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Latest Business Headlines

Petricevic is certainly not broke

Saturday, 5 September 2015, 11:40 am | Sensible Sentencing Trust

The Sensible Sentencing Trust was disappointed with the High Court’s decision yesterday that it did not have “standing” to bring an action asking the Court to review a decision of the Parole Board to release serial fraudster Rod Petricevic from prison ... More >>

Petricevic parole challenge dismissed

Friday, 4 September 2015, 5:59 pm | BusinessDesk

Sept. 4 (BusinessDesk) - The Sensible Sentencing Trust has lost its bid for a judicial review of the decision to release former Bridgecorp boss Rod Petricevic on parole. More >>

Single resolve needed over Basin, says Chamber

Friday, 4 September 2015, 5:22 pm | Wellington Chamber Of Commerce

All parties involved in the Basin Reserve issue must resolve to get together to find a way to untangle the mess there, says the Wellington Chamber of Commerce. More >>

NZ dollar heads for 1.5% weekly decline

Friday, 4 September 2015, 5:09 pm | BusinessDesk

NZ dollar heads for 1.5% weekly decline as markets shy away from risk; US jobs report looms More >>

Queenstown Water Taxis buys bigger boat

Friday, 4 September 2015, 4:35 pm | Southern PR

Arriving in Queenstown will never be the same again - Queenstown Water Taxis has added a brand new boat to its fleet of taxis, increasing the number of passengers and groups it can transport across Lake Wakatipu. More >>

Car Market on Target for Sales Record

Friday, 4 September 2015, 3:58 pm | Motor Trade Association

4 September 2015 Total new and used-import vehicle registrations for August 2015 surged ahead 8 percent compared with the same period last year. MTA (Motor Trade Association) Chief Executive Warwick Quinn said the latest NZTA figures show that ... More >>

50 Māori Cadets Launch into Engineering And Infrastructure

Friday, 4 September 2015, 3:52 pm | Colliers

At a graduation ceremony held in West Auckland today 50 Māori cadets from around New Zealand were celebrated and presented essential qualifications that will support them into a wide range of trades-related careers. More >>

Wynyard Wins Contract with Reserve Bank of New Zealand

Friday, 4 September 2015, 3:47 pm | Wynyard Group

Auckland – Wynyard Group (NZX:WYN), has won a new contract with The Reserve Bank of New Zealand (RBNZ) to provide Wynyard risk management software. More >>

Audi NZ launches world first “quattro bistro”

Friday, 4 September 2015, 3:38 pm | FCB New Zealand

Audi NZ launches world first “quattro bistro” held at altitude in the Southern Alps Audi New Zealand has created the first ever quattro bistro , a pop up glass restaurant set at high altitude in the Pisa Range in the Southern Alps, New Zealand. ... More >>

SST wants taxpayer funding for Petricevic crusade

Friday, 4 September 2015, 2:58 pm | BusinessDesk

Sept. 4 (BusinessDesk) - The Sensible Sentencing Trust wants the taxpayer to fund its High Court challenge over the Parole Board's decision to release former Bridgecorp boss Rod Petricevic half-way into his six-year, 10-month sentence. More >>

Shifting Health and Safety management systems online

Friday, 4 September 2015, 2:46 pm | HMC Communications

Waikato human resources consultancy, Everest Group, said a trend is emerging with many businesses switching from paper-based Health and Safety management systems to online tools. More >>

NZ wool trades at record high amid tight supply

Friday, 4 September 2015, 2:30 pm | BusinessDesk

Sept. 4 (BusinessDesk) - New Zealand wool is trading at record high prices, pushed up by strong demand and limited supply, though the outlook is murky. More >>

iHeartRadio New Zealand Launches NBR Radio Station

Friday, 4 September 2015, 1:59 pm | Niki Schuck

4 September 2015 – iHeartRadio New Zealand is pleased to announce it is partnering with the National Business Review (NBR) to add NBR Radio to the platform to continue to grow the depth of it’s content offering across all genres. More >>

Experience the Future of Eyecare at Specsavers

Friday, 4 September 2015, 1:39 pm | SpecSavers

Specsavers New Zealand is once again revolutionising the optical market by changing the way customers can find the perfect fit of glasses by introducing imaging software on tablet devices in all 51 New Zealand stores. More >>

Employment Court win leaves fmr CHH mgr $30k out of pocket

Friday, 4 September 2015, 1:33 pm | BusinessDesk

Sept. 4 (BusinessDesk) - David Rodkiss, a former Carter Holt Harvey engineering manager who successfully sued the wood products company in the Employment Court, has been left almost $30,000 out of pocket, an outcome the presiding judge called "unsatisfactory ... More >>

