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Latest Business Headlines [Page 3]

NZ dollar jumps vs trans-Tasman counterpart

Tuesday, 19 June 2018, 4:18 pm | BusinessDesk

June 19 (BusinessDesk) - The New Zealand dollar jumped about a quarter of an Australian cent, extending recent gains against its trans-Tasman counterpart, as investors were spooked by US President Donald Trump escalating his trade war with China. More >>

NZ sheep farmers enjoying stellar lamb season

Tuesday, 19 June 2018, 3:24 pm | BusinessDesk

June 19 (BusinessDesk) - New Zealand sheep farmers, whose fortunes in recent years have been overshadowed by their dairy farmer colleagues, are having a strong season with lamb prices approaching record levels, according to AgriHQ's Monthly Sheep & ... More >>

International VC for Antarctica NZ CE

Tuesday, 19 June 2018, 3:12 pm | Antarctica New Zealand

Antarctica New Zealand’s Chief Executive Officer, Peter Beggs, has been elected Vice Chair for the Council of Managers of National Antarctic Programmes (COMNAP). More >>

Dairy product prices seen steady-to-easing

Tuesday, 19 June 2018, 2:45 pm | BusinessDesk

June 19 (BusinessDesk) - Dairy product prices are expected to slip at the Global Dairy Trade auction overnight amid a pick-up in supply, even as global trade tensions appear to benefit demand for New Zealand dairy products. More >>

NZ Refining hires renewable energy executive Mike Fuge

Tuesday, 19 June 2018, 2:12 pm | BusinessDesk

June 19 (BusinessDesk) - New Zealand Refining has named Mike Fuge as its new chief executive, tapping a manager with experience in renewable energy as the company seeks to engage with the government over its policy of reaching net zero carbon emissions ... More >>

Pushpay’s bookbuild for co-founder’s stake underwritten

Tuesday, 19 June 2018, 1:34 pm | BusinessDesk

Pushpay’s bookbuild for co-founder’s stake sale fully underwritten at $4 a share More >>

First stop Palmerston North for NetHui Roadtrip 2018

Tuesday, 19 June 2018, 1:31 pm | InternetNZ

First stop Palmerston North for NetHui Roadtrip 2018 New Zealand’s favourite Internet gathering, NetHui will hit the road and its first stop is Palmerston North in the Manawatu on 5 October 2018. More >>

NZ produces record milk volumes late in 2017/18 season

Tuesday, 19 June 2018, 1:23 pm | BusinessDesk

NZ produces record milk volumes late in 2017/18 season, helping make up for weaker spring, summer More >>

The correct facts about tax and rental properties

Tuesday, 19 June 2018, 1:12 pm | NZ Property Investors Federation

Westpac Economist, Dominick Stephens, says that property is more lightly taxed in NZ compared to other assets. He quotes a Tax Working Group study to make this claim. More >>

Gold Awards for RNZ in New York

Tuesday, 19 June 2018, 12:34 pm | RNZ

The RNZ podcast series The Lost has won a gold award for excellence for its presenter Paloma Migone at the prestigious New York Festivals Radio Awards announced in Manhattan this morning. (NZ time). More >>

WorkSafe accepts enforceable undertakings after gas exposure

Tuesday, 19 June 2018, 12:05 pm | WorkSafe NZ

WorkSafe New Zealand has accepted enforceable undertakings from air conditioning and refrigeration company Airtech Limited, and vegetable packaging and marketing company NZ Hot House Limited following an incident in July 2016 where workers were ... More >>

10 Rotorua businesses wanted for growth challenge

Tuesday, 19 June 2018, 11:57 am | Firestation

19 June 2018 Rotorua businesses are being challenged to grow ten times faster and apply for the ACCELERATE business training programme. Businesses owners and senior leaders are urged to act fast so not to miss out. The programme run by Firestation, ... More >>

NZ dollar rises to 6-week high vs Aussie

Tuesday, 19 June 2018, 11:54 am | BusinessDesk

June 19 (BusinessDesk) - The New Zealand dollar rose to the highest level in more than six weeks against its Australian counterpart on expectations the Australian economy will be harder hit by any slowing in China's growth. More >>

Zombie firms’ complacent about disruption

Tuesday, 19 June 2018, 11:41 am | Suncorp

Results of the second Suncorp New Zealand Business Success Index reveal that despite an overall increase in business confidence, companies are not prepared for the impact of disruption. More >>

