Latest Business Headlines
NZ targets $30M extra tax from mining tax changes
Monday, 20 May 2013, 6:11 pm | BusinessDesk
May 20 (BusinessDesk) - The government's enthusiasm for mining does not run to leaving " very concessionary" tax treatment rules for mining company expenses in place, with Revenue Minister Peter Dunne tabling new legislation to raise around ... More >>
MARKET CLOSE: NZ shares rise, led by F&P Healthcare
Monday, 20 May 2013, 6:08 pm | BusinessDesk
May 20 (BusinessDesk) – New Zealand shares edged higher, led by Fisher & Paykel Healthcare and NZX, while concerns about the Australian housing market weighed on Fletcher Building. More >>
NZ dollar pares loss as Bernanke’s Wednesday testimony looms
Monday, 20 May 2013, 5:19 pm | BusinessDesk
May 20 (BusinessDesk) - The New Zealand dollar pared its decline in local trading as the prospect of Federal Reserve chairman Ben Bernanke’s Congressional testimony on Wednesday keeps traders wary of taking their greenback support too far. More >>
Taskforce on Workplace Health and Safety Recommendations
Monday, 20 May 2013, 5:12 pm | New Zealand Industry Training Organisation
The New Zealand Industry Training Organisation (NZITO) is the standard setting body for occupational health and safety training registered on the New Zealand Qualifications Framework. More >>
Exports to China held up at the border
Monday, 20 May 2013, 5:08 pm | Federated Farmers
Federated Farmers is hopeful an administrative issue affecting New Zealand meat exports to China will soon be resolved. More >>
MightyRiverPower shares dip below $2.50 offer price
Monday, 20 May 2013, 4:27 pm | BusinessDesk
May 20 (BusinessDesk) - Shares in MightyRiverPower, which the government partially privatised earlier this month, dipped below their $2.50 float price in afternoon trading, 10 days after listing on the stock exchange. More >>
Motorists switched on for darker nights on the roads
Monday, 20 May 2013, 4:22 pm | Motor Trade Association
As the shorter days of winter approach, the Motor Trade Association (MTA) says the majority of drivers are using their headlights appropriately – although a number are placing themselves, and other road-users, at risk. More >>
Independent Liquor plans major facelift for Mill chain
Monday, 20 May 2013, 4:19 pm | BusinessDesk
May 20 (BusinessDesk) - The Mill Liquorsave retail chain faces a major rebranding exercise after Asahi-owned Independent Liquor announced its purchase of the 35 stores across the country. More >>
Capital gains targeted in govt's Auckland homes plan
Monday, 20 May 2013, 4:09 pm | BusinessDesk
May 20 (BusinessDesk) - The government is aiming to cool housing inflation, seen as a threat to New Zealand’s financial stability, while speeding up consents as part of a plan to encourage construction of 39,000 new homes in Auckland. More >>
Unique line-up of International Judges for NZ Wine Comp
Monday, 20 May 2013, 3:57 pm | Spiegelau International Wine Competition
From a total of 12 judges, three are flying in from Australia and one from Singapore to add their extensive experience to the eight-strong New Zealand team at this year’s Spiegelau International Wine Competition. More >>
Husband-and-Wife Team Win National Commercial Building Award
Monday, 20 May 2013, 3:55 pm | Keola Homes
Keola Homes, a small building company in Blockhouse Bay, Auckland is celebrating winning a bronze Award in the New Zealand Commercial Project Awards at the National Gala Dinner on 11 May 2013. The winning project was the Magic Kingdom Childcare Centre: ... More >>
NZ stops issuing beef, lamb export certificates to China
Monday, 20 May 2013, 3:54 pm | Businesswire
May 20 (BusinessDesk) – New Zealand has stopped issuing export certificates for beef and lamb bound for China pending resolution of a paperwork glitch that has left frozen product sitting on Chinese wharves. More >>
Kingsland Business Cluster Highlighted In Marketing Video
Monday, 20 May 2013, 3:19 pm | Kingsland Business Society
A series of interviews, cleverly crafted into a promotional video by a local production company, has turned into a much talked about marketing opportunity for Kingsland. More >>
A new world starting, right here in NZ
Monday, 20 May 2013, 2:45 pm | Employers And Manufacturers Association
The world is looking a little brighter for Kiwis compared to three or four years ago, as a flow-on effect of the consistent upswing in manufacturing and service industries, said Employers and Manufacturers Association manager of advocacy, Bruce Goldsworthy. More >>
