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

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 funding By Fiona Rotherham Jan. 29 (BusinessDesk) - Two projects to develop premium markets for New Zealand... 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

NZ dollar drops vs. Australian dollar after inflation data

28 Jan 2015 Business News
Article - BusinessDesk NZ dollar drops vs. Australian dollar after inflation data; Fed, RBNZ loomBy Jonathan UnderhillJan. 28 (BusinessDesk) - The New Zealand dollar dropped against the Australian dollar after... 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 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 funding By Fiona Rotherham Jan. 29... more

Living

Signing - Next amazing Exhibition at Academy Galleries

28 Jan 2015 Lifestyle
Academy Galleries Signing The New Zealand Academy of Fine Art’ latest exhibition is commemorating 175 years since the signing... more

‘Sunday’ Selected for Byron Bay International Film Festival

28 Jan 2015 Lifestyle
Sunday The Film Kiwi Romance ‘Sunday’ Selected for Byron Bay International Film Festival 2015 New Zealand film... more

Property

Americans the biggest buyers of NZ land since 2010: Linz

29 Jan 2015 Property
Article - BusinessDesk   Americans the biggest buyers of New Zealand land since 2010, Linz data shows By Fiona Rotherham Jan. 29... more

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

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

Mannering caps landmark year at NZRL Awards

29 Jan 2015 Rugby League
NZRL Mannering caps landmark year at NZRL Awards NZ skipper Simon Mannering has captured NZ rugby league’s top honour for... more

Mojo Pulse 2015 Pre-season Games Announced

29 Jan 2015 Netball
Netball Central Zone Mojo Pulse 2015 Pre-season Games Announced 29 January 2015 With only 30 days till the start of the 2015 ANZ... more

Columns

Gordon Campbell on the Eleanor Catton rumpus

29 Jan 2015 Column
Column - Gordon Campbell   Gordon Campbell on the Eleanor Catton rumpus by Gordon Campbell If anyone was in doubt about the... more

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

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