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Latest Business Headlines [Page 4]

While you were sleeping: US Treasuries gain, Wall St mixed

Thursday, 15 March 2018, 10:23 am | BusinessDesk

March 15 (BusinessDesk) - US Treasuries gained while Wall Street was mixed amid concern about rising odds of a global trade war prompted by US President Donald Trump’s moves towards protectionism. More >>

Vodafone xone opens the door to the next leap forward in AI

Thursday, 15 March 2018, 10:08 am | Vodafone NZ

Vodafone xone opens the door to the next leap forward in AI and IoT Today Vodafone is ushering in the next leap forward in AI (Artificial Intelligence) and IoT (Internet of Things), with applications open for the successful accelerator programme, Vodafone ... More >>

Matthew Ockleston wins Australian Financial Review Award

Thursday, 15 March 2018, 10:05 am | Kensington Swan

Matthew Ockleston, Kensington Swan’s Auckland Managing Partner and Property expert, has been announced the winner for the Most Client Focused Lawyer Award at the Australian Financial Review 2018 Client Choice Awards. The review recognises Matthew’s commitment ... More >>

MARKET CLOSE: NZ shares drop on weak offshore leads

Thursday, 15 March 2018, 9:51 am | BusinessDesk

March 14 (BusinessDesk) - New Zealand shares fell, on weak offshore leads and local stocks giving up dividend rights, with Sky Network Television, New Zealand Refining Co and Mercury New Zealand declining. More >>

Successful Legal Innovation and Technology Event

Thursday, 15 March 2018, 9:49 am | LawFest

Described by attendees as the “must do legal conference of the year”, LawFest, New Zealand’s premier legal innovation and technology event, attracted over 250 legal professionals from across the country, revealing a heightened appetite for ... More >>

Passion for dairy farming shows through

Thursday, 15 March 2018, 9:45 am | Ballance Farm Environment Awards

The Canterbury Ballance Farm Environment Awards have been won by a dairy farming company showing a fantastic level of passion, pride and promotion for its industry. David and Brenda Hislop, Mark Daly and Janet Girvan are partners in Medbury Farm ... More >>

Beef + Lamb New Zealand welcomes focus on vehicle safety

Thursday, 15 March 2018, 9:44 am | Beef And Lamb NZ

Beef + Lamb New Zealand (B+LNZ) today welcomed the announcement by WorkSafe that it will focus on reducing the number of injuries and fatalities involving vehicles on farms. More >>

Insurance a tough call when it comes to rental cars

Thursday, 15 March 2018, 9:39 am | Canstar Blue

Auckland, Date. 15 March 2018. Less than two in five Kiwis pay for additional insurance offered by car rental companies. Canstar Blue looks at what the insurance covers you for and if it’s worth it? More >>

Major focus on reducing farm accidents involving vehicles

Thursday, 15 March 2018, 9:37 am | WorkSafe NZ

A major drive to reduce the number of injuries and fatalities involving vehicles on farms is underway. More >>

AI now bringing exciting possibilities to NZ

Thursday, 15 March 2018, 9:34 am | Make Lemonade

In Phoenix, Arizona, cars are self-navigating the streets. In many homes, people are speaking to digital assistants, with the machines responding. More >>

CQ Tick becoming the new trend for cultural capability

Thursday, 15 March 2018, 9:32 am | Superdiversity Centre

CQ Tick becoming the new trend for recognising and measuring cultural capability An increasing number of business and government organisations are now getting certified for cultural capability through the CQ Tick. At a panel discussion held at BNZ today, ... More >>

Consumer Rights Day puts spotlight on online shopping traps

Thursday, 15 March 2018, 9:24 am | Consumer NZ

March 15 marks World Consumer Rights Day. Consumer organisations are using the day to call for better protection for consumers from online shopping traps. More >>

BioLumic raises US$5M for UV crop enhancement system

Thursday, 15 March 2018, 9:10 am | BusinessDesk

March 15 (BusinessDesk) - BioLumic has raised US$5 million in funding to help deal with growing global demand for increased agricultural crop yields using short-duration ultra-violet treatments rather than genetic modification or chemicals. More >>

HiFX Morning Update, March 15 2018

Thursday, 15 March 2018, 8:20 am | HiFX

The NZDUSD opens at 0.7331 (mid-rate) this morning. The Kiwi is modestly lower against the majors but flat against the Euro ECB president Mario Draghi spoke on Monetary Policy in the Euro Area at a conference in Frankfurt. The ECB’s main focus is on ... More >>

Zespri shareholders back constitutional changes

Wednesday, 14 March 2018, 8:51 pm | BusinessDesk

March 14 (BusinessDesk) - Zespri shareholders voted in favor of constitutional changes aimed at strengthening grower ownership and control of New Zealand's statutory kiwifruit exporter, according to preliminary results from a special meeting held today in Mt ... More >>

