Business

Michael Hill reaches A$6M settlement with tax office

1 Apr 2014 Business News
Article - BusinessDesk Michael Hill reaches A$6M settlement with Australian Tax Office over 2008 IP transferApril 1 (BusinessDesk) - Michael Hill International, the jewellery chain that bears the name of its... more

NZ dollar advances as Fed's Yellen seen continuing support

1 Apr 2014 Business News
Article - BusinessDesk NZ dollar advances as Federal Reserve’s Yellen seen continuing asset purchases By Tina MorrisonApril 1 (BusinessDesk) – The New Zealand dollar advanced as investors bet the US Federal... more

Chinese slowdown biggest external threat to NZ growth: IMF

1 Apr 2014 Business News By Paul McBeth
April 1 (BusinessDesk) - The risk of a sharp slowdown in China’s economy is the biggest external threat to New Zealand’s growth, due to its export exposure across the Asia region, according to the ... more

Chatham Rock files second EEZ marine consent application

31 Mar 2014 Business News
Article - BusinessDesk Chatham Rock, would-be seabed phosphate miner, files second EEZ marine consent applicationMarch 31 (BusinessDesk) - Chatham Rock Phosphate, which wants to mine phosphate nodules from the... more

MARKET CLOSE: NZ tech stocks join global sell off

31 Mar 2014 Business News
Article - BusinessDesk MARKET CLOSE: NZ shares fall, tech stocks join global sell off; Xero, Diligent slipBy Suze MetherellMarch 31 (BusinessDesk) – New Zealand stocks fell as the end of financial year saw... more

NZ dollar little changed as RBA review, US jobs loom

31 Mar 2014 Business News
Article - BusinessDesk NZ dollar little changed as investors await RBA review, US jobs dataBy Paul McBethMarch 31 (BusinessDesk) - The New Zealand dollar was little changed as investors await tomorrow’s Reserve... more

Colliers wins nationwide Z Energy Property contract

31 Mar 2014 Business News
Colliers Corporate Solutions wins nationwide Z Energy Property Management contract 28 March 2014 —Colliers International’s Corporate Solutions division has won the property management contract for Z... more

One year on, about two thirds of homes may be under insured

31 Mar 2014 Business News
Article - BusinessDesk One year on, about two thirds of NZ homes may be under insured, say insurersBy Suze MetherellMarch 31 (BusinessDesk) – About two thirds of New Zealand homeowners haven’t bothered to... more

Wellington Drive shares soar 23% on East West tie-up

31 Mar 2014 Business News
Article - BusinessDesk Wellington Drive shares soar 23% on North American tie-up with East West ManufacturingMarch 31 (BusinessDesk) - Shares in Wellington Drive Technologies soared 23 percent after the... more

NZ business confidence slips from 20-yr high, stays elevated

31 Mar 2014 Business News
Article - BusinessDesk NZ business confidence slips from 20-year high, remains elevatedBy Suze MetherellMarch 31 (BusinessDesk) – New Zealand business confidence slipped from a 20-year high in March, while... more

Commerce Commission investigates forex trading

31 Mar 2014 Business News By Paul McBeth
  Commerce Commission investigates currency trading amid global probe into manipulation March 31 (BusinessDesk) - The Commerce Commission has an investigation underway into the foreign exchange market, ... more

Auckland Airport says $2.5 bln expansion to be debt funded

31 Mar 2014 Business News
Article - BusinessDesk Auckland Airport will fund $2.5 billion, 30 year expansion through debt, says LittlewoodBy Suze MetherellMarch 31 (BusinessDesk) –Auckland International Airport, which expects to treble... more

NZ residential building consents fall 1.7% in February

31 Mar 2014 Business News
Article - BusinessDesk NZ residential building consents fall 1.7% in February, led by apartmentsMarch 31 (BusinessDesk) - New Zealand building consents for residential housing fell 1.7 percent in February, the... more

Genesis shares worth more than $1.55: research reports

31 Mar 2014 Business News By Pattrick Smellie
  Genesis shares worth more than $1.55, say four independent research reports March 31 (BusinessDesk) – Four out of five independent research reports from investment houses in New Zealand and... more

AWF says core annual earnings to decline, Madison grows

31 Mar 2014 Business News
Article - BusinessDesk AWF says core annual earnings to decline, Madison acquisition shows growthMarch 31 (BusinessDesk) - AWF Group, the contract labour firm, warns blue-collar annual earnings will come in... more

