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MARKET CLOSE: NZ shares rise as Z Energy purchase approved

Friday, 29 April 2016, 5:43 pm | BusinessDesk

April 29 (BusinessDesk) - New Zealand shares rose after Z Energy gained regulatory approval to acquire rival petrol chains, increasing its market share, while Skellerup Holdings suffered after a profit downgrade. More >>

Wellington cinema restoration proves a winner

Friday, 29 April 2016, 5:22 pm | Dulux

The renovation of the Empire Cinema and Eatery in Wellington’s Island Bay has won the International category in the 30th year of the Dulux Colour Awards announced in Melbourne tonight. It was also commended in the Commercial Exterior category. More >>

Steel & Tube seismic mesh update

Friday, 29 April 2016, 5:15 pm | Steel and Tube Holdings

Steel & Tube has total confidence in the compliance of its seismic mesh and all product for sale has been through external testing. More >>

New Visa opens doors for entrepreneurs in the Region

Friday, 29 April 2016, 4:56 pm | Nelson Regional EDA

The new Global Impact Visa (GIV), announced today by the Ministry of Immigration, Michael Woodhouse, will be of great value to region's like Nelson. More >>

Steel & Tube agrees to sell only independently tested mesh

Friday, 29 April 2016, 4:50 pm | BusinessDesk

April 29 (BusinessDesk) - Steel & Tube Holdings has agreed to sell only seismic reinforcing steel mesh which has been independently tested, the Commerce Commission said. More >>

New Law Salaried Staff Have To Now Clock In

Friday, 29 April 2016, 4:07 pm | Small Business Voice

New employment law introduced a few weeks ago has imposed more hardship on the workplace says Max Whitehead CEO of the Small Business Voice. More >>

Federated Farmers welcomes New Zealand Fire Services merger

Friday, 29 April 2016, 4:07 pm | Federated Farmers

Federated Farmers welcomes the Government’s announcement today that funding of $303 million will be used over four years to combine rural and urban fire services. More >>

Finalists Named in First Ever NZ RCSA Award

Friday, 29 April 2016, 3:50 pm | RCSA

Six leading New Zealand companies are among finalists announced in the inaugural New Zealand RCSA Awards for excellence, with one company being named in three separate Award categories. More >>

Update on Commerce Commission steel mesh investigation

Friday, 29 April 2016, 3:43 pm | Commerce Commission

The Commerce Commission continues to make progress in its ongoing enquiries into steel mesh sold in New Zealand. More >>

Rabobank Agribusiness Monthly (NZ) - April 2016

Friday, 29 April 2016, 3:15 pm | Rabobank

The Agribusiness Monthly provides timely information and analysis on agricultural conditions, commodity price updates and commentary on the latest sectoral trends and developments. Key Highlights: • Dairy – Global commodity prices continue ... More >>

Z shares at record as Caltex deal seen reducing competition

Friday, 29 April 2016, 1:58 pm | BusinessDesk

April 29 (BusinessDesk) - Z Energy shares jumped to a record after the Commerce Commission approved its bid to buy rival Caltex and Challenge! petrol station chains, saying price coordination at some stations wasn't enough to turn it down but that regions ... More >>

NZ building consents see-saw with 9.8% March fall

Friday, 29 April 2016, 1:35 pm | BusinessDesk

April 29 (BusinessDesk) - New Zealand residential building consents fell in March, reversing gains February, led by declines in Otago, Tasman and Bay of Plenty. More >>

NZ business confidence lifts in April

Friday, 29 April 2016, 1:33 pm | BusinessDesk

April 29 (BusinessDesk) - New Zealand firms were more optimistic about the economic outlook this month as a buoyant construction sector remains central to the country's growth in the coming year, ANZ Bank New Zealand says. More >>

The importance of using qualified advisers

Friday, 29 April 2016, 1:27 pm | Fertiliser Association of New Zealand

The release of the Sustainable Dairying: Water Accord this week highlights the important role of talented people in delivering improvements in the environmental performance of dairy farming. More >>

Alarm over AFFCO/Talley’s bid to muzzle social media posts

Friday, 29 April 2016, 1:17 pm | Meat Workers Union

The Meat Workers Union says AFFCO/Talley’s is trying to muzzle free speech and the right of workers to speak out, after the company filed legal action to control what the union can post online about the company. More >>

