Business

Inflation target at 2% risks overheated economy, BNZ says

27 Mar 2015 Business News
Article - BusinessDesk Inflation target at 2% risks overheated economy, says BNZBy Pattrick SmellieMarch 27 (BusinessDesk) - Targeting 2 percent annual inflation could force the Reserve Bank of New Zealand to... more

NZ milk powder futures drop as Fonterra lifts GDT volumes

27 Mar 2015 Business News
Article - BusinessDesk NZ milk powder futures drop as Fonterra lifts GDT volumes, signalling prices will fallBy Tina MorrisonMarch 27 (BusinessDesk) - New Zealand whole milk powder futures dropped after... more

Hallenstein lifts profit 40% as it claws back market share

27 Mar 2015 Business News
Article - BusinessDesk Hallenstein lifts profit 40% as it claws back market shareBy Suze MetherellMarch 27 (BusinessDesk) - Hallenstein Glasson, the fast-fashion clothing chain, lifted first-half profit 40... more

GIC-Goodman Property JV to extend Auckland CBD footprint

27 Mar 2015 Business News
Article - BusinessDesk GIC-Goodman Property JV to extend Auckland CBD footprintBy Jonathan UnderhillMarch 27 (BusinessDesk) - Wynyard Precinct Holdings, a joint venture between Goodman Property Trust and... more

RESEND: NZX launches three new ETFs

27 Mar 2015 Business News
Article - BusinessDesk RESEND: NZX launches three new ETFs(Changes first paragraph to show combination with Superlife to happen this year)By Suze MetherellMarch 27 (BusinessDesk) - NZX's Smartshares unit, which... more

NZX launches three new ETFs

27 Mar 2015 Business News
Article - BusinessDesk NZX launches three new ETFsBy Suze MetherellMarch 27 (BusinessDesk) - NZX's Smartshares unit, which is being combined with new acquisition Superlife next year, is launching three more... more

NZ dollar reverses overnight gain on weaker dairy futures

27 Mar 2015 Business News
Article - BusinessDesk NZ dollar reverses overnight gain on weaker dairy price concernsBy Tina MorrisonMarch 27 (BusinessDesk) - The New Zealand dollar fell as dairy futures weakened, raising concern about the... more

ComCom likely to allow Cavalier, NZ Wool Services merger

26 Mar 2015 Business News
Article - BusinessDesk ComCom likely to allow Cavalier, NZ Wool Services to merge scouring operationsBy Suze MetherellMarch 26 (BusinessDesk) - The Commerce Commission is likely to allow Cavalier Wool Holdings... more

MARKET CLOSE: NZ shares fall, paced by Fletcher, Fonterra

26 Mar 2015 Business News
Article - BusinessDesk MARKET CLOSE: NZ shares fall, paced by Fletcher, Air NZ, FonterraBy Suze MetherellMarch 26 (BusinessDesk) - New Zealand shares fell, paced by Fletcher Building and Air New Zealand, as a... more

NZ dollar extends slide against euro as Yellen awaited

26 Mar 2015 Business News
Article - BusinessDesk NZ dollar extends slide against euro, greenback as Yellen speech awaitedMarch 26 (BusinessDesk) - The New Zealand dollar extended its slide against the euro after a stronger-than-expected... more

Update: Hotchin settles with Perpetual before appeal

26 Mar 2015 Business News
Article - BusinessDesk Update: Hotchin settles with Perpetual before appeal to draw trustees into FMA case(Updates with Guardian Trust argument, details of case history, reserved decision)By Suze MetherellMarch... more

NZX plans to launch equity options trading on April 24

26 Mar 2015 Business News
Article - BusinessDesk NZX plans to launch equity options trading on April 24By Tina MorrisonMarch 26 (BusinessDesk) - NZX, which operates New Zealand's stock market, plans to start offering equity options... more

NZ commercial property lending less risky now: RBNZ

26 Mar 2015 Business News
Article - BusinessDesk NZ commercial property lending less risky now due to lower debt fundingBy Fiona RotherhamMarch 26 (BusinessDesk) - The Reserve Bank said New Zealand’s $180 billion commercial property... more

SeaDragon signs new agreements for shark liver oil

26 Mar 2015 Business News
Article - BusinessDesk SeaDragon signs new agreements for shark liver oil; costs jump in Nelson refineryBy Jonathan UnderhillMarch 26 (BusinessDesk) - SeaDragon, which manufactures fish oil for health... more

Hotchin settles with Perpetual before Supreme Court hearing

26 Mar 2015 Business News
Article - BusinessDesk Update: Hotchin settles with Perpetual before appeal to draw into FMA case(Updates with settlement, Gedye's argument throughout, corrects QC reference)By Suze MetherellMarch 26... more