ZM Announces New Duo to Drive You Home

Tuesday, 19 June 2018, 11:03 am | NZME

19 June 2018 – ZM have announced Bree Tomasel and Clint Roberts as their new Drive Show hosts, on air from 2 July. More >>

Air New Zealand named New Zealand’s most attractive employer

Tuesday, 19 June 2018, 11:02 am | Randstad

Air New Zealand named New Zealand’s most attractive employer for second consecutive year with education & training named top sector More >>

Dodson signs deal with Exedy to drive sales into Europe

Tuesday, 19 June 2018, 10:49 am | Dodson Motorsport

Dodson signs deal with Exedy to drive sales into Europe Auckland, 19 June 2018 – Dodson Motorsport has signed a sales partnership agreement with Exedy Clutch Europe that will allow it to expand its sales into 53 countries in Europe and adjacent markets. ... More >>

Wellington’s top supermarket checkers

Tuesday, 19 June 2018, 10:48 am | Foodstuffs Limited

Last night, 83 checkout operators from New World and PAK’nSAVE stores across the Wellington region went till-to-till in Foodstuffs North Island’s 70th annual Checker of the Year competition, which has attracted a record number of entries this year. More >>

Report shows market performed well in winter 2017

Tuesday, 19 June 2018, 10:47 am | Electricity Authority

The Electricity Authority has today released a report on its review of how the electricity market performed during the winter of 2017. More >>

Century 21 home loans prove popular

Tuesday, 19 June 2018, 10:46 am | Century 21 Real Estate

“We’re picking up a lot of first-home buyers who have been turned away because they don’t quite fit a big bank’s very stringent lending criteria. And with first-home buyers arguably the most active in the market currently, we’ve been busy,” says ... More >>

Air New Zealand named New Zealand’s Most Attractive Employer

Tuesday, 19 June 2018, 10:43 am | Air New Zealand

Air New Zealand has been named New Zealand’s Most Attractive Employer in the annual Randstad Employer Brand Awards for a record fifth time. More >>

Major retailers pull ionisation smoke alarms

Tuesday, 19 June 2018, 10:37 am | Consumer NZ

All major DIY stores have agreed to stop selling ionisation smoke alarms following a request from Consumer NZ. More >>

HiFX morning Update June 19 2018

Tuesday, 19 June 2018, 8:35 am | HiFX

The NZD is little changed from yesterday’s open amid subdued trading action as investors assess the potential impact of rising trade tensions between the US and China. More >>

Foreign buyer ban gets smoother edges

Monday, 18 June 2018, 10:41 pm | BusinessDesk

June 18 (BusinessDesk) - Amendments to the government’s foreign buyer ban, if introduced, would give overseas investors more leeway to put money into New Zealand housing developments. More >>

Peters pins $2B-plus 'losses' to NZ on Fonterra

Monday, 18 June 2018, 9:05 pm | BusinessDesk

June 18 (BusinessDesk) - Deputy Prime Minister Winston Peters doubled down on last week's New Zealand First party attacks on the performance and leadership of Fonterra, saying the country's largest business was costing the economy more than $2 billion ... More >>

UPDATE: Pushpay in trading halt

Monday, 18 June 2018, 9:03 pm | BusinessDesk

UPDATE: Pushpay in trading halt as co-founder Eliot Crowther to sell out; ditches US listing plan More >>

MARKET CLOSE: NZ shares mixed, Mercury and Fletcher gain

Monday, 18 June 2018, 8:43 pm | BusinessDesk

MARKET CLOSE: NZ shares mixed, Mercury and Fletcher gain while Synlait, A2 drop By Sophie Boot More >>

Pushpay in trading halt pending 'material transaction'

Monday, 18 June 2018, 8:19 pm | BusinessDesk

June 18 (BusinessDesk) - Pushpay Holdings, the mobile payments app developer targeting US$100 million of annualised revenue this year, is in a trading halt as it wraps up a "material transaction" it expects to announce tomorrow. More >>

NZ dollar falls as trade stoush rattles emerging markets

Monday, 18 June 2018, 8:18 pm | BusinessDesk

June 18 (BusinessDesk) - The New Zealand dollar fell as the US versus China trade stoush weighed on currencies of emerging markets and commodity-exporting nations. The US dollar index is trading near its highest levels in almost 12 months. More >>

