Business

MARKET CLOSE: NZX 50 rises to record, led by Sky TV on rugby

24 Oct 2014 Business News
Article - BusinessDesk MARKET CLOSE: NZX 50 rises to record, led by Sky TV on rugby rights; Spark, Ebos gainBy Suze MetherellOct. 24 (BusinessDesk) - New Zealand shares advanced to a record for a third day, led... more

NZ dollar heads for 0.9% weekly drop

24 Oct 2014 Business News
Article - BusinessDesk NZ dollar heads for 0.9% weekly drop as inflation pushes out rate hike timeframeBy Paul McBethOct. 24 (BusinessDesk) - The New Zealand dollar is heading for a 0.9 percent weekly decline... more

Dorchester closes oversubscribed $30M capital raise

24 Oct 2014 Business News
Article - BusinessDesk Dorchester closes $30 million capital raise, applications exceed offerBy Suze MetherellOct. 24 (BusinessDesk) - Dorchester Pacific, the finance company midway through a takeover for... more

NZX says it doesn't know why shares have declined

24 Oct 2014 Business News
Article - BusinessDesk NZX says it doesn't know why shares have declinedBy Tina MorrisonOct. 24 (BusinessDesk) - NZX, the stock market operator, said it doesn't know why its share price has declined, in... more

Sky TV to launch $20/month subscription ondemand service

24 Oct 2014 Business News
Article - BusinessDesk Sky TV to launch $20/month subscription video ondemand serviceBy Fiona RotherhamOct. 24 (BusinessDesk) - Sky Network Television, the country's dominant pay-TV operator, will launch a new... more

Cavalier shares drop 10% after profit warning

24 Oct 2014 Business News
Article - BusinessDesk Cavalier shares drop 10% after profit warningBy Paul McBethOct. 24 (BusinessDesk) - Shares of Cavalier Corp dropped 10 percent after the carpet maker warned it will probably miss earnings... more

Sky TV sees annual profit gain of up to 8.6% in 2015

24 Oct 2014 Business News
Article - BusinessDesk Sky TV sees annual profit gain of up to 8.6% in 2015, flags new ondemand serviceBy Paul McBethOct. 24 (BusinessDesk) - Sky Network Television, the country's dominant pay-TV operator, sees... more

Heartland NZ chief risk officer resigns

24 Oct 2014 Business News
Article - BusinessDesk Mark Mountcastle resigns as chief risk officer with Heartland New ZealandBy Suze MetherellOct. 24 (BusinessDesk) - Heartland New Zealand, the bank which formed after the merger of... more

DNZ revalues portfolio by $10.7 million

24 Oct 2014 Business News
Article - BusinessDesk DNZ revalues portfolio by $10.7 millionBy Suze MetherellOct. 24 (BusinessDesk) - DNZ Property Fund, the listed property investor, boosted its portfolio value by $10.7 million in the first... more

DNZ revalues portfolio up by $10.7 million

24 Oct 2014 Business News
Article - BusinessDesk DNZ revalues portfolio up by $10.7 millionBy Suze MetherellOct. 24 (BusinessDesk) - DNZ Property Fund, the listed property investor, boosted its portfolio value by $10.7 million in the... more

Sealegs turns first-half profit

24 Oct 2014 Business News
Article - BusinessDesk Sealegs turns first-half profit as local market drives sales, Brazil opens new doorsBy Paul McBethOct. 24 (BusinessDesk) - Sealegs Corp, which makes amphibious boats, turned a first-half... more

CORRECT: Jade chases growth of 30-50% for Master Terminal

24 Oct 2014 Business News
Article - BusinessDesk CORRECT: Jade Software chases growth of 30-50% for Master Terminal unit(Fixes terminal number in 2nd graph)By Paul McBethOct. 23 (BusinessDesk) - Jade Software, which took its... more

NZ trade deficit widens in Sept amid lower log, dairy prices

24 Oct 2014 Business News
Article - BusinessDesk NZ trade deficit widens in Sept as lower log, dairy prices weigh on exportsBy Suze MetherellOct. 24 (BusinessDesk) - New Zealand's monthly trade deficit widened more than expected in... more

Sky TV signs conditional deal to renew rugby rights

24 Oct 2014 Business News
Article - BusinessDesk Sky TV signs conditional deal to renew rugby rights; shares gainBy Tina MorrisonOct. 24 (BusinessDesk) - Sky Network Television, New Zealand's dominant pay-TV company, has signed a... more

