be important that the standard setting process remains demonstrably independent of government and regulatory ... More >>
Benefits of Investing In Kawerau Confirmed
Tuesday, 15 October 2013, 4:20 pm | Industrial Symbiosis Kawerau
An analysis undertaken by the Crown Research Institute SCION to compare investment returns from wood processing based in Kawerau with those from other parts of New Zealand show Kawerau offers significant benefits in comparison to other wood processing ... More >>
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