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Latest Business Headlines [Page 2]

Food price index: December 2018

Tuesday, 15 January 2019, 2:12 pm | Statistics New Zealand

Stats NZ's Food price index: December 2018 media and information release is available on our website. More >>

Continued change in Outdoor sees Derek Lindsay exit OMANZ

Tuesday, 15 January 2019, 1:46 pm | OMANZ

There is no doubt that 2018 saw significant change in the make up of the Outdoor Industry. Although continuing to deliver impressive growth we have seen a year of merger and acquisition activity with changes affecting a large portion of the OMANZ ... More >>

Businesses become less gloomy as demand lifts: QSBO

Tuesday, 15 January 2019, 1:22 pm | BusinessDesk

Jan. 15 (BusinessDesk) - Business confidence improved somewhat in the December quarter but still remains deeply pessimistic, the latest quarterly survey of business opinion by the New Zealand Institute of Economic Research shows. More >>

The Coffee Club Scoops Gold

Tuesday, 15 January 2019, 12:55 pm | The Coffee Club

The Coffee Club has been recognised by New Zealand customers for going above and beyond expectations and delivering outstanding service, with a Gold Award in the 2019 Reader’s Digest Quality Service Awards. More >>

Cheaper to get your 5+ a day at the end of 2018

Tuesday, 15 January 2019, 12:25 pm | Statistics New Zealand

Avocados and lettuces were much cheaper than the previous summer, but egg prices hit a record high in December 2018, Stats NZ said today. More >>

NZ dollar firms; improved business confidence expected

Tuesday, 15 January 2019, 12:10 pm | BusinessDesk

Jan. 15 (BusinessDesk) - The New Zealand dollar firmed ahead of business confidence data today expected to show a lift in sentiment since October. More >>

Last-ditch lobbying for massive telescope project

Tuesday, 15 January 2019, 11:33 am | BusinessDesk

Jan. 15 (BusinessDesk) - Big data analytics firm Catalyst and parts of New Zealand's tiny astronomy community are mounting a last-ditch effort to keep New Zealand a full member of an international project to build the world's most powerful telescope. More >>

New Vietnamese restaurant in Invercargill

Tuesday, 15 January 2019, 11:25 am | Viet Kitchen

Invercargill’s newest restaurant promising ‘Simply authentic Vietnamese cuisine’ opened in its Spey St location late last year. More >>

Pub owners fined $30,000 for treating employees as casuals

Tuesday, 15 January 2019, 10:49 am | Ministry of Business Innovation and Employment

Two Canterbury tavern owners have been ordered to pay $30,000 by the Employment Relations Authority (ERA) for 30 breaches of the Holidays Act. More >>

New Ratings Website aims to help Car Buyers

Tuesday, 15 January 2019, 10:31 am | BuyerScore

New Consumer Ratings Website aims to help Car Buyers Avoid Dodgy Dealers as Complaints Rise More >>

Retail NZ Welcomes Nathan Guy Bill on Food Contamination

Tuesday, 15 January 2019, 10:28 am | Retail NZ

Retail NZ has applauded National MP Nathan Guy for proposing a Member’s Bill that will create stronger penalties for deliberate food contamination. More >>

HiFX morning Update, January 15 2019

Tuesday, 15 January 2019, 10:17 am | HiFX

The NZDUSD opens at 0.6825 (mid-rate) this morning. Global equity markets and risk-linked currencies have slipped lower overnight with concerns about the global economic outlook following the release of disappointing Chinese trade data the main driver. Yesterday ... More >>

Hawke’s Bay Airport’s new arrivals hall open for business

Tuesday, 15 January 2019, 10:09 am | Hawk's Bay Airport

The new arrivals hall at the Hawke’s Bay Airport has been well received by passengers as it opened today (Tuesday January 15). More >>

Winegrowing and climate change in New Zealand

Tuesday, 15 January 2019, 10:00 am | Wholesale landscapes

Increasingly the effects of climate change are being felt by winegrowers across New Zealand, posing challenges for the industry, which boasted export earnings of $1.7 billion in 2018 1 . This article examines likely future effects of climate change ... More >>

BitPrime Cryptocurrency Price Update 15/1/19

Tuesday, 15 January 2019, 9:47 am | BitPrime

Cryptocurrency Market Market capitalisation yesterday: NZD$179,315,802,334 Market capitalisation today: NZD$173,987,517,127 Change: -2.97% More >>