Outlook for NZ economy softens but wages projected to rise

Monday, 18 June 2018, 6:17 pm | BusinessDesk

June 18 (BusinessDesk) - Economists have shaved a few basis points off their forecasts for New Zealand economic growth in the next two years even while forecasting stronger wage pressures, according to the NZIER Consensus Forecasts. More >>

Parker's criticism of ANZ confidence survey based on Bagrie

Monday, 18 June 2018, 5:38 pm | BusinessDesk

Parker's criticism of ANZ confidence survey based on comments Bagrie made at Xero function More >>

Jasmax Successes at 2018 Property Council Awards

Monday, 18 June 2018, 5:11 pm | JASMAX

As the architectural and design awards season continues in New Zealand, Jasmax is pleased to be able to congratulate more project and client teams on their successes at the annual Property Council Industry Awards. Jasmax were finalists for seven projects ... More >>

One public transport ticket to ride for NZ on the cards

Monday, 18 June 2018, 3:09 pm | Project NEXT

The journey to make it easier to pay for your bus, train and ferry is a step closer today with local and internationally based organisations being invited to register their interest in providing a next generation, national public transport ticketing ... More >>

Solar Buddies innovation heating up NZ solar market

Monday, 18 June 2018, 2:44 pm | TrustPower

After just 6 months, Trustpower’s innovative ‘Solar Buddies’ plan has become New Zealand’s largest peer-to-peer solar power trading platform. More >>

Conceptual Language Buff Receives Curatorial Internship

Monday, 18 June 2018, 2:35 pm | NZ Portrait Gallery

Massey University graduate, Robert Laking, has been named as the recipient of the 2018 New Zealand Portrait Gallery Liz Stringer Curatorial Internship at the New Zealand Portrait Gallery Te Pūkenga Whakaata. More >>

Childcare centre land and building for sale

Monday, 18 June 2018, 2:28 pm | Bayleys

The land and buildings housing one of Auckland’s biggest and most modern childcare centres has been placed on the market for sale. More >>

Services industry growth quickens in May

Monday, 18 June 2018, 2:25 pm | BusinessDesk

New Zealand’s services industry growth quickens in May as new orders jump By Margreet Dietz More >>

Rabobank to undertake digital transformation

Monday, 18 June 2018, 2:01 pm | Rabobank

Media release June 18, 2018 Rabobank to undertake digital transformation for New Zealand regional network, in deal with Telstra More >>

Bunnings NZ owes employees $11m for incorrect payments

Monday, 18 June 2018, 1:32 pm | BusinessDesk

June 18 (BusinessDesk) - Bunnings, the hardware chain owned by Australia's Wesfarmers, will pay more than $11 million to 12,235 New Zealand past and current employees after identifying mistakes in implementing the Holidays Act 2003. More >>

Millionaire Chow brothers move ahead with plans

Monday, 18 June 2018, 1:00 pm | BusinessDesk

June 18 (BusinessDesk) - Millionaire businessmen John and Michael Chow, who have made their fortune from brothels, hotels and property deals, said they are moving forward with their plans to take Chow Group private. More >>

Bayer North Canterbury Young Viticulturist of the Year

Monday, 18 June 2018, 12:58 pm | Bayer NZ

Congratulations to Zoe Marychurch from Bell Hill who won the Bayer South Island Regional Young Viticulturist of the Year competition on Friday 15th June. More >>

Electra Business Excellence Awards Attract Quality Entrants

Monday, 18 June 2018, 12:56 pm | Electra Kapiti Horowhenua Business Awards

Entries in the 2018 Electra Kapiti Horowhenua Business Excellence Awards have closed with organisers hailing the overall quality and variety of this year’s entrants. More >>

Northland farmers gain insights on Queensland beef sector

Monday, 18 June 2018, 12:25 pm | Rabobank

Northland sheep and beef farmers Kevin and Annette Boyd were among a group of 20 farmers who attended a week-long educational beef tour in Queensland last month organised by agricultural banking specialist Rabobank. More >>

BNZ volunteers set to help Kiwis improve their finances

Monday, 18 June 2018, 12:10 pm | BNZ

18 June 2018: The Bank of New Zealand has announced that this year it will be sharing financial know-how skills with kindergarten-aged children, teens and seniors as the focus for its annual staff volunteering day, Closed for Good. More >>

