Business

MARKET CLOSE: NZX 50 falls from record; MRP, Spark drop

29 Jan 2015 Business News
Article - BusinessDesk MARKET CLOSE: NZX 50 falls from record as investors shed yield stocks after RBNZ commentsBy Tina MorrisonJan. 29 (BusinessDesk) - New Zealand shares fell from a record after the Reserve... more

Fonterra's reduced milk volume forecast may help lift prices

29 Jan 2015 Business News
Article - BusinessDesk Fonterra's reduced milk volume forecast may help lift weak global prices, Westpac saysBy Fiona RotherhamJan. 29 (BusinessDesk) - Fonterra Cooperative Group’s 3.3 percent reduction in its... more

NZ dollar drops after RBNZ abandons bias to raise rates

29 Jan 2015 Business News By Jonathan Underhill
Jan. 29 (BusinessDesk) - The New Zealand dollar dropped, touching a four-year low, after the Reserve Bank abandoned its bias for raising interest rates and said a rate cut was a possibility. The kiwi fell to... more

NZ Oil & Gas to return $63.2M of excess cash

29 Jan 2015 Business News
Article - BusinessDesk NZ Oil & Gas to return $63.2M of excess cash to shareholders next monthBy Tina MorrisonJan. 29 (BusinessDesk) - New Zealand Oil & Gas, the listed energy explorer, will return... more

Americans the biggest buyers of NZ land since 2010: Linz

29 Jan 2015 Business News
Article - BusinessDesk Americans the biggest buyers of New Zealand land since 2010, Linz data showsBy Fiona RotherhamJan. 29 (BusinessDesk) - Americans have been the biggest buyers of New Zealand land in the... more

UPDATED: Briscoe considers customer loyalty programme

29 Jan 2015 Business News
Article - BusinessDesk UPDATED: Briscoe considers customer loyalty programme to stoke online sales, Duke says(Adds loyalty programme, comments from Duke)By Fiona RotherhamJan. 29 (BusinessDesk) - Briscoe... more

Fonterra drops forecast milk volumes by 3.3 percent

29 Jan 2015 Business News
Article - BusinessDesk Fonterra drops forecast milk volumes by 3.3 percent, reduces salesBy Fiona RotherhamJan. 29 (BusinessDesk) - Fonterra Cooperative Group, the world’s largest dairy exporter, reduced its... more

NZ venison, lamb ventures win $41 mln of funding under PGP

29 Jan 2015 Business News
Article - BusinessDesk NZ venison, lamb ventures targeting wealthy consumers win $41 mln of fundingBy Fiona RotherhamJan. 29 (BusinessDesk) - Two projects to develop premium markets for New Zealand venison and... more

NZ posts first trade deficit for December in 4 years

29 Jan 2015 Business News
Article - BusinessDesk NZ posts first trade deficit for December in 4 years, as aircraft inflate importsBy Tina MorrisonJan. 29 (BusinessDesk) - New Zealand posted its first trade deficit for a December month... more

NZ dollar drops to 4-year low as RBNZ shifts into neutral

29 Jan 2015 Business News
Article - BusinessDesk NZ dollar drops to 4-year low, swap rates fall after central bank shifts into neutralBy Jonathan UnderhillJan. 29 (BusinessDesk) - The New Zealand dollar tumbled to the lowest in almost... more

Briscoe lifts fourth quarter sales with aggressive discounts

29 Jan 2015 Business News
Article - BusinessDesk Briscoe Group lifts fourth quarter sales with aggressive discountingBy Fiona RotherhamJan. 29 (BusinessDesk) - Briscoe Group, which operates the Briscoes, Rebel Sports, and Living &... more

Reserve Bank sees OCR on hold ‘for some time’, could go ‘up

29 Jan 2015 Business News
Article - BusinessDesk Reserve Bank sees OCR on hold ‘for some time’, could go ‘up or down’ based on dataBy Jonathan UnderhillJan. 29 (BusinessDesk) - The Reserve Bank of New Zealand dropped its explicit... more

NZ dollar little changed after Fed as traders await RBNZ

29 Jan 2015 Business News
Article - BusinessDesk NZ dollar little changed after Fed as traders await RBNZ decisionBy Tina MorrisonJan. 29 (BusinessDesk) - The New Zealand dollar was little changed after the Federal Reserve reiterated... more

NZ Super Fund returns 13.89% in 2014, warns that may wane

28 Jan 2015 Business News
Article - BusinessDesk NZ Super Fund returns 13.89% in 2014, warns returns likely to waneBy Fiona RotherhamJan. 28 (BusinessDesk) - The New Zealand Superannuation Fund, the sovereign wealth fund set up to help... more

