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Latest Business Headlines [Page 2]

Building Consent costs set to reduce

Thursday, 12 December 2019, 11:01 am | Ministry of Business Innovation and Employment

A change has been approved to reduce the Building Levy rate by 13 percent, meaning homeowners will soon see a drop in building consent costs, says Anna Butler, General Manager of Building Performance at MBIE. More >>

Visitor arrival growth slows

Thursday, 12 December 2019, 11:01 am | Statistics New Zealand

Growth in annual visitor arrivals dropped to its lowest level in seven years, as the number of visitors from Asia continued to fall in the October 2019 year, Stats NZ said today. More >>

Will it be kiwifruit or strawberries for Christmas?

Thursday, 12 December 2019, 10:56 am | Statistics New Zealand

Topping off the Christmas pavlova with kiwifruit may be more costly than last year, but strawberry prices are down as the holidays approach, Stats NZ said today. More >>

Details needed on $12b infrastructure investment

Thursday, 12 December 2019, 10:19 am | Civil Contractors NZ

A Government announcement to invest $12 billion in new infrastructure projects has the potential to fill a major gap in the transport infrastructure work pipeline and start to overcome NZ’s infrastructure deficit – now details are needed for civil ... More >>

Spark Sport to show Super Bowl LIV and remainder of season

Thursday, 12 December 2019, 10:18 am | Spark Sport

Spark Sport announced today it will stream the 54th annual Super Bowl live thanks to a new direct partnership with the NFL. The sports streaming service will also deliver a selection of NFL matches each week for the remainder of the 2019/20 season, ... More >>

Global Hydrogen Initiative will assist shift to net-zero

Thursday, 12 December 2019, 10:16 am | Business NZ

BusinessNZ Energy Council Executive Director Tina Schirr welcomes the unveiling of the Hydrogen Global Initiative by the World Energy Council (WEC). More >>

Money mules booklet released to help protect New Zealanders

Thursday, 12 December 2019, 10:01 am | Commission for Financial Capability

A booklet outlining how New Zealanders can unwittingly become money mules for international fraudsters has been released by the Commission for Financial Capability (CFFC) and the Police. The two organisations partnered in producing the online publication following ... More >>

How Do We Manage Project Future?

Thursday, 12 December 2019, 9:35 am | Aurecon

In an era of Netflix and Stan, the age of clunky videotapes and dusty cassettes feels a lifetime ago. And while the streaming wars are picking up steam with the recent launch of Apple TV and Disney+ joining the likes of Hulu and Amazon Prime, ... More >>

CC releases final report on Fonterra’s Milk Price Manual

Thursday, 12 December 2019, 9:31 am | Commerce Commission

The Commerce Commission today released its final report on its annual review of Fonterra’s farm gate Milk Price Manual for the 2019/20 dairy season (Manual). The final report builds on our previous reviews of the Manual. More >>

UFF launches 10gb trial of exponentially faster internet

Thursday, 12 December 2019, 9:30 am | Ultrafast Fibre Ltd

Hamilton-based Ultrafast Fibre has today launched a trial of exponentially faster internet speeds of up to 10 Gigabits per second (Gbps) for the 52 internet retailers servicing the 230,000 residents and businesses in the Central North Island region. More >>

How NZers miss out on 100s of 1000s in retirement savings

Thursday, 12 December 2019, 9:07 am | The Conversation

New Zealanders pay higher fees for KiwiSaver funds than people elsewhere. from www.shutterstock.com , CC BY-ND More >>

XE Morning Update December 12, 2019

Thursday, 12 December 2019, 8:45 am | XE Morning Update

Positioning ahead of this morning’s FOMC meeting has seen the NZD retrace yesterday’s fall and is trading close to 5-month highs against the USD. More >>

Legalisation of cannabis key concern for Kiwi businesses

Thursday, 12 December 2019, 8:43 am | EMA

The latest EMA Employers’ Survey puts the legalisation of cannabis at the top of the list of concerns for SMEs, with 73 per cent worried it will have a negative impact on their business. More >>

Final decision on telco providers' levy contributions

Thursday, 12 December 2019, 8:39 am | Commerce Commission

The Commerce Commission has released its final decision on how much 16 telecommunications providers will each pay towards the Government’s $50 million Telecommunications Development Levy (TDL) for 2018/19. It has also issued a consultation document on ... More >>

FeedSafeNZ launches bold new initiative

Wednesday, 11 December 2019, 11:13 pm | Feed Manufacturers Association

New Zealand Feed Manufacturers Association (NZFMA) has introduced a new risk management programme that sees significant upgrades to the auditing and testing conducted by feed manufacturers. More >>