WOW® Awards Show 2016, Creative Team Announced

Friday, 29 April 2016, 12:40 pm | WOW Awards

Creative team for WOW Awards 2016 announced WELLINGTON, NZ – World of WearableArt® has announced the creative team for the 28th WOW® Awards Show, New Zealand’s largest performing arts event founded by Dame Suzie Moncrieff. More >>

Seafood companies challenge Govt through High Court

Friday, 29 April 2016, 12:39 pm | Fishing Industry Association

Seafood companies have filed proceedings in the High Court ( Statement of Claim ) in response to the Government’s unilateral move to establish the Kermadec Ocean Sanctuary without recognition of existing rights and contrary to international obligations ... More >>

Job opportunities offered to former Dick Smith employees

Friday, 29 April 2016, 12:37 pm | 2 Cheap Cars

The country’s biggest importer and retailer of second hand cars, 2 Cheap Cars, says it may be able to help some of the staff from closed-up electronics company Dick Smith with new jobs. More >>

KiwiSaver Hits and Myths

Friday, 29 April 2016, 12:31 pm | Commission for Financial Capability

The largest ever public survey of KiwiSaver has revealed the reasons why people join, highlighted their concerns and discovered what makes them stop saving. The most popular reason to enrol was the most obvious and the reason KiwiSaver was set up – one ... More >>

Christchurch entrepreneurs win inaugural #MyBizQuest

Friday, 29 April 2016, 12:26 pm | Quest Apartment Hotels

Two philanthropic young Kiwis have taken out top honours in the inaugural 2016 #MyBizQuest competition, winning a $10,000 business mentoring package for their newly established business, Little Yellow Bird (LYB). More >>

March drop in dwelling consents reverses February's rise

Friday, 29 April 2016, 12:20 pm | Statistics New Zealand

The number of new dwellings consented fell in March after a big rise in the previous month, and a fall in January, Statistics New Zealand said today. More >>

Kiwis Choose Blankets over Heating Bills

Friday, 29 April 2016, 12:13 pm | Canstar

Auckland, 29 April 2016 – New Zealanders would rather battle the cold with a blanket or add extra clothing layers than increase their heating bill according to the results of the latest Canstar Blue survey. More >>

Tiwai Point in-lieu victory vindication

Friday, 29 April 2016, 12:12 pm | E tu

The former E tū lawyer who managed the Tiwai Point in-lieu case through to the Court of Appeal has welcomed as “fantastic” a Supreme Court decision which brings the four-year case to a close. More >>

Surge in EU milk production not “opening of floodgates”

Friday, 29 April 2016, 12:09 pm | Rabobank

Signs are emerging that EU milk production growth is finally slowing, indicating the recent post-quota surge in production is a “one-off adjustment rather than an opening of the floodgates”, according to a visiting expert on the European dairy ... More >>

NZGBC CEO Alex Cutler announces her resignation

Friday, 29 April 2016, 12:09 pm | Green Building Council

New Zealand Green Building Council’s chief executive, Alex Cutler, has announced that she will leave the organisation later this year. She has been in the role since May 2010. More >>

Veterinarians play crucial role in protecting global health

Friday, 29 April 2016, 12:07 pm | Agcarm

Agcarm endorses World Veterinary Day held on 30 April, created to highlight the lifesaving work performed by veterinarians around the globe. More >>

Epson wins Top 100 Global Innovators award for fifth time

Friday, 29 April 2016, 11:37 am | Epson

AUCKLAND, 29 April 2016 - Epson has won the Thomson Reuters Top 100 Global Innovators award for the fifth straight year. More >>

OceanaGold reports record first-quarter gold output

Friday, 29 April 2016, 11:31 am | BusinessDesk

April 29 (BusinessDesk) - OceanaGold, the gold and copper miner, said it achieved record gold production from its Didipio mine in the Philippines in the first quarter and lifted group sales by 25 percent, although accounting adjustments dented profit. More >>

Zespri to re-pack and release fruit after clearance

Friday, 29 April 2016, 11:20 am | BusinessDesk

April 29 (BusinessDesk) - Zespri International will re-pack and release the 1.7 million trays of kiwifruit it placed on hold this month, saying they pose no danger to consumers. More >>

Aviation Conference, Wellington June 2016

Friday, 29 April 2016, 11:15 am | Aviation New Zealand

Aviation operational safety and human error specialist from Britain, Dr Steve Jarvis, will be a key speaker at the Aviation Leadership Summit organised by Aviation New Zealand at Shed 6 in Wellington on 28 and 29 June 2016. More >>

