Most Read | Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Latest Business Headlines

NZ’s rapport with China set to bloom in Trump era

Saturday, 21 January 2017, 12:05 pm | Massey University

New Zealand farmers may be miffed that Donald Trump’s presidency spells the end of the Trans-Pacific Partnership (TPP) trade agreement and the opportunities it promised. More >>

MARKET CLOSE: NZ shares edge lower on thin volumes

Saturday, 21 January 2017, 11:24 am | BusinessDesk

MARKET CLOSE: NZ shares edge lower on thin volumes Trump inauguration awaited; NZ Refining falls More >>

New Zealand dollar continues to make headway vs greenback

Saturday, 21 January 2017, 11:23 am | BusinessDesk

Jan. 20 (BusinessDesk) - The New Zealand dollar continued to gain against the US dollar today as the greenback slipped ahead of US president-elect Donald Trump's inauguration. More >>

Judge allows change of trustees in Low family case

Saturday, 21 January 2017, 11:22 am | BusinessDesk

Judge allows change of trustees in Low family case, US$265 mln in assets now in contention More >>

S&P affirms New Zealand's 'AA' credit rating

Saturday, 21 January 2017, 11:21 am | BusinessDesk

S&P affirms New Zealand's 'AA' credit rating on solid economy, fiscal prudence; kiwi gains More >>

Willie Jackson, Norm Dewes, Willie Te Aho to fisheries trust

Friday, 20 January 2017, 5:08 pm | BusinessDesk

Jan. 20 (BusinessDesk) - Te Ohu Kaimoana, which oversees Māori fisheries assets, has named Willie Jackson, Norm Dewes and Willie Te Aho to the board of a $20 million trust for unaffiliated Māori after a successful challenge to the appointment of ... More >>

Changes to TranzAlpine service

Friday, 20 January 2017, 5:06 pm | KiwiRail

KiwiRail is offering day trips from Christchurch to Arthur’s Pass on its popular TranzAlpine service after Wednesday’s weather bomb cut road and rail links. More >>

Fonterra Welcomes Fresh Trade And Investment Discussions

Friday, 20 January 2017, 4:12 pm | Fonterra

Fonterra has welcomed the announcement that New Zealand and Sri Lanka will progress discussions on new trade and investment opportunities, including the possibility of a FTA down the track. The announcement came today after a meeting between New ... More >>

Million passenger milestone for Queenstown

Friday, 20 January 2017, 4:02 pm | Air New Zealand

Air New Zealand is celebrating a new milestone, with the news that it carried a million domestic passengers to and from the popular tourist destination of Queenstown in 2016. The airline reached the milestone for the first time late last year with 163,000 ... More >>

Judge to rule in favour of replacing trustees

Friday, 20 January 2017, 4:00 pm | BusinessDesk

Jan. 20 (BusinessDesk) - The judge in the High Court hearing involving family members of Malaysian businessman Jho Low has indicated he will rule in favour of the plaintiffs, allowing the family members to have trustees replaced so they can fight attempts ... More >>

NZ inflation probably back in RBNZ band

Friday, 20 January 2017, 3:57 pm | BusinessDesk

Jan. 20 (BusinessDesk) - Higher fuel prices probably pushed New Zealand’s annual inflation back above 1 percent for the first time in more than two years in the December quarter. More >>

Pumpkin Patch stores to close by mid-February

Friday, 20 January 2017, 2:53 pm | BusinessDesk

Jan. 20 (BusinessDesk) - The receivers of Pumpkin Patch will have all stores closed by mid-February after they couldn't entice a buyer for the failed children's wear chain, which traded through the traditionally busy holiday period. More >>

US$265m trust hearing fraud case delayed

Friday, 20 January 2017, 2:51 pm | BusinessDesk

Jan. 20 (BusinessDesk) - A defended hearing in Auckland’s High Court involving family members of Malaysian businessman Jho Low has been delayed nearly two hours this morning. More >>

Doing business in China - about relationships and subtleties

Friday, 20 January 2017, 1:59 pm | Challenge Steel

New Zealand company director Annie Govan says two things are absolutely essential to doing business in China – building relationships and understanding the many subtleties that come with the Chinese culture. More >>

NZ employees most upbeat about labour market in eight years

Friday, 20 January 2017, 1:47 pm | BusinessDesk

Jan. 20 (BusinessDesk) - New Zealand employment confidence rose to its highest level in eight years as Kiwis grew more upbeat about the prospect of wage increases and less pessimistic about job opportunities in what's seen as a robust labour market.  More >>