MARKET CLOSE: NZ shares drop on weak offshore leads

Wednesday, 14 March 2018, 8:43 pm | BusinessDesk

MARKET CLOSE: NZ shares drop on weak offshore leads, Sky TV and NZ Refining fall on dividends More >>

NZ dollar gets lift from China data but may be short-lived

Wednesday, 14 March 2018, 8:07 pm | BusinessDesk

NZ dollar gets lift from China data but may be short-lived as global trade war fears remain By Rebecca Howard More >>

Govt launches Innovation Partnership programme

Wednesday, 14 March 2018, 5:30 pm | BusinessDesk

March 13 (BusinessDesk) - Research, Science and Innovation Minister Megan Woods launched an Innovative Partnership programme to attract future-focused international innovators and firms such as Kitty Hawk Corp to undertake R&D and develop their products ... More >>

Seequent & SRK Consulting roll out global masterclasses

Wednesday, 14 March 2018, 4:09 pm | Seequent

CHRISTCHURCH, NZ – March 14, 2018 - Seequent (formerly ARANZ Geo) a world leader in the development of data visualisation software together with SRK Consulting announce the roll out of global masterclasses in geologically-driven resource estimation. ... More >>

Funding Agency monitors international bond buying

Wednesday, 14 March 2018, 3:54 pm | BusinessDesk

March 14 (BusinessDesk) - Local Government New Zealand's funding body is closely monitoring investment in its bonds as US Treasury yields increase, with concerns borrowing costs may rise if foreign investment demand drops off. More >>

A rising star in the steel building industry

Wednesday, 14 March 2018, 3:48 pm | Coresteel Buildings

Coresteel Buildings Central Plateau is in full flight, with the team winning the Rising Star Award and for the second year in a row, the Marketing Excellence Award. More >>

Increasing user demand for non-financial information

Wednesday, 14 March 2018, 3:30 pm | Joint Press Release

Interested parties are increasingly expecting more relevant and reliable non-financial information from extended external reporting but companies are slow to meet the demand, new research finds. More >>

Port Strike Causing Major Disruption for Manufacturers

Wednesday, 14 March 2018, 3:14 pm | The Manufacturers' Network

The current industrial action by workers at the Lyttelton Port is starting to effect Canterbury manufacturers, who are facing delays and increased cost for the freight of goods and inputs. More >>

The world’s first self-piloted air taxi in Ngāi Tahu takiwā

Wednesday, 14 March 2018, 2:59 pm | Te Runanga o Ngai Tahu

Te Rūnanga o Ngāi Tahu welcomes Zephyr Airworks unveiling the World’s first self-piloted electric air taxi. More >>

Trilogy set to go private

Wednesday, 14 March 2018, 2:45 pm | BusinessDesk

March 14 (BusinessDesk) - Trilogy International is set to de-list from NZX with shareholders backing a $211 million takeover from China's Citic Capital Partners at today's special meeting, leaving regulatory approvals the final obstacle to the deal. More >>

NZ current account deficit narrows in 4th qtr

Wednesday, 14 March 2018, 2:26 pm | BusinessDesk

March 14 (BusinessDesk) - New Zealand's current account deficit narrowed in the fourth quarter as goods and services exports were fuelled by a recovery in primary exports and spending by tourists. More >>

Rich pickings for Australian ethical investment fund

Wednesday, 14 March 2018, 2:12 pm | BusinessDesk

March 14 (BusinessDesk) - New Zealand has provided rich pickings for Australia's largest ethical investment fund, producing some of its best investments, according to the Kiwi who has managed its local equities for the past decade. More >>

Fonterra Investment to Deliver 70% Reduction in Water Use

Wednesday, 14 March 2018, 1:58 pm | Fonterra Co-operative Group Ltd

$11 Million Advanced Technology Investment Set to Deliver 70% Reduction in Water Use at Darfield Construction is underway on an advanced plant that will reduce the amount of groundwater extracted for Fonterra’s Darfield manufacturing site by around ... More >>

IRD: Some share sales may constitute dividend avoidance

Wednesday, 14 March 2018, 1:54 pm | Inland Revenue Department

Inland Revenue has issued a Revenue Alert, RA 18/01, advising that some share sales to related entities may be considered tax avoidance in the form of dividend stripping. More >>

Capital gains tax among most contentious issues: Tax Group

Wednesday, 14 March 2018, 1:39 pm | BusinessDesk

March 14 (BusinessDesk) - The government's Tax Working Group is encouraging submissions on capital gains taxes and land taxes, while stressing that owner-occupier housing is out of bounds. More >>

