Business

MARKET CLOSE: NZX 50 rises to record, led by Xero

22 Oct 2014 Business News
Article - BusinessDesk MARKET CLOSE: NZX 50 rises to record, led by Xero, Nuplex as volatility abatesBy Suze MetherellOct. 22 (BusinessDesk) - New Zealand shares rose to a record close, led by Xero, as... more

NZ dollar gains after Australian inflation higher

22 Oct 2014 Business News
Article - BusinessDesk NZ dollar gains after Australian inflation higher than expectedBy Paul McBethOct. 22 (BusinessDesk) - The New Zealand dollar rose after Australian inflation was a little higher than... more

NZ Super Fund encouraged to establish derivatives policy

22 Oct 2014 Business News
Article - BusinessDesk NZ Super Fund encouraged to bed in changes, set up derivatives policyBy Paul McBethOct. 22 (BusinessDesk) - The New Zealand Superannuation Fund, which was set up to partially cover the... more

Quattro IPO back on as it halves NZ property portfolio

22 Oct 2014 Business News
Article - BusinessDesk Quattro IPO back on as it halves NZ property portfolio, cuts capital raise by 28%By Suze MetherellOct. 22 (BusinessDesk) - Quattro Income REIT, an Australian asset management company, has... more

CORRECT: ACC FY profit more than halves as claims mount

22 Oct 2014 Business News
Article - BusinessDesk CORRECT: ACC annual profit more than halves as claims mount, investment returns disappoint(Fixes incorrect year earlier surplus in 2nd graph, claims paid in 4th graph)By Paul McBethOct.... more

Vector warns on $80M hit from falling electricity use: CEO

22 Oct 2014 Business News
Article - BusinessDesk Vector warns on $80 mln hit from falling electricity consumption, CEO saysBy Suze MetherellOct. 22 (BusinessDesk) - Vector, the Auckland lines company, says falling electricity... more

Orion private placements provide clue for IPO price

22 Oct 2014 Business News
Article - BusinessDesk Orion private placements provide clue for IPO priceBy Fiona RotherhamOct. 22 (BusinessDesk) - Recent issues of Orion Health Group shares to private investors provide clues to the issue... more

Fletcher drops to 2014 low as investors sell on guidance

22 Oct 2014 Business News
Article - BusinessDesk Fletcher shares drop to 2014 low as investors sell on guidanceBy Suze MetherellOct. 22 (BusinessDesk) - Shares of Fletcher Building, New Zealand's largest listed company, have fallen to... more

James Pascoe increases stake in Warehouse to 6.3%

22 Oct 2014 Business News
Article - BusinessDesk James Pascoe increases stake in out-of-favour Warehouse to 6.3%By Jonathan UnderhillOct. 22 (BusinessDesk) - James Pascoe, the retail group owned by David and Anne Norman, has added to... more

ACC annual profit more than halves as claims mount

22 Oct 2014 Business News
Article - BusinessDesk ACC annual profit more than halves as claims mount, investment returns disappointBy Paul McBethOct. 22 (BusinessDesk) - Accident Compensation Corp, the state-owned accident insurer,... more

UPDATE: Nuplex shares rise 3.9% on sale of ANZ units

22 Oct 2014 Business News
Article - BusinessDesk UPDATE: Nuplex shares rise 3.9% on sale of ANZ units to CHAMP backed company(Updates share price movement in lede, adds comment in third, fourth and fifth graph)By Suze MetherellOct. 22... more

Xero eyes possible A$1 billion float in US, media reports

22 Oct 2014 Business News
Article - BusinessDesk Xero eyes possible A$1 billion float in US, media reportsBy Suze MetherellOct. 22 (BusinessDesk) - Xero, the cloud-based accounting software company, is moving ahead with plans to list in... more

Seeka sees annual profit growth of up to 11%

22 Oct 2014 Business News
Article - BusinessDesk Seeka sees annual profit growth of up to 11%, planning for beefed-up capacityBy Paul McBethOct. 22 (BusinessDesk) - Seeka Kiwifruit Industries, the country's biggest kiwifruit grower,... more

Nuplex agrees to sell ANZ units to Champ for A$127.5 mln

22 Oct 2014 Business News
Article - BusinessDesk Nuplex agrees to sell ANZ units to Champ-backed company for A$127.5 mlnBy Suze MetherellOct. 22 (BusinessDesk) - Nuplex Industries, the specialty chemicals maker, agreed to sell two of... more

Jimmy Koh, KVB Kunlun fined, censured for NZX rule breaches

22 Oct 2014 Business News
Article - BusinessDesk Jimmy Koh, KVB Kunlun fined $65,000, censured for NZX rule breaches over Z, other IPOsBy Jonathan UnderhillOct. 22 (BusinessDesk) - KVB Kunlun New Zealand and its manager Chee Joo (Jimmy)... more

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News

NZ Labour Party Names Review Team

19 Oct 2014 Politics
New Zealand Labour Party Labour Names Review Team Labour’s New Zealand Council has appointed Bryan Gould as Convenor of its ... more

The Nation: RSA President BJ Clark & Ian Taylor, New NZ Flag

18 Oct 2014 News
The Nation Lisa Owen interviews RSA President BJ Clark and tech innovator Ian Taylor about changing the NZ flag Lisa Owen: Welcome... more

Business

Visiting Harvard Prof Bloom urges NZ to raise retirement age

17 Oct 2014 Business News By Suze Metherell
Oct. 17 (BusinessDesk) - New Zealand needs to lift its retirement age and take advantage of an adaptable workforce before it gets... more

Danone says court delay would cause injustice

15 Oct 2014 Business News By Tina Morrison
  Danone says court delay would cause injustice if Fonterra arbitration fails Oct. 15 (BusinessDesk) - Danone Asia Pacific... more

Living

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

A major win for organic New Zealand wine in the European Union

16 Oct 2014 Food & Wine
New Zealand’s organic wine industry has scored a major export victory with the announcement that the European Commission... 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

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

Migration boom rolls on as fewer kiwis depart

30 Sep 2014 Migration
New Zealand's annual net migration rose to a record in August, exceeding Treasury's forecasts, and spurred by more migrant arrivals... 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

Henare makes it three-in-a-row at Gisborne

19 Oct 2014 Sport
New Master Woolhandler Joel Henare continued an unbeaten start to the new shearing sports season with a triumphant homecoming in ... more

Te Iwi Kiwi jersey captures Pacific roots

17 Oct 2014 Rugby League
When the NZ Kiwis run onto Whangarei’s Toll Stadium for their Four Nations clash with Toa Samoa on November 1, they will pay ... more

Columns

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

Gordon Campbell: child poverty and Shearer’s latest outburst

15 Oct 2014 Opinion By Gordon Campbell
The politicisation of (a) the public service and (b) the operations of the Official Information Act have been highlighted by the ... 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

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

NZ's top pay packet revealed: $4.1m

30 Sep 2014 Recruitment
With a total pay package worth $4.1 million, ANZ New Zealand's David Hisco is the top-paid boss in the Business Herald's executive pay... more