Dairy farmer’s award recognises superb environmental effort

Friday, 20 January 2017, 1:32 pm | Fish and Game New Zealand

Dairy farmer Phil Musson’s ‘can do’ attitude has won him the annual Working with Nature environment award from North Canterbury Fish & Game. More >>

OPPO Signals Upcoming Launch In New Zealand

Friday, 20 January 2017, 12:37 pm | bwwwwedxxsa

Auckland, 20 January 2017 – OPPO is pleased to announce it is establishing a presence in New Zealand and will provide a range of its products to New Zealanders. More >>

$87.3B investment focused on transformational projects

Friday, 20 January 2017, 12:35 pm | BusinessDesk

Jan. 20 (BusinessDesk) - The New Zealand government has focused its $87.3 billion investment programme into projects that will fundamentally change the way it operates in the ongoing drive to get more with less from the public service, according to ... More >>

Bapcor lifts interest in Hellaby to 78.4%

Friday, 20 January 2017, 12:18 pm | BusinessDesk

Jan. 20 (BusinessDesk) - Bapcor, the ASX-listed autoparts firm, lifted its interest in Hellaby Holdings to 78.4 percent from 71.4 percent, edging closer to a takeover of the diversified investor it wants to break up while retaining its automotive business. More >>

NZ dollar gains to month-high vs yen as inauguration looms

Friday, 20 January 2017, 12:04 pm | BusinessDesk

Jan. 20 (BusinessDesk) - The New Zealand dollar rose to its highest level in a month against the yen as Japan's currency weakened against the greenback ahead of Donald Trump's presidential inauguration. More >>

Further Pumpkin Patch Stores to Close

Friday, 20 January 2017, 11:50 am | KordaMentha

The receivers of the Pumpkin Patch group have announced the closure of further Pumpkin Patch and Charlie & Me stores in both New Zealand and Australia. More >>

Technology key to forest safety advances

Friday, 20 January 2017, 11:17 am | Forest Industry Engineering Association

“Technology is vital in many new safety improvements in the forest industry – and the upcoming Forest Safety Summit will be showcasing them and the people who established them,” says Forest Industry Engineering Association event manager, ... More >>

Sheep number falls to six for each person

Friday, 20 January 2017, 10:48 am | Statistics New Zealand

The total number of sheep was down by just over 5 percent between June 2015 and June 2016, Statistics New Zealand said today. Provisional figures show that the number of sheep in New Zealand fell by 1.5 million, down to 27.6 million at 30 June 2016. More >>

Emirates Adds Flight Flexibility With Third Daily to Nairobi

Friday, 20 January 2017, 10:19 am | Emirates Airlines

Emirates, the largest international airline in the world, is to increase its service to Nairobi, a favourite gateway to Africa for New Zealanders, with the introduction of a third daily flight between Dubai and Kenya’s capital from June 1. More >>

Baby City sentenced for two non-compliant cots

Friday, 20 January 2017, 10:12 am | Commerce Commission

Baby City Retail Investments Limited (Baby City) has been fined $39,000 in the Auckland District Court for six charges relating to selling cots which failed to comply with the packaging and labelling requirements of the safety standard for household cots ... More >>

oOh!media and AMP Capital sign new four-centre contract

Friday, 20 January 2017, 9:34 am | oOh Media

oOh!media has secured an exclusive agreement with property giant AMP Capital Shopping Centres to provide industry-leading Out Of Home advertising media at four major New Zealand retail centres. More >>

HiFX Morning Update - January 20 2017

Friday, 20 January 2017, 8:29 am | HiFX

The NZDUSD opens at 0.7159 (mid-rate) this morning. More >>

Warehouse hires NZ Baycorp boss Donna Cooper

Friday, 20 January 2017, 8:27 am | BusinessDesk

Jan. 19 (BusinessDesk) - Warehouse Group, which is cutting costs by amalgamating its retail divisions, has hired Baycorp's New Zealand general manager Donna Cooper to run its financial services unit. More >>

Treasury wary of more major projects in November update

Friday, 20 January 2017, 8:26 am | BusinessDesk

Jan. 19 (BusinessDesk) - The Treasury has heightened concerns about more of the government's most challenging major projects, tagging five for special attention in its latest update. More >>

NZ dollar in biggest fall against greenback since November

Friday, 20 January 2017, 8:24 am | BusinessDesk

Jan. 19 (BusinessDesk) - The New Zealand dollar saw its biggest one-day fall since November as the greenback strengthened sharply after a speech by the chair of the US Federal Reserve Janet Yellen, in which she said the world's largest economy was ... More >>