Russell McVeagh Law Firm Sponsor Deal Cancelled

Wednesday, 14 March 2018, 1:31 pm | Women on Boards

The cancellation of a major sponsorship deal with law firm Russell McVeagh has left governance group, Women on Boards, without a sponsor for their prestigious “Inspirational Excellence Award,” which is the supreme award at the Women in Governance Awards ... More >>

LPC asks Union to extend withdrawal of strike notices

Wednesday, 14 March 2018, 1:22 pm | Lyttelton Port Company

LPC has asked the Rail and Maritime Transport Union (RMTU) to extend the withdrawal of its strike notices through to Tuesday 20 March. More >>

Opus International Consultants is now WSP Opus

Wednesday, 14 March 2018, 1:20 pm | Opus

WSP Opus, is now the New Zealand operation of WSP, one of the world’s leading engineering professional services consulting firms, following the purchase of Opus International Consultants Limited (Opus) by its new ultimate owner WSP Global Inc. More >>

LIC gets green light for share simplification

Wednesday, 14 March 2018, 1:12 pm | Livestock Improvement Corporation

Following a Special Meeting held today the Board of Livestock Improvement Corporation Limited (NZX: LIC) (LIC) has announced that it has received shareholder support to proceed with its proposal to simplify LIC’s share structure. More >>

Auckland's overheated housing market is losing steam

Wednesday, 14 March 2018, 12:58 pm | BusinessDesk

March 14 (BusinessDesk) - Auckland's overheated housing market is slowing, with price growth lagging behind other main centres as it takes longer to sell a property and the number of houses available for sale increase, according to the latest monthly ... More >>

Future of Tax seeking public opinion

Wednesday, 14 March 2018, 12:57 pm | Business NZ

BusinessNZ has welcomed the release of the Tax Working Group background paper The Future of Tax . More >>

New partnership to drive innovation in perennial fruits

Wednesday, 14 March 2018, 12:03 pm | Autogrow

14 March 2018: AgTech solutions company Autogrow and Plant & Food Research today signed a Memorandum of Understanding (MoU) confirming their intention to collaborate in the development of protocols to maximise yield and enable continuous production ... More >>

Dollar touches 3-week high as US inflation meets estimates

Wednesday, 14 March 2018, 11:41 am | BusinessDesk

March 14 (BusinessDesk) - The New Zealand dollar rose to a three-week high after US inflation printed in line with expectations and US President Donald Trump dumped his Secretary of State Rex Tillerson. More >>

Christchurch goes cashless for Chinese visitors

Wednesday, 14 March 2018, 11:27 am | Christchurch NZ

ChristchurchNZ and Christchurch Airport are working together to help local businesses connect with Chinese consumers via cashless payment system Alipay. More >>

WeChat Pay popular with PappaRich customers

Wednesday, 14 March 2018, 11:13 am | PappaRich

Since launching WeChat Pay during this year’s Lantern Festival, PappaRich have received enthusiastic feedback from the local Chinese community and Chinese tourists, for whom this is the most convenient way to pay. More >>

Aurecon appoints new Roads leader

Wednesday, 14 March 2018, 11:10 am | Aurecon

Recognising the increasing pressure on road infrastructure from growing populations and transformative technologies, global engineering and infrastructure advisory company Aurecon has appointed Nial O’Brien as Global Service Leader – Roads. More >>

ANZ Investments joins global responsible investment network

Wednesday, 14 March 2018, 11:09 am | ANZ Investment

ANZ New Zealand Investments Limited (ANZ Investments) has announced today that it has signed the United Nations-supported Principles for Responsible Investment (PRI). The PRI is a set of principles designed to provide a global benchmark for responsible ... More >>

Honda Torneo parks up in top spot for most stolen car

Wednesday, 14 March 2018, 10:52 am | AA Insurance

Auckland, Wednesday 14 March 2018 – The Honda Torneo remains parked up in the number one spot as the most frequently stolen car, since its debut on the list in 2010, according to AA Insurance. More >>

While you were sleeping: Tillerson out, US inflation muted

Wednesday, 14 March 2018, 10:04 am | BusinessDesk

March 14 (BusinessDesk) - Wall Street gave up earlier gains as investors assessed the impact of tame US inflation data on the outlook for interest rates and US President Donald Trump’s sudden firing of Secretary of State Rex Tillerson on the administration's ... More >>

Grant funding round now open: Borrin Foundation EOI 2018

Wednesday, 14 March 2018, 9:55 am | The Borrin Foundation

Do you need grant funding for work that you believe will make a difference to the lives of New Zealanders, through the law? We’re calling for great project ideas through our first Expression of Interest (EOI) round for grant funding. More >>

