Business

NZ Dollar Outlook: Kiwi may fall as US outlook brightens

25 May 2015 Business News
Article - BusinessDesk NZ Dollar Outlook: Kiwi may fall as greenback gains on improving economyBy Tina MorrisonMay 25 (BusinessDesk) - The New Zealand dollar is expected to head lower this week as traders bet... more

Nuplex projects 64% gain in Asia sales by 2018

25 May 2015 Business News
Article - BusinessDesk Nuplex projects 64% gain in Asia sales by 2018 as capacity expansion bears fruitBy Jonathan UnderhillMay 25 (BusinessDesk) - Nuplex Industries, which makes resins used in industrial... more

UPDATE: Contact shares rocket up on capital return plans

25 May 2015 Business News
Article - BusinessDesk UPDATE: Contact shares rocket up on capital return plansBy Pattrick SmellieMay 25 (BusinessDesk) - Contact Energy shares jumped more than 14 percent after the energy generator and... more

Methven lifts FY profit 21% as new China plant comes online

25 May 2015 Business News
Article - BusinessDesk Methven lifts annual profit 21% as new China plant comes onlineBy Suze MetherellMay 25 (BusinessDesk) - Methven, the NZX-listed tap and shower manufacturer and exporter, lifted annual... more

Evolve posts smaller FY loss than forecast

25 May 2015 Business News
Article - BusinessDesk Evolve posts smaller FY loss than forecast as settlements beat expectationsBy Paul McBethMay 25 (BusinessDesk) - Evolve Education Group, the childcare operator that listed in December,... more

Contact cans offshore plans, gives special dividend

25 May 2015 Business News
Article - BusinessDesk Contact cans offshore geothermal plans, gives 50cps special dividendBy Pattrick SmellieMay 25 (BusinessDesk) - Contact Energy has dropped any immediate plans to invest in offshore... more

KiwiSaver providing poor value for money, Treasury says

25 May 2015 Business News
Article - BusinessDesk KiwiSaver providing poor value for money, needs rewrite, Treasury saysBy Paul McBethMay 25 (BusinessDesk) - The Treasury recommended a wider review of the KiwiSaver scheme than just axing... more

NZ dollar falls after US inflation repport, Yellen speech

25 May 2015 Business News
Article - BusinessDesk NZ dollar falls as greenback strengthens after inflation report, Yellen speechBy Tina MorrisonMay 25 (BusinessDesk) - The New Zealand fell as the US dollar strengthened following signs of... more

MARKET CLOSE: NZ shares rise, led by Coats; Nuplex gains

22 May 2015 Business News
Article - BusinessDesk MARKET CLOSE: NZ shares rise, led by Coats; Nuplex gains on dividend liftBy Suze MetherellMay 22 (BusinessDesk) - New Zealand shares rose, led by Coats Group after it said earnings were... more

NZ dollar heads for 1.2% weekly decline

22 May 2015 Business News
Article - BusinessDesk NZ dollar heads for 1.2% weekly decline as rate cuts consideredBy Paul McBethMay 22 (BusinessDesk) - The New Zealand dollar is heading for a 1.2 percent weekly decline this week as... more

NZ wool prices jump to multi-year high at auction

22 May 2015 Business News
Article - BusinessDesk NZ wool prices jump to multi-year high at auction, amid strong exporter demandBy Tina MorrisonMay 22 (BusinessDesk) - New Zealand wool prices jumped to multi-year highs at auction even as... more

UPDATE: Ryman posts 24% rise in FY profit on values gain

22 May 2015 Business News
Article - BusinessDesk UPDATE: Ryman posts 24% gain in annual profit as property values, sales increase(Adds CFO comments starting in fifth paragraph, updates shares)By Tina MorrisonMay 22 (BusinessDesk) -... more

NZ consumer confidence slips in May

22 May 2015 Business News By Tina Morrison
May 22 (BusinessDesk) - New Zealand consumer confidence slipped in May as sentiment about current and future conditions eased. The ANZ-Roy Morgan consumer confidence index fell to 123.9 in May from 128.8 in... more

