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Latest Business Headlines [Page 3]

Ch’i Drinks re-energised for the 2020s

Sunday, 5 January 2020, 12:06 pm | Ch'i Drinks

It has been one year since Ray Nicholls led a buy-out of Ch’i International Ltd. However, the once corporate FMCG executive is reluctant to accept he owns a Kiwi institution. More >>

Kiwis ring in the New Year with a record stream of data

Thursday, 2 January 2020, 5:39 pm | Vodafone

This New Year’s Eve Kiwis rang in 2020 in massive numbers, with data used across Vodafone New Zealand’s mobile networks increasing by 34.9% compared to last year. Nationally Kiwis consumed more than 121.96 terabytes of mobile data on New Year’s ... More >>

Netflix’s ‘The Witcher’ is world's most popular TV series

Tuesday, 31 December 2019, 8:16 am | Parrot Analytics

Netflix is out to an early lead in the highly competitive race for the next Game of Thrones . More >>

Boxing Day tops busy season for merchants

Saturday, 28 December 2019, 10:36 am | Paymark

A merry time was had by shoppers and merchants this year, across the Paymark network. A new peak spend was reached on Friday 20 December and spending over the six weeks leading into Christmas Day was up an underlying 4.6% on last year to $8,887 million. More >>

Whopping increases in smart phone use and online devices

Saturday, 28 December 2019, 10:28 am | Vodafone

Kiwis put their devices to good use this festive season, hitting record highs for data usage across Vodafone’s networks in New Zealand. Nationally Vodafone customers consumed 777 TB (Tera Bytes*) of data on Christmas Day and Boxing Day**, compared ... More >>

Publicised P lab sells above CV at auction

Saturday, 28 December 2019, 10:24 am | Century 21 Real Estate

The sale price of a well-publicised former P lab in South Auckland blew all expectations, selling at auction for $880,000 – well clear of its $855,000 2017 CV. More >>

Record breaking Christmas Eve

Tuesday, 24 December 2019, 2:51 pm | Paymark

Christmas Eve is often one of the busiest shopping days of the year and 2019 is proving to be no different. While final sales figures are yet to be collated, we are on track to be close to the record figures from Friday of $297.5 million for ... More >>

South Island Foodstuffs supermarket workers protest

Tuesday, 24 December 2019, 11:53 am | First Union

South Island Foodstuffs supermarket workers protest for living wage after ‘bargaining’ for three years Source: First Union More >>

1.5 million Kiwis set to join in Boxing Day sales frenzy

Tuesday, 24 December 2019, 7:03 am | Finder

24 December, 2019, New Zealand – Millions of Kiwis are expected to nab a bargain in the Boxing Day sales, according to global comparison site Finder , which has recently launched in New Zealand. More >>

Shocked workers learn of immediate Bunnings shutdowns

Tuesday, 24 December 2019, 6:17 am | FIRST Union

Workers at two Bunnings retail stores; Waikanae and Te Aroha, learned today that their stores are closing forever on 27 December 2019. More >>

Information about business support for Whakatāne released

Monday, 23 December 2019, 6:36 pm | Ministry of Business Innovation and Employment

More detail about the business support for affected businesses in the aftermath of the Whakaari/White Island volcanic eruption in Whakatāne has been released today by the Ministry of Business, Innovation and Employment (MBIE). More >>

Cannasouth secures consent for new cultivation facility

Monday, 23 December 2019, 1:11 pm | Cannasouth

Cannasouth’s joint venture partner Cannasouth Cultivation Limited has received resource consent for construction of its world-class medicinal cannabis cultivation facility in the Waikato. More >>

Record spending on Friday

Monday, 23 December 2019, 12:24 pm | Paymark

Spending through Paymark hit a new daily high last week, reaching $297.5 million through 5.1 million card transactions on Friday 20 December. More >>

Don’t Let Cyber Grinches Spoil Your Last Minute Shopping

Monday, 23 December 2019, 11:51 am | Symantec

New Zealanders are hitting the shops as offices close for the Christmas and the summer break. But as they trek to the malls or go online, shoppers need to consider the security implications of the vast array of cool, connected devices now on the market. More >>

Air New Zealand Cargo puts on Christmas lunch around globe

Monday, 23 December 2019, 11:06 am | Air New Zealand

Air New Zealand is helping to put Christmas lunch on the table for people around the world this holiday season. The airline’s cargo team is working with New Zealand meat producers and exporters from around the country to send meat to international ... More >>