Multi-billion dollar money laundering case hits NZ courts

Friday, 20 January 2017, 8:23 am | BusinessDesk

Multi-billion dollar money laundering case hits NZ courts as Low relatives fight US DOJ More >>

Xero and Meridian gain while Air NZ drops

Friday, 20 January 2017, 8:17 am | BusinessDesk

Jan. 19 (BusinessDesk) - New Zealand shares rose, led by Xero after news its chairman is leaving, with Meridian Energy gaining while Air New Zealand dropped More >>

While you were sleeping: Upbeat US jobs, housing

Friday, 20 January 2017, 8:07 am | BusinessDesk

Jan. 20 (BusinessDesk) - Wall Street declined as investors geared up for a speech by Federal Reserve Chair Janet Yellen later in the day and US President-elect Donald Trump’s inauguration on Friday. More >>

Macquarie still upbeat on retirement village sector

Thursday, 19 January 2017, 8:02 pm | BusinessDesk

Jan. 19 (BusinessDesk) - Building consents for retirement villages continued to rise in November as operators expand to meet the demands of New Zealand's ageing population and Macquarie Group is still upbeat on the sector despite a lower forecast ... More >>

Upaid bills sink promising pre-fab housing builder

Thursday, 19 January 2017, 8:00 pm | BusinessDesk

Jan. 19 (BusinessDesk) - ABT Construction, once touted as part of the solution to Auckland's housing crisis with its fast-turnaround pre-fabricated dwellings, has been put into liquidation by transport firm Multi-Trans over unpaid bills amid reports ... More >>

Xero chairman Chris Liddell resigns to take Trump job

Thursday, 19 January 2017, 7:58 pm | BusinessDesk

Jan. 19 (BusinessDesk) - Xero chairman Chris Liddell will step down from the board at the end of the week to take up a role in US president-elect Donald Trump's administration. More >>

Telephone survey scam warning

Thursday, 19 January 2017, 4:57 pm | NZBA

The New Zealand Bankers’ Association today warned people to beware a telephone survey scam. Cautious members of the public have reported receiving unsolicited calls from an organisation called the “Bankers Association of New Zealand” claiming ... More >>

Exclusive lucky car plate for bidding

Thursday, 19 January 2017, 4:42 pm | KiwiPlates

New Zealand official personalised car plates company, KiwiPlates, is proud to be auctioning exclusive 2017 lucky car plates at the Chinese New Year Festival, Saturday 21 January at the ASB Showgrounds in Auckland! More >>

NZ consumer sentiment rises in January

Thursday, 19 January 2017, 4:31 pm | BusinessDesk

Jan. 19 (BusinessDesk) - Consumer sentiment rose in January to its highest level since April 2015 as economic momentum continues, the ANZ-Roy Morgan NZ Consumer Confidence index showed Thursday. More >>

justONE and ITM lure builders via virtual fishing comp'

Thursday, 19 January 2017, 4:04 pm | justONE

With summer well underway, building supplies specialists ITM are giving Kiwi builders the opportunity to take part in New Zealand’s first virtual fishing competition, ITM GO FISH!, developed by leading 1-1 and digital specialist agency, justONE. More >>

New World and PAK’nSAVE electric delivery van trial

Thursday, 19 January 2017, 4:01 pm | Foodstuffs Limited

The Honourable Judith Collins has today announced that the Energy Efficiency and Conservation Authority (EECA) will be providing funding to support Foodstuffs trial of electric delivery vans across its New World and PAK’nSAVE supermarkets in 2017. More >>

Bega buys rights to Vegemite, Kraft brands from Mondelez

Thursday, 19 January 2017, 3:56 pm | BusinessDesk

Jan. 19 (BusinessDesk) - Australian-listed dairy company Bega Cheese will buy the bulk of Mondelez International's trans-Tasman grocery business, including the flagship Vegemite brand, for A$460 million. More >>

The Warehouse to help fill EV charging station gap in NZ

Thursday, 19 January 2017, 3:28 pm | The Warehouse Group

The Warehouse is set to install and manage Electric Vehicle (EV) charging stations outside 20 of its stores across New Zealand. More >>

North Island Wool Auction Eases

Thursday, 19 January 2017, 3:02 pm | New Zealand Wool Services

New Zealand Wool Services International Ltd’s CEO Mr John Dawson reports that the North Island wool auction saw a continuing softening for average to poor style wools, with good colour and better prepared wools faring better. More >>

