Business

MARKET CLOSE: NZ stocks rise, ANZ, Fletcher gain

5 May 2015 Business News
Article - BusinessDesk MARKET CLOSE: NZ stocks rise, ANZ, Fletcher gainBy Suze MetherellMay 5 (BusinessDesk) - New Zealand shares rose, paced by Australia and New Zealand Banking Group after it reported its... more

RBA cuts cash rate to 2%, omits comment on further cuts

5 May 2015 Business News
Article - BusinessDesk (Fixes prior price in 2nd graph)RBA cuts cash rate to 2%, omits comment on further cutsBy Jonathan UnderhillMay 5 (BusinessDesk) - The Reserve Bank of Australia cut its cash rate to a... more

RBA cuts cash rate to 2%, omits comment on further cuts

5 May 2015 Business News
Article - BusinessDesk RBA cuts cash rate to 2%, omits comment on further cutsBy Jonathan UnderhillMay 5 (BusinessDesk) - The Reserve Bank of Australia cut its cash rate to a record low, as expected, while... more

NZX milk powder futures point to 5th decline in GDT auction

5 May 2015 Business News
Article - BusinessDesk NZX milk powder futures point to 5th successive decline in looming GDT auctionBy Tina MorrisonMay 5 (BusinessDesk) - New Zealand whole milk powder future contracts weakened this morning... more

NZ new commercial vehicle sales hit a record for April

5 May 2015 Business News
Article - BusinessDesk NZ new commercial vehicle sales hit a record for AprilBy Tina MorrisonMay 5 (BusinessDesk) - New Zealand sales of new commercial vehicles hit a record for April amid strong demand from... more

Smaller DIMS investment managers get accounts exemption

5 May 2015 Business News
Article - BusinessDesk Smaller DIMS investment managers get exemption from filing GAAP-compliant accounts, auditsBy Jonathan UnderhillMay 5 (BusinessDesk) - The Financial Markets Authority has approved... more

Auckland house prices climb to $804,000, Barfoot says

5 May 2015 Business News
Article - BusinessDesk Auckland house prices climb to $804,000 as sales volumes drop in April, Barfoot saysBy Suze MetherellMay 5 (BusinessDesk) - Auckland house prices climbed to a fresh record last month,... more

ANZ Bank's NZ unit posts 1% increase in 1H earnings

5 May 2015 Business News
Article - BusinessDesk ANZ Bank's NZ unit posts 1% increase in 1H earnings as impairment charges weighBy Paul McBethMay 5 (BusinessDesk) - Australia & New Zealand Banking Group's New Zealand division... more

Fletcher reiterates FY operating earnings guidance

5 May 2015 Business News
Article - BusinessDesk Fletcher reiterates FY operating earnings guidance at lower end of $650M to $690M rangeBy Jonathan UnderhillMay 5 (BusinessDesk) - Fletcher Building, whose shares have missed the rally on... more

NZ dollar slips vs. Aussie ahead of RBA rate decision

5 May 2015 Business News
Article - BusinessDesk NZ dollar slips vs. Aussie ahead of RBA interest rate decisionBy Tina MorrisonMay 5 (BusinessDesk) - The New Zealand dollar edged lower against the Aussie as traders position themselves... more

NZ next cab off the rank to close Gulf states FTA, Key says

4 May 2015 Business News
Article - BusinessDesk NZ next cab off the rank to close Gulf states FTA, PM Key saysBy Paul McBethMay 4 (BusinessDesk) - New Zealand should be the next cab off the rank in securing a long-awaited free-trade... more

MARKET CLOSE: NZ shares fall, paced by Contact, Meridian

4 May 2015 Business News
Article - BusinessDesk MARKET CLOSE: NZ shares fall, paced by Contact, Meridian, MRPBy Suze MetherellMay 4 (BusinessDesk) - New Zealand shares fell, paced by Contact Energy, Meridian Energy and MightyRiverPower... more

NZ dollar falls ahead of busy week for jobs data, dairy, RBA

4 May 2015 Business News
Article - BusinessDesk NZ dollar falls ahead of busy week for labour data, dairy, RBABy Jonathan UnderhillMay 4 (BusinessDesk) - The New Zealand dollar fell at the start of what may be a bumpy week for currency... more

F&P Appliances considers selling finance unit

4 May 2015 Business News
Article - BusinessDesk F&P Appliances considers selling finance unit as potential buyers emergeBy Suze MetherellMay 4 (BusinessDesk) - Fisher & Paykel Appliance Holdings, the Auckland-based manufacturer... more

Warehouse may offer $125M of 5-year fixed-rate bonds

4 May 2015 Business News
Article - BusinessDesk Warehouse may offer $125M of 5-year fixed-rate bondsBy Tina MorrisonMay 4 (BusinessDesk) - Warehouse Group, New Zealand's largest listed retailer, may sell as much as $125 million of... more