Waikato forum to unlock secrets to $3/kg MS farm systems

Friday, 29 April 2016, 11:08 am | DairyNZ

Dairy farmer Gary Rowlands says running his farm at a cost of under $3/kg milksolids (MS) is thanks to a simple system. More >>

Fire Service Funding – disappointment with poor policy

Friday, 29 April 2016, 11:06 am | Insurance Council of New Zealand

Continuing to tax only those people who pay insurance to fund the fire service is blatantly unfair and well out of step with best policy practice internationally, the Insurance Council of New Zealand said in response to today’s new funding arrangements ... More >>

Mother’s Day High Tea at Crowne Plaza Queenstown

Friday, 29 April 2016, 10:41 am | Crowne Plaza

A delightful High Tea experience is being launched at Crowne Plaza Queenstown with a special tea just in time for Mother’s Day. More >>

Submissions on telecommunications services sought

Friday, 29 April 2016, 10:30 am | Commerce Commission

The Commerce Commission today released the preliminary findings of its five yearly review of whether to investigate deregulating selected services in Schedule 1 of the Telecommunications Act 2001 (the Act). More >>

Tourism Holdings likely to exceed 2016 guidance

Friday, 29 April 2016, 10:15 am | BusinessDesk

April 29 (BusinessDesk) - Tourism Holdings will likely exceed its 2016 guidance as margins improve in New Zealand and Australia, giving the campervan rental company confidence to predict growth over 2017 and 2018. More >>

Skellerup cuts earnings guidance again

Friday, 29 April 2016, 10:14 am | BusinessDesk

April 29 (BusinessDesk) - Skellerup Holdings cut its annual earnings guidance for a second time, projecting a lower profit than 2015 as weak milk, oil and gas prices around the world weigh on demand from the rubber goods maker's customers. More >>

NZX says 1st-qtr sales rise 9.6% as debt listings climb

Friday, 29 April 2016, 10:13 am | BusinessDesk

NZX says 1st-qtr sales rise 9.6% as debt listings climb, sees Ralec victory More >>

Augmented reality platform Plattar closes NZ$1.2m seed round

Friday, 29 April 2016, 10:10 am | Plattar

Augmented reality platform Plattar closes NZ$1.2m seed round, News Corp Australia lead investor More >>

Air New Zealand and Logan Dodds release epic Kiwi OE video

Friday, 29 April 2016, 9:54 am | Air New Zealand

A new video documenting 25 year old Kiwi plumber Logan Dodds’ ultimate New Zealand OE is set to inspire young New Zealanders to get out and explore their backyard. More >>

Z Energy cleared to acquire Chevron subject to divestments

Friday, 29 April 2016, 9:41 am | Commerce Commission

The Commerce Commission has cleared Z Energy Limited’s application to acquire 100% of the shares in Chevron New Zealand, the owner of the Caltex and Challenge brands in New Zealand. More >>

Z cleared to buy Caltex assets, must sell 20 petrol stations

Friday, 29 April 2016, 9:25 am | BusinessDesk

April 29 (BusinessDesk) - Z Energy is allowed to buy the Caltex and Challenge! petrol station chains but must sell 19 of its retail sites and one truck-stop, the Commerce Commission has ruled in a split decision that acknowledges possible retail price ... More >>

NZ dollar gains as BOJ inaction weighs on greenback

Friday, 29 April 2016, 9:17 am | BusinessDesk

The New Zealand dollar rose after the Bank of Japan's decision not to expand its stimulus measures drove up the yen against the greenback and left traders who were long US dollars looking for other currencies to transact with. More >>

While you were sleeping: Icahn divests Apple

Friday, 29 April 2016, 9:15 am | BusinessDesk

April 29 (BusinessDesk) - Wall Street moved lower, giving up earlier gains, with Apple shares leading the turn after billionaire and activist investor Carl Icahn said he has sold his Apple stake. More >>

While you were sleeping: Icahn divests Apple

Friday, 29 April 2016, 6:52 am | BusinessDesk

April 29 (BusinessDesk) - Wall Street moved lower, giving up earlier gains, with Apple shares leading the turn after billionaire and activist investor Carl Icahn said he has sold his Apple stake. More >>

MARKET CLOSE: NZ shares rise; Sky TV, Fletcher Building gain

Thursday, 28 April 2016, 5:45 pm | BusinessDesk

MARKET CLOSE: NZ shares rise; Sky TV, Fletcher Building gain, Air NZ drops on oil recovery More >>