Spotify New Zealand Turns 1
Monday, 20 May 2013, 2:41 pm | Spotify
Monday 20th May 2013, NEW ZEALAND: This week, the world’s largest and most successful music streaming service of its kind, celebrates one year in New Zealand. Launched exactly one year ago on Wednesday, Kiwis have already streamed over a staggering ... More >>
Local market follows US higher
Monday, 20 May 2013, 2:34 pm | CMC Markets
The Australian market has made a strong start to the week, following another record breaking session in the US and signs of improving domestic consumer confidence. More >>
Dealing with Angry Customers Just Got Easier
Monday, 20 May 2013, 2:25 pm | TUF Thriving Under Fire
A proven training solution to help stressed staff deal with angry customers now online More >>
KPMG CEO advocates organizations look more to their Why
Monday, 20 May 2013, 2:24 pm | Leaders Review
Opening the second series of this year’s Leaders Review televised and online leadership vignettes, Paul Herrod, KPMG’s CEO, advocated that organizations look to their wider purpose or the ‘ why’ of what they did to engender trust with clients as ... More >>
Uptick In Residential to Offset Deteriorating Engineering
Monday, 20 May 2013, 2:12 pm | Morningstar
We review the read-through implications for Lend Lease’s of recent competitor earnings downgrades in the engineering and construction sector and assess longer-term growth initiatives and prospects. More >>
High quality, safe NZ seafood focus of new role
Monday, 20 May 2013, 1:49 pm | Cawthron Institute
Cawthron Institute has boosted its science and aquaculture capability with the appointment of senior scientist Dr Jacquie Reed as its new head of aquaculture. “We are excited to further strengthen our science leadership team with this new appointment,” Cawthron ... More >>
NZ Dollar Outlook: Kiwi may decline this week as US appeals
Monday, 20 May 2013, 1:46 pm | BusinessDesk
May 20 (BusinessDesk) - The New Zealand dollar may decline this week as expectations of a US economic recovery lure investors to the world's largest economy and the greenback. More >>
Legal Tender Coins to Mark 2013
Monday, 20 May 2013, 1:00 pm | NZ Post
New Zealand Post has released the 2013 edition in its ongoing series of currency coin sets – with each denomination of legal tender coin being produced annually. More >>
Changes at Blue Star Print NZ, a Division of Blue Star Group
Monday, 20 May 2013, 12:56 pm | Blue Star Printing Group
Blue Star Print NZ’s Chief Executive David Jupe has made the decision to leave the business. A 16 year veteran of Blue Star, Jupe has led the business for the last four and a half years, through a most tumultuous period for both Blue Star as well ... More >>
Natasha Bedingfield: Singer For Cruise Ship Naming Ceremony
Monday, 20 May 2013, 12:50 pm | Princess Cruises
Adding yet another special touch to the launch of Royal Princess, British singer-songwriter Natasha Bedingfield will perform at the June 13 naming ceremony of the new ship in Southampton. More >>
Cadbury Brings Extra Joy
Monday, 20 May 2013, 12:49 pm | Cadbury
Cadbury Dairy Milk family chocolate blocks will feature bigger rounder pieces for the same price on specially marked ‘Extra Joy’ packs. All nut varieties will also have whole nuts More >>
Get the Right Fit for your Feet at Bayfair
Monday, 20 May 2013, 12:45 pm | Bayfair Shopping Centre
Bayfair Shopping Centre recently introduced a new concept store aimed at taking care of your feet. Podium Podiatry and Footwear, which opened in April, combines a team of skilled podiatrists, technology and tailored shoe solutions to remedy any foot-related ... More >>
IG - Morning Thoughts and Opening Calls
Monday, 20 May 2013, 12:33 pm | IG Markets
The biggest ever bet against gold is now in place, as the Soros Fund Management LLC sold its final quarter of its gold fund after shedding 12% from the same fund the week before. This occurred as Goldman Sachs enters the ring behind Deutsche Bank, ... More >>
How absentee farm owners can avoid a “dirty dairying” taint
Monday, 20 May 2013, 12:29 pm | Geoff Young
The obvious answer is to stay on top of effluent discharge in the first place says Geoff Young, environmental monitoring consultant and Managing Director of BPO Ltd, the Waikato company which specialises in providing technical environmental monitoring ... More >>
ASB Investor Confidence Report Q1 2013: Share Market Up
