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Latest Business Headlines

Kiwi oat milk producer takes Kiwi oats to the world

Thursday, 23 January 2020, 4:28 pm | Otis Oat Milk

New Zealand’s first homegrown oat milk producer Otis Oat Milk has announced ambitious expansion plans in response to surging demand for its homegrown oat milk. Launched nine months ago, Otis is currently sold in 150 cafes throughout New Zealand. This ... More >>

Nozomi Networks Earns Leadership Ranking in Frost Radar

Thursday, 23 January 2020, 2:42 pm | Nozomi Networks

AUCKLAND, January 23, 2020 — Nozomi Networks Inc. , the leader in OT and IoT security, has been recognised by Frost & Sullivan as the market leader in its Frost Radar: 2019 Growth, Innovation & Leadership report*. Strictly reserved for “market leaders ... More >>

Consumer NZ’s claims show lack of understanding

Thursday, 23 January 2020, 2:20 pm | Financial Advice New Zealand

A claim by Consumer NZ that financial advisers suggest clients look at new life insurance policies just so they can boost their commissions is sensationalist and shows a total lack of understanding of how the sector works, says Financial Advice ... More >>

Cannasouth appoints experienced new CFO

Thursday, 23 January 2020, 12:52 pm | Cannasouth

New Zealand’s only NZX listed medicinal cannabis company Cannasouth has appointed Colin Foster as the company’s new Chief Financial Officer. More >>

Applications open for new Consumer Council Chair

Thursday, 23 January 2020, 11:01 am | MidCentral District Health Board

Individuals with provenleadership ability who have a passion for the health of our communities are being encouraged to apply to become the new chair of the MidCentral DHB Consumer Council. More >>

Chamber thanks Lance Walker

Thursday, 23 January 2020, 10:54 am | Business Central

The resignation of Lance Walker as WellingtonNZ Chief Executive will be a disappointment to those in the business community, says John Milford, Chief Executive of the Wellington Chamber of Commerce. More >>

Rugby World Cup boosts travel to Japan

Thursday, 23 January 2020, 10:46 am | Statistics New Zealand

The Rugby World Cup in Japan boosted trips home by New Zealand residents in November 2019, Stats NZ said today. More >>

Massive logistics behind transporting Karaka 2020 horses

Thursday, 23 January 2020, 10:23 am | Road Transport Forum

More than 1,000 of New Zealand’s finest thoroughbred yearlings will be trucked in and out of the Karaka 2020 sales over the next week in a massive logistics operation, Road Transport Forum (RTF) chief executive Nick Leggett says. More >>

Stakeholder-centric leadership linked to strong performance

Thursday, 23 January 2020, 10:15 am | Accenture

DAVOS, Switzerland; Jan. 20, 2020 – A new research study from the World Economic Forum in collaboration with Accenture (NYSE: ACN) has identified five elements at the heart of a new model of responsible leadership for an era of stakeholder capitalism ... More >>

Want to retire before 65?

Thursday, 23 January 2020, 10:13 am | Kiwi Wealth

Conventional wisdom holds that we work until the age of 65, at which point we can retire, receive NZ Super and access the funds we have invested in our KiwiSaver accounts. But what if we wanted to retire early? “Retiring before the age of 65 might sound ... More >>

Diet and “detox” teas pulled from sale

Thursday, 23 January 2020, 9:29 am | Consumer

Several brands of diet and “detox” tea have been withdrawn from sale after Consumer NZ found they contained a pharmacy-only medicine . More >>

Chapman Tripp Advises Infrared Capital Partners

Thursday, 23 January 2020, 9:23 am | Chapman Tripp

InfraRed Capital Partners has sold its 40% interest in the Public Private Partnership ( PPP ) at Auckland South Corrections Facility ( ASCF ) to the AMP Capital Community Infrastructure Fund. The transaction is the first secondary PPP transaction in New ... More >>

Mercury Quarterly Operational Update

Thursday, 23 January 2020, 9:16 am | Mercury Energy

Mercury maintained a prudent approach to risk management in Q2-FY2020, decreasing hydro generation by 74GWh compared to the same quarter last year resulting in a strong hydro storage position in the approach to the third quarter; historically the lowest ... More >>

WPP AUNZ strengthens its MarTech offer with acquisition

Thursday, 23 January 2020, 9:09 am | Inspired Kindergartens

Sydney January 23, 2020: WPP AUNZ has further bolstered its suite of digital solutions for the New Zealand market, announcing the acquisition of Dominion. Jens Monsees CEO WPP AUNZ said: “Acquiring Dominion supports our strategy of combining technology ... More >>