UPDATE: Comvita lifts FY profit 28% to record

22 May 2015 Business News
Article - BusinessDesk UPDATE: Comvita lifts FY profit 28% to record as Asian tourists help drive sales growth(Adds comment from CEO Hewlett)By Suze MetherellMay 22 (BusinessDesk) - Comvita, the Te Puke-based... more

Hellaby buys auto parts, truck servicing businesses

22 May 2015 Business News
Article - BusinessDesk Hellaby buys auto parts, truck servicing businesses for 'less than $25M'By Jonathan UnderhillMay 22 (BusinessDesk) - Hellaby Holdings, the diversified investment group, said it acquired... more

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News

NZ welcomes interception of IUU fishing vessels

23 May 2015 News
Foreign Minister Murray McCully has welcomed the news that two well-known illegal, unreported and unregulated (IUU) fishing vessels,... more

Archives New Zealand to rebuild Christchurch facility

22 May 2015 News
22 May 2015 The Budget confirms $6.1 million in operating funding over the next four years and $13 million of capital funding from... more

Business

NZ consumer confidence slips in May

22 May 2015 Business News By Tina Morrison
May 22 (BusinessDesk) - New Zealand consumer confidence slipped in May as sentiment about current and future conditions eased. The... more

Consumer NZ vs Qantas

20 May 2015 Business News
Article - BusinessDesk   Consumer NZ ramps up campaign to get Qantas's Jetstar to drop pre-ticked booking forms May 20... more

Living

NZ Surfer Daniel Kereopa in New Documentary

23 May 2015 Lifestyle
The pride and glory of winning The Ultimate Waterman is relived for Kiwi Daniel Kereopa in a documentary that went live online this... more

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

Property

New guidance on home construction

22 May 2015 Property
Building and Housing Minister Dr Nick Smith today released at the Certified Builders’ Association conference in Christchurch... more

Goodman Property lifts FY earnings 5.4% on revenue growth

20 May 2015 Property By Paul McBeth
  Goodman Property lifts FY earnings 5.4% on revenue growth, cost clamp down May 20 (BusinessDesk) - Goodman Property Trust,... 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

Border clearance levy to be introduced

21 May 2015 Travel & Tourism
New Zealand Government Hon Nathan GuyMinister for Primary IndustriesHon Nicky WagnerMinister of Customs 21 May 2015 Border clearance... more

Two new tourism projects to receive funding

20 May 2015 NZ Tourism
  Prime Minister and Tourism Minister John Key has today announced the Government is investing in two new tourism projects in... more

Sport

Lord's century for Kane Williamson

23 May 2015 Cricket
DAY THREE First Innings: England 389 (Root 98, Stokes 92, Buttler 67, Ali 58; Henry 4-93, Boult 4-79) v BLACKCAPS 523 (Guptill 70,... more

BLACKCAPS tour of England: First Test at Lord's Cricket Ground

22 May 2015 Cricket
First innings at stumps on Day One: England 354-7 in 90 overs (Root 98, Stokes 92, Buttler 67, Ali 49*; Henry 3-93 on Test debut) DAY... more

Columns

Gordon Campbell on Budget 2015

22 May 2015 Opinion By Gordon Campbell
From the outset, the slogan for yesterday’s Budget - “The Plan Is Working” – begged to be mocked.... more

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

Kiwi Success

Top biology student off to Denmark Olympiad

21 May 2015 People
Sixteen-year-old Waikato Dio student Nikita Lyons is one of four students representing New Zealand at the International Biology... more

New High Commissioner to Tonga

15 May 2015 Appointments
Foreign Minister Murray McCully has today announced diplomat Sarah Walsh as New Zealand’s new High Commissioner to... more

Recruitment

NZ's growing ICT sector drives more diverse economy: Joyce

15 May 2015 State of the Market Report By Paul McBeth
  NZ's growing ICT sector drives rapid economic diversification, Joyce says May 15 (BusinessDesk) - New Zealand's information... more

5,500 more doctors and nurses in our hospitals

15 May 2015 Recruitment
  Health Minister Jonathan Coleman says a record number of doctors and nurses are working in District Health Boards across the... more