Business

UPDATE: Kathmandu shares slump on profit warning

2 Feb 2015 Business News
Article - BusinessDesk UPDATE: Kathmandu shares slump to 2 1/2 year low on profit warning(Adds investor comment starting in fifth paragraph, updates shares.)By Tina MorrisonFeb. 2 (BusinessDesk) - Kathmandu... more

Abano withdraws from lower North Island DHB pathology tender

2 Feb 2015 Business News
Article - BusinessDesk Abano walks away from lower North Island DHB pathology tenderBy Paul McBethFeb. 2 (BusinessDesk) - Abano Healthcare, the specialist medical investment firm, has quit its bid for pathology... more

David McLean gets top job at Westpac NZ

2 Feb 2015 Business News
Article - BusinessDesk David McLean gets top job at Westpac NZBy Paul McBethFeb. 2 (BusinessDesk) - Westpac Banking Corp has appointed David McLean as chief executive of its New Zealand unit, a position he has... more

Kathmandu shares slump to 2 1/2 year low on news of loss

2 Feb 2015 Business News
Article - BusinessDesk Kathmandu shares slump to 2 1/2 year low on news of first-half lossBy Tina MorrisonFeb. 2 (BusinessDesk) - Kathmandu Holdings stock slumped 18 percent to a two-and-a-half year low after... more

FMA looking into Pyne Gould's 2014 'profit'

2 Feb 2015 Business News
Article - BusinessDesk FMA looking into Pyne Gould's accounts after company says most of 2014 profit wasn't receivedBy Jonathan UnderhillFeb. 2 (BusinessDesk) - Pyne Gould Corp's 2014 accounts are being looked... more

Synlait cuts market milk price to $4.40/kgMS

2 Feb 2015 Business News
Article - BusinessDesk Synlait cuts market milk price to $4.40/kgMS, ups capital spendBy Fiona RotherhamFeb. 2 (BusinessDesk) - Synlait Milk, the listed dairy processor, has today cut its forecast market milk... more

Xero says customer sales rise 79% in first 9 months of FY15

2 Feb 2015 Business News
Article - BusinessDesk Xero says customer sales rise 79% in first 9 months of its financial yearBy Tina MorrisonFeb. 2 (BusinessDesk) - Xero, the cloud-based accounting firm, said customer sales are tracking 79... more

NZ dollar weakens as Chinese manufacturing slows

2 Feb 2015 Business News
Article - BusinessDesk NZ dollar weakens as Chinese manufacturing gauge shows contractionBy Tina MorrisonFeb. 2 (BusinessDesk) - The New Zealand dollar touched a fresh four-year low at the weekend on concern... more

MARKET CLOSE: NZ shares fall a second day as dollar weakens

30 Jan 2015 Business News
Article - BusinessDesk MARKET CLOSE: NZ shares fall a second day as dollar weakens; Spark dropsBy Jonathan UnderhillJan. 30 (BusinessDesk) - New Zealand shares fell for a second day as the kiwi dollar's slide... more

NZ dollar heads for 2.1% weekly drop on RBNZ's neutral bias

30 Jan 2015 Business News
Article - BusinessDesk NZ dollar heads for 2.1% weekly decline after RBNZ shifts bias to neutralBy Tina MorrisonJan. 30 (BusinessDesk) - The New Zealand dollar is headed for a 2.1 percent weekly decline against... more

NZ lamb wool price jumps to 3 1/2 year high on rising demand

30 Jan 2015 Business News
Article - BusinessDesk NZ lamb wool price jumps to 3 1/2 year high on increased demand By Tina MorrisonJan. 30 (BusinessDesk) - New Zealand lamb wool prices rose to a three-and-a-half year high at auctions this... more

Who will we follow in the Year of the Sheep?

30 Jan 2015 Business News
SenateSHJ Who will we follow in the Year of the Sheep?We have just published SenateSHJ’s Top 10 Predictions for 2015. This is an annual list of the trends and issues that we believe will shape how we do... more

NZ migration rose to record in 2014

30 Jan 2015 Business News
Article - BusinessDesk NZ migration surged to record in 2014, helped by robust economyBy Tina MorrisonJan. 30 (BusinessDesk) - New Zealand migration surged to a record in 2014 as more people relocated from... more

Equitise crowdfunding platform offers stock in Tourism Radio

30 Jan 2015 Business News
Article - BusinessDesk Equitise launches new crowdfunding platform raising money for Tourism RadioBy Fiona RotherhamJan. 30 (BusinessDesk) - Equitise, the country’s latest equity-crowdfunding platform, has... more

Orion shares fall to record low as billing delays dent sales

30 Jan 2015 Business News
Article - BusinessDesk Orion shares drop to record low on warning contract, billing delays will dent salesBy Tina MorrisonJan. 30 (BusinessDesk) - Orion Health Group shares fell to a record low after the... more