IDC says Managed Cloud Services are Cloud Growth Area 2020

Wednesday, 11 December 2019, 10:58 pm | IDC New Zealand Ltd

Auckland, 10th December 2019 : Managed cloud services are set to replace outsourced IT services as systems integrators, independent software vendors and other cloud ecosystem partners in New Zealand reap the benefits of flexible new IT service delivery ... More >>

Big bidding at Bayleys North Island auctions

Wednesday, 11 December 2019, 5:33 pm | Bayleys

Bayleys has capped off another high performing year for the commercial and industrial property market with the sale of 25 properties around the North Island at its final Total Property portfolio auctions for the year. More >>

Beware unauthorised trade work

Wednesday, 11 December 2019, 5:19 pm | Plumbers Gasfitters and Drainlayers Board

Property owners are being warned today not to fall into the trap of using unlicensed people to conduct plumbing work on renovation projects. Always ask to sight a NZ Practising Licence before any work begins. Today in the Taupo District Court, Stuart ... More >>

TFL launches Human Potential for the Digital Economy

Wednesday, 11 December 2019, 5:01 pm | Tech Futures Lab

Award-winning graduate school, Tech Futures Lab today announce the launch of their part-time Postgraduate Certificate designed in response to the rapidly changing world of work. More >>

Hydraulic hoses repair & maintenance just got smarter

Wednesday, 11 December 2019, 4:30 pm | BOA Hydraulics

(Headline abbreviated, original headline: Hydraulic hoses repair & maintenance just got smarter with the BOAhub app) More >>

Central region’s business network announces new directors

Wednesday, 11 December 2019, 4:29 pm | Business Central

Business Central and the Wellington Chamber of Commerce is pleased to welcome three new directors - Katy Ellis, Mahinarangi Tangaere, and Sophie Braggins. More >>

Stuart Broadhurst steps down as CEO at Fisher & Paykel

Wednesday, 11 December 2019, 4:27 pm | Fisher And Paykel

Fisher & Paykel Appliances today announces its long-serving CEO and Managing Director Stuart Broadhurst will step down following 10 years in the role. More >>

Infrastructure boost must contribute to productivity growth

Wednesday, 11 December 2019, 3:58 pm | Business NZ

BusinessNZ has welcomed the $12 billion infrastructure boost announced today, and says it’s appropriate for road and rail transport to be the priorities. Chief Executive Kirk Hope said business would be keen to see the details of the projects. More >>

OPPO Plans $10bn+ R&D Push for Smart Device Ecosystem

Wednesday, 11 December 2019, 3:46 pm | OPPO

Auckland, New Zealand- 11 December 2019 - Yesterday, OPPO held its OPPO INNO Day 2019 in Shenzhen, China, where it revealed its insights and initiatives for the era of intelligent connectivity, committing more than $10 billion (RMB 50 billion) in ... More >>

Bikinis produced from ocean plastics earns place on podium

Wednesday, 11 December 2019, 3:30 pm | Auckland Business Chamber

An Auckland YES team’s business project producing sustainable bikinis from ocean plastic waste has earned it third place at the YES (Young Enterprise Scheme) Nationals. More >>

Trade reform needed in wake of global disruption

Wednesday, 11 December 2019, 2:29 pm | Chapman Tripp

The multilateral rules-based system, including the World Trade Organisation (WTO), is more important than ever. But the system is under significant stress and its rules need to be updated to reflect innovation and global disruption, says Chapman Tripp ... More >>

Road and rail investment applauded

Wednesday, 11 December 2019, 2:21 pm | Business Central

The Government's commitment today to significantly increase infrastructure investment is a welcome boost to businesses at a time when economic growth and confidence is lower than it should be, says Business Central. More >>

Half Year Economic and Fiscal Update 2019

Wednesday, 11 December 2019, 1:52 pm | New Zealand Treasury

• The New Zealand economy is experiencing a period of slower, but still solid, economic growth, as household spending eases and global uncertainty weighs on business investment. This contributed to the economy growing at a slower rate of 2.4% in the ... More >>

Two sides to the Western Sahara story

Wednesday, 11 December 2019, 1:38 pm | Ravensdown

Farmer co-operative Ravensdown has granted access to Moller Park for a small group wanting to express their opinion about the arrival of legally sourced, essential phosphate rock in Dunedin. More >>

Airport boss to lead ExportNZ Hawke’s Bay

Wednesday, 11 December 2019, 12:40 pm | Business Central

Stuart Ainslie, the Chief Executive of Hawke’s Bay Airport, has been elected Chair of ExportNZ Hawke’s Bay. More >>

