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JPMorgan's NZ branch gets formal warning for 2013 lapse

Wednesday, 4 March 2015, 5:43 pm | BusinessDesk

JPMorgan's NZ branch gets formal warning from central bank over lack of risk assessment plan in 2013 More >>

MARKET CLOSE: NZ shares fall; Meridian, MRP, DNZ drop

Wednesday, 4 March 2015, 5:36 pm | BusinessDesk

March 4 (BusinessDesk) - New Zealand shares fell, led by Meridian Energy and MightyRiverPower as demand abated for companies with dependable dividend streams. Warehouse Group rose ahead of reporting its earnings this week. More >>

Christchurch MarketWatch Analysis March 2015

Wednesday, 4 March 2015, 5:18 pm | Harcourts

In the latest residential property figures from Harcourts, there is evidence of new builds coming onto the market with listings up 17.0% compared to last year. More >>

NZ dollar little changed after Australian GDP data

Wednesday, 4 March 2015, 5:13 pm | BusinessDesk

March 4 (BusinessDesk) - The New Zealand dollar was little changed after figures showed Australia's economy got a boost from increased consumer spending, offsetting the decline in its resources sector. More >>

Advertising Helping the Black Caps’ Success

Wednesday, 4 March 2015, 5:05 pm | Cherry on Top

The past weekend was a special one. Kiwis all over the world started their week on a high after watching the Black Caps deliver a historical performance. The atmosphere at Eden Park last Saturday afternoon, (and I emphasise afternoon) was unparalleled ... More >> Launches Booking Now in NZ

Wednesday, 4 March 2015, 5:02 pm | Launches Booking Now in New Zealand, the First Truly Global App for Spontaneous Bookers More >>

BDO NZ launches world-first real-time advisory service

Wednesday, 4 March 2015, 3:34 pm | Ideas Shop

BDO New Zealand is launching a world-first ‘real-time’ business advisory service with a nationwide roll-out of Xero add-on CrunchBoards. More >>

Pioneering Exporter Outstanding at Auckland’s Business Best

Wednesday, 4 March 2015, 3:20 pm | Auckland Chamber of Commerce

Auckland’s top businesses gathered last night to recognise the best of Auckland’s business best at the Westpac Auckland Business Awards inaugural ‘Best of the Best’ gala dinner and awards ceremony. More >>

Woolworths takes $28.3 mln haircut on Warehouse

Wednesday, 4 March 2015, 2:35 pm | BusinessDesk

March 4 (BusinessDesk) - Woolworths has taken a near $28.3 million haircut on its investment in Warehouse Group after James Pascoe, the retail group owned by David and Anne Norman, bought the Australian supermarket chain's stake in New Zealand's ... More >>

MYOB grows its developer partner network

Wednesday, 4 March 2015, 2:23 pm | MYOB

New Zealand’s leading accounting software provider MYOB has reached a new milestone with its innovative API program, attracting more than 2000 API developer partners to the ecosystem in just MYOB has introduced APIs for flagship products AccountRight ... More >>

National Road Carriers wants action on link with Auckland

Wednesday, 4 March 2015, 2:20 pm | National Road Carriers

“The State Highway between Auckland and Whangarei and towns further north is Northland’s “economic lifeline” More >>

AsureQuality posts 5% drop in 1H profit as costs rise

Wednesday, 4 March 2015, 2:15 pm | BusinessDesk

AsureQuality posts 5% drop in 1H profit as costs rise; expects to beat FY target More >>

Carter Holt cladding 'inherently defective', court hears

Wednesday, 4 March 2015, 2:08 pm | BusinessDesk

March 4 (BusinessDesk) - Carter Holt Harvey cladding sheets and systems used in 880 school buildings were "inherently defective" and the Ministry of Education is entitled to sue the company, the Court of Appeal heard today. More >>

Kordia turns to profit in 1H as Australian business improves

Wednesday, 4 March 2015, 1:54 pm | BusinessDesk

March 4 (BusinessDesk) - Kordia Group, the broadcasting and telecommunications network operator, turned to a profit in the first half on an improved performance at its Australian business. More >>

Tasman Young Farmers to be put to the test

Wednesday, 4 March 2015, 1:51 pm | ANZ Young Farmer Contest

Tasman Young Farmers to be put to the test in ANZ Young Farmer Contest Regional Final FOR IMMEDIATE RELEASE 04-03-15 More >>

