Business

MARKET CLOSE: NZ shares rise, led by Spark

28 May 2015 Business News
Article - BusinessDesk MARKET CLOSE: NZ shares rise, led by Spark; Ryman, Summerset gainBy Suze MetherellMay 28 (BusinessDesk) - The New Zealand shares rose as Spark New Zealand rebounded from a year-low. Ryman... more

NZ dollar little changed vs. greenback on Fonterra forecast

28 May 2015 Business News
Article - BusinessDesk NZ dollar little changed vs. greenback after Fonterra forecastBy Paul McBethMay 28 (BusinessDesk) - The New Zealand dollar was little changed against the greenback after Fonterra... more

FMA gets leave to appoint receivers to FX trader

28 May 2015 Business News
Article - BusinessDesk High Court grants FMA application to appoint receivers to Christchurch FX traderBy Fiona RotherhamMay 28 (BusinessDesk) - The High Court in Christchurch has granted an application from... more

Reserve Bank unlikely to cut OCR next month: Westpac

28 May 2015 Business News
Article - BusinessDesk Reserve Bank unlikely to cut OCR next month, line-ball on cut this year, Westpac saysBy Anna LuMay 28 (BusinessDesk) - The Reserve Bank isn't likely to cut the official cash rate at its... more

John Bongard flags November departure from Meridian board

28 May 2015 Business News
Article - BusinessDesk John Bongard flags November departure from Meridian boardBy Suze MetherellMay 28 (BusinessDesk) - John Bongard will resign as a director of Meridian Energy, the government controlled... more

Supplement maker Promisia plans US launch after trial

28 May 2015 Business News
Article - BusinessDesk Supplement maker Promisia plans US launch after clinical trial and turns to dogsBy Fiona RotherhamMay 28 (BusinessDesk) - Promisia Integrative, which sells a dietary supplement to treat... more

Arvida FY underlying earnings in line with prospectus

28 May 2015 Business News
Article - BusinessDesk Arvida FY underlying earnings in line with prospectus, affirms outlookBy Paul McBethMay 28 (BusinessDesk) - Arvida Group, the retirement village operator which listed on the NZX last... more

Fonterra rejects criticism of milk price guidance

28 May 2015 Business News
Article - BusinessDesk Fonterra rejects criticism of milk price guidance, while forecasting cautious $5.25/kgMS for new seasonBy Fiona RotherhamMay 28 (BusinessDesk) - Fonterra Cooperative Group, the world’s... more

MYOB to buy NZ's Ace Payroll for $14 mln

28 May 2015 Business News
Article - BusinessDesk MYOB to buy NZ's Ace Payroll for $14 mln in latest acquisitionBy Paul McBethMay 28 (BusinessDesk) - MYOB Group, the Australian payment solutions software developer that floated on the ASX... more

ERoad posts annual loss as sales miss prospectus forecast

28 May 2015 Business News
Article - BusinessDesk ERoad posts annual loss as sales miss prospectus forecast, shares fallBy Suze MetherellMay 28 (BusinessDesk) - ERoad, the electronic road user charges and transport services company,... more

Pushpay FY loss widens as pushes to grow US faith sector

28 May 2015 Business News
Article - BusinessDesk Pushpay annual loss widens as it invests to grow in US faith sectorBy Tina MorrisonMay 28 (BusinessDesk) - Pushpay Holdings, whose mobile payment app is helping churches raise money from... more

RESEND: Gentrack first-half profit rises by a third

28 May 2015 Business News
Article - BusinessDesk RESEND: Gentrack first-half profit rises by a third; flags risk of not meeting full-year prospectus forecast(Fixes and updates share price in last graph)By Fiona RotherhamMay 28... more

Apartments not yet covered by Auckland Council fast-tracking

28 May 2015 Business News
Article - BusinessDesk Apartment buildings not yet covered by Auckland Council's fast-tracked consentingBy Paul McBethMay 28 (BusinessDesk) - Auckland Council efforts to widen the range of properties eligible... more