Getting our act together at select committee

Wednesday, 11 December 2019, 11:30 am | Federated Farmers

The passing last night of the Farm Debt Mediation Act and amendments to the NAIT Act is not only good news for the agriculture sector but a great advertisement for New Zealand’s select committee process, Federated Farmers says. More >>

Westfield kicks off extended Christmas trading hours

Wednesday, 11 December 2019, 10:59 am | Scentre Group

With Christmas only two weeks away, Westfield centres across New Zealand are offering extended trading hours and additional services to make the busiest time of the year for shoppers, a little bit easier. More >>

Spending strong in November

Wednesday, 11 December 2019, 10:48 am | Statistics New Zealand

Retail card sales bounced back strongly in November 2019, with much more spent on long-lasting goods such as recreational, hardware, and appliances, as well as food and drink, Stats NZ said today. More >>

Sports stars juggle skills, books and tools

Wednesday, 11 December 2019, 10:37 am | Building and Construction Industry Training Org

Professional sports players often wonder where to leap after their first careers – and the building and construction industry is helping them jump into life after sports. More >>

China to experience a taste of NZ for breakfast

Wednesday, 11 December 2019, 10:16 am | DryNZ

Millions of Chinese may soon wake up to New Zealand dried fruits on their morning porridge, as a Waiuku company launches a New Zealand-to-China direct dried fruit sachet delivery service. More >>

Dairy leaders emphasise importance of multilateral trade

Wednesday, 11 December 2019, 10:09 am | Dairy Companies Association of New Zealand

(Headline abbreviated, original headline: GLOBAL DAIRY LEADERS REITERATE THE FUNDAMENTAL IMPORTANCE OF A FUNCTIONING MULTILATERAL TRADE SYSTEM) More >>

Why were tourists allowed on White Island?

Wednesday, 11 December 2019, 9:25 am | The Conversation

The volcanic alert level on Whakaari/White Island remains at three, one rung higher than it was when the eruption took place. AAP/GNS Science , CC BY-ND More >>

Winners of architecture writing competition announced

Wednesday, 11 December 2019, 9:24 am | New Zealand Institute of Architects

For the second year in a row, Whangārei designer and writer Jade Kake (Ngāpuhi, Te Arawa, Te Whakatōhea) has won the Open category of the Warren Trust Awards for Architectural Writing, New Zealand’s leading essay competition for design writing. More >>

CSM Announces Acquisition of Wellness Brand, Me Today

Wednesday, 11 December 2019, 9:21 am | CSM Group

The directors of CSM Group Limited (NZX: CSM) announce that CSM has reached agreement to acquire 100% of The Good Brand Company Limited, a sales and marketing business, and Me Today Limited (which represents the wellness brand Me Today tm), both of which ... More >>

Auckland Airport advice for festive flyers

Wednesday, 11 December 2019, 9:18 am | Auckland Airport

As Santa readies his sleigh for Christmas deliveries, Auckland Airport is preparing for its busiest time of the year. More >>

Submission on animal tagging shapes new law

Wednesday, 11 December 2019, 9:12 am | Road Transport Forum

Industry’s submission that farmers should be responsible for correctly tagging their animals to safeguard New Zealand’s biosecurity, not truck drivers, has been heard and acted on, Road Transport Forum (RTF) chief executive Nick Leggett says. More >>

XE Morning Update

Wednesday, 11 December 2019, 9:03 am | XE.com

The NZDUSD opens at 0.6545 (mid-rate) this morning. Markets remain subdued with investors holding off adding to their positions ahead of tomorrow morning’s FOMC meeting and Thursday evening’s UK elections. There has been little reaction to ... More >>

Rental prices continue their surge toward summer

Wednesday, 11 December 2019, 8:56 am | Trademe

The rush to lock in a rental property before summer saw the nationwide median weekly rent rise 4.2 per cent on last year to $500 in November, according to the latest Trade Me Rental Price Index. More >>

Waitomo heads to Rotorua…again

Wednesday, 11 December 2019, 8:47 am | Waitomo

Hamilton-based fuel supplier Waitomo is opening their second Fuel Stop in Rotorua today – it’s eighth for the year, with one more to follow before Christmas. More >>

Trio of NZ business women leading AI in NZ

Wednesday, 11 December 2019, 8:43 am | Make Lemonade

Kiwi business women are leading the drive of one of New Zealand’s most significant technologies, artificial intelligence (AI), into 2020. More >>

Media Statement on Union negotiations

Wednesday, 11 December 2019, 8:28 am | NZ Bus

Unfortunately NZ Bus was unable to reach a deal with FIRST Unions and the Tramways Union to get the drivers back to work and Aucklanders back on the buses. NZ Bus CEO Barry Hinkley says "there was a long discussion today with ideas and claims ... More >>

