Latest Business Headlines [Page 2]
Poor workmanship can cost you dearly come claim time
Tuesday, 15 October 2013, 4:10 pm | AA Insurance
AA Insurance is advising customers to seek professional advice when making home improvements, as poor workmanship that contributes to the damage of your home, may affect any resulting claim. More >>
Budding Entrepreneur Launches Organic Skincare Range
Tuesday, 15 October 2013, 4:02 pm | Martina Organics
Hand blended in the heart of Wellington’s bohemian Cuba Street, a new unisex organic skin care range has been brought to life by an incipient 29 year old entrepreneur. More >>
Milestone Homes Looks For NZ Nationwide Franchisees
Tuesday, 15 October 2013, 3:58 pm | Milestone Homes
Milestone Homes is focussed on growing its nationwide group of franchisees and offers prospective business owners a smart, comprehensive franchise support package. Milestone Homes Business Development Manager, Dave Wilson, explains how the New Zealand psyche ... More >>
Talented ex-pat directs web work back home
Tuesday, 15 October 2013, 3:54 pm | Avatar Ltd
There was a silver lining for Christchurch web company Avatar after one of its most talented employees decided it was time for some OE. More >>
Upcycling boutique relocates within the Grey Lynn community
Tuesday, 15 October 2013, 3:37 pm | Makanaka Tuwe
Born out of creative curiosity, a rule-breaking spirit and attitude, Lucy*Mae’d’s designs are an on-going practice of exploration. Lucy-Mae Goffe-Robertson began sewing and designing 10 years ago, when inspiration struck her. More >>
Dairy convictions send a powerful message
Tuesday, 15 October 2013, 3:35 pm | Federated Farmers
Following the conviction and fining of farmers under the Resource Management Act, Federated Farmers supports the legal role regional councils play in protecting the environment. More >>
SkyPath innovates with America’s Cup technology
Tuesday, 15 October 2013, 3:32 pm | SkyPath
SkyPath is capitalising on New Zealand’s marine expertise by proposing the use of composite materials and manufacturing technology developed for the America’s Cup. More >>
Kiwi to remain supported as growth accelerates: AMP Capital
Tuesday, 15 October 2013, 3:14 pm | BusinessDesk
Oct. 15 (BusinessDesk) – The New Zealand dollar, which has gained 2.6 percent the past month, is likely to continue to find favour on the back of an improving economy, according to investment fund manager AMP Capital New Zealand. More >>
Waimakariri District Council chooses Mango software
Tuesday, 15 October 2013, 3:13 pm | Mango
Leading compliance software company, Mango, has been chosen by Waimakariri District Council to improve its building consent practices. The Council’s Building Unit carries out the district’s building consent, inspection and compliance and is one ... More >>
Mount Gay Rum’s Global Ambassador to visit New Zealand
Tuesday, 15 October 2013, 3:00 pm | Hancocks Wine Spirit and Beer Merchants
November brings Mount Gay’s Global Rum Ambassador Miguel Smith to our shores to launch Mount Gay’s latest creation – Black Barrel, into the New Zealand market. More >>
‘Get Home Safe’ launches much-anticipated Android version
Tuesday, 15 October 2013, 2:54 pm | Get Home Safe
New Zealand start-up company ‘Get Home Safe’ today (Wednesday October 15) launched a much-anticipated Android version of the guardian angel App that raises a pre-set alarm if the user doesn’t get home safe. More >>
Union gobsmacked by Air New Zealand’s brazenness
Tuesday, 15 October 2013, 2:49 pm | EPMU
It defies belief that Air New Zealand is applying to employ aircraft engineers from overseas, only a week after its subsidiary Safe Air announced that it has to let 69 workers go and it proposes to lay another 190 off in Auckland due to a lack of ... More >>
Chch Airport considers Commerce Commission draft report
Tuesday, 15 October 2013, 2:49 pm | Christchurch International Airport
Christchurch Airport is considering a draft report released this morning by the Commerce Commission. Airport CEO Jim Boult says he and his team are considering the draft report and will respond to the Commission within the timeframe provided. More >>
Fund appoints Northern Trust to new passive mandates
Tuesday, 15 October 2013, 2:16 pm | NZ Superannuation Fund
The NZ$23 billion New Zealand Superannuation Fund has appointed Northern Trust’s asset management arm, a leading global provider of index, active and multi-manager solutions, to manage four new passive global equities mandates. More >>
Telecom’s increasing investment in the Waikato
Tuesday, 15 October 2013, 2:08 pm | Telecom New Zealand
Telecom continues to invest in expanding its mobile network across the Waikato with over one million dollars spent which will improve mobile coverage and capacity in Livingston West, Te Miro, Te Kowhai West and Cobham Drive. More >>
