Business

Sky TV annual profit rises 21%, beating analyst estimates

22 Aug 2014 Business News
Article - BusinessDesk Sky TV annual profit rises 21%, beating analyst estimatesBy Tina MorrisonAug. 22 (BusinessDesk) - Sky Network Television, New Zealand's dominant pay-TV company, posted a better than... more

Vector profit down on price cuts, reduced energy consumption

22 Aug 2014 Business News
Article - BusinessDesk Vector profit down on price cuts, reduced energy consumptionBy Pattrick SmellieAug. 22 (BusinessDesk) - Auckland electricity and gas network operator Vector saw net profit after tax fall... more

Spark annual profit almost doubles on AAPT sale

22 Aug 2014 Business News
Article - BusinessDesk Spark annual profit almost doubles on AAPT sale, grows mobile revenueBy Paul McBethAug. 22 (BusinessDesk) - Spark New Zealand, the rebranded Telecom Corp, almost doubled annual profit on... more

Tower's minimum solvency reduced as quake claims progress

22 Aug 2014 Business News
Article - BusinessDesk Tower's minimum solvency reduced as Canterbury claims progressBy Suze MetherellAug. 22 (BusinessDesk) - Tower's minimum solvency margin has been reduced by $30 million as the Reserve Bank... more

NZ dollar pops above 84 US cents as focus turns to Yellen

22 Aug 2014 Business News
Article - BusinessDesk NZ dollar pops above 84 US cents as focus turns to Yellen's speech at Jackson HoleBy Tina MorrisonAug. 22 (BusinessDesk) - The New Zealand dollar gained overnight, popping back above the... more

NZ Refining posts 1H loss in face of shrinking margins

21 Aug 2014 Business News
Article - BusinessDesk NZ Refining posts first-half loss in face of shrinking margins, strong kiwiBy Paul McBethAug. 21 (BusinessDesk) - New Zealand Refining Co, the Marsden Point oil refinery controlled by its... more

UPDATED: Small NZ forest owners targeted

21 Aug 2014 Business News
Article - BusinessDesk UPDATE: Australian, Chinese-backed company targets small NZ forest owners(Updates with added comment)By Paul McBethAug. 21 (BusinessDesk) - United Forestry Group, backed by Australian... more

MARKET CLOSE: NZ shares rise on results; Port of Tauranga up

21 Aug 2014 Business News
Article - BusinessDesk MARKET CLOSE: NZ shares rise on earnings; Port of Tauranga, Fletcher Building advanceBy Suze MetherellAug. 21 (BusinessDesk) - New Zealand shares rose for a third day as reporting season... more

Croxley calls time on NZ production in face of cheap imports

21 Aug 2014 Business News
Article - BusinessDesk Croxley calls time on NZ production in face of cheap imported stationeryBy Jonathan UnderhillAug. 21 (BusinessDesk) - Croxley Stationery, whose stationery brands include Olympic, Warwick... more

NZ dollar falls as economy seen settling to more modest pace

21 Aug 2014 Business News
Article - BusinessDesk NZ dollar falls as economy seen settling to more modest pace, greenback risesBy Jonathan UnderhillAug. 21 (BusinessDesk) - The New Zealand dollar declined, and could fall another 1.1... more

Australian, China-backed company targets NZ forest owners

21 Aug 2014 Business News
Article - BusinessDesk Australian, Chinese-backed company targets small NZ forest ownersBy Paul McBethAug. 21 (BusinessDesk) - United Forestry Group, backed by Australian timber marketer Pentarch and China's... more

NZ meat industry tie-up stumbled on differing strategies

21 Aug 2014 Business News
Article - BusinessDesk NZ meat industry consolidation stumbled on differing strategies, uncommitted farmer suppliersBy Tina MorrisonAug. 21 (BusinessDesk) - New Zealand meat companies abandoned efforts to... more

NZ consumer confidence sinks to 10-month low

21 Aug 2014 Business News
Article - BusinessDesk NZ consumer confidence sinks to 10-month low amid signs growth has peakedBy Jonathan UnderhillAug. 21 (BusinessDesk) - New Zealand consumer confidence fell to a 10-month low in August,... more

UPDATE: Skellerup stock falls as earnings miss forecasts

21 Aug 2014 Business News
Article - BusinessDesk UPDATE: Skellerup shares decline after annual profit misses expectations(Recasts to show profit lagged expectations, adds investor comment)By Tina MorrisonAug. 21 (BusinessDesk) - Shares... more

