Latest Business Headlines [Page 4]
Michael Hill first quarter revenue rises 8.7 percent
Friday, 11 October 2013, 1:30 pm | BusinessDesk
Oct 11 (BusinessDesk) – Michael Hill International, the jewellery chain that bears its founder’s name, increased revenue 8.7 percent in the first quarter as sales edged up in its largest market in Australia and jumped in Canada, while momentum ... More >>
The importance of insurance for families
Friday, 11 October 2013, 12:54 pm | AMP
We all want to make sure our kids get the best in life. It’s a natural part of taking care of our families – to support them and give them every opportunity possible. And part of that, of course, is protecting them from the worst. More >>
Bosses must communicate when employees insecure
Friday, 11 October 2013, 12:48 pm | Iron Road Ltd
During these times of staff insecurity the capacity of small business owners to overcome their typical Kiwi reticence toward open and frank communication with staff could well be the difference between survival, growth and stagnation. More >>
Tui deal should have shifted NZOG share price: Clare Capital
Friday, 11 October 2013, 12:46 pm | BusinessDesk
Oct. 11 (BusinessDesk) – Last week’s purchase of Mitsui E&P’s 35 percent interest in the Tui oil and gas field was at a “really cheap price”, but has inexplicably failed to significantly move the share price of the main apparent beneficiary, ... More >>
Stellar Kitchen in Hamilton are ideal caterers
Friday, 11 October 2013, 12:33 pm | Stellar Kitchen
Catering to the Hamilton CBD and its surrounding areas, caterers Stellar Kitchen offer a blend of healthy and exciting food that's designed to fit your unique event. More >>
Immigration’s role in fast-tracking irrigation repairs
Friday, 11 October 2013, 12:18 pm | Irrigation NZ
One month on from the wind event that destroyed close to 800 irrigators, fast-tracking of Visas for overseas specialists is boosting efforts to get the irrigation season underway. However, IrrigationNZ says delayed irrigation is a real concern and the ... More >>
Solid start to avocado export sales
Friday, 11 October 2013, 12:11 pm | Blink
The first of this season’s New Zealand avocados have started hitting the supermarket shelves in Japan this week in a buoyant start to export sales there, and opening prices in Australia are at their best. More >>
2 Cheap Cars Opens new Christchurch Yard
Friday, 11 October 2013, 12:01 pm | 2 Cheap Cars
2 Cheap Cars Limited, has announced the opening of it’s Christchurch branch this week. The dealership is located in Harewood, Canterbury. The Harewood branch is the first of three dealerships being opened during the fiscal year 2014. The other two ... More >>
ROKT grows fast with more sizzling talent
Friday, 11 October 2013, 11:58 am | ROKT
ROKT is thrilled to announce Colin McBride, a 10 year Google veteran joining the ROKT team as Head of Operations for the business globally. More >>
NZF to sell home loans stake, notes for $1.25M to Resimac
Friday, 11 October 2013, 11:48 am | BusinessDesk
NZF agrees to sell home loans stake, subordinated notes for $1.25M to Resimac Financial Services More >>
GeoOp appoints Stewart Reynolds as CFO and COO
Friday, 11 October 2013, 11:36 am | GeoOp
Reynolds’ broad international financial experience to provide strategic direction for GeoOp’s operations and finances More >>
NZ food prices unchanged in Sept: milk up, fresh veges down
Friday, 11 October 2013, 11:33 am | BusinessDesk
Oct 11 (BusinessDesk) - New Zealand food prices were unchanged in September as cheaper vegetables coming into season were offset by more expensive fresh milk and pork. More >>
Take a Short Break with Best Western and Save Up To 40%
Friday, 11 October 2013, 11:31 am | Best Western
Sunbaking on golden beaches in Fiji, organising shopping trips and tasting the best wineries across Australia and New Zealand are some of the most popular ways Best Western’s hotel guests choose to relax each year in the lead up to the busy Christmas ... More >>
Independent Fisheries to consider future of Christchurch plant
Friday, 11 October 2013, 11:30 am | Independent Fisheries
Intense competition from heavily discounted foreign-sourced product in its key markets has forced Christchurch-based fishing company Independent Fisheries Ltd to consider the future of its Woolston processing facilities. More >>
Comvita turned to a loss in 1H, sees bigger FY profit
Friday, 11 October 2013, 10:30 am | BusinessDesk
Oct. 11 (BusinessDesk) – Comvita, which produces health products from manuka honey, said it posted a first-half loss on increased price competition in Australia and the UK and concern over New Zealand food safety in Hong Kong, however it expects ... More >>
