Business

NZX launches three new ETFs

27 Mar 2015 Business News
Article - BusinessDesk NZX launches three new ETFsBy Suze MetherellMarch 27 (BusinessDesk) - NZX's Smartshares unit, which is being combined with new acquisition Superlife next year, is launching three more... more

NZ dollar reverses overnight gain on weaker dairy futures

27 Mar 2015 Business News
Article - BusinessDesk NZ dollar reverses overnight gain on weaker dairy price concernsBy Tina MorrisonMarch 27 (BusinessDesk) - The New Zealand dollar fell as dairy futures weakened, raising concern about the... more

ComCom likely to allow Cavalier, NZ Wool Services merger

26 Mar 2015 Business News
Article - BusinessDesk ComCom likely to allow Cavalier, NZ Wool Services to merge scouring operationsBy Suze MetherellMarch 26 (BusinessDesk) - The Commerce Commission is likely to allow Cavalier Wool Holdings... more

MARKET CLOSE: NZ shares fall, paced by Fletcher, Fonterra

26 Mar 2015 Business News
Article - BusinessDesk MARKET CLOSE: NZ shares fall, paced by Fletcher, Air NZ, FonterraBy Suze MetherellMarch 26 (BusinessDesk) - New Zealand shares fell, paced by Fletcher Building and Air New Zealand, as a... more

NZ dollar extends slide against euro as Yellen awaited

26 Mar 2015 Business News
Article - BusinessDesk NZ dollar extends slide against euro, greenback as Yellen speech awaitedMarch 26 (BusinessDesk) - The New Zealand dollar extended its slide against the euro after a stronger-than-expected... more

Update: Hotchin settles with Perpetual before appeal

26 Mar 2015 Business News
Article - BusinessDesk Update: Hotchin settles with Perpetual before appeal to draw trustees into FMA case(Updates with Guardian Trust argument, details of case history, reserved decision)By Suze MetherellMarch... more

NZX plans to launch equity options trading on April 24

26 Mar 2015 Business News
Article - BusinessDesk NZX plans to launch equity options trading on April 24By Tina MorrisonMarch 26 (BusinessDesk) - NZX, which operates New Zealand's stock market, plans to start offering equity options... more

NZ commercial property lending less risky now: RBNZ

26 Mar 2015 Business News By Fiona Rotherham
  NZ commercial property lending less risky now due to lower debt funding March 26 (BusinessDesk) - The Reserve Bank said New Zealand’s $180 billion commercial property sector has become less risky ... more

SeaDragon signs new agreements for shark liver oil

26 Mar 2015 Business News
Article - BusinessDesk SeaDragon signs new agreements for shark liver oil; costs jump in Nelson refineryBy Jonathan UnderhillMarch 26 (BusinessDesk) - SeaDragon, which manufactures fish oil for health... more

Hotchin settles with Perpetual before Supreme Court hearing

26 Mar 2015 Business News
Article - BusinessDesk Update: Hotchin settles with Perpetual before appeal to draw into FMA case(Updates with settlement, Gedye's argument throughout, corrects QC reference)By Suze MetherellMarch 26... more

Hotchin drops Perpetual in appeal case

26 Mar 2015 Business News
Article - BusinessDesk Hotchin drops Perpetual in appeal caseBy Suze MetherellMarch 26 (BusinessDesk) - Mark Hotchin, principal of failed finance company Hanover, has abandoned his appeal against Perpetual... more

MetService says FY earnings will miss target on MoT delays

26 Mar 2015 Business News
Article - BusinessDesk MetService expects FY earnings to drop on delays inking new MoT contractBy Tina MorrisonMarch 26 (BusinessDesk) - Meteorological Service of New Zealand, the state-owned weather bureau,... more

Milmeq wins innovation award after doubling export revenue in two years

26 Mar 2015 Business News By Fiona Rotherham
March 26 (BusinessDesk) - Milmeq, which designs, engineers and manufactures systems for primary food processing, has doubled export revenue in the past two years. Its technology success has not gone unnoticed... more

NZ dollar falls vs. euro on German business confidence survey

26 Mar 2015 Business News By Tina Morrison
March 26 (BusinessDesk) - The New Zealand dollar declined against the euro after a positive survey of German business confidence bolstered investor sentiment about Europe's largest economy. The kiwi fell to... more

MARKET CLOSE: NZ shares fall, led by Fonterra fund

25 Mar 2015 Business News
Article - BusinessDesk MARKET CLOSE: NZ shares fall, led by Fonterra fund, on lower dividend guidanceBy Suze MetherellMarch 25 (BusinessDesk) - New Zealand shares fell, led by Fonterra Shareholders' Fund, after... more

