Business

Gentrack 1H profit rises by a third; flags risk to FY profit

28 May 2015 Business News
Article - BusinessDesk Gentrack first-half profit rises by a third; flags risk of not meeting full-year prospectus forecastBy Fiona RotherhamMay 28 (BusinessDesk) - Gentrack, which develops utilities and... more

Chevron to exit NZ Refining, shares halted for bookbuild

28 May 2015 Business News
Article - BusinessDesk Chevron to exit NZ Refining, shares halted for bookbuild of 11% stakeBy Jonathan UnderhillMay 28 (BusinessDesk) - Chevron New Zealand, which operates the Caltex service station chain,... more

Listed craft brewer Moa trims losses while ramping up sales

28 May 2015 Business News
Article - BusinessDesk Listed craft brewer Moa reduces losses while ramping up salesBy Fiona RotherhamMay 28 (BusinessDesk) - Moa Group, the listed boutique beer maker, has cut its annual loss by 5 percent and... more

Fonterra cuts this season's milk price by 10c, forecasts $5.

28 May 2015 Business News By Fiona Rotherham
  Fonterra cuts this season's milk price by 10c, forecasts $5.25/kgMS for 2015 May 28 (BusinessDesk) - Fonterra Cooperative Group, the world’s largest dairy exporter, has announced a cautious opening ... more

NZ dollar touches new 2-month low ahead of Fonterra forecast

28 May 2015 Business News
Article - BusinessDesk NZ dollar touches fresh two-month low as Fonterra payout forecast awaitedBy Tina MorrisonMay 28 (BusinessDesk) - The New Zealand dollar touched a fresh two-month low ahead of an expected... more

Wellington unway extension opponents a noisy minority

27 May 2015 Business News
Article - BusinessDesk Runway extension opponents a noisy minority, says Wellington airport bossBy Suze MetherellMay 26 (BusinessDesk) - Opponents to the Wellington International Airport's mooted $350 million... more

MARKET CLOSE: NZ shares fall, led by Metro Glass

27 May 2015 Business News
Article - BusinessDesk MARKET CLOSE: NZ shares fall, led by Metro Glass; Spark, Fletcher sold in offshore exodusBy Suze MetherellMay 27 (BusinessDesk) - New Zealand shares fell, led by Metro Performance Glass... more

NZ dollar rises with Fonterra 2016 forecast due tomorrow

27 May 2015 Business News
Article - BusinessDesk NZ dollar rises with Fonterra 2016 forecast due tomorrowBy Paul McBethMay 27 (BusinessDesk) - The New Zealand dollar bounced from a two-month low in local trading as investors await the... more

Ralph Norris to step down from Fonterra board in November

27 May 2015 Business News
Article - BusinessDesk Ralph Norris to step down from Fonterra board in NovemberBy Fiona RotherhamMay 27 (BusinessDesk) - Ralph Norris is to step down from the board of Fonterra Co-operative Group following its... more

UPDATE: SkyCity convention centre could be delayed, CEO says

27 May 2015 Business News
Article - BusinessDesk UPDATE: SkyCity CEO says convention centre could be delayed by six months if consents are non-notified(recasts, adds CEO comment)By Fiona RotherhamMay 27 (BusinessDesk) - SkyCity... more

SkyCity says 2H sales up 17.9% to date, eyes property

27 May 2015 Business News
Article - BusinessDesk SkyCity says 2H sales up 17.9% to date, considers property sales to help fund major projectsBy Fiona RotherhamMay 27 (BusinessDesk) - SkyCity Entertainment Group, the listed casino... more

Bob Jones ejected from Air NZ flight

27 May 2015 Business News
Article - BusinessDesk Bob Jones ejected from Air NZ flightBy Pattrick SmellieMay 27 (BusinessDesk) - Property magnate Bob Jones was ejected from an Air New Zealand flight after refusing to take instructions... more

Turners' profit surges 120%

27 May 2015 Business News
Article - BusinessDesk Turners' profit surges 120% on the back of acquisitions, bolstered loan bookBy Suze MetherellMay 27 (BusinessDesk) - Turners, formerly known as Dorchester Pacific, more than doubled... more

Westland Milk affirms 2015 payout, sees increase in 2016

27 May 2015 Business News
Article - BusinessDesk Westland Milk affirms 2015 payout, sees increase to $5.60-$6 for 2016By Jonathan UnderhillMay 27 (BusinessDesk) - Westland Milk Products, New Zealand's second-largest dairy cooperative,... more

