Business

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

NZ annual migration at 11-year high in July

21 Aug 2014 Business News
Article - BusinessDesk NZ annual migration at 11-year high in July, eclipsing June recordBy Suze MetherellAug. 21 (BusinessDesk) - New Zealand's annual migration extended its decade highs in July, with the... more

CORRECT: Marsden Maritime censured over council vote

21 Aug 2014 Business News
Article - BusinessDesk CORRECT: Marsden Maritime censured over council vote on director fee hike(Fixes Marsden Maritime argument in 4th graph)By Paul McBethAug. 21 (BusinessDesk) - Marsden Maritime Holdings,... more

Tenon returns to profit on US building activity

21 Aug 2014 Business News
Article - BusinessDesk Tenon returns to profit on US building activity, will use surplus cash for share buybackBy Suze MetherellAug. 21 (BusinessDesk) - Tenon, the wood mouldings manufacturer, returned to... more

AMP's NZ financial services lift 1H earnings 5% on KiwiSaver

21 Aug 2014 Business News
Article - BusinessDesk AMP's NZ financial services lift 1H earnings 5% on KiwiSaver flowsBy Paul McBethAug. 21 (BusinessDesk) - AMP's New Zealand financial services unit lifted first-half earnings as it... more

Skellerup doubles annual profit on quake payout

21 Aug 2014 Business News
Article - BusinessDesk Skellerup doubles annual profit on Christchurch earthquake insurance payoutBy Tina MorrisonAug. 21 (BusinessDesk) - Skellerup Holdings, the industrial rubber goods maker, more than... more

Marsden Maritime censured over council vote on fees

21 Aug 2014 Business News
Article - BusinessDesk Marsden Maritime censured over council vote on director fee hikeBy Paul McBethAug. 21 (BusinessDesk) - Marsden Maritime Holdings, formerly known as Northland Port Corp, has been publicly... more

NZ dollar falls as US dollar rises after upbeat FOMC minutes

21 Aug 2014 Business News
Article - BusinessDesk NZ dollar declines on US dollar strength after upbeat FOMC minutesBy Tina MorrisonAug. 21 (BusinessDesk) - The New Zealand dollar declined as the US dollar strengthened after minutes to... more

Ports of Auckland FY profit almost doubles as volumes rise

21 Aug 2014 Business News
Article - BusinessDesk Ports of Auckland FY profit almost doubles as volumes rise, costs kept at bayBy Jonathan UnderhillAug. 20 (BusinessDesk) - Ports of Auckland posted a 90 percent gain in full-year profit,... more

MARKET CLOSE: NZ stocks rise; Fletcher, Trade Me gain

20 Aug 2014 Business News
Article - BusinessDesk MARKET CLOSE: NZ stocks rise, Fletcher, Trade Me gain on earnings reliefBy Suze MetherellAug. 20 (BusinessDesk) - New Zealand shares rose as Fletcher Building and Trade Me Group beat... more

NZ dollar falls as greenback rises amid weak dairy, rates

20 Aug 2014 Business News
Article - BusinessDesk NZ dollar falls as greenback rises; weak dairy, pause in rate hikes weigh on sentimentBy Jonathan UnderhillAug. 20 (BusinessDesk) - The New Zealand dollar fell to a five-month low as the... more

Colonial Motor Co FY profit soars 38% to record

20 Aug 2014 Business News
Article - BusinessDesk Colonial Motor Co FY profit soars 38% to record on growing vehicle salesBy Paul McBethAug. 20 (BusinessDesk) - Colonial Motor Co, the car and tractor dealer, said annual profit rose 38... more

South Port posts record annual profit as volumes rise

20 Aug 2014 Business News
Article - BusinessDesk South Port posts record annual profit as stock food, logs drive cargo volumesBy Paul McBethAug. 20 (BusinessDesk) - South Port New Zealand, the Bluff port operator, lifted annual profit... more

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

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News

The Worm turns down for John Key

1 Sep 2014 Politics
Roy Morgan Research The Worm turns down for John Key The Roy Morgan Reactor is back! John Key struggled to coax The Worm above the... more

Minister launches Tongan Language Week

1 Sep 2014 News
Pacific Island Affairs Minister Peseta Sam Lotu-Iiga today launched Tongan Language Week at the Tongan Methodist Church in Otahuhu,... more

Business

NZ terms of trade sets new 40-year high in 2nd quarter

1 Sep 2014 Business News By Suze Metherell
Article - BusinessDesk   NZ terms of trade sets new 40-year high as cheaper imports offset falling exports Sept. 1... more

Fonterra credit rating cut by S&P, Fitch affirms rating

29 Aug 2014 Business News By Paul McBeth
  Fonterra credit rating cut by S&P over Beingmate deal, Fitch affirms rating Aug. 29 (BusinessDesk) - Fonterra Cooperative... more

Living

‘Best trumpet player in the galaxy’ returns

1 Sep 2014 Lifestyle
NZ Symphony Orchestra 1 September 2014 - NZSO Media Release for immediate release The ‘best trumpet player in the ... more

Two NZ composers in Danish international live concert

29 Aug 2014 Lifestyle
Aarhus Festival Death Lines - a Memento Mori Collection Performances from five cities around the world –... 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

Golden campaign for New Zealand rowers

1 Sep 2014 World Rowing Championships
The New Zealand Rowing Team has wrapped up a successful campaign in Amsterdam at the 2014 edition of the World Rowing... more

Disappointing Day in Edmonton for New Zealanders

1 Sep 2014 Multisport
Following on from the disappointment of the elite men’s race for the New Zealanders at the ITU World Triathlon Championship in... more

Columns

Gordon Campbell on John Key’s ‘blame it on Judith’ strategy

1 Sep 2014 Opinion By Gordon Campbell
  Gordon Campbell on John Key’s ‘blame it on Judith’ strategy Right now, Prime Minister John Key seems intent... more

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

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