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Latest Business Headlines

Flexi-wage Extension Would Boost Business

Saturday, 8 August 2020, 3:00 pm | Business NZ

The Labour Party’s proposed support package to assist businesses in hiring at least 40,000 New Zealanders impacted by Covid-19 is welcomed by BusinessNZ. The Party today announced it would provide targeted support to people receiving a benefit or ... More >>

Global Construction Activity Contracts As COVID-19 Stalls 25% Of Projects And Cost Pressures Rise

Saturday, 8 August 2020, 2:58 pm | RICS

RICS Global Construction Monitor, Q2 2020 Construction activity contracts across all regions in Q2 amid lockdown and impact of social distancing measures 25% of projects were halted in the second quarter, and on-site productivity is predicted to fall ... More >>

Shoe-in For ‘Rookie Of The Year’ Sells Large Property In Days

Saturday, 8 August 2020, 2:37 pm | Century 21

A new Albany real estate agent, who listed and sold a multi-million-dollar property in his first few days, is proof great prices and quick sales can still be achieved in the current real estate market, according to one New Zealand real estate boss. ... More >>

China, Russia, Japan, USA And India Are Top 5 Countries For Most Domestic Flights

Saturday, 8 August 2020, 7:23 am | Cirium

Latest tracking data highlights the extent to which the recovery of international passenger markets is being suppressed by cross-border travel restrictions and quarantine requirements, coupled with the economic impacts of the Covid-19 pandemic. Global ... More >>

iD International Emerging Designer Awards Results

Saturday, 8 August 2020, 5:42 am | iD International Emerging Designer Awards

For the first time in the 16 year history of the iD International Emerging Design Awards, the awards winners were named at a show they were unable to attend. At a glittering event at Otago Polytechnic, the film showcasing the 32 finalists in this ... More >>

REINZ Takes Leadership Position On Performance & Wellbeing With Launch Of New Programme

Saturday, 8 August 2020, 5:28 am | REINZ

The Real Estate Institute of New Zealand (REINZ) has taken a leadership position in the real estate profession following the effects of COVID-19 and today announced the launch of a new performance and wellbeing programme. This announcement follows ... More >>

Spat Hatchery Business In The Wings For The Eastern Bay Of Plenty

Saturday, 8 August 2020, 5:20 am | Te Whanau-a-Apanui

Te Whānau-ā-Apanui and Aotearoa Mussel Limited have joined forces to build a land-based mussel spat hatchery in the Eastern Bay of Plenty, to enhance New Zealand’s growing aquaculture industry. Te Whānau-ā-Apanui will invest $1.2million in a research ... More >>

First Stepping Stone To Commercial Medical Cannabis Cultivation In Canterbury

Friday, 7 August 2020, 5:40 pm | Greenlab

Greenlab is one step closer to producing high quality New Zealand grown medicinal cannabis. New Zealand’s Ministry of Health has approved Greenlab’s application to build a state-of-the-art cultivation facility close to Lincoln, Christchurch. ... More >>

Westpac Auckland Business Awards - Best Of The Best | Unleashed Software Perseverance Wins Top Award

Friday, 7 August 2020, 5:34 pm | Auckland Business Chamber

Unleashed Software’s 10-year journey with the Westpac Auckland Business Awards was rewarded with the ultimate recognition last night when they won the Supreme Business Excellence Award at the Best of the Best Gala Dinner. BotB Supreme Winner: Unleashed ... More >>

Barfoot & Thompson Team Share Favourite Lockdown Recipes To Support Starship

Friday, 7 August 2020, 4:29 pm | Barfoot and Thompson

Barfoot & Thompson has come up with a tasty and topical new way to add to its longstanding support of Starship, New Zealand’s national children’s hospital, with the launch of its own lockdown-inspired cookbook. Featuring over 115 recipes ... More >>

Wellington Builder Sentenced For Black Market Purchase Of Seafood

Friday, 7 August 2020, 4:11 pm | Ministry of Primary Industries

A Wellington builder has been sentenced for knowingly purchasing poached seafood valued at more than $23,000 on the black market. Hanhui Wu (35) appeared in the Wellington District Court today (20/8/20) for sentencing on 46 fisheries charges related to ... More >>

