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Latest Business Headlines

BNZ Branch Operating In Alert Levels 1 And 2

Friday, 5 March 2021, 5:59 pm | BNZ

With Auckland returning to COVID-19 Alert Level 2 and the rest of the country to Alert Level 1 from 6:00am Sunday 7 March, the way BNZ branches and Partners Centres are operating will be changing. Auckland All Auckland branches, except for Commercial ... More >>

Another Week Of Pain For Business - But It Will Get Better

Friday, 5 March 2021, 5:53 pm | Auckland Business Chamber

The shift down to Level 2 for Auckland at 6am on Sunday is an acceptable staging post though with five straight days of no new community cases the preference is to join the rest of the country at Level 1 at the same time, says Auckland Business ... More >>

Black Petrel Captures Reported

Friday, 5 March 2021, 4:10 pm | Seafood New Zealand

A small family fishing company has self-reported the capture of 18 endangered black petrels and two flesh-footed shearwaters over a six-day period in the past week. Each time a capture occurred, the vessel moved its fishing over 30 kilometres in ... More >>

Commission Seeks Feedback On Due Diligence Guidance

Friday, 5 March 2021, 3:26 pm | Commerce Commission

The Commerce Commission is seeking feedback on draft guidance for directors and senior managers of consumer credit providers and mobile traders on how to comply with the due diligence duty. From 1 October 2021 directors and senior managers of ... More >>

My Food Bag Plates Up With Legal Experts At Chapman Tripp

Friday, 5 March 2021, 2:56 pm | Chapman Tripp

Today marks a significant milestone for New Zealand well-known brand, My Food Bag , as it lists on the NZX Main Board and ASX following a successful initial public offering (IPO). Today marks a significant milestone for New Zealand well-known brand, ... More >>

New Zealand Transport Sector Collaboration Creates Significant Savings And Efficiency

Friday, 5 March 2021, 2:49 pm | Company-X

HAMILTON, NEW ZEALAND: Collaboration in the transport sector is making value for money sustainable – the goal for funders and the community. <img src="https://img.scoop.co.nz/stories/images/2103/3208b8af12250a88af6d.jpeg" width="480" height="720"> Malcolm Alexander A series of ... More >>

Cyber-attacks On Education Providers: What You Should Know

Friday, 5 March 2021, 2:21 pm | Beneficial Insurance Limited

With the rise of remote learning during the COVID-19 pandemic, we are seeing an increase in cyber-attacks. These are resulting in a loss of data, public information exposure and disruptions to businesses. However, teachers and education providers ... More >>

Aotearoa Wāhine Can Manage Debt

Friday, 5 March 2021, 1:20 pm | Debtfix

International Women's Day 8 March 2021 #ChooseToChallenge Debtfix challenges the people of Aotearoa to empower our wāhine with financial capability that stops them from accruing problem debt and enables them to successfully manage money. The crew ... More >>

PriceSpy Data Reveals Popularity Of Gaming Consoles And Graphics Cards Soar, Despite Global Shortage

Friday, 5 March 2021, 1:06 pm | PriceSpy

Key insights: According to PriceSpy , consumer buying interest for gaming products, such as the PS5 and graphics cards has skyrocketed this year*; Even though consumer buying interest has increased, PriceSpy warns Kiwi shoppers could struggle to find ... More >>

December 2020 Quarter Gross Domestic Product And COVID-19

Friday, 5 March 2021, 12:06 pm | Statistics New Zealand

This paper provides technical users with information about our approach to measuring COVID-19 in the forthcoming release of Gross domestic product: December 2020 quarter (scheduled for 18 March 2021). The paper follows earlier method papers that describe ... More >>

Satellite Township Industrial Land With Development Potential Placed On The Market For Sale

Friday, 5 March 2021, 11:09 am | Bayleys

A substantial block of undeveloped industrial land in one of Hamilton’s fast-growing satellite townships has been placed on the market for sale. <img src="https://img.scoop.co.nz/stories/images/2103/74f30088d86cf99450c2.jpeg" width="720" height="404"> The greenfield 1.6-hectare (subject ... More >>

Large Lifestyle Block For Sale Offers Best Of Both Worlds At Urban/rural Verge

Friday, 5 March 2021, 11:04 am | Bayleys

A large home on an expansive lifestyle block for sale right on Manukau City’s residential boundary is being hailed for offering the best of both worlds for owner-occupiers or investors. <img src="https://img.scoop.co.nz/stories/images/2103/7e0b40767e1352a2dc15.jpeg" ... More >>

