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Latest Business Headlines [Page 5]

Back on track

Monday, 19 June 2017, 10:57 am | BNZ

New Zealand’s services sector returned to its recent level of consistent and healthy expansion during May, according to the BNZ - BusinessNZ Performance of Services Index (PSI). More >>

Financial Services Council launch new Industry Awards

Monday, 19 June 2017, 10:41 am | Financial Services Council

The Financial Services Council today launch their industry awards. Financial Services Council Chief Executive Richard Klipin said, ‘These awards showcase excellence in our industry and give us all a chance to celebrate success and learn from our ... More >>

Tourism Malaysia Welcomes New Marketing Manager Ewan Cao

Monday, 19 June 2017, 10:29 am | Tourism Malaysia

Tourism Malaysia welcomes Ewan Cao to the role of marketing manager for the New Zealand region. More >>

Cyclones Debbie and Cook insured costs $84m

Monday, 19 June 2017, 10:10 am | Insurance Council

The two cyclones that pounded New Zealand during April and caused residents of Edgecumbe to be evacuated have resulted in insured costs of $84 million the Insurance Council of New Zealand reported today. More >>

Spark planning to take on direct management of all stores

Monday, 19 June 2017, 10:08 am | Spark

Moving away from a Dealer partner model to directly owned stores will allow Spark to showcase digital experiences to customers in an interactive retail environment More >>

Wilderness Home in Fiordland National Park For Sale

Monday, 19 June 2017, 9:58 am | Bayleys Realty Group

An idyllic waterfront holiday home in New Zealand’s Fiordland National Park, the ultimate wilderness playground, has been placed on the market for sale. More >>

Evolution Mining Withdraws from Puhipuhi

Monday, 19 June 2017, 9:53 am | Action Coordination Group

On Friday Evolution Mining reluctantly admitted that they are withdrawing from their exploration activities at Puhipuhi in Northland. They said it was the result of tests showing insufficient reason to continue and they would now ‘focus on other programmes’. ... More >>

Simply More at Ingram Micro Showcase 2017

Monday, 19 June 2017, 9:50 am | Ingram Micro

Auckland, New Zealand, 19 June 2017 – Ingram Micro, New Zealand’s largest distributor of technology products, says that Showcase 2017, its premier event being held later this month in Christchurch, and in Wellington and Auckland in July, is the biggest ... More >>

Haryana Ministerial delegation in New Zealand gets to do ‘kiwi-style’ networking for business

Monday, 19 June 2017, 9:27 am | India New Zealand Business Council

The Indian High Commission hosted a very impressive dinner event held at Tulsi Restaurant Cuba Street, Wellington on 17th May 2017. The event was supported by The India New Zealand Business Council [INZBC] Wellington Chapter. More >>

Kiwis urged not to rely on fundraising in lieu of insurance

Monday, 19 June 2017, 9:26 am | Southern Cross Travel Insurance

One in six New Zealanders is putting themselves at risk by travelling overseas without insurance, instead relying on public appeals for money to pay medical bills should something go wrong. More >>

Only 14 percent of large NZ businesses have deployed IoT

Monday, 19 June 2017, 9:16 am | Make Lemonade

New Zealand is well positioned for the Internet of Things (IoT), such as fast fibre, however a national tech leader urged for the country to do better. More >>

HiFX Morning Update, June 19 2017

Monday, 19 June 2017, 9:01 am | HiFX

The NZDUSD has bounced back above 0.7250 following further disappointing economic data out of the US. More >>

NZ Master Joiner Awards

Sunday, 18 June 2017, 11:13 am | Master Joiner Awards

NZ Master Joiner Awards The 2017 winning entries in the annual NZ Master Joiner Awards have been announced this evening at the NZ Master Joiner Awards Dinner at the Wairakei Resort in Taupo. The aim of the Awards is to promote excellence in joinery ... More >>

World-class industrial manufacturing facility wins

Saturday, 17 June 2017, 2:09 pm | Property Council Of New Zealand

World-class industrial manufacturing facility wins coveted Supreme Award A new industrial manufacturing facility has won the Supreme Award in the prestigious Property Council New Zealand Rider Levett Bucknall Property Industry Awards 2017. The Sistema manufacturing ... More >>

Ex-Powerhouse chair can't be forced off board

Friday, 16 June 2017, 8:35 pm | BusinessDesk

Ex-Powerhouse chair can't be forced off board despite being 'economical with the truth' By Jonathan Underhill More >>

MARKET CLOSE: NZ shares rise, A2 Milk hits fresh record

Friday, 16 June 2017, 8:34 pm | BusinessDesk

MARKET CLOSE: NZ shares rise, A2 Milk hits fresh record, Tegel drops on NZX 50 By Sophie Boot More >>

