Latest Business Headlines [Page 4]
Local yarn’s luxury fibre reaches US Vogue Knitters
Thursday, 8 August 2013, 4:07 pm | Woolyarns New Zealand
With the resurgence in hand knitting and all things handcrafted, a local yarn company is spinning a name for itself with its luxury natural fibre yarn product especially for hand knitting. More >>
Fonterra says no signs yet of loss of business
Thursday, 8 August 2013, 3:59 pm | BusinessDesk
Aug 8 (BusinessDesk) – Fonterra Cooperative Group hasn’t seen any signs of customers reducing their business and says it is too soon to say whether the costs of dealing with the contamination will result in a charge against earnings. More >>
CFH delighted with Ultra Fast Broadband progress
Thursday, 8 August 2013, 3:55 pm | Crown Fibre Holdings
Chair of Crown Fibre Holdings (CFH) Simon Allen is delighted with the progress of the Ultra-Fast Broadband initiative. Echoing today’s remarks by the Minister for Communications and Information Technology Amy Adams, Mr Allen said it was fantastic ... More >>
Government confirms safety of New Zealand dairy products
Thursday, 8 August 2013, 3:47 pm | Fonterra
Fonterra today welcomed the New Zealand Government’s confirmation that the quality issue involving whey protein concentrate is confined to the products made from three batches of WPC80 and no other New Zealand dairy products are affected. More >>
Irradiated Australian tomatoes set for New Zealand stores
Thursday, 8 August 2013, 3:43 pm | TomatoesNZ
Tomatoes New Zealand today urged food retailers and the hospitality sector to label or indicate where imported irradiated Australian tomatoes are sold or served. More >>
Kiwi Karter Signed By Australian Management Group
Thursday, 8 August 2013, 3:41 pm | Fast Company
Fast-rising Kiwi karter Caleb Cross is the latest promising young driver signed by Australian motorsport marketing and management company Velocity Management Group. Cross, 13, from Christchurch, is the reigning New Zealand and New Zealand Schools' ... More >>
Aurecon appoints new manager in Christchurch
Thursday, 8 August 2013, 3:37 pm | Aurecon
Carl Devereux has been appointed as Christchurch Manager for engineering company Aurecon. He joined Aurecon in 2004 as a Technical Director and has more than 17 years experience of Structural and Civil projects, with a particular focus on building ... More >>
EPMU urges MPs to back mine check inspectors
Thursday, 8 August 2013, 3:35 pm | EPMU
The EPMU has urged a select committee to ignore the self-interested lobbying of mining companies and give workers the right to have a say over their own health and safety. More >>
Callaghan Innovation quits telescope contract
Thursday, 8 August 2013, 3:33 pm | BusinessDesk
Aug 8 (BusinessDesk) - The government's new innovation agency has begun culling commercial activity that either doesn't fit its future operations or is judged to be unsustainable. More >>
Dorchester holders asked to approve early note conversion
Thursday, 8 August 2013, 3:32 pm | BusinessDesk
Aug 8 (BusinessDesk) - Shareholders of Dorchester Pacific will be asked at this month’s annual meeting to allow an early conversion of notes giving the Business Bakery and Hugh Green Investments control of the financial services firm, sign off on a 20 percent ... More >>
Only ten days until NZCID Building Nations Symposium
Thursday, 8 August 2013, 3:09 pm | NZ Council for Infrastructure Development
The NZCID Building Nations Symposium is THE premier event on the infrastructure calendar. It provides the opportunity for the public and private sector to come together to progress thinking and advance best practice in national infrastructure development. More >>
Accountants to vote on Trans-Tasman institute
Thursday, 8 August 2013, 3:05 pm | Institute of Chartered Accountants
An historic vote on the proposal to join the New Zealand and Australian Chartered Accountant professional bodies into One New Institute is to take place in October this year. More >>
ViFX supports regional launch of hot storage vendor Actifio
Thursday, 8 August 2013, 2:57 pm | ViFX
Internationally hot company and copy-data storage and disaster recovery vendor Actifio, was supported by New Zealand IT start-up ViFX as they delivered their official Australasian launch event in Sydney. More >>
Jilly Murphy Memorial Scholarship for Aviation Safety
Thursday, 8 August 2013, 2:43 pm | Christchurch Airport
A $5000 scholarship is being offered to support a project or person which contributes to improved aviation safety in New Zealand, particularly in Canterbury. More >>
Auckland First NZ City to Experience Giant Trampoline Park
Thursday, 8 August 2013, 2:40 pm | JUMP
Aucklanders will soon be able to experience a new international craze, with New Zealand’s first premier trampoline park – a purpose-built arena featuring more than 70 trampolines under one roof. More >>