The Real Reason For Changes To The RTA

Friday, 7 August 2020, 3:48 pm | NZ Property Investors Federation

Marama Davidson has revealed the real reason for changes to the Residential Tenancies Act. In a speech during the debate on the Bill in Parliament this week, she said the Bill “will incentivise property owners to move out of owning property for rental ... More >>

Financial Markets (Conduct Of Institutions) Amendment Bill Back From Select Committee

Friday, 7 August 2020, 3:05 pm | Financial Advice New Zealand

Financial Advice New Zealand is pleased some of the changes they recommended were amended during the Select Committee process but noted there is room to debate outstanding issues in the House. Chief Executive Katrina Shanks says they are supportive of the ... More >>

TripAdvisor Best of the Best Awards

Friday, 7 August 2020, 2:43 pm | Bed and Breakfast Association NZ

TripAdvisor have released their "Best of the Best" Travellers Choice Awards and New Zealand bed and breakfast properties are coming up trumps!!! More >>

Policy Announcements Could Influence Property Sector Activity

Friday, 7 August 2020, 2:20 pm | Colliers International

The 2020 general election could have a major influence on property sector sales activity if government policy announcements indicate a move towards any ‘restrictive’ legislation, according to a new analysis of election impacts over the past two decades. ... More >>

Utilities Disputes Releases Annual Report: Access To Free & Independent Resolution Services Vital

Friday, 7 August 2020, 1:17 pm | Utilities Disputes

7,815 people contacted Utilities Disputes last year with concerns or complaints about electricity, gas, water, or broadband installation on shared property. The Utilities Disputes Annual Report, released yesterday, highlights a 17% increase in ... More >>

New Govt Must Have The Vision To Revitalise Tourism

Friday, 7 August 2020, 12:55 pm | Tourism Industry Aotearoa

The incoming Government must have the vision to take bold decisions to fix issues that have long prevented tourism from delivering maximum benefit to New Zealanders, Tourism Industry Aotearoa says. “Our industry has suffered an enormously painful ... More >>

Free Financial Advice As Kiwis Take Greater Interest In Finances

Friday, 7 August 2020, 12:40 pm | Financial Markets Authority

The Financial Markets Authority (FMA) has partnered with Financial Advice New Zealand to make free and generic financial advice available in Hamilton, as New Zealanders take a greater interest in their finances and investments due to the impact of COVID-19. ... More >>

Advanced Security Acquires South Island Security Integrator

Friday, 7 August 2020, 12:29 pm | Advanced Security Group

Advanced Security Group ( www.asgl.co.nz ) continues its growth both organically and through acquisitions, the business announcing it has acquired South Island electronic security integrator, V.I.P Security. This latest acquisition takes our total offices ... More >>

Arable Farmers Pleased With 2020 Harvest Yields

Friday, 7 August 2020, 11:28 am | Federated Farmers

Final harvest data for wheat, barley and oats (milling/malting and feed) in 2020 show yields were up 17% overall across the six crops. The July AIMI (Arable Industry Marketing Initiative) Survey report shows these results were from a reduced number ... More >>

Unisys Delivers New Payment Capability Through Partnership With PayCargo

Friday, 7 August 2020, 10:24 am | Unisys

Unisys Corporation (NYSE: UIS) today announced the development of a new secure payment platform based on Unisys Digistics™ air cargo software. The new platform enables cargo providers to move cargo faster and reduce payment costs while providing more ... More >>

Pre-sale Excitement Builds As 5G Device Range Expands

Friday, 7 August 2020, 9:52 am | Vodafone

Vodafone launches pre-sale offers for Samsung’s latest smartphone Vodafone New Zealand is excited to offer the latest arrival in 5G-capable devices, unveiled at Samsung’s Galaxy Unpacked virtual event in Korea at 2am (NZT), Thursday 6 August. ... More >>

Further Contract Win Strengthens Scott Technology’s Position In Mining Sector

Friday, 7 August 2020, 9:31 am | Scott Technology

Automation and robotics solutions provider, Scott Technology (NZX: SCT), has been awarded a further multi-million dollar contract by Rio Tinto to provide and commission the equipment for a new sample preparation and analysis laboratory at the Robe Valley ... More >>