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News

Royal succession laws come into force

26 Mar 2015 News
Legislation modernising rules applying to Royal succession to the throne came into force today in New Zealand and in the 16 Realms... more

McCully visits Iraq ahead of NZ deployment

24 Mar 2015 News
  Foreign Minister Murray McCully travelled to Baghdad yesterday for talks with Iraq’s Prime Minister Mr Haider al-Abadi... more

Business

PAYE for NZ firms proposed in biggest tax shake-up since '57

31 Mar 2015 Business News By Pattick Smellie
March 31 (BusinessDesk) - The government is floating the idea of businesses paying their tax on a pay-as-you-go (PAYE) basis, like... more

Mark Powell to depart Warehouse by Feb 2016 after 4 years

30 Mar 2015 Business News By Jonathan Underhill
March 30 (BusinessDesk) - Mark Powell will step down as chief executive of Warehouse Group by February 2016 after 14 years, the last... more

Living

2degrees lights up Auckland Harbour Bridge in World First

13 Mar 2015 Lifestyle
Fusing light, music, mobile and one of Auckland’s most recognisable landmarks together – 2degrees launched another Kiwi... more

Third Thursday Set to Groove

9 Mar 2015 Lifestyle
The sounds of legendary jazz musician Charles Mingus is set to raise the beat of Wellington’s waterfront on 19 March, when the... more

Property

NZ house prices rise 3.6% in February

12 Mar 2015 Property By Tina Morrison
  NZ house prices rise 3.6% in February, led by a 14% jump in Auckland prices March 12 (BusinessDesk) - New Zealand residential... more

Revealed: Auckland's cheapest suburbs

9 Mar 2015 Property
Many home buyers face long commute to Auckland jobs as they move to Wellsford, Pokeno and Hamilton. Only six areas of Auckland still... more

Migration

PM plays down claim war criminals are living in NZ

2 Mar 2015 Migration
Prime Minister John Key says he is not aware of any suspected war criminals from the former Yugoslavia in New Zealand. The claim that... more

NZ migration rose to record in 2014

30 Jan 2015 Migration By Tina Morrison
  NZ migration surged to record in 2014, helped by robust economy Jan. 30 (BusinessDesk) - New Zealand migration surged to a... more

Travel

Foss welcomes agreement for rental vehicle code

17 Mar 2015 Travel & Tourism
Associate Transport Minister Craig Foss is welcoming a move by the rental vehicle industry to establish a Code of Best Practice to... more

Productive discussions on Queenstown’s tourism workforce

6 Mar 2015 Travel & Tourism
Sustainable workforce solutions were at the centre of discussions between Government Ministers and tourism industry representatives... more

Sport

ICC announces Team of the ICC Cricket World Cup 2015

31 Mar 2015 Cricket
The team was chosen by a select group of experts who were given the task of picking a balanced side on the basis of performances in... more

Black Caps have done us proud

31 Mar 2015 Cricket
Sport and Recreation Minister Jonathan Coleman says the Black Caps have done New Zealand proud in the ICC Cricket World Cup. Dr... more

Columns

Gordon Campbell on the Northland by-election

30 Mar 2015 Opinion
Column - Gordon Campbell   Gordon Campbell on the Northland by-election Supposedly, Winston Peters’ victory in Northland... more

ICC World Cup 2015: STEPHEN FLEMING: YES, NEW ZEALAND CAN!

28 Mar 2015 Opinion
Former New Zealand captain says the team will be focusing on enjoying themselves, knowing they are part of something that will be the... more

Kiwi Success

Tower names Seniors Money's Brett Wilson as CFO

18 Mar 2015 Appointments
  Tower names Seniors Money's Brett Wilson as CFO, replacing Boggs March 18 (BusinessDesk) - Tower, the listed general insurer,... more

Kiwi start-up Glassjar launches payments app in the US

6 Mar 2015 People
Glassjar, the kiwi software start-up whose app provides people an easy way of sharing bills, has launched in the United States. The... more

Recruitment

NZ Government moves to strengthen employment standards

26 Mar 2015 Recruitment
Workplace Relations and Safety Minister Michael Woodhouse today announced a package of measures to strengthen enforcement of minimum... more

RESEND: 63% of Warehouse permanent staff now on career wage

20 Mar 2015 Recruitment By Fiona Rotherham
  RESEND: Warehouse says 63% of permanent staff now on 'career retailer wage' (Fixes fourth paragraph to show Warehouse is... more