Monday, 25 June 2018

Business News

  • MARKET CLOSE: NZ shares dip, Air NZ, NZ Refining fall

    20:36 | 25/6/18
    June 25 (BusinessDesk) - New Zealand shares fell, led by Air New Zealand and NZ Refining while Kathmandu Holdings surged to a three-and-a-half-year high.  more»
  • NZ dollar falls slightly against USD

    20:21 | 25/6/18
    June 25 (BusinessDesk) - The New Zealand dollar was slightly weaker against the greenback as investors awaited any more news on the trade front as well as this week's cash rate decision from New Zealand's central bank.  more»
  • Bank sales tactics putting customer interests at risk

    20:19 | 25/6/18
    June 25 (BusinessDesk) - A new report shows bank staff are under increasing pressure to sell products such as KiwiSaver, insurance and credit cards to their customers, despite being urged last year to clean up their sales tactics. more»
  • Veritas shareholders overwhelmingly back refinancing deal

    19:40 | 25/6/18
    June 25 (BusinessDesk) - Veritas Investments shareholders overwhelmingly backed a $27.5 million refinancing deal with Japan's Nomura Holdings which gives the operator of the Better Bar Co a new lease of life. more»
  • Status of MBIE leaker remains confidential

    18:49 | 25/6/18
    June 25 (BusinessDesk) - State Services Minister Chris Hipkins has removed a cap on core public servant numbers he says caused a $272 million blowout in consultant fees paid by government departments over 10 years. more»
  • Banks Pushing Insurance Policies Annoys Customers

    16:44 | 25/6/18
    MoneyHub continues to receive complaints from readers who feel their banks are being irresponsible and annoying by pushing their staff to sell insurance during routine customer interactions. MoneyHub calls on this practice to be regulated with banks ... more»
  • Kathmandu shares rise after profit upgrade

    16:15 | 25/6/18
    June 25 (BusinessDesk) - Kathmandu Holdings shares jumped nearly 15 percent after the outdoor equipment retailer said it expects to increase profit this year on higher sales and better margins, with the market picking it could deliver at the top end ... more»
  • Innovative education portal for Electricity Authority

    15:56 | 25/6/18
    The Electricity Education Portal, released today, on the Electricity Authority website, is a first for the energy sector in New Zealand.  more»
  • NZ economy - risky business

    15:50 | 25/6/18
    The BusinessNZ Planning Forecast for the June 2018 quarter shows that though many key economic indicators remain on the positive side of the ledger, there are a number of risks that could undermine what is currently a generally healthy outlook. more»
  • NZ structural log prices hit 25-year high

    15:23 | 25/6/18
    June 25 (BusinessDesk) - New Zealand structural log prices rose to the highest level for 25 years as local mills compete with the export market to secure supply for the domestic construction market amid strong demand from China. more»
  • NZer John Gordon No. 6 Barista in the World

    15:07 | 25/6/18
    New Zealander John Gordon No. 6 Barista in the World Monday 25 June 2018 Kiwis’ love of coffee has been affirmed with one of our baristas being named one of the best in the world.  more»
  • Vintage 2018 benefits from warm summer

    14:35 | 25/6/18
    A warm summer benefited New Zealand’s winegrowing regions, with 419,000 tonnes of grapes harvested during Vintage 2018.  more»
  • One in five part-timers are underemployed

    14:13 | 25/6/18
    In 2017, one in five (20.6 percent) part-time workers wanted and were available to work more hours, Stats NZ said today. Underemployed people are those who work part time (fewer than 30 hours a week), but want and are available to increase their hours. more»
  • James & Wells proud to announce new partnership

    14:10 | 25/6/18
    Specialist intellectual property firm James & Wells is proud to announce their partnership with New Zealand SME business growth centre, The Icehouse.  more»
  • House hunting completely transformed in a New Zealand first

    14:05 | 25/6/18
    Barfoot & Thompson has opened the door to world-class interactive property marketing tools set to revolutionise the way Aucklanders buy and sell real estate.  more»
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