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Latest Business Headlines [Page 2]

Aussie PE firm to take majority stake in Hellers

Tuesday, 25 September 2018, 4:47 pm | BusinessDesk

Sept. 25 (BusinessDesk) - Australian private equity firm Adamantem Capital's bid to buy a majority stake in Hellers from Rangatira investments should get a green light from the Overseas Investment Office but may face more scrutiny than it would ... More >>

Pacific Equity Partners to buy Evolution controlling stake

Tuesday, 25 September 2018, 4:19 pm | BusinessDesk

Sept. 25 (BusinessDesk) - Pacific Equity Partners will buy a controlling stake in New Zealand private hospital operator Evolution Healthcare for an undisclosed sum. More >>

More Farmers Turn to DNA Parentage Testing

Tuesday, 25 September 2018, 3:46 pm | Livestock Improvement Corporation

Farmer owned co-operative LIC has seen an increase in demand for its DNA parentage testing service as livestock farmers place increasing emphasis on cow quality over cow quantity. More >>

MPI releases imported apple and stonefruit plants

Tuesday, 25 September 2018, 3:11 pm | Ministry For Primary Industries

Around 20,000 apple plants and 400 stonefruit plants imported from a US testing facility have been released from all restrictions, says the Ministry for Primary Industries (MPI). More >>

The lighter side of wills

Tuesday, 25 September 2018, 2:52 pm | Public Trust

Knowing you have an up-to-date will in place is something that gives you peace of mind about your finances and property. But what about the other stuff? If today was your last day, what would happen to the things you care about? And do the people ... More >>

Bus drivers strike in Waikato for the fourth time

Tuesday, 25 September 2018, 2:01 pm | First Union

Bus drivers strike in Waikato for the fourth time as ERA is brought in to assist talks Over a hundred drivers in the Waikato region will once again carry out strike and picket action (for the fourth time in relation to this round of bargaining) tomorrow ... More >>

Taranaki to Host 2019 I-Site Conference

Tuesday, 25 September 2018, 1:53 pm | Tourism New Zealand

Taranaki to Host 2019 I-Site Conference Taranaki has been selected as the host the 2019 i-SITE Conference that will bring over 100 i-SITE owners and staff from across the country to the region for five days. Scheduled for September 2019, the event ... More >>

NZ Court of Appeal dismisses Stuff's NZCC appeal

Tuesday, 25 September 2018, 1:53 pm | Fairfax Media

25 September 2018: Fairfax Media Limited [ASX:FXJ] (“ Fairfax ” or “ Company ”) today announced its New Zealand business Stuff Limited (“ Stuff ”) has been advised that the Court of Appeal has dismissed the appeal of the High Court decision, ... More >>

GO Bus Says Latest Strike Shows Contempt

Tuesday, 25 September 2018, 1:51 pm | Go Bus

Go Bus says that it is astonished and disappointed the First Union has decided to strike in the Hamilton and King Country regions on the same day it is scheduled to participate in facilitated bargaining with the Employment Relations Authority. More >>

Skills Index shows New Zealand fails to meet demand

Tuesday, 25 September 2018, 1:39 pm | Hays

New Zealand’s talent mismatch between the skills jobseekers possess and those employers want sits at its highest in seven years, according to the 2018 Hays Global Skills Index, released today. More >>

New Zealand Late Payments Analysis

Tuesday, 25 September 2018, 1:09 pm | Illion

illion’s New Zealand Late Payments report for the June Quarter 2018 is out today. Click here for the full report and media release. Our analysis found the average late payment time for a New Zealand business rose 10 percent to 6.8 days during the ... More >>

Appeal Court upholds rejection of Stuff, NZME merger

Tuesday, 25 September 2018, 12:57 pm | BusinessDesk

Sept. 25 (BusinessDesk) - The Court of Appeal has upheld the rejection of plans to create a dominant newspaper publisher through the merger of Stuff and NZME. More >>

NZ Chocolate Awards

Tuesday, 25 September 2018, 12:55 pm | New Zealand Chocolate Awards

More than 135 Chocolates Assessed in the NZ Chocolate Awards Tuesday 24 September 2018 Auckland: After intense tasting New Zealand’s top chocolates have been named, with award- winners from Matakana to Queenstown. Judging was held at The Fresh Factory, ... More >>

Six international blockchain experts to speak in Auckland

Tuesday, 25 September 2018, 12:48 pm | Blockworks

Blockworks has lined up six of the best from the world of blockchain for its conference on Friday 12th October speaking on topics ranging from how blockchain can power smart cities to supporting digital identity, and the finance, transport and services sectors. More >>

