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Latest Business Headlines [Page 3]

BitPrime Cryptocurrency Price Update

Wednesday, 17 October 2018, 10:29 am | BitPrime

Cryptocurrency Market Market capitalisation yesterday: NZD$319,650,934,168 Market capitalisation today: NZD$321,526,502,249 Change: 0.59% More >>

Kiwi sparkling wines take centre stage this Friday

Wednesday, 17 October 2018, 10:10 am | Sip NZ Wine

This Friday wine lovers are encouraged to pop the cork - not only to kick-off the beginning of the long weekend in style but to celebrate New Zealand’s second Bubbles Day. More >>

Unisys Named a Leader in Managed Security Services

Wednesday, 17 October 2018, 10:06 am | Unisys

WELLINGTON, New Zealand, 17 October 2018 – Unisys Corporation (NYSE: UIS) today announced that NelsonHall has named the company as an overall market segment leader in the NelsonHall Evaluation & Assessment Tool (NEAT) Vendor Evaluation for Managed ... More >>

2018 Forest Growers research awards announced in Tauranga

Wednesday, 17 October 2018, 9:53 am | NZ Forest Owners' Association

The Forest Growers Research Awards were announced last night in Tauranga. They have been awarded each year since 2011 to recognise outstanding achievements in forest growing research. More >>

PowerHealth and IDIOM win Business Rules Excellence Award

Wednesday, 17 October 2018, 9:29 am | IDIOM Limited

PowerHealth , an Australian healthcare software company, and IDIOM , a New Zealand decision automation software company have been named winners in the Business Rules Excellence Awards (BREA), a global award designed to recognise the world’s most ... More >>

SBC & KPMG Sustainable Value report

Wednesday, 17 October 2018, 9:25 am | KPMG

The Sustainable Business Council (SBC), in association with KPMG New Zealand (KPMG), are helping boards and executive management improve their understanding of sustainability and drive strategic responses to the rapidly changing economic and environmental, ... More >>

Wellington property prices reach new record

Wednesday, 17 October 2018, 9:19 am | Trademe

Prospective home buyers are facing record property prices in Wellington after the average asking price climbed 12.3 per cent on last year to reach $593,250 according to the latest Trade Me Property Price Index. More >>

Te Hūnga Roīa Māori supports wāhine toa

Wednesday, 17 October 2018, 9:16 am | Te Hunga Roia Maori o Aotearoa Maori Law Society

The New Zealand Law Society Council will shortly elect a new President to lead the legal profession and two wāhine toa, Nerissa Barber and Tiana Epati, have put their hands up to take the role. They do so at a time when the legal profession faces significant ... More >>

IDIOM a two-time winner in Business Rules Excellence awards

Wednesday, 17 October 2018, 9:14 am | IDIOM Limited

IDIOM , a New Zealand decision automation software company has been named the winner of two Business Rules Excellence Awards (BREA), a new award designed to recognise the world’s most successful use of business rules. The prestigious global awards ... More >>

Invest in an iconic luxury wilderness lodge

Wednesday, 17 October 2018, 9:00 am | Bayleys

17.10.2018 Invest in an iconic luxury wilderness lodge in fast-growing Nelson/Tasman Region More >>

New Zealand takes Australasian Auctioneering Championship

Wednesday, 17 October 2018, 8:55 am | REINZ

The Real Estate Institute of New Zealand (REINZ) is delighted to announce that Andrew North from Harcourts Cooper & Co is the winner of the 2018 Australasian Auctioneering Championships for the second time. Andrew brings the trophy home to New Zealand after ... More >>

Putting your selfies to good use

Wednesday, 17 October 2018, 8:54 am | BNZ

Signing up for a new account at BNZ is now easier and faster than ever. The bank announced today that by using a selfie video in the sign-up process, more new customers opening a personal account can join completely online, eliminating the need to visit ... More >>

HiFX morning Update, October 17, 2018

Wednesday, 17 October 2018, 8:49 am | HiFX

The NZDUSD opens at 0.6591 (mid-rate) this morning. The NZD has managed to hang onto its gains and is the strongest performing of the G10 currencies following yesterday’s positive inflation report. Yesterday morning Statistics New Zealand released its ... More >>

Darktrace And Endace Strike New Partnership

Wednesday, 17 October 2018, 8:46 am | Endace

Darktrace And Endace Strike New Partnership to Combine Cyber Ai And Forensics San Francisco and Cambridge, UK – Tuesday , October 1 6 h, 2018 – Darktrace and Endace today announced a partnership that combines Darktrace’s cyber AI with Endace’s ... More >>