NZ dollar falls as tit-for-tat tariffs from US

Monday, 18 June 2018, 12:07 pm | BusinessDesk

NZ dollar falls as tit-for-tat tariffs from US, China unsettle markets, weigh on commodities By Jonathan Underhill More >>

Avoid power hungry appliances – new online tool

Monday, 18 June 2018, 11:26 am | EECA

EECA Energywise has launched a new online tool to help shoppers avoid buying power hungry appliances. More >>

Waikato’s Enlighten Designs Award Finalist

Monday, 18 June 2018, 11:24 am | Enlighten Designs Ltd

Hamilton, New Zealand – June 6, 2018 – Enlighten Designs has been named a finalist in the 2018 Microsoft New Zealand Partner Awards for Transforming Products. More >>

Public agree with the BSA’s Fairness Standard decisions

Monday, 18 June 2018, 11:24 am | Broadcasting Standards Authority

The BSA has surveyed the public about whether they think the BSA’s decisions on the broadcasting Fairness Standard are robust, and the results are released today. More >>

Rainbow Tick for IAG in first for general insurance

Monday, 18 June 2018, 11:21 am | IAG New Zealand

IAG New Zealand has become the first general insurer in Aotearoa to be certified with the Rainbow Tick. More >>

Information and communication technology supply survey

Monday, 18 June 2018, 11:19 am | Statistics New Zealand

The Information and Communication Technology (ICT) Supply Survey measures the sale of goods and services from businesses associated with ICT industries. In 2017, the survey was reduced in size and coverage to cover the sales of software and services, ... More >>

Customers the winners as insurtech investment ramps up

Monday, 18 June 2018, 11:02 am | Make Lemonade

The rapid rise of tech companies working in the insurance market and investment by traditional insurance firms into new advanced technologies is expected to lead to better deals for customers in coming years, InsurTechNZ chair Jason Roberts says. More >>

Innovative students solve challenges

Monday, 18 June 2018, 10:59 am | GrowingNZ

What: Dozens of Year 10 and 11 secondary school students are set to compete in a fast-paced event that invites them to solve a series of challenges facing New Zealand’s primary sectors. More >>

Lack of decision support tools in forestry

Monday, 18 June 2018, 10:56 am | ForestX

Recent comments by officials and “experts” on planting one billion trees, the plight of hill country forestry and woody debris flows, have not touched on the total lack of decision support tools so that farmers and other local forest investors can ... More >>

Scholarships currently on offer at Dev Academy

Monday, 18 June 2018, 10:54 am | Enspiral Dev Academy

Time to change your world? 23 Web Development Scholarships currently on offer at Dev Academy More >>

Property prices chill in the Super City

Monday, 18 June 2018, 10:48 am | Trade Me Limited

Property prices chill in the Super City Auckland’s average asking price fell a small, but significant $350 on last year to $918,650 in a sign the Super City's property market is settling back to a more normal rhythm after years of frantic growth, according ... More >>

Penrose office building for sale

Monday, 18 June 2018, 10:35 am | Bayleys

A commercial building and land in the South Auckland suburb of Penrose which has been had been owned by a local family trust for over 20 years has now been placed on the market for sale. More >>

Café premises for sale has property investors frothing

Monday, 18 June 2018, 10:26 am | Bayleys

The land and building with the internal fittings in place to sustain a modern suburban neighbourhood café overlooking a busy roundabout have been placed on the market for sale. More >>

Meet Deloitte’s 14 new leaders

Monday, 18 June 2018, 10:12 am | Deloitte

Two new partner and twelve new director appointments provide fresh perspective to Kiwi companies’ business challenges More >>

Ohmio, signs US$20 Million investment deal with Chinese city

Monday, 18 June 2018, 9:57 am | Ohmio Automation

HMI Technologies/Ohmio announces a US$20 Million investment agreement with the Heshan Industrial City Management Committee to establish an Ohmio manufacturing plant for Autonomous Vehicles and an Artificial Intelligence Transport Research Centre in the ... More >>

OMV seeks clearance to acquire Shell portfolio

Monday, 18 June 2018, 9:44 am | Commerce Commission

The Commerce Commission has received a clearance application from OMV New Zealand Limited to acquire 100% of Royal Dutch Shell’s gas and liquids portfolio in New Zealand. More >>