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


Latest Business Headlines

Can NZ wine repeat stellar success in 2017

Sunday, 23 July 2017, 12:48 pm | Sydney International Wine Competition

Can New Zealand repeat stellar success in 2017 Sydney International Wine Competition? Entries invited from NZ wineries for 38th Competition 23 July 2017: New Zealand wineries are expected to holder even greater sway in this year’s Sydney International Wine ... More >>

It’s Not All Gold for Some Kiwifruit Growers

Sunday, 23 July 2017, 12:44 pm | The Kiwifruit Claim

It’s Not All Gold for Some Kiwifruit Growers Despite what people might believe, some kiwifruit growers are a long way from recovering from the 2010 Psa-V outbreak which devastated the kiwifruit industry in New Zealand, Te Puke kiwifruit grower ... More >>

Record Annual Results & Achievements for Waikato-Tainui

Sunday, 23 July 2017, 12:42 pm | Waikato-Tainui

Waikato-Tainui Annual Result 2017 Waikato-Tainui is reporting a record year of results and growth, highlighted by the return of the sacred whenua of Rangiriri Paa. More >>

Cream Cheese Innovation Heart of Significant New Build

Saturday, 22 July 2017, 3:16 pm | Fonterra Co-operative Group Ltd

Cream Cheese Innovation at the Heart of Significant New Build Dairy lovers across Asia will soon get their first taste of an innovative new cream cheese, as Fonterra announces plans for two new cream cheese plants at its Darfield site in Canterbury. ... More >>

MARKET CLOSE: NZ shares mixed, Fletcher keeps falling

Friday, 21 July 2017, 8:33 pm | BusinessDesk

July 21 (BusinessDesk) - New Zealand shares were mixed, with Fletcher Building continuing yesterday's selling while Westpac Banking Corp and Australia & New Zealand Banking Group gave up gains. More >>

NZ dollar recovers after RBA governor jawbones down Aussie

Friday, 21 July 2017, 8:21 pm | BusinessDesk

July 21 (BusinessDesk) - The New Zealand dollar is heading for a 1 percent weekly gain against the greenback and moved higher against the Aussie after that nation's central bank quelled the view that rate hikes might be on the horizon while New Zealand's ... More >>

Graham Norton goes rogue in 2017 with new vintage

Friday, 21 July 2017, 7:15 pm | Invivo Wines New Zealand

Graham Norton goes rogue in 2017 with new vintage In what has become an eagerly anticipated annual affair, famed talk show host Graham Norton is back with a new vintage for 2017 – but this year, he’s taken the winemaking reigns to blend his ... More >>

Telcos face competition for failure to innovate

Friday, 21 July 2017, 6:29 pm | BusinessDesk

July 21 (BusinessDesk) - Telecommunications companies such as Chorus risk being left out of innovation led by the likes of Facebook and Google because the internet companies are creating new services without having to work with network owners, a telecoms ... More >>

Air New Zealand takes off for downtown Tokyo

Friday, 21 July 2017, 5:45 pm | Air New Zealand

Air New Zealand takes off for downtown Tokyo Air New Zealand’s inaugural service to Haneda Tokyo has departed with the Boeing 787-9 aircraft scheduled to touch down in Tokyo at 11.00pm (local time). The new Haneda service will depart Auckland on ... More >>

NZ migration, tourism soar to new annual records

Friday, 21 July 2017, 3:05 pm | BusinessDesk

July 21 (BusinessDesk) - New Zealand hit a new annual migration record last month as the country's appeal lures more foreigners and better prospects here mean fewer Kiwis are tempted to move overseas. More >>

Something legendary is here….

Friday, 21 July 2017, 3:01 pm | Legend

Recognising the epic advantage of collaboration across their specialist skills and services, four Taupō businesses, The Business Studio, Good Graphic Design, Resonate Marketing and MediaSolve came together as a single agency at a brand relaunch at ... More >>

Pacific Business Trust Supporting Pacific Innovation

Friday, 21 July 2017, 2:18 pm | Pacific Business Trust

Combating the lack of financial literacy skills among the Pacific community motivated Brittany Teei and her mother Teri (Tereapii) to launch KidsCoin, an online tool that empowers students from years 3 to 10 to teach themselves about money, learning to ... More >>

NZ sees higher wool volumes at auction as stockpiles linger

Friday, 21 July 2017, 1:25 pm | BusinessDesk

July 21 (BusinessDesk) - A higher volume of wool was offered at New Zealand's latest weekly auction as stockpiles from last season come to market. More >>

Vector customers, new connections rise in year to June

Friday, 21 July 2017, 12:49 pm | BusinessDesk

July 21 (BusinessDesk) - Vector, the Auckland-based electricity and gas distributor, lifted its electricity and gas distribution customers as well as its natural gas sales in the year ended June 30 and installed more smart meters. More >>