Port of Tauranga posts 1.3% gain in FY profit as logs rise

21 Aug 2014 Business News
Article - BusinessDesk Port of Tauranga posts 1.3% gain in full-year profit as container volumes fall, logs riseBy Jonathan UnderhillAug. 21 (BusinessDesk) - Port of Tauranga posted a 1.3 percent gain in... more

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News

Maori King's son back before court

20 Aug 2014 News
The son of the Maori King will be back before the court next week. Last month, Korotangi Paki, 19, was let off charges of burglary,... more

Shark finning to be banned from 1 October

20 Aug 2014 News
A ban on the finning of all shark species within New Zealand waters will take effect from 1 October this year, Conservation ... more

Business

Airways sees 27% gain in 2015 profit, misses 2014 target

20 Aug 2014 Business News
By Tina Morrison Aug. 20 (BusinessDesk) - Airways Corp. of New Zealand expects to boost profit 27 percent this year, after missing... more

Landcorp cuts FY15 earnings guidance on lower dairy payout

20 Aug 2014 Business News
By Paul McBeth Aug. 20 (BusinessDesk) - Landcorp Farming, the state-owned commercial farmer, slashed guidance for 2015 earnings... more

Living

Adventurer wins prestigious University of Waikato award

20 Aug 2014 Entertainment
Adventurer, management consultant and motivational speaker Jamie Fitzgerald will receive a Distinguished Alumni Award from the... more

Weta Workshop & Roxy Cinema Exclusive WOAP Event

20 Aug 2014 Entertainment
CoCo at The Roxy unwraps the art of food in film Wellington’s iconic The Roxy Cinema is turning into a movie set next week as... more

Property

House sales down as winter cools market - REINZ

14 Aug 2014 Property
New Zealand house sales fell in July as winter cooled the appetite of house hunters while a drop in properties selling for $400,000... more

NZ property values rise at slowest annual pace in 13 months

7 Aug 2014 Property By Paul McBeth
Aug. 7 (BusinessDesk) - New Zealand property values rose at the slowest annual pace in 13 months in July as rising interest rates,... more

Migration

Who's living next door to you?

20 Aug 2014 Migration
Statistics NZ puts out detailed data on different ethnic groups, down to the 108 people from the Isle of Man. Did you know there are... more

NZ population growth speeds up

14 Aug 2014 Migration
New Zealand's climb to 4.5 million people has been faster in the past year than it has in any other year in the past decade,... more

Travel

Auckland 10th most liveable city - again

19 Aug 2014 Travel & Tourism
Auckland has again been ranked the tenth most liveable city in the world. The Economist Intelligence Unit (EIU) has released its... more

Air NZ Dreamliner to be put on show

15 Aug 2014 Travel & Tourism
An Air New Zealand Dreamliner is to be put on show at a famous air show next week. The Boeing 787-9 aircraft will be exhibited to... more

Sport

Four Nations set stage for NZ teams

20 Aug 2014 Rugby League
This year's Rugby League Four Nations will provide the catalyst for five New Zealand representative sides - not just the NZ Kiwis -... more

Commonwealth Games Head of Sport joins World Masters Games

20 Aug 2014 Sport
  From Glasgow to Auckland is the well-travelled route taken by Australian Greg Warnecke, announced today as the General... more

Columns

Martin Doyle Cartoon: Doing Justice to the Election

19 Aug 2014 Opinion
Opinion - Martin Doyle   Martin Doyle Cartoon: Doing Justice to the Election Given the dirty politics that have been exposed in... more

Gordon Campbell on no more Mr Nice Guy

19 Aug 2014 Column
Column - Gordon Campbell   Gordon Campbell on no more Mr Nice Guy by Gordon Campbell When future historians seek to identify... more

Kiwi Success

The duo behind NZ's hottest new label

20 Aug 2014 People
We're expecting big things from Harman Grubisa, the new label from Auckland-based friends Madeleine Harman (right) and Jessica... more

Victoria announces new strategic appointments

11 Aug 2014 Appointments
Victoria University of Wellington has announced the appointment of New Zealand’s first Provost, Professor Neil... more

Recruitment

On track to surplus, more jobs, higher incomes

19 Aug 2014 Recruitment
New Zealand is on track to Budget surplus this year, backed by good growth, more jobs and higher incomes under the ... more

The Right To Work: Young New Zealanders

18 Aug 2014 Recruitment
Getting young people into work is about preparing them for work and ensuring they have ongoing support: sustainable youth employment... more