
Scoop Auckland: Oil Slick Stretches From Rena; Booms To Protect Beaches
12 Jan An oil slick four kilometres long is reported this morning to be stretching northeast of the Rena. It is likely to come ashore east of Maketu this evening.
Oil spill response teams are ready to respond to any reports of oil coming ashore today. Booms have been put in place to protect sensitive areas in Maketu, Little Waihi and Waitahanui.
Oil spill response teams will also continue to work at Mount Maunganui, Leisure Island and Matakana Island today.More>>
Scoop Business: SCF Accused Name Suppression Lapses
Name suppression for the last two people accused of committing a $1.7 billion fraud though failed lender South Canterbury Finance lapsed today. More>>
Scoop Business: Over—paying Just As Risky As Underpaying, Says Hudson
Overpaying employees is just as risky as underpaying them, according to recruitment firm Hudson’s latest report, as no organisation wants to be represented by someone driven by price. More>>
Scoop Business: Lloyd Morrison Leaves Big Shoes To Fill In NZ Leadership
With the untimely death of Wellington businessman and identity Lloyd Morrison at the age of 54, New Zealand has lost one of its singular characters, let alone business leaders. More>>
NIWA: Experts Set Sail To See How The Ocean Creates Clouds
Next week, NIWA’s research vessel Tangaroa will set sail for the Chatham Rise, for an international study of how microscopic organisms in the surface waters may affect the creation of clouds. This work is important because, “We need to understand ... More>>
New Notice: Seven Day Full Strike For Ports Of Auckland
The Maritime Union has this afternoon placed a new 7 day full strike notice on the Ports of Auckland. Strike action would start 7am on 24 February 2012. More>>
Open Letter To Minister: Potential Harm In Changes To Ethics Committee
NZ Bioethics conference participants were concerned that the changes represented a major erosion of protection of research participants and a departure from international standards. For that reason they agreed it was vital to bring our concerns to the attention of the Government and the public. More>>
Scoop Business: NZ Annual Jobs Growth ‘Broadly Positive’, Jobless Rate Falls
New Zealand’s annual jobs growth shows the economy is moving in the right direction, with the unemployment rate falling to a 21-month low on a sharp rise in the number of part-time workers. More>>
Mercury Energy is raising its prices across the country by an average of 5.8 percent, blaming the bulk of the increase on the sharp lift in charges from the national grid company, Transpower, as it invests billions of dollars upgrading its aging infrastructure. More>>
Commerce Commission: Issue Paper On High Speed Broadband Demand-Side Study
The Commerce Commission has today released the last of three issues papers relating to the uptake of high speed broadband ahead of The Future with High Speed Broadband: Opportunities for New Zealand conference to be held on 20 and 21 February 2012 in Auckland. More>>
Environment: Forest & Bird Launches Updated Best Fish Guide
Forest & Bird today launched the latest edition of its Best Fish Guide to help New Zealanders choose seafood that is sustainably fished and to ensure we can always put fresh fish on our tables. More>>
Auckland.Scoop: Stores Halving The Price Of Milk This Month
“Milk is a basic household commodity and should be available to all New Zealand consumers, not just those who can afford it,” says Nosh Director Clinton Beuvink. More>>
Scoop Business: NZ 4Q Wage Inflation Speeds In Private Sector
New Zealand wage inflation accelerated for private sector workers and slowed for public servants in the fourth quarter, leaving overall labour costs benign enough to ensure the central bank keeps interest rates low. More>>
New Creatures: Supergiant Amphipods Emerges From Ocean Depths
A recent expedition to one of the deepest places on Earth has discovered one of the most enigmatic creatures in the deep sea: the ‘supergiant’ amphipod. More>>
Scoop Business: Treasury Cuts 2013 GDP Forecast To 3%, Citing Global Outlook
The Treasury has lowered its forecast for economic growth for 2013, citing volatile and more expensive global credit markets and the likely impact on commodity prices of a weaker global economy. More>>
Wellington.Scoop: Feds Say Cameron’s Purchase Unlocks A “Titanic Opportunity”
With James Cameron stating to the Overseas Investment Office that he not only intends to make New Zealand home, but that he intends to farm the two Wairarapa properties he has purchased, Federated Farmers believes it unlocks a titanic opportunity. More>>