NZ Hotel Industry Awards – women wow judges

Friday, 21 July 2017, 12:27 pm | Tourism Industry Aotearoa

Women have dominated this year’s New Zealand Hotel Industry Awards, winning seven of the 10 individual awards, including the General Manager, Senior Hotel Executive and Outstanding Young Hotel Executive of the Year. More >>

Adamson forfeits interest in $8 mln of shares

Friday, 21 July 2017, 12:19 pm | BusinessDesk

July 21 (BusinessDesk) - Mark Adamson has forfeited $8 million in Fletcher Building shares after being dumped as chief executive at New Zealand's largest construction and building materials company and losing his entitlement to its incentive scheme. More >>

How to Build Relationships with Māori and Pacific Peoples

Friday, 21 July 2017, 12:16 pm | Brown Pages

Businesses and organisations wanting to build relationships and collaborate with Māori and Pacific peoples are being urged to register now for the CulturePRO Masterclass in Auckland next month. More >>

Boarding allowance rise is key issue for rural voters

Friday, 21 July 2017, 12:06 pm | Federated Farmers

For rural folk there’s a glaring omission in all the political parties’ education policies announced so far - an increase in the school boarding allowance. More >>

Consumers Tell FMA about Financial Providers’ Conduct

Friday, 21 July 2017, 12:05 pm | Financial Markets Authority

Financial services providers are fair and professional, but have work to do to explain fees and how their products are appropriate, their customers have told the FMA. More >>

Private Insurers Paid Out $0.5B Kaikōura Earthquake Claims

Friday, 21 July 2017, 12:01 pm | Insurance Council

21 July 2017 - Private insurers have paid out over half a billion dollars in claims from the 14 November earthquake, with $108 million paid to customers in the month of June the Insurance Council reported today. More >>

Careerforce Graduates First Health & Wellbeing Apprentices

Friday, 21 July 2017, 11:59 am | Careerforce

The very first cohort of New Zealand’s Health and Wellbeing Apprentices will be celebrated in style at a graduation evening next month, as part of the Careerforce Workforce Development Conference (CWDC), hosted at Te Papa from 7-8 August 2017. More >>

Ultrafast Fibre Reaches 80,000 Connections

Friday, 21 July 2017, 11:53 am | Ultrafast Fibre Ltd

21 July 2017 - Hamilton based Ultrafast Fibre has reached a major milestone having recently completed 80,000 customer connections. More >>

Dollar rises above 74 US cents for first time in 10 months

Friday, 21 July 2017, 11:49 am | BusinessDesk

July 21 (BusinessDesk) - The New Zealand dollar rose above 74 US cents for the first time in 10 months as the greenback fell against the euro after comments from European Central Bank president Mario Draghi that policymakers would consider winding back ... More >>

Deloitte South Island Index Achieves Modest Growth

Friday, 21 July 2017, 11:46 am | Deloitte New Zealand

South Island listed firms market capitalisation grew 2.8% in the quarter to 30 June 2017 More >>

While you were sleeping: Sears teams up with Amazon

Friday, 21 July 2017, 11:22 am | BusinessDesk

July 21 (BusinessDesk) - Wall Street was mixed as a rally in shares of Sears following its deal with Amazon offset slides in other retailers including Home Depot, Lowe’s and Best Buy. More >>

Federated Farmers Appeal ECan Catchment Proposal

Friday, 21 July 2017, 11:17 am | Federated Farmers

The Plan Change is ECan’s solution to addressing water quality issues associated with farming activities in Canterbury - but excludes catchments already addressed. More >>

Carrfields Acquires Farmlands’ Livestock Business

Friday, 21 July 2017, 11:04 am | Carrfields

July 21 2017 – Carrfields Livestock has grown to a national heavyweight player in its sector following the purchase of Farmlands’ livestock business this month. More >>

Lions supporters prop up visitor arrivals

Friday, 21 July 2017, 11:02 am | Statistics New Zealand

A surge in visitors from the United Kingdom and Ireland arriving for the British and Irish Lions rugby tour helped boost total overseas visitor arrivals in June 2017, Stats NZ said today. More >>

Agricultural Census a valuable resource to farmers

Friday, 21 July 2017, 10:55 am | Federated Farmers

This year’s Agricultural Production Census is an important survey that assists all farmers and the primary sector says Federated Farmers. More >>

Little Giant CEO is a Finalist in Entrepreneur Of Year Award

Friday, 21 July 2017, 10:40 am | Little Giant

Mark Hurley, co-founder and CEO of Auckland-based digital agency, Little Giant is one of 17 inspiring finalists in this year’s prestigious EY Entrepreneur Of The Year competition. More >>