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News

Presbyterian Church to lead Waitangi Day dawn ceremony

29 Jan 2015 News
  Presbyterian Church to lead Waitangi Day dawn ceremony for first time For the first time in the history of the Presbyterian... more

Upwards NCEA trend continues

29 Jan 2015 News
New Zealand Government Upwards NCEA trend continues Education Minister Hekia Parata has welcomed the release of provisional results ... more

Business

NZ dollar drops after RBNZ abandons bias to raise rates

29 Jan 2015 Business News By Jonathan Underhill
Jan. 29 (BusinessDesk) - The New Zealand dollar dropped, touching a four-year low, after the Reserve Bank abandoned its bias for ... more

NZ venison, lamb ventures win $41 mln of funding under PGP

29 Jan 2015 Business News
Article - BusinessDesk   NZ venison, lamb ventures targeting wealthy consumers win $41 mln of funding By Fiona Rotherham Jan. 29... more

Living

Signing - Next amazing Exhibition at Academy Galleries

28 Jan 2015 Lifestyle
Academy Galleries Signing The New Zealand Academy of Fine Art’ latest exhibition is commemorating 175 years since the signing... more

‘Sunday’ Selected for Byron Bay International Film Festival

28 Jan 2015 Lifestyle
Sunday The Film Kiwi Romance ‘Sunday’ Selected for Byron Bay International Film Festival 2015 New Zealand film... more

Property

Americans the biggest buyers of NZ land since 2010: Linz

29 Jan 2015 Property
Article - BusinessDesk   Americans the biggest buyers of New Zealand land since 2010, Linz data shows By Fiona Rotherham Jan. 29... more

Housing affordability drops 14%, driven by Auckland prices

29 Jan 2015 Property
Article - BusinessDesk   Housing affordability drops 14%, driven by Auckland house price rises By Fiona Rotherham Jan. 29 ... more

Migration

Free new Kiwi workshops return for fresh season

23 Jan 2015 Migration
Newcomer settlement support agency Auckland Regional Migrant Services (ARMS) is kick-starting the New Year with the return of its ... more

Overstayer numbers at record low

22 Dec 2014 Migration
Immigration Minister Michael Woodhouse welcomes new figures showing New Zealand overstayer numbers are at the lowest since 2000. A... more

Travel

Fifteen New Zealand spots to visit in 2015

23 Jan 2015 NZ Tourism
Need some inspiration for the year ahead? Here are some brilliant things to do around the country. 1. Crankworx The world's... more

Holiday parks making most of sunshine

22 Jan 2015 NZ Tourism
Holiday parks are reaping the benefits of the great holiday weather, starting the new year with record-equalling confidence... more

Sport

Mannering caps landmark year at NZRL Awards

29 Jan 2015 Rugby League
NZRL Mannering caps landmark year at NZRL Awards NZ skipper Simon Mannering has captured NZ rugby league’s top honour for... more

Mojo Pulse 2015 Pre-season Games Announced

29 Jan 2015 Netball
Netball Central Zone Mojo Pulse 2015 Pre-season Games Announced 29 January 2015 With only 30 days till the start of the 2015 ANZ... more

Columns

Gordon Campbell on the Eleanor Catton rumpus

29 Jan 2015 Column
Column - Gordon Campbell   Gordon Campbell on the Eleanor Catton rumpus by Gordon Campbell If anyone was in doubt about the... more

Gordon Campbell on the Sabin case, and pressures on Greece and coyotes

28 Jan 2015 Opinion By Gordon Campbell
  Brain fades are one thing, but the brain freeze that seems to have beset the Prime Minister over the Mike Sabin affair is... more

Kiwi Success

Xero names US-based Douglas Jeffries as CFO

29 Jan 2015 Appointments By Tina Morrison
Xero names US-based Douglas Jeffries as CFO as it targets North American market By Tina Morrison Jan. 29 (BusinessDesk) - Xero, the... more

New Zealand scientist receives top award in China

16 Jan 2015 People
Science and Innovation Minister Steven Joyce has welcomed the news that Kiwi scientist Dr Phil Rolston has been awarded the Chinese ... more

Recruitment

Tainui's Mike Pohio resigns

23 Jan 2015 Recruitment
By Fiona Rotherham Jan. 23 (BusinessDesk) - Mike Pohio, chief executive of Tainui Group Holdings, has resigned after eight years at... more

Manufacturing activity rises to decade high in December

22 Jan 2015 Recruitment
By Suze Metherell Jan. 22 (BusinessDesk) - Activity in New Zealand's manufacturing sector rose last month to its highest level in a... more