House prices rise 6.9% across New Zealand

Wednesday, 14 March 2018, 9:52 am | REINZ

The median house price for New Zealand rose 6.9% in February to $530,000 up from $496,000 in February 2017 according to the latest data from the Real Estate Institute of New Zealand (REINZ), source of the most complete and accurate real estate data ... More >>

Is artificial intelligence the future for the primary sector

Wednesday, 14 March 2018, 9:51 am | Connex

There has been a lot of hype around artificial intelligence (AI) over the last couple of years. The advances in AI, machine learning and predictive analysis has come ahead in leaps and bounds, but are we really there yet? More >>

$2 million milestone for Community Finance programme

Wednesday, 14 March 2018, 9:46 am | BNZ

The Community Finance partnership is proud to announce today the low and no interest loans programme has now provided access to $2 million of lending for financially excluded Kiwi families who may otherwise go to predatory lenders. More >>

Seven tips to bag yourself the best travel insurance

Wednesday, 14 March 2018, 9:42 am | Canstar

Chances are that when it comes to personal insurance such as car, home or contents, you’ve shopped around to make sure you’re getting the best price and the best policy for you. But when we travel, insurance is often the last thing we think about, ... More >>

NZCU Baywide launches new core banking system

Wednesday, 14 March 2018, 9:25 am | NZCU Baywide Credit Union

NZCU Baywide has launched a new core banking system that establishes a modern operational platform for the credit union’s 30,000 customers, spread across its branch and nationwide online banking network. More >>

Rockburn Launches New Video

Wednesday, 14 March 2018, 9:24 am | Rockburn Wines

Central Otago Pinot Noir lovers are most likely familiar with the story of Rockburn Wines. But for those who aren't the boutique producer has now launched a new video telling their unique Kiwi story. More >>

Timber Design Award entries now open

Wednesday, 14 March 2018, 9:20 am | NZ Wood

Entries are now open for the prestigious 2018 NZ Wood-Resene Timber Design Awards, and Stage One entries will close at 5pm on Monday, 30 April 2018. More >>

Customers key to solar and battery trials

Wednesday, 14 March 2018, 9:19 am | Contact Energy

Jason Krupp 9:02 AM (17 minutes ago) to Jason Customers key to solar and battery trials Wednesday 14 March 2018 - Contact Energy and Wellington Electricity are set to unveil to attendees of this year’s Downstream Technology Conference a key component ... More >>

Tax Working Group open minded on how to future proof tax

Wednesday, 14 March 2018, 9:09 am | Tax Working Group

A national conversation is well underway on the future of tax and the Tax Working Group remains open minded about where it will lead. More >>

Dentsu Aegis builds on investment and digital capability

Wednesday, 14 March 2018, 8:37 am | Dentsu Aegis Network

Dentsu Aegis Network (DAN) New Zealand has announced two senior appointments to its investment and programmatic team, driven by a strong period of growth for the business. More >>

Choosing Wisely welcomes Southern Cross as new sponsor

Wednesday, 14 March 2018, 8:31 am | Southern Cross Healthcare

Choosing Wisely is pleased to announce a new partnership with Southern Cross Health Society as a sponsor of the global campaign’s New Zealand chapter; aimed at helping people make informed choices about their health care. More >>

HiFX Morning Update, March 14 2018

Wednesday, 14 March 2018, 8:16 am | HiFX

The NZDUSD opens at 0.7341 (mid-rate) this morning. The Kiwi is the best performer of the G10 currencies overnight, setting a 2 week high against the USD, and rallying strongly against the Canadian Dollar and the Japanese Yen U.S. Consumer Prices continued ... More >>

UPDATE: FMA rejected 2015 complaint on CBL prospectus

Tuesday, 13 March 2018, 9:27 pm | BusinessDesk

March 13 (BusinessDesk) - The Financial Markets Authority was warned of potential issues at CBL Corp before the insurance services group went public in 2015 but dismissed the complaints from a businessman whose company was caught in a US probe over "fraudulent" ... More >>

MARKET CLOSE: NZ shares rise on Summerset upgrade

Tuesday, 13 March 2018, 8:40 pm | BusinessDesk

MARKET CLOSE: NZ shares rise on Summerset upgrade; Synlait gains while Argosy, Strike shed dividends More >>

Massive demand for 2029 NZ govt bonds: $5B bid for $2B

Tuesday, 13 March 2018, 8:37 pm | BusinessDesk

March 13 (BusinessDesk) - The New Zealand Debt Management Office's sale of a new April 20, 2029, bond was 2 1/2 times overbid as investors looked to lock in attractive long-term interest rates ahead of what looks to be a gradual rise in global interest ... More >>