Business

MARKET CLOSE: NZ shares fall paced by Warehouse

27 Nov 2014 Business News
Article - BusinessDesk MARKET CLOSE: NZ shares fall paced by Warehouse; Air NZ gains on tumbling oil pricesBy Suze MetherellNov. 27 (BusinessDesk) - New Zealand shares fell, paced by Warehouse Group and Pumpkin... more

NZ dollar gains, benefiting from weaker euro, yen, pound

27 Nov 2014 Business News
Article - BusinessDesk NZ dollar gains, benefiting from weakness in other currenciesBy Paul McBethNov. 27 (BusinessDesk) - The New Zealand dollar rose as investors look to exit currencies where central banks... more

NZ dollar gains, benefiting from weaker euro, yen, pound

27 Nov 2014 Business News
Article - BusinessDesk NZ dollar gains, benefiting from weakness in other currenciesBy Paul McBethNov. 27 (BusinessDesk) - The New Zealand dollar rose as investors look to exit currencies where central banks... more

Opus trims executive structure in 'competitive market'

27 Nov 2014 Business News
Article - BusinessDesk Opus cuts four executive jobs as it restructures in 'competitive market'By Suze MetherellNov. 27 (BusinessDesk) - Opus International Consultants, the listed engineering firm, has trimmed... more

Mowbray struggles to stay afloat as $1.28M write-down weighs

27 Nov 2014 Business News
Article - BusinessDesk Mowbray struggles to stay afloat as $1.28 mln write-down weighs on profitabilityBy Suze MetherellNov. 27 (BusinessDesk) - Mowbray Collectables, the listed stamp and collectables dealer... more

UPDATE: Gentrack faces long-term game to win over investors

27 Nov 2014 Business News
Article - BusinessDesk UPDATE: Gentrack chairman says its a long-term game to win back investor confidence(Adds IPO cost detail in 2nd graph, clarifies shortfall to IPO forecast in 3rd graph)By Fiona... more

Chatham Rock, hoping for ruling before Xmas, widens 1H loss

27 Nov 2014 Business News
Article - BusinessDesk Chatham Rock, hoping for EPA ruling before Christmas, widens first-half lossBy Jonathan UnderhillNov. 27 (BusinessDesk) - Chatham Rock Phosphate, the company proposing to mine phosphate... more

Trilogy turns to 1H profit as Ecoya posts positive earnings

27 Nov 2014 Business News
Article - BusinessDesk Trilogy turns to a 1H profit as Ecoya posts positive earnings; shares jumpBy Tina MorrisonNov. 27 (BusinessDesk) - Trilogy International, the skincare and scented candle company, turned... more

Gentrack chairman says long-term game to win investors over

27 Nov 2014 Business News
Article - BusinessDesk Gentrack chairman says its a long-term game to win back investor confidenceBy Fiona RotherhamNov. 27 (BusinessDesk) - Gentrack Group chairman John Clifford said the software company’s... more

NZ posts trade deficit in October on falling dairy exports

27 Nov 2014 Business News
Article - BusinessDesk NZ posts trade deficit in October as dairy exports to China fallBy Suze MetherellNov. 27 (BusinessDesk) - New Zealand's posted its largest monthly trade deficit for October in six years,... more

Energy Mad narrows 1H loss; shifts focus to LED bulbs

27 Nov 2014 Business News
Article - BusinessDesk Energy Mad narrows first-half loss; shifts focus to LED bulbsBy Suze MetherellNov. 27 (BusinessDesk) - Energy Mad, the energy efficient lightbulb marketer, narrowed its first-half loss... more

Gentrack profit falls 49%, beating downgraded guidance

27 Nov 2014 Business News
Article - BusinessDesk Gentrack profit falls 49%, beating downgraded guidanceBy Fiona RotherhamNov. 27 (BusinessDesk) - Gentrack Group, which develops utilities and airports software, reported a 49 percent drop... more

Tower annual profit drops 32% from 2013 asset sales

27 Nov 2014 Business News
Article - BusinessDesk Tower annual profit drops 32% from 2013 asset sales, flags share buybackBy Paul McBethNov. 27 (BusinessDesk) - Tower, which sold its health, life, and investment units to focus on general... more

NZ dollar touches fresh 4-month high vs. A$

27 Nov 2014 Business News
Article - BusinessDesk NZ dollar touches fresh 4-month high vs. A$, breaks through key support levelBy Tina MorrisonNov. 27 (BusinessDesk) - The New Zealand dollar touched a fresh four-month high against the... more

