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MARKET CLOSE: NZ shares rally on A2 forecast

Wednesday, 26 April 2017, 9:24 pm | BusinessDesk

April 26 (BusinessDesk) - New Zealand shares rose, joining a global rally, with A2 Milk up after raising its full-year revenue guidance, Fletcher Building and Tegel Group climbing from their recent lows and Spark rising on demand for its attractive ... More >>

Oji suspends tender for Kinleith, Kawerau mills until June

Wednesday, 26 April 2017, 9:23 pm | BusinessDesk

April 26 (BusinessDesk) - Oji Fibre Solutions, which bought Carter Holt Harvey’s pulp, paper and packaging businesses in 2014, will put off a tender for wood processing services at its Kinleith and Kawerau mills until a full court hearing in June after ... More >>

NZ dollar falls as US tariffs on Canadian lumber raise fears

Wednesday, 26 April 2017, 9:22 pm | BusinessDesk

April 26 (BusinessDesk) - The New Zealand dollar fell as the imposition of new tariffs on Canadian lumber exports to the US stoked fears about what growing trade protections will have on trade-orientated nations. More >>

New Zealand provides dam safety expertise to Viet Nam

Wednesday, 26 April 2017, 9:21 pm | BusinessDesk

April 26 (BusinessDesk) - New Zealand will spend $5.4 million in the latest phase of a project that will this country's expertise to help ensure dam safety in Viet Nam. More >>

World Fair Trade Day at Trade Aid Wellington - 13th May 2017

Wednesday, 26 April 2017, 5:24 pm | Trade Aid

New Zealanders have helped 511,520 talented people around the world improve their lives through fair trade over the last year, and Trade Aid is having a nationwide celebration to say Thank you. More >>

EcoMatters Launches CO.STARTERS for Causes

Wednesday, 26 April 2017, 4:55 pm | Ecomatters Environment Trust

EcoMatters Environment Trust is excited to launch CO.STARTERS for Causes, an internationally proven platform that helps participants grow social enterprise in their local community. The nine-week programme equips aspiring social entrepreneurs with the insights, relationships, ... More >>

Clear disregard for the safety of workers and others

Wednesday, 26 April 2017, 4:46 pm | WorkSafe NZ

Sub-optimal demolition work of three residential buildings placed workers and neighbours at significant risk of asbestos exposure and landed the home owner with a large clean-up bill. More >>

Govt throws another $18 million at Chch hospital

Wednesday, 26 April 2017, 4:41 pm | BusinessDesk

April 26 (BusinessDesk) - Health Minister Jonathan Coleman has signed off on spending an extra $18 million for the Christchurch hospital acute services building, which is dealing with a nationwide issue of rising construction costs. More >>

First National sees house prices, listings, up in regions

Wednesday, 26 April 2017, 4:38 pm | First National

First National Real Estate Chief Executive, Bob Brereton, says a steady increase in both listings and sales prices, around New Zealand, supports the view that the property market may be about to take off again after several subdued months. More >>

NZ’s largest logging industry event planned for June

Wednesday, 26 April 2017, 4:21 pm | Forest Industry Engineering Association

The New Zealand forestry industry set a new record last year for the annual forest harvest. There is no denying the fact that the sector is on a high right now. On the back of booming log exports to China, low shipping rates and strong domestic ... More >>

New Zealand brands take on Chinese trade event

Wednesday, 26 April 2017, 4:17 pm | Grin Natural Products

New Zealand natural oral care brand, Grin Natural Products, joins local brands to promote New Zealand products to Chinese customers. More >>

Markets Focus On ECB, Trump Tax Plan, Debt Ceiling & Macron

Wednesday, 26 April 2017, 4:14 pm | ThinkMarkets

1-) Don’t Write Off Le Pen Just Yet The polling data was accurate in the first round of the presidential election in France but that does not rule out a margin of error for the second round. This is a major threat because Le Pen’s party could ... More >>

Oji Gives Court Undertaking To Suspend Tender Process

Wednesday, 26 April 2017, 4:10 pm | Oji Fibre Solutions

26 April 2017 Oji Fibre Solutions Gives Court Undertaking To Suspend Tender Process On Monday 24 April Oji Fibre Solutions gave undertakings to the Auckland High Court to suspend a tendering process for wood processing services at its Kinleith and Kawerau ... More >>

Fresh Start with Nadia by My Food Bag

Wednesday, 26 April 2017, 3:22 pm | My Food Bag

Fresh Start with Nadia is the brand-new product range from My Food Bag designed specifically for people who want to lose and manage their weight. More >>