Treasury: Auditor-General report on Affording Our Future
Thursday, 8 August 2013, 2:29 pm | New Zealand Treasury
The Treasury will study carefully a discussion paper released today by the Controller and Auditor-General into the processes adopted to prepare the 2013 Statement on the Long-Term Fiscal Position , Chief Economist and Deputy Secretary Girol Karacaoglu ... More >>
Manufacturing employment falls
Thursday, 8 August 2013, 2:25 pm | NZ Manufacturers and Exporters Association
The latest Statistics New Zealand Household Labour Force Survey shows an increase in the unemployment rate to 6.4%, as well as a significant decrease in the number of people employed in manufacturing, say the New Zealand Manufacturers and Exporters ... More >>
Home Direct appoints e-commerce manager to aid online growth
Thursday, 8 August 2013, 2:23 pm | Home Direct
New Zealand’s leading direct selling retailer, Home Direct, has appointed Zib Campbell as e-commerce manager to support the growth of the company’s online retail channel. More >>
Young Innovator Awards 2013
Thursday, 8 August 2013, 2:01 pm | Young Innovator Awards
The Young Innovator Awards (YIA) aim to inspire and engage Western Bay of Plenty secondary students and young professionals in the process of innovative thinking and problem solving to design a product or service. More >>
Icon Film Distribution Appoints New NZ Distribution Partner
Thursday, 8 August 2013, 1:58 pm | Icon Film Distribution
Icon Film Distribution today announced that it has appointed Roadshow Films NZ as their new theatrical distribution partner in New Zealand. This move represents an extension of Home Entertainment distribution relationship between the two companies ... More >>
Hamilton hairdressers to sponsor Commonwealth athlete
Thursday, 8 August 2013, 1:56 pm | The Engine Room
It’s an ethical match for Hamilton hairdressers The Engine Room and New Zealand Commonwealth hopeful Camille Buscomb as they join forces in a new sponsorship deal. Hamilton hairdressers The Engine Room are a new sponsor of Hamilton athlete Camille ... More >>
NZ property values rise at 8.1% annual pace in July: QV
Thursday, 8 August 2013, 1:13 pm | BusinessDesk
NZ property values rise at 8.1% annual pace in July on demand in Auckland, Christchurch More >>
The Almighty Johnsons App Goes Live Today
Thursday, 8 August 2013, 1:09 pm | Beyond The Story
New Zealand company BeyondTheStory® won the rights to produce the official digital edition of The Almighty Johnsons on App, and to transform the 13 episodes of the television series into a novel. More >>
Market Stays Strong
Thursday, 8 August 2013, 12:53 pm | New Zealand Wool Services
New Zealand Wool Services International Limited’s General Manager, Mr John Dawson reports that for today’s market offering of 5,959 bales of South Island wool prices remained firm. The selection comprised mainly Crossbred Fleece and Early Shorn Second ... More >>
5 reasons why parents need to be cyber-savvy
Thursday, 8 August 2013, 12:38 pm | MyCRA Credit Repairs
A credit expert is urging parents to focus on maintaining a dialogue with their children and get themselves up to speed with technology, in order to best prevent families from falling prey to the internet's financial predators. More >>
North Canterbury will boom on back of water storage
Thursday, 8 August 2013, 12:37 pm | Irrigation NZ
IrrigationNZ says North Canterbury will be revitalised on the back of the Waitohi Irrigation and Hydro Scheme, which was granted resource consent this week. More >>
Taiwan Agreement a positive step
Thursday, 8 August 2013, 12:35 pm | International Business Forum
The New Zealand International Business Forum (NZIBF) has told Parliament that it warmly welcomes and supports the Government’s intention to conclude an economic cooperation agreement (ANZTEC) with Taiwan. More >>
Good news for business and the environment
Thursday, 8 August 2013, 12:21 pm | Sustainable Business Network
Today’s announcement by the Environment Minister Amy Adams that the Government will legislate for independent environmental reporting is an important step forward for the future of New Zealand’s economy and environment, says the Sustainable Business ... More >>
Vector may beat guidance for FY 2013, but 2014 tougher
Thursday, 8 August 2013, 12:21 pm | BusinessDesk
Aug. 8 (BusinessDesk) – Vector, the electricity and gas lines company, is likely to beat its guidance in 2013 with a modest uplift in operating earnings but 2014 results will fall as regulated price cuts bite and it sells less cheap Kapuni gas. More >>
New smelter power deal allows for faster closure
Thursday, 8 August 2013, 12:20 pm | BusinessDesk
Aug 8 (BusinessDesk) - The Tiwai Point aluminium smelter's major owner, Rio Tinto, has won the ability to close the plant more quickly than in the contracts it has managed to overturn in favour of a new deal announced today. More >>
