Business

CORRECT: Methven lifts 1H profit 3.4% on cost-cuts

25 Nov 2014 Business News
Article - BusinessDesk CORRECT: Methven lifts 1H profit 3.4% on cost-cuts, lower tax bill(Corrects chief executive's name to David from Daniel in fourth paragraph)By Suze MetherellNov. 25 (BusinessDesk) -... more

NZ inflation expectations slide as growth prospects slow

25 Nov 2014 Business News
Article - BusinessDesk NZ inflation expectations slide as growth prospects slow, RBNZ surveyBy Paul McBethNov. 25 (BusinessDesk) - New Zealand businesses have trimmed their expectations for consumer inflation... more

Methven lifts 1H profit 3.4% on cost-cuts, lower tax bill

25 Nov 2014 Business News
Article - BusinessDesk Methven lifts 1H profit 3.4% on cost-cuts, lower tax billBy Suze MetherellNov. 25 (BusinessDesk) - Methven, the NZX-listed tap and shower manufacturer and exporter, lifted first-half... more

Pumpkin Patch may breach convenants if Xmas sales struggle

25 Nov 2014 Business News
Article - BusinessDesk Pumpkin Patch may breach banking covenants if Christmas sales underperformBy Suze MetherellNov. 25 (BusinessDesk) - Pumpkin Patch chair Peter Schuyt says trading conditions remain... more

Green Cross Health first-half profit falls 2% as costs rise

25 Nov 2014 Business News
Article - BusinessDesk Green Cross Health first-half profit falls 2% as costs riseNov. 25 (BusinessDesk) - Green Cross Health, formerly known as PharmacyBrands, posted a 2 percent decline in first-half profit... more

UPDATE: ERoad 1H loss in line with forecast

25 Nov 2014 Business News
Article - BusinessDesk UPDATE: ERoad 1H loss in line with forecast, Oregon market may be bigger than first thought(Updated with chief executive comment throughout)By Suze MetherellNov. 25 (BusinessDesk) - ERoad... more

CORRECT: Carbon farmer sues MRP over $34.7M in ETS row

25 Nov 2014 Business News
Article - BusinessDesk CORRECT: Carbon farmer sues MRP over $34.7 million in ETS credits row(corrects byline)By Fiona RotherhamNov. 25 (BusinessDesk) - New Zealand Carbon Farming, the country’s largest supplier... more

Carbon farmer sues MRP over $34.7 million in ETS credits row

25 Nov 2014 Business News
Article - BusinessDesk Carbon farmer sues MRP over $34.7 million in ETS credits rowBy Pattrick SmellieNov. 25 (BusinessDesk) - New Zealand Carbon Farming, the country’s largest supplier of post-1989 bulk carbon... more

Abano forecasts 40% jump in first-half profit as sales grow

25 Nov 2014 Business News
Article - BusinessDesk Abano forecasts 40% jump in first-half profit as sales growNov. 25 (BusinessDesk) - Abano Healthcare, the listed healthcare investor, said first-half profit may rise 40 percent even in... more

Cavalier chair James defends management, board at AGM

25 Nov 2014 Business News
Article - BusinessDesk Cavalier chair James defends management, board to shareholdersBy Suze MetherellNov. 25 (BusinessDesk) - Cavalier Corp chairman Alan James has defended his two-decade tenure as head of the... more

Acurity takeover bid extended as ComCom decision pushed out

25 Nov 2014 Business News
Article - BusinessDesk Acurity takeover bid extended as ComCom decision pushed outBy Paul McBethNov. 25 (BusinessDesk) - Connor Healthcare's takeover bid for private hospital operator Acurity Health Group has... more

Chorus expects lower UFB build costs from new contracts

25 Nov 2014 Business News
Article - BusinessDesk Chorus expects lower UFB build costs this year after signing new contractsBy Paul McBethNov. 25 (BusinessDesk) - Chorus, the regulated telecommunications network operator, expects cheaper... more

ERoad 1H loss in line with forecast, sees upside in Oregon

25 Nov 2014 Business News
Article - BusinessDesk ERoad 1H loss in line with forecast, Oregon market may be bigger than first thoughtBy Suze MetherellNov. 25 (BusinessDesk) - ERoad, the logistics and fleet management company, is on track... more

Chorus expects lower UFB build costs with new contracts

25 Nov 2014 Business News
Article - BusinessDesk Chorus expects lower UFB build costs after signing new contractsBy Paul McBethNov. 25 (BusinessDesk) - Chorus, the regulated telecommunications network operator, expects the roll-out of... more

