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Latest Business Headlines

MARKET CLOSE: NZ shares rise as investors hunt yield

Wednesday, 3 September 2014, 5:49 pm | BusinessDesk

Sept. 3 (BusinessDesk) - New Zealand shares rose, paced by Meridian Energy and Tower, as investors sought out higher yields amid rising political uncertainty ahead of this month's general election. More >>

NZ dollar falls as US, Aust economic data weighs

Wednesday, 3 September 2014, 5:20 pm | BusinessDesk

Sept. 3 (BusinessDesk) - The New Zealand dollar fell as upbeat US and Australian economic data sapped demand for the kiwi, and after another drop in dairy prices eroded confidence in the strength of the nation's biggest export commodity. More >>

Pressure on Work and Income staff not OK

Wednesday, 3 September 2014, 5:16 pm | Auckland Chamber of Commerce

“It is not acceptable for Work and Income staff to be bullied or threatened, regardless of a person’s situation,” says Michael Barnett, Chief Executive of the Auckland Chamber of Commerce. More >>

Nescafe Dolce Gusto Capsules Now Given a Second Life

Wednesday, 3 September 2014, 5:00 pm | TerraCycle

3 September 2014 – The NESCAFE(R) Dolce Gusto(R) Team has joined with global recycling and upcycling pioneers TerraCycle(R) on a programme to recycle used coffee capsules. More >>

Reaction to Labour's housing policy

Wednesday, 3 September 2014, 4:47 pm | NZ Property Investors' Federation

The NZ Property Investors' Federation is pleased that Labour will engage with them in talks about improving tenure for tenants. While some tenants want long term tenure, many more prefer the flexibility that renting brings. For any new policy to work, ... More >>

Fonterra food safety practice still improving, says report

Wednesday, 3 September 2014, 4:05 pm | BusinessDesk

Sep. 3 (BusinessDesk) - Fonterra Cooperative Group, the world's biggest dairy exporter, is on track in lifting the quality of its food safety processes, nine months after an independent review into its handling of last year's false alarm food scare. More >>

Rock Lobster Industry Welcomes Prime Minister’s Pledge

Wednesday, 3 September 2014, 4:02 pm | NZ Rock Lobster Industry Council

The New Zealand Rock Lobster Industry Council has today praised the National Party pledge to spend $100 million over 10 years to buy and retire farmland next to waterways to provide a buffer and improve water quality. More >>

Spark warns customers of fraudulent phone calls

Wednesday, 3 September 2014, 3:50 pm | Spark

Spark has become aware that some of its customers have been contacted by fraudsters claiming to be from Spark. The fraudsters are reportedly telling customers that their Spark services are about to be cut off because of security issues and then asking ... More >>

Single visa promises good innings for tourism

Wednesday, 3 September 2014, 3:42 pm | Tourism Industry Association

A new single visa that can be used by fans visiting Australia and New Zealand for the 2015 Cricket World Cup will be a boost for the tourism industry, the Tourism Industry Association New Zealand (TIA) says. More >>

Regus Provide Work-Ready Offices in Wellington

Wednesday, 3 September 2014, 3:19 pm | Regus Group

The Regus commitment is to provide a global network of office space, on-demand meeting facilities, business lounges and virtual offices without risk and with no up-front capital expenditure. People can now focus on commercial plans, not floor plans, freeing ... More >>

Seeka offers kiwifruit growers share incentive for supply

Wednesday, 3 September 2014, 3:17 pm | BusinessDesk

Sept. 3 (BusinessDesk) - Seeka Kiwifruit Industries, the fruit grower and coolstore and packhouse operator, is looking to secure kiwifruit supply over the next three years by offering growers shares in return for exclusive supply from their orchards. More >>

Labour-Greens closing on National in latest Roy Morgan poll

Wednesday, 3 September 2014, 3:11 pm | BusinessDesk

Sept. 3 (BusinessDesk) - Just three percentage points separate the governing National Party from the combined vote of Labour and Green party supporters in the latest Roy Morgan opinion poll, its second to last before polling day, Sept. 20. More >>

As farmers are excluding stock, why regulate?

Wednesday, 3 September 2014, 2:55 pm | Federated Farmers

With the water quality of New Zealand’s water bodies generally stable to improving, using the law to enforce stock exclusion from the start of the 2017/18 season implies the Sustainable Dairying: Water Accord has failed, when in fact, it has been an outstanding ... More >>

Waikato-Tainui, SODA Inc. partnership

Wednesday, 3 September 2014, 2:45 pm | Waikato Tainui

Waikato-Tainui partners with SODA Inc. to create employment opportunities and encourage Maaori entrepreneurship. On 14 August 2014, Waikato-Tainui signed a partnership agreement with SODA Inc. to foster Maaori business growth and acumen through scholarships and ... More >>