Research Reveals Big Difference Between How Employees And IT Decision Makers View Cyber Security

Friday, 5 March 2021, 10:55 am | Kordia

The ‘human factor’ has long been a weak link when it comes to cyber security. Businesses can have the best protection available, but if a staff member unknowingly lets a cybercriminal into the system then it won’t matter. Independent research ... More >>

Increased Supply Pressures Reported For Home Building Projects In Auckland

Friday, 5 March 2021, 10:50 am | Statistics New Zealand

Respondents were asked about their perceptions of COVID-19’s impact on building projects in the December 2020 quarter, Stats NZ said today. About 6 out of 10 respondents from home building projects in Auckland reported an impact on the availability of ... More >>

Suncorp New Zealand Receives DVFREE Tick

Friday, 5 March 2021, 10:35 am | Suncorp

This week Suncorp New Zealand received the DVFREE Tick, joining a network of employers with a strong commitment to a workplace free from domestic violence. Shine is one of Suncorp New Zealand‘s community partners and provides specialist services that ... More >>

Cost Of Living And Housing Among Major Concerns For Kiwis

Friday, 5 March 2021, 10:19 am | Sustainable Business Council

New research reveals New Zealanders are anxious about the cost of living and housing availability in the wake of the Covid-19 pandemic. Colmar Brunton’s Better Futures report released today in conjunction with the Sustainable Business Council (SBC) ... More >>

WoF Failure Rate In Waikato Reaches Record High

Friday, 5 March 2021, 10:08 am | Motor Trade Association

  The Motor Trade Association says Warrant of Fitness failures in the Waikato region have reached an alarming level. “In February half of the cars presented for a Warrant of Fitness test in the Waikato failed their initial check,” says ... More >>

International Women’s Day 2021: How Kiwi Women Fare Financially

Friday, 5 March 2021, 9:28 am | Finder

In light of International Women’s Day this Monday, Finder has compiled some research and stats around women and their financial position. Our research covers key areas including investing, KiwiSaver, property ownership and personal finance. Our global ... More >>

Gold Access, Without The Price Tag; Vodafone Gold Plan Offers Great Value For Home Connectivity

Friday, 5 March 2021, 9:15 am | Vodafone

Economical home connectivity packages of internet nuggets are now available on Vodafone’s fast and reliable mobile network, including a 4G Broadband home wireless connection with 60GB of data and a phone line for just $40 a month - dropping to $30 a month ... More >>

Fonterra Lifts Its 2020/21 Forecast Farmgate Milk Price Range

Friday, 5 March 2021, 8:58 am | Fonterra

Fonterra Co-operative Group Limited today lifted its 2020/21 forecast Farmgate Milk Price range to NZD $7.30 - $7.90 per kgMS, up from NZD $6.90 - $7.50 per kgMS. The midpoint of the range, which farmers are paid off, has increased to NZD $7.60 per ... More >>

Kiwi Startup Quashed Raises Funds To Put Consumers At The Centre Of Insurance

Friday, 5 March 2021, 7:31 am | Quashed

Tech startup Quashed, which helps New Zealanders stay on top of their insurance with its free eponymous online platform, has raised $600,000 in an oversubscribed pre-seed funding round led by Icehouse Ventures, with support from private investors. ... More >>

Book Release: Women & Money - Mastering The Struggle

Thursday, 4 March 2021, 5:30 pm | NZ Women

Janet Xuccoa’s latest book is for all women wanting to take control of their finances, become financially independent, and adopt a whole-life approach to money and wealth.  A successful professional in law and accounting, Janet shares financial insights ... More >>

Medical Kiwi To List On NZSX

Thursday, 4 March 2021, 5:02 pm | Medical Kiwi

Medical Kiwi Ltd today announced its intention to list on the NZX Main Board (NZSX). The South Island-based medicinal cannabis company is working towards a listing date late this month, subject to final NZX approval. Medical Kiwi Chairman Aldo Miccio ... More >>

Launch Of Digital Week 2021: Northeast Asia April Virtual Conference

Thursday, 4 March 2021, 4:31 pm | ACN Newswire

Digital Week is back! Join W.Media this April 20-22 as we explore the Cloud and Datacenter ecosystems of Korea, Japan, Mainland China, Hong Kong, and Taiwan. Our Digital Week virtual conference series is returning to cover 5 new markets! We're ... More >>

