Business

MARKET CLOSE: NZX 50 rises to a record; MRP, Meridian gain

23 Jan 2015 Business News
By Suze Metherell Jan. 23 (BusinessDesk) - New Zealand shares rose in a global rally, paced by Genesis Energy, Meridian Energy and MightyRiverPower, as investors sought income-paying investments in a globally... more

NZ dollar heads for 3.5% weekly drop as US economy shines

23 Jan 2015 Business News
By Paul McBeth Jan. 23 (BusinessDesk) - The New Zealand dollar is heading for a 3.5 percent weekly decline against the greenback as the strength of the US economy was reinforced by Europe's central bank rolling... more

TeamTalk revises 1H profit expectations down on poor trading

23 Jan 2015 Business News
Article - BusinessDesk   TeamTalk revises first half profit expectations down after poor trading; shares drop By Fiona Rotherham Jan. 23 (BusinessDesk) - TeamTalk, the listed telecommunications firm, has... more

NZX 50 soars to fresh record in global equities rally

23 Jan 2015 Business News
By Suze Metherell Jan. 23 (BusinessDesk) - The NZX 50 Index climbed to a fresh high as investors hunt for income paying investments on the prospect of interest rates staying lower for longer, as the European ... more

Kathmandu appoints Xavier Simonet as new chief executive

23 Jan 2015 Business News
By Fiona Rotherham Jan. 23 (BusinessDesk) - Kathmandu, the Christchurch-based outdoor clothing retailer, has appointed Xavier Simonet as its new chief executive who will relocate from London to Melbourne to take... more

FMA warns trader on market manipulation

23 Jan 2015 Business News
Article - BusinessDesk   FMA warns trader on market manipulation By Suze Metherell Jan. 23 (BusinessDesk) - The Financial Markets Authority has formally warned an unnamed trader over market manipulation for... more

NZ govt operating deficit smaller than expected

23 Jan 2015 Business News
By Paul McBeth Jan. 23 (BusinessDesk) - The New Zealand's government's operating deficit was smaller than expected in the first five months of the financial year as a clampdown on expenditure managed to offset a... more

Windflow to sack staff as UK, NZ energy markets remain slow

23 Jan 2015 Business News
Article - BusinessDesk   Windflow to sack staff as UK, NZ energy markets remain slow By Suze Metherell Jan. 23 (BusinessDesk) - Windflow Technology, the unprofitable wind turbine manufacturer, will sack... more

NZ dollar holds at 2 1/2 year low as investors mull outlook

23 Jan 2015 Business News
Article - BusinessDesk   NZ dollar holds at 2 1/2 year low as investors mull outlook By Tina Morrison Jan. 23 (BusinessDesk) - The New Zealand dollar held at a key two-and-a-half year low as investors mull... more

NZME notable absentee in All-of-Govt advertising panel

22 Jan 2015 Business News
Article - BusinessDesk NZME notable absentee in All-of-Govt advertising panelBy Paul McBethJan. 22 (BusinessDesk) - NZME, the New Zealand unit of APN News & Media, is a notable absentee in the panel for... more

New Zealand shares fell, led by Meridian, MRP

22 Jan 2015 Business News
Article - BusinessDesk MARKET CLOSE: NZ shares fall led by Meridian, MRP; Warehouse gains on Norman stakeBy Suze MetherellJan. 22 (BusinessDesk) - New Zealand shares fell, led by power companies Meridian Energy... more

NZ dollar falls as investors mull lower rates; ECB looms

22 Jan 2015 Business News
Article - BusinessDesk   NZ dollar falls as investors mull lower rates after Canadian cut; ECB looms By Paul McBeth Jan. 22 (BusinessDesk) - The New Zealand dollar dropped to a two-and-a-half year low as... more

James Pascoe increases stake in Warehouse to 7.4%

22 Jan 2015 Business News
By Suze Metherell Jan. 22 (BusinessDesk) - James Pascoe, the retail group owned by David and Anne Norman, has added to its holding in Warehouse Group by buying on market this week, as the shares traded at a... more

Contact signs deal with Maui that could see it use less gas

22 Jan 2015 Business News
Article - BusinessDesk   Contact Energy signs deal with Maui that could see it use less gas By Fiona Rotherham Jan. 22 (BusinessDesk) - Contact Energy, one of New Zealand’s largest electricity... more

NZ consumer confidence climbs in January on improving future

22 Jan 2015 Business News
Article - BusinessDesk   NZ consumer confidence climbs in January on improving future outlook By Paul McBeth Jan. 22 (BusinessDesk) - New Zealand consumer confidence rose for a second month in January as... more

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News

Dramatic photos: Fox Glacier's retreat causes valley to rise by a metre

23 Jan 2015 Environment
A series of photographs taken over 10 years has revealed the dramatic changes to one of New Zealand's most famous glaciers. The Massey... more

Airport Extension Threatens Wellington Waves

23 Jan 2015 Environment
This press release clarifies statements in our press release of January 8th regarding swell focusing The Wellington Boardriders ... more

Business

MARKET CLOSE: NZX 50 rises to a record; MRP, Meridian gain

23 Jan 2015 Business News
By Suze Metherell Jan. 23 (BusinessDesk) - New Zealand shares rose in a global rally, paced by Genesis Energy, Meridian Energy and ... more

NZ govt operating deficit smaller than expected

23 Jan 2015 Business News
By Paul McBeth Jan. 23 (BusinessDesk) - The New Zealand's government's operating deficit was smaller than expected in the first five... more

Living

Japanese film season opens with Bread of Happiness

23 Jan 2015 Lifestyle
As summer holidays give way to normal daily work and school routines, the monthly Japanese film screenings return to Massey... more

Registrations Open for Disability Surf Day at Sumner Beach

23 Jan 2015 Lifestyle
Registrations are now open for a surf day at Sumner Beach, Christchurch onSunday 22 February for physically disabled people hosted... more

Property

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

A building block for your future

21 Jan 2015 Property
A rare big block of Bay of Plenty development land in Ohauti, about 10 minutes' drive south of the Tauranga CBD, is to be auctioned... 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

Sean Maitland set to join London Irish

23 Jan 2015 Rugby
A COMBINATION of financial and positional considerations are understood to have been behind Sean Maitland’s decision to opt for... more

Veteran Racer Kenny Smith Rolls Back Years, Odd On For Title

23 Jan 2015 Motor Sport
When it comes to fast single seater racing cars, you might think of Lewis Hamilton, Sebastian Vettel or Scott Dixon in the USA. You... more

Columns

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

Gordon Campbell on the Greek election, and EU turmoil

22 Jan 2015 Column
Column - Gordon Campbell   Gordon Campbell on the election in Greece, and EU turmoil The election in Greece on Sunday –... more

Kiwi Success

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

Graham Shaw, Peter Huljich join Pushpay board

13 Jan 2015 Appointments
By Suze Metherell Jan. 13 (BusinessDesk) - Graham Shaw and Peter Huljich have joined Pushpay Holdings' board as part of the... 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