Wednesday, 07 December 2016

Business News

  • Sovereign announces health insurance enhancements

    16:34 | 7/12/16
    Scoop
    Ongoing medical advancements are creating the need for health insurance products to evolve to ensure New Zealanders benefit from the improvements. In response to medical advancements, Sovereign has announced a number of key enhancements to its ... more»
  • Spark Joins the Top Five Smartphone Vendors

    16:33 | 7/12/16
    Scoop
    AUCKLAND, 7th DECEMBER 2016 : According to IDC’s recently published third quarter smartphone shipment results, tracked from July to September 2016, Spark has pushed Alcatel out of the top five shipping vendors, by achieving three percent share of ... more»
  • West Coast farmer fined after “prolonged abuse” of cows

    16:29 | 7/12/16
    Scoop
    A West Coast dairy farmer has been fined $15,000 as a result of a tail-breaking case involving over 200 cows.  more»
  • Rockburn Wines appoints Rebecca Poynter as new GM

    16:26 | 7/12/16
    Scoop
    Rockburn Wines is pleased to announce that Rebecca Poynter has been appointed as their new General Manager, following the resignation of Paul Donaghy who, after six years with the winery, is leaving to pursue new projects.  more»
  • NZ Thoroughbred unit narrows annual loss as sales jump

    16:19 | 7/12/16
    Scoop
    Dec. 7 (BusinessDesk) - Australian retailing billionaire Gerry Harvey's local bloodstock business, NZ Thoroughbred Holdings, narrowed its annual loss in 2016 as revenue rose 35 percent on sales of yearlings and demand for its stallions. more»
  • Fonterra likely to lift farmer payouts further this season

    16:15 | 7/12/16
    Scoop
    Dec. 7 (BusinessDesk) - Fonterra Cooperative Group is expected to lift its farmgate milk price payout to farmers after a further gain in global dairy auction prices overnight. more»
  • NZ Chambers of Commerce thank John Key

    16:08 | 7/12/16
    Scoop
    As the leader of the National Party for 10 years, and Prime Minister for eight, he emphasised the importance of business to the economy, and under his leadership the country has enjoyed the fruits of a strong economy despite a sometimes very shaky ... more»
  • New visually driven website for Lake Wanaka Tourism

    15:41 | 7/12/16
    Scoop
    Wanaka, New Zealand (Wednesday 7 December, 2016) Lake Wanaka Tourism (LWT) has launched a fresh new-look website, designed to reflect the updated brand rolled out earlier this year. more»
  • No more disguising business employees as ‘volunteers’

    15:08 | 7/12/16
    Scoop
    Businesses in New Zealand are being warned by the Labour Inspectorate about disguising business employees as ‘volunteers’ following a nationwide investigation that revealed some concerning employment practices, particularly in the accommodation ... more»
  • Early Xmas present for bank customer careless with PIN

    14:58 | 7/12/16
    Scoop
    A bank customer who was careless with her phone banking PIN was lucky to get back $5,000 stolen from her account, says Banking Ombudsman Nicola Sladden. "Banks are not usually obliged to refund stolen money to customers who have been careless ... more»
  • Broadspectrum to build Powerco radio network

    14:38 | 7/12/16
    Scoop
    Broadspectrum in New Zealand has been selected by Powerco to design and build a private, digital, secure, mobile radio network across their North Island electricity distribution area. more»
  • Horticulture exporters gain flexibility from law changes

    14:19 | 7/12/16
    Scoop
    Horticulture New Zealand welcomes the New Zealand Horticulture Export Authority (HEA) Amendment Bill passed late yesterday, says chief executive Mike Chapman.  more»
Global Indices
CodeLastChange
NZ506,890210.30%
COMP5,333240.45%
DJI19,252360.18%
SP5002,21280.34%
DAX10,9351601.48%
FTSE6,874941.39%
NI22518,4971360.74%
TWI77.180.290.38%
Currencies
CodeLastChange
EURUSD1.0730.0010.09%
NZDUSD0.71400.00160.22%
AUDUSD0.74490.00130.17%
NZDAUD0.95820.00420.44%