Climate Change Report: More Needed To Tackle Our Make-Take-Waste Culture

Thursday, 4 March 2021, 4:30 pm | NSPR

COMMENTS BY Pablo Kraus from ecostore; Nada Piatek from Again Again; Florence van Dyke from Chia Sisters; Mike Murphy from Kōkako; and Rich Old from Batchwell. A collective of New Zealand business leaders has praised the Climate Change Commission ... More >>

Group Ten Drills High-Grade Nickel Sulphide At The Stillwater West Project In Montana, USA

Thursday, 4 March 2021, 4:24 pm | ACN Newswire

Group Ten Metals Inc. (TSX.V: PGE; US OTC: PGEZF; FSE: 5D32) (the "Company" or "Group Ten") is pleased to announce results from the 2020 drill campaign at the Chrome Mountain target area of the Company's flagship Stillwater West Platinum ... More >>

Rolling Restrictions Highlight Precarious Business Positions

Thursday, 4 March 2021, 3:09 pm | EMA

The recent series of alert level restrictions have shown just how close to the edge many businesses are being forced to operate with increasing numbers facing ever harder decisions. EMA Chief Executive Brett O’Riley says yesterday’s highlighted increases ... More >>

Largest-ever Kiwifruit Harvest Begins

Thursday, 4 March 2021, 2:21 pm | New Zealand Kiwifruit Growers

  First of 2021’s kiwifruit crop picked in Gisborne 2021 expected to overtake last year’s record of 157 million trays Kiwis encouraged to get involved in kiwifruit harvest New Zealand’s 2021 kiwifruit harvest has kicked off with the ... More >>

Seven New Zealand Projects Shortlisted In IDC's Asia Pacific Smart Cities Awards

Thursday, 4 March 2021, 1:31 pm | IDC

AUCKLAND, New Zealand, March 4, 2021 – IDC Asia Pacific today announced that seven New Zealand projects have been shortlisted as finalists in the 2020 IDC Asia Pacific Smart Cities Awards (SCAPA). The annual awards highlight and acknowledge outstanding ... More >>

Macquarie Telecom Signs Exclusive Mobile Deal With Optus

Thursday, 4 March 2021, 1:07 pm | Macquarie Telecom

Macquarie Telecom (part of Macquarie Telecom Group ASX: MAQ) has signed a A$34 million exclusive agreement with Optus to deploy mobile services, including 5G, in Australia. The deal combines Macquarie’s Net Promoter Score (NPS) proven customer service ... More >>

Spark Foundation Supports New Children’s Book Aimed At Encouraging Screen Time Balance

Thursday, 4 March 2021, 11:58 am | Spark Foundation

A new children’s book has been released which hopes to encourage young children to spend less time staring at screens and more time connecting with friends and whanau in person. Available in English and Samoan, ‘Lemalie and Sakalia’s School Holiday’ ... More >>

EPA Halves Emissions In Two Years

Thursday, 4 March 2021, 11:45 am | Environmental Protection Authority

The latest Toitū carbonreduce annual audit of the Environmental Protection Authority (EPA) shows it has reduced its emissions by 49% on the previous year’s audit. This is also 54% lower than the baseline set in 2017/18, the first year the EPA was certified ... More >>

Living Wage For Crowne Plaza Auckland MIQ Workers

Thursday, 4 March 2021, 11:38 am | New Zealand Nurses Organisation

MEDIA RELEASE SUPPORTING UNITE UNION Unite congratulates Crowne Plaza Auckland, currently an MIQ facility, for making the move to paying their workers the living wage. The welcome increase will provide some relief to workers who are normally paid ... More >>

Aged Care Provider Bolton Clarke Lays Data Foundation For IoT-assisted Services With Boomi

Thursday, 4 March 2021, 11:26 am | Dell Boomi

Data visibility helps not-for-profit improve resource and care allocations, with connected devices boosting customer experiences Boomi, a Dell Technologies business, today announced that Bolton Clarke has leveraged the Boomi integration platform to ... More >>

Insurance Solvency Standards Refined By Feedback

Thursday, 4 March 2021, 11:06 am | Reserve Bank

The Reserve Bank of New Zealand – Te Pūtea Matua has released its decisions in response to submissions received on the Insurance Solvency Standards Principles and Timeline consultation launched late last year. The Reserve Bank commenced the Insurance ... More >>