Gull Celebrates Start To The New Work Year with Discount Day

Thursday, 23 January 2020, 8:58 am | Gull New Zealand

To celebrate the return of most Kiwis back to a New Work Year, Gull New Zealand is offering a 10 cent per litre discount, the Discount Day will apply to all Gull’s fuel types across the company’s entire network from 7:00am on Thursday 23 January ... More >>

Air New Zealand using computer vision AI

Thursday, 23 January 2020, 8:41 am | Air New Zealand

Air New Zealand is trialling the latest in computer vision artificial intelligence (AI) in its search for innovative ways to continually improve aircraft turn times and better on-time performance. The new technology, made available through a partnership ... More >>

XE Morning Update

Thursday, 23 January 2020, 8:37 am |

The NZDUSD opens at 0.6586 (mid-rate) this morning. It’s been another quiet night for currency markets with only the CAD and GBP breaking out of tight ranges. The Canadian dollar slipped lower after the Bank of Canada kept their interest rate unchanged ... More >>

Rents in the capital crack $600 for the first time

Thursday, 23 January 2020, 8:35 am | Trademe

Tenants in the capital are facing record breaking rents after the median weekly rent in Wellington City cracked the $600 mark for the first time ever in December, according to the latest Trade Me Rental Price Index. More >>

Gambling on Life – New Zealand’s Underinsurance Problem

Thursday, 23 January 2020, 8:27 am | Financial Services Council

New research commissioned by the Financial Services Council (FSC) has revealed the high number of New Zealanders that are underinsured when it comes to their lives, their incomes or suffering a major illness. The third and final part in the FSC’s ... More >>

New trade deal will boost NZ tech companies, Muller says

Wednesday, 22 January 2020, 4:06 pm | Make Lemonade

The New Zealand, Singapore and Chile digital economy partnership deal signed today will significantly help Kiwi companies grow their digital trade, NZTech chief executive Graeme Muller says. More >>

Fishers breaking law on bycatch

Wednesday, 22 January 2020, 2:06 pm | Forest And Bird

Commercial long-line fishers appear to be failing to report bycatch the vast majority of the time, says Forest & Bird. The organisation says an official report shows fishers catching migratory species like tuna are nine times more likely to report ... More >>

Vodafone launches ginormous data plans

Wednesday, 22 January 2020, 1:59 pm | Vodafone

Vodafone launches ginormous data plans for fixed wireless broadband customers 300GB & 600GB plans on sale and trial of 1TB plans as Kiwis increase their data use Wednesday 22 January 2020 Vodafone New Zealand is today launching ginormous data ... More >>

JLL appoints CIO for Australia and New Zealand

Wednesday, 22 January 2020, 1:10 pm | JLL

AUCKLAND, 22 JANUARY 2020 – JLL has announced the appointment of Kathleen Stubbs as Chief Information Officer (CIO) for Australia and New Zealand. More >>

State-of-the-art aerial water mapping in Hawkes Bay

Wednesday, 22 January 2020, 1:07 pm | Irrigation NZ

IrrigationNZ congratulates the Hawkes Bay Regional Council and its partners on the successful launch of a cutting-edge 3D water mapping project yesterday at the Hawke’s Bay Aero Club in Waipukurau. More >>

Braided river façade one quarter complete at Te Pae

Wednesday, 22 January 2020, 11:55 am | Otakaro Limited

The braided river effect of Te Pae Christchurch Convention Centre’s façade is taking shape , with CPB Contractors having now installed a quarter of the 43,000 herringbone tiles. More >>

FMC calls on NZSki to consider alternatives to access charge

Wednesday, 22 January 2020, 11:43 am | Federated Mountain Clubs

FMC President Jan Finlayson is urging NZSki to hit pause on its plan to charge for vehicle access on the Remarkables Ski Field Access Road this summer. More >>

Te Pae Christchurch gains international events leader

Wednesday, 22 January 2020, 10:52 am | Te Pae Christchurch

Te Pae Christchurch Convention Centre is building on the depth of its international expertise with the appointment of experienced Client Services Manager, Lee-Ann Dahl. More >>

Life insurance sector explored in latest Bulletin article

Wednesday, 22 January 2020, 10:09 am | Reserve Bank

The aggregate solvency ratio of New Zealand’s life insurance sector has declined in recent years, raising questions about the ability of some insurers to cope in the event of an adverse shock. More >>

Century 21 kicks off recruitment drive

Wednesday, 22 January 2020, 9:48 am | Century 21 Real Estate

“Last year was all about our global rebrand and the return of Kiwi ownership for Century 21 New Zealand. This year will be about attracting high performing salespeople and business owners from other companies to open a Century 21 franchise,” says ... More >>

