Thursday, 24 April 2014

Business News

  • Fiscal discipline key to keeping interest rates low

    14:48 | 24/4/14
    Fiscal discipline key to keeping interest rates low Federated Farmers today called on all political parties to commit to keep fiscal promises modest in this election year in order to keep interest rates low. This follows the Reserve Bank increasing ... more»
  • Pioneering South Otago tourism business goes up for sale

    14:45 | 24/4/14
    One of the first tourism ventures in South Otago developed to service the international visitor market has been placed on the market for sale – almost 40 years after it was first opened by one of the region’s most colourful characters. more»
  • Moody's cuts Cuba rating

    14:25 | 24/4/14
    Moody's has cut Cuba's credit rating, citing its vulnerability to an increase in fuel costs arising from turmoil in Venezuela.  more»
  • UPDATE:Southern Cross Forest lures foreign, local interest

    14:00 | 24/4/14
    April 24 (BusinessDesk) - Financially stricken wood processor Southern Cross Forest Products has attracted both local and international interest from potential buyers, and its receiver hopes to progress the sale next month.  more»
  • Mad Millie’s Latest Creation – Kefir Kit

    13:58 | 24/4/14
    Jumped on the homemade and healthy bandwagon and don’t know where to start? Well, Mad Millie can help you there with all of their do-it-yourself kits, but particularly with the newest edition – the Kefir Kit. more»
  • NZ Rate Themselves

    13:55 | 24/4/14
    By Chay Flack (Equities Dealer, CMC Markets Stockbroking) We have seen a steady morning that is expected to quiet down ahead of the long weekend. Equity options expired yesterday, which will inflate today’s volume as positions are exercised. ... more»
  • Rosebank sawmill to be closed

    13:31 | 24/4/14
    Seventy-nine jobs will be lost across Southern Cross Forest's South Island sites.  more»
  • Ruataniwha Business Case Peer Reviewed by Deloitte

    12:50 | 24/4/14
    Hawke’s Bay Regional Council will consider the Ruataniwha Water Storage Scheme Investment Statement of Proposal at its meeting next week on Wednesday 30 April. The Statement of Proposal forms the basis for public consultation. more»
  • Award recognises country’s top agricultural consultants

    12:34 | 24/4/14
    The hunt is on again for New Zealand’s top dairy, sheep and beef agricultural consultants and emerging rural professional with the opening of the Farmax Consultant of the Year Awards on 1 May. more»
  • Restructuring of Southern Cross Forest Products

    12:18 | 24/4/14
    The receivers of Southern Cross Forest Products (SCFP) announced today a restructuring of the South Island businesses. Receiver, Brendon Gibson from KordaMentha, said: “It is no secret that the company has long struggled to secure sufficient log supplies ... more»
  • Retail/Hospitality Setting Pace In 2014

    12:00 | 24/4/14
    Retail and hospitality businesses expecting higher revenue in 2014 Wages growth likely in sector  more»
  • The Steaks Are Raised as Semi-Finalists Take Their Place

    11:55 | 24/4/14
    The semi-finalists have been revealed in the annual Beef + Lamb New Zealand Steak of Origin Competition. The premier beef competition, sponsored by Zoetis, aims to find the most tender and tasty sirloin steak in New Zealand. In order to make it ... more»
  • Southern Cross Forest receiver to close mill, exit Australia

    11:54 | 24/4/14
    April 24 (BusinessDesk) - The receiver for Southern Cross Forest Products plans to shut one of the failed wood processor’s sawmills and wind up the unprofitable Australian business as it continues to find a buyer for the business.  more»
  • Megaupload renews effort to retrieve users' data

    11:48 | 24/4/14
    Kim Dotcom's former cloud storage service Megaupload is suing the government of Hong Kong in an effort to retrieve users' data.  more»
  • Argent Motor Lodge 4 star plus Qualmark-rated accommodation

    11:46 | 24/4/14
    Hamilton-based Argent Motor Lodge is excited to announce its 4 star plus Qualmark rating. Qualmark is New Zealand tourism’s official mark of quality. Qualmark works with a core set of criteria specifically designed to deliver an equitable and consistent ... more»
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