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News

New Zealand Prime Minister welcomes Royal baby

3 May 2015 News
Prime Minister John Key has congratulated Their Royal Highnesses, The Duke and Duchess of Cambridge, on the birth of their second... more

Waikato-Tainui Commemorates 20 Years of Raupatu Settlement

30 Apr 2015 News
  2015 marks the 20th anniversary of Waikato-Tainui settling its Treaty of Waitangi Raupatu claim and the iwi is encouraging... more

Business

Dotcom et al get three-month reprieve on extradition hearing

1 May 2015 Business News By Paul McBeth
May 1 (BusinessDesk) - Internet entrepreneur Kim Dotcom and his fellow Megaupload co-accused have won a three-month reprieve on... more

Migration curbs, tweaked inflation target not warranted

1 May 2015 Business News By Pattrick Smellie
  Migration curbs, tweaked inflation target not warranted, says English May 1 (BusinessDesk) - The government is not... more

Living

Britain remembers the ANZACs - 100 years on

25 Apr 2015 ANZAC By Charlotte Everett
100 years after allied forces landed in Gallipoli, 25 April – ANZAC Day – has been commemorated in the UK officially for... more

A Kiwi's guide to ANZAC in Europe - our list of events across the UK, Ireland and beyond

24 Apr 2015 ANZAC By Charlotte Everett
Tomorrow marks the 100th ANZAC Day, and if you are a Kiwi or Aussie far from home there are plenty of events on to enable you both to... more

Property

NZ building consents rise in March, snapping declines

30 Apr 2015 Property By Paul McBeth
April 30 (BusinessDesk) - New Zealand building consents rose in March, snapping three months of declines, with increased intentions... more

More foundation options for Canterbury homeowners

29 Apr 2015 Property
Building and Housing Minister Dr Nick Smith has welcomed the update to the technical guidance,Repairing and rebuilding houses... more

Migration

Migrant exploitation Bill passed

30 Apr 2015 Migration
The Immigration Amendment Bill (No 2) which cracks down on employers who exploit migrant workers passed its final reading in... more

NZ migration hits new annual record in March

23 Apr 2015 Migration By Tina Morrison
April 23 (BusinessDesk) - New Zealand migration hit a new annual record in March, as more students arrived from India and China and... more

Travel

Air NZ's Houston link paves way for United Airlines tie-up

17 Apr 2015 Travel & Tourism By Fiona Rotherham
  Air NZ's Houston service paves the way for partnership with United Airlines, analysts say April 17 (BusinessDesk) - Air New... more

Wellington Airport revised fees 'just within' OK range

17 Apr 2015 Travel & Tourism By Tina Morrison
  Wellington Airport's revised fees are 'just within' acceptable range of returns, regulator says April 17 (BusinessDesk) -... more

Sport

Netball: Ascot Park Hotel Southern Steel defeat Mojo Pulse

3 May 2015 Netball
ANZ Championship Netball Ascot Park Hotel Southern Steel (50) defeated Mojo Pulse (49) A youthful Ascot Park Hotel Southern Steel... more

ANZ Championship: Official Result & Statistics

2 May 2015 Netball
Official Result: Mission Queensland Firebirds (56) defeated West Coast Fever (48) The Mission Queensland Firebirds have inflicted... more

Columns

Gordon Campbell Key’s abuse of secrecy over Iraq & The TPP

30 Apr 2015 Opinion By Gordon Campbell
  For the past week or so we’ve been hearing a lot about the child-like side of our Prime Minister. So I guess we... more

Gordon Campbell on Indonesia’s latest round of executions

29 Apr 2015 Opinion By Gordon Campbell
To no-one’s real surprise, Indonesia has carried out its second wave of executions this year. Given the varied nationalities... more

Kiwi Success

Simon Allen appointed chair of New Zealand Refining

30 Apr 2015 Appointments By Paul McBeth
April 30 (BusinessDesk) - Simon Allen has been elected chairman of New Zealand Refining Co, which operates the Marsden Point... more

Former Transpower head Patrick Strange joins NZX board

30 Apr 2015 Appointments By Suze Metherell
April 30 (BusinessDesk) - Former Transpower chief executive Patrick Strange has joined the board of the stock market operator,... more

Recruitment

Apprenticeship scheme launched

18 Apr 2015 Recruitment
The He Toki ki te Mahi Apprenticeship Training Trust was launched by Prime Minister, the Rt Hon John Key at Rehua Marae in ... more

Chinese rail workers must be paid minimum wage

17 Apr 2015 Recruitment
KiwiRail must immediately stop further Chinese engineers from working here until they can guarantee they are being paid the New... more