New Zealand’s economic recovery fuels jobs growth momentum
Tuesday, 15 October 2013, 1:53 pm | Hays
Quantity Surveyors, Senior Management Accountants and G&B Line Mechanics are just three of the professionals sought by employers as the New Zealand economy bounces back from the earthquakes that shook the country’s second city of Christchurch ... More >>
Chelsea Sugar commissions Kiwi artist to design iconic tin
Tuesday, 15 October 2013, 12:45 pm | Chelsea Sugar
Chelsea Sugar has established their own iconic union, partnering with celebrated local artist, Greg Straight to produce a piece of art for the second Golden Syrup collectors’ tin. More >>
Metlifecare investigates building issues with Auckland Links
Tuesday, 15 October 2013, 12:29 pm | BusinessDesk
Oct. 15 (BusinessDesk) – Metlifecare, New Zealand’s second-largest listed retirement village operator, is investigating building problems with an Auckland village it acquired as part of a merger with Private Life Care Holdings last year. More >>
Methven confirms recovery with 21% gain in 1H profit
Tuesday, 15 October 2013, 12:21 pm | BusinessDesk
Oct. 15 (BusinessDesk) – Methven, the tapware maker, has confirmed the earnings recovery it flagged in July, posting a 21 percent jump in first-half profit on a pickup in trading in New Zealand and the UK. More >>
MIDDAY UPDATE: Bank of Tokyo wary of Solid Energy deal
Tuesday, 15 October 2013, 12:13 pm | BusinessDesk
Oct. 15 (BusinessDesk) – Bank of Tokyo is attempting to block a government deal to bail-out its Solid Energy coal-mining unit which would see the Japanese financial institution write off $16.3 million. More >>
Fastway Couriers leverages Gen-i services for global success
Tuesday, 15 October 2013, 12:11 pm | Fastway Couriers
NAPIER, 15 October 2013 - Fastway Couriers has extended its 15 year relationship with Gen-i to support the Napier-based delivery company’s continued success and expansion into international markets. More >>
The Sting Goes with Stingose
Tuesday, 15 October 2013, 12:05 pm | The PR Shop
It always happens when you’re doing something wonderful: sitting outside on a balmy summer evening having a barbie; swimming at the beach on a stunning summer’s day; or when you’re walking barefoot in the grass through the park. Suddenly – argh! ... More >>
Methven: Strong Lift In 1st Half Profit
Tuesday, 15 October 2013, 11:59 am | Methven
1 EBITDA is earnings before interest, taxation, depreciation, amortisation, non-operating foreign exchange gain/(loss) and inter-segmental charges. NZX Statement 15 October, 2013 Methven - Strong Lift in 1st Half Profit More >>
180,000 work-related injury claims in 2012
Tuesday, 15 October 2013, 11:47 am | Statistics New Zealand
In 2012, 180,000 claims were made for a work-related injury in New Zealand to the Accident Compensation Corporation (ACC), Statistics New Zealand said today. More >>
Auckland fastest-growing region, SI districts grow most
Tuesday, 15 October 2013, 11:44 am | Statistics New Zealand
Auckland’s population grew by over 110,000 people since the 2006 Census, while Selwyn, Queenstown-Lakes, and Waimakariri were the fastest-growing districts in the country, Statistics New Zealand said today. More >>
No hint on capital return from Contact Energy AGM
Tuesday, 15 October 2013, 11:25 am | BusinessDesk
Oct. 15 (BusinessDesk) – Contact Energy shareholders hoping for news of a capital return or increased dividends got slim pickings from the company’s annual meeting in Christchurch, although chief executive Dennis Barnes had good news for customers, ... More >>
Good nutrition will stop the drop
Tuesday, 15 October 2013, 11:00 am | Seales Winslow Ltd
Production has been well ahead this spring taking peak milk to new heights on many farms. With forecast farmgate milk prices at record highs, looking after a herd’s nutrition can help extend peak production and income and ‘stop the drop’ which ... More >>
Bank of Tokyo resists Solid Energy debt restructuring
Tuesday, 15 October 2013, 10:49 am | BusinessDesk
Oct. 15 (BusinessDesk) – Japanese financial giant Bank of Tokyo is opposing the debt restructuring deal announced on Oct. 1 to help get state-owned coal miner Solid Energy back on its feet, but may be forced to take the deal anyway, papers lodged ... More >>
Rebuild activity stimulates regional capacity
Tuesday, 15 October 2013, 10:42 am | Air New Zealand
Air New Zealand has this week added significant capacity between Christchurch and several regional ports as earthquake rebuild efforts stimulate travel demand. More >>
Wage, price pressures ‘inevitable’ from building boom: RBNZ
Tuesday, 15 October 2013, 10:40 am | BusinessDesk
Oct. 15 (BusinessDesk) – The building boom looming in Christchurch and Auckland in the next three years will inevitably put upward pressure on wages and prices in the construction sector and could spill over into general inflation, driving up interest ... More >>