2020 Housing Market Stocktake

Friday, 7 August 2020, 8:47 am | Kiwibank

2020 Housing Market Stocktake: Covid-19 price dip may not be so sharp, as chronic shortage lingers. More >>

A Dynamic And Fresh Look For Chapman Tripp

Friday, 7 August 2020, 7:59 am | Chapman Tripp

Today is a significant milestone for Chapman Tripp as the firm unveils its dynamic and refreshed look – a modernised visual identity that better reflects the firm’s vision, strategy and people. Clients & Markets Director, Kate Packer says, ... More >>

2020 Property Insights: The Covid Correction May Cure, As The Chronic Shortage Continues

Friday, 7 August 2020, 7:56 am | Kiwibank

We now expect a shallower correction in house prices of 6%, down from 9%. With short supply persisting, our projected house price falls should meet strong resistance. The regions have fared far better than expected. Covid lockdowns barely affected ... More >>

Validity Of Medical Certificates

Friday, 7 August 2020, 6:05 am | Employers.co.nz

As per the Business NZ Workplace Wellness Report 2019, New Zealand lost around 7.4 million working days due to absences in 2018. Time lost to absence averaged 4.7 days per employee, and it's estimated to cost the economy $NZD 1.79 billion. These figures ... More >>

OceanaGold Announces Receipt Of WKP Mining Permit

Friday, 7 August 2020, 5:12 am | OceanaGold

MELBOURNE, Australia, Aug. 6, 2020 /CNW/ - OceanaGold Corporation (TSX: OGC) (ASX: OGC) (the "Company") is pleased to announce it has received the mining permit for Wharekirauponga ("WKP") on the North Island of New Zealand. ... More >>

Hotel Market Makes Surprising Recovery

Thursday, 6 August 2020, 8:33 pm | Property and Build

New Zealand’s hotel market has shown a surprisingly strong rebound since the domestic travel restrictions lifted in June, with demand being driven by tourism, business and mandatory isolation, Colliers reports Colliers International’s latest New Zealand ... More >>

Affco Fined $46,000 For Failing To Control Risks

Thursday, 6 August 2020, 8:29 pm | Industrial Safety News

Simply identifying health and safety risks is not enough, the New Zealand meat company has learned after a worker suffered a life-threatening infection following an incident at the company’s plant in Imlay In June 2015 a worker was cleaning up an offal ... More >>

Should Mortgage Holidays Be Extended?

Thursday, 6 August 2020, 8:19 pm | Property and Build

New Zealand real estate is facing a triple whammy in September which will be detrimental to house prices and industry activity unless the Government steps in, argues Century 21 New Zealand Owner Derryn Mayne The real estate leader says with the general election ... More >>

Entries Open For 2020 New Zealand Ice Cream Awards

Thursday, 6 August 2020, 5:04 pm | NZ Ice Cream Awards

Entries are open for the 2020 New Zealand Ice Cream Awards at a new website www.nzicecreamawards.co.nz . The Awards, owned and run by the NZ Ice Cream Manufacturers Association, have been held since 1997 and are in their 23rd year. It is New Zealand’s only national ice ... More >>

Red Meat Exports Record Seven Per Cent Increase Year On Year

Thursday, 6 August 2020, 3:38 pm | Meat Industry Association

New Zealand’s red meat sector exported $9.4 billion of sheepmeat, beef and co-products for the year ending June 2020, according to the latest analysis by the Meat Industry Association (MIA). Despite the disruptions caused by the COVID-19 pandemic, the sector ... More >>

Restructures Giving Agile A Bad Name

Thursday, 6 August 2020, 3:22 pm | SoftEd

Martyn Jones, Managing Director SoftEd Last month The Warehouse Group announced that up to 1000 people could be losing their jobs because of a restructure that Chief Executive Officer, Nick Grayston says was accelerated by Covid-19. Grayston told ... More >>

New Zealand’s $6 Billion Produce Industry Aligning And Improving Its Traceability Systems

Thursday, 6 August 2020, 1:28 pm | United Fresh

A consultation document seeking the input of New Zealand’s fresh produce industry has been released this month as part of a significant project to assess and improve traceability within the industry. With the New Zealand produce industry worth over ... More >>

New Vaping Legislation Sees Largest Vaping Retailer Announce Rapid Expansion

Thursday, 6 August 2020, 1:15 pm | Shosha

The passing of new vaping legislation overnight will see the country’s largest retailer of e-cigarettes launch a rapid expansion programme throughout New Zealand. Nabhik Gupta, spokesperson for NZ owned Shosha, says confirmation of the passing ... More >>