SFO confirms probe into Auckland Transport procurement
Friday, 11 October 2013, 9:43 am | BusinessDesk
Oct. 11 (BusinessDesk) - The Serious Fraud Office has confirmed it is investigating procurement irregularities at Auckland Transport. More >>
Diligent bolsters cash balance as sales growth slows in 3Q
Friday, 11 October 2013, 9:39 am | BusinessDesk
Diligent bolsters cash balance as sales growth slows in 3Q, still grappling with restating books More >>
Contact plans to buy back some retail bonds paying 8 percent
Friday, 11 October 2013, 9:07 am | BusinessDesk
Oct. 11 (BusinessDesk) - Contact Energy, the biggest listed power company, plans to buy back some of its listed retail bonds paying annual interest of 8 percent. More >>
NZ dollar rises vs. yen as US politicians eye debt deal
Friday, 11 October 2013, 8:49 am | BusinessDesk
Oct. 11 (BusinessDesk) – The New Zealand dollar rose to a week high against the yen as investors favour higher risk assets on optimism a political impasse that could have forced the US into debt default may be edging towards a compromise. More >>
CORRECT: Xero shares halted pending capital raising
Friday, 11 October 2013, 8:22 am | BusinessDesk
Oct. 10 (BusinessDesk) - Shares in cloud-based accounting software developer Xero have been halted pending the outcome of a capital raising. More >>
While you were sleeping: Rally on hope for deal
Friday, 11 October 2013, 7:47 am | BusinessDesk
Oct 11 (BusinessDesk) – Equities rallied on optimism that US lawmakers were finally starting to make headway on an agreement to raise the debt ceiling, even if only temporarily, and avoid a potential default. More >>
MARKET CLOSE: NZ shares rise; MRP, Infratil gain on buybacks
Thursday, 10 October 2013, 6:01 pm | BusinessDesk
Oct. 10 (BusinessDesk) – New Zealand shares rose as investors were attracted to Auckland International Airport’s earnings outlook, while Mighty River Power and Infratil rose on plans to return capital via buybacks. More >>
ACI Asia-Pacific airports recorded double-digit growth
Thursday, 10 October 2013, 5:32 pm | Airports Council International
Asia-Pacific airports recorded double-digit growth in August 2013 according to the latest ACI Passenger and Freight Flash Reports. Boosted by the summer holiday traffic, both international and domestic passenger numbers have shown remarkable increase, ... More >>
Queenstown hits record guest nights for August
Thursday, 10 October 2013, 5:28 pm | Destination Queenstown
Statistics New Zealand’s latest research shows Queenstown’s guest nights hit an all time high in August 2013 compared with the same month last year. More >>
Mark Verbiest appointed to ANZ Bank New Zealand Limited
Thursday, 10 October 2013, 5:27 pm | ANZ Bank
ANZ Bank New Zealand Limited (ANZ NZ) announced today the appointment of Mark Verbiest as an independent Director of the company. The appointment is effective from today. More >>
Xero shares halted pending outcome of capital raising
Thursday, 10 October 2013, 5:24 pm | BusinessDesk
Oct. 10 (BusinessDesk) - Shares in cloud-based accounting software developer Xero have been halted pending the outcome of a capital raising. More >>
Retailer calls for tougher regulations for pet stores
Thursday, 10 October 2013, 5:24 pm | Petmarket
The newest player on the Auckland pet retail scene claims the industry is well behind where it should be with regards to animal welfare and has called for reform. More >>
NZ dollar falls as US stalemate erodes risk appetite
Thursday, 10 October 2013, 5:20 pm | BusinessDesk
Oct. 10 (BusinessDesk) - The New Zealand dollar fell in local trading as the protracted stalemate between US legislators to prevent a debt default keeps investors nervous, and unwilling to back higher-yielding, or riskier, assets. More >>
All sectors of vehicle market continue to grow in September
Thursday, 10 October 2013, 5:16 pm | Motor Trade Association
All sectors of New Zealand’s already buzzing vehicle market continue to strengthen, with new imported commercials hitting the highest number of year-to-date sales since 1982. More >>
Wgtn airport to refinance up to $75mln of bonds at 6.25%
Thursday, 10 October 2013, 4:08 pm | BusinessDesk
Oct. 10 (BusinessDesk) – Wellington International Airport is to reduce its bond holdings, seeking to refinance up to $75 million of retail bonds at 6.25 percent to replace $100 million of 7.25 percent bonds maturing next month. More >>
Guest nights continue rising
Thursday, 10 October 2013, 3:54 pm | Statistics New Zealand
The trend for national guest nights spent in short-term commercial accommodation continues to show strong growth and is at an all-time high, Statistics New Zealand said today. More >>
