Business

Restructure of Te Ohu Kaimoana throws up management worries

6 May 2015 Business News
Article - BusinessDesk Restructure of Te Ohu Kaimoana throws up management concernsBy Suze MetherellMay 6 (BusinessDesk) - Recommendations to restructure Te Ohu Kaimoana, giving iwi full control of Aotearoa... more

Weak dairy prices prompt pull back in Fonterra forecasts

6 May 2015 Business News
Article - BusinessDesk Weak dairy prices prompt analysts to pull back Fonterra forecast payout for next seasonBy Tina MorrisonMay 6 (BusinessDesk) - Weak global dairy prices have prompted analysts to pull back... more

Countdown lifts 3Q sales 5% on increased volumes

6 May 2015 Business News
Article - BusinessDesk Countdown lifts 3Q sales 5% on increased volumesBy Paul McBethMay 6 (BusinessDesk) - Countdown, the New Zealand supermarket chain owned by Australian retailer Woolworths, lifted... more

Briscoe increases first-quarter sales by 4.3%

6 May 2015 Business News
Article - BusinessDesk Briscoe increases 1Q sales by 4.3%, says profit tracking ahead of last yearBy Tina MorrisonMay 6 (BusinessDesk) - Briscoe Group increased first-quarter sales and margins across its... more

NZ wage inflation slows, adding to case for rate cut

6 May 2015 Business News
Article - BusinessDesk NZ wage inflation slows as expanding labour market drives participation to recordBy Paul McBethMay 6 (BusinessDesk) - New Zealand’s wage inflation slowed in the first three months of the... more

Delegat agrees to buy 838ha farm for $29.3M, extending footp

6 May 2015 Business News
Article - BusinessDesk Delegat agrees to buy 838ha farm for $29.3M, extending footprint in Hawkes BayBy Jonathan UnderhillMay 6 (BusinessDesk) - Delegat Group, New Zealand's largest listed wine company, has... more

NZ venture capital community still rebuilding: Garage Tech

6 May 2015 Business News
Article - BusinessDesk NZ venture capital community still rebuilding, Silicon Valley VC head saysBy Paul McBethMay 6 (BusinessDesk) - New Zealand's institutional venture capital community is still recovering... more

Mega listing falls through following delays

6 May 2015 Business News
Article - BusinessDesk Mega listing falls through on delays to shareholder approval for TRS dealBy Jonathan UnderhillMay 6 (BusinessDesk) - A deal for an NZX listing for Mega, the cloud-based file storage and... more

NZX share trading declines in April

6 May 2015 Business News
Article - BusinessDesk NZX share trading declines in AprilMay 6 (BusinessDesk) - The volume and value of cash trading on New Zealand's share market declined last month.The total number of trades fell 12 percent... more

First NZ Capital censured, fined after trading error

6 May 2015 Business News
Article - BusinessDesk First NZ Capital censured, fined after trying to fix up trading errorBy Paul McBethMay 6 (BusinessDesk) - First NZ Capital Securities, the research firm and broking house, has been... more

NZ dollar falls vs. Aussie after RBA removes easing bias

6 May 2015 Business News
Article - BusinessDesk NZ dollar falls to 8-week low vs. Aussie after RBA removes easing biasBy Tina MorrisonMay 6 (BusinessDesk) - The New Zealand dollar fell to an eight-week low against the Aussie as traders... more

Demand improving but most dairy product prices extend drop

6 May 2015 Business News
Article - BusinessDesk Demand improving but most dairy product prices extend dropMay 6 (BusinessDesk) - Dairy product prices slipped in the latest GlobalDairyTrade auction, with declines in milk powder and... more

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

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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