HiFX Morning Update, July 21 2017

Friday, 21 July 2017, 10:10 am | HiFX

The NZD traded an 81 point range overnight (0.7334 to 0.7415) and opens above 0.7400. The NZD has gained 62 points or 0.8% against the USD from Monday’s open of 0.7345 The Bank of Japan at their press conference delivered... nothing - no change. However, ... More >>

Campaign to Recruit Female Infrastructure Industry Staff

Friday, 21 July 2017, 9:58 am | Connexis

Wellington, 20 July 2017: Women from around the country recently experienced a taste of a career in the Infrastructure Industry. More >>

Ben McNab-Jones Wins Wairarapa Young Viticulturist of Year

Friday, 21 July 2017, 9:33 am | NZ Winegrowers

Congratulations to Ben McNab-Jones from Urlar who became Bayer Wairarapa Young Viticulturist of the Year 2017 on 20 July. This is the second year McNab-Jones has entered the regional competition and he is over the moon to be going through to the National ... More >>

MARKET CLOSE: Fletcher Building plunges on Adamson ouster

Thursday, 20 July 2017, 8:46 pm | BusinessDesk

July 20 (BusinessDesk) - New Zealand shares fell, dragged lower by Fletcher Building hitting a six-week low, as the company's board advised a second large earnings downgrade this year and the departure of its chief executive, Mark Adamson. More >>

NZ dollar pares losses against Aussie

Thursday, 20 July 2017, 8:44 pm | BusinessDesk

July 20 (BusinessDesk) - The New Zealand dollar touched a fresh three-month low against the Australian dollar after strong Aussie jobs numbers, but pared some of its losses over the course of the day. More >>

Judge orders Love and Skiffington's Plimmerton house sold

Thursday, 20 July 2017, 8:42 pm | BusinessDesk

July 20 (BusinessDesk) - The Plimmerton house at the centre of Ngatata Love's fraud case must be sold, as it is tainted by the proceeds of crime and its value is eroding as the mortgage is nearly $100,000 in arrears, a judge has ruled. More >>

AFT Pharmaceuticals now licensed in 124 countries

Thursday, 20 July 2017, 5:19 pm | BusinessDesk

July 20 (BusinessDesk) - AFT Pharmaceuticals, which manufactures the Maxigesic painkiller, said it is now licensed in 124 countries worldwide after it inked a deal with a private European pharmaceutical company called Amicus SA Switzerland. More >>

SkyCity comfortable with Fletcher delay on convention centre

Thursday, 20 July 2017, 5:18 pm | BusinessDesk

July 20 (BusinessDesk) - SkyCity says it's comfortable with the "slight delay" from Fletcher Building in completing its $470 million convention centre, announced today as Fletcher's share price has plunged following a profit downgrade and immediate ... More >>

BNZ considering IMF recommendations

Thursday, 20 July 2017, 3:57 pm | BusinessDesk

July 20 (BusinessDesk) - The Reserve Bank of has begun a process to review the relevant findings and recommendations from an International Monetary Fund review and is initially focused on whether greater alignment with international orthodoxy might contribute ... More >>

Stonewood Homes Hawke’s Bay Takes Top Honours

Thursday, 20 July 2017, 3:34 pm | Stonewood Homes

Stonewood Homes Hawke’s Bay Takes Top Honours at the House of the Year Awards More >>

Wool Market Slightly Easier

Thursday, 20 July 2017, 3:24 pm | New Zealand Wool Services International

New Zealand Wool Services International Ltd’s CEO Mr John Dawson reports that this week’s North Island wool offering remained reasonably stable with most types following US currency movements and only easing slightly. More >>

Low interest rates drive a change in traditional saving

Thursday, 20 July 2017, 3:15 pm | InvestNow

Investors in their droves are seeking alternative fixed interest solutions as stubbornly-low bank term deposit rates continue to bite, according to Mike Heath, General Manager of online investment platform, InvestNow. More >>

Great Progress with PEFC Eco-Certification of NZ Forests

Thursday, 20 July 2017, 3:02 pm | NZ Forest Certification Association


Government launches plan to close gender pay gap

Thursday, 20 July 2017, 2:48 pm | BusinessDesk

July 20 (BusinessDesk) - Women's Minister Paula Bennett has today launched the first step of a plan to close the gender pay gap in New Zealand, which is the same as it was a decade ago. More >>

Livestock Improvement swings to a full year profit

Thursday, 20 July 2017, 2:38 pm | BusinessDesk

July 20 (BusinessDesk) - Livestock Improvement Corp, the dairy herd genetics cooperative, turned to an annual profit after its biological bull team was revalued sharply higher and it was upbeat about the current financial year. More >>