Demand Pushes Wool
Thursday, 10 October 2013, 3:53 pm | Wool Services International
New Zealand Wool Services International Limited’s Marketing Executive, Mr Paul Steel reports that underlying demand has helped hold wool prices over the past weeks with this week’s South Island offering of 7,900 bales firming again and 93 percent ... More >>
Scott Technology FY profit falls 16%, pays special dividend
Thursday, 10 October 2013, 3:51 pm | BusinessDesk
Scott Technology FY profit falls 16% as strong kiwi erodes margins; pays special centenary dividend More >>
Gen-i’s information security controls assessed
Thursday, 10 October 2013, 3:50 pm | gen-i
Ernst & Young has independently assessed that Gen-i’s information security controls meet the ISAE 3402 assurance standard, the international gold standard in management controls assurance. This makes Gen-i the first New Zealand-based ICT provider to ... More >>
Cut The Hard Work Out Of Mowing This Summer With Masport
Thursday, 10 October 2013, 3:48 pm | Impact PR
Invented right here in Godzone – where DIY is as second nature as our stubbies and gumboots – the clever folk at Masport have created the Handle Lift System as an innovative addition to their leading range of lawnmowers. More >>
Government dangles right to work in global student push
Thursday, 10 October 2013, 3:47 pm | BusinessDesk
Oct. 10 (BusinessDesk) – International students will be allowed to work part and full-time in New Zealand in the latest government move to double the nation’s income from the education industry to $5 billion by 2025. More >>
Raise Your Glass to a Blissful Summer with Allan Scott Pinot
Thursday, 10 October 2013, 3:32 pm | Impact PR
Kick winter into touch, get some friends together and celebrate summer with the delectable new Allan Scott Marlborough Pinot Noir Rosé 2013, an incredibly drinkable wine that salutes the promise of great times to come. More >>
HotRot CEO appointment
Thursday, 10 October 2013, 3:27 pm | HotRot Organic Solutions
The Board of HotRot Organic Solutions (NZ) Ltd is pleased to announce that Andrew Green has joined the company as its Chief Executive Officer. Currently owner and Director of KGRM Group Ltd, Andrew was previously Managing Director of Designline ... More >>
Vodafone New Zealand to offer iPhone 5s and iPhone 5c
Thursday, 10 October 2013, 3:26 pm | Vodafone
Vodafone New Zealand today announced it will offer iPhone 5s, the most forward-thinking smartphone in the world, and iPhone 5c, the most colourful iPhone yet, to customers beginning on 25 October. For more information please visit: www.vodafone.co.nz/ More >>
Gunn Estate Reserve Sauvignon Blanc 2013 delivers
Thursday, 10 October 2013, 3:23 pm | Gunn Estate
Gunn Estate’s strong winemaking tradition has combined with Marlborough’s superb 2013 vintage to produce a complex and appealing Reserve Marlborough Sauvignon Blanc 2013. More >>
Millbrook Resort scoops gold again at World Travel Awards
Thursday, 10 October 2013, 3:21 pm | Millbrook Resort
Queenstown’s five-star Millbrook Resort has once again beat off stiff national competition to take out the title of New Zealand’s Best Golf Resort at the travel industry’s most prestigious awards ceremony held in Dubai earlier this month. More >>
Judge eats humble pie as underdog takes top spot
Thursday, 10 October 2013, 3:19 pm | Home Business NZ
At least one judge of The David Awards is eating humble pie this year, after a business previously deemed an unlikely top contender took out the Supreme Award in this year’s event. More >>
Designworks appoints business leader to Board
Thursday, 10 October 2013, 3:14 pm | designworks
Leading Australasian strategic design firm Designworks has added further grunt to its senior management structure, appointing highly respected business leader and branding expert Alan Gourdie to the Board. More >>
Mainzeal receivers realise $22.5 mln
Thursday, 10 October 2013, 3:08 pm | BusinessDesk
Oct. 10 (BusinessDesk) - The receivers for failed construction firm Mainzeal Property and Construction have raised some $22.5 million in asset sales and recoveries from outstanding contracts, and are confident there will be some money left over for the ... More >>
Ceres Wines wins the coveted Pinot Noir Trophy
Thursday, 10 October 2013, 2:32 pm | Ceres Wines
Ceres Wines, a tiny artisan wine producer from Bannockburn in Central Otago, has won the coveted International Wine and Spirit Competition (IWSC) Bouchard Finlayson trophy for Pinot Noir. The trophy is awarded to the top Pinot Noir from entries received ... More >>
Re-wire on a Hayes Roast!