Rex Bionics widens full-year loss as costs rise

Wednesday, 4 March 2015, 1:47 pm | BusinessDesk

March 4 (BusinessDesk) - Rex Bionics Plc, the New Zealand firm listed on the London Stock Exchange's AIM market, said higher costs to commercialise its robotic exoskeletons widened its full-year loss to 3.56 million pounds from 480,000 pounds a year earlier. More >>

More dogs for epilepsy charity

Wednesday, 4 March 2015, 12:35 pm | Bayer NZ

Auckland, 4 March, 2015 – The New Zealand Epilepsy Assist Dog Trust, based in Kumeu, can now train more dogs to assist people living with epilepsy, thanks to a donation from the global Bayer Cares Foundation. More >>

Finzsoft & Silverlake Axis Join Forces

Wednesday, 4 March 2015, 12:30 pm | Finzsoft

Video: Silverlake Axis Group Executive Chairman, Goh Peng Ooi talks about why SAL is investing in Finzsoft More >>

NZ government launches Ageing Well, latest science challenge

Wednesday, 4 March 2015, 12:30 pm | BusinessDesk

March 4 (BusinessDesk) - Science and Innovation Minister Steven Joyce has launched the Ageing Well National Science Challenge, one of 11 planned by the government to tackle the country’s biggest science-based issues. More >>

AVG Launches Secure Sign-On for Service Providers

Wednesday, 4 March 2015, 12:28 pm | AVG Technologies

AVG Business SSO puts IT providers and business owners securely back in control of workers’ mobile devices and their remote applications More >>

More Kiwis have income protection insurance

Wednesday, 4 March 2015, 12:21 pm | Financial Services Council

More Kiwis have income protection insurance to maintain their incomes when long term illness prevents employment More >>

Rural broadband supplier signs deal with PGG Wrightson

Wednesday, 4 March 2015, 12:12 pm | Wireless Nation

Cutting-edge ISP Wireless Nation has signed an agreement with nationwide rural supplier PGG Wrightson making it even simpler for farmers to access and pay for fast and reliable internet services. More >>

NZ-India Business Summit – It’s Not Just Cricket

Wednesday, 4 March 2015, 12:10 pm | INZBC

Some of India’s most senior and influential business people will be in Auckland on March 13 for the second investment summit to be hosted by the India-New Zealand Business Council. “While the Cricket World Cup is the reason we are holding the ... More >>

Great season for velvet producers

Wednesday, 4 March 2015, 12:08 pm | Deer Industry NZ

Deer farmers have now enjoyed a six year-run of firming prices for velvet antler, making velvet production one of the most profitable livestock farming ventures. More >>

New Zealand's most expensive cake

Wednesday, 4 March 2015, 12:07 pm | Jenny Rudd from MOSH

There is plenty of nervousness around posting photos of a girls' night out downing tequilas on Facebook. God forbid anyone tag you in them and you lose out on your dream job because an employer googles you and sees a Chippendale in nothing but a ... More >>

‘Calling Directors of the Future’

Wednesday, 4 March 2015, 12:07 pm | Silver Fern Farms

The Burnside Hart Co-operative Education Trust and Silver Fern Farms are inviting shareholders to apply for a new Co-operative Governance Scholarship. More >>

Esquires serves up new café experience

Wednesday, 4 March 2015, 12:04 pm | Retail Food Group

For 13 years Esquires has been an aspiring leader in New Zealand’s rapidly developing coffee market, now the business is on a mission to become Kiwis’ café of choice. More >>

Auckland February house sales high, price pressure eases

Wednesday, 4 March 2015, 11:42 am | Barfoot and Thompson

While the number of Auckland house sales were at their second highest level in a February for seven years, a significant increase in choice eased the pressure on values with the average and median sales prices for the month both edging down. More >>

Choice Hotels Announces Technology Agreement with SiteMider

Wednesday, 4 March 2015, 11:37 am | Choice Hotels

Choice Hotels International (NYSE: CHH), a leading worldwide accommodation company, announced today an agreement with SiteMinder, the leading cloud platform for hotel distribution. The agreement will benefit Choice Hotels Australasia, as properties ... More >>

NZ residential building activity rises 4.3% in 4th-qtr

Wednesday, 4 March 2015, 11:34 am | BusinessDesk

March 4 (BusinessDesk) - New Zealand residential building activity rose for the first time in three quarters in the final three months of 2014, led by earthquake-related rebuilding work in Canterbury. More >>

Futuristic Smeg Design Auctioned for Children’s Charity

Wednesday, 4 March 2015, 11:34 am | SMEG New Zealand

Aleisha Station’s captivating DIRECTION OF THE FUTURE makeover of a Smeg FAB28 retro refrigerator is the final one of four contemporary works up for auction through Trade Me – raising funds for Ronald McDonald House Charities New Zealand. More >>

