Business

UPDATE:Southern Cross Forest lures foreign, local interest

24 Apr 2014 Business News
Article - BusinessDesk UPDATE Southern Cross Forest attracts foreign, local interest, receiver says(Adds additional comment from receiver)By Paul McBethApril 24 (BusinessDesk) - Financially stricken wood... more

Southern Cross Forest receiver to close mill, exit Australia

24 Apr 2014 Business News
Article - BusinessDesk Southern Cross Forest receiver to close sawmill, wind up Australian businessApril 24 (BusinessDesk) - The receiver for Southern Cross Forest Products plans to shut one of the failed wood... more

Brownlee takes hard-hitting rebuild report on the chin

24 Apr 2014 Business News
Article - BusinessDesk Brownlee takes hard-hitting rebuild report on the chinApril 24 (BusinessDesk) – An in-depth survey of senior leaders in the Christchurch rebuild indicates growing impatience and serious... more

CORRECT: Chorus faces up to $10 mln earnings hit in 2014

24 Apr 2014 Business News
Article - BusinessDesk CORRECT: Chorus faces up to $10 mln earnings hit in 2014 from latest regulator pricing decision(Corrects direction of price movement in first paragraph)By Paul McBethApril 24... more

FMA joins probe into interest rate swap sales to farmers

24 Apr 2014 Business News
Article - BusinessDesk FMA investigates whether banks breached financial markets laws on interest rate swaps to farmersApril 24 (BusinessDesk) – The Financial Markets Authority, New Zealand’s markets watchdog,... more

Chorus faces up to $10 mln earnings hit in 2014

24 Apr 2014 Business News
Article - BusinessDesk Chorus faces up to $10 mln earnings hit in 2014 from latest regulator pricing decisionBy Paul McBethApril 24 (BusinessDesk) - Chorus, the telecommunications network operator, expects 2014... more

Abano mulls rebel shareholder request for meeting

24 Apr 2014 Business News
Article - BusinessDesk Abano mulls rebel shareholder request for meeting, affirms support for JanesBy Suze MetherellApril 24 (BusinessDesk) – Abano Healthcare Group is mulling the extraordinary general meeting... more

Wheeler hikes OCR to 3% on inflationary pressures, eyes kiwi

24 Apr 2014 Business News
Article - BusinessDesk Wheeler hikes OCR to 3% on inflationary pressures, eyes kiwi influence on import pricesBy Paul McBethApril 24 (BusinessDesk) – Reserve Bank governor Graeme Wheeler lifted the official... more

NZ dollar little changed before RBNZ interest rate decision

24 Apr 2014 Business News
Article - BusinessDesk NZ dollar little changed before RBNZ interest rate decision as traders mull outlookBy Tina MorrisonApril 24 (BusinessDesk) – The New Zealand dollar was little changed ahead of the Reserve... more

Hutson, Reeves seek SGM to vote on Janes ousting from Abano

23 Apr 2014 Business News
Article - BusinessDesk Hutson, Reeves seek special meeting to vote on Janes ousting from AbanoApril 23 (BusinessDesk) - Abano Healthcare shareholders Peter Hutson and James Reeves invoked their rights under the... more

MARKET CLOSE: NZ shares rise on election speculation

23 Apr 2014 Business News
Article - BusinessDesk MARKET CLOSE: NZ shares rally on election speculation, MRP, Contact, Vector rise; Xero leads gainersBy Suze MetherellApril 23 (BusinessDesk) – New Zealand stocks rose as a front bench... more

NZ dollar climbs to 2-week high vs. A$ on Aust CPI

23 Apr 2014 Business News
Article - BusinessDesk NZ dollar climbs to 2-week high vs. A$ as Australian inflation misses forecast, RBNZ loomsBy Paul McBethApril 23 (BusinessDesk) - The New Zealand dollar rose to a two-week high against... more

Equity crowd funding carries risks, high failure rate

23 Apr 2014 Business News
Article - BusinessDesk   Equity crowd funding, latest step in much-hyped social capital, carries risks, high failure rate By Suze Metherell April 23 (BusinessDesk) – Equity crowd funding, which became... more

McDonald’s NZ annual sales rise 5.8%

23 Apr 2014 Business News
Article - BusinessDesk McDonald’s NZ lifts annual sales by 5.8% in year of Georgie Pie relaunchBy Jonathan UnderhillApril 22 (BusinessDesk) – McDonald’s Restaurants (New Zealand), the local arm of the world’s... more

Millennium & Copthorne mulls capital return

23 Apr 2014 Business News
Article - BusinessDesk Millennium & Copthorne mulls capital return if First Sponsor float proceedsBy Paul McBethApr. 23 (BusinessDesk) - Millennium & Copthorne Hotels New Zealand, which operates 22... more

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News

East Coast Iwi concerned over future of country’s oldest wharenui

23 Apr 2014 News
An East Coast iwi says they are concerned the Crown has not made good on its promise to return their wharenui – the oldest... more

EU/NZ renewable energy mission to the Pacific

22 Apr 2014 News
Foreign Affairs Minister Murray McCully and the European Commissioner for Development Mr Andris Piebalgs depart tomorrow on a... more

Business

Equity crowd funding carries risks, high failure rate

23 Apr 2014 Business News
Article - BusinessDesk   Equity crowd funding, latest step in much-hyped social capital, carries risks, high failure rate By... more

NZ dollar edges up as RBNZ rate review eyed

22 Apr 2014 Business News By Paul McBeth
  NZ dollar edges up as local trading resumes, RBNZ rate review eyed April 22 (BusinessDesk) - The New Zealand dollar edged up... more

Living

NZ film wins mention at Sunset film festival

22 Apr 2014 Entertainment
Film and Stage Producer/Director Craig Hutchison, is pleased to be representing New Zealand at the Sunset Film Festival in Los ... more

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

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

NZ migration rises to 11-year high in March as fewer kiwis leave for Australia

23 Apr 2014 Migration By Suze Metherell
April 23 (BusinessDesk) – New Zealand migration rose to an 11-year high in March, the second-highest gain on record, as fewer... more

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

Travel

Germany jumps to NZ’s fifth largest tourism market

23 Apr 2014 NZ Tourism
With 9,424 extra arrivals for the 12 months to the end of March, Germany has overtaken Japan to become New Zealand’s fifth... more

Warbirds over Wanaka

22 Apr 2014 Travel & Tourism
Wanaka: The success of the inaugural #GigatownWanaka Jet racing at the Warbirds Over Wanaka Airshow will likely see the event return... more

Sport

NZ Canoe Sprint Team Heads to Milan for World Cup

22 Apr 2014 Sport
The New Zealand Open team departs today to commence their World Cup campaign in Europe. Their first assault will be on the ICF Canoe... more

Top Results for Kiwi youth sailors in Britain

22 Apr 2014 Sport
New Zealand has won a mass of medals at the RYA Youth National Championships Regatta which wrapped up on Friday 18th April in... more

Columns

Gordon Campbell on the Shane Jones departure

23 Apr 2014 Opinion By Gordon Campbell
Shane Jones has left Parliament in the manner to which we have become accustomed, with self interest coming in first and second, and... more

Mind-set, meaning & 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

Kiwi Success

New Inspector-General of Intelligence and Security appointed

23 Apr 2014 Appointments
Prime Minister John Key today announced the appointment of Cheryl Gwyn as Inspector-General of Intelligence and Security. The... more

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

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