Thursday, 10 October 2013, 2:30 pm | Historic Places Trust
Hayes Roast is this season’s new addition to the offering at Hayes Engineering & Homestead, a Central Otago property cared for by the New Zealand Historic Places Trust (NZHPT). More >>
The Body Shop NZ send award winners to Samoa
Thursday, 10 October 2013, 2:23 pm | The Body Shop
Seeing virgin coconut oil being produced in Samoa became the highlight for the winners of a national The Body Shop NZ make-up competition. Hosted by Women in Business Development, the two winners Nicola Robinson, manager of Lambton Quay store and Rosie Rye, manager ... More >>
Air New Zealand, Betty White present Safety Old School Style
Thursday, 10 October 2013, 1:09 pm | Air New Zealand Public Affairs
Air New Zealand has teamed up with America’s sweetheart of comedy Betty White and a cast of golden oldies for the airline’s latest in-flight safety video which launches today. More >>
OceanaGold Agrees to Acquire Pacific Rim Mining
Thursday, 10 October 2013, 1:08 pm | OceanaGold
OceanaGold Corporation (“OceanaGold”) (ASX: OGC, TSX: OGC, NZX: OGC) and (VANCOUVER) Pacific Rim Mining Corp. (“Pacific Rim”) (TSX: PMU, OTCQX: PFRMF) are pleased to announce that the companies have entered into a definitive agreement (the “Agreement”) ... More >>
Revolutionary airline pilot training method benefits all
Thursday, 10 October 2013, 1:04 pm | CTC Aviation Training
Hamilton, New Zealand – CTC Aviation has reached a key milestone in its delivery of an innovative and world-leading training method for a new pilot licence known in the aviation industry as a Multi-crew Pilot Licence (MPL). The method is revolutionising ... More >>
Allotment of Shares Under Share Purchase Plan
Thursday, 10 October 2013, 1:00 pm | Abano Healthcare Group Limited
Abano Healthcare Group Limited (NZX:ABA) last night completed the allotment of new ordinary shares to shareholders under the Share Purchase Plan (SPP) offer. More >>
NZ’s diversity recognised at International Wine Competition
Thursday, 10 October 2013, 12:57 pm | New Zealand Winegrowers
New Zealand’s diverse wine styles have stolen the show at the prestigious UK-based International Wine and Spirit Competition (IWSC). In the results released today, New Zealand wines beat all international competition to win not only the international ... More >>
Loyalty NZ, Fly Buys operator, posts 3% profit growth
Thursday, 10 October 2013, 12:52 pm | BusinessDesk
Oct. 10 (BusinessDesk) – Loyalty New Zealand, which operates the Fly Buys loyalty programme used by 53 companies, reported a 3 percent increase in profit growth last year, a period in which it had record redemptions of loyalty points. More >>
Cognac Croizet launches award-winners at Crowne Plaza
Thursday, 10 October 2013, 12:47 pm | Crowne Plaza
Internationally-renowned cognac house, Cognac Croizet will launch in New Zealand this month hosting a first-of-its-kind cognac matched degustation dinner at Crowne Plaza Queenstown. More >>
Flight Centre New Zealand Foundation Takes Off
Thursday, 10 October 2013, 12:45 pm | Flight Centre NZ Foundation
Flight Centre New Zealand Limited is ecstatic to announce the launch of its own charitable trust, the Flight Centre New Zealand (NZ) Foundation. With a vision of becoming one of the leading corporate-based foundations in New Zealand, Flight Centre is committed ... More >>
AVCAL Appoints Chief Executive Officer
Thursday, 10 October 2013, 12:34 pm | AVCAL
AVCAL today announced the appointment of Yasser El-Ansary as its new Chief Executive Officer, effective from 20 November 2013. Yasser is currently a senior executive at the Institute of Chartered Accountants Australia, where he is responsible for ... More >>
SB Global Logistics on expansion trail with new acquisition
Thursday, 10 October 2013, 12:27 pm | SB Global Logistics
Leading Christchurch-owned freight forwarding and logistics company, S B Global Logistics, is expanding its operations with the acquisition of another local business. More >>
Simpson Grierson Awards Environmental Law prize
Thursday, 10 October 2013, 12:25 pm | Simpson Grierson
Simpson Grierson Awards Environmental Law prize Mason Gilles is the winner of the Simpson Grierson Environmental Law Prize for 2013. The award recognises the student with the best overall mark in the University of Waikato's environmental law paper. ... More >>
Best Western Rewards Guests with Elite Status Match Upgrade
Thursday, 10 October 2013, 12:19 pm | Best Western
Best Western’s global hotel loyalty program, Best Western Rewards is giving guests more reasons to travel with its new “Status Match… No Catch®” loyalty upgrade introduced this month for members staying at the group’s Australia, New Zealand ... More >>
Vodafone 4G just got faster
Thursday, 10 October 2013, 12:11 pm | Vodafone
Vodafone, the country’s first and only superfast 4G provider, has increased the speed and boosted the capability of parts of its 4G network. This next generation of Vodafone 4G technology is designed to support the latest devices on the market. More >>
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