SEEK New Zealand Employment & Salary Trends Report

Wednesday, 22 January 2020, 9:18 am | SEEK

21 January 2020, NEW ZEALAND STATE OF THE NATION: SEEK job ad listings have softened, down 1.1% compared to Q4 2018 The average advertised salary in New Zealand is $80,822, up by 1.7% Sectors with the highest job ad growth include: ... More >>

Consumer NZ reveals best and worst ways to buy insurance

Wednesday, 22 January 2020, 9:10 am | Consumer

Buy insurance from a bank or insurance broker and you’re much less likely to be a satisfied customer, Consumer NZ’s annual insurance survey shows. More >>

Most wanted: 2020’s skill shortfalls revealed

Wednesday, 22 January 2020, 9:09 am | Hays

DevOps Engineers, Analytics Managers and Revit Technicians make the list of the top skill shortfalls for the first half of 2020, according to recruiting experts Hays. But the recruiter warns jobseekers that technical skills aren’t all that employers ... More >>

Trade Me announces sale of LifeDirect

Wednesday, 22 January 2020, 9:05 am | Trademe

Trade Me has announced that it has sold its LifeDirect business which it bought in 2013. LifeDirect has been bought by Mark Solomon, transfer of ownership will occur on 1 April. More >>

XE Morning Update January 22, 2019

Wednesday, 22 January 2020, 8:46 am | XE Morning Update

The NZDUSD opens at 0.6597 (mid-rate) this morning. More >>

NZ Chocolate Awards are Back

Tuesday, 21 January 2020, 9:54 pm | New Zealand Chocolate Awards

The country’s favourite awards are back for 2020 with the return of the NZ Chocolate Awards. More >>

Tickets on Sale for Women in Forestry conference

Tuesday, 21 January 2020, 2:24 pm | Women in Forestry

Tickets are on sale for the Women in Forestry Conference, being held from 30 April – 2 May 2020 in Whangamata. More >>

Online retailer Container Door fined $54K over unsafe bikes

Tuesday, 21 January 2020, 12:11 pm | Commerce Commission

Online retailer Container Door fined $54K over unsafe bikes Online retailer Container Door Limited has been fined $54,000 for supplying unsafe pedal bicycles, following a Commerce Commission investigation. More >>

New Government Statistician Mark Sowden starts today

Tuesday, 21 January 2020, 10:46 am | Statistics New Zealand

Government Statistician and Chief Executive, Mark Sowden, starts in his new role this week, (Tuesday, 21 January), Stats NZ said today. More >>

Active+ Celebrates 30 Years in Business

Tuesday, 21 January 2020, 9:52 am | Active Plus

One of the last remaining NZ owned physiotherapy and rehabilitation networks plans growth and continued focus on quality care for all Kiwis More >>

Unitary Plan Presents Opportunities for Auckland Land Owners

Tuesday, 21 January 2020, 9:36 am | Subdivide Simplified

The Auckland Unitary Plan has presented lucrative opportunities for property owners to profit from subdividing land. With the rules changed, it’s now possible for many that weren’t previously eligible to take advantage of their space and begin ... More >>

MoneyHub publishes guide to Free Samples in NZ

Tuesday, 21 January 2020, 9:06 am | MoneyHub

MoneyHub has published a list of 20+ genuine free samples available right now. The guide, prepared by MoneyHub’s research team, covers four categories - Babies & Children, Health & Beauty, Pets and General. Together, the resource has potential ... More >>

Diminishing Returns: Calculated Misery in Air Travel

Tuesday, 21 January 2020, 8:34 am | Binoy Kampmark

If there comes a point when people will decide not to fly, the issue may well be less to do with any moral or ethical issue with climate change than the fact that commercial flights have become atrocious. They are naked money-making concerns with ... More >>

XE Morning Update

Tuesday, 21 January 2020, 8:29 am |

The NZDUSD opens at 0.6606 (mid-rate) this morning. Market volatility continues to wane and with the US closed for Martin Luther King day it’s been a predictably slow start to our trading week. There has been little reaction to the latest International ... More >>

Ian Charlton joins QT Wellington as Hotel Manager

Tuesday, 21 January 2020, 8:26 am | QT Hotels

QT Wellington introduces a new Hotel Manager, Ian Charlton, who commenced his responsibility of overall operation of the capital’s design-led hotel on 13 January, 2020. With over ten years’ experience in Australia and the United States, Charlton brings ... More >>

Weak Passwords Caused 30% of Ransomware Infections in 2019

Tuesday, 21 January 2020, 8:19 am | Psychic Ventures Ltd

As one of the leading types of cyber-attacks, ransomware is expected to dominate cybercrime in 2020. According to research , weak passwords were one of the most common cybersecurity vulnerabilities in 2019, causing 30% of ransomware ... More >>