Nominations open for 2015 Fresh Carriers Hayward Medal

Friday, 4 September 2015, 1:04 pm | Zespri

Nominations open for 2015 Fresh Carriers Hayward Medal The Fresh Carriers Hayward Medal judging panel is once again calling on the kiwifruit industry to nominate their finest leaders for the 2015 award. The kiwifruit Industry Advisory Council (IAC) ... More >>

Gull Drops Petrol Prices Further

Friday, 4 September 2015, 12:52 pm | Gull Petroleum

Gull is proud to have the opportunity to pass its good “karma” on to customers. More >>

NEST operation expands to include aircraft maintenance

Friday, 4 September 2015, 12:10 pm | Northland Emergency Services Trust

The Northland Emergency Services Trust is the first rescue helicopter operation in New Zealand to get approval to undertake maintenance on its own aircraft. NEST will carry out the specialist work needed on its fleet of three Sikorsky S-76 helicopters ... More >>

Half yearly health check for key markets

Friday, 4 September 2015, 12:08 pm | Colliers

A half-yearly health check on the state of the country’s retail markets and central business districts More >>

Consumers should be on the lookout for illegal operators

Friday, 4 September 2015, 11:58 am | Plumbers Gasfitters and Drainlayers Board

An Auckland man has been convicted and fined $1,200 plus court costs and solicitors fees for providing information that was intended to cause, or may reasonably have caused, a homeowner to think he was a registered or licensed tradesperson. Plumbing, ... More >>

Exports sales boosted in July - 4 September

Friday, 4 September 2015, 11:44 am | NZMEA

The latest New Zealand Manufacturers and Exporters Association (NZMEA) Survey of Business Conditions completed during August 2015, shows total sales in July 2015 increased 2.48% (year on year export sales increased by 4.70% with domestic sales ... More >>

Update: Parole Board over-relied on Petricevic psych report

Friday, 4 September 2015, 11:44 am | BusinessDesk

Update: Parole Board over-relied on Petricevic-paid psych report (Updates with comments from Parole Board counsel throughout) More >>

Chinese firm may take 50% of Silver Fern Farms

Friday, 4 September 2015, 11:36 am | BusinessDesk

Sept. 4 (BusinessDesk) - Chinese interests may be close to acquiring 50 percent of Silver Fern Farms, in a deal that would increase the dominance of New Zealand's biggest meat exporter and erode farmer control of the industry, say shareholders ... More >>

Record award entries for NZ’s booming brewing industry

Friday, 4 September 2015, 11:30 am | The Brewers Guild

Record award entries for New Zealand’s booming brewing industry A record number of New Zealand breweries are vying to be crowned champion at New Zealand’s prestigious beer awards on September 19 at the 2015 Brewers Guild of New Zealand Awards. Now ... More >>

Building a talent pipeline with New Zealand Young Farmers

Friday, 4 September 2015, 11:29 am | Young Farmers

Being part of a TeenAg club at high school kept Northland teenager Sam Moscrip in school longer than he had intended, and it has opened him up to many new possibilities in the primary industries. More >>

Christchurch residential Market Watch September 2015

Friday, 4 September 2015, 11:25 am | Harcourts

The latest residential property figures for Christchurch from Harcourts indicate the market is experiencing a traditional winter slowdown. But while key measures were down on July, many are still showing growth when compared to August last year. More >>

Provisional housing market update

Friday, 4 September 2015, 11:19 am | Harcourts

Provisional residential data for the Northern Region in August, from Harcourts, New Zealand’s largest real estate group, shows average sale prices continuing to rise, up 25% on the same period in 2014, to $819,955. More >>

Pushpay presses into Canada in drive for church custom

Friday, 4 September 2015, 11:18 am | BusinessDesk

Sept. 4 (BusinessDesk) - Pushpay Holdings, the mobile app payments developer, plans to expand its sales reach into Canada, expanding its drive to increase sales to the North American faith-based market of some 329,000 churches. More >>

CentrePort brings the world to Whanganui

Friday, 4 September 2015, 11:02 am | CentrePort

CentrePort brings the world to Whanganui CentrePort, central New Zealand’s largest seaport, has a new joint venture container terminal in Whanganui. Transport Minister Simon Bridges officially opened the venture this morning – the result of a partnership ... More >>

Parole Board over-relied on Petricevic-paid pysch report

Friday, 4 September 2015, 10:55 am | BusinessDesk

Sept. 4 (BusinessDesk) - The Sensible Sentencing Trust says the Parole Board shouldn't have relied on a single psychologist report paid for by former Bridgecorp boss Rod Petricevic, and opposes his release half-way into his six-year, 10-month sentence. More >>