Argosy profit drops after returning to tax paying position

28 May 2015 Business News
Article - BusinessDesk Argosy profit drops 25% after returning to tax paying position, rental income risesBy Suze MetherellMay 28 (BusinessDesk) - Argosy Property reported a 25 percent drop in annual profit,... more

AWF posts 37% jump in FY profit as companies hire more staff

28 May 2015 Business News
Article - BusinessDesk AWF posts 37% jump in full-year profit as companies hire more staffBy Fiona RotherhamMay 28 (BusinessDesk) - AWF Group, the country’s largest recruiter and labour provider, posted a 37... more

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News

Waitangi signing commemorated 175 years on

26 May 2015 News
Horizons Regional Council Waitangi signing commemorated 175 years on A Rangitikei River stone monument commemorating a significant... more

NZ welcomes interception of IUU fishing vessels

23 May 2015 News
Foreign Minister Murray McCully has welcomed the news that two well-known illegal, unreported and unregulated (IUU) fishing vessels,... more

Business

NZ trade surplus narrows in April as dairy exports fall

26 May 2015 Business News By Tina Morrison
  NZ trade surplus narrows as expected in April as whole milk powder exports decline May 26 (BusinessDesk) - New... more

NZ consumer confidence slips in May

22 May 2015 Business News By Tina Morrison
May 22 (BusinessDesk) - New Zealand consumer confidence slipped in May as sentiment about current and future conditions eased. The... more

Living

NZ Surfer Daniel Kereopa in New Documentary

23 May 2015 Lifestyle
The pride and glory of winning The Ultimate Waterman is relived for Kiwi Daniel Kereopa in a documentary that went live online this... more

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

Property

New guidance on home construction

22 May 2015 Property
Building and Housing Minister Dr Nick Smith today released at the Certified Builders’ Association conference in Christchurch... more

Goodman Property lifts FY earnings 5.4% on revenue growth

20 May 2015 Property By Paul McBeth
  Goodman Property lifts FY earnings 5.4% on revenue growth, cost clamp down May 20 (BusinessDesk) - Goodman Property Trust,... 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

Border clearance levy to be introduced

21 May 2015 Travel & Tourism
New Zealand Government Hon Nathan GuyMinister for Primary IndustriesHon Nicky WagnerMinister of Customs 21 May 2015 Border clearance... more

Two new tourism projects to receive funding

20 May 2015 NZ Tourism
  Prime Minister and Tourism Minister John Key has today announced the Government is investing in two new tourism projects in... more

Sport

England wins by 124 runs at Lord's

26 May 2015 Cricket
DAY FIVE: First Innings: England 389 (Root 98, Stokes 92; Henry 4-93, Boult 4-79) v BLACKCAPS 523 (Williamson 132, Guptill 70) in the... more

Sir Owen Glenn creates Warriors trust

26 May 2015 Rugby League
  Sir Owen Glenn is to transfer his 50% stake in the NZ Warriors rugby league franchise to a trust named the "Sir Owen Glenn... more

Columns

Gordon Campbell on Budget 2015

22 May 2015 Opinion By Gordon Campbell
From the outset, the slogan for yesterday’s Budget - “The Plan Is Working” – begged to be mocked.... more

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

Kiwi Success

2015 Youth Awards winners announced

26 May 2015 People
Youth Minister Nikki Kaye today announced the recipients of the 2015 Youth Awards. Winners will be presented with awards at a... more

Top biology student off to Denmark Olympiad

21 May 2015 People
Sixteen-year-old Waikato Dio student Nikita Lyons is one of four students representing New Zealand at the International Biology... more

Recruitment

NZ employees rate work-life balance as top priority

26 May 2015 Press Releases By Anna Lu
  NZ employees rate work-life balance as top priority, while job seekers eye cash, survey shows May 26 (BusinessDesk) - New... more

NZ's growing ICT sector drives more diverse economy: Joyce

15 May 2015 State of the Market Report By Paul McBeth
  NZ's growing ICT sector drives rapid economic diversification, Joyce says May 15 (BusinessDesk) - New Zealand's information... more