NZOG, partners start drilling south of New Plymouth

Tuesday, 25 September 2018, 12:43 pm | BusinessDesk

Sept. 25 (BusinessDesk) - New Zealand Oil & Gas and its partners have started drilling the Kohatukai-1 exploration well south-east of New Plymouth. More >>

Smol to join Contact board

Tuesday, 25 September 2018, 12:13 pm | BusinessDesk

Sept. 25 (BusinessDesk) - Former top public servant David Smol is to join the board of Contact Energy next month. More >>

Pasture pests costing economy billions

Tuesday, 25 September 2018, 12:07 pm | AgResearch

Pests most commonly targeting New Zealand’s pastures are costing the economy up to $2.3 billion a year, an AgResearch study has found. More >>

Sheep and beef farmers bullish about the future

Tuesday, 25 September 2018, 12:01 pm | Beef And Lamb NZ

More than two thirds of sheep and beef farmers are positive about the future of the industry, according to research by Beef + Lamb New Zealand (B+LNZ) More >>

Response to Court of Appeal’s decision on StuffMe

Tuesday, 25 September 2018, 11:43 am | Better Public Media

The Better Public Media Trust (BPM) welcomes the Court of Appeal's decision to uphold the determination of the Commerce Commission declining to authorise the NZME-Stuff merger. BPM believes the Court has made absolutely the right decision. More >>

NZ dollar dips as China criticises US protectionism

Tuesday, 25 September 2018, 11:35 am | BusinessDesk

Sept. 25 (BusinessDesk) - The New Zealand dollar slipped as China accused the US of intimidating other nations with its trade policy. More >>

Combined Building Supplies Co-op Welcomes Bunnings Trade NZ

Tuesday, 25 September 2018, 11:32 am | CBS Co-Op

That from Combined Building Supplies Co-operative spokesman, Ian Lamb, who says the recently signed agreement with Bunnings, which is worth many millions of dollars to the Co-op’s shareholders, gives CBS shareholders New Zealand-wide access to ... More >>

Paving the way to the front door for BNZ KiwiBuilders

Tuesday, 25 September 2018, 11:25 am | BNZ

BNZ’s ambition to turn the home ownership dream into a reality for as many New Zealanders as possible has inspired its approach to KiwiBuild. More >>

Mental Health in the Construction Industry

Tuesday, 25 September 2018, 10:40 am | Branz

The New Zealand Construction Industry has the highest percentage of suicide for employed men of any industry in this country. Most of those interviewed as part of a recent BRANZ study, while surprised at the high suicide rate, agreed there was a key driver ... More >>

Pay equity deal must apply to social workers

Tuesday, 25 September 2018, 10:23 am | SSPA

SSPA welcomes the landmark pay equity deal for Oranga Tamariki social workers and says it must also apply to social workers contracted by community organisations that deliver services to Oranga Tamariki. More >>

Good growth but international risks

Tuesday, 25 September 2018, 10:21 am | BusinessNZ

The BusinessNZ Planning Forecast for the September 2018 quarter shows continued growth but with some easing expected. More >>

Rockburn Pinot Noir awarded 97 points in wine competition

Tuesday, 25 September 2018, 10:18 am | Rockburn Pinot Noir

Rockburn’s flagship Pinot Noir scored 97 out of 100 points and received Platinum Medal status at the prestigious Decanter Asia Wine Awards (DAWA) 2018. More >>

EP investment in Evolution Healthcare Group

Tuesday, 25 September 2018, 10:18 am | Evolution Healthcare Group

Leading Australasian private healthcare provider, Evolution Healthcare Group (Evolution), is pleased to announce a significant investment by funds advised by Pacific Equity Partners (PEP). More >>

Social Worker pay equity settlement marks milestone

Tuesday, 25 September 2018, 10:07 am | PSA

Reaching a pay equity settlement for social workers at Oranga Tamariki is an historic milestone that begins to put social work up where it belongs, says the PSA. More >>

Commission welcomes Court of Appeal ruling on NZME/Fairfax

Tuesday, 25 September 2018, 10:04 am | Commerce Commission

The Court of Appeal has dismissed NZME and Fairfax’s (now Stuff) long-running appeal against the Commerce Commission’s decision to decline their media merger. More >>

Young investors attracted to NZ’s 100% fee-free KiwiSaver

Tuesday, 25 September 2018, 9:51 am | Juno Kiwisaver

The JUNO KiwiSaver Scheme is only seven weeks old but already one third of its investors are kids. More >>

