Business

NZ dollar drops to 5-wk low vs. pound after upbeat UK employment report

17 Apr 2014 Business News By Tina Morrison
April 17 (BusinessDesk) – The New Zealand dollar dropped to a five-week low against the British pound after UK unemployment fell more than expected and wage growth accelerated, turning investor attention... more

MARKET CLOSE NZ shares up, Genesis debut sparks energy rally

17 Apr 2014 Business News
Article - BusinessDesk MARKET CLOSE NZ shares rise as Genesis debut sparks energy rally; Meridian, MRP, Contact gainBy Suze MetherellApril 17 (BusinessDesk) – New Zealand stock rose after shares in the... more

Supreme Court decision protects ‘outstanding landscapes'

17 Apr 2014 Business News
Article - BusinessDesk Landmark Supreme Court decision protects ‘outstanding landscapes’By Pattrick SmellieApril 17 (BusinessDesk) – The Supreme Court has upheld resource consents for three salmon farms to be... more

NZ dollar heads for 0.8% weekly fall before RBNZ rate review

17 Apr 2014 Business News
Article - BusinessDesk NZ dollar heads for 0.8% weekly fall as RBNZ rate review loomsBy Paul McBethApril 17 (BusinessDesk) - The New Zealand dollar is heading for a 0.8 percent fall in a shortened week ahead of... more

Air NZ says claims withdrawn as other airlines settle in Oz

17 Apr 2014 Business News
Article - BusinessDesk   Air New Zealand says claims withdrawn as other airlines settle over cargo cartel, seeks costs April 17 (BusinessDesk) – Air New Zealand says claims against it as part of a... more

AMP Capital selling kiwi dollar in expectation of decline

17 Apr 2014 Business News
Article - BusinessDesk AMP Capital selling kiwi dollar in expectation of declineBy Paul McBethApril 17 (BusinessDesk) - AMP Capital New Zealand, which manages more than $18 billion of assets, anticipates the... more

BNZ’s new CEO Healy expects benefit from expanding economy

17 Apr 2014 Business News
Article - BusinessDesk BNZ’s new CEO Healy expects benefit from expanding economy, targeted investmentBy Tina MorrisonApril 17 (BusinessDesk) - Bank of New Zealand’s incoming chief executive Anthony Healy... more

Genesis Energy soars on debut, other gen-taliers rise

17 Apr 2014 Business News By Suze Metherell
  Genesis Energy soars on debut, leading fellow energy companies higher April 17 (BusinessDesk) – Shares in the partially privatised Genesis Energy soared 18 percent at their debut listing on the NZX... more

‘Chipper’ kiwis push up consumer confidence in April

17 Apr 2014 Business News
Article - BusinessDesk ‘Chipper’ kiwis push up consumer confidence in April April 17 (BusinessDesk) - New Zealand consumer confidence rose in April as kiwis became more confidence about their own financial... more

Genesis shares stag 17% at listing, first trade at $1.81

17 Apr 2014 Business News
Article - BusinessDesk Genesis shares stag 17% at listing, first trade at $1.81April 17 (BusinessDesk) – Shares in the partially privatised Genesis Energy debuted on the NZX this afternoon, rising 26 cents, or... more

Dick Smith slows NZ sales decline in Q3

17 Apr 2014 Business News
Article - BusinessDesk Dick Smith slows NZ sales decline after shifting some functions to Australia, outsourcingApril 17 (BusinessDesk) – Dick Smith Holdings, the electronics retailer that went public last... more

Labour to double depreciation rate in targeted industries

17 Apr 2014 Business News
Article - BusinessDesk Labour to double depreciation rate in targeted industriesBy Pattrick SmellieApril 17 (BusinessDesk) – The major new element in the Labour Party’s manufacturing policy, announced today,... more

Depreciation, buy Kiwi-made in Labour manufacturing policy

17 Apr 2014 Business News
Article - BusinessDesk Accelerated depreciation, buy Kiwi-made core of Labour manufacturing policyBy Pattrick SmellieApril 17 (BusinessDesk) – The Labour Party has unveiled its pitch to the manufacturing... more

KiwiSaver tax rates need fixing, world’s ‘most punitive’

17 Apr 2014 Business News
Article - BusinessDesk KiwiSaver tax rates need fixing, world’s ‘most punitive’, says savings lobbyApril 17 (BusinessDesk) – New Zealand’s tax system heavily penalises KiwiSaver while offering massive tax... more

MARKET CLOSE: NZ shares gain on global rally; Diligent rises

16 Apr 2014 Business News By Suze Metherell
  MARKET CLOSE: NZ shares gain on global rally; Diligent, Pacific Edge lead gain April 16 (BusinessDesk) - New Zealand stocks joined a global rally as US company earnings growth lifted sentiment for equity ... more

