Business

MARKET CLOSE: NZX 50 rises to record, led by Sky TV on rugby

24 Oct 2014 Business News
Article - BusinessDesk MARKET CLOSE: NZX 50 rises to record, led by Sky TV on rugby rights; Spark, Ebos gainBy Suze MetherellOct. 24 (BusinessDesk) - New Zealand shares advanced to a record for a third day, led... more

NZ dollar heads for 0.9% weekly drop

24 Oct 2014 Business News
Article - BusinessDesk NZ dollar heads for 0.9% weekly drop as inflation pushes out rate hike timeframeBy Paul McBethOct. 24 (BusinessDesk) - The New Zealand dollar is heading for a 0.9 percent weekly decline... more

Dorchester closes oversubscribed $30M capital raise

24 Oct 2014 Business News
Article - BusinessDesk Dorchester closes $30 million capital raise, applications exceed offerBy Suze MetherellOct. 24 (BusinessDesk) - Dorchester Pacific, the finance company midway through a takeover for... more

NZX says it doesn't know why shares have declined

24 Oct 2014 Business News
Article - BusinessDesk NZX says it doesn't know why shares have declinedBy Tina MorrisonOct. 24 (BusinessDesk) - NZX, the stock market operator, said it doesn't know why its share price has declined, in... more

Sky TV to launch $20/month subscription ondemand service

24 Oct 2014 Business News
By Fiona Rotherham Oct. 24 (BusinessDesk) - Sky Network Television, the country's dominant pay-TV operator, will launch a new $20 a month subscription video ondemand service, Neon, in December, targeting non-Sky... more

Cavalier shares drop 10% after profit warning

24 Oct 2014 Business News
Article - BusinessDesk Cavalier shares drop 10% after profit warningBy Paul McBethOct. 24 (BusinessDesk) - Shares of Cavalier Corp dropped 10 percent after the carpet maker warned it will probably miss earnings... more

Sky TV sees annual profit gain of up to 8.6% in 2015

24 Oct 2014 Business News
Article - BusinessDesk Sky TV sees annual profit gain of up to 8.6% in 2015, flags new ondemand serviceBy Paul McBethOct. 24 (BusinessDesk) - Sky Network Television, the country's dominant pay-TV operator, sees... more

Heartland NZ chief risk officer resigns

24 Oct 2014 Business News
Article - BusinessDesk Mark Mountcastle resigns as chief risk officer with Heartland New ZealandBy Suze MetherellOct. 24 (BusinessDesk) - Heartland New Zealand, the bank which formed after the merger of... more

DNZ revalues portfolio by $10.7 million

24 Oct 2014 Business News
Article - BusinessDesk DNZ revalues portfolio by $10.7 millionBy Suze MetherellOct. 24 (BusinessDesk) - DNZ Property Fund, the listed property investor, boosted its portfolio value by $10.7 million in the first... more

DNZ revalues portfolio up by $10.7 million

24 Oct 2014 Business News
Article - BusinessDesk DNZ revalues portfolio up by $10.7 millionBy Suze MetherellOct. 24 (BusinessDesk) - DNZ Property Fund, the listed property investor, boosted its portfolio value by $10.7 million in the... more

Sealegs turns first-half profit

24 Oct 2014 Business News
Article - BusinessDesk Sealegs turns first-half profit as local market drives sales, Brazil opens new doorsBy Paul McBethOct. 24 (BusinessDesk) - Sealegs Corp, which makes amphibious boats, turned a first-half... more

Jade chases growth of 30-50% for Master Terminal

24 Oct 2014 Business News
By Paul McBeth Oct. 23 (BusinessDesk) - Jade Software, which took its intelligence software developer Wynyard Group public last year, is chasing annual growth of between 30 and 50 percent from its Master Terminal... more

NZ trade deficit widens in Sept amid lower log, dairy prices

24 Oct 2014 Business News
Article - BusinessDesk NZ trade deficit widens in Sept as lower log, dairy prices weigh on exportsBy Suze MetherellOct. 24 (BusinessDesk) - New Zealand's monthly trade deficit widened more than expected in... more

NZ dollar drops to week-low as lower inflation seen weighing

24 Oct 2014 Business News
Article - BusinessDesk NZ dollar drops to week-low as lower inflation seen weighing on interest ratesBy Tina MorrisonOct. 24 (BusinessDesk) - The New Zealand dollar declined to a week-low after data yesterday... more

Auckland Airport's duty free told to drop the hard sell

23 Oct 2014 Business News
Article - BusinessDesk Auckland Airport's duty free retailers told to drop the hard sellBy Fiona RotherhamOct. 23 (BusinessDesk) - Auckland International Airport, the country’s main gateway, said it had talked... more