MARKET CLOSE: NZ shares rise; Heartland gains on profit lift

28 Jan 2015 Business News
Article - BusinessDesk MARKET CLOSE: NZ shares rise as Heartland gains on profit upgradeBy Paul McBethJan. 28 (BusinessDesk) - New Zealand shares rose to a new record, led by Heartland New Zealand after the... more

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News

Presbyterian Church to lead Waitangi Day dawn ceremony

29 Jan 2015 News
  Presbyterian Church to lead Waitangi Day dawn ceremony for first time For the first time in the history of the Presbyterian... more

Upwards NCEA trend continues

29 Jan 2015 News
New Zealand Government Upwards NCEA trend continues Education Minister Hekia Parata has welcomed the release of provisional results ... more

Business

NZ dollar drops after RBNZ abandons bias to raise rates

29 Jan 2015 Business News By Jonathan Underhill
Jan. 29 (BusinessDesk) - The New Zealand dollar dropped, touching a four-year low, after the Reserve Bank abandoned its bias for ... more

NZ govt to spend $650M on school upgrades, repairs in 2015

28 Jan 2015 Business News By Paul McBeth
Jan. 28 (BusinessDesk) - The New Zealand government expects to spend $650 million this year upgrading and maintaining its $8.32 ... more

Living

Te Papa marks 175th anniversary of signing of Treaty

28 Jan 2015 Lifestyle
Te Papa Te Papa marks 175th anniversary of signing of Treaty of Waitangi   Te Papa’s programme to mark the 175th ... more

Could That Wetland Photo Win You An Overseas Trip?

26 Jan 2015 Arts
Local entries into an international photo competition for young people to mark World Wetland Day are encouraged by Hawke’s Bay... more

Property

Housing affordability drops 14%, driven by Auckland prices

29 Jan 2015 Property
Article - BusinessDesk   Housing affordability drops 14%, driven by Auckland house price rises By Fiona Rotherham Jan. 29 ... more

Housing warning: It's an Ireland repeat

23 Jan 2015 Property
NZ expert sees factors behind Irish house crash happening here. Precisely the same factors that plunged Ireland into its housing... more

Migration

Free new Kiwi workshops return for fresh season

23 Jan 2015 Migration
Newcomer settlement support agency Auckland Regional Migrant Services (ARMS) is kick-starting the New Year with the return of its ... more

Overstayer numbers at record low

22 Dec 2014 Migration
Immigration Minister Michael Woodhouse welcomes new figures showing New Zealand overstayer numbers are at the lowest since 2000. A... more

Travel

Fifteen New Zealand spots to visit in 2015

23 Jan 2015 NZ Tourism
Need some inspiration for the year ahead? Here are some brilliant things to do around the country. 1. Crankworx The world's... more

Holiday parks making most of sunshine

22 Jan 2015 NZ Tourism
Holiday parks are reaping the benefits of the great holiday weather, starting the new year with record-equalling confidence... more

Sport

Equine industry joins GIA biosecurity agreement

26 Jan 2015 Equestrian
Primary Industries Minister Nathan Guy has welcomed a fourth primary industry to the GIA partnership today. The New Zealand Equine... more

Christy Prior Claims X Games Bronze Medal

26 Jan 2015 Sport
Aspen, USA, 25 January 2015 – Cardrona NZ snowboarder Christy Prior has this morning claimed New Zealand’s second medal... more

Columns

Gordon Campbell on the Sabin case, and pressures on Greece and coyotes

28 Jan 2015 Opinion By Gordon Campbell
  Brain fades are one thing, but the brain freeze that seems to have beset the Prime Minister over the Mike Sabin affair is... more

Gordon Campbell on Saudi Arabia and Islamic State

23 Jan 2015 Column
So the US has been holding talks in London this week with its 21 coalition allies, on how best to co-ordinate the military response... more

Kiwi Success

Xero names US-based Douglas Jeffries as CFO

29 Jan 2015 Appointments By Tina Morrison
Xero names US-based Douglas Jeffries as CFO as it targets North American market By Tina Morrison Jan. 29 (BusinessDesk) - Xero, the... more

New Zealand scientist receives top award in China

16 Jan 2015 People
Science and Innovation Minister Steven Joyce has welcomed the news that Kiwi scientist Dr Phil Rolston has been awarded the Chinese ... more

Recruitment

Tainui's Mike Pohio resigns

23 Jan 2015 Recruitment
By Fiona Rotherham Jan. 23 (BusinessDesk) - Mike Pohio, chief executive of Tainui Group Holdings, has resigned after eight years at... more

Manufacturing activity rises to decade high in December

22 Jan 2015 Recruitment
By Suze Metherell Jan. 22 (BusinessDesk) - Activity in New Zealand's manufacturing sector rose last month to its highest level in a... more