Business

NZ dollar heads for 0.8% weekly decline

1 Aug 2014 Business News
Article - BusinessDesk NZ dollar heads for 0.8% weekly decline as Fonterra cuts payout, US GDP beats expectationsBy Tina MorrisonAug. 1 (BusinessDesk) - The New Zealand dollar is headed for a 0.8 percent weekly... more

MARKET CLOSE: NZ shares join global sell off

1 Aug 2014 Business News
Article - BusinessDesk MARKET CLOSE: NZ shares join global sell off; Gentrack plunges on profit warningBy Suze MetherellAug. 1 (BusinessDesk) - New Zealand shares fell, led by Xero, A2 Milk Co and Pacific Edge,... more

TRS extends Mega takeover timetable, confirms US$7M raised

1 Aug 2014 Business News
Article - BusinessDesk TRS extends Mega takeover timetable, confirms US$7 mln raisedBy Pattrick SmellieAug. 1 (BusinessDesk) - TRS Investments, the vehicle being used to list data storage and encryption company... more

Taranaki iwi Ngaruahine settles Treaty claims for $67.5mln

1 Aug 2014 Business News
Article - BusinessDesk Taranaki iwi Ngaruahine settles Treaty claims with Crown for $67.5 millionBy Suze MetherellAug. 1 (BusinessDesk) - Taranaki iwi Ngaruahine has reached a $67.5 million settlement with the... more

Oji Holdings cleared to acquire CHH Pulp & Paper

1 Aug 2014 Business News
Article - BusinessDesk Oji Holdings cleared to acquire CHH Pulp & PaperAug. 1 (BusinessDesk) - Japan's Oji Holdings Corp has been granted antitrust approval to acquire Carter Holt Harvey’s pulp, paper and... more

Christchurch City to mop up remaining shares in Lyttelton

1 Aug 2014 Business News
Article - BusinessDesk Christchurch City seeks to mop up remaining shares in Lyttelton PortAug. 1 (BusinessDesk) - Christchurch City Holdings, the city's infrastructure investment arm, says it will offer to buy... more

Shanghai Pengxin agrees to buy Lochinver Station

1 Aug 2014 Business News
Article - BusinessDesk Pengxin widens NZ farm portfolio, buying 13,800 hectare Lochinver StationAug. 1 (BusinessDesk) - Shanghai Pengxin Group is adding to its portfolio of New Zealand dairy assets with... more

Realestate.co.nz says unfazed by Trade Me price cutting

1 Aug 2014 Business News
Article - BusinessDesk Trade Me property's industry-owned rival says it won't be affected by 'desperate fee cutting'By Tina MorrisonAug. 1 (BusinessDesk) - Trade Me Group's main rival for property listings,... more

Xero says on target with accelerated cash burn

1 Aug 2014 Business News
Article - BusinessDesk Xero says on target with accelerated cash burn as it takes on workersAug. 1 (BusinessDesk) - Xero, the cloud-based accounting software company, said a 47 percent increase in quarterly... more

Chch mulls sale of strategic assets stake for rebuild

1 Aug 2014 Business News
Article - BusinessDesk Christchurch considers selling strategic assets stake to fund rebuildBy Pattrick SmellieAug. 1 (BusinessDesk) - Christchurch City Council is contemplating the sale of a strategic stake in... more

NAB CEO Thorburn takes BNZ's Renee Roberts back to Australia

1 Aug 2014 Business News
Article - BusinessDesk NAB boss Thorburn takes BNZ's Renee Roberts back to AustraliaBy Suze MetherellAug. 1 (BusinessDesk) - Andrew Thorburn, head of National Australia Bank, has lured Renee Roberts back to... more

Kathmandu says July cold snap boosted sales, earnings

1 Aug 2014 Business News
Article - BusinessDesk Kathmandu says July cold snap boosted sales, earnings; shares jumpBy Tina MorrisonAug. 1 (BusinessDesk) - Kathmandu Holdings says a cold snap last month in Australia and New Zealand... more

Hellaby writes off $26.9M goodwill on struggling shoe stores

1 Aug 2014 Business News
Article - BusinessDesk Hellaby writes off $26.9 mln goodwill on struggling shoe storesAug. 1 (BusinessDesk) - Hellaby Holdings, the diversified investment company, will take a $26.9 million impairment against... more

Argosy sells Waitakere Mega Centre for $45.8M

1 Aug 2014 Business News
Article - BusinessDesk Argosy sells Waitakere Mega Centre for $45.8M to reduce retail property exposureBy Tina MorrisonAug. 1 (BusinessDesk) - Argosy Property sold its Waitakere Mega Centre in Henderson,... more