Tiwai workers’ union welcomes agreement with Meridian
Thursday, 8 August 2013, 12:02 pm | EPMU
The union representing workers at the Tiwai Point smelter welcomes the agreement reached between Meridian Energy and the smelter owners. More >>
New Zealand & Australia Design Leaders Join Forces
Thursday, 8 August 2013, 11:52 am | Designers Institute of New Zealand
The Designers Institute of New Zealand has today signed a Memorandum of Understanding with the Designers Institute of Australia and the Australian Graphic Design Association. More >>
Green light imminent for Bathurst's Escarpment mine
Thursday, 8 August 2013, 11:43 am | BusinessDesk
Aug 8 (BusinessDesk) - Bathurst Resources says it's received notice from the Environment Court that it will approve the company's long-delayed and environmentally controversial application to do open-cast mining for coking coal on the Denniston Plateau. More >>
Used imports lead vehicle sales boom
Thursday, 8 August 2013, 11:40 am | Motor Trade Association
Used imported cars shared in the sales success enjoyed by the new vehicle sector during July with their strongest month in almost six years. Every sector of the market enjoyed growth last month compared to 2012, with used import cars leading the way. More >>
Unisys Positioned in “Visionaries” Quadrant
Thursday, 8 August 2013, 11:37 am | Unisys
Unisys Corporation (NYSE: UIS) today announced that it has been positioned in the “Visionaries” quadrant in the Gartner, Inc. 2013 global Magic Quadrant report for Managed Mobility Services. More >>
Diligent shares surge after broker upgrades rating
Thursday, 8 August 2013, 11:31 am | BusinessDesk
Aug 8 (BusinessDesk) – Shares in Diligent Board Member Services, the governance app maker hit by a slew of administrative mis-steps, surged after brokerage Craigs Investment Partners upgraded its recommendation to ‘buy’ from ‘hold’, saying ... More >>
Attend 2014/2015 Anzac Day services in Gallipoli
Thursday, 8 August 2013, 11:27 am | Tempo Holidays
Take part in Anzac Day services in Gallipoli and discover some of Turkey’s greatest touring highlights with 2014 and 2015 packages now available from Tempo Holidays. More >>
Telco law review not enough to save Chorus dividends:m broke
Thursday, 8 August 2013, 11:19 am | BusinessDesk
Aug. 8 (BusinessDesk) - Chorus’s board will probably have to cut its return to shareholders with promising signs in a government review of telecommunications law still likely to leave a hole in the network operator’s earnings, according to a ... More >>
Exporters face language barriers
Thursday, 8 August 2013, 10:58 am | Bluefox PR
Auckland, 8 August 2013 – Half of New Zealand exporters face business challenges because of cultural or language barriers when exporting to a market that does not speak English, according to a recent exporter survey conducted by DHL Express NZ. More >>
Rural Broadband and mobile coverage arrives at Feilding
Thursday, 8 August 2013, 10:55 am | Vodafone
Mobile coverage and broadband options just got better for residents and visitors to Feilding East, as Vodafone has lit up its newly built cell site under the Government’s Rural Broadband Initiative (RBI). More >>
Review of the Telecommunications Act
Thursday, 8 August 2013, 10:37 am | Slingshot
The Government has announced plans to maintain artificially high copper prices, effectively placing a levy of up to $150 a year on consumers to support the fibre rollout. This move is to ensure that the price consumers currently pay for copper based broadband ... More >>
Stamps evoke an era of classic travel
Thursday, 8 August 2013, 9:55 am | New Zealand Post
Fancy a trip to ‘Timaru by the Sea’? Popping over to ‘Tauranga for Winter Sunshine’? These are just a couple of the suggestions featured on New Zealand’s classic travel posters. Before the internet, colour television and colour photography New Zealand ... More >>
NZAS signs new electricity agreement for Tiwai Point smelter
Thursday, 8 August 2013, 9:38 am | New Zealand Aluminium Smelters
The immediate future of New Zealand’s Tiwai Point aluminium smelter has been secured through the signing of a long term electricity agreement. New Zealand Aluminium Smelters Ltd (NZAS), the company that operates the smelter, signed the deal with Meridian ... More >>
Tiwai Point smelter safe to Jan 2017 under new power deal
Thursday, 8 August 2013, 9:37 am | BusinessDesk
Aug 8 (BusinessDesk) - Meridian Energy has had to give up previously negotiated price increases and the government has chipped in with a $30 million "incentive payment" to keep the Tiwai Point aluminium smelter open until at least January 2017. More >>
Australia’s Perpetual swoops on beat-up Fonterra units
Thursday, 8 August 2013, 9:17 am | BusinessDesk