MARKET CLOSE: NZ shares inch higher in tepid trade

Monday, 14 January 2019, 9:25 pm | BusinessDesk

Jan. 14 (BusinessDesk) - New Zealand shares inched higher in quiet trading as investors await news from offshore. Kathmandu recovered some of its recent losses. More >>

ARA Group acquires Metalbilt, Danks in RCR disposal

Monday, 14 January 2019, 9:24 pm | BusinessDesk

Jan. 14 (BusinessDesk) - Metalbilt Doors and Danks Roller Doors have been sold to Sydney-based ARA Group as part of the liquidation of RCR Tomlinson’s New Zealand activities. More >>

UPDATE: Pohokura maintenance to cut production again

Monday, 14 January 2019, 9:24 pm | BusinessDesk

Jan. 14 (BusinessDesk) - Production from the offshore Pohokura gas field is to be cut for a third time in a year next month. More >>

NZ dollar falls after China's trade surplus with US balloons

Monday, 14 January 2019, 9:22 pm | BusinessDesk

Jan. 14 (BusinessDesk) - The New Zealand dollar drifted downwards after data showed China’s trade surplus with the US widened to its highest level in more than a decade, news that is likely to exacerbate tensions between the two nations. More >>

RBNZ appointments complete senior leadership team

Monday, 14 January 2019, 6:58 pm | BusinessDesk

Jan. 14 (BusinessDesk) - Simone Robbers and Christian Hawkesby will round out the Reserve Bank's senior leadership team, joining as assistant governors, said RBNZ governor Adrian Orr. More >>

Fitch expects slower GDP growth than Treasury

Monday, 14 January 2019, 6:57 pm | BusinessDesk

Jan. 14 (BusinessDesk) - New Zealand’s economy will likely grow at a slower pace than Treasury is forecasting due to weak business confidence and declining consumer confidence, according to Fitch Solutions Macro Research. More >>

Rhenus Asia-Pacific Strengthens Customer-focused Strategy

Monday, 14 January 2019, 5:28 pm | Rhenus Logistics

Rhenus Logistics Asia-Pacific embarks on customer-focused approach to build upon touch points globally, including its 15 countries and regions in Asia Pacific. As it aims to double up Intra-Asia volumes and revenues by end of 2020, strengthening ... More >>

Kiwi owned business brokerage acquires Melbourne beachhead

Monday, 14 January 2019, 4:25 pm | LINK

The country’s leading, and world’s largest business brokerage firm, LINK, today announced the acquisition of one of Australia’s premier business brokerages, Klemms Business Brokers, based in Melbourne. More >>

Pohokura maintenance to cut production again

Monday, 14 January 2019, 4:20 pm | BusinessDesk

Jan. 14 (BusinessDesk) - Production from the offshore Pohokura gas field is to be cut for a third time in a year next month. More >>

Two appointments complete RBNZ Senior Leadership team

Monday, 14 January 2019, 3:24 pm | Reserve Bank

Ms Simone Robbers and Mr Christian Hawkesby will join the Reserve Bank of New Zealand as Assistant Governors, Governor Adrian Orr announced today. More >>

New Year and new starters for Kiwibank Executive Committee

Monday, 14 January 2019, 3:22 pm | Kiwibank

Today Mike Hendriksen joined Kiwibank as its as Chief Legal Officer and next week Elliot Smith begins as its new Chief Strategy and Innovation Officer. More >>

Mediaworks Radio Reveals Game-Changing Magic Talk Lineup

Monday, 14 January 2019, 3:17 pm | Mediaworks

MediaWorks Radio isn’t holding back in 2019 as they reveal the exciting lineup of new talk and lifestyle channel, Magic Talk, launching on Saturday, January 19th. In an unprecedented move announced in 2018, the Magic brand encompasses both Magic ... More >>

Hotelising of the kiwi bach

Monday, 14 January 2019, 3:05 pm | Bachcare

Growing expectations of the holiday home rental market has led to a ‘hotelising’ of the Kiwi Bach. More >>

Rare beachfront section on the market

Monday, 14 January 2019, 2:39 pm | Bayleys

One of the last remaining undeveloped beachfront sections at Mount Maunganui in Tauranga has been placed on the market for sale. More >>

Chatham Rock eyes capital raising after Capital Trust delay

Monday, 14 January 2019, 2:18 pm | BusinessDesk

Jan. 14 (BusinessDesk) - Chatham Rock Phosphate says it will need to seek additional working capital to maintain “operating momentum” while it advances its proposed merger with Capital Trust Group. More >>