Stamping out the black market

Friday, 4 September 2015, 10:32 am | Hawke's Bay Seafoods

Hawke’s Bay Seafoods said today it was cooperating fully with the Ministry for Primary Industries in efforts to stamp out black market sales of illegally-caught fish in the region. “Our company is making available all information necessary ... More >>

Christchurch's largest hotel officially opened by PM

Friday, 4 September 2015, 10:07 am | 4pr

Christchurch, 4 September 2015: As Christchurch commemorates the fifth anniversary of the September 2010 earthquakes today, a sign of resurgence was symbolised with the official opening of the city’s largest hotel – the 264-room BreakFree on ... More >>

Consumer NZ says green cleaners no better than water

Friday, 4 September 2015, 10:03 am | Consumer Online

But a Consumer NZ test has found you’d be better off saving your money and just using water to do your laundry. More >>

NZ Farm Environment Trust/Balance Farm Environmental Awards

Friday, 4 September 2015, 9:56 am | Ballance Farm Environment awards

The lingering effects of the devastating PSA outbreak didn’t stop Bay of Plenty Kiwifruit growers Stephen Kenna and Phillipa Wright entering the Bay of Plenty Ballance Farm Environment Awards. More >>

Pushpay expands into Canada

Friday, 4 September 2015, 9:56 am | Duncan Cotterill

Pushpay Holdings Limited (NZSX:PAY) (‘Pushpay’ or ‘the Company’) announces that its payment solutions that facilitate fast, secure and easy non-point of sale payments are now available in Canada. More >>

Emirates celebrates record aircraft delivery

Friday, 4 September 2015, 9:46 am | Emirates Airlines

Emirates has celebrated the company record arrival of four new aircraft in one day, affirming its commitment to flying a modern, efficient and comfortable fleet. The bumper delivery yesterday included two Boeing 777-300ERs, one Boeing 777 Freighter ... More >>

Pumpkin Patch appoints Dave Foster as CFO

Friday, 4 September 2015, 9:44 am | BusinessDesk

Sept. 4 (BusinessDesk) - Pumpkin Patch has appointed Dave Foster as its chief financial officer to replace Steve Mackay, who quit the ailing children's clothing chain after less than a year. More >>

2015 National Top Shop Award Winners Announced

Friday, 4 September 2015, 9:31 am | Retail NZ

Gisborne’s Specsavers has been named the best store in the country, winning the National Supreme Award at the Retail NZ Top Shop Awards in Christchurch tonight. Carvin Streetwear from Gore and Warehouse Stationery Royal Oak were both named runners ... More >>

HiFX Morning Update – September 5 2015

Friday, 4 September 2015, 8:55 am | HiFX

The NZDUSD opens at 0.6395 (mid-rate) this morning. Yesterday Australia posted a seasonally adjustedmerchandise trade deficit of A$2.46 billion in July – a 19% increase on June. Retail sales in Australia were down a seasonally adjusted 0.1% ... More >>

NZ dollar jumps vs. euro after ECB lowers economic outlook

Friday, 4 September 2015, 8:24 am | BusinessDesk

Sept. 4 (BusinessDesk) - The New Zealand dollar jumped against the euro after the European Central Bank lowered its outlook for the region's economy and suggested it may add extra stimulus. More >>

While you were sleeping: Draghi delivers relief

Friday, 4 September 2015, 8:08 am | BusinessDesk

Sept. 4 (BusinessDesk) - Wall Street ended mixed ahead of August’s jobs report while equities on the other side of the Atlantic advanced on European Central Bank President Mario Draghi’s promise of additional stimulus if needed. More >>

MARKET CLOSE: NZ shares fall on global jitters

Thursday, 3 September 2015, 5:42 pm | BusinessDesk

Sept. 3 (BusinessDesk) - New Zealand shares fell as investors remained cautious after last week's spike in volatility when equity markets were sold off on fears over the Chinese economy. Fletcher Building, A2 Milk, and Sky Network Television declined. More >>

NZ Online Retail Sales: Monthly update for July 2015

Thursday, 3 September 2015, 5:30 pm | BNZ

Please find attached BNZ and Marketview’s latest monthly report on New Zealand’s Online Retail Sales. More >>

Call for greater focus on coastal shipping

Thursday, 3 September 2015, 5:24 pm | Customs Brokers and Freight Forwarders Federation

The government needs to look again at integrating road, rail and coastal shipping says Glenn Coldham, President of the Customs Brokers and Freight Forwarders Federation (CBAFF). More >>

NZ dollar slips as Chinese intervention calms markets

Thursday, 3 September 2015, 5:16 pm | BusinessDesk

Sept. 3 (BusinessDesk) - The New Zealand dollar fell after intervention by China to prop up ailing equities calmed volatile markets ahead of this week's US employment data, which may keep alive chances of a rate hike by the Federal Reserve this month. More >>