Auckland Quieter But House Buyers Still Abuzz Under Level 3

Thursday, 4 March 2021, 10:59 am | Century 21 Real Estate

“Auckland’s an old hand at lockdown now with buyers, sellers and agents better equipped with Zoom and familiar with the restrictions. More people with more time also provides unique opportunities,” says Derryn Mayne, Owner of Century 21 New ... More >>

Consumer NZ: Your Rights To Refunds For Cancelled Events

Thursday, 4 March 2021, 9:59 am | Consumer NZ

With Auckland at level 3 and the rest of the country at level 2, some consumers may have tickets to concerts and other events that have now been cancelled. "Covid-19 has created uncertainty about events. Where shows need to be cancelled or postponed ... More >>

Some Policy Lessons From A Year Of COVID-19

Thursday, 4 March 2021, 9:39 am | Reserve Bank

The Reserve Bank of New Zealand – Te Pūtea Matua was in a sound position to continue to meet its mandate in the face of the COVID-19 induced economic shock. However, we must continue to transform so as to remain relevant and effective in addressing ... More >>

Four Out Of Five New Zealanders Have Subscription Services

Thursday, 4 March 2021, 8:40 am | Medianet

International research has shown that New Zealand remains in front of global trends when it comes to subscriptions, with four out of every five New Zealanders subscribing to at least one service. Commissioned by leading cloud-based subscription management ... More >>

Surveys Launched To Help Suppliers And Consumers Inform Grocery Market Study

Thursday, 4 March 2021, 8:38 am | Commerce Commission

The Commerce Commission is calling on suppliers of grocery stores and consumers to take part in online surveys to help inform its market study into the grocery sector. The year-long study looks at whether competition in the grocery sector is working ... More >>

How Are Policymakers Dealing With Red-Hot Property Bubble?

Thursday, 4 March 2021, 6:51 am | Kalkine

Summary The government and the Reserve Bank are leaving no stone unturned to calm the overheating housing market fuelled by record-high property prices. The policymakers are adopting various methods to tackle the housing crisis, like adding housing to ... More >>

Getting Rid Of Problematic Plastic Packaging – New Guidelines For Business

Thursday, 4 March 2021, 6:48 am | Sustainable Business Network

The plastic waste landscape is rapidly changing. Businesses are finding it difficult to navigate and are looking for the right advice on packaging. New plastic packaging guidance is released today that outlines the pathway ahead for businesses. Major ... More >>

DENSO, KDDI Research 5G's Use In Automated Driving To Achieve Safe And Secure Mobility

Wednesday, 3 March 2021, 4:55 pm | JCN Newswire

DENSO Corporation and KDDI Corporation have begun researching 5G's use in automated driving to achieve safe and secure mobility, free from traffic accidents and congestion. In the verification project, DENSO and KDDI will build a 5G environment in a test ... More >>

Small NZ Brand Yes Organics Wins Big At Top International Beauty Awards

Wednesday, 3 March 2021, 4:47 pm | Yes Organics

Yes Organics has done it again, WINNING the Best Lip Balm Award at The Beauty Shortlist Awards 2021, where they have been awarded for the third consecutive year. This is a huge feat for such a small and boutique New Zealand brand, which started just three ... More >>

We All Have A Role

Wednesday, 3 March 2021, 4:30 pm | Auckland Business Chamber

It’s pleasing to have other leaders of business put their hands up to say they want to play their role in economic recovery. The priority for small and medium businesses right now is to know the conditions that will let Auckland and the country move down ... More >>

Vbase Media Statement Wednesday 3 March 2021

Wednesday, 3 March 2021, 4:04 pm | Christchurch City Council

Christchurch City Council owned venues and events company Vbase Limited, with the support and endorsement of their Shareholder, today announced a change in name to Venues Ōtautahi. Vbase Chief Executive Caroline Harvie-Teare says “Vbase is driven ... More >>

Dicey Terms And Conditions Leave Some Candlelight Concertgoers In The Dark

Wednesday, 3 March 2021, 3:03 pm | Consumer

Consumer NZ urges New Zealanders to think twice before purchasing tickets from event promoter Feverup.com – with terms and conditions stating that tickets are non-refundable, even if there is a date change or cancellation. This was news to Liz Willmott, who ... More >>

Importing Natural Gas From Australia Another Step Closer

Wednesday, 3 March 2021, 3:00 pm | PEPANZ

A new investigation into how imported LNG might be needed to keep the lights on is disappointing but unsurprising, according to the Petroleum Exploration and Production Association of New Zealand (PEPANZ). The Gas Industry Company (GIC) has requested ... More >>

Could The Next Emirates Team New Zealand Boat Be Made Entirely Of Hemp?

