Business

High LVR lending slips to 6.5% of new mortgages in July

26 Aug 2014 Business News
Article - BusinessDesk High LVR lending slips to 6.5% of new mortgages in July, RBNZ data showsBy Jonathan UnderhillAug. 26 (BusinessDesk) - The proportion of home lending with deposits of less than a fifth of... 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 reputation as a low-cost hub for IT "offshoring" is becoming a thing of the past and... more

Connor raises Acurity offer, independents accept

26 Aug 2014 Business News
Article - BusinessDesk Connor Healthcare boosts Acurity take over offer to 38 percent premium on last share priceBy Suze MetherellAug. 26 (BusinessDesk) - Acurity Healthcare Group's independent directors have... more

Pacific Brands to sell workware unit to Wesfarmers

26 Aug 2014 Business News
Article - BusinessDesk Pacific Brands to sell workware unit to Wesfarmers after impairments led to full-year lossBy Suze MetherellAug. 26 (BusinessDesk) - Pacific Brands agreed to sell its workwear unit, which... more

Landcorp keen user of Fonterra's guaranteed milk price

26 Aug 2014 Business News
Article - BusinessDesk Landcorp, keen user of Fonterra's guaranteed milk price, looks to reduce dairy exposureBy Jonathan UnderhillAug. 26 (BusinessDesk) - Landcorp, New Zealand's biggest corporate farmer, has... more

CORRECT: Tourism Holdings 2014 profit jumps on fatter margin

26 Aug 2014 Business News
Article - BusinessDesk CORRECT: Tourism Holdings 2014 profit jumps on fatter margins, forecasts 35% jump in 2015(deletes reference in penultimate paragraph to 2015 dividend)By Suze MetherellAug. 26... more

NZ credit ratings, stable outlook affirmed by S&P

26 Aug 2014 Business News
Article - BusinessDesk NZ credit ratings, stable outlook affirmed by S&PBy Tina MorrisonAug. 26 (BusinessDesk) - New Zealand's credit ratings were affirmed by Standard & Poor's, citing the nation's... more

Leave Levin-Airport corridor alone, says Chamber

26 Aug 2014 Business News
Wellington Employers' Chamber of Commerce Business CentralWellington Employers’ Chamber of CommerceMedia Statement 26 August 2014 Leave Levin-Airport corridor alone, says ChamberThe Labour Party’s plans to... more

Another Taranaki well comes up dry

26 Aug 2014 Business News By Pattrick Smellie
Article - BusinessDesk   Another Taranaki well comes up dry Aug. 26 (BusinessDesk) - The string of unsuccessful offshore oil exploration wells continues, with the Whio-1 well to be plugged and abandoned,... more

Tourism Holdings 2014 profit jumps on fatter margins

26 Aug 2014 Business News
Article - BusinessDesk Tourism Holdings 2014 profit jumps on fatter margins, forecasts 35% jump in 2015By Suze MetherellAug. 26 (BusinessDesk) - Tourism Holdings, New Zealand and Australia's largest holiday... more

Landcorp posts 133% gain in full-year operating profit

26 Aug 2014 Business News
Article - BusinessDesk Landcorp posts 133% gain in full-year operating profit as dairy sales surgeBy Jonathan UnderhillAug. 26 (BusinessDesk) - Landcorp posted a 133 percent increase in full-year operating... more

NZ turns to a trade gap in July, led by falling log prices

26 Aug 2014 Business News
Article - BusinessDesk   NZ turns to a trade deficit in July, led by falling log prices By Tina Morrison Aug. 26 (BusinessDesk) - New Zealand posted its first monthly trade deficit in nine months in July,... more

Auckland Airport meets guidance with 11% gain in earnings

26 Aug 2014 Business News
Article - BusinessDesk Auckland Airport meets guidance with 11% gain in underlying earningsBy Jonathan UnderhillAug. 26 (BusinessDesk) - Auckland International Airport, the country’s main gateway, reported an... more

SLI System reports smaller FY loss, more cash than forecast

26 Aug 2014 Business News
Article - BusinessDesk SLI System reports smaller annual loss, more cash than forecastBy Suze MetherellAug. 26 (BusinessDesk) - SLI Systems, the search engine software developer which debuted on the NZX last... more

NZ Oil & Gas profit falls 61% as exploration costs surge

26 Aug 2014 Business News
Article - BusinessDesk NZ Oil & Gas annual profit falls 61% as exploration costs surgeBy Tina MorrisonAug. 26 (BusinessDesk) - New Zealand Oil & Gas, which has interests in the Tui and Kupe fields,... more

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News

NZ urges all parties to make Gaza ceasefire work

27 Aug 2014 News
Foreign Minister Murray McCully says New Zealand welcomes news that an indefinite ceasefire has been agreed by Israel and the ... more

The Dirty Politics Fallout

27 Aug 2014 Politics
3News-Reid Research poll shows that the Conservative Party is on the verge of making it into the next Parliament, even without an ... 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

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

Rugby World Cup 2015 Official Team Bases Announced

27 Aug 2014 Rugby
41 team bases selected for use at Rugby World Cup 2015 20 competing teams will be based across England and Wales Team bases selected... more

Emirates Team New Zealand update - 18 points from the last race not enough

26 Aug 2014 Sailing
  Today’s pictures are here, the video here   August 25 2014 There was good and not-so-go... more

Columns

NZ’s UN Security Council bid hangs by a nuclear thread

27 Aug 2014 Opinion By Bob Rigg
On 16 June the International Atomic Energy Agency (IAEA) in Vienna circulated a request backed by 18 members of the Arab League... more

Gordon Campbell on the US somersaults over Syria and Iran

26 Aug 2014 Opinion By Gordon Campbell
  Gordon Campbell on the US foreign policy somersaults over Syria and Iran Amidst the day-to-day reports about the military... 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