Xero cracks $20 a share after capital raising
Tuesday, 15 October 2013, 10:31 am | BusinessDesk
Xero cracks $20 a share after capital raising, now worth more than SkyCity, Sky TV More >>
Huawei and Telecom Launch Joint Innovation Programme
Tuesday, 15 October 2013, 10:14 am | Telecom New Zealand
Huawei and Telecom have signed a memorandum of understanding to establish a Joint Innovation Programme which promotes direct collaboration between New Zealand’s largest telco and Huawei’s global R&D network. More >>
"Stand Up or Be Disappointed" is a call to action
Tuesday, 15 October 2013, 10:07 am | Trish Love - Love to Grow
Trish Love from Love to Grow in Wellington, New Zealand, is an expert international Business Advisor and Chartered Accountant who will be presenting at the ATSA Conference ( Accountants Technology Showcase Australia ) in Brisbane on the 14th and 15th October. ... More >>
Airlines’ complaints about Chch Airport’s pricing vindicated
Tuesday, 15 October 2013, 9:28 am | Board ofAirline Represenatives New Zealand Inc
The Commerce Commission has released its review of the pricing path Christchurch Airport put in place in October last year. In that report the Commission says that information disclosure has not been effective in limiting expected excessive profits ... More >>
Fisher Funds says takeover bid undervalues Abano
Tuesday, 15 October 2013, 9:26 am | BusinessDesk
Oct. 15 (BusinessDesk) - Fisher Funds Management, which took over Tower Investments earlier this year, says a takeover bid for Abano Healthcare Group undervalues the specialist medical investor. More >>
NZPIF rejects the Financial Services Council’s claim
Tuesday, 15 October 2013, 9:23 am | NZ Property Investors' Federation
The Financial Services Council, a group representing Insurers and Fund Managers, is recommending government spend even more of tax payer funds to increase their members incomes. More >>
Infratil sells Manston Airport for 350,000 British pounds
Tuesday, 15 October 2013, 9:13 am | BusinessDesk
Oct. 15 (BusinessDesk) – Infratil, the Wellington-based infrastructure investor, has agreed to sell Manston Airport in the UK for 350,000 British pounds to Stagecoach Group co-founder Ann Gloag and her brother Brian Souter. More >>
Com Com Draft Report on Chch International Airport
Tuesday, 15 October 2013, 9:04 am | Commerce Commission
The Commerce Commission has released a draft of its report to the Ministers of Commerce and Transport on the effectiveness of the information disclosure regulation in relation to Christchurch International Airport. More >>
Com Com Report on Review of Fonterra Milk Price Manual
Tuesday, 15 October 2013, 8:57 am | Commerce Commission
The Commerce Commission has today released a draft report on its statutory review of Fonterra’s Milk Price Manual (Manual) for the 2013/14 dairy season. The Manual sets out the methodology for calculating the farm gate (base) milk price, which is ... More >>
Christchurch Airport targeting excessive profits: regulator
Tuesday, 15 October 2013, 8:52 am | BusinessDesk
Oct. 15 (BusinessDesk) - Christchurch International Airport’s proposed prices over the next two decades are significantly higher than the Commerce Commissions’ view of what’s acceptable, and tougher disclosure requirements have had little impact ... More >>
NZ dollar gains as US debt deadline weighs on greenback
Tuesday, 15 October 2013, 8:45 am | BusinessDesk
NZ dollar gains on concern US politicians yet to reach agreement as debt ceiling deadline looms More >>
Failing companies the most open to new ideas
Tuesday, 15 October 2013, 8:31 am | sticK
“The most exciting places to work are those big companies that are failing. More >>
While you were sleeping: Bullish on US debt talks
Tuesday, 15 October 2013, 7:15 am | BusinessDesk
Oct 15 (BusinessDesk) – Optimism that US lawmakers might be nearer to breaking their impasse over increasing the debt ceiling and re-opening the federal government is lifting investor sentiment. More >>
Demand higher, yields lower in Hamilton commercial property
Monday, 14 October 2013, 7:34 pm | Lodge Real Estate
Hamilton, New Zealand – Lodge Real Estate in Hamilton, the city’s largest agency by volume, reported today that its commercial property division is experiencing year-on-year increases in sales volumes as inquiries from investors outside the region sit at ... More >>
Adams extends olive branch in late tweaks to intercept bill
Monday, 14 October 2013, 6:25 pm | BusinessDesk
Oct. 14 (BusinessDesk) - Communications Minister Amy Adams is offering an olive branch to the telecommunications sector with some late tweaks to legislation setting out their obligations to provide government surveillance agencies with access to their ... More >>
MARKET CLOSE: NZ shares fall as Diligent extends slump