Jade Software chases growth of 30-50% for Master Terminal

24 Oct 2014 Business News
Article - BusinessDesk Jade Software chases growth of 30-50% for Master Terminal unitBy Paul McBethOct. 23 (BusinessDesk) - Jade Software, which took its intelligence software developer Wynyard Group public... more

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News

Prime Minister extends condolences to Canada

23 Oct 2014 News
Prime Minister John Key has expressed his deepest sympathies to those affected by this morning’s events in Canada. “The... more

Fighting cyber-crime one app at a time

22 Oct 2014 News
This summer Victoria University of Wellington will be home to four Singaporean students researching cyber threats. The students... more

Business

MARKET CLOSE: NZX 50 climbs to new record, led by RBD

23 Oct 2014 Business News By Suze Metherell
MARKET CLOSE: NZX 50 climbs to new record, Restaurant Brands gains on guidance Oct. 23 (BusinessDesk) - New Zealand shares rose to a... more

CarbonScape seeks $1.5M from crowd with 'green coke' offer

23 Oct 2014 Business News
Article - BusinessDesk   CarbonScape seeks $1.5 mln from crowd with 'green coke' offer By Suze Metherell Oct. 23 (BusinessDesk)... more

Living

WW100 - why did NZ fight? Was it for democracy or empire?

20 Oct 2014 ANZAC By Charlotte Everett
On Thursday 16 October, the NZ-UK Link Foundation held their Inaugural Annual Lecture at the University of London’s Senate... more

A major win for organic New Zealand wine in the European Union

16 Oct 2014 Food & Wine
New Zealand’s organic wine industry has scored a major export victory with the announcement that the European Commission... more

Property

Reform of RMA critical to reforming housing affordability

15 Oct 2014 Property
The Resource Management Act needs to explicitly recognise the importance of New Zealanders’ access to more affordable housing... more

National Property Market Analysis

15 Oct 2014 Property
Auckland and Christchurch have recovered from the winter lull that is traditional in real estate, with written sales up and average... more

Migration

Migrants filliing employment gaps

22 Oct 2014 Migration
A stream of migrants has helped plug some of the gaps in New Zealand's steady employment growth. New data reveals migration numbers... more

UK Government: Indefinite Leave to Remain made simple

30 Sep 2014 Migration
There are thousands of expats living in the UK who are aiming for permanent residency status and, eventually, a British passport. But... more

Travel

NZ guest nights flat in August as foreign stays taper off

10 Oct 2014 Travel & Tourism By Paul McBeth
  By Paul McBeth Oct. 10 (BusinessDesk) - New Zealand guest nights were largely flat in August from a month earlier as a gain... more

Business tourism industry applauds Key's vision

6 Oct 2014 NZ Tourism
Conventions & Incentives New Zealand (CINZ) is welcoming news that Prime Minister John Key is to retain his Tourism portfolio... more

Sport

2014 Four Nations: England, Australia, New Zealand and Samoa take centre stage on Saturday

23 Oct 2014 Rugby League
The 2014 Four Nations gets underway on Saturday with England vying with holders Australia, New Zealand and Samoa to take the honours... more

Community Netball Manager appointed to Welsh Netball

23 Oct 2014 Netball
Netball New Zealand Community Netball Manager appointed to Welsh Netball 23 October 2014 Trish Wilcox has been appointed as the... more

Columns

Gordon Campbell: tokenism of NZ‘s role against Islamic State

23 Oct 2014 Opinion By Gordon Campbell
Gordon Campbell on the tokenism of New Zealand‘s role against Islamic State Was John Key born lucky or what? Political... more

Gordon Campbell on New Zealand (again) in other peoples wars

16 Oct 2014 Opinion By Gordon Campbell
  Gordon Campbell on New Zealand getting involved (again) in other peoples wars Apparently, the Key government is still... more

Kiwi Success

Corban honoured by Institute of Directors

17 Oct 2014 Appointments
Institute Of Directors Local businessman Brian Corban was made a Distinguished Fellow of the Institute of Directors yesterday, in a... more

Kiwi Income Property reshuffles executive positions

13 Oct 2014 Appointments
Article - BusinessDesk   Kiwi Income Property reshuffles executive positions By Suze Metherell Oct. 13 (BusinessDesk) - Kiwi... more

Recruitment

Ngati Awa Cast Net Wide In Search For Commercial Leaders

9 Oct 2014 Recruitment
Te Runanga o Ngati Awa is widening its scope in the hunt for directors for the Whakatane based iwi authority’s commercial arm... more

NZ's top pay packet revealed: $4.1m

30 Sep 2014 Recruitment
With a total pay package worth $4.1 million, ANZ New Zealand's David Hisco is the top-paid boss in the Business Herald's executive pay... more