Business

Deutsche rates Xero a 'sell' with target price of $18.90

20 Aug 2014 Business News
Article - BusinessDesk Deutsche Bank rates Xero a 'sell' with target price of $18.90/shareBy Suze MetherellAug. 20 (BusinessDesk) - Shares of Xero, the cloud-based accounting software firm, are overvalued on US... more

Partial post-Hager poll shows National holding steady

20 Aug 2014 Business News
Article - BusinessDesk Partial post-Hager poll shows National holding steadyBy Pattrick SmellieAug. 20 (BusinessDesk) - The first poll to test voter reaction to last week's publication of the "Dirty Politics"... more

F&P Healthcare lifts full-year profit guidance 3%

20 Aug 2014 Business News
Article - BusinessDesk F&P Healthcare lifts full-year profit guidance 3% on falling kiwiBy Suze MetherellAug. 20 (BusinessDesk) - Fisher & Paykel Healthcare raised its annual profit forecast by 3... more

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 its target last year, on optimism the state-owned air traffic controller's... more

Wellington Chamber releases election manifesto

20 Aug 2014 Business News
Wellington Employers' Chamber of Commerce Business CentralWellington Employers’ Chamber of CommerceMedia Statement20 August 2014Wellington Chamber releases election manifestoWellington Employers’ Chamber of... more

Fletcher to cut costs, protect margins in 2015

20 Aug 2014 Business News
By Jonathan Underhill Aug. 20 (BusinessDesk) - Fletcher Building is counting on cost savings and a backlog of construction work in New Zealand to help drive earnings growth in 2015, which started from a lower... 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 after falling global dairy prices prompted Fonterra Cooperative Group to trim its... more

Acurity board tells shareholders to wait for takeover report

20 Aug 2014 Business News
Article - BusinessDesk Acurity board tells shareholders to sit tight as Connor Healthcare reviews takeoverBy Suze MetherellAug. 20 (BusinessDesk) - Acurity Healthcare Group's independent directors committee... more

APN 1H profit climbs 77%

20 Aug 2014 Business News
Article - BusinessDesk APN 1H profit climbs 77% as year earlier charges wash throughBy Paul McBethAug. 20 (BusinessDesk) - APN News & Media, publisher of the New Zealand Herald newspaper, boosted first half... more

FMA files suit against trustee Prince and Partners

20 Aug 2014 Business News
Article - BusinessDesk FMA files suit against Prince and Partners as trustee of failed Viaduct CapitalAug. 20 (BusinessDesk) - The Financial Markets Authority has filed civil proceedings against Prince and... more

MRP exceeds prospectus forecasts as Heffernan signs off

20 Aug 2014 Business News
Article - BusinessDesk MRP exceeds prospectus forecasts as Heffernan signs offBy Pattrick SmellieAug. 20 (BusinessDesk) - Tight cost control and reduced sales to commercial and industrial customers at low... more

Fletcher FY profit rises 4% as currency, charges mask growth

20 Aug 2014 Business News
Article - BusinessDesk Fletcher full-year profit rises 4% as currency impact, charges mask earnings growthBy Jonathan UnderhillAug. 20 (BusinessDesk) - Fletcher Building, the biggest company on the NZX 50... more

Pumpkin Patch chair Freeman joins Kiwi Income board

20 Aug 2014 Business News
Article - BusinessDesk Pumpkin Patch chair Jane Freeman joins Kiwi Income Property boardBy Suze MetherellAug. 20 (BusinessDesk) - Jane Freeman, chair of childrenswear retailer Pumpkin Patch, has been appointed... more

Dairy auction may point to price stabilisation

20 Aug 2014 Business News
Article - BusinessDesk Dairy auction may point to price stabilisation as China demand weighedDairy product prices recorded their mildest decline in five auctions overnight, although a bounce back in whole milk... more

NZ dollar declined amid lower growth forecasts, dairy prices

20 Aug 2014 Business News
Article - BusinessDesk NZ dollar declined amid lower growth, inflation forecasts and weaker dairy pricesBy Tina MorrisonAug. 20 (BusinessDesk) - The New Zealand dollar fell as investors speculate that lower... more

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News

NZ provides further aid to Iraq

28 Aug 2014 News
New Zealand Government NZ provides further aid to Iraq Foreign Minister Murray McCully today announced that New Zealand will provide ... more

Excellence and impact for top quality research

28 Aug 2014 News
University of Auckland Excellence and impact for top quality research *Interviews:This was a University of Auckland seminar, but the... more

Business

Christchurch property investor wins policy appeal in Supreme Court

27 Aug 2014 Business News
Article - BusinessDesk   Christchurch property investor Ridgecrest wins IAG policy appeal in Supreme Court By Jonathan ... more

Time to rethink India's IT reputation, delegation says

26 Aug 2014 Business News By Pattrick Smellie
Article - BusinessDesk   Time to rethink India's IT reputation, says visiting delegation Aug. 26 (BusinessDesk) - India's... more

Living

Entries open The Hobbit Fan Fellowship Contest

26 Aug 2014 Lifestyle
Air New Zealand Air New Zealand invites Hobbit fans to enter The Hobbit Fan Fellowship Contest for a chance to win a ... more

MTV VMAs 2014: Lorde wins Best Rock Video over actual rock bands

25 Aug 2014 Environment
Singer Lorde shows off her Moonman trophy for Best Rock Video for ‘Royals.’ Lorde, have mercy. The New Zealand pop star... 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

Jetstar loses ground in NZ as Qantas plunges to A$2.84B loss

28 Aug 2014 Travel & Tourism By Paul McBeth
Aug. 28 (BusinessDesk) - Jetstar, the discount unit of Australian airline Qantas Airways, lost ground in New Zealand, while claiming... more

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

Sport

NZ Triathlon: Three Kiwi Aquathlon Golds in Edmonton

28 Aug 2014 Multisport
New Zealand has their Edmonton World Championship campaign underway with the perfect three from three gold medals in the elite... more

Dion Snell takes top prize at Auckland Rugby League Awards

28 Aug 2014 Sport
Howick Hornets second-rower Dion Snell has capped off a breakthrough year by being named 2014 Appliance Shed Fox Memorial Lion Red... more

Columns

Relax, nothing is under control... the Holistic Helper's guide to dealing with the unexpected

29 Aug 2014 Column By Tricia Alach
As regular readers of this column already know, I am a bit of a fan when it comes to change. Evaluating your life, deciding how you... more

Gordon Campbell on Peters’ latest bout of immigrant bashing

28 Aug 2014 Column By Gordon Campbell
  Gordon Campbell on Winston Peters’ latest bout of immigrant bashing, and Bob Dylan in the basement (again) So in the... 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

High dollar, hands-off Govt sends workers to dole queue

22 Aug 2014 Recruitment
The loss of up to 100 jobs at Croxley stationery in Auckland is devastating news for their families and the local Avondale... more

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