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News

New Zealand First Spokespersons Roles

24 Oct 2014 News
New Zealand First Members of ParliamentSpokespersons roles Rt Hon Winston PetersECONOMIC DEVELOPMENT, FINANCE, FOREIGN AFFAIRS,... more

Minister to attend TPP Ministers’ Meeting

24 Oct 2014 News
Trade Minister Tim Groser will depart today for Sydney to join Ministers from countries participating in the Trans-Pacific Partnership... more

Business

Sky TV to launch $20/month subscription ondemand service

24 Oct 2014 Business News
By Fiona Rotherham Oct. 24 (BusinessDesk) - Sky Network Television, the country's dominant pay-TV operator, will launch a new $20 a... more

Jade chases growth of 30-50% for Master Terminal

24 Oct 2014 Business News
By Paul McBeth Oct. 23 (BusinessDesk) - Jade Software, which took its intelligence software developer Wynyard Group public last... more

Living

Kiwi comics destroy world record for chart-topping podcast

24 Oct 2014 Lifestyle
  New Zealand comedians Guy Montgomery (Billy T winner, 7 Days) and Tim Batt (Radio Hauraki, 7 Days) have broken the world record... more

WW100 - why did NZ fight? Was it for democracy or empire?

20 Oct 2014 ANZAC By Charlotte Everett
On Thursday 16 October, the NZ-UK Link Foundation held their Inaugural Annual Lecture at the University of London’s Senate... more

Property

Reform of RMA critical to reforming housing affordability

15 Oct 2014 Property
The Resource Management Act needs to explicitly recognise the importance of New Zealanders’ access to more affordable housing... more

National Property Market Analysis

15 Oct 2014 Property
Auckland and Christchurch have recovered from the winter lull that is traditional in real estate, with written sales up and average... more

Migration

Migrants filliing employment gaps

22 Oct 2014 Migration
A stream of migrants has helped plug some of the gaps in New Zealand's steady employment growth. New data reveals migration numbers... more

UK Government: Indefinite Leave to Remain made simple

30 Sep 2014 Migration
There are thousands of expats living in the UK who are aiming for permanent residency status and, eventually, a British passport. But... more

Travel

NZ guest nights flat in August as foreign stays taper off

10 Oct 2014 Travel & Tourism By Paul McBeth
  By Paul McBeth Oct. 10 (BusinessDesk) - New Zealand guest nights were largely flat in August from a month earlier as a gain... more

Business tourism industry applauds Key's vision

6 Oct 2014 NZ Tourism
Conventions & Incentives New Zealand (CINZ) is welcoming news that Prime Minister John Key is to retain his Tourism portfolio... more

Sport

ActivePost junior cricketers have a go with BLACKCAPS heroes

24 Oct 2014 Cricket
  Hamilton’s youngest cricketers will take their talent to the pitch this long weekend for the ANZ One Day International... more

Sky TV signs conditional deal to renew rugby rights

24 Oct 2014 Rugby
By Tina Morrison Oct. 24 (BusinessDesk) - Sky Network Television, New Zealand's dominant pay-TV company, has signed a conditional... more

Columns

Gordon Campbell: tokenism of NZ‘s role against Islamic State

23 Oct 2014 Opinion By Gordon Campbell
Gordon Campbell on the tokenism of New Zealand‘s role against Islamic State Was John Key born lucky or what? Political... more

Gordon Campbell on New Zealand (again) in other peoples wars

16 Oct 2014 Opinion By Gordon Campbell
  Gordon Campbell on New Zealand getting involved (again) in other peoples wars Apparently, the Key government is still... more

Kiwi Success

Corban honoured by Institute of Directors

17 Oct 2014 Appointments
Institute Of Directors Local businessman Brian Corban was made a Distinguished Fellow of the Institute of Directors yesterday, in a... more

Kiwi Income Property reshuffles executive positions

13 Oct 2014 Appointments
Article - BusinessDesk   Kiwi Income Property reshuffles executive positions By Suze Metherell Oct. 13 (BusinessDesk) - Kiwi... more

Recruitment

VTNZ on top of workers' ratings

24 Oct 2014 Recruitment
The best workplaces have been named - and employees at the winning companies say communication, teamwork and a strong sense of values... more

Ngati Awa Cast Net Wide In Search For Commercial Leaders

9 Oct 2014 Recruitment
Te Runanga o Ngati Awa is widening its scope in the hunt for directors for the Whakatane based iwi authority’s commercial arm... more