Tenants in the provinces face record rents

Tuesday, 25 September 2018, 9:50 am | Trademe

Tenants outside New Zealand’s three major cities are facing record rents after the median rent rose 10.5 per cent on last year to an all-time high of $420 per week in August, according to the latest Trade Me Rental Price Index. More >>

New Zealand universities back micro-credentials

Tuesday, 25 September 2018, 9:41 am | Cisco Systems

Global IT heavyweight, Cisco, is set to lead the growing cybersecurity skills gap shortage in New Zealand with early support from the tertiary sector and industry bodies. More >>

Digital Misfits Win John Britten Black Pin

Tuesday, 25 September 2018, 9:28 am | Resn

Steve Le Marquand and Rik Campbell, founders of creative digital agency Resn, are this year’s recipients of the John Britten Black Pin. The award is the highest given by the Designers Institute of New Zealand and recognises leadership, vision ... More >>

Adamantem Capital to invest in Hellers

Tuesday, 25 September 2018, 9:26 am | Adamentem

Adamantem Capital (Adamantem), a boutique Australian private equity firm, will invest in iconic New Zealand premier sausage, bacon and ham manufacturer Hellers Limited (Hellers) alongside founder Todd Heller. More >>

Putting customers front and centre, digitally

Tuesday, 25 September 2018, 9:14 am | BNZ

BNZ’s relentless focus on delivering excellent customer experiences has been recognised with the bank being named Canstar’s Bank of the Year – Online Banking for 2018. More >>

Convenience and speed are why Kiwis love online banking

Tuesday, 25 September 2018, 8:56 am | Canstar

A new Canstar survey of over 2,300 Kiwis reveals that being able to bank anytime, anywhere, and the speed at which transactions take place are the top reasons why Kiwi’s use online banking. More >>

HiFX morning Update, September 25 2018

Tuesday, 25 September 2018, 8:40 am | HiFX

The NZD opens at 0.6643 In relatively quiet trading, the NZD is off a touch. This is not too surprising giving the large data day on Thursday. With the FOMC statement in the early morning and RBNZs own statement and rate decision a little later Thursday ... More >>

Market Close: NZ stocks mixed, A2 Milk leads declines

Monday, 24 September 2018, 9:13 pm | BusinessDesk

Sept. 24 (BusinessDesk) - New Zealand shares were mixed as last week’s FTSE index adjustments rippled through major stocks today. A2 Milk, which has entered the FTSE Russell All World Index, led the declines; Sky Network Television, which made way ... More >>

Oil exploration ban will cost NZ govt $7.9B in lost revenues

Monday, 24 September 2018, 9:11 pm | BusinessDesk

Sept. 24 (BusinessDesk) - The government's proposed ban on new offshore oil and gas exploration permits may cost the country $7.9 billion in revenue foregone between now and 2050, the Ministry of Business, Innovation and Employment says. More >>

NZ dollar sticks to tight range ahead of key events

Monday, 24 September 2018, 8:26 pm | BusinessDesk

Sept. 24 (BusinessDesk) - The New Zealand dollar stuck to a tight range ahead of key events later in the week, including interest rate decisions from the US Federal Reserve and New Zealand's central bank. More >>

OIO approves Bounty Holdings bid to buy Tegel Group

Monday, 24 September 2018, 8:16 pm | BusinessDesk

OIO approves Bounty Holdings bid to buy Tegel Group, offer now unconditional By Rebecca Howard More >>

Outspoken Fonterra critic launches campaign for board seat

Monday, 24 September 2018, 7:59 pm | BusinessDesk

Sept. 24 (BusinessDesk) - Outspoken former Fonterra director Leonie Guiney, who was temporarily gagged by the cooperative after losing her seat on the board last year, is seeking re-election in November. More >>

PREVIEW: RBNZ to keep rates on hold

Monday, 24 September 2018, 7:47 pm | BusinessDesk

PREVIEW: RBNZ to keep rates on hold, reiterate next move could be up or down More >>

Complaint under investigation at Russell McVeagh

Monday, 24 September 2018, 7:34 pm | Russell McVeagh

Russell McVeagh is investigating a complaint which relates to a partner making inappropriate comments while attending a client event under the influence of alcohol. More >>

Stacey Shortall named New Zealand’s Dispute Star

Monday, 24 September 2018, 5:14 pm | Minter Ellison Rudd Watts

MinterEllisonRuddWatts partner Stacey Shortall has been named New Zealand’s Disputes Star of the Year at the annual Asia Law Asia-Pacific Dispute Resolution Awards 2018. More >>