Boxing Day sales still most popular for Kiwi shoppers

Monday, 23 December 2019, 10:48 am | PriceSpy

• In 2018, Boxing Day sales were 33 per cent more popular than Black Friday; • This year, PriceSpy predicts the Boxing Day sales will still be bigger than Black Friday but the gap is closing; • While there are great bargains to be had, PriceSpy ... More >>

Century 21 opens new Papakura franchise

Sunday, 22 December 2019, 1:09 pm | Century 21 Real Estate

Local MP Hon Judith Collins cut the ribbon at a celebration attended by many local businesses and supporters. Executive Director of Century 21 Australasia, Michael Baliviera, was among the speakers. More >>

New Zealand Hops confirms Craig Orr as new Chief Executive

Saturday, 21 December 2019, 11:36 am | NZ Hops

Food and beverage industry leader, Craig Orr, is confirmed as the new Chief Executive Officer (CEO) of New Zealand Hops Ltd (NZHL). More >>

A Healthy Surge in the Market

Saturday, 21 December 2019, 11:04 am | Real Estate Institute Of New Zealand

Data released today by the Real Estate Institute of New Zealand (REINZ) shows there were 142 more lifestyle property sales (+8.5%) for the three months ended November 2019 than for the three months ended October 2019. Overall, there were 1,806 lifestyle ... More >>

Sales Slump in the Dairy Sector

Saturday, 21 December 2019, 10:52 am | Real Estate Institute Of New Zealand

Sales Slump in the Dairy Sector Data released today by the Real Estate Institute of New Zealand (REINZ) shows there were 54 less farm sales (-16.1%) for the three months ended November 2019 than for the three months ended November 2018. Overall, ... More >>

West Coast Bounces Back for Season Ahead

Saturday, 21 December 2019, 10:20 am | Scenic Hotel Group

West Coast Hotels Put Kiwi Spirit to the Fore as Coast Bounces Back for Season Ahead CHRISTCHURCH 20th December 2019. It’s ‘busines as usual’ for Scenic Hotel Group's five West Coast properties in Fox Glacier, Franz Josef and Haast as the region’s ... More >>

New Interest Only Mortgage Calculator Launched

Friday, 20 December 2019, 5:38 pm | Opes Partners

Property investment company, Opes Partners has just released a new property investment calculator. The Interest Only Mortgage Calculator allow property investors to see what their payments would be on their interest only mortgages. More >>

Predicted loss of skilled workers in Blue Collar Labour

Friday, 20 December 2019, 4:48 pm | OneStaff

(Headline abbreviated, original headline: Blue Collar Labour Market to See Loss of Skilled Workers In 2020, Predicts OneStaff) More >>

SAFE says Ministry for Primary Industries is failing animals

Friday, 20 December 2019, 4:12 pm | SAFE For Animals

An exposé which aired on Newshub Live last night showed dying, dead and rotting hens on a Whangārei colony cage farm. The footage from Northern Eggs showed bodies of hens that had been long-dead, trampled-flat into the floor of the cages, in clear ... More >>

New prime stock key to meeting demand across all sectors

Friday, 20 December 2019, 3:16 pm | JLL

Office Low vacancy continued through the third quarter, with occupiers looking to move up the grade spectrum facing minimal options. Projects currently in the pipeline should alleviate a portion of this pent-up demand over the coming quarters, with ... More >>

Bachcare statement

Friday, 20 December 2019, 3:14 pm | Bachcare

Bachcare respects and accepts the court’s ruling and sentencing. We have fully cooperated with the Commerce Commission throughout its 21-month investigation and have met every request. The charges and subsequent sentencing fine relate solely ... More >>

Entrada Travel Group Acquires Frankland Island Reef Cruises

Friday, 20 December 2019, 3:07 pm | Entrada Travel Group

Entrada Travel Group has today announced the acquisition of Frankland Islands Reef Cruises, the third in a series of recent investments in Tropical North Queensland by the New Zealand-based tourism company. CEO John Thorburn says Frankland Islands ... More >>

Warrant of Fitness system ‘broken’

Friday, 20 December 2019, 3:06 pm | Dog And Lemon Guide

The government must act to rebuild a ‘broken’ Warrant of Fitness system, says the car review website . More >>

Sarah Keene a 'Star Individual' for Competition/Antitrust

Friday, 20 December 2019, 2:03 pm | Russell McVeagh

Russell McVeagh Partner Sarah Keene has been named a 'Star Individual' by Chambers and Partners - the only individual in New Zealand to have received this ranking for Competition/Antitrust. More >>

Sarah Keene a 'Star Individual' for Competition/Antitrust

Friday, 20 December 2019, 1:50 pm | Russell McVeagh

Sarah Keene a 'Star Individual' for Competition/Antitrust Russell McVeagh Partner Sarah Keene has been named a 'Star Individual' by Chambers and Partners - the only individual in New Zealand to have received this ranking for Competition/Antitrust. ... More >>

Air NZ opens new look Wellington Domestic Lounge

Friday, 20 December 2019, 1:32 pm | Air New Zealand

The new lounge is slightly larger with 374 seats available for customers, reflecting a 10 percent increase. There will also be six different zones – a café and bar, barista station, business, lounge and quiet areas, as well as a self-service food ... More >>

Progressing business across borders.