CORRECT: ACG to buy Intueri schools

Friday, 16 June 2017, 8:33 pm | BusinessDesk

CORRECT: ACG to buy Intueri schools out of voluntary administration for undisclosed sum (Fixes reference to receivership in headline) More >>

NZ dollar dips vs USD, gains vs yen

Friday, 16 June 2017, 8:31 pm | BusinessDesk

June 16 (BusinessDesk) – The New Zealand dollar struggled to gain traction against the US dollar after the US Federal Reserve kept intact plans for another rate hike this year while pushing higher against the yen after the Bank of Japan kept monetary ... More >>

Veritas files court proceedings over late Nosh payment

Friday, 16 June 2017, 8:31 pm | BusinessDesk

June 16 (BusinessDesk) – Veritas Investments has kicked off legal proceedings against the buyer of the upmarket Nosh Group supermarkets for late payments. More >>

Synlait Milk lowers forecast payout for 2016-17 season

Friday, 16 June 2017, 7:33 pm | BusinessDesk

Synlait Milk lowers forecast payout for 2016-17 season after fall in dairy prices Inbox More >>

BOJ, Sterling, Greece & Oil Under Spot Light

Friday, 16 June 2017, 6:55 pm | ThinkMarkets

European stocks are ignoring the butchery we experienced in the US equity which was triggered with FANG stock. This was mainly on the back of two key fundamental reasons. Firstly, the central banks around the globe tightening their screws on the ... More >>

Reserve Bank tipped to hold and stick to neutral bias

Friday, 16 June 2017, 6:53 pm | BusinessDesk

June 16 (BusinessDesk) – Reserve Bank governor Graeme Wheeler is expected to keep rates on hold at next week's review and stick firmly to a neutral stance, in particular after softer-than-expected first quarter economic growth. More >>

Link Group launches shareholder meeting technology

Friday, 16 June 2017, 6:22 pm | Link Group

Z Energy becomes world’s first company to host an Annual Shareholder Meeting with hybrid telephone, online (virtual), and in-person voting participation More >>

Resilient 2016 result for Jade Software

Friday, 16 June 2017, 4:07 pm | JADE

Resilient 2016 result for Jade Software Christchurch, 16 June, 2017 – 2016 was a year of continued growth for Jade, demonstrating the benefits of focused execution including additional investment made in its Logistics business. The renewal of longstanding ... More >>

Synlait revises 2016 / 2017 forecast milk price

Friday, 16 June 2017, 3:52 pm | Synlait

Synlait Milk (NZX: SML; ASX: SM1) is forecasting a total milk price of $6.29 kgMS for the 2016 / 2017 season, consisting of a forecast base milk price of $6.15 kgMS and $0.14 of premium payments. More >>

Chambers welcome regional mayoral cooperation

Friday, 16 June 2017, 3:09 pm | Wellington Chamber Of Commerce

Wellington Region Chambers of Commerce Media Statement Friday 16th June 2017 Chambers welcome regional mayoral cooperation More >>

Fieldays showcases the tech changing farming

Friday, 16 June 2017, 3:07 pm | ANZ Bank

Fieldays showcases the tech changing farming A technology tsunami is set to change the way New Zealand agricultural producers do business according to ANZ’s Rural Economist Con Williams. At Fieldays this week to talk about his latest Agri Focus ... More >>

How to Solve the Housing Crisis – a Less than Honest Process

Friday, 16 June 2017, 2:53 pm | Chris Barfoot

How to Solve the Housing Crisis – a Less than Honest Process Chris Barfoot QSM, a former director of Barfoot and Thompson, is today strongly speaking out against Government plans to pass a law that removes consultation and silences community objection ... More >>

Trio of commercial properties for sale

Friday, 16 June 2017, 2:51 pm | Bayley's Real Estate

The land and buildings housing New Zealand’s only two-in-one petrol service station and drive-through laundromat business headline a trio of commercial properties currently on the market for sale in Rotorua. More >>

NZ manufacturing activity expands in May

Friday, 16 June 2017, 2:08 pm | BusinessDesk

June 16 (BusinessDesk) – New Zealand's manufacturing activity expanded in May, reaching the highest value since January 2016 and boding well for second-quarter economic growth. More >>

Craggy Range Prestige wines selected

Friday, 16 June 2017, 1:58 pm | Craggy Range Winery

Craggy Range Prestige wines selected in 2017 Fine Wines of New Zealand selection. Craggy Range is delighted to be have their three Prestige wines named in the Fine Wines of New Zealand – a selection of the country’s highest caliber wines. Le ... More >>