NZ annual net migration shows no sign of cooling

Wednesday, 26 April 2017, 2:26 pm | BusinessDesk

April 26 (BusinessDesk) - New Zealand annual net migration hit a fresh record in the year to March as migrants continue to flock to the country. More >>

Tax predictability is key to driving investment

Wednesday, 26 April 2017, 2:21 pm | Deloitte

New Zealand well placed against backdrop of increased uncertainty in Asia Pacific’s tax landscape More >>

Geoff Bascand to take over as RBNZ financial stability head

Wednesday, 26 April 2017, 2:08 pm | BusinessDesk

April 26 (BusinessDesk) - Reserve Bank deputy governor Geoff Bascand will take charge of the monetary authority's financial stability function when Grant Spencer fills in as governor in September. More >>

Availability Gap Inhibits Digital Transformation

Wednesday, 26 April 2017, 2:02 pm | CIO New Zealand

CIO Research Shows: Availability Gap Inhibits Digital Transformation and Costs Enterprises $21.8M Each Year More >>

Electricity Authority dumps transmission pricing modelling

Wednesday, 26 April 2017, 1:23 pm | BusinessDesk

April 26 (BusinessDesk) - The Electricity Authority is ditching the cost-benefit analysis at the heart of its controversial attempt to find a new way to divide up costs for the national grid after finding an expanding range of serious computational ... More >>

Entrust calls on EA to review all TPM methodology

Wednesday, 26 April 2017, 12:50 pm | Entrust

The Electricity Authority should completely review its transmission pricing methodology instead of only focusing on reviewing its flawed cost benefit analysis, says Entrust Chairman, William Cairns. More >>

Entec presents Gas Detection solutions

Wednesday, 26 April 2017, 12:48 pm | Entec

Entec presented at the Taupo Business Safety Forum last month after receiving an invitation to feature their products at the event. Entec specialises in mechanical, instrumentation, electrical and gas detection solutions for New Zealand’s industry. More >>

Erik Hay welcomed as new Creative Director

Wednesday, 26 April 2017, 12:33 pm | Little Giant

Erik held creative leadership roles at Saatchi & Saatchi London, Publicis Melbourne and Clemenger BBDO Wellington before a two-year stint running a fourteen-strong team at Weta Workshop in Wellington. He brings to Little Giant extensive experience in ... More >>

2017 Symposium all about connecting rural New Zealand

Wednesday, 26 April 2017, 12:31 pm | TUANZ

The Rural Connectivity Symposium is back for 2017, on 23rd May at the Westpac Stadium in Wellington. More >>

New roastery business in Hawke's Bay

Wednesday, 26 April 2017, 12:16 pm | Eastern Institute of Technology

Building on business and barista skills gained at EIT, Ethan Phillips is developing his recently established coffee roastery in Napier. More >>

A2 Milk posts third-quarter sales that beat its projection

Wednesday, 26 April 2017, 12:05 pm | BusinessDesk

April 26 (BusinessDesk) - A2 Milk Co's third-quarter sales beat expectations as Chinese and Australian demand outstripped the milk marketer's projections and the company sees annual revenue jumping by almost 49 percent. More >>

New Executive Chef to showcase local produce in Christchurch

Wednesday, 26 April 2017, 12:03 pm | Crowne Plaza

The new Crowne Plaza Christchurch is promising to showcase the best fresh local produce the city and region have to offer in its brand-new café, bar and restaurant. More >>

Air New Zealand again NZ’s most reputable company

Wednesday, 26 April 2017, 11:58 am | AMR

April 26, 2017: The reputational strength of both Air New Zealand and Toyota continues, with the latest NZ Corporate Reputation Index results ranking them 1st and 2nd respectively, the fourth year running the organisations have been in the top 2. More >>

NZ dollar drops vs greenback

Wednesday, 26 April 2017, 11:48 am | BusinessDesk

April 26 (BusinessDesk) - The New Zealand dollar tumbled against the greenback in a selloff of commodity-linked currencies after US President Donald Trump's administration imposed duties on Canadian softwood, and extend its slide against the euro on relief ... More >>

Household Labour Force Survey Est. Working-age Population

Wednesday, 26 April 2017, 11:48 am | Statistics New Zealand

This table provides the working-age population estimate of the usually resident, non-institutionalised, civilian population of New Zealand aged 15 years and over. This estimate is the benchmark figure for the number of people in the labour market ... More >>

Leading edge technologies to deliver new ways of working

Wednesday, 26 April 2017, 11:43 am | Joint Press Release

The Christchurch Justice and Emergency Services Precinct will be fitted with the latest cloud-based and wireless telecommunications technology under an agreement recently signed between the Ministry of Justice and Spark. More >>