MARKET CLOSE: NZ shares fall

Tuesday, 16 October 2018, 9:03 pm | BusinessDesk

Oct. 16 (BusinessDesk) - New Zealand shares fell for a second day with Meridian Energy lower as the power company confronts dry conditions, and exporters Comvita and Fisher & Paykel Healthcare faced a stronger kiwi dollar. More >>

NZ dollar gains on rising consumer prices

Tuesday, 16 October 2018, 8:47 pm | BusinessDesk

Oct. 16 (BusinessDesk) - The New Zealand dollar gained as traders dial back their expectations for a rate cut after inflation was higher than forecast. More >>

Treasury Secretary to sit in on RBNZ monetary policy reviews

Tuesday, 16 October 2018, 7:25 pm | BusinessDesk

Oct. 16 (BusinessDesk) - Treasury secretary Gabriel Makhlouf will sit in on the Reserve Bank's monetary policy reviews from this month, pre-empting a legislative change. More >>

Cancer test firms Pacific Edge

Tuesday, 16 October 2018, 6:58 pm | BusinessDesk

Oct. 16 (BusinessDesk) - Cancer test makers Pacific Edge and TruScreen both gave investors something to cheer about as they made headway in their respective markets. More >>

Air NZ to be 'the world's least unsustainable airline'

Tuesday, 16 October 2018, 6:57 pm | BusinessDesk

Air NZ on track to be 'the world's least unsustainable airline' By Pattrick Smellie More >>

Public Inquiry Called for After QBE’s Conduct in Mainzeal

Tuesday, 16 October 2018, 5:27 pm | LPF Group

Phil Newland, Director of litigation funder LPF Group, is calling for the Government to hold a public inquiry into the conduct of large insurance companies on the back of an investigation published today by Newsroom, one of New Zealand’s leading independent ... More >>

Tourism Award winner: fish legislation will destroy business

Tuesday, 16 October 2018, 5:16 pm | Owen River Lodge

The owner of a luxury fishing lodge recently described by NZ Tourism Awards judges as “a role model for tourism businesses everywhere,” says his business will be “annihilated” if the Green Party’s Freshwater Fish Amendment Bill passes in ... More >>

NZ Winemaker awarded second World Pinot Noir trophy in a row

Tuesday, 16 October 2018, 5:12 pm | Invivo Wines New Zealand

New Zealand Winemaker awarded World Pinot Noir trophy for the second year in a row! More >>

Ebos says animal care led first-quarter revenue growth

Tuesday, 16 October 2018, 5:07 pm | BusinessDesk

Oct. 16 (BusinessDesk) - Ebos Group says first-quarter trading growth was solid with animal care outperforming healthcare where government funding remains tight. More >>

Lime reaches #1 on New Zealand App Store

Tuesday, 16 October 2018, 4:16 pm | Lime

Electric e-scooter phenomenon Lime has reached #1 in the New Zealand app store overnight following its simultaneous launches in Auckland and Christchurch this week. More >>

Stronger-than-expected inflation could spur a rethink

Tuesday, 16 October 2018, 4:08 pm | BusinessDesk

Oct. 16 (BusinessDesk) - The Reserve Bank may have to rethink its rate cut option after higher-than-expected third quarter inflation pushed the annual number to just below the mid-point of its target range. More >>

Second round of Overseas Investment Act review

Tuesday, 16 October 2018, 4:04 pm | BusinessDesk

Oct. 16 (BusinessDesk) - The government wants to clear a pathway for investment in productive assets while letting the Crown block investments to protect the national interest. More >>

Jami-Lee Ross accuses Bridges of corruption, resigns

Tuesday, 16 October 2018, 2:53 pm | BusinessDesk

Oct. 16 (BusinessDesk) - Dissident National Party MP Jami-Lee Ross will resign from Parliament on Friday, triggering a by-election in the safe National electorate seat of Botany in east Auckland. More >>

First NZ cuts Michael Hill earnings forecast

Tuesday, 16 October 2018, 2:19 pm | BusinessDesk

Oct. 16 (BusinessDesk) - First NZ Capital expects to see weaker earnings at Michael Hill International but says there is still potential for the share price to rise. More >>

Focus on 'low-hanging fruit' for emissions reduction

Tuesday, 16 October 2018, 2:05 pm | BusinessDesk

Oct. 16 (BusinessDesk) - New Zealand has a lot of “low-hanging fruit” it can pursue now with known technologies to start reducing greenhouse gas emissions, Methanex New Zealand managing director Dean Richardson says. More >>

NZ 3Q inflation higher than expected but driven by one-offs

Tuesday, 16 October 2018, 2:00 pm | BusinessDesk

Oct. 16 (BusinessDesk) - Higher-than-expected third-quarter inflation is unlikely to take rate cuts off the table as it was largely driven by higher petrol prices, something the Reserve Bank has said it will look through. More >>