Major Fresh Produce Traceability Project Underway

Monday, 24 September 2018, 4:57 pm | United Fresh

Auckland, Monday 24th September 2018: In light of the recent shocking Australian strawberry tampering event, the New Zealand produce industry is taking every action possible to reassure customers their safety systems are robust. United Fresh is the ... More >>

Govt announces $27.4M PGF spend for Rotorua

Monday, 24 September 2018, 4:04 pm | BusinessDesk

Sept. 24 (BusinessDesk) - The government said its Provincial Growth Fund will invest $27.4 million to support Rotorua's plans to redevelop its lakefront and Whakarewarewa Forest as part of an effort to bolster tourism and job growth in the region. More >>

New Chief Executive for ERANZ

Monday, 24 September 2018, 3:51 pm | ERANZ

The Electricity Retailers’ Association of New Zealand (ERANZ) has today announced that Cameron Burrows will take over as Chief Executive from 29 October. More >>

Site Safe Construction Health and Safety Awards Finalists

Monday, 24 September 2018, 3:50 pm | Site Safe NZ

Finalists announced - Site Safe Construction Health and Safety Awards Available for immediate release 24/09/2018 Site Safe is pleased to announce the 13 outstanding finalists for the 2018 awards, which promote health and safety in construction by ... More >>

New COO For Chapman Tripp

Monday, 24 September 2018, 3:35 pm | Chapman Tripp

Chapman Tripp welcomes a new chief operating officer, Sophia Gunn. She starts with the firm today after 18 years as chief operating officer at Deloitte. More >>

Capacity upgrade planned for Hawaiki cable

Monday, 24 September 2018, 3:30 pm | BusinessDesk

Sept. 24 (BusinessDesk) - Hawaiki Submarine Cable has contracted with US-based Ciena Corp to increase the capacity of its deep-sea fibre optic cable by more than half. More >>

FarmIQ Powers Farmlands’ SafeFarm

Monday, 24 September 2018, 3:20 pm | Farm IQ Systems

New Zealand’s most comprehensive farm management software provider has partnered with the country’s largest farmer retail co-operative, Farmlands, to launch SafeFarm, a complete Health and Safety software system designed with New Zealand farmers in ... More >>

ASB customers help secure a win for Rush Digital

Monday, 24 September 2018, 2:51 pm | ASB Bank

Tech design company Rush Digital was celebrated at the Best Design Awards on the weekend, winning the User Experience Purple Pin award for their work in collaboration with ASB and the Starship Foundation. More >>

Fujifilm announces a world first in camera technology

Monday, 24 September 2018, 2:49 pm | FUJIFILM

FUJIFILM is taking a leap into fourth generation technology with the announcement of its latest digital camera out to catch the eye of serious videographers. More >>

Food and beverage premises for sale

Monday, 24 September 2018, 2:12 pm | Bayleys

A pair of suburban food and beverage premises located in busy light commercial and retail hubs on Auckland’s North Shore have been placed on the market for sale. More >>

Agricultural Aviation Sector Ensures Professionalism

Monday, 24 September 2018, 1:33 pm | Agricultural Aviation Association

"The Aerial Agricultural industry takes a great deal of pride in the professionalism of our operators and pilots and we can assure the general public that agricultural pilots are extremely well trained in systems that ensure unwanted risks to people, ... More >>

New Zealand strawberries ripe and ready for eating

Monday, 24 September 2018, 1:13 pm | Horticulture NZ

There is no evidence to suggest any connection to New Zealand strawberries from a find of needles in Australian strawberries in an Auckland Countdown store on Saturday, says Strawberry Growers New Zealand Executive Manager Michael Ahern. More >>

Steel & Tube affirms guidance citing new contracts

Monday, 24 September 2018, 12:56 pm | BusinessDesk

Sept. 24 (BusinessDesk) - Steel & Tube Holdings has reaffirmed its full-year earnings guidance citing new customer contracts and progress with efforts to streamline its business and cut costs. More >>

Investors look for healthy returns

Monday, 24 September 2018, 12:38 pm | Bayleys

Two stand-alone suburban fruit and vegetable supermarkets in Auckland have been placed on the market for sale. More >>

Final Candidates for Fonterra Elections Announced

Monday, 24 September 2018, 12:21 pm | Fonterra

Following the completion of the Self Nomination Process for the 2018 Directors’ Election Process, there are five candidates standing for three places on the Fonterra Board in 2018. Peter McBride, Jamie Tuuta and Ashley Waugh were announced two weeks ... More >>