NZ govt seeks $1B saving by making Puhoi-Warkworth a PPP

27 May 2015 Business News
Article - BusinessDesk NZ government seeks $1 bln saving by making Puhoi-Warkworth Highway a PPPMay 27 (BusinessDesk) - The government will put the financing and construction of the Puhoi-Warkworth Highway out... more

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News

Minister to attend defence talks in Singapore

28 May 2015 News
Defence Minister Gerry Brownlee leaves today for Singapore to join his counterparts at the 14th annual Shangri-La... more

Waitangi signing commemorated 175 years on

26 May 2015 News
Horizons Regional Council Waitangi signing commemorated 175 years on A Rangitikei River stone monument commemorating a significant... more

Business

Reserve Bank unlikely to cut OCR next month: Westpac

28 May 2015 Business News
Article - BusinessDesk   Reserve Bank unlikely to cut OCR next month, line-ball on cut this year, Westpac says By Anna Lu May 28... more

Fonterra cuts this season's milk price by 10c, forecasts $5.

28 May 2015 Business News By Fiona Rotherham
  Fonterra cuts this season's milk price by 10c, forecasts $5.25/kgMS for 2015 May 28 (BusinessDesk) - Fonterra Cooperative... more

Living

NZ Surfer Daniel Kereopa in New Documentary

23 May 2015 Lifestyle
The pride and glory of winning The Ultimate Waterman is relived for Kiwi Daniel Kereopa in a documentary that went live online this... more

Britain remembers the ANZACs - 100 years on

25 Apr 2015 ANZAC By Charlotte Everett
100 years after allied forces landed in Gallipoli, 25 April – ANZAC Day – has been commemorated in the UK officially for... more

Property

New guidance on home construction

22 May 2015 Property
Building and Housing Minister Dr Nick Smith today released at the Certified Builders’ Association conference in Christchurch... more

Goodman Property lifts FY earnings 5.4% on revenue growth

20 May 2015 Property By Paul McBeth
  Goodman Property lifts FY earnings 5.4% on revenue growth, cost clamp down May 20 (BusinessDesk) - Goodman Property Trust,... more

Migration

Migrant exploitation Bill passed

30 Apr 2015 Migration
The Immigration Amendment Bill (No 2) which cracks down on employers who exploit migrant workers passed its final reading in... more

NZ migration hits new annual record in March

23 Apr 2015 Migration By Tina Morrison
April 23 (BusinessDesk) - New Zealand migration hit a new annual record in March, as more students arrived from India and China and... more

Travel

UPDATE: Bob Jones ejected from Air NZ flight

27 May 2015 Travel & Tourism By Pattrick Smellie
  UPDATE: Bob Jones ejected from Air NZ flight as passengers applaud (Corrects flight number to 421, adds passenger... more

Border clearance levy to be introduced

21 May 2015 Travel & Tourism
New Zealand Government Hon Nathan GuyMinister for Primary IndustriesHon Nicky WagnerMinister of Customs 21 May 2015 Border clearance... more

Sport

Grant Apologises for Unacceptable Behaviour

28 May 2015 Netball
Following a disciplinary hearing staged yesterday afternoon by the Trans Tasman Netball League (TTNL), operators of the ANZ... more

Kiwis Prepare to ‘Sprint’ Around Hyde Park

28 May 2015 Sport
London is the next stop on the ITU World Triathlon Series circuit and a host of New Zealanders will line up on the sprint course at... more

Columns

Gordon Campbell on the FIFA scandal , and similar dirty deal

28 May 2015 Opinion By Gordon Campbell
  Face it, it has been a very, very bad week for anyone who thinks that a) FIFA is a damn fine organisation run by guys who... more

Gordon Campbell on Budget 2015

22 May 2015 Opinion By Gordon Campbell
From the outset, the slogan for yesterday’s Budget - “The Plan Is Working” – begged to be mocked.... more

Kiwi Success

2015 Youth Awards winners announced

26 May 2015 People
Youth Minister Nikki Kaye today announced the recipients of the 2015 Youth Awards. Winners will be presented with awards at a... more

Top biology student off to Denmark Olympiad

21 May 2015 People
Sixteen-year-old Waikato Dio student Nikita Lyons is one of four students representing New Zealand at the International Biology... more

Recruitment

NZ employees rate work-life balance as top priority

26 May 2015 Press Releases By Anna Lu
  NZ employees rate work-life balance as top priority, while job seekers eye cash, survey shows May 26 (BusinessDesk) - New... more

NZ's growing ICT sector drives more diverse economy: Joyce

15 May 2015 State of the Market Report By Paul McBeth
  NZ's growing ICT sector drives rapid economic diversification, Joyce says May 15 (BusinessDesk) - New Zealand's information... more