Time for Fairer Compensation for Power Outages

Tuesday, 16 October 2018, 1:17 pm | City Vision

Commenting on the NZ Herald stories about electricity service compensation issues for both business and residential customers More >>

Environmental benefits of glyphosate

Tuesday, 16 October 2018, 1:16 pm | Agcarm

Glyphosate, the world's most widely-used weed management tool has extensive economic and environmental benefits for farmers, especially for those involved with New Zealand’s grains industry. More >>

Ufone NZ buy out Maxitel

Tuesday, 16 October 2018, 1:13 pm | Ufone NZ

New Zealand-based telecommunications company Ufone NZ buy out supplier and installer of NEC telephone systems Maxitel. More >>

Barbara Chapman appointed to the Board of IAG New Zealand

Tuesday, 16 October 2018, 1:11 pm | IAG New Zealand

IAG has appointed Barbara Chapman as an independent non-executive director to the Board of IAG New Zealand, effective 1 November 2018. More >>

Companies prompted to explore electric vehicle fleets

Tuesday, 16 October 2018, 11:46 am | Driveline

As the cost of fuel has reached new heights, one of New Zealand’s leading vehicle leasing and finance companies has seen an increase in enquiries from businesses looking to adopt EVs on their fleets. More >>

NZ dollar gains as rising inflation may create tension

Tuesday, 16 October 2018, 11:36 am | BusinessDesk

Oct. 16 (BusinessDesk) - The New Zealand dollar rose ahead of inflation data today which is expected to show rising consumer prices and may make it harder for the Reserve Bank to talk up rate cuts. More >>

HiFX Data Update - NZ Q3 CPI Release

Tuesday, 16 October 2018, 11:15 am | HiFX

The NZ Consumer Price Index (CPI) for Q3 has just been released. The CPI came in higher than expected. NZ CPI Q3/Annual: Headline Q3 CPI +0.9% / +1.9% Consensus 0.7% / +1.7% Non-tradables CPI +0.8% / +2.6% versus previous quarter Tradables CPI +0.9% ... More >>

New Skydiving Diploma drops out of the blue

Tuesday, 16 October 2018, 11:07 am | Service IQ

It’s landed safely! NZQA has approved a new qualification that will help people who enjoy jumping out of planes into mid-air, make the leap into an exciting commercial career. More >>

Construction costs, rents, and rates rise

Tuesday, 16 October 2018, 11:00 am | Statistics New Zealand

The cost of running a household rose over the year to September 2018, Stats NZ said today. More >>

Voting for Fonterra Elections, Annual Meeting Resolutions

Tuesday, 16 October 2018, 10:58 am | electionz.com

Voting is now open for the 2018 Fonterra Board of Directors’ Election, the Shareholders’ Councillor Elections in two wards, and seven Annual Meeting resolutions. More >>

Petrol pushes annual inflation to 1.9 percent

Tuesday, 16 October 2018, 10:55 am | Statistics New Zealand

The consumers price index (CPI) increased 1.9 percent in the September 2018 year, driven by higher petrol prices, Stats NZ said today. More >>

Truscreen reports 523% sales growth for first half year

Tuesday, 16 October 2018, 10:28 am | Truscreen

• Sales for the six months ending 30 September 2018 tops NZD $1,406,932 (unaudited) • 522.8% increase on the corresponding period last year (NZD $225,896) • Gross margin increasing as in-house manufacturing lowers unit costs Cervical cancer screening ... More >>

BitPrime Cryptocurrency Price Update

Tuesday, 16 October 2018, 10:19 am | BitPrime

Cryptocurrency Market Market capitalisation yesterday: NZD$310,671,154,649 Market capitalisation today: NZD$319,650,934,168 Change: 2.89% More >>

Air New Zealand to lift plastic waste reduction

Tuesday, 16 October 2018, 9:43 am | Air New Zealand

Air New Zealand will substitute a further 14 single-use plastic products from its supply chain over the next 12 months – lifting plastic waste reduction to more than 24 million items per year. Today at its Sustainability Breakfast in Wellington ... More >>

McDonald's New Zealand moves to reduce plastic straw use

Tuesday, 16 October 2018, 9:15 am | McDonald's

McDonald’s New Zealand has today announced a move intended to reduce the number of single-use plastic straws used in its 167 restaurants around the country, along with the trial of fibre-based straws. From 17 October 2018, all McDonald’s New ... More >>

Trade Me commits to the Living Wage

Tuesday, 16 October 2018, 8:56 am | Trademe

Trade Me will move more than 30 staff to the Living Wage from the end of October. More >>