Jersey cows attract top prices

Friday, 16 June 2017, 1:57 pm | Jersey NZ

Jersey cows attract top prices at Jersey Pride Elite Jersey sale Top sale price of $10,000 reached at the national Jersey Pride Elite Jersey Sale in Wellington Average sale price of Jersey reaches $5,364 Value of Jersey genetics being realised despite ... More >>

Free policy, evaluation and research services

Friday, 16 June 2017, 1:55 pm | Allen And Clarke

Today we are calling for organisations, whether government, non-government or community-based, to express their interest in pro bono research, policy, or evaluation services during late 2017. Matthew Allen, Allen + Clarke Director, said: “Every year we undertake ... More >>

SAFE’s Evolutionary Growth Pains

Friday, 16 June 2017, 1:43 pm | Maintenance Engineering Society of New Zealand

The Maintenance Engineering Societies Kaeser Compressors Network Evening series has provided a firsthand view of the evolutionary change taking place across New Zealand manufacturing and engineering as industry adapts to the modern world. The ... More >>

Allied Farmers shares jump 23% on soaring livestock sales

Friday, 16 June 2017, 1:35 pm | BusinessDesk

June 16 (BusinessDesk) – Allied Farmers shares jumped 23 percent after the rural services firm raised annual earnings guidance on a much stronger pick-up in livestock sales than expected. More >>

Ports of Auckland: Still Oceania’s Best Seaport?

Friday, 16 June 2017, 1:20 pm | Ports of Auckland

Ports of Auckland: Still Oceania’s Best Seaport? For the second year running, Ports of Auckland has been selected as a finalist for the Best Seaport in Oceania, the only New Zealand port to make it through to the finals. Ports of Auckland was ... More >>

Kiwi company works with Microsoft and AP

Friday, 16 June 2017, 1:05 pm | Enlighten

Hamilton and Auckland based tech company Enlighten Designs is set to help international news agency The Associated Press (AP) take data storytelling to the next level, with an exciting pilot it announced this week with The AP and Microsoft. More >>

‘From Work to Wonder’ Whānau Ora Conference

Friday, 16 June 2017, 12:40 pm | Pasifika Futures Limited

Reviewing the evidence, innovative work and planning for the future will be the centre of Pasifika Futures’ Whānau Ora Conference, to be held at the James Cook Hotel Grand Chancellor in Wellington on 31 July and 1 August. More >>

Ryman secures 4.5ha site in Henderson

Friday, 16 June 2017, 12:27 pm | BusinessDesk

June 16 (BusinessDesk) – Ryman Healthcare, whose retirement village portfolio was valued at $3.66 billion as at March 31, has secured a 4.5 hectare site in Henderson, West Auckland to target retiring Westies it says are under-supplied with options. More >>

A2 raises annual sales guidance on new production

Friday, 16 June 2017, 12:26 pm | BusinessDesk

June 16 (BusinessDesk) – A2 Milk Co lifted annual sales guidance for the second time in as many months as it beefed up production to meet sweltering Chinese demand for infant formula. More >>

We need to produce more high-value goods and services

Friday, 16 June 2017, 11:54 am | NZMEA

The latest growth figures from Statistics New Zealand and the latest OECD report review of our economy, published yesterday, show that while our economy keeps growing, we’re lacking in areas that can really make us a wealthier nation, say the New ... More >>

NZ dollar falls vs pound on split BOE over rate hike

Friday, 16 June 2017, 11:48 am | BusinessDesk

June 16 (BusinessDesk) – The New Zealand dollar declined against the pound after the Bank of England policy committee kept rates on hold but with a split vote, while it fell against the US dollar in the wake of yesterday Federal Reserve statement ... More >>

Marlborough Chamber of Commerce Hosts ExportNZ Event

Friday, 16 June 2017, 11:41 am | Export NZ

This is a great opportunity to meet and hear the market access team from MPI, NZTE and MFAT. There will be plenty of time for Q & A for you to be able to ask market access questions and fill any knowledge gaps. More >>

Silver Fern Farms Launch $30,000 National Youth Scholarships

Friday, 16 June 2017, 11:27 am | Silver Fern Farms

Friday 16 June: Silver Fern Farms will award $5000 to six young people around New Zealand to assist with developing their careers in food and farming in the red meat sector. More >>

Opening of South Pacific’s Newest Conference Destination

Friday, 16 June 2017, 11:25 am | Scenic Circle Hotels

Christchurch, New Zealand – Friday 16th June, 2017. The South Pacific’s newest conferencing destination, Niue, has received a high level opening this week with the opening of the Matavai Conference Centre Niue. Official proceedings included ... More >>