Friday, 20 December 2019, 12:45 pm | India NZ Business Council

The Indian High Commissioner, Muktesh Pardeshi, addressed the members of the India New Zealand Business Council and the business community in Auckland on 18 December 2020 at EY More >>

Company failed to ensure contractor's capabilities

Friday, 20 December 2019, 12:19 pm | WorkSafe NZ

WorkSafe is reminding companies to ensure the contractors they employ are competent for the job at hand. More >>

Commitment to change lifts audit grades

Friday, 20 December 2019, 11:27 am | Real Communications

Commitment to change lifts audit grades Caption: Eyrewell farmer Scott Evans (left) chats with environmental consultant Paul Reese during a Farm Environment Plan (FEP) audit. Scott has received A and B audit grades for his farms. More >>

SkyPath acquisition a win/win

Friday, 20 December 2019, 11:25 am | SkyPath

NZTA's acquisition of the SkyPath design and brand is a win/win. SkyPath Trust's Bevan Woodward says "With NZTA's considerable resources now focused on the project, we will see the delivery of an enhanced pathway across the Waitematā Harbour. More >>

Bachcare convicted and fined for misleading online reviews

Friday, 20 December 2019, 10:01 am | Commerce Commission

Holiday rental management and accommodation company Bachcare has been fined $117,000 for misleading consumers by altering and withholding publication of online reviews posted by users of its accommodation services. More >>

Crunch time for Santa's reindeer

Friday, 20 December 2019, 9:35 am | Statistics New Zealand

Santa will be busier than ever delivering presents to New Zealand children on Christmas Eve this year, according to the 2018 Census, Stats NZ said today. More >>

Workers kick off nationwide living wage t-shirt protest

Friday, 20 December 2019, 9:14 am | FIRST Union

Cotton On retail workers throughout New Zealand kicked off a protest yesterday that will see FIRST Union members around the country proudly wearing "Cotton H(on)est - Living Wage" t-shirts at work until Christmas Eve in protest at the company’s ... More >>

XE Morning Update December 20, 2019

Friday, 20 December 2019, 8:54 am | XE Morning Update

NZDUSD 0.6604 0.4% NZDEUR 0.5936 0.4% NZDGBP 0.5069 0.9% NZDJPY 72.12 0.1% NZDAUD 0.9594 0.0% NZDCAD 0.8667 0.5% GBPNZD 1.9726 -0.9% More >>

CoreLogic - 2019 Best of the Best NZ (BoB) Report

Thursday, 19 December 2019, 7:43 pm | CoreLogic RP Data

Best of the Best ‘BoB’ takes a deep dive into the NZ property markets & highlights the top best performing regions (house & unit) nationally & across each of the capital cities. Complementing the ‘BoB’ report analysis led by our ... More >>

Auction of special-edition Ford Mustang ends with delight

Thursday, 19 December 2019, 4:24 pm | Ford New Zealand

(Headline abbreviated, original headline: Auction of special-edition Ford Mustang ends with delighted new Bullitt owner and welcome contribution to children’s charity) More >>

Fonterra appoints interim CEO Greater China

Thursday, 19 December 2019, 4:15 pm | Fonterra

Fonterra is pleased to appoint Teh-Han Chow as its interim CEO Greater China. Fonterra CEO Miles Hurrell says the creation of this new role on the Fonterra Management Team reflects the importance of the China market to the Co-op and it will sit alongside ... More >>

Runaway Play celebrates 10 years

Thursday, 19 December 2019, 4:07 pm | Runaway

Award winning New Zealand games studio, Runaway Play is celebrating its 10 year anniversary this week - a rare feat in the fiercely competitive games industry. Based in Dunedin, New Zealand, Runaway Play create free-to-play mobile games inspired by the natural ... More >>

Yield-hunting offshore investors put NZ on the map

Thursday, 19 December 2019, 4:04 pm | Colliers International

The global hunt for higher-yielding commercial property assets has propelled New Zealand onto the world stage, leading to a significant uptick in offshore investment at the top end of the market. More >>

Politics and monetary policy to shape property sector

Thursday, 19 December 2019, 3:50 pm | Colliers International

The general election and monetary policy measures will be key features influencing New Zealand’s commercial property sector in 2020, a new report suggests. More >>

How has your income changed?

