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Welcome to New Zealand News UK

Since 1927 we have delivered the global New Zealand expat community relevant news from home. We present New Zealand food, wine, products, culture and entertainment – while continuing to include the latest general news, business, travel, immigration, real estate, recruitment and sports news which you would expect from a title which has such a strong legacy. Job board, classifieds and property listings are also available.
We invite you as a potential migrant, tourist or investor to also explore and engage with New Zealand, Kiwi expats and others who share a love of New Zealand through www.nznewsuk.co.uk.
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Article - Businesswire Sweet spot’ for stock markets over, but still a better bet in 2010: AMP Capital by Paul McBeth Feb. 9 (BusinessWire) – The “sweet spot” for stock markets is over, says AMP Capital Investors, though they’re still a better bet than bonds and cash, as policy makers wind down the stimulus measures brought in to fight the worst recession New Zealand’s been in for 18 years. Though New Zealand’s equity market probably won’t enjoy the 20% gain of 2009, it’s still likely to be the best performing asset class this year, according to Jason Wong, head of investment strategist at AMP Capital Investors. “The sweet spot for equities is over,” Wong told a media briefing in Wellington today. “We believe that 2010... more>
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Waitakere Sounds Sounds of summer rock Waitakere Around 4500 people rocked to the sounds of Kiwi chart toppers Midnight Youth and Dane Rumble at first Henderson Park on Waitangi Day – the first Waitakere Sounds 2010 concert of the summer. Also entertaining the crowd basking in under clear blue skies was the West’s own funk/reggae five-piece, Soljah. Waitakere Sounds is a free concert series presented by Waitakere City Council and running throughout February and March and featuring some of the biggest names in New Zealand music. Other concerts in the series are: Hip Hop Lives Here - Sunday 21 February, Henderson Park (2-4pm). Kiwi grand master King Kapisi tops the bill featuring Tha Freestyle, Sellaband and... more>
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Auckland Philharmonia Orchestra - Large scale paintings by acclaimed New Zealand artist Philip Trusttum will have their first public viewing in Auckland as part of the Auckland Philharmonia Orchestra’s concert Exhibition Opening at the Town Hall on 25 February. Eight paintings from Mr Trusttum’s Pictures from an Exhibition series, on loan from the James Wallace Arts Trust, will be hung inside the Auckland Town Hall on the day of the APO’s season opener. Performed as part of the APN News & Media Premier Series, the concert features Mussorgsky’s Pictures at an Exhibition, Prokofiev’s Piano Concerto No.3 and Corigliano’s The Mannheim Rocket under the baton of APO Music Director, Eckehard... more>
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SBS Bank - All of New Zealand’s 15 provincial associations are expected to field teams and chase honours from defending champions North Harbour at the 33rd annual SBS Bank Golf Invitational in March. Officially recognised as the National Provincial Teams Stroke Play Championships by New Zealand Golf, the SBS Bank Golf Invitational is compulsory for all amateur golfers wishing to play for New Zealand. This year the invitational tees off on Friday 5 March at the SBS Bank Invercargill Golf Course, Otatara, with free entry to all public spectators. Day one will feature the Am Am tournament - A Four Ball Best Ball teams’ event where sponsors are drawn to play with the invited representative team players, in teams of ... more>
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Businesswire - There will be no land tax and no tax on imputed rental property income, Prime Minister John Key announced in his scene-setting speech kicking off the parliamentary year, this afternoon. While Key spoke more about what taxes wouldn't be applied than those that would, it appears removal of depreciation on buildings and ring-fencing of losses from residential rental property investments are still on the cards. "We will ... be making changes to the way property is taxed, which will result in increased government revenue and more fairness for taxpayers. These changes will be announced in the Budget." Removing depreciation allowances would advance the Crown's revenue flows by about $1.3 billion a year, last... more>
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Businesswire – Tower Ltd. expects changes in regulations for the insurance and financial services industries to be advantageous for its risk insurance and wealth management business, shareholders were told at their annual meeting. Tower has concentrated on its marketing initiatives and getting the basics right, said group managing director Rob Flannagan. Good growth has occurred across every one of Tower’s three businesses; health and life, general insurance and investments, with customer satisfaction and services levels remaining high – which in turn means retention rates are high. “There is substantial change in the wings with the regulatory environment for insurance and financial services ... more>
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UCOL From the Whanganui River to the Caribbean Sea Click to enlarge It’s a long way from the Whanganui River to the Caribbean Sea for Sam Mackey. The Whanganui River and the Caribbean Sea are half a world apart, but the distance has been dramatically reduced for 19 year old Whanganui UCOL student Sam Mackey. A graduate of the Certificate in Sports Performance (CESP) programme, Sam has recently started a dream job as personal fitness trainer on the Jewel of the Seas cruise liner in the exotic location. It is his first ‘real’ international travel experience. Sam admits his enrolment for the CESP at Whanganu... more>
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Article - Businesswire Deutsche Bank looks set to take stake in Craigs Investment PartnersBy Peter KerrFeb. 9 (BusinessWire) – New Zealand’s wholesale and retail investment banking scene looks set for another shakeup with German lender Deutsche Bank expected to purchase a stake in local share broking firm Craigs Investment Partners.Deutsche Bank may take a 20-to-30% stake in Craigs, allowing it to expand its presence beyond investment banking, asset management and private advice services. Deutsche’s top Asia executive Robert Rankin recently told the Financial Times that the bank intends to aggressively expand its equity capital markets and merger advisory services in Asia in order to increase regional revenues above four... more>
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Woosh - Former professional kayaker and award winning documentary filmmaker Polly Green announces her new film project documenting her return to white-water kayaking to pursue a world championship title that has eluded her in the past. At age 40, Green has decided to come out of sporting retirement to win the 2011 Freestyle White-water Kayaking World Championships. Raw and real, this will be an exploration of human potential and an adventure of self discovery. Green competed for 10 years on the professional white-water kayaking circuit. She placed 5th at the 2003 World Championships and walked away from the sport in 2005 to reinvent herself as filmmaker. Greens Production Company, Flair Films, aims to inspire, empower and... more>
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Businesswire – Business confidence has fallen since December, according to a Bank of New Zealand survey, amid signs the nation faces a rocky road out of recession. The BNZ’s survey of over 20,000 Weekly Overview readers indicates that a net 37% of respondents expect the economy will improve over the coming year. That’s down from December’s reading, which showed a net 43% expected better times this year. “Sentiment in most surveys soared from the middle of 2009 as a huge sigh of relief was expressed over avoidance of a Great Depression scenario,” said chief economist Tony Alexander. “Now more realism is setting in and we could easily see the recent downward trend in sentiment continue... more>
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Article - Businesswire Warehouse Group plans $100m mln sale of five-year bondsBy Peter KerrFeb. 9 (BusinessWire) – Warehouse Group Ltd. plans to raise $100 million by selling five-year bonds next month.New Zealand’s largest retailer intends to use the proceeds for a number of general corporate purposes including redemption of existing debt, extending the term of its debt, or placing the funds on deposit. The monies may also be used for investments, acquiring new businesses or funding a return of capital, it said in a statement today.In early January, Warehouse said sales over a nine week Christmas period had been flat, and that anticipated continued sales growth during that time didn’t materialize. Its management believe these... more>
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