RESEND: NZ dollar falls vs. euro after confidence survey

25 Nov 2014 Business News
Article - BusinessDesk RESEND: NZ dollar falls vs. euro after confidence survey, ECB moves weighed(Removes garble from third paragraph)Nov. 25 (BusinessDesk) - The New Zealand dollar declined against the euro... more

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News

Household savings rate positive for five years

26 Nov 2014 News
New Zealand households have together saved more than they spent over the past five consecutive years – the first time this has... more

Government Inquiry report released

25 Nov 2014 Politics
Prime Minister John Key has today released the findings of the Government Inquiry into allegations regarding Judith Collins and a ... more

Business

Foreign Minister thanks outgoing Chief Executive

26 Nov 2014 Business News
New Zealand Government Foreign Minister thanks outgoing Chief Executive Foreign Minister Murray McCully today thanked outgoing MFAT... more

Extreme commute: From New Zealand to rural Iceland

18 Nov 2014 Business News
Every year, several dozen butchers make an epic commute - from provincial New Zealand to rural Iceland - for just two months' work.... more

Living

Hawaiian Voyagers Return to Reaffirm their Link with Maori

17 Nov 2014 Lifestyle
WAITANGI, New Zealand – When intrepid Hokulea crewmembers first sailed to Aotearoa (New Zealand) 29 years ago using the ... more

Sir Edmund Hillary Scholarship team in Round the Bridges

14 Nov 2014 Lifestyle
A University of Waikato Sir Edmund Hillary Scholarship team is set to compete in this Sunday’s Round the Bridges. The team of... more

Property

More homes coming on board for Christchurch tenants

18 Nov 2014 Property
Social Housing Minister Paula Bennett is impressed with Housing New Zealand’s progress in building, redeveloping and repairing... more

New initiatives to improve tenancy services

17 Nov 2014 Property
Changes to the delivery of key tenancy services are set to streamline and speed up processes for landlords and tenants, Building and... more

Migration

NZ net migration rises to record in Oct as more kiwis return

24 Nov 2014 Migration By Suze Metherell
NZ net migration rises to fresh record in Oct as more kiwis return, Indian students arrive Nov. 24 (BusinessDesk) - New Zealand's... more

Australians & New Zealanders should be free to live & work in UK

3 Nov 2014 Migration
Australians and New Zealanders should be granted special status to live and work in the United Kingdom without restriction, a new... more

Travel

Doubling of flights between NZ and China

26 Nov 2014 Travel & Tourism
New Zealand Government Flights between New Zealand and China are set to double under amended air services arrangements, says ... more

NZ guest nights jump to a record in September on rise in international travelers

12 Nov 2014 Travel & Tourism By Tina Morrison
Nov. 12 (BusinessDesk) - New Zealand guest nights rose 1.1 percent to a record for a September month, driven by a rebound in ... more

Sport

ASB Classic Full Field welcomes five Top 30 players, and world number one doubles pair

26 Nov 2014 ASB Tennis
NZ Festival of TennisFeaturing some of the biggest names in world tennis, organisers of the ASB Classic are pleased to announce one... more

Lydia Ko gets record LPGA haul - and a US$1.5m payday!

24 Nov 2014 Golf
NAPLES, Fla. -- New Zealand teenager Lydia Ko was an instant millionaire even before she went into a three-way playoff Sunday in the... more

Columns

Gordon Campbell on the inquiry on one case of dirty politics

26 Nov 2014 Opinion By Gordon Campbell
Suddenly, we’re awash in inquiries and reviews. (It feels almost as if the Greens won the last election.) Caught out by the... more

Gordon Campbell on Rick Ellis as Te Papa’s new CEO

24 Nov 2014 Opinion By Gordon Campbell
The recent appointment of former TVNZ boss Rick Ellis to head Te Papa has copped a fair bit of criticism... more

Kiwi Success

New Chair of Financial Markets Authority

26 Nov 2014 Appointments
New Zealand Government Commerce and Consumer Affairs Minister Paul Goldsmith today announced the appointment of Murray Jack as the... more

Dame Anne Salmond appointed Patron of Sail Training Trust

25 Nov 2014 Appointments
R.Tucker Thompson Sail Training Trust Dame Anne Salmond appointed Patron of Northland-based Sail Training Trust   Former New... more

Recruitment

Smiths City starts CEO search after Hellings signals exit

12 Nov 2014 Recruitment
Article - BusinessDesk   Smiths City starts search for new CEO after Hellings signals exit By Paul McBeth Nov. 12 (BusinessDesk)... more

More than 600 take up 3K to Christchurch jobs

28 Oct 2014 Recruitment
Social Development Minister Anne Tolley says the Government’s 3K to Christchurch scheme is a winner with 633 unemployed people... more