Become consumer-savvy this Money Week

Thursday, 3 September 2015, 4:50 pm | Electricity Authority

As Money Week draws to a close The Electricity Authority is urging consumers to check they are getting the best deal on their electricity. “Money week is all about being more financially aware,” says Electricity Authority Chief Executive Carl ... More >>

New SharePoint 365 app extends on-premise product benefits

Thursday, 3 September 2015, 4:45 pm | Information Leadership

Information Leadership is launching a new app, Flexiviewer 365, as a next step in extending its suite of highly successful iWorkplace on-premise products to cloud users. Lead Developer, Jos Auker-Woor, will be sharing his insights from Information ... More >>

Patrick Strange endorsed for Auckland Airport Board

Thursday, 3 September 2015, 4:42 pm | Auckland Airport

Auckland Airport has announced that its Board has unanimously endorsed the nomination of Dr Patrick Strange to stand for election as an independent non-executive director at its 2015 annual meeting. More >>

Sensible Sentencing Trust seeks Petricevic review

Thursday, 3 September 2015, 4:34 pm | BusinessDesk

Sept. 3 (BusinessDesk) - The Sensible Sentencing Trust has filed proceedings in the High Court at Wellington seeking a judicial review of the decision to release former Bridgecorp boss Rod Petricevic on parole, the trust's first such action in a white ... More >>

CORRECT: Government, Auckland iwi reach agreement

Thursday, 3 September 2015, 4:25 pm | BusinessDesk

(Removes reference to selling land in first paragraph, fixes reference to protocol in fourth paragraph) More >>

Buyers take on greater risk with trend to new builds

Thursday, 3 September 2015, 3:48 pm | LoanPlan Mortgages and Finance

The increasing number of first time home buyers choosing the new build route to home ownership – as a means of bypassing the Reserve Bank’s loan-to-value ratio (LVR) restrictions – may be exposing themselves to greater risks. More >>

Bunnings Committed to Best Team Delivering Best Service

Thursday, 3 September 2015, 3:40 pm | Bunnings

Bunnings has put forward what it believes to be an industry leading proposal covering wage rates and rosters, as part of its negotiations currently underway with both team covered by Individual Employment agreements and First Union who represent team ... More >>

All Blacks celebrated with new stamps and coins

Thursday, 3 September 2015, 2:58 pm | New Zealand Post

New Zealand Post is cheering on the All Blacks with an official stamp and coin release to support the team in the lead up to rugby’s biggest event. The stamp, made of fabric from the 2015 All Blacks Home Replica Jersey is the first of its kind and ... More >>

Public safety in earthquake strengthening laws

Thursday, 3 September 2015, 2:54 pm | Property Council Of New Zealand

3 September 2015 Property Council is a strong proponent of public safety in earthquake strengthening laws More >>

Wool Market Firms

Thursday, 3 September 2015, 2:53 pm | NZWSI Weekly Wool Market Report

New Zealand Wool Services International Limited’s Marketing Executive, Mr Malcolm Ching reports that the 7,500 bales of North Island wools on offer this week saw a 97 percent clearance and a generally dearer market. More >>

Knight Frank launches Global House Price Index Q2 2015

Thursday, 3 September 2015, 2:51 pm | Knight Frank

Index records weakest growth in four years; Housing markets in China and US following divergent paths More >>

Let Ballance get your career started

Thursday, 3 September 2015, 2:49 pm | Ballance Agri-Nutrients

Let Ballance get your career started Soil scientists, engineers and farmers to vets, bankers and regulators, there are a wide range of careers which Ballance Agri-Nutrients is proud to support with its annual scholarship programme. Warwick Catto, Science ... More >>

KiwiSaver: Small changes in return can make big difference

Thursday, 3 September 2015, 2:48 pm | Canstar

CANSTAR researches 29 funds from 25 providers across four investment profiles to determine outstanding value for workers. More >>

Government and iwi reach agreement for private housing

Thursday, 3 September 2015, 2:47 pm | BusinessDesk

Sept. 3 (BusinessDesk) - The government has reached agreement with Ngati Whatua over selling 500 hectares of excess land in Auckland for private housing which had been under High Court challenge. More >>

Seadragon rejected Blackmores in favour rights issue

Thursday, 3 September 2015, 1:50 pm | BusinessDesk

Sept. 3 (BusinessDesk) - SeaDragon, the fish oil refiner aiming to raise up to $9 million from shareholders to fund the escalating cost of an Omega-3 factory, says it turned down an investment offer from Australian health supplement company Blackmores ... More >>


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