Volatile day for kiwi dollar as central banks drive action

Thursday, 28 April 2016, 5:36 pm | BusinessDesk

The New Zealand dollar fell to its lowest level in more than a week against the yen after the Bank of Japan surprised the market by not expanding its monetary stimulus, rounding out a day of volatility tied to central bank actions. More >>

Labour claims new Home-Start scheme "vastly underperforming"

Thursday, 28 April 2016, 5:36 pm | BusinessDesk

April 28 (BusinessDesk) - Labour has warned one of the government's policies to help first-time buyers is "vastly underperforming" and having little impact in Auckland, New Zealand's largest city. More >>

Six Social Entrepreneurs Shortlisted – Going to a Vote

Thursday, 28 April 2016, 5:22 pm | Akina Foundation

It’s been tough to get the shortlist down to six for the Rotary Club of Newmarket Social Enterprise Kick-start Award, run in conjunction with the Ākina Foundation. More >>

Decision to keep Huntly operating in NZ's best interest

Thursday, 28 April 2016, 5:22 pm | NZCID

“The announcement today that Genesis will retain the strategic electricity reserve at Huntly may not please everyone, but the importance of ensuring a stable electricity supply close to demand centres is paramount,” says Stephen Selwood of the New Zealand ... More >>

Better Home & Living Show

Thursday, 28 April 2016, 4:37 pm | Jade Promotions

Wellingtonians are invited to warm their homes, fire their imaginations and make the most of the red hot show-only specials at the Wellington Better Home & Living Show. The three day event has all the expert help and clever ideas needed to achieve ... More >>

Horticulture Welcomes Dam Progress

Thursday, 28 April 2016, 4:30 pm | Horticulture NZ

Horticulture New Zealand has welcomed the announcement of the progress made in funding for the Ruataniwha Dam project in Hawke’s Bay. The horticulture industry is reliant on sensible management of freshwater in New Zealand and the provision of water for ... More >>

Cross-border trade agreement means more investment choices

Thursday, 28 April 2016, 4:24 pm | Financial Markets Authority

New Zealand investors will benefit from more competition for their investment dollar and more choice of investment options as a result of an international agreement signed today. More >>

ARANZ Geo acquires Grade Control specialist Bloy

Thursday, 28 April 2016, 3:55 pm | ARANZ Geo Limited

CHRISTCHURCH, NZ., 28 April 2016 - ARANZ Geo Limited, a world leader in the interpretation and visualisation of geological data for the mining, environmental, renewable energy and other geologically dependent industries, has acquired Bloy Mineral Resource Evaluation ... More >>

Final call to merchants to upgrade terminals

Thursday, 28 April 2016, 3:53 pm | Paymark

As the end of April rapidly approaches, Paymark is reminding those few remaining retail merchants to upgrade those EFTPOS terminals still running Version 6.0 software, as it will cease to function fromApril 30. More >>

PledgeMe.Lend gearing up for launch

Thursday, 28 April 2016, 3:50 pm | PledgeMe

PledgeMe.Lend gearing up for launch PledgeMe CEO Anna Guenther announced today that their licence application to provide peer-to-peer lending has been approved by the Financial Markets Authority, with the licence to be granted once the final prerequisite ... More >>

New online financial problem-solving platform for farmers

Thursday, 28 April 2016, 3:39 pm | Crowe Horwath

Earlier this month accounting and business advisory firm Crowe Horwath announced the launch of the online platform, ASK Crowe Horwath. More >>

World Premiere ‘a Billion Lives’ – in New Zealand

Thursday, 28 April 2016, 3:23 pm | New Zealand Vaping Alliance

The New Zealand Vaping Alliance is very pleased that the documentary ‘A Billion Lives’ is having its world premiere in Wellington, 11 May 2016. More >>

Unisys Appoints Director of Field Marketing, Asia Pacific

Thursday, 28 April 2016, 3:14 pm | Unisys

WELLINGTON, 28 April, 2016 – Unisys Corporation (NYSE: UIS) today announced the appointment of Belinda Hilberts as director of field marketing, Unisys Asia Pacific. More >>

Meat the Neighbours

Thursday, 28 April 2016, 3:11 pm | Moa Brewing

A true testament to fire, food (meat) and beer, Miss Moonshines and Moa Brewing Co. bring you their inaugural Meat the Neighbours evening. More >>

Sustainable Travel in 2016

Thursday, 28 April 2016, 3:04 pm |, the global leader in connecting travelers with the widest choices of places to stay, has revealed findings from its global Sustainable Travel Report[i] , identifying what the term “sustainable travel” means to consumers, how sustainable ... More >>


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