SMEG Proud to Announce Brand Ambassador Vanessa Baxter

Wednesday, 3 September 2014, 2:42 pm | SMEG New Zealand

SMEG New Zealand is delighted to announce Masterchef New Zealand finalist Vanessa Baxter as a key ambassador for the iconic brand. Vanessa will be popping up around the country over the next few months to cook up a storm for SMEG; showcasing her ... More >>

Make it easier to sell to the growing Chinese market

Wednesday, 3 September 2014, 2:37 pm | Smartpay NZ Ltd

Make it easier to sell NZ services and products to the growing Chinese market – Smartpay More >>

Police arrest and charge over death of forestry worker

Wednesday, 3 September 2014, 2:35 pm | New Zealand Council of Trade Unions

Today Levin Police have arrested and charged a man with manslaughter in relation to the death of Lincoln Kidd. Lincoln was killed when a tree was felled on him during a tree felling operation on 19 December 2013. More >>

Kordia turns to a loss in 2014

Wednesday, 3 September 2014, 2:35 pm | BusinessDesk

Kordia turns to a loss on difficult trading in Australia, end of NZ analogue revenue More >>

New Sales & Marketing Appointment at Hutchwilco

Wednesday, 3 September 2014, 2:26 pm | Hutchwilco

New Zealand’s leading manufacturer and distributor of quality marine safety equipment, recreational and performance watersports products Hutchwilco Limited, has expanded its sales & marketing team for the New Zealand market with the appointment of ... More >>

Brother’s New Inkjet All-in-One Range Means Business

Wednesday, 3 September 2014, 2:24 pm | Brother NZ

Print, imaging and technology specialist Brother has launched a new benchmark in inkjet business printing. This innovative range boasts a host of impressive benefits for businesses, including the lowest print cost compared to all other brands in the ... More >>

Auckland Housing Market Puts Spring Lift On Hold

Wednesday, 3 September 2014, 2:23 pm | Barfoot and Thompson

With the approach of the General Election, the Auckland housing market fell into a ‘wait and see’ mode in August, with the number of sales in the month falling by 7.5 percent to 909 and the average selling price falling by 1.1 percent to $711,768. ... More >>

IrrigationNZ applauds National’s Water Policy

Wednesday, 3 September 2014, 2:12 pm | Irrigation NZ

Irrigation New Zealand supports National’s 2014 Water Policy announced today which recognises the value of irrigation and which continues to place the responsibility of cleaning up New Zealand’s waterways with the community. More >>

Nescafé® Dolce Gusto® Capsules Now Given a Second Life

Wednesday, 3 September 2014, 2:10 pm | Nescafe

3 September 2014 - The NESCAFÉ® Dolce Gusto® Team has joined with global recycling and upcycling pioneers TerraCycle® on a programme to recycle used coffee capsules. More >>

NHNZ Launches New Enterprises Division

Wednesday, 3 September 2014, 2:09 pm | NHNZ

Last month saw NHNZ launch NHNZ Enterprises – a new corporate division that will bring NHNZ’s in-house expertise to private businesses. More >>

Supermodel Jessica Hart Gets Playful With Portmans

Wednesday, 3 September 2014, 2:00 pm | Portmans

Monday 1 September, 2014: As the season changes and with temperatures set to rise, Portmans celebrates Spring Summer 14 with a new collection that is pretty, playful and polished. With New York City as her catwalk, the new campaign features Portmans ... More >>

Certainty for customers a prime advantage

Wednesday, 3 September 2014, 1:59 pm | BBC Technologies

Hong Kong, September 3rd - New Zealand company BBC Technologies will be consolidating business operations in Asia this week as the company matches its world-leading capability in solutions for the horticulture industry with spiralling demand in the fast growing ... More >>

Yeastie Boys win big in Hong Kong

Wednesday, 3 September 2014, 1:49 pm | Yeastie Boys

New Zealand brewing company Yeastie Boys pulled off another big win in Asia, when their porter – Pot Kettle Black – beat more than 400 beers from around the world to be crowned Champion Beer at yesterday’s Hong Kong International Beer Awards. More >>

Independent Inquiry Welcomes Fonterra Progress

Wednesday, 3 September 2014, 1:42 pm | Fonterra Board Independent Inquiry Committee

The Independent Inquiry Committee which reviewed the circumstances giving rise to the precautionary recall of whey protein concentrate (WPC80) last year has welcomed Fonterra’s progress on implementing recommended improvements. More >>

Desire to drive terrific visitor experience triggers tour

Wednesday, 3 September 2014, 1:18 pm | ServiceIQ

Travelling the North Island for two months in an attention getting black and gold campervan is the result of a desire to make the Kiwi visitor experience world class and world beating to boot. More >>

FoodHQ new strategic partner for NZ Food Awards

Wednesday, 3 September 2014, 1:07 pm | Massey University

The New Zealand Food Awards strategic partner team has been boosted by the addition of FoodHQ to the line-up. More >>