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News

McCully visits Iraq ahead of NZ deployment

24 Mar 2015 News
  Foreign Minister Murray McCully travelled to Baghdad yesterday for talks with Iraq’s Prime Minister Mr Haider al-Abadi... more

Trade Minister welcomes signing of NZ-Korea FTA

23 Mar 2015 News
New Zealand Government Trade Minister welcomes signing of NZ-Korea FTA Trade Minister Tim Groser today signed the New Zealand Korea... more

Business

NZ-Korea FTA signed amid spying, lost sovereignty claims

23 Mar 2015 Business News By Pattick Smellie
  NZ-Korea FTA signed amid spying, lost sovereignty claims March 23 (BusinessDesk) - A long-awaited free trade agreement... more

2degrees acquires Snap ISP for complete business offering

23 Mar 2015 Business News By Pattick Smellie
2degrees acquires Snap ISP for complete business offering March 23 (BusinessDesk) - 2Degrees, New Zealand's third-largest mobile... more

Living

2degrees lights up Auckland Harbour Bridge in World First

13 Mar 2015 Lifestyle
Fusing light, music, mobile and one of Auckland’s most recognisable landmarks together – 2degrees launched another Kiwi... more

Third Thursday Set to Groove

9 Mar 2015 Lifestyle
The sounds of legendary jazz musician Charles Mingus is set to raise the beat of Wellington’s waterfront on 19 March, when the... more

Property

NZ house prices rise 3.6% in February

12 Mar 2015 Property By Tina Morrison
  NZ house prices rise 3.6% in February, led by a 14% jump in Auckland prices March 12 (BusinessDesk) - New Zealand residential... more

Revealed: Auckland's cheapest suburbs

9 Mar 2015 Property
Many home buyers face long commute to Auckland jobs as they move to Wellsford, Pokeno and Hamilton. Only six areas of Auckland still... more

Migration

PM plays down claim war criminals are living in NZ

2 Mar 2015 Migration
Prime Minister John Key says he is not aware of any suspected war criminals from the former Yugoslavia in New Zealand. The claim that... more

NZ migration rose to record in 2014

30 Jan 2015 Migration By Tina Morrison
  NZ migration surged to record in 2014, helped by robust economy Jan. 30 (BusinessDesk) - New Zealand migration surged to a... more

Travel

Foss welcomes agreement for rental vehicle code

17 Mar 2015 Travel & Tourism
Associate Transport Minister Craig Foss is welcoming a move by the rental vehicle industry to establish a Code of Best Practice to... more

Productive discussions on Queenstown’s tourism workforce

6 Mar 2015 Travel & Tourism
Sustainable workforce solutions were at the centre of discussions between Government Ministers and tourism industry representatives... more

Sport

ICC World Cup 2015: Semi Final New Zealand beats South Africa by four wickets

24 Mar 2015 Cricket
New Zealand beats South Africa by four wickets. In... more

ICC Cricket World Cup Fever takes hold in New Zealand

24 Mar 2015 Cricket
Ahead of the first semi-final in the land of rugby, all talk is about cover drives and yorkers more

Columns

Gordon Campbell on Pacific spying

24 Mar 2015 Column By Gordon Campbell
  Gordon Campbell on Pacific spying, Obama as Spock and Kendrick Lamar So New Zealand has using the GCSB to spy on its friends ... more

STEPHEN FLEMING: SPIN AND THE FIFTH BOWLER JUST GIVE NEW ZEALAND THE EDGE

23 Mar 2015 Column
Both teams are playing with confidence and one look at the talent on show on either side means it has the potential to be a classic,... more

Kiwi Success

Tower names Seniors Money's Brett Wilson as CFO

18 Mar 2015 Appointments
  Tower names Seniors Money's Brett Wilson as CFO, replacing Boggs March 18 (BusinessDesk) - Tower, the listed general insurer,... more

Kiwi start-up Glassjar launches payments app in the US

6 Mar 2015 People
Glassjar, the kiwi software start-up whose app provides people an easy way of sharing bills, has launched in the United States. The... more

Recruitment

RESEND: 63% of Warehouse permanent staff now on career wage

20 Mar 2015 Recruitment By Fiona Rotherham
  RESEND: Warehouse says 63% of permanent staff now on 'career retailer wage' (Fixes fourth paragraph to show Warehouse is... more

Woodhouse welcomes skilled migrants

12 Mar 2015 Recruitment
Immigration Minister Michael Woodhouse welcomes new figures out today showing an increasing number of skilled migrants coming to ... more