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News

15,000 fewer people dependent on benefits

17 Apr 2014 News
New Zealand Government 15,000 fewer people dependent on benefits Social Development Minister Paula Bennett says the latest benefit ... more

Govt to establish Food Safety Science & Research Centre

16 Apr 2014 News
  Science and Innovation Minister Steven Joyce and Food Safety Minister Nikki Kaye today announced that expressions of interest... more

Business

Air NZ says claims withdrawn as other airlines settle in Oz

17 Apr 2014 Business News
Article - BusinessDesk   Air New Zealand says claims withdrawn as other airlines settle over cargo cartel, seeks costs April 17 ... more

Genesis Energy soars on debut, other gen-taliers rise

17 Apr 2014 Business News By Suze Metherell
  Genesis Energy soars on debut, leading fellow energy companies higher April 17 (BusinessDesk) – Shares in the partially... more

Living

The Taite Music Prize: IMNZ announces this years winner

17 Apr 2014 Entertainment
The winner of the fourth annual Taite Music Prize 2013 is Lorde for her album ‘Pure Heroine’ released on Universal Music... more

3 Mile Limit Movie Continues to Win Awards in the U.S

15 Apr 2014 Lifestyle
New Zealand movie ‘3 Mile Limit’ has won Best Feature Film at both the North Hollywood and Charleston International Film... more

Property

NZ house values rise at slowest annual pace in 6 months in March, QV says

7 Apr 2014 Property
April 7 (BusinessDesk) – New Zealand property values increased at the slowest annual pace in six months in March as lower... more

Auckland landlords lead in capital gains

28 Mar 2014 Property
Three-bedroom houses in Glen Innes giving an annual capital gain of 18.9%, followed by New Windsor. Auckland landlords are making... more

Migration

New working holiday agreement between New Zealand and Croatia launched

28 Mar 2014 Migration
Citizens of Croatia aged between 18 and 30 will soon be eligible to apply for a New Zealand Working Holiday Visa, giving them the... more

New Zealand immigration hits ten year high

28 Mar 2014 Migration
New statistics have shown net migration to New Zealand to be at a 10 year high, with China becoming the largest source of new... more

Travel

Chinese company to build $200M hotel on Auckland waterfront

16 Apr 2014 Travel & Tourism By Suze Metherell
  Company linked to one of China’s richest women to spend $200 mln on Auckland hotel April 16 (BusinessDesk) – Fu... more

SmartGate opens to arriving UK & US travellers

3 Apr 2014 Travel & Tourism
Customs Minister Maurice Williamson today announced SmartGate is now open to United Kingdom and American travellers on arrival. The... more

Sport

Dan Carter: All Blacks's goal is back-to-back World Cups

17 Apr 2014 Rugby By Oliver Brown
New Zealand No 10 is loving his sabbatical, including a trip to the Masters, however his only motive is to return fit and fresh for... more

Seeds March to Quarters at Skycity NZ Badminton Open

17 Apr 2014 Sport
TOP SEEDS CONTINUE MARCH TO QUARTER FINALS AT SKYCITY NZ BADMINTON OPEN Top seeds dominated in this morning’s 3rd round... more

Columns

Mind-set, meaning and moderation in optimal health

20 Apr 2014 Column By Tricia Alach
The holistic helper's guide to Wellness: Part Two   To misquote Aristotle ‘We are what we repeatedly do, wellness then is... more

Gordon Campbell: drone strikes & Judith Collins‘ last stand

17 Apr 2014 Opinion
Reportedly, US drone operators refer to their kills as "bug splat” - mainly because when the carnage is viewed on their... more

Kiwi Success

BNZ names Anthony Healy as new CEO, replacing Thorburn

17 Apr 2014 Appointments
April 17 (BusinessDesk) – Bank of New Zealand, the local unit of Australia’s third-biggest mortgage lender, named the... more

Kiwi alpinist is finalist for prestigious award

26 Mar 2014 People
NZ Alpine Club Kiwi alpinist is finalist for prestigious mountaineering award New Zealand Alpine Club President John Cocks has today... more

Recruitment

Growth seen further lifting average wage by $7,500

15 Apr 2014 Recruitment
  The average annual wage is expected to increase by $7,500 to around $62,200 a year by 2018 if New Zealand achieves its ... more

NZ employment confidence lifts in 1st-qtr

31 Mar 2014 Recruitment
Article - BusinessDesk   NZ employment confidence lifts in 1st-qtr, current job opportunities seen less negative March 31 ... more