Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Post Invests In Australian Supply Chain

13 August 2001

New Zealand Post Invests In Australian Supply Chain And Electronic Commerce Messaging Companies

New Zealand Post announced today that it had acquired a 25 per cent shareholding in Australian supply chain company Dawson Group and had provided funding for ECN to invest in Australian electronic commerce messaging companies TEDIS and PacStream.

New Zealand Post’s shareholding in ECN remains at 50 per cent.

New Zealand Post Enterprises Chief Executive, John Allen, said the investments extended New Zealand Post’s capabilities in Australia and provided additional expertise in supply chain management and electronic commerce messaging.

“Many of our major customers increasingly regard Australia and New Zealand as one market. These investments allow us to enhance our service offer to customers relocating or doing business in Australia and follow the purchase of Couriers Please in June last year.

“The investments are consistent with New Zealand Post’s strategy of becoming a leading eBusiness to meet the growing demand from our customers for electronic solutions that complement our traditional mail business.

“New Zealand Post must continue to build its electronic capabilities for these customers or risk losing their business. These investments provide us with access to innovative people and new technologies and services that we can offer to our customers.”


© Scoop Media

Business Headlines | Sci-Tech Headlines


Judicial Review: China Steel Tarrif Rethink Ordered

On 5 July 2017 the Minister determined not to impose duties on Chinese galvanised steel coil imports. NZ Steel applied for judicial review of the Minister’s decision. More>>

Debt: NZ Banks Accelerate Lending In June Quarter

New Zealand's nine major lenders boosted lending at the fastest quarterly pace in almost two years as fears over bad debts subsided. More>>


Balance Of Trade: Annual Current Account Deficit Widens To $9.5 Billion

New Zealand’s current account deficit for the year ended June 2018 widened to $9.5 billion, 3.3 percent of GDP, Stats NZ said today. More>>


Talking Up The Economy: NZD Gains On PM's Mistaken GDP Comment

Her comments were downplayed by her chief press secretary who said she was referring the government's June year financial statements and had "made a mistake." More>>