Scoop Business: Lombard Directors Acted With Honesty, Integrity: Defence
The directors of Lombard Finance & Investments acted with honesty and integrity, using the best information they had available to them, according to the defence counsel. More>>
Scoop Business: NZ Dollar Reaches New High v Euro, 4½-Month High v US
The New Zealand dollar rose to a new high against the euro and touched a 4 ½-month high versus the greenback as the nation’s resilient economy and relatively appealing interest rates lured investors in the face of mixed global signals. More>>
Even More Endangered: Maui's Dolphin Mortality
The Ministry of Agriculture and Forestry (MAF) believes that a dolphin reported accidentally killed by a set net off the coast of Taranaki was likely a Maui's dolphin. More>>
Air NZ: Rob Fyfe To Resign As CEO
Chairman John Palmer says Chief Executive Officer Rob Fyfe this morning confirmed this will be his last year at the helm of the national carrier. More>>
Scoop Business: NZ Building Consents Fell To Record Low In 2011
New Zealand building consents fell to a record low in 2011, underlining a slump in activity that has hurt earnings at construction firms including Fletcher Building. More>>
Scoop Business: Interest Rates On Hold
The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 2.5 percent. Reserve Bank Governor Alan Bollard said: “Since the time of the December Statement , financial market sentiment has improved slightly, with increased liquidity in European More>>>
Fonterra Unbroken: Govt Recommends More Transparent Milk
Among the measures touted is an increase in volume of what Fonterra has to make available to its competitors, and more comprehensive transparency of how the dairy exporter sets its prices. More>>
Scoop Business: Record Travel Week, Says Auckland Airport
Auckland International Airport, the nation’s largest gateway, has experienced record international travel demand for the week ended Jan. 8. More>>
Scoop Business: NZ Dollar Gains Near 3-Month High As Europe Debt Fears Ease
The New Zealand dollar rose near a three-month high as a European Union meeting of finance chiefs quelled investors’ concerns about the region’s sovereign indebtedness amid speculation policymakers will make progress towards a deal to prevent a Greek default. More>>
23/1: Kiwi To Nudge Higher This Week
he New Zealand dollar’s direction this week is likely to be dominated by talks between Greece and private creditors about a debt swap plan needed to prevent the country from default and the Reserve Bank’s official cash ...More >>
Kiwi IT Firm Optimizer HQ Lists On German Stock Exchange
Optimizer HQ, a New Zealand web design agency, has successfully begun trading on the Frankfurt Stock Exchange. Founded in 2003, the Auckland-based company listed on the Deutsche Boerse on Nov. 30 at 10 euro cents per share, and rose to 40 cents within six hours.More >>
Scoop Business: Legal Challenge Looms If Chinese Win Crafar Farms
The Overseas Investment Office faces an unprecedented public examination of its process if it approves the bid by China’s Shanghai Pengxin Corporation for the 16 farms formerly run by the Crafar family. More>>
Inflation: Prices Fall In December
The consumers price index (CPI) fell 0.3 percent. • The main downward contribution came from the food group (down 2.2 percent), reflecting lower prices for vegetables • Communication prices fell 3.5 percent, reflecting lower Internet charges and international phone calling rates. More>>
Baby Animals: LO-V Against The Odds
A young kākā chick runt at ZEALANDIA - once presumed so close to death his nest-minders had a body bag ready for him - has delighted conservationists at the ecosanctuary by hanging on to life - with some sisterly help from his nestmates! More>>
Scoop Business:
Kiwibank Buys Gareth Morgan Investments
State-owned lender Kiwibank has extended its mark in the funds management business with the acquisition of high profile KiwiSaver funds manager, Gareth Morgan Investments. More>>
Funds And Games: Harbour Asset Lobs Bomb At Fund Managers’ Performance Fees
Harbour Asset Management has thrown a grenade into the murky world of managed funds’ performance fee structures, saying New Zealand funds managers seriously lag behind best practice and need to lift their game. More>>
Conservation: Kakapo Found Dead
The death of a male kakapo on Whenua Hou/Codfish Island has brought disappointment to the Kakapo Recovery team, as it faces a year without any breeding. More>>
Rena Cleanup: Focus On Wildlife Needed
No effort should be spared to clean up the oil and debris from the Rena as the toll on wildlife continues to rise, Forest & Bird said Tuesday. More>>