UPDATE: Gentrack shares slump 19% to below IPO price

1 Aug 2014 Business News
Article - BusinessDesk UPDATE: Gentrack shares slump 19% to below IPO price on profit warningBy Suze MetherellAug. 1 (BusinessDesk) - Shares of Gentrack Group plunged as much as 19 percent after the airport... more

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News

Better government digital services on way as plan approved

31 Jul 2014 News
All government agencies now have a shared plan to deliver more and better digital public services. Eight agencies have been working... more

Labour announces unemployment policy

30 Jul 2014 Politics
Labour’s intention to increase the minimum wage to two-thirds of the average wage would hurt business, cost jobs and reduce ... more

Business

NZ exporters should think premium in targeting China

31 Jul 2014 Business News
Article - BusinessDesk   NZ exporters should market more premium products to boost China sales, Boyd says By Tina Morrison July ... more

PledgeMe, Snowball Effect gain equity crowd-funding licences

31 Jul 2014 Business News
Article - BusinessDesk   FMA approves equity crowdfunding licence to PledgeMe and Snowball Effect By Suze Metherell July 31 ... more

Living

INTERVIEW: NZ's Thomas Oliver and Louis Baker in the UK

1 Aug 2014 Entertainment By Charlotte Everett
Next week welcomes Thomas Oliver’s debut show in London, as well as the return of Louis Baker to UK shores. The... more

Kiwi Beer and Cider to Star at Edinburgh Festival

31 Jul 2014 Food & Wine
Iconic Kiwi beer and cider brands, Monteith’s and Old Mout, will take centre stage at the 2014 Edinburgh International... more

Property

NZ house sales fall in June, led by cheaper properties

14 Jul 2014 Property By Suze Metherell
July 14 (BusinessDesk) - New Zealand house sales fell in June from a year earlier, led by properties of $400,000 or less, indicating... more

Average Auckland house prices reach record level

10 Jul 2014 Property
The average asking price for a home in Auckland has reached the record level of 732 thousand, 240 dollars. The figure is provided by... more

Migration

UK Tier 1 visa extension deadline looming

11 Jul 2014 Migration
If you’re in the UK on a Tier 1 (General) visa, you’ll need to apply for an extension as soon as possible. The deadline... more

NZ more appealing to ex-pats - survey

10 Jul 2014 Migration
Auckland and Wellington have become more appealing to ex-pats in the past 12 months, a new survey has found. Both cities both dropped... more

Travel

NZ leaves lasting impression on English Premier League teams

29 Jul 2014 Travel & Tourism
27 Jul 2014 West Ham United may have endured a torrid time on the pitch during their time in New Zealand for the Football United... more

Cycleways bring economic benefit to communities

24 Jul 2014 Travel & Tourism
An increasing number of cycleways are attracting tourists to regions and scenic parts of New Zealand and a special session at the... more

Sport

ADAMS LEADS THE WAY

31 Jul 2014 Commonwealth Games
With four days of competition remaining, New Zealand has already equalled its medal haul from four years ago in Delhi, after another... more

2014 Commonwealth Games: ADAMS FIRST TO 600 - OF COURSE!

31 Jul 2014 Commonwealth Games
In the end it came down to a race between two of the more physically imposing members of the New Zealand team – shot putter... more

Columns

Work, wellbeing and dharma

31 Jul 2014 Column By Tricia Alach
The Holistic Helper's Guide to Wellbeing and Work: Part 9 Ironically enough, the idea for this article came just as I was putting the... more

Gordon Campbell on Gaza and burning the Israeli flag

24 Jul 2014 Opinion By Gordon Campbell
One of the selling points in New Zealand’s campaign for a temporary seat on the Security Council is that we have a pluckily... more

Kiwi Success

Hon.Judith Collins announces appointments to Public Trust Board

23 Jul 2014 Appointments
New Zealand Government Appointments to Public Trust Board   Justice Minister Judith Collins today announced the appointment of ... more

NZ Government Minister Foss announces commerce reappointments

23 Jul 2014 Appointments
Commerce Minister Craig Foss today announced four reappointments to various independent Crown entities and statutory... more

Recruitment

3K to Christchurch working for Jobseekers

31 Jul 2014 Recruitment
Social Development Minister Paula Bennett says 157 people across the country have so far taken up the Government’s 3K to ... more

200 more training places for graduate nurses

30 Jul 2014 Recruitment
Health Minister Tony Ryall has announced the government will fund up to 200 additional training places for nurse graduates next... more