New Zealand hotel prices experience strong rebound

Wednesday, 3 September 2014, 1:05 pm | Hotels.com

New Zealand hotel prices experience strong rebound • New Zealand hotel prices rise by 7%, above global increase of 4% • 98% of Kiwi destinations analysed see increase in hotel prices More >>

AA SMARTFUEL wins second gong at NZ Marketing Awards

Wednesday, 3 September 2014, 1:02 pm | AA Smartfuel

Rocketing from obscurity to 1.7 million cardholders in a remarkably short time frame, there’s little doubt AA Smartfuel is one of New Zealand’s most exciting loyalty programme success stories – and this success was recognised at the recent TVNZ ... More >>

Campaign invites Aussies to road trip the South Island

Wednesday, 3 September 2014, 12:39 pm | Christchurch Airport

The South Island tourism industry has a new message for its Australian neighbours: from the West Coast to Wanaka, Marlborough to Queenstown and Southland and everything in between – nothing beats a South Island Road Trip. Christchurch Airport and Tourism ... More >>

New Season Looking Positive for Sheep And Beef Farmers

Wednesday, 3 September 2014, 12:07 pm | Beef And Lamb NZ

New Zealand sheep and beef farmers can look forward to a positive 2014-15 season, according to analysis released by Beef + Lamb New Zealand’s (B+LNZ) Economic Service today. More >>

Building activity steady – Media release

Wednesday, 3 September 2014, 11:16 am | Statistics New Zealand

Building activity volume showed a small increase in the June 2014 quarter, Statistics New Zealand said today. More >>

NZ building work activity edges up in June quarter

Wednesday, 3 September 2014, 11:14 am | BusinessDesk

Sept. 3 (BusinessDesk) - New Zealand building work edged up in the second quarter as increased activity in non-residential construction offset flat activity in housing. More >>

Contract to provide major boost to NZ search and rescue

Wednesday, 3 September 2014, 10:58 am | Maritime New Zealand

Maritime New Zealand (MNZ) and the Australian Maritime Safety Authority (AMSA) have signed a contract that will provide a major boost to search and rescue (SAR) in the region. More >>

Auckland house sales drop in August

Wednesday, 3 September 2014, 10:54 am | BusinessDesk

Sept. 3 (BusinessDesk) - Auckland house sales fell for a third month in August and the number of listings remained muted in the tail-end of winter and lead-up to this month's general election, according to realtor Barfoot & Thompson. More >>

Rural Equities doubles annual profit

Wednesday, 3 September 2014, 10:47 am | BusinessDesk

Sept. 3 (BusinessDesk) - Rural Equities, the farming group controlled by the Cushing family, doubled annual profit and lifted its dividend 17 percent on the back of record dairy production and prices. More >>

NZX trading volumes rise in August, as equity offsets debt

Wednesday, 3 September 2014, 10:22 am | BusinessDesk

NZX trading volumes rise in August, as increase in equity trades outweigh decline in debt trading More >>

Kirkcaldie sees narrower loss on retail, may need impairment

Wednesday, 3 September 2014, 9:29 am | BusinessDesk

Sept. 3 (BusinessDesk) - Kirkcaldie & Stains, the upmarket Wellington department store, says it made a narrower loss in the latest financial year, and its board may have to write down the value of assets. More >>

NZ dollar slips below 83 US cents on fall in dairy prices

Wednesday, 3 September 2014, 8:32 am | BusinessDesk

NZ dollar slips below 83 US cents on fall in dairy prices, upbeat US data More >>

While you were sleeping: Wall Street rally pauses

Wednesday, 3 September 2014, 7:32 am | BusinessDesk

Sep. 3 (BusinessDesk) - Wall Street fell, pushing the Standard & Poor’s 500 Index down from its record-high close, as shares of Home Depot dropped on reports of a credit card data breach, while those of Chevron slipped with the price of oil. More >>

Dairy product prices decline to lowest since July 2012

Wednesday, 3 September 2014, 5:46 am | BusinessDesk

Sep. 3 (BusinessDesk) - Dairy product prices dropped to the lowest level since July 2012 in the latest GlobalDairyTrade auction, led by a slump in rennet casein and butter milk powder. More >>

Forte Funds share purchases prompt disclosure notices

Tuesday, 2 September 2014, 6:45 pm | BusinessDesk

Sep. 2 (BusinessDesk) - Recent purchases by four-month old Forte Funds Management, run by former deputy head of equities AMP Capital John Phipps and ex-Harbour Asset Management strategist Darryl Briggs, has prompted disclosure notices from Skellerup ... More >>