NZIOB Elects Graeme Birkhead as National President

Friday, 16 June 2017, 11:19 am | NZ Institute of Building

The New Zealand Institute of Building ( NZIOB ) has a new National President, construction industry executive Graeme Birkhead. Mr. Birkhead took up the role of National President at the NZIOB’s Annual General Meeting held in Lower Hutt on 15 June and succeeds ... More >>

Recent developments in financial market benchmarks

Friday, 16 June 2017, 11:16 am | Reserve Bank

An article published today in the Reserve Bank Bulletin provides an overview of the importance of benchmarks, which are used to price, value and evaluate financial market transactions. More >>

Manawatu’s ‘rock star’ supermarket checkers named

Friday, 16 June 2017, 10:49 am | Foodstuffs Limited

16 June 2017 Manawatu’s ‘rock star’ supermarket checkers named Last night, 50 checkout operators from New World stores across the Manawatu region took to the tills onstage at the Palmerston North Convention Centre to compete for the chance ... More >>

While you were sleeping: Second-guessing the Fed

Friday, 16 June 2017, 10:44 am | BusinessDesk

June 16 (BusinessDesk) – Wall Street and US Treasuries retreated a day after the Federal Reserve announced an increase in interest rates as investors second-guessed the central bank’s assessment of the outlook for inflation. More >>

Upgraded Guidance Driven by Strong Livestock Performance

Friday, 16 June 2017, 10:42 am | Allied Farmers

Allied Farmers Ltd (ALF) is nearing the end of its 2017 Financial Year (FY17), and will shortly commence preparation of its Audited Financial Statements for the year ended 30 June 2017, for release to the market by the end of August 2017. More >>

Save a Day Every Week

Friday, 16 June 2017, 10:40 am | Secured Signing

June 16, 2017, Auckland, New Zealand - The value of Secured Signing's online forms and document signing is enhanced by integration into the primary work environment of RDB ProNet for Fresh Start In Education More >>

Xero Urges Agri Sector to Improve Glacial Invoicing

Friday, 16 June 2017, 10:19 am | Xero

As Fieldays is in full swing and businesses have been spending up large, Xero is urging agri businesses to proactively manage their finances. More >>

Pascall Launches Jaffa Lumps – A New Take On Two Classics

Friday, 16 June 2017, 10:03 am | Pascal Confectionery

Confectionery maker Pascall has combined two legends, Pineapple Lumps and Jaffas, to create a new, orange flavoured sensation – Jaffa Lumps. More >>

New NZ Asbestos Import Rules Are Not ‘Green’ Enough

Friday, 16 June 2017, 10:02 am | Platinum Freight Management

This month another case of asbestos suffering was reported in New Zealand, prompting Customs Broker and CEO of Platinum Freight Management Peter McRae to question if New Zealand is ‘green’ enough about asbestos, after introduction of a ‘conditional ... More >>

HiFX Morning Update, June 16 2017

Friday, 16 June 2017, 9:11 am | HiFX

The Kiwi has traded an 85 point or 1.2% range in the last 24 hours against the USD to finish 0.5% lower. More >>

Institute of Directors announces first female President

Thursday, 15 June 2017, 8:47 pm | Institute Of Directors

The Institute of Directors (IoD) has appointed Liz Coutts as its first female President, and Alan Isaac as Vice President, at its Annual General Meeting in Auckland today. More >>

NZ dollar falls from 4-month high on weak GPD

Thursday, 15 June 2017, 8:44 pm | BusinessDesk

NZ dollar falls from 4-month high on weak GPD, OECD's housing bubble concerns More >>

MARKET CLOSE: NZ shares edge up; Genesis gains on thermal

Thursday, 15 June 2017, 8:43 pm | BusinessDesk

June 15 (BusinessDesk) – New Zealand shares edged up in light trading as the lead-up up to the end of the June financial year has investors waiting on earnings updates. Genesis Energy gained as the power company's thermal assets look set to insulate ... More >>

Finance Minister Joyce says more work needed on personal tax

Thursday, 15 June 2017, 8:40 pm | BusinessDesk

June 15 (BusinessDesk) – Finance Minister Steven Joyce still has income tax in his sights where he sees more room to move on marginal rates but hasn't put a priority on company taxation which the Organisation for Economic Cooperation and Development ... More >>

Ventia awarded $266M contract with Auckland Council

Thursday, 15 June 2017, 4:53 pm | BusinessDesk

June 15 (BusinessDesk) – Australian contractor Ventia has been awarded a $266 million deal with Auckland Council to manage facilities in two of the supercity's five regions. More >>