Business

Greens elect James Shaw as new male co-leader

30 May 2015 Business News
Article - BusinessDesk Greens elect James Shaw as new male co-leaderBy Pattrick SmellieMay 30 (BusinessDesk) - First term Member of Parliament James Shaw has snatched the male co-leadership of the Green Party,... more

MARKET CLOSE: NZ shares rise led by F&P Healthcare, Nuplex

29 May 2015 Business News
Article - BusinessDesk MARKET CLOSE: NZ shares rise led by F&P Healthcare, NuplexBy Suze MetherellMay 29 (BusinessDesk) - New Zealand shares rose, led by Fisher & Paykel Healthcare after its annual... more

NZ dollar heads for 2.4% weekly drop

29 May 2015 Business News
Article - BusinessDesk NZ dollar heads for 2.4% weekly drop as Fed eyes rate hikes, questions loom over local economyBy Paul McBethMay 29 (BusinessDesk) - The New Zealand dollar is heading for a 2.4 percent... more

RBNZ will target property investment lending

29 May 2015 Business News
Article - BusinessDesk RBNZ to press ahead with plans to carve out property investment lendingBy Paul McBethMay 29 (BusinessDesk) - The Reserve Bank of New Zealand is pressing ahead with proposals to create a... more

NZ wool prices hold at elevated levels as volumes decline

29 May 2015 Business News
Article - BusinessDesk NZ wool prices hold at elevated levels as volumes declineBy Tina MorrisonMay 29 (BusinessDesk) - New Zealand wool prices remained elevated at auction this week, with lamb wool touching a... more

SeaDragon sinks into the red on rising factory cost

29 May 2015 Business News
Article - BusinessDesk SeaDragon sinks into the red as rising factory cost offsets surge in salesBy Paul McBethMay 29 (BusinessDesk) - SeaDragon, which manufactures fish oil for health supplements, sank into... more

Smartpay profit falls as Aussie customer quits on cab deal

29 May 2015 Business News
Article - BusinessDesk Smartpay profit falls 9.5% as foray into Aussie cab market costs it major contractBy Paul McBethMay 29 (BusinessDesk) - Smartpay Holdings, the listed payment terminal supplier, reported a... more

CPA Australia takes defamation action against rival NZ body

29 May 2015 Business News
Article - BusinessDesk CPA Australia takes defamation action against rival accounting body NZICABy Tina MorrisonMay 29 (BusinessDesk) - CPA Australia is taking defamation action against The New Zealand... more

Dorchester Property investors vote bid to dump manager

29 May 2015 Business News
Article - BusinessDesk Dorchester Property unitholders turn down a bid to dump managerBy Fiona RotherhamMay 29 (BusinessDesk) - Unitholders in the Dorchester Property Trust have rejected a resolution from one... more

NZ business confidence falls to lowest level since September

29 May 2015 Business News
Article - BusinessDesk NZ business confidence slides to lowest level since SeptemberBy Suze MetherellMay 29 (BusinessDesk) - New Zealand business confidence slid to its lowest level since the general election... more

Caniwi snaps up another Wellington student apartment complex

29 May 2015 Business News
Article - BusinessDesk Caniwi Capital snaps up another Wellington student apartment complexBy Pattrick SmellieMay 29 (BusinessDesk) - Wellington-based investment firm Caniwi Capital has paid $33.3 million to... more

Powerco's annual profit falls 20% as it pays more tax

29 May 2015 Business News
Article - BusinessDesk Powerco's annual profit falls 20% as it pays more taxBy Suze MetherellMay 29 (BusinessDesk) - Powerco, the energy lines company, reported a 20 percent drop in annual profit as it paid... more

UPDATE: F&P Healthcare says earnings will increase this year

29 May 2015 Business News
Article - BusinessDesk UPDATE: F&P Healthcare says earnings will increase further this year(Adds investor comment starting in fifth paragraph, updates shares)By Tina MorrisonMay 29 (BusinessDesk) - Fisher... more

UPDATE: F&P Healthcare says earnings will increase this year

29 May 2015 Business News
Article - BusinessDesk UPDATE: F&P Healthcare says earnings will increase further this year(Adds investor comment starting in fifth paragraph, updates shares)By Tina MorrisonMay 29 (BusinessDesk) - Fisher... more

Sealegs FY loss widens on restructuring costs, impairments

29 May 2015 Business News
Article - BusinessDesk Sealegs annual loss widens on restructuring costs, impairmentsBy Paul McBethMay 29 (BusinessDesk) - Sealegs Corp, the amphibious vehicle maker whose founder had to step in fill the vacant... more