Wireless connectivity raises the bar for worker safety

Thursday, 20 July 2017, 2:12 pm | Entec

Auckland-based gas detection equipment supplier, Entec is now offering a new range of portable gas detectors, fitted with wireless peer-to-peer connectivity. More >>

NZX to investigate Fletcher Building after company dumps CEO

Thursday, 20 July 2017, 1:51 pm | BusinessDesk

July 20 (BusinessDesk) - The New Zealand stock exchange said it will be investigating Fletcher Building's additional profit warning for the year ended June 30 and the departure of chief executive and managing director Mark Adamson. More >>

GeoOp lifts sales, cuts ebitda loss in 2017

Thursday, 20 July 2017, 1:15 pm | BusinessDesk

July 20 (BusinessDesk) - GeoOp, the unprofitable management app developer, says sales nearly doubled in 2017, as it prepares to shift its operations to Australia. More >>

UPDATE: Fletcher dumps Adamson in face of dissatisfaction

Thursday, 20 July 2017, 1:13 pm | BusinessDesk

July 20 (BusinessDesk) - Fletcher Building has taken the unusual step of dumping its chief executive, Mark Adamson, who leaves immediately with the loss of share options and other incentives as the company slashed its full-year earnings guidance ... More >>

Commission releases 2017/18 priorities

Thursday, 20 July 2017, 12:16 pm | Commerce Commission

The Commerce Commission have released its priority focus areas for the upcoming year publicly for the first time. More >>

NZ dollar falls to two-month low vs Aussie

Thursday, 20 July 2017, 12:14 pm | BusinessDesk

July 20 (BusinessDesk) - The New Zealand dollar fell to a two-month low against a resurgent Australian dollar which reached a two-year high overnight as the price of iron ore rallied. More >>

Fletcher CEO Mark Adamson to step down

Thursday, 20 July 2017, 11:59 am | BusinessDesk

July 20 (BusinessDesk) - Fletcher Building chief executive Mark Adamson has stepped down, with Francisco Irazusta named as interim replacement, and chairman Ralph Norris says the board deemed it the right time for new leadership. The announcement came ... More >>

While you were sleeping: Wall St hits record highs

Thursday, 20 July 2017, 11:19 am | BusinessDesk

July 20 (BusinessDesk) - Wall Street gained, with the S&P 500 and the Nasdaq touching record highs, amid optimism about US corporate earnings. More >>

Reserve Bank Reviews Outcomes of IMF’s Assessment Programme

Thursday, 20 July 2017, 11:17 am | Reserve Bank

The Reserve Bank has released a Bulletin article reviewing the outcomes of the International Monetary Fund’s (IMF) latest Financial Sector Assessment Programme (FSAP) for New Zealand. More >>

LIC full year results announcement

Thursday, 20 July 2017, 11:12 am | Livestock Improvement Corporation

Farmer-owned co-operative, Livestock Improvement Corporation Limited (NZX: LIC), announces its financial results for the year ending 31 May 2017. More >>

D-Link Smart Plugs Support the Google Assistant

Thursday, 20 July 2017, 10:50 am | D-Link

AUCKLAND, 20 July 2017 – D-Link ANZ has announced that its mydlink Wi-Fi Smart Plug (DSP-W215) is compatible with the Google Assistant on Google Home, eligible Android phones and iPhones. Consumers can control their mydlink Wi-Fi Smart Plugs ... More >>

New digital consultancy

Thursday, 20 July 2017, 10:45 am | Alloy

A desire to combine strategy, empathy, creativity and technology to deliver customer-centric experiences and work more effectively in an increasingly fragmented digital world has resulted in a new player on the consulting scene – Alloy. More >>

NZTech expansion another sign of rampant tech sector growth

Thursday, 20 July 2017, 10:03 am | Make Lemonade

The substantial growth of the country’s umbrella tech organisation NZTech is indicative of the rapid expansion of the nation’s fastest growing industry, says its chief executive Graeme Muller. More >>

5.1% Increase in Average Retail Wage Rates

Thursday, 20 July 2017, 10:02 am | Retail NZ

Retail NZ has published the results of its annual report on wages across the sector and, on average, wages have increased by 5.1 per cent over the last year, from $20.73 to $21.80. More >>

Principals Reveal New Campaign for Hobson Wealth Partners

Thursday, 20 July 2017, 9:59 am | Principals

AUCKLAND, 19 JULY 2017: New Zealand’s leading private wealth advisory firm, Hobson Wealth Partners, has launched its first campaign since rebranding from Macquarie Private Wealth NZ in late 2016. More >>