Air New Zealand and Zephyr Airworks to bring air taxis to NZ

Tuesday, 16 October 2018, 8:55 am | Air New Zealand

Air New Zealand and Zephyr Airworks today announced they have signed an agreement to work collaboratively on bringing the world’s first autonomous electric air taxi service to market in New Zealand. The agreement between the national carrier and ... More >>

HUI Māori Collective Launched at Parliament

Tuesday, 16 October 2018, 8:52 am | New Zealand Trade and Enterprise

One of New Zealand’s most innovative business solutions – to take high-quality local food and beverage products direct to Chinese consumers - has been launched at the Beehive. The formal agreement to create the HUI Māori Collective was signed ... More >>

Two Canterbury women win Institute of Directors’ Award

Tuesday, 16 October 2018, 8:48 am | Institute Of Directors

Hannah Doney and Kathryn Ruge have each won an Emerging Director Award from the Institute of Directors Canterbury Branch presented last night in Christchurch. More >>

HiFX morning Update, October 16, 2018

Tuesday, 16 October 2018, 8:40 am | HiFX

NZDUSD 0.6548 0.4% NZDEUR 0.5652 0.4% NZDGBP 0.4975 0.9% NZDJPY 73.22 0.1% NZDAUD 0.9175 0.1% NZDCAD 0.8506 0.0% GBPNZD 2.0101 -0.9% More >>

MARKET CLOSE: NZ shares dip as Fletcher gives up pursuit

Monday, 15 October 2018, 8:53 pm | BusinessDesk

Oct. 15 (BusinessDesk) - New Zealand shares dipped, outperforming many Asian markets, as Fletcher Building aborted its pursuit of Steel & Tube Holdings after its increased offer wasn't warmly embraced by the target. More >>

NZ primary sector exports seen rising 2.5% to $43.8B

Monday, 15 October 2018, 8:52 pm | BusinessDesk

Oct. 15 (BusinessDesk) - New Zealand’s primary industry export revenue is forecast to reach $43.8 billion for the year to June 2019, an increase of 2.5 percent on the prior year, according to the Ministry for Primary Industries' latest Situation and ... More >>

NZ dollar inches above 65 US cents ahead of 3Q CPI data

Monday, 15 October 2018, 8:17 pm | BusinessDesk

Oct. 15 (BusinessDesk) - The New Zealand dollar inched back above 65 US cents, sticking to a very tight range ahead of domestic inflation data tomorrow. More >>

September 2018 Situation and Outlook for Primary Industries

Monday, 15 October 2018, 7:47 pm | Ministry For Primary Industries

Media Release: September 2018 Situation and Outlook for Primary Industries New Zealand’s primary industry export revenue is forecast to reach $43.8 billion for the year to June 2019, an increase of 2.5 percent from 2018. The Ministry for Primary Industries ... More >>

Right Information, Right Appliance, Right Wattage

Monday, 15 October 2018, 7:28 pm | Electricity Retailers' Association of NZ

Right Information, Right Appliance, Right Wattage is Key to Ensuring You’re Getting the Best Value for Your Electricity More >>

Salt Funds to open up carbon trading to retail investors

Monday, 15 October 2018, 5:41 pm | BusinessDesk

Oct. 15 (BusinessDesk) - Salt Funds Management plans to list a dedicated carbon fund, opening up the green commodity directly for retail investors. More >>

ComCom wants more transparency about Fonterra

Monday, 15 October 2018, 5:33 pm | BusinessDesk

Oct. 15 (BusinessDesk) - The Commerce Commission is concerned Fonterra Cooperative Group's plans to mothball processing plants are too opaque. More >>

Jenny Shipley says Mainzeal directors in "no doubt"

Monday, 15 October 2018, 4:18 pm | BusinessDesk

Oct. 15 (BusinessDesk) - Directors of failed construction firm Mainzeal had no reason to question promises from its Chinese parent the company would get the financial support it needed to stay afloat, former Prime Minister Jenny Shipley told the High ... More >>

MoneyHub welcomes inquiry into currency conversion fees

Monday, 15 October 2018, 4:08 pm | Money Hub

The ACCC’s announcement of an inquiry into foreign currency conversion fees will put Australian banks under the microscope and seeks to get a fairer deal for Australians. The inquiry will cover fees applied to: More >>

New Entrant and More Competition in the Pet Insurance Market

Monday, 15 October 2018, 4:06 pm | Money Hub

The arrival of AA Pet Insurance, which launched on October 10, is a welcome addition to the pet insurance market currently dominated by Southern Cross, Pet-n-sur and Southern Cross. More >>