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News

15,000 fewer people dependent on benefits

17 Apr 2014 News
New Zealand Government 15,000 fewer people dependent on benefits Social Development Minister Paula Bennett says the latest benefit ... more

Govt to establish Food Safety Science & Research Centre

16 Apr 2014 News
  Science and Innovation Minister Steven Joyce and Food Safety Minister Nikki Kaye today announced that expressions of interest... more

Business

Air NZ says claims withdrawn as other airlines settle in Oz

17 Apr 2014 Business News
Article - BusinessDesk   Air New Zealand says claims withdrawn as other airlines settle over cargo cartel, seeks costs April 17 ... more

Genesis Energy soars on debut, other gen-taliers rise

17 Apr 2014 Business News By Suze Metherell
  Genesis Energy soars on debut, leading fellow energy companies higher April 17 (BusinessDesk) – Shares in the partially... more

Living

The Taite Music Prize: IMNZ announces this years winner

17 Apr 2014 Entertainment
The winner of the fourth annual Taite Music Prize 2013 is Lorde for her album ‘Pure Heroine’ released on Universal Music... more

3 Mile Limit Movie Continues to Win Awards in the U.S

15 Apr 2014 Lifestyle
New Zealand movie ‘3 Mile Limit’ has won Best Feature Film at both the North Hollywood and Charleston International Film... more

Property

NZ house values rise at slowest annual pace in 6 months in March, QV says

7 Apr 2014 Property
April 7 (BusinessDesk) – New Zealand property values increased at the slowest annual pace in six months in March as lower... more

Auckland landlords lead in capital gains

28 Mar 2014 Property
Three-bedroom houses in Glen Innes giving an annual capital gain of 18.9%, followed by New Windsor. Auckland landlords are making... more

Migration

New working holiday agreement between New Zealand and Croatia launched

28 Mar 2014 Migration
Citizens of Croatia aged between 18 and 30 will soon be eligible to apply for a New Zealand Working Holiday Visa, giving them the... more

New Zealand immigration hits ten year high

28 Mar 2014 Migration
New statistics have shown net migration to New Zealand to be at a 10 year high, with China becoming the largest source of new... more

Travel

Chinese company to build $200M hotel on Auckland waterfront

16 Apr 2014 Travel & Tourism By Suze Metherell
  Company linked to one of China’s richest women to spend $200 mln on Auckland hotel April 16 (BusinessDesk) – Fu... more

SmartGate opens to arriving UK & US travellers

3 Apr 2014 Travel & Tourism
Customs Minister Maurice Williamson today announced SmartGate is now open to United Kingdom and American travellers on arrival. The... more

Sport

Dan Carter: All Blacks's goal is back-to-back World Cups

17 Apr 2014 Rugby By Oliver Brown
New Zealand No 10 is loving his sabbatical, including a trip to the Masters, however his only motive is to return fit and fresh for... more

Seeds March to Quarters at Skycity NZ Badminton Open

17 Apr 2014 Sport
TOP SEEDS CONTINUE MARCH TO QUARTER FINALS AT SKYCITY NZ BADMINTON OPEN Top seeds dominated in this morning’s 3rd round... more

Columns

Gordon Campbell: drone strikes & Judith Collins‘ last stand

17 Apr 2014 Opinion
Reportedly, US drone operators refer to their kills as "bug splat” - mainly because when the carnage is viewed on their... more

Gordon Campbell on the life & ACC work of Sir Owen Woodhouse

16 Apr 2014 Opinion
With the death of Sir Owen Woodhouse, the founding father of the Accident Compensation Scheme, New Zealand has lost one of the... more

Kiwi Success

BNZ names Anthony Healy as new CEO, replacing Thorburn

17 Apr 2014 Appointments
April 17 (BusinessDesk) – Bank of New Zealand, the local unit of Australia’s third-biggest mortgage lender, named the... more

Kiwi alpinist is finalist for prestigious award

26 Mar 2014 People
NZ Alpine Club Kiwi alpinist is finalist for prestigious mountaineering award New Zealand Alpine Club President John Cocks has today... more

Recruitment

Growth seen further lifting average wage by $7,500

15 Apr 2014 Recruitment
  The average annual wage is expected to increase by $7,500 to around $62,200 a year by 2018 if New Zealand achieves its ... more

NZ employment confidence lifts in 1st-qtr

31 Mar 2014 Recruitment
Article - BusinessDesk   NZ employment confidence lifts in 1st-qtr, current job opportunities seen less negative March 31 ... more