Monday, 20 May 2013, 12:26 pm | ASB Bank
· Overall investor confidence hits highest point in two years · Optimism in share market returns increasing · Canterbury leads the nation in investor confidence More >>
Supreme Biotechnologies Develop New Product
Monday, 20 May 2013, 12:16 pm | Supreme Biotechnology
To mark World Autoimmune Arthritis Day today, Supreme Biotechnologies, producers of AstaSupreme® Astaxanthin, has launched a unique formula, which combines Astaxanthin, Curcumin and Omega 3. More >>
China’s strong property market may limit early market gains
Monday, 20 May 2013, 12:09 pm | CMC Markets
While the steady climb in the US stock market creates a positive lead for the local market this morning, investor enthusiasm may be tempered by news of strong increases in China’s property market and further declines in precious metals prices in early ... More >>
Re-born Ateco Automotive to Focus On the Chinese
Monday, 20 May 2013, 12:04 pm | Ateco Automotive NZ Ltd
Ateco Automotive New Zealand Pty Ltd, New Zealand’s largest independent car importer, has moved into a new multi-million headquarters in Mt Wellington so that it can focus on its Chinese car brands, which it pioneered in the New Zealand market, and look ... More >>
CEMNZ A Unique NZ Business Resource……
Monday, 20 May 2013, 12:02 pm | Customer Experiences
Two of New Zealand’s leading experts in customer care and customer experience management, in partnership with New Zealand Business magazine have launch a unique business resource that gives both SMEs and business advisors working in the areas ... More >>
Digital activist Quinn Norton to keynote NetHui 2013
Monday, 20 May 2013, 11:59 am | Internet NZ
InternetNZ (Internet New Zealand Inc) is proud to announce that one of the world’s foremost digital activists will visit New Zealand this July to deliver the international keynote at NetHui 2013. More >>
Holiday park confidence falls slightly
Monday, 20 May 2013, 11:54 am | Holiday Parks Association
Holiday park owners’ confidence has fallen slightly as winter approaches, the latest Holiday Parks Business Confidence Monitor has found. More >>
NZ’s services sector expands at fastest clip in 5 mths
Monday, 20 May 2013, 11:46 am | Businesswire
May 20 (BusinessDesk) – New Zealand’s services sector, which accounts for about 70 percent of economic activity, expanded at the fastest pace since October last month, led by activity/sales. More >>
MT. Beautiful Winery Founder David Teece to Be Honored
Monday, 20 May 2013, 11:43 am | Mt Beautiful Wines
MT. Beautiful Winery Founder David Teece to Be Honored for Receiving a Companion of the New Zealand Order of Merit More >>
A New Era Starts For Fiat Chrysler In New Zealand
Monday, 20 May 2013, 11:35 am | Fiat Chrysler NZ Limited
A new era has started for the Fiat Chrysler Group in New Zealand, with the launch of its new distributor, Fiat Chrysler New Zealand, which will operate from a new multi-million dollar headquarters in Mt Wellington, Auckland. More >>
Philips introduces Hue – the world’s smartest LED bulb
Monday, 20 May 2013, 11:33 am | Philips
New Zealand – Today Philips marks a new era in home lighting in New Zealand with the launch of Philips Hue, the world’s smartest web-enabled LED home lighting system that can be controlled from your smartphone or tablet. More >>
Champion big game fishing boat goes on the market
Monday, 20 May 2013, 11:27 am | Bayleys
One of New Zealand’s most decorated big game fishing boats has been placed on the market for sale for $1.15million. More >>
Independent Liquor buys Mill chain for undisclosed sum
Monday, 20 May 2013, 11:20 am | BusinessDesk
May 20 (BusinessDesk) - Independent Liquor, whose Japanese owner Asahi is locked in a court battle over the $1.5 billion price tag it paid for the booze empire, is extending its reach into retailing by acquiring the Mill Liquorsave bottlestore chain. More >>
Retailers should not miss out on lucrative Chinese customers
Monday, 20 May 2013, 11:14 am | Smartpay NZ Ltd
Kiwi retailers are being urged to adopt the Chinese card payment system called UnionPay to ensure their businesses are attractive to Chinese tourists. More >>
More Reasons than Ever to Stray In Laos
Monday, 20 May 2013, 11:05 am | Stray
Laos has been named the World’s Best Tourism Destination 2013 by the European Council on Tourism and Trade (ECTT) for its “perfect record of promoting clean, ecological and social orientated tourism”. More >>
Golden Weather Continues
