Monday, 22 January 2018

Business News

  • ACI Asia-Pacific Announces Retirement of President

    15:56 | 11/1/18
    Scoop
    ACI Asia-Pacific Announces Retirement of President [January 11, 2018 – Hong Kong] Ms. Kerrie Mather, President of ACI Asia-Pacific, will retire from her position effective 31 January 2018. Ms. Mather recently announced her retirement as Managing Director ... more»
  • Softwood log exports hit new record, worrying processors

    15:39 | 11/1/18
    Scoop
    Jan. 11 (BusinessDesk) - New Zealand log exports hit a new record last year, underscoring the concerns of local manufacturers that the country is sending too many unprocessed logs overseas, posing a threat for local timber supply in the future and undermining ... more»
  • Australia Creates Tax Taskforce To Monitor Crypto Traders

    15:25 | 11/1/18
    Scoop
    The government of Australia is eyeing crypto traders as it establishes a taskforce to ensure tax compliance.  more»
  • Nextgen Energy Accepts Bitcoin for Bill Payment

    15:18 | 11/1/18
    Scoop
    Nelson, New Zealand (11 Jan 2017) – Nelson-based power retailer NextGen Energy announces it is now accepting Bitcoin for payment of electricity bills. The social enterprise company operates as a not-for-profit , uniquely donating all net profits ... more»
  • Rotorua named as top destination to visit in 2018

    15:06 | 11/1/18
    Scoop
    Rotorua named as top destination to visit in 2018 Rotorua has been named as one of the top places to see in the prestigious The New York Times’ 52 Places to Go in 2018 list. The list, described as a “starter kit for seeing the world” features ... more»
  • Vets supporting pet owners over potential microchip failures

    14:18 | 11/1/18
    Scoop
    Veterinarians supporting pet owners over potential microchip failures This press release updates the prior statement from the NZVA to give clarity to the chip numbers that may be faulty. Please disregard the previous update.  more»
  • Long-awaited rainfall for the upper South Island

    14:15 | 11/1/18
    Scoop
    Long-awaited rainfall for the upper South Island Over the past 36 hours there has been significant rainfall across the northern two-thirds of the South Island, with well over 150mm around Greymouth and the Alps and more to come. “This rain sticks ... more»
  • OGOG declares partial NZOG takeover unconditional

    14:13 | 11/1/18
    Scoop
    Jan. 11 (BusinessDesk) - OG Oil & Gas has declared its partial takeover for New Zealand Oil & Gas unconditional, having achieved more than enough support to take control of the NZX-listed energy explorer and producer.  more»
  • Warehouse expects first-half earnings to fall by up to 28%

    13:39 | 11/1/18
    Scoop
    Jan. 11 (BusinessDesk) - Warehouse Group expects first-half adjusted earnings from continuing operations to fall 22-to-28 percent as it keeps investing to transform the business.  more»
  • Appointment of Law Society Acting Executive Director

    13:10 | 11/1/18
    Scoop
    Mary Ollivier has been appointed Acting Executive Director of the New Zealand Law Society, from 16 January.  more»
  • Wait and see

    12:58 | 11/1/18
    Scoop
    The stock market looks likely to open on a relatively steady, wait and see note this morning after a surprisingly robust profit taking session yesterday. Two of traders’ major concerns appear left open to question by international markets last night. more»
  • NZD at 3-month high as China may scale back on US bonds

    12:04 | 11/1/18
    Scoop
    Jan. 11 (BusinessDesk) - The New Zealand dollar rose to a new three-month high as reports China may cut its purchases of new US government bonds weighed on Wall Street and the greenback.  more»
  • Stink bug treatment for Italian shipping containers

    11:35 | 11/1/18
    Scoop
    The Ministry for Primary Industries has introduced new treatment requirements to stop brown marmorated stink bug arriving into New Zealand in sea containers from Italy. more»
  • 2017 was a year of mixed sentiment in residential property

    11:10 | 11/1/18
    Scoop
    It was a disparate year for residential property values with a general trend of slowing in the rate of growth due to LVR speed limits, stricter retail bank lending criteria and uncertainty ahead of the election, along with periods of rapid value increases ... more»
  • Pace of NZ property value gains almost halves in 2017

    11:07 | 11/1/18
    Scoop
    Jan. 11 (BusinessDesk) - New Zealand property values rose at almost half the pace of the prior year in 2017 as tighter lending criteria, restrictions on highly leveraged loans, and electoral uncertainty took the wind out of the local housing market, Quotable ... more»
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EURUSD1.2230.0010.11%
NZDUSD0.72740.00050.07%
AUDUSD0.79880.00010.01%
NZDAUD0.91120.00110.12%