Manuka Ales - don’t lose another piece of Kiwiana

Wednesday, 4 March 2015, 11:18 am | Naturale

Support these (iconic) uniquely Kiwi Manuka Ales so they can go to market, or else we risk the neighbours over the ditch taking this one as well. More >>

Minister of Energy and Resources to open Downstream tomorrow

Wednesday, 4 March 2015, 11:08 am | Downstream

The energy sector’s annual 2-day conference ‘Downstream’ is being held in Auckland tomorrow, at the SkyCity Convention Centre in Auckland. More >>

Amphibious boats help Waiheke community in coastal clean up

Wednesday, 4 March 2015, 11:06 am | Sealegs

Amphibious vehicle manufacturer Sealegs is lending its land and sea capabilities to Sustainable Coastline’s Love Your Coast Waiheke Island Beach Clean-ups. More >>

Spark sells Telecom Rentals for $106M to FlexiGroup

Wednesday, 4 March 2015, 11:05 am | BusinessDesk

March 4 (BusinessDesk) - Spark New Zealand, formerly Telecom Corp, agreed to sell its Telecom Rentals business for $106 million to Australian financial services company FlexiGroup. More >>

Asia popular with Kiwis as NZ hotel prices rise

Wednesday, 4 March 2015, 10:59 am |

New Zealand hotel rates rose by 5 per cent in 2014 while Asian hotel prices fell More >>

Auckland houses prices fall in Feb as volume, listings rise

Wednesday, 4 March 2015, 10:57 am | BusinessDesk

March 4 (BusinessDesk) - Auckland house prices fell in February, as listings rose and the number of properties sold reached its second-highest level in seven years for that month, according to the city's largest realtor. More >>

South Africans Dominate Central Plateau Dairy Awards

Wednesday, 4 March 2015, 10:52 am | New Zealand Diary Industry Awards Trust

There was a South African treble at the 2015 Central Plateau Dairy Industry Awards last night, with all three major winners having South African roots. More >>

Building work tops $15 billion in 2014

Wednesday, 4 March 2015, 10:51 am | Statistics New Zealand

More than $15 billion worth of building work was carried out in 2014, Statistics New Zealand said today. The latest value was $2.8 billion higher than in 2013, a 23 percent rise. More >>

Combination Creates Global Telematics Leader

Wednesday, 4 March 2015, 10:36 am | Navman Wireless

AUCKLAND, 4 March, 2015 — Navman Wireless and Teletrac Inc., two of the leaders in the GPS fleet and asset tracking space, have merged to create one of the world’s largest global telematics organisations. More >>

BOP Dairy Awards Boosts Careers

Wednesday, 4 March 2015, 10:28 am | NZ Dairy Industry Awards

Entering the Bay of Plenty Dairy Industry Awards has helped the region’s 2015 Sharemilker/Equity Farmers of the Year, Grant and Karley Thomson, secure a new position beginning in June. More >>

NZ new vehicle sales jump 8.1% to 31-year high in February

Wednesday, 4 March 2015, 10:09 am | BusinessDesk

March 4 (BusinessDesk) - New Zealand new vehicle sales rose 8.1 percent in February to the highest level for 31 years, reflecting buoyant economic conditions. More >>

Conditional agreement for sale of Telecom Rentals

Wednesday, 4 March 2015, 10:07 am | Spark NZ

Spark New Zealand announced today it has entered into a conditional agreement to sell 100% of share capital in Telecom Rentals Limited (TRL) for $106 million to FlexiGroup Limited. More >>

NZX appoints First NZ Capital as NXT market maker

Wednesday, 4 March 2015, 9:56 am | BusinessDesk

March 4 (BusinessDesk) - NZX, the stock market operator, named First NZ Capital as the first brokerage to agree to be a market maker for its yet-to-be-launched NXT market for small and medium-sized companies. More >>

NZX share trading climbs in February

Wednesday, 4 March 2015, 8:57 am | BusinessDesk

March 4 (BusinessDesk) - The volume and value of cash trading on New Zealand's share market rose in February, snapping a decline a month earlier, and helped push the value of the local equity market above $100 billion. More >>

NZ dollar benefits from commodity currency gains

Wednesday, 4 March 2015, 8:32 am | BusinessDesk

March 4 (BusinessDesk) - The New Zealand dollar rose along with other commodity currencies after the Australian Reserve Bank chose not to cut interest rates yesterday and following better-than-expected growth data in Canada. More >>