Monday, 20 May 2013, 10:59 am | BusinessNZ
Service sector expansion for April built on the solid performance of the previous two months, according to the BusinessNZ Performance of Services Index. More >>
Commission Identifies Companies Liable For $50 Million Levy
Monday, 20 May 2013, 10:53 am | Government House
The Commerce Commission today released its draft determination of the amounts telcos will pay towards the $50 million Telecommunications Development Levy for 2011/12. More >>
Ford announces the all-new EcoSport
Monday, 20 May 2013, 10:47 am | Ford New Zealand
· The all-new Ford EcoSport marries the manoeuvrability and fuel economy of a compact car with the practicality and robustness of a sports utility vehicles (SUV) More >>
The Brucie Group Open Up Franchise Opportunities Nationwide
Monday, 20 May 2013, 10:38 am | The Brucie Group
The Brucie Group, one of Auckland’s most loved lawn mowing and garden care groups are making master franchise opportunities available throughout NZ. More >>
Off-road Light Diesel Vehicle RUC Exemption Benefits Many
Monday, 20 May 2013, 10:19 am | Federated Farmers
Federated Farmers advocacy has secured an exemption from Road User Charges (RUC) for light diesel vehicles of less than 3,500kg, which are used almost exclusively off-road. This will benefit the primary industries and potentially groups from tourism ... More >>
Auckland Airport hosting intensive China-ready workshops
Monday, 20 May 2013, 10:17 am | Auckland Airport
Auckland Airport has announced it is hosting a week of workshops for airport staff to learn more about our Chinese visitors More >>
Mayor of Porirua City Joins Telecom Foundation Board
Monday, 20 May 2013, 9:56 am | Telecom Foundation
The Telecom Foundation is proud to announce the appointment of new trustee, Mayor of Porirua City, Nick Leggett. More >>
SkyCity agrees to buy Queenstown’s Wharf Casino for $5M
Monday, 20 May 2013, 9:33 am | Businesswire
May 20 (BusinessDesk) - SkyCity Entertainment Group has agreed to buy Queenstown’s Wharf Casino for $5 million from Malaysia’s Lasseters, adding 74 electronic gaming machines and six gaming tables to its existing operations in the resort town. More >>
Commission Identifies Companies Liable Levy
Monday, 20 May 2013, 9:21 am | Commerce Commission
The Commerce Commission today released its draft determination of the amounts telcos will pay towards the $50 million Telecommunications Development Levy for 2011/12. More >>
NZ dollar hits 8 ½ mth low as US recovery continues
Monday, 20 May 2013, 9:14 am | Businesswire
NZ dollar hits 8 ½ mth low as improving US economy spurs speculation of end to QE More >>
irlines dismayed at increased air navigation charges
Monday, 20 May 2013, 9:11 am | BARNZ
Airlines serving New Zealand are dismayed Airways New Zealand has increased its charges for air navigation services by 10.6 per cent from July this year. More >>
NZ-born Fair Deal Coalition Gets Global Makeover
Monday, 20 May 2013, 8:56 am | InternetNZ
The Fair Deal Coalition announces that it is ramping up its presence with a global publicity and education campaign that will raise awareness of intellectual property rights proposals in the Trans Pacific Partnership (TPP). More >>
World Week Ahead: Central bank watch
Monday, 20 May 2013, 8:35 am | BusinessDesk
May 20 (BusinessDesk) – Wall Street seems destined to push to fresh highs again this week as investors continue to bet on both an improving economic outlook and a solid commitment from the US Federal Reserve to counter any weakness. More >>
Bank CEO calls for tax incentives for savers
Saturday, 18 May 2013, 2:19 pm | The Nation
Speaking on TV3’s “The Nation” Mr Thorburn said that because of the high current account deficit the country was vulnerable to international and external market shocks. More >>
‘Kahungunu takes giant step into farming’
Saturday, 18 May 2013, 1:29 pm | Ngati Kahungunu Iwi Inc
Chairman Ngahiwi Tomoana says, “Ngāti Kahungunu have taken the first step to diversify its interests from Fisheries to Farming.” More >>
Undermining Iranian Currency By Blocking Gold Imports
Saturday, 18 May 2013, 12:03 pm | GoldCore
Today’s AM fix was USD 1,376.75, EUR 1,069.15 and GBP 903.62 per ounce. Yesterday’s AM fix was USD 1,377.00, EUR 1,070.01 and GBP 904.32 per ounce. More >>
2013 NZ Hi-Tech Award Winners Announced
Saturday, 18 May 2013, 11:20 am | NZ Hi-Tech Awards
Xero and Vend big winners with two awards each, Xero takes out Company of the Year More >>