Residential building consents slide in November after quake

Thursday, 19 January 2017, 2:47 pm | BusinessDesk

Jan. 19 (BusinessDesk) - New Zealand's residential building consents took a tumble in November on a seasonally adjusted basis, largely due to earthquake disruption in the capital city of Wellington. More >>

Manufacturing activity ends 2016 with above-average reading

Thursday, 19 January 2017, 2:31 pm | BusinessDesk

Jan. 19 (BusinessDesk) - New Zealand manufacturing activity finished 2016 above its long-term average, unchanged in December from a month earlier More >>

Bell Gully leads in key M&A rankings and Chambers guide

Thursday, 19 January 2017, 2:11 pm | Bell Gully

Leading legal league tables have ranked Bell Gully as New Zealand’s top legal adviser for mergers and acquisitions activity in 2016. More >>

New Zealand fishery named in global top five

Thursday, 19 January 2017, 2:04 pm | Seafood New Zealand

In the survey of 28 countries, which included the 20 countries that landed the most fish, a strong correlation was found between the state of the country’s fish stocks and the quality of its fisheries management. More >>

Unison Delighted Government Backs EV Highway

Thursday, 19 January 2017, 1:53 pm | Unison

Thursday 19 January, 2017 – Unison Group Chief Executive, Ken Sutherland, said the company is thrilled its project to create an EV highway between Taupo and Napier has been conditionally approved for funding from the Low Emission Vehicles Contestable ... More >>

Abano Warns Of Solicitation Calls

Thursday, 19 January 2017, 1:29 pm | Abano Healthcare Group Limited

Abano Healthcare Group Limited (NZX:ABA) and other parties have been made aware that an Australian solicitation call centre has been hired by Healthcare Partners, to contact Abano shareholders in regards to Healthcare Partners’ partial takeover ... More >>

Yealands Receives Top Honours

Thursday, 19 January 2017, 12:57 pm | Yealands

Yealands Family Wines (Yealands) are celebrating the start of 2017 with a Platinum Medal received at the International Award of Excellence in Sustainable Winegrowing Competition run by The Botanical Research Institute of Texas (BRIT®). More >>

Reserve Bank Bulletin looks at forecasting model

Thursday, 19 January 2017, 12:13 pm | Reserve Bank

The Reserve Bank has released a Bulletin article examining the core macro-economic model it uses to support the monetary policy decision making process. More >>

Heartland names Air NZ's David Mackrell as new CFO

Thursday, 19 January 2017, 12:09 pm | BusinessDesk

Jan. 19 (BusinessDesk) - Heartland Bank has named Air New Zealand deputy finance boss David Mackrell as its new chief financial officer. More >>

NZ dollar falls as US data points to improving prospects

Thursday, 19 January 2017, 11:52 am | BusinessDesk

Jan. 19 (BusinessDesk) - The New Zealand dollar fell from a month-high after US inflation and industrial figures showed the slow recovery in the world's biggest economy is on track, giving the Federal Reserve room to hike interest rates this year. More >>

More Speakers Revealed for 31c0n

Thursday, 19 January 2017, 11:09 am | Pead PR

Five more speakers have been added to the line-up for 31c0n, New Zealand’s newest cyber security conference taking place in February 2017. To date, 12 global and local experts are confirmed to present at the inaugural event which is aimed at providing ... More >>

Monthly home consents hit 11-year high

Thursday, 19 January 2017, 10:52 am | Statistics New Zealand

The number of new homes consented reached an 11-year high in the month of November, Statistics New Zealand said today. This was due to increased consents in Auckland and the usual pre-Christmas rush. More >>

Industry Leader Joins Ipsos NZ Management Team

Thursday, 19 January 2017, 10:38 am | Ipsos

Highly respected market researcher Winifred Henderson joins Ipsos New Zealand in a specially-created role More >>

Turning Gold into White Butter

Thursday, 19 January 2017, 10:03 am | Fonterra

Fonterra’s Research and Development Centre alongside its global ingredients business, NZMP, has developed a new white butter product to meet growing demand from manufacturers in the Middle East market. More >>

Hawkes Bay kiwifruit farm sells for $40.2mn

Thursday, 19 January 2017, 9:37 am | BusinessDesk

Jan. 18 (BusinessDesk) - New Zealand’s kiwifruit industry continues to surge ahead and a recent orchard sale underscores confidence in the sector. More >>

While you were sleeping: Yellen to speak

Thursday, 19 January 2017, 7:43 am | BusinessDesk

Jan. 19 (BusinessDesk) - US Treasuries declined while Wall Street was mixed as investors awaited a speech by US Federal Reserve Chair Janet Yellen. More >>

 

Get More From Scoop

 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news