Lee Tamahori seeks $500k through crowd-funding

Tuesday, 2 September 2014, 6:42 pm | BusinessDesk

Sept. 2 (BusinessDesk) - A new film to be directed by Lee Tamahori is hoping to raise the final 5.3 percent of its $9.4 million budget via equity crowd funding on the Snowball Effect platform, offering investors preferred shares with a 20 percent per ... More >>

SWUG Award Winners

Tuesday, 2 September 2014, 6:02 pm | SWUG

The Gisborne Herald, PMP Print and APN Print Ellerslie took out the major honours in the 2014 SWUG Quality Awards, with The Gisborne Herald and PMP Print snaring two top awards each. More >>

SWUG Apprentice of the Year 2014

Tuesday, 2 September 2014, 6:01 pm | SWUG

APN Print Ellerslie’s Molisi Saulala is the 2014 SWUG Apprentice of the Year Molisi was chosen for the top award, with PMP Print’s Faanuualii Suafoa taking the runner-up position. More >>

Tax changes will affect tenants

Tuesday, 2 September 2014, 5:49 pm | NZ Property Investors' Federation

The arguments for a Capital Gains Tax (CGT) have so far focused on tax equality, increasing tax revenue and reducing house prices. The Labour Party must have undertaken research into the effect on rental prices of their tax policies, but this hasn't ... More >>

MARKET CLOSE: NZ shares rise, led by A2, Ebos, Fletcher

Tuesday, 2 September 2014, 5:33 pm | BusinessDesk

Sept. 2 (BusinessDesk) - New Zealand shares rose, led by A2 Milk Co, Ebos Group and Fletcher Building, as companies with Australian business benefited from a falling kiwi dollar. More >>

Productive meeting with Lyttelton Port company

Tuesday, 2 September 2014, 5:30 pm | WorkSafe NZ

WorkSafe New Zealand has today held productive meetings with the Lyttelton Port of Christchurch and the Rail and Maritime Transport Union. More >>

Australian dollar above 'fundamental value', RBA says

Tuesday, 2 September 2014, 5:18 pm | BusinessDesk

Sept. 2 (BusinessDesk) - The Reserve Bank of Australia strengthened its language on the Australian dollar, saying the currency was high relative to fundamental value, while at the same time sounding more upbeat about the local economy. More >>

NZ dollar little changed vs. A$ as RBA keeps rates on hold

Tuesday, 2 September 2014, 5:16 pm | BusinessDesk

Sept. 2 (BusinessDesk) - The New Zealand dollar was little changed against its trans-Tasman counterpart after the Reserve Bank of Australia kept rates on hold, while becoming a little more pessimistic about the nation's labour market. More >>

Launch of the Australasian EPD Programme

Tuesday, 2 September 2014, 4:53 pm | Life Cycle Association of New Zealand

Wellington – 2 September 2014: The Life Cycle Association of New Zealand (LCANZ) announced today that the Australasian Environmental Product Declaration (EPD) Programme has been launched at the New Zealand Life Cycle Assessment Conference in Wellington ... More >>

New Zealand Set to Sail into a Busy Cruise Season

Tuesday, 2 September 2014, 4:16 pm | MG Media

New Zealand ports will welcome a flotilla of cruise ships over the coming months, with more than 560 ship visits scheduled around the nation, according to the peak cruise industry body. More >>

Compac Sorting Equipment win prestigious international award

Tuesday, 2 September 2014, 4:10 pm | Compac Sorting Equipment

Tuesday 2 September 2014, Auckland Compac Sorting Equipment’s success as a world leader in horticulture postharvest technology has recently been recognised by the International Society for Horticultural Science (ISHS). Compac was awarded the inaugural ... More >>

New E-Incident Management Project Kicks into Action!

Tuesday, 2 September 2014, 3:58 pm | South Island Alliance

Work has now commenced on a new electronic incident management system for South Island DHBs; a project which promises to improve patient safety outcomes and support a reduction in all types of risk for DHB patients, staff and visitors across the region. More >>

Maori Business Conference Serving up Success in Whanganui

Tuesday, 2 September 2014, 3:34 pm | Federation Of Maori Authorities

Maori success in business is on the menu this year at the 27th annual Federation of Maori Authorities National Conference. The conference boasts a superb banquet dinner designed by the MasterChef 2014 winners Karena and Kasey Bird. The dinner ... More >>

MediaPA, announces new Chicago based client – GM Scientific

Tuesday, 2 September 2014, 3:33 pm | Media PA

Leading Hamilton Social Media and Public Relations Company MediaPA has clinched a significant global online marketing deal to provide its unique marketing and PR services to a multi- million dollar United States business. More >>

SFO charges MightyRiverPower engineer with $2 mln fraud

Tuesday, 2 September 2014, 2:56 pm | BusinessDesk

Sept. 2 (BusinessDesk) - The Serious Fraud Office has charged a MightyRiverPower engineer of fraudulently issuing invoices totalling $2 million. More >>

 

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