Kia Cerato first in 2019 to achieve 5 star safety rating

Monday, 14 January 2019, 1:09 pm | Automobile Association

The new Kia Cerato range launching in New Zealand in February has achieved 5 star safety ratings in ANCAP’s first round of testing for 2019. More >>

Orr: Don’t rely on bank stress test outcomes alone

Monday, 14 January 2019, 12:42 pm | BusinessDesk

Jan. 14 (BusinessDesk) - Reserve Bank governor Adrian Orr says stress tests of banks have inherent limitations, suggesting they shouldn’t be relied on. More >>

NZ dollar rises as benign inflation data weighs on USD

Monday, 14 January 2019, 12:12 pm | BusinessDesk

Jan. 14 (BusinessDesk) - The New Zealand dollar is trading firmer after benign inflation data in US on Friday affirmed expectations the central bank there will be measured in any moves to raise interest rates there. More >>

NZ Herald Introduces Be Well

Monday, 14 January 2019, 11:08 am | NZME.

14 January 2019 – NZME has printed the first issue of its brand new Monday magazine for 2019; Be Well. More >>

Auckland digital marketing startup makes NZ FAST 50, again!

Monday, 14 January 2019, 10:16 am | Firefly

A service based digital marketing agency company has made the list of New Zealand's fastest growing companies for the second year in a row. More >>

BitPrime Cryptocurrency Price Update

Monday, 14 January 2019, 9:49 am | BitPrime

Cryptocurrency Market Market capitalisation yesterday: NZD$178,923,156,485 Market capitalisation today: NZD$179,315,802,334 Change: 0.22% More >>

New Senior Hire at Perceptive

Monday, 14 January 2019, 9:27 am | Perceptive

Leading customer intelligence agency Perceptive has announced that Peter Thomson will be joining the team as Director of Strategy in January 2019. More >>

Summer safety tips for campers

Monday, 14 January 2019, 9:04 am | Insurance Council of New Zealand

It’s summertime, which means it’s the best time of year to camp. While most people just want to relax, ICNZ is reminding people to check their contents cover is up to date to ensure they don’t find themselves bearing unnecessary, and sometimes ... More >>

Provinces end 2018 with a bang

Monday, 14 January 2019, 8:44 am | Trademe

Property prices in the provinces ended 2018 with a bang after six regions reached record average asking prices according to the latest Trade Me Property Price Index. More >>

HiFX morning Update, January 14 2019

Monday, 14 January 2019, 8:06 am | HiFX

The NZDUSD opens at 0.6825 (mid-rate) this morning. It was a fairly quiet end to the trading week with the USD closing slightly higher against the EUR and Yen and softening against both the NZD and AUD as the partial shutdown of the US Government ... More >>

MoneyHub Reveals New Zealand’s Most Stolen Cars

Sunday, 13 January 2019, 10:36 am | MoneyHub

The desire for a stolen Toyota Hilux, Subaru Legacy and Subaru Impreza shows no signs of diminishing, with at least two reported stolen every day around New Zealand. Comprehensive analysis of Police data by financial comparison website ... More >>

Long-time Albany family sell up real estate holdings

Sunday, 13 January 2019, 10:33 am | Century 21 Real Estate

In 1977 when Cecilia McNicholl and her young family moved into Gills Road in Albany Heights it was a gravel road peppered with just a few houses, farms and 10-acre blocks. Now 42 years on, the family is selling three properties which were all part of their ... More >>

Small Businesses Last Chance for $119 Cost on bundle

Sunday, 13 January 2019, 10:25 am | Halfpricesoft

ezPaycheck payroll software bundle version for year 2018 and 2019 will only be available until January 31, 2019 at the special $119 cost. developers have extended the special priced combo to accommodate new customers that need to print ... More >>

Sale of Paymark Limited Completed

Saturday, 12 January 2019, 1:44 pm | Cameron Partners

The sale of Paymark Limited by ANZ, ASB, BNZ and Westpac NZ to Ingenico Group ( has now been completed. ANZ, ASB, BNZ and Westpac NZ had each owned 25% of the shares in Paymark. The shareholders said they believed Ingenico would be a very good owner ... More >>

Global Timber and Wood Products Market Update

Saturday, 12 January 2019, 1:42 pm | Wood Resources International

Declining trade of softwood lumber, plummeting lumber prices in the US and slowing wood demand in China were some of the biggest international lumber developments in the 3Q/18, reports the Wood Resource Quarterly More >>

