Saturday, 29 April 2017

Business News

  • HiFX Morning Update, April 28 2017

    08:50 | 28/4/17
    The NZDUSD opens at 0.6877 (mid-rate) this morning. The NZD was the worst performing currency of the majors overnight. The Kiwi has traded a 203 point or 2.9% range this week from the high on Monday, and is down 6.8% from the 2017 high of 0.7376 Last ... more»
  • MARKET CLOSE: NZ stocks gain

    21:00 | 27/4/17
    April 27 (BusinessDesk) - New Zealand shares rose, as Fletcher Building benefited from government plans to beef up infrastructure spending, A2 Milk continued to climb after upbeat guidance and SkyCity Entertainment Group and Xero continued to recover ... more»
  • Summerset to grapple with ripple effect from caregiver wage

    20:59 | 27/4/17
    April 27 (BusinessDesk) - Summerset Group's board came under pressure regarding its plans for wage-earners who won't benefit from a recent government-funded lift in caregiver wages at its annual meeting in Wellington, but said it plans to be proactive. more»
  • Navis Capital sees $40-$80M capex for Mainland Poultry

    20:57 | 27/4/17
    April 27 (BusinessDesk) - Navis Capital, a private equity firm with about US$5 billion of investments, says there would be between $40 million and $80 million of capital expenditure required for Mainland Poultry, building a company with export opportunities ... more»
  • Rising tax take gives government more wiggle room

    20:56 | 27/4/17
    April 27 (BusinessDesk) - New Zealand's rising tax take, which was up 7.7 percent in the year to Feb. 28, has given the government room to beef up its infrastructure spending programme and target an aggressive debt reduction target, says Finance Minister ... more»
  • Cyberespionage and ransomware attacks are on the increase

    17:30 | 27/4/17
    Cyberespionage and ransomware attacks are on the increase warns the Verizon 2017 Data Breach Investigations Report  more»
  • The infrastructure boost will be powered by skills

    17:02 | 27/4/17
    The government’s announcement of $11 Billion in capital infrastructure over the next four years needs to be underpinned by investment in skills and workplace training, says the Industry Training Federation. more»
  • Joyce flags infrastructure spend

    16:09 | 27/4/17
    April 27 (BusinessDesk) - Finance Minister Steven Joyce kept mum on potential tax cuts in announcing a boost to spending on transport infrastructure over the four years, in part to cover the rebuild of State Highway 1 in the South Island, while ... more»
  • Tuwharetoa Settlement Trust acknowledges outgoing GM

    15:27 | 27/4/17
    Tuwharetoa Settlement Trust’s General Manager Dylan Tahau is to depart the Trust to take up a Strategic Development Manager position at Taupo District Council.  more»
  • Dairy expansion will hit limits, must chase value

    15:20 | 27/4/17
    April 27 (BusinessDesk) - Primary Industries Minister Nathan Guy says there is a limit to further dairy intensification in New Zealand and growing exports in the future will depend more on increasing the value of products rather than the volume. more»
  • Auckland in business talks with Japanese delegates

    15:13 | 27/4/17
    A high-level delegation of Japanese business leaders provides a golden opportunity for Auckland and its ambitious businesses to forge closer economic ties with a major trading partner. more»
  • Iconic Wellington Hotel to undergo multi-million dollar refu

    15:06 | 27/4/17
    Wellington’s Amora Hotel will temporarily close its doors on 27 May 2017 to undergo a multi-million dollar refurbishment of all rooms and public areas.  more»
  • US food guru to speak at horticulture conference

    14:59 | 27/4/17
    American food and agribusiness guru Roland Fumasi has today been announced as one of the keynote speakers for the Horticulture Conference 2017, on 14 July in Tauranga.  more»
  • Priority on infrastructure that supports growth

    14:36 | 27/4/17
    Chief Executive Kirk Hope says in key areas, including Kaikoura and Auckland, there is a need for priority spending on road and rail.  more»
  • Urban water dirtiest, but decline greatest in rural water

    14:34 | 27/4/17
    April 27 (BusinessDesk) - Urban areas have the biggest problem with polluted freshwater, but rural areas are showing a faster-declining trend in the quality of fresh water in lakes, rivers and streams, says the first report on New Zealand's freshwater resources ... more»
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