Blockchain Transaction Times vs. Money Transfers

Tuesday, 21 January 2020, 8:12 am | Psychic Ventures Ltd

The blockchain execution time for transactions continues to dominate bank and money transfers. Data gathered by reveals the execution time for the top five cryptocurrencies from 2019 to 2020. More >>

Eight young Fruit Growers vie for title

Monday, 20 January 2020, 9:31 pm | New Zealand Kiwifruit Growers

Eight young Fruit Growers vie for title • Emily Crum, Orchard Manager, Total Orchard Management Services, Whangarei • Bryce Morrison, Technical Services and Innovation, Fruition, Tauranga • Aurora McGee-Thomas, Trainee Orchard Manager, Strathmurray ... More >>

New research reveals Kiwis are losing confidence

Monday, 20 January 2020, 9:29 pm | Smile Direct Club

New research reveals Kiwis are losing confidence – but smiling is the answer AUCKLAND, New Zealand, January 20, 2020 – New research has revealed the confidence of many New Zealanders has decreased with over a quarter (27%) of Kiwis claiming their day-to-day ... More >>

Waking Giants Launch ‘Creating A Brand Strategy’ Workshop

Monday, 20 January 2020, 5:45 pm | Waking Giants

Waking Giants who specialise in business and personal growth through Leadership, Strategy and Brand Strategy, have released a new workshop to help business owners create a brand strategy and help move their businesses forward with purpose. More >>

MYOB Partners with Kōkiri to Progress Māori Start-Ups

Monday, 20 January 2020, 2:58 pm | MYOB

Leading tech company MYOB is again partnering with business accelerator Kōkiri after a successful launch in 2018. The accelerator programme helps Māori start-ups to pressure test their business, with the aim to rapidly increase the founder’s business ... More >>

Merry Debtmas: Kiwis experiencing anxiety

Monday, 20 January 2020, 1:53 pm | NZ Compare

There’s post-Christmas debt anxiety according to the latest research by Opinion Compare with over a quarter (26%) of the New Zealand population spending more on Christmas than they planned to. More >>

Visitor numbers bounce back in Franz Josef

Monday, 20 January 2020, 12:26 pm | Development West Coast

The Department of Conservation’s latest track counter data for the Franz Josef Glacier Valley recorded its busiest day ever with 7,137 visiting on 1 January 2020. More >>

New Project Manager appointed for Extension 350

Monday, 20 January 2020, 12:24 pm | Northland Inc

Northland Inc has appointed a new Project Manager for Extension 350 as the award-winning, farmer-to-farmer learning programme enters what promises to be a pivotal year. More >>

2020-02 – Windows 7 now a security risk

Monday, 20 January 2020, 12:17 pm | Company-X

Hundreds of millions of Windows 7 computers became vulnerable to cyber-attacks after Microsoft ended support for its popular operating system on January 14, writes Company-X co-founder and director David Hallett. More >>

Air New Zealand unwraps New York flights for Christmas 2020

Monday, 20 January 2020, 10:52 am | Air New Zealand

Dreaming of Christmas in the Big Apple? Air New Zealand has your ticket, with 2020 holiday season bookings for its non-stop Auckland-New York flights now open. More >>

Biggest parks conference in the southern hemisphere

Monday, 20 January 2020, 10:13 am | NZ Recreation

Green Pavlova 2020 is going to be the biggest parks and open spaces conference that the southern hemisphere has ever seen! More >>

XE Morning Update January 20, 2019

Monday, 20 January 2020, 9:09 am | XE Morning Update

The NZDUSD opens at 0.6611 (mid-rate) this morning. Friday’s stronger-than-expected Chinese and US economic data releases increased risk appetite and pushed up European and US to new highs. China’s industrial production, which had been expected to ... More >>

NZ Property Market Sizzles in Kiwi Summer

Saturday, 18 January 2020, 1:46 pm | Tall Poppy Real Estate

Wellington, 18 January 2020 - Christmas didn’t slow Kiwi’s enthusiasm for property, with REINZ reporting an additional 22 house sales each day during December, and Tall Poppy Real Estate reporting its best sales week in the lead up to Christmas. More >>

NZ Champions of Cheese Awards

Friday, 17 January 2020, 7:18 pm | NZ Specialist Cheesemakers Assn

Cheesemakers Encouraged to Enter NZ Champions of Cheese Awards Friday 17 January 2020 Entries are open for the NZ Champions of Cheese Awards 2020, which will for the first time have three Supreme Champions. To ensure the Awards represent the all ... More >>

Robotic technology is revolutionising farming

Friday, 17 January 2020, 3:36 pm | Agcarm

From weeding and spraying crops to taking care of cattle, digital technology is making its mark on agriculture. More >>