Makers Nutrition Wins Big in the 3rd One Planet Awards

Saturday, 12 January 2019, 10:52 am | Makers Nutrition

Makers Nutrition announced that it has been named the winner in eleven categories of the prestigious One Planet® Awards. The coveted One Planet Awards is the world's premier awards program honoring best in business and professional excellence in every ... More >>

Strong Holidays Close Best Year for Restaurants Since 2015

Saturday, 12 January 2019, 10:47 am | PRNEWSWIRE

The restaurant industry had plenty to celebrate during the holiday season. December's same-store sales growth of +2.0 percent was the highest since August of 2015. December became the seventh consecutive month of positive growth, which highlights the industry's ... More >>

MARKET CLOSE: NZ shares rises onpositive offshore leads

Friday, 11 January 2019, 8:47 pm | BusinessDesk

Jan. 11 (BusinessDesk) - New Zealand shares rose as investors were cheered when US Federal Reserve Chairman Jerome Powell reiterated the US central bank can be patient on raising interest rates further. More >>

NZ dollar headed for 1.5% weekly gain

Friday, 11 January 2019, 8:45 pm | BusinessDesk

Jan. 11 (BusinessDesk) - The New Zealand dollar is headed for a 1.5 percent weekly gain after soothing comments from the Federal Reserve and signs of progress in US-China trade talks reduced fears of sharply slowing global growth. More >>

Synlait's licence for China exports renewed

Friday, 11 January 2019, 7:58 pm | BusinessDesk

Jan. 11 (BusinessDesk) - Synlait Milk said registration of its Dunsandel plant in the South Island has been renewed by Chinese authorities for another four years. More >>

Fuel delivery company refuses to agree to standard

Friday, 11 January 2019, 7:56 pm | First Union

Fuel delivery company refuses to agree to standard industry allowances and takes latest offer off the table – meanwhile partial strike continues More >>

UPDATE: Dwelling consents rise 5.3% in November year

Friday, 11 January 2019, 4:20 pm | BusinessDesk

Jan. 11 (BusinessDesk) - New Zealand councils consented almost 32,800 new dwellings in the year through November, 5.3 percent more than a year earlier, according to Stats NZ. More >>

No Australia housing crisis; NZ prices stable/lower: Nikko

Friday, 11 January 2019, 3:36 pm | BusinessDesk

Jan. 11 (BusinessDesk) - House prices in Australia, particularly in Sydney and Melbourne, are falling sharply and may have further to fall but this is by no means a crisis, according to Chris Rands, a portfolio manager with Nikko Asset Management in Sydney. More >>

Dwelling consents rise 5.3% in November year

Friday, 11 January 2019, 3:34 pm | BusinessDesk

Jan. 11 (BusinessDesk) - New Zealand councils consented almost 32,800 new dwellings in the year through November, 5.3 percent more than a year earlier, according to Stats NZ. More >>

Free virtual assistant for visually impaired passengers

Friday, 11 January 2019, 3:24 pm | Wellington Airport Limited

From today visually impaired passengers at Wellington Airport will have access to a free virtual assistant when travelling through the airport. More >>

Auckland veterinarian suspended for 9 months

Friday, 11 January 2019, 2:52 pm | Veterinary Council of NZ

An Auckland veterinarian has had his registration suspended for 9 months for being aggressive and intimidating towards a junior veterinarian working for him, and for not cooperating with the investigation carried out by the body responsible for maintaining ... More >>

Air New Zealand boosts flights for Boxing Day test

Friday, 11 January 2019, 2:47 pm | Air New Zealand

Air New Zealand is putting on extra flights to accommodate Kiwi cricket fans who’re already making plans to head to this year’s Boxing Day test match at the Melbourne Cricket Ground. More >>

Ikea NZ launch details: there will be meatballs

Friday, 11 January 2019, 2:43 pm | BusinessDesk

Jan. 11 (BusinessDesk) - After an inordinate amount of hype and years of heart-stopping “Is it coming? Is it not?”, the world’s largest furniture and home furnishings retailer, Ikea, has held a press conference, ostensibly to announce details about ... More >>

NZD little changed; Powell provides reasons to be dovish

Friday, 11 January 2019, 12:08 pm | BusinessDesk

Jan. 11 (BusinessDesk) - The New Zealand dollar is treading water after US Federal Reserve chair Jerome Powell outlined the concerns which are making him more cautious about raising interest rates further. More >>

Less than 6 months to insulate rentals or face a $4000 fine

Friday, 11 January 2019, 11:23 am | Real Estate Institute Of New Zealand

REINZ warns landlords they have less than 6 months to insulate rental properties or face a $4,000 fine More >>