Wednesday, 3 March 2021, 2:43 pm | New Zealand Hemp Industries Association Inc

With The America’s Cup due to start in a few days’ time, innovators from a very different sphere have been wondering how long it could be before New Zealand could be competing in a boat entirely built from hemp, with the crew eating high-energy, ... More >>

Dominick Stephens Seconded To NZ Treasury Role

Wednesday, 3 March 2021, 2:22 pm | Westpac

Westpac NZ Chief Economist Dominick Stephens will take up a ten-month secondment later this month as the New Zealand Treasury’s Deputy Secretary, Chief Economic Advisor. At Treasury, Mr Stephens will take on the Chief Economic Advisor’s responsibilities ... More >>

New Zealand Being Left Behind As Countries Invest In Manufacturing

Wednesday, 3 March 2021, 2:13 pm | Wood Processors and Manufacturers Association

New Zealand manufacturers are being left behind as other countries build up support for their manufacturing industries through COVID-19 and beyond, says the New Zealand Wood Processors and Manufacturers Association (WPMA). A new report released today ... More >>

LINZ Seeks Feedback On New Fees For Survey And Title Services

Wednesday, 3 March 2021, 2:05 pm | Land Information New Zealand

Land Information New Zealand (LINZ) is calling for submissions on proposed new fees for survey and title services offered through the Landonline system. The fees recover costs for survey and title services and ensure LINZ can maintain and improve services ... More >>

Change The Game With The New Puma Ultra

Wednesday, 3 March 2021, 2:01 pm | Puma

Auckland, New Zealand –March, 2021 - PUMA has launched the GAME. ON. edition of the uncatchable ULTRA 1.2 football boot worn by local sports stars Patrick Tuipulotu, Jason Taumalolo and Akira Ioane. Take the ball and takeover the game. Every trainingsession, ... More >>

Revamped 2021 Diversity Awards NZ™ Open For Entries

Wednesday, 3 March 2021, 1:57 pm | Diversity Works

Significant changes to the Diversity Awards NZ™ for 2021 recognise the increasing maturity in workplace diversity and inclusion programmes in Aotearoa. Entries are now open for this year’s awards and Diversity Works New Zealand Chief Executive ... More >>

Early Learning Wage Subsidy Applications Fall Off A Cliff

Wednesday, 3 March 2021, 1:53 pm | Early Childhood Council

The number of Wage Subsidy applications by early learning providers has dramatically declined since the first lockdown according to an Early Childhood Council survey. While 90% of providers surveyed applied for the subsidy in June 2020, that falls ... More >>

World First Combination Spot-on Technology For Sheep

Wednesday, 3 March 2021, 1:35 pm | Donaghys

The average sheep farmer is 58 years old, and there’s nothing glamorous about the labor-intensive practice of drenching sheep. But a new development from Donaghys Dunedin based scientists of a ‘spot-on’ product, Scorpius Elite, saves immense ... More >>

Could The Next Emirates Team New Zealand Boat Be Made Entirely Of Hemp?

Wednesday, 3 March 2021, 1:08 pm | New Zealand Hemp Industries Association Inc

With The America’s Cup due to start in a few days’ time, innovators from a very different sphere have been wondering how long it could be before New Zealand could be competing in a boat entirely built from hemp, with the crew eating high-energy, ... More >>

Wage Subsidy Returns

Wednesday, 3 March 2021, 12:38 pm | BusinessNZ

BusinessNZ has welcomed the announcement that the Wage Subsidy will be available nationwide from this week. Chief Executive Kirk Hope said the extension of the Wage Subsidy recognised the loss of revenue experienced by businesses in other parts of ... More >>

BMW Announces The Return Of M Town: Where Too Much Is Just Right

Wednesday, 3 March 2021, 12:38 pm | BMW Group NZ

Auckland, New Zealand: BMW M Town is the city of dreams for car enthusiasts and fans of high performance, where too much, is just right; a global phenomenon that has achieved a loyal following thanks to a multi-course helping of sheer driving ... More >>

TransferWise Changes Name To Wise After 10 Years

Wednesday, 3 March 2021, 12:25 pm | TransferWise

TransferWise, the global technology company building the best way to move money around the world, has today announced it has changed its name to Wise. Ten years after it first launched in the UK (2016 in New Zealand), the company has expanded ... More >>