While you were sleeping: Stocks slide on car sales

Wednesday, 4 March 2015, 8:02 am | BusinessDesk

March 4 (BusinessDesk) - Wall Street moved lower from record highs after disappointing car sales lowered the appeal of equities for now, as investors await a speech from Federal Reserve Chair Janet Yellen later in the day, as well as US jobs data this ... More >>

Dairy product prices rise with butter and cheddar

Wednesday, 4 March 2015, 6:50 am | BusinessDesk

March 4 (BusinessDesk) - Dairy product prices rose in the latest GlobalDairyTrade auction, as gains in the price of butter and cheddar outweighed declines in the price of anhydrous milk fat, whole milk powder and rennet casein. More >>

Bankrupt Bryers needs to get back on his feet, lawyer says

Tuesday, 3 March 2015, 6:20 pm | BusinessDesk

March 3 (BusinessDesk) - Mark Bryers, bankrupted in 2009 owing $230 million, is running out of time to get back on his feet, his lawyer told a High Court hearing seeking to discharge the former boss of Blue Chip. More >>

MARKET CLOSE: NZ shares rise, led by Warehouse

Tuesday, 3 March 2015, 5:32 pm | BusinessDesk

March 3 (BusinessDesk) - New Zealand shares rose to a fresh record pushed higher by Warehouse Group after James Pascoe lifted its stake to become the second-biggest shareholder in the retailer. Diligent Board Member Services fell after an analyst's ... More >>

Employers be valuable in domestic violence response

Tuesday, 3 March 2015, 5:23 pm | National Council of Women of NZ

This International Women’s Day, the National Council of Women of New Zealand is encouraging employers to take more action to progress gender equality and take a stand against domestic violence. More >>

NZ dollar falls vs. A$ after RBA keeps rates on hold

Tuesday, 3 March 2015, 5:18 pm | BusinessDesk

March 3 (BusinessDesk) - The New Zealand dollar fell against its trans-Tasman counterpart after the Reserve Bank of Australia kept its key rate unchanged, while leaving open the possibility of a future cut. More >>

RBA holds cash rate at 2.25%, open to further easing

Tuesday, 3 March 2015, 5:06 pm | BusinessDesk

March 3 (BusinessDesk) - The Reserve Bank of Australia held its cash rate unchanged, having cut the benchmark to a record low last month, saying further cuts may be appropriate to stoke sustainable economic growth. More >>

Proactive electricity retailers lead the way internationally

Tuesday, 3 March 2015, 5:01 pm | Electricity Authority

Latest international research shows New Zealand’s electricity retailers are competing fiercely for customers compared with those in selected overseas markets with competitive retail markets, but New Zealand consumers are relatively passive about exercising ... More >>

Review illustrates NZ’s positive electricity market

Tuesday, 3 March 2015, 5:00 pm | Electricity Authority

The Electricity Authority’s annual review of the electricity market shows electricity demand is back on the increase, the four largest retailers are losing market share and electricity prices are being held, while technological innovations are likely ... More >>

Commission reaches preliminary view on infant formula

Tuesday, 3 March 2015, 4:19 pm | Commerce Commission

The Commerce Commission has reached a preliminary view that it should allow members of the Infant Nutrition Council (INC) to restrict their advertising and marketing of infant formula for children under six months of age. More >>

New appointments position NZ CA as a top tier accountancy gr

Tuesday, 3 March 2015, 4:12 pm | NZCA

Greymouth chartered accountant Sue Merriman has been appointed as chair of NZ CA, an association of independent chartered accountants throughout New Zealand. More >>

James Pascoe lifts Warehouse stake to 16.4%

Tuesday, 3 March 2015, 4:04 pm | BusinessDesk

March 3 (BusinessDesk) - James Pascoe, the retail group owned by David and Anne Norman, has lifted its holding in Warehouse Group to 16.4 percent after buying out Australian retailer Woolworths' stake for $87.1 million. More >>

New Heritage Consultancy to Help Fix those Building Blues

Tuesday, 3 March 2015, 3:32 pm | Reverb

New Heritage Consultancy to Help Fix those Building Blues. Auckland, New Zealand – March 3, 2015 - Bruce Petry (formerly a director of Salmond Reed Architects), is taking a fresh look at the way heritage advice is being provided to nervous building ... More >>

CityLink upgrades its Ethernet services

Tuesday, 3 March 2015, 3:27 pm | CityLink

Fibre and wireless network provider CityLink, has just completed transferring its Auckland Ethernet operations to a new network infrastructure that allows greater access to Gigabit speeds and beyond, for thousands of businesses. The migration of ... More >>


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