Business

Imperial Tobacco NZ lifts Australian sales

16 Apr 2014 Business News
Article - BusinessDesk Imperial Tobacco’s NZ arm lifts export sales to Australia; Philip Morris NZ boosts revenueBy Suze MetherellApril 15 (BusinessDesk) – Imperial Tobacco New Zealand, the nation’s second... more

NZ consumer prices rise 0.3% in 1Q, missing estimates

16 Apr 2014 Business News
Article - BusinessDesk NZ consumer prices rise 0.3% in first quarter on tobacco tax hike, more expensive housingBy Paul McBethApril 16 (BusinessDesk) - New Zealand consumer prices rose less than expected in the... more

Bathurst raises A$7.93M in placement to help fund Escarpment

16 Apr 2014 Business News
Article - BusinessDesk Bathurst raises A$7.93 million in discounted placement to help fund Escarpment mineApril 16 (BusinessDesk) - Bathurst Resources raised A$7.39 million in a discounted placement to... more

Chorus lifts broadband connections 1.1% in first quarter

16 Apr 2014 Business News
Article - BusinessDesk Chorus lifts broadband connections 1.1% in first quarterApril 16 (BusinessDesk) – Chorus, the network operator spun out of Telecom in 2011, increased its broadband connections by 1.1... more

BlueScope Steel gets antitrust clearance to buy PacSteel

16 Apr 2014 Business News
Article - BusinessDesk BlueScope Steel gets antitrust clearance to buy Fletcher’s Pacific SteelApril 16 (BusinessDesk) - BlueScope Steel, Australia’s largest steelmaker and owner of the New Zealand Steel mill,... more

Turners & Growers to buy Apollo Apples for up to $44.1 mln

16 Apr 2014 Business News
Article - BusinessDesk Turners & Growers to buy Apollo Apples for up to $44.1 mlnApril 16 (BusinessDesk) - Turners & Growers, the fruit marketer controlled by Germany’s BayWa, has agreed to buy Hawke’s... more

Coats chair Clasper to head GPG board

16 Apr 2014 Business News
Article - BusinessDesk Coats chair Clasper to head GPG boardApril 16 (BusinessDesk) - Mike Clasper, the chair of Coats, has been appointed chairman of the UK threadmaker’s parent Guinness Peat Group as the... more

NZ dollar weakens ahead of Chinese data which may be weaker

16 Apr 2014 Business News
Article - BusinessDesk NZ dollar weakens ahead of Chinese data which may show slowing economic growthBy Tina MorrisonApril 16 (BusinessDesk) – The New Zealand dollar weakened ahead of the release of Chinese... more

Diligent’s pace of growth slows in 1Q, client retention dips

16 Apr 2014 Business News
Article - BusinessDesk Diligent’s pace of growth slows in 1Q, client retention dips on M&A activityApril 16 (BusinessDesk) - Diligent Board Member Services, the governance app developer which was forced to... more

Dairy product prices slide, falling 2.6% to 14-month low

16 Apr 2014 Business News
Article - BusinessDesk Dairy product prices extend slide, falling 2.6% to 14-month low, paced by whole milk powderApril 16 (BusinessDesk) - Dairy product prices extended their slide to a 14-month low in the... more

MARKET CLOSE: NZ shares rise on tech relief-rally led by PEB

15 Apr 2014 Business News
Article - BusinessDesk MARKET CLOSE: NZ shares rise on tech relief-rally led by Pacific EdgeBy Suze MetherellApril 15 (BusinessDesk) – NZ Stocks rose led by Pacific Edge as investors re-evaluate prices of tech... more

Arowana seeks up to $234M in dual-listing NZ Intueri unit

15 Apr 2014 Business News
Article - BusinessDesk ASX-listed Arowana seeks up to $234M in dual-listing NZ education unit IntueriBy Paul McBethApril 15 (BusinessDesk) - ASX-listed Arowana International wants to raise as much as $234... more

NZ dollar falls ahead of Yellen speech, local inflation data

15 Apr 2014 Business News
Article - BusinessDesk NZ dollar falls ahead of Yellen speech, local inflation loomsBy Paul McBethApril 15 (BusinessDesk) - The New Zealand dollar fell ahead of a speech by Federal Reserve chair Janet Yellen as... more

Ruataniwha consents approved in draft decision

15 Apr 2014 Business News
Article - BusinessDesk Ruataniwha consents approved in draft decision, ‘single nutrient’ approach rejectedApril 15 (BusinessDesk) – The Tukituki Catchment Proposal Board of Inquiry has granted 17 resource... more

Tech stocks snap two-day decline on Wall Street relief rally

15 Apr 2014 Business News By Suze Metherell
Tech stocks snap two-day decline on Wall Street relief rally; Xero, Pacific Edge gain April 15 (BusinessDesk) – New Zealand tech stocks led the local market higher in morning trade, snapping a two-day... 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

Mind-set, meaning and moderation in optimal health

20 Apr 2014 Column By Tricia Alach
The holistic helper's guide to Wellness: Part Two   To misquote Aristotle ‘We are what we repeatedly do, wellness then is... more

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

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