Strike 3 tomorrow at Woburn Masonic Village

Tuesday, 10 December 2019, 7:11 pm | E tu Union

E tū caregivers strike tomorrow for a third time as they continue their fight to end their precarious hours and the 24/7 availability in case of roster changes which is required by their employer, Masonic Care Limited. More >>

Bus suspensions: drivers reject the same NZ Bus offer again

Tuesday, 10 December 2019, 6:52 pm | First Union

Over 800 FIRST Union and NZ Tramways Union members who drive buses for Auckland’s largest public transport operator, NZ Bus, met today and rejected the employer’s standing offer of a 2% pay rise, meaning driver suspensions are likely to continue ... More >>

WorkSafe investigating White Island work activity

Tuesday, 10 December 2019, 5:27 pm | WorkSafe NZ

WorkSafe New Zealand has opened a health and safety investigation into the harm and loss of life caused by the eruption. As the workplace health and safety regulator and administrator of the Adventure Activities Regulations, WorkSafe will be investigating ... More >>

‘P Lab’ marketing attracts considerable interest

Tuesday, 10 December 2019, 5:08 pm | Century 21 Real Estate

‘Former P Lab goes under the hammer’ is not the usual marketing headline, but such brutal honesty seems to be working for two South Auckland real estate agents, with open homes busy and interest in their latest listing intensifying. More >>

International Research Fellowship winner announced

Tuesday, 10 December 2019, 4:19 pm | Sue Barker Charities Law

Sue Barker Charities Law is delighted to announce that its director, Sue Barker, has been awarded the prestigious 2019 New Zealand Law Foundation International Research Fellowship Te Karahipi Rangahau ā Taiao, New Zealand’s premier legal research ... More >>

Flood-affected homeowners encouraged to contact EQC

Tuesday, 10 December 2019, 2:33 pm | Earthquake Commission

Homeowners whose properties have suffered damage from the storms and resulting flooding hitting the country in recent days should contact the Earthquake Commission for advice on lodging a claim. More >>

Ovum ranks Boomi a market leader in cloud-based integration

Tuesday, 10 December 2019, 2:10 pm | Dell Boomi

Sydney, Australia – December 10, 2019 – Boomi, a Dell Technologies business, announced today that Ovum, a global IT research and consulting firm, has named the company a “market leader" in an in-depth analysis of the fast-growing market ... More >>

Hamilton finance company warned over car loan, repossession

Tuesday, 10 December 2019, 1:52 pm | Commerce Commission

The Commerce Commission has warned Hamilton-based WeCare Finance Limited that, in the Commission’s view, it likely breached the lender responsibility principles of the Credit Contracts and Consumer Finance Act 2003 (CCCFA) by failing to make ... More >>

New-build rural early child care centre property for lease

Tuesday, 10 December 2019, 11:49 am | Bayleys

The land and building soon to house a purpose-built early child care centre in suburban Auckland have been placed on the market for lease. More >>

Tourism expenditure tops $40 billion

Tuesday, 10 December 2019, 10:47 am | Statistics New Zealand

Increased spending by international and domestic tourists, saw total tourism spending reach $40.9 billion in the year ended March 2019, Stats NZ said today. More >>

Court fines GO Healthy for misleading ‘NZ Made’ claims

Tuesday, 10 December 2019, 10:21 am | Commerce Commission

Health supplements seller GO Healthy New Zealand Ltd has been fined $337,500 in the Auckland District Court for misleading consumers by claiming its supplements were “made in New Zealand”, when the key ingredients in the majority of its products ... More >>

Trophy Auckland Property changes hands

Tuesday, 10 December 2019, 9:56 am | The Partners Financial Limited

An Auckland commercial property with tenants including Massey University, Auckland City Council and Quest Albany has been sold to Auckland businessman and property investor Peter Do for NZ$33 million. The property, 229 Dairy Flat Highway, is a mixed-use ... More >>

Job losses expected as broadcasting sector faces overhaul

Tuesday, 10 December 2019, 9:42 am | The Conversation

New Zealand’s commercial broadcasters are in trouble and the government is considering a complete restructure of public broadcasting. from www.shutterstock.com , CC BY-ND More >>

Health-Conscious Millennials Driving Growth of Organic Wines

Tuesday, 10 December 2019, 8:28 am | Impact PR

Health-conscious millennials are behind the rapid growth in organic, sustainable and vegan suitable wines, and more needs to be done to foster this market as demand for traditional NZ wine plateaus, according to industry experts. More >>