Monday, 14 October 2013, 6:02 pm | BusinessDesk
Oct. 14 (BusinessDesk) – New Zealand shares fell as Diligent Board Member Services was punished for a second day over its pace of sales growth and SkyCity Entertainment Group slipped on bigger than usual volumes. Xero soared to a record close after raising ... More >>
Long serving Infratil director, chairman David Newman dies
Monday, 14 October 2013, 5:35 pm | BusinessDesk
Oct. 14 (BusinessDesk) - David Newman, a director of Infratil for almost two decades and chairman for the past nine years, has died in Wellington, the investment company said. More >>
SFO launches probe into North Shore property development
Monday, 14 October 2013, 5:35 pm | BusinessDesk
Oct. 14 (BusinessDesk) - The Serious Fraud Office has launched an investigation into a North Shore property development which has left foreign investors out of pocket after the companies went broke and the land sold to new developers. More >>
Acurity sees improvement in 1H earnings on cost cutting
Monday, 14 October 2013, 5:17 pm | BusinessDesk
Oct. 14 (BusinessDesk) - Acurity Health Group, the private hospital group formerly known as Wakefield Health, boosted underlying earnings by as much as 23 percent as it managed to strip out costs faster than its revenue declined. More >>
10 years of Project Twin Streams at Westfield WestCity
Monday, 14 October 2013, 5:16 pm | Westfield NZ Ltd
Project Twin Streams are celebrating their 10th anniversary in sustainable style, with an action packed line up of community events planned at Westfield WestCity this week. More >>
NZ dollar edges up in thin trading as US stalemate continues
Monday, 14 October 2013, 5:15 pm | BusinessDesk
Oct. 14 (BusinessDesk) - The New Zealand dollar edged up as holidays in major markets kept trading light and amid the ongoing stand-off between US legislators which is threatening a default on debt obligations of the world’s biggest economy. More >>
Sentencing in dairy cattle cruelty case welcomed
Monday, 14 October 2013, 5:10 pm | Federated Farmers
Federated Farmers has welcomed the sentencing of former Mid-Canterbury dairy herd manager Kevin Smith More >>
Weather related disruption updated 4:53pm 14/10/13
Monday, 14 October 2013, 4:56 pm | Wellington International Airport Limited
The severe weather in Wellington has meant that the majority of flights have been cancelled until further notice. More >>
Loud and Proud Westie to open Mitre 10 MEGA New Lynn
Monday, 14 October 2013, 4:54 pm | Mitre 10
Mitre 10’s latest MEGA store will open in New Lynn, Auckland on Thursday 17 October. The Hon. Paula Bennett, Member of Parliament for Waitakere, will cut the ribbon for the New Lynn Mitre 10 MEGA store, which the loud and proud Westie will open to the ... More >>
New Zealand Car of the Year top 10 finalists announced
Monday, 14 October 2013, 4:37 pm | New Zealand Automobile Association
The finalists for the 2013 New Zealand Car of the Year are a mixed bag of contenders which include three SUVs, a sports car, a luxury vehicle and, for the first time, an electric offering. More >>
Leighs Construction enters JV with Cockram Construction
Monday, 14 October 2013, 4:30 pm | Joint Press Release
Leighs Construction has entered into a joint venture with Cockram Construction Australia, which will give it the capability to undertake some of the large projects as part of the Christchurch rebuild. The company will be known as Leighs Cockram JV Limited More >>
Business Mentors Providing More Involved Advice Than Ever
Monday, 14 October 2013, 4:26 pm | Business Mentors
The country’s 1,900 volunteer business mentors are providing more in depth advice to New Zealand’s small to medium sized enterprises than ever before, the CEO of Business Mentors New Zealand, the only national, volunteer business mentoring organisation, ... More >>
Black Cat Cruises ready for another busy cruise ship season
Monday, 14 October 2013, 4:24 pm | Black Cat Cruises
Leading Canterbury Tourism operator Black Cat Cruises is looking forward to the arrival of the summer season’s first cruise ship on Wednesday which signals the start of another busy cruise season for Akaroa. More >>
North Shore property development investigation confirmed
Monday, 14 October 2013, 4:23 pm | Serious Fraud Office
The Serious Fraud Office (SFO) has confirmed that an investigation is under way into a residential property development on the North Shore, Auckland. The development companies included Albany Heights Villas Limited and Hunter Gills Road Limited. More >>
Weather restricts power restoration
Monday, 14 October 2013, 4:22 pm | Orion New Zealand Limited
Following high winds this morning, power remains out to around 1,000 customers in areas west and south of Darfield. We advise those customers that are presently without power to prepare to be without power overnight. More >>
News Alerts