Migrant arrivals at new record of 129,500 a year

Wednesday, 26 April 2017, 10:54 am | Statistics New Zealand

Migrant arrivals numbered 129,500 in the March 2017 year, a new annual record, Stats NZ said today. Migrant departures were 57,600 in the 12 months to March 2017. This led to a record annual net gain in migration of 71,900, which surpasses the previous ... More >>

Great Wall Motors ute fails safety grade – AA

Wednesday, 26 April 2017, 10:49 am | Automobile Association

Those in the market for a new ute should avoid the Great Wall Motors Steed if buyers value safety performance. More >>

Air NZ has #1 reputation on both sides of the Tasmam

Wednesday, 26 April 2017, 10:48 am | Air New Zealand

26 April 2017 Air New Zealand has #1 reputation on both sides of the Tasman More >>

Reserve Bank Head of Financial Stability appointed

Wednesday, 26 April 2017, 10:32 am | Reserve Bank

Deputy Governor Geoff Bascand has been appointed Head of Financial Stability and Deputy Chief Executive of the Reserve Bank, Governor Graeme Wheeler and Acting Governor-designate Grant Spencer announced today. Mr Bascand will take up the role on 27 September, ... More >>

Inland Revenue accepts mobile calls to all 0800 numbers

Wednesday, 26 April 2017, 10:21 am | Inland Revenue Department

Inland Revenue now accepts mobile phone calls to all of its 0800 numbers More >>

City Care wins Auckland Council RIMA FM/Parks contract

Wednesday, 26 April 2017, 10:18 am | City Care Ltd


Earthquake engineering experts gather in Wellington

Wednesday, 26 April 2017, 10:04 am | NZ Society for Earthquake Engineering

Experts from New Zealand and around the world will attend the New Zealand Society for Earthquake Engineering’s annual technical conference in Wellington this week. More >>

How often do you wash your sheets?

Wednesday, 26 April 2017, 9:56 am | Canstar Blue

Auckland, 26 April 2017. Latest Canstar Blue survey reveals one in two people don’t wash their bedding every week. More >>

While you were sleeping: Caterpillar, McDonald’s rally

Wednesday, 26 April 2017, 9:43 am | BusinessDesk

April 26 (BusinessDesk) - Wall Street advanced, with the Nasdaq touching a record-high, bolstered by better-than-expected corporate results including from Caterpillar and McDonald’s. More >>

EA to prepare cost-benefit analysis as part of TPM review

Wednesday, 26 April 2017, 9:42 am | Electricity Authority

The Electricity Authority has decided to prepare a new cost-benefit analysis as part of its review of Transmission Pricing Methodology (TPM) guidelines, which will push the timetable for a final decision into 2018. More >>

Re:START name set to disappear

Wednesday, 26 April 2017, 9:37 am | PerceptionPR

When the Re:START container mall brand finishes this Sunday (April 30), it will be met with a mixture of emotions by departing retailers and the Re:START the Heart Trust. More >>

Pop-up Globe a bridge to careers for young people

Wednesday, 26 April 2017, 9:23 am | Make Lemonade

Pop-up Globe, the world’s first temporary working replica of Shakespeare’s theatre, is providing a real boost in employment for many young events and hospitality people, ICE Events, a leading New Zealand events and hospitality career consultancy company ... More >>

Ford Mustang Best-Selling Sports Car on the Planet for 2016

Wednesday, 26 April 2017, 9:20 am | Ford New Zealand

Ford Mustang has been the best-selling sports car in the United States over the last 50 years, and now, thanks to growth in international markets, the iconic pony car is the most popular sports car in the world, according to Ford analysis of IHS Markit ... More >>

Businesses back immigration reductions as economy steadies

Wednesday, 26 April 2017, 9:07 am | MYOB

More New Zealand business owners back cuts to immigration levels over those that want to keep current settings according to the latest research by leading accounting software provider MYOB. More >>

HiFX Morning Update, April 26 2017

Wednesday, 26 April 2017, 8:48 am | HiFX

The NZD has been the worst performer of the G10 currencies and it’s difficult to see why. After failing to break up through 0.7050 resistance against the USD on Monday the NZD quickly reversed lower. Despite improved risk sentiment after the French ... More >>

Cheapflights launches ‘EscEscape’