Thursday, 19 December 2019, 3:11 pm | Statistics New Zealand

A new interactive web tool lets people see how incomes have changed where they live, Stats NZ said today. More >>

Promisia Integrative announces new business direction

Thursday, 19 December 2019, 2:38 pm | Promisia Ltd

NZX-listed Promisia Integrative (NZX:PIL) announced today it will be taking a completely new direction in place of its joint health dietary supplement business. More >>

NZ Online Retail Sales - November 2019

Thursday, 19 December 2019, 2:32 pm | BNZ Online Retail Sales Index

HIGHLIGHTS • The attached note is an early release covering November online retail sales. Figures are provisional . • NZ’s total online retail spending in November was 4% higher than a year ago. Recent months were stronger, running at 8% year-on-year ... More >>

Capital Review background papers and response to submissions

Thursday, 19 December 2019, 2:09 pm | Reserve Bank

The Reserve Bank of New Zealand has released background materials and papers to its final decisions on the Capital Review, along with its response to submissions on the fourth and final consultation paper,  How much capital is enough? More >>

Spark to keep holiday-goers connected this summer

Thursday, 19 December 2019, 1:58 pm | Spark

Spark will deploy more than 60 temporary cell sites to holiday destinations around the country as visitors pour into Kiwi hot spots this summer More >>

Vital allotment of distribution reinvestment plan units

Thursday, 19 December 2019, 1:42 pm | Vital Healthcare Property Trust

For the purposes of Listing Rule 7.12.1, the Manager of Vital Healthcare Property Trust, NorthWest Healthcare Properties Management Limited, hereby advises the following new units have been issued: More >>

Up and Coming Kiwi talent taking on the Global Stage

Thursday, 19 December 2019, 12:42 pm | Grow NZ Business

Up and coming talent from Auckland University have worked with Grow NZ Business to launch a new venture that now has members across 161 countries, demonstrating the quality of talent coming through the University pipeline. More >>

Kiwi growth remains potential

Thursday, 19 December 2019, 12:21 pm | Kiwibank

Today's report was a misfortunate mixed bag of data and devils in detail. The Kiwi economy recorded a strong 0.7% gain in Q3 2019 (Kiwibank 0.6%, consensus 0.5%). But the better than expected gain hides the weakness in the downward revisions to Q2 ... More >>

Misleading green claim on baby wipes leads to recall

Thursday, 19 December 2019, 12:19 pm | Consumer

A major brand of baby wipes that claimed to be “100% biodegradable” is being recalled after a Consumer NZ test found the claim was misleading. More >>

2019 ICNZ And ANZIIF Scholarship Winner Announced

Thursday, 19 December 2019, 12:05 pm | ANZIIF

The Insurance Council of New Zealand (ICNZ) and the Australian and New Zealand Institute of Insurance and Finance (ANZIIF) are pleased to announce the 2019 ICNZ and ANZIIF Scholarship has been awarded to Euan Osborne. More >>

Say hello to NZ’s fastest broadband technology

Thursday, 19 December 2019, 11:57 am | Orcon

Gigabit fibre not fast enough? No problem, says Orcon, as it becomes the first internet service provider to belt Ultrafast Fibre Broadband speeds into a whole new era. More >>

PaySauce and Xero Launch Joint Rural Initiative

Thursday, 19 December 2019, 11:33 am | PaySauce

Wellington, NZ, 19 December 2019 - Cloud software providers PaySauce (NZX: PYS) and Xero (ASX: XRO) announce Xero For Farming, a solution for agri employers. More >>

Air New Zealand summer cabin crew take to the skies

Thursday, 19 December 2019, 11:28 am | Air New Zealand

Air New Zealand has hired 120 successful candidates from more than 1,800 applicants for its temporary cabin crew roles to fly across the peak summer period. More >>

Sealord announces stellar year

Thursday, 19 December 2019, 11:23 am | Sealord

Sealord Group Ltd has reported a net profit after tax of NZD $32.2 million for its financial year ended September 30, 2019. The result is 32.6% higher than their 2018 result. Revenue increased 4.5% from the prior year to $359.8 million. More >>

Blue Collar Labour Market to See Loss of Skilled Workers

Thursday, 19 December 2019, 11:21 am | OneStaff

Auckland – 19 December 2019 – Income, skills and diversity are set to be the key labour market issues in 2020 according to OneStaff , New Zealand’s largest provider of temporary and permanent onsite staffing for the industrial and commercial ... More >>