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News

Minister to attend defence talks in Singapore

28 May 2015 News
Defence Minister Gerry Brownlee leaves today for Singapore to join his counterparts at the 14th annual Shangri-La... more

Waitangi signing commemorated 175 years on

26 May 2015 News
Horizons Regional Council Waitangi signing commemorated 175 years on A Rangitikei River stone monument commemorating a significant... more

Business

Reserve Bank unlikely to cut OCR next month: Westpac

28 May 2015 Business News
Article - BusinessDesk   Reserve Bank unlikely to cut OCR next month, line-ball on cut this year, Westpac says By Anna Lu May 28... more

Fonterra cuts this season's milk price by 10c, forecasts $5.

28 May 2015 Business News By Fiona Rotherham
  Fonterra cuts this season's milk price by 10c, forecasts $5.25/kgMS for 2015 May 28 (BusinessDesk) - Fonterra Cooperative... more

Living

NZ Surfer Daniel Kereopa in New Documentary

23 May 2015 Lifestyle
The pride and glory of winning The Ultimate Waterman is relived for Kiwi Daniel Kereopa in a documentary that went live online this... more

Britain remembers the ANZACs - 100 years on

25 Apr 2015 ANZAC By Charlotte Everett
100 years after allied forces landed in Gallipoli, 25 April – ANZAC Day – has been commemorated in the UK officially for... more

Property

New guidance on home construction

22 May 2015 Property
Building and Housing Minister Dr Nick Smith today released at the Certified Builders’ Association conference in Christchurch... more

Goodman Property lifts FY earnings 5.4% on revenue growth

20 May 2015 Property By Paul McBeth
  Goodman Property lifts FY earnings 5.4% on revenue growth, cost clamp down May 20 (BusinessDesk) - Goodman Property Trust,... more

Migration

Migrant exploitation Bill passed

30 Apr 2015 Migration
The Immigration Amendment Bill (No 2) which cracks down on employers who exploit migrant workers passed its final reading in... more

NZ migration hits new annual record in March

23 Apr 2015 Migration By Tina Morrison
April 23 (BusinessDesk) - New Zealand migration hit a new annual record in March, as more students arrived from India and China and... more

Travel

UPDATE: Bob Jones ejected from Air NZ flight

27 May 2015 Travel & Tourism By Pattrick Smellie
  UPDATE: Bob Jones ejected from Air NZ flight as passengers applaud (Corrects flight number to 421, adds passenger... more

Border clearance levy to be introduced

21 May 2015 Travel & Tourism
New Zealand Government Hon Nathan GuyMinister for Primary IndustriesHon Nicky WagnerMinister of Customs 21 May 2015 Border clearance... more

Sport

Grant Apologises for Unacceptable Behaviour

28 May 2015 Netball
Following a disciplinary hearing staged yesterday afternoon by the Trans Tasman Netball League (TTNL), operators of the ANZ... more

Kiwis Prepare to ‘Sprint’ Around Hyde Park

28 May 2015 Sport
London is the next stop on the ITU World Triathlon Series circuit and a host of New Zealanders will line up on the sprint course at... more

Columns

Gordon Campbell on the FIFA scandal , and similar dirty deal

28 May 2015 Opinion By Gordon Campbell
  Face it, it has been a very, very bad week for anyone who thinks that a) FIFA is a damn fine organisation run by guys who... more

Gordon Campbell on Budget 2015

22 May 2015 Opinion By Gordon Campbell
From the outset, the slogan for yesterday’s Budget - “The Plan Is Working” – begged to be mocked.... more

Kiwi Success

2015 Youth Awards winners announced

26 May 2015 People
Youth Minister Nikki Kaye today announced the recipients of the 2015 Youth Awards. Winners will be presented with awards at a... more

Top biology student off to Denmark Olympiad

21 May 2015 People
Sixteen-year-old Waikato Dio student Nikita Lyons is one of four students representing New Zealand at the International Biology... more

Recruitment

NZ employees rate work-life balance as top priority

26 May 2015 Press Releases By Anna Lu
  NZ employees rate work-life balance as top priority, while job seekers eye cash, survey shows May 26 (BusinessDesk) - New... more

NZ's growing ICT sector drives more diverse economy: Joyce

15 May 2015 State of the Market Report By Paul McBeth
  NZ's growing ICT sector drives rapid economic diversification, Joyce says May 15 (BusinessDesk) - New Zealand's information... more