Tuesday, 25 April 2017, 11:55 am | Cheapflights

Just double tap ‘Esc’ for flight search suggestions Global flight search and travel deals website, Cheapflights, has given ‘Esc’ keyboard keys everywhere a new lease of life with the launch of its innovative ‘EscEscape’ (pronounced ... More >>

MARKET CLOSE: NZ shares rise before Anzac Day

Monday, 24 April 2017, 8:53 pm | BusinessDesk

April 24 (BusinessDesk) - New Zealand shares rose ahead of Tuesday's Anzac Day holiday. Chorus led the advance on news it will be added to the S&P/ASX 200 Index and Fletcher Building extended its gains after touching a 12-month low last week. More >>

ERoad says annual loss widened in 2017

Monday, 24 April 2017, 8:52 pm | BusinessDesk

April 24 (BusinessDesk) - ERoad says its annual loss widened in the 2017 financial year as a boost to investment in the US and changes to the way it amortises development costs weighed on the bottom line, even as sales continued to grow. More >>

NZ dollar rises against greenback on global relief

Monday, 24 April 2017, 8:51 pm | BusinessDesk

NZ dollar rises against greenback on global relief over first French vote, falls vs euro More >>

Chorus joins ASX 200 - now with 8 NZX-listed Kiwi firms

Monday, 24 April 2017, 5:10 pm | BusinessDesk

Chorus joins ASX 200, bringing to 8 the number of NZX-listed Kiwi firms in Aussie benchmark More >>

Brownlee takes Foreign Minister post in Cabinet reshuffle

Monday, 24 April 2017, 4:31 pm | BusinessDesk

April 24 (BusinessDesk) - Gerry Brownlee is to be the new Minister of Foreign Affairs, replacing Murray McCully, while Education Minister Hekia Parata will be replaced, as expected, by her current associate minister, Nikki Kaye. More >>

Environmental groups weigh action over 'flawed' hearing

Monday, 24 April 2017, 3:23 pm | BusinessDesk

April 24 (BusinessDesk) - Environmental groups Kiwis Against Seabed Mining and Greenpeace may apply for a judicial review of Trans Tasman Resources' bid to mine iron sands from the ocean floor in New Zealand's Exclusive Economic Zone, arguing the process ... More >>

Strong presence at World Expo 2020 vital, says FGC

Monday, 24 April 2017, 3:20 pm | Food and Grocery Council

Having a strong presence at World Expo 2020 in Dubai is a vital part of New Zealand’s strategy to diversify and to strengthen other growing markets for food products and services, says NZ Food and Grocery Council Chief Executive Katherine Rich. More >>

Zespri forecasts record profit from Gold3 licence revenue

Monday, 24 April 2017, 3:12 pm | BusinessDesk

April 24 (BusinessDesk) - Zespri International, the country's kiwifruit export marketing body, expects to post a record profit this year due to increased revenue from the allocation of licences to grow the Gold3 variety. More >>

Door-to-door farm visits welcomed as floodwaters recede

Monday, 24 April 2017, 2:49 pm | Ministry For Primary Industries

Teams from the local Rural Support Trust and Red Cross have been documenting destroyed pastures, damaged homes and inundated orchards, as they carry out assessment visits to flood-affected farms and orchards in the Bay of Plenty. More >>

Canterbury's leading agritech companies showcase solutions

Monday, 24 April 2017, 2:44 pm | Lincoln Hub

Canterbury's leading agritech companies, who contribute to the country's $3 billion agtech sector, will be showcasing their solutions to increase productivity and profitability in agriculture, at a TechWeek event on 10 May 2017. More >>

Final Issue of NZ Musician

Monday, 24 April 2017, 2:09 pm | NZ Musician

After 29 years and 172 issues the publishers of NZ Musician have announced that the April/May 2017 issue will be the magazine’s final regular publication. More >>

Three companies approved for linewide CRL systems tender

Monday, 24 April 2017, 1:48 pm | Auckland Transport

24 April 2017 Three companies approved for linewide CRL systems tender Three companies have been shortlisted to tender for linewide systems integration, testing and commissioning for the City Rail Link. There were eight international expressions of interest for ... More >>

NZ log volumes hurt by recent stormy weather

Monday, 24 April 2017, 1:11 pm | BusinessDesk

April 24 (BusinessDesk) - New Zealand log supply will likely be curbed by recent stormy weather, as cyclones dented local production and disrupted sea freight. More >>

Gentrack buys controlling stakes in airport software firms

Monday, 24 April 2017, 12:58 pm | BusinessDesk

April 24 (BusinessDesk) - Gentrack Group wants to double earnings from its airport software business by 2019 after buying controlling stakes in two European companies for some $19.8 million. More >>


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