MRP faced scaling up risk on several carbon credit contracts

27 Nov 2014 Business News
Article - BusinessDesk MRP faced scaling up risk on several carbon credit contracts, court hearsBy Fiona RotherhamNov. 27 (BusinessDesk) - A contractual dispute over carbon credits that MightyRiverPower is... more

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News

McCully attends NATO Foreign Ministers summit

27 Nov 2014 News
Foreign Minister Murray McCully travels to Brussels this weekend to attend the North Atlantic Treaty Organization (NATO) Foreign ... more

Household savings rate positive for five years

26 Nov 2014 News
New Zealand households have together saved more than they spent over the past five consecutive years – the first time this has... more

Business

Foreign Minister thanks outgoing Chief Executive

26 Nov 2014 Business News
New Zealand Government Foreign Minister thanks outgoing Chief Executive Foreign Minister Murray McCully today thanked outgoing MFAT... more

Extreme commute: From New Zealand to rural Iceland

18 Nov 2014 Business News
Every year, several dozen butchers make an epic commute - from provincial New Zealand to rural Iceland - for just two months' work.... more

Living

Hawaiian Voyagers Return to Reaffirm their Link with Maori

17 Nov 2014 Lifestyle
WAITANGI, New Zealand – When intrepid Hokulea crewmembers first sailed to Aotearoa (New Zealand) 29 years ago using the ... more

Sir Edmund Hillary Scholarship team in Round the Bridges

14 Nov 2014 Lifestyle
A University of Waikato Sir Edmund Hillary Scholarship team is set to compete in this Sunday’s Round the Bridges. The team of... more

Property

Property speculators targeted by IRD

27 Nov 2014 Property
Revenue Minister Todd McClay says Inland Revenue’s proactive strategy to track down those attempting to avoid paying tax is... more

More homes coming on board for Christchurch tenants

18 Nov 2014 Property
Social Housing Minister Paula Bennett is impressed with Housing New Zealand’s progress in building, redeveloping and repairing... more

Migration

NZ net migration rises to record in Oct as more kiwis return

24 Nov 2014 Migration By Suze Metherell
NZ net migration rises to fresh record in Oct as more kiwis return, Indian students arrive Nov. 24 (BusinessDesk) - New Zealand's... more

Australians & New Zealanders should be free to live & work in UK

3 Nov 2014 Migration
Australians and New Zealanders should be granted special status to live and work in the United Kingdom without restriction, a new... more

Travel

Doubling of flights between NZ and China

26 Nov 2014 Travel & Tourism
New Zealand Government Flights between New Zealand and China are set to double under amended air services arrangements, says ... more

NZ guest nights jump to a record in September on rise in international travelers

12 Nov 2014 Travel & Tourism By Tina Morrison
Nov. 12 (BusinessDesk) - New Zealand guest nights rose 1.1 percent to a record for a September month, driven by a rebound in ... more

Sport

Black Sox named for Oceania qualifier

27 Nov 2014 Sport
Hard work has been rewarded in the naming of the Golden Homes Black Sox softball team for next month’s ISF Oceania Qualifying ... more

ASB Classic Full Field welcomes five Top 30 players, and world number one doubles pair

26 Nov 2014 ASB Tennis
NZ Festival of TennisFeaturing some of the biggest names in world tennis, organisers of the ASB Classic are pleased to announce one... more

Columns

Gordon Campbell: govt arrogance, Ferguson & Police pursuits

27 Nov 2014 Opinion By Gordon Campbell
As anyone who’s ever encountered him around Parliament will verify, Chris Finlayson’s arrogance is matched only by his... more

Gordon Campbell on the inquiry on one case of dirty politics

26 Nov 2014 Opinion By Gordon Campbell
Suddenly, we’re awash in inquiries and reviews. (It feels almost as if the Greens won the last election.) Caught out by the... more

Kiwi Success

New Chair of Financial Markets Authority

26 Nov 2014 Appointments
New Zealand Government Commerce and Consumer Affairs Minister Paul Goldsmith today announced the appointment of Murray Jack as the... more

Dame Anne Salmond appointed Patron of Sail Training Trust

25 Nov 2014 Appointments
R.Tucker Thompson Sail Training Trust Dame Anne Salmond appointed Patron of Northland-based Sail Training Trust   Former New... more

Recruitment

Smiths City starts CEO search after Hellings signals exit

12 Nov 2014 Recruitment
Article - BusinessDesk   Smiths City starts search for new CEO after Hellings signals exit By Paul McBeth Nov. 12 (BusinessDesk)... more

More than 600 take up 3K to Christchurch jobs

28 Oct 2014 Recruitment
Social Development Minister Anne Tolley says the Government’s 3K to Christchurch scheme is a winner with 633 unemployed people... more