Aug 8 (BusinessDesk) - ASX-listed fund manager Perpetual has used Fonterra Cooperative Group’s food scare to trawl for cheap units in the dairy exporter’s listed fund. More >>
NZ dollar gains as confidence returns after Fonterra scare
Thursday, 8 August 2013, 8:48 am | BusinessDesk
Aug 8 (BusinessDesk) – The New Zealand dollar advanced as investors increased their holdings of the local currency following a sell off earlier in the week on concern about the impact of a food contamination scare on the New Zealand economy. More >>
While you were sleeping: Wall Street falls
Thursday, 8 August 2013, 7:43 am | BusinessDesk
Aug 8 (BusinessDesk) – Wall Street slid for a third day amid comments from Cleveland Fed President Sandra Pianalto that the US jobs market had shown “meaningful improvement”. More >>
Fonterra Chief Executive Sorry for Anxiety Caused
Wednesday, 7 August 2013, 7:45 pm | Fonterra Co-operative Group Ltd
Fonterra Chief Executive Theo Spierings today apologised for the anxiety caused over the past few days by the quality issue involving three batches of potentially affected whey protein concentrate (WPC80). Mr Spierings briefed media in Auckland today about ... More >>
Māori to be a focus of NZ’s largest business survey
Wednesday, 7 August 2013, 6:43 pm | ANZ Bank
Māori businesses will be a focus of the country’s largest survey of privately owned businesses in September this year. More >>
East Coast Iwi and 2degrees join forces
Wednesday, 7 August 2013, 6:20 pm | 2Degrees
An innovative partnership announced today between a collective of Ngati Porou organisations and mobile telecommunications company 2degrees, will offer substantial benefits to members of the East Coast-based tribe. More >>
MARKET CLOSE: NZ shares fall with Tower, Diligent
Wednesday, 7 August 2013, 5:50 pm | BusinessDesk
Aug 7 (BusinessDesk) – New Zealand shares fell, led by Tower and Diligent Board Members Services as the insurer flagged new capital requirements and the IT firm continued to sink in the wake of its revenue restatements. More >>
Owners urged to strengthen buildings over minimum
Wednesday, 7 August 2013, 5:33 pm | NZ Society for Earthquake Engineering
The New Zealand Society for Earthquake Engineering has urged building owners to strengthen earthquake prone buildings to double the Government’s minimum requirement. More >>
Forest owners support workplace safety reforms
Wednesday, 7 August 2013, 5:23 pm | NZ Forest Owners' Association
The Forest Owners Association (FOA) welcomes the government's workplace health and safety reforms announced today. More >>
NZ dollar holds gains as Fonterra food scare contained
Wednesday, 7 August 2013, 5:19 pm | BusinessDesk
Aug 7 (BusinessDesk) - The New Zealand dollar held its gains in the local trading session as the furore over Fonterra Cooperative Group’s tainted whey protein appears to be contained, and as local jobs figures show continuing improvement in the labour ... More >>
Fairfax Media and House of Travel launch partnership
Wednesday, 7 August 2013, 5:12 pm | Fairfax Media
Two of New Zealand’s best known brands Fairfax Media and House of Travel have announced an extensive new partnership which encompasses contextual commerce and co-created content. More >>
Fonterra launches probe into food scare
Wednesday, 7 August 2013, 4:53 pm | BusinessDesk
Aug. 7 (BusinessDesk) - Fonterra Cooperative Group, the world’s biggest dairy exporter, has launched an investigation into a food contamination scare after accounting for the potentially tainted product. More >>
NZITO wanting clarity about roles of WorkSafe
Wednesday, 7 August 2013, 4:45 pm | NZITO
The New Zealand Industry Training Organisation is the designated Standard Setting Body for Occupational Health and Safety unit standards and qualifications. More >>
Stress on Rural Business Prompts New Initiative
Wednesday, 7 August 2013, 4:25 pm | Business Mentors
Business Mentors New Zealand has announced a new initiative to increase business mentoring support to rural businesses throughout New Zealand, which are facing increasing levels of stress worsened by the aftermath of the recent drought, tighter regulations ... More >>
Goodman Property Trust delivers strong financial results
Wednesday, 7 August 2013, 4:06 pm | Goodman Property Trust
With a proven development capability and substantial land holdings in Auckland and Christchurch, we heard at NZX-listed Goodman Property Trust’s Unitholder meeting yesterday how it has established itself as one of the country’s leading industrial ... More >>
Market realities of earthquake-strengthening recognised
Wednesday, 7 August 2013, 4:05 pm | Property Council Of New Zealand
Today’s Government announcement on changes to its earthquake-prone building policy recognise the market realities of creating more resilient public buildings across New Zealand. More >>
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