International Holiday Alternatives, South Australia In High Demand

Thursday, 6 August 2020, 12:33 pm | South Australian Tourism Commission

Global border closures meant many Kiwis have cancelled long anticipated travel plans, but that doesn’t mean an unforgettable holiday is off the cards. With a potential travel bubble with our Aussie neighbours on the horizon, Kiwis are looking across ... More >>

New Zealand Pathology Business To Be Acquired By NZ Super And Ontario Teachers' Pension Plan

Thursday, 6 August 2020, 11:49 am | Minter Ellison Rudd Watts

Healthscope has agreed to the sale of its New Zealand pathology business, Asia Pacific Healthcare Group (APHG), to New Zealand Superannuation Fund and the Canadian Ontario Teachers' Pension Plan (OTPP), each taking a 50 per cent share. The sale is valued ... More >>

AA Insurance To Provide Over $19m In Rebates To Motor Insurance Customers

Thursday, 6 August 2020, 11:35 am | AA Insurance

AA Insurance has begun issuing $19.5 million in rebates to customers because of the reduced likelihood of motor insurance claims during the COVID-19 lockdown period. The premium rebates were announced in April. Every eligible customer will be refunded ... More >>

Spacebar Design helps new Albany eatery

Thursday, 6 August 2020, 11:05 am | Spacebar Design

Spacebar Design launched just the week before the COVID-19 lockdown, but the hospitality design firm was determined not to let it be a setback in its drive to help New Zealand businesses share their unique stories, sometimes on a limited budget. More >>

Air New Zealand RNP Makes Queenstown ATR Flights More Reliable

Thursday, 6 August 2020, 10:47 am | Air New Zealand

Air New Zealand’s ATR turboprop flights into and out of Queenstown are set to benefit from Required Navigation Performance (RNP AR) technology. In 2016, the airline entered into a partnership with aircraft manufacturer ATR to equip its 68-seat turboprop ... More >>

Rimini Street Further Speeds Software Issue Resolution With Shortened Guaranteed Response Times

Thursday, 6 August 2020, 10:34 am | Rimini Street

LAS VEGAS, August 5, 2020 – Rimini Street, Inc. (Nasdaq: RMNI), a global provider of business software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today announced that ... More >>

RELX Technology Awarded The Red Dot Award

Thursday, 6 August 2020, 10:29 am | RELX

RELX Technology, Asia’s leading vape brand, has been awarded the Red Dot Award: Product Design 2020 for its latest device, RELX Infinity. The Red Dot Award is only awarded to products that feature truly exceptional design. The Red Dot Award: Product ... More >>

REINZ Warns Unintended Consequences Are Likely To Arise Now RTA Bill Has Passed

Thursday, 6 August 2020, 10:04 am | REINZ

Following the passing of the Residential Tenancies Amendment (RTA) Bill 2020 in the House last night, the Real Estate Institute of New Zealand (REINZ) is warning that some of the changes are likely to have unintended consequences and actually ... More >>

Retail Confidence Improves, But Real Challenges for Some

Thursday, 6 August 2020, 9:31 am | Retail NZ

Retailer confidence remained positive in July, building on the strong rebound recorded in June after lockdown was lifted. 75 per cent of retailers responding to a new Retail Radar survey reported feeling confident or very confident that their business will ... More >>

Statement - 6 August 2020

Thursday, 6 August 2020, 9:18 am | Fertiliser Quality Council

The Fertiliser Quality Council of New Zealand (FQC) is satisfied that Fertmark has been recognised as the only standard for fertiliser sold in New Zealand by the High Court, in the recent case of Ballance vs Quin. The Fertmark programme was established ... More >>

NZPIF Challenges Statements Made By The Associate Minister Of Housing

Thursday, 6 August 2020, 9:17 am | NZ Property Investors Federation

The Associate Minister of Housing Kris Faafoi issued a press release last night regarding the passing of the Residential Tenancies Amendment Bill. The President of the NZ Property Investors’ Federation, Andrew King, challenges statements made ... More >>

KiwiSaver Statements Starting To Help Members Take Action

Thursday, 6 August 2020, 9:17 am | Financial Markets Authority

A third of KiwiSaver members who read their annual statement this year recalled seeing their projected retirement lump sum, a Financial Markets Authority (FMA) survey has found . This year, for the first time, members’ statements included an estimated ... More >>

Rhys Darby Returns To New Zealand For No Ordinary Mission

Thursday, 6 August 2020, 8:57 am | 2 Degrees Mobile

International comedy star back for ‘scentsational’ new campaign  2degrees knows that sometimes you need a special someone for a special job. That’s why they’ve lured international comedy star and local boy, Rhys Darby, back from the bright lights ... More >>

Kiwi fashion company closes the loop

Thursday, 6 August 2020, 8:53 am | Little Yellow Bird

Wellington ethical garment manufacturer Little Yellow Bird will begin recycling its products when they reach the end of their wearable life, making it the first New Zealand fashion brand to close the loop on its supply chain. More >>

Spending Locally In Action

Thursday, 6 August 2020, 8:13 am | Paymark

Spending continued to be strong across the core retail sector in July, with the underlying value of payments transacted through Paymark core retail merchants in July up by 11.4% on year-ago levels. Growth occurred across most sectors, including ... More >>

Customers Use COVID-19 Lockdown To Pay Down Mortgages

Thursday, 6 August 2020, 8:09 am | Westpac New Zealand

Many home owners unable to spend money during lockdown diverted significant sums of money into extra repayments on their mortgages, new Westpac NZ data shows. At the end of February, prior to lockdown, 65% of customers were ahead on their home ... More >>

The New Zealand Beverage Council Supports Water Only In Primary And Intermediate Schools

Thursday, 6 August 2020, 5:36 am | NZ Beverage Council

The New Zealand Beverage Council fully endorses calls from speakers at today’s Fizz Summit in Wellington for primary and intermediate schools to supply water only for sale. The NZBC represents the manufacturers, suppliers and distributors of New ... More >>

Vaping Bill Passed, Now Consult With Business - VTANZ

Thursday, 6 August 2020, 5:33 am | VTANZ

The bill to regulate vaping has been passed in Parliament tonight, but the Vaping Trade Association of New Zealand (VTANZ) says it’s disappointing so much uncertainty around the regulations remains for local businesses. The representative body says ... More >>

Five Most-Popular Games On Steam Generated Over $2 Billion In Revenue

Thursday, 6 August 2020, 5:10 am | Safe Betting Sites

Data gathered by Safe Betting Sites indicates that the top five most popular games on Steam cumulatively generated $2.03 billion in revenue. The revenue figures are as of August 2020. PUBG generated the highest revenue From the data, PlayerUnknown’s ... More >>

Car Maintenance A Money-Saver As New Car Sales Fall

Wednesday, 5 August 2020, 6:53 pm | Mag and Turbo

With the world economy feeling the crunch of COVID-19, more and more people are looking to tighten their belts. Gone are the days of splurging on flashy new items or travelling to wild and wonderful destinations without a second thought for the ... More >>

Māori Television Launches Its Whakatau 2020 Election Coverage

Wednesday, 5 August 2020, 5:53 pm | Maori Television

Māori Television is set to offer unprecedented bilingual election coverage, featuring polling of the Māori electorates, leadership debates for the seven Māori seats, Election night and post-Election special. Shane Taurima, Māori Television's Tāhuhu More >>

NZ Apple Industry On Track To Become A Billion-dollar Export Business

Wednesday, 5 August 2020, 5:48 pm | NZ Apples and Pears Inc

New Zealand Apples and Pears Inc (NZAPI), the representative industry body for the apple, pear and nashi industry, held its Annual General Meeting (AGM) in Hastings today, with members joining from around the country’s growing regions via Zoom. ... More >>

MTA Welcomes Launch Of Apprenticeship Boost Scheme

Wednesday, 5 August 2020, 5:14 pm | Motor Trade Association

The Motor Trade Association has welcomed today’s launch of the Apprenticeship Boost scheme, but is urging the Government to have the courage to go further. “This is a long-awaited win for employers supporting young people into trades,” says ... More >>

Editor Appointments

Wednesday, 5 August 2020, 4:34 pm | Bauer Media

The countdown is on for the highly anticipated return of New Zealand’s best-loved magazines. Today we are proud to reveal the talented editors who will be at the helm of the country’s most iconic titles. “While our mastheads are well-loved and ... More >>