Tuesday, 21 February 2017

Business News

  • Rural professionals need to cut through the noise

    13:04 | 17/2/17
    Scoop
    As agricultural debt passes $60 billion set against the backdrop of continued market volatility and regulatory pressure, successfully managing a farming business in New Zealand has never been more challenging according to Crowe Horwath’s Head of Agribusiness ... more»
  • Steel & Tube 1H profit down 33% but upbeat about second half

    12:56 | 17/2/17
    Scoop
    Feb. 17 (BusinessDesk) - Steel & Tube Holdings, the NZX-listed steel products distributor, reported a 33 percent drop in first-half profit, hurt by a decline in non-residential construction, but expects things to pick up in the second half.  more»
  • Agrigate – the New Word in Farm Performance Management

    12:53 | 17/2/17
    Scoop
    Waikato dairy farmer Bill Aubrey believes Agrigate, the new online tool that is being launched today, will be revolutionary in helping farmers improve their farm performance.  more»
  • Car sales continue to rev up retail

    12:48 | 17/2/17
    Scoop
    Car sales continued to push the volume of total retail trade sales up, with sales rising 1.9 percent in the December 2016 quarter, Statistics NZ said today.  more»
  • Auckland Airport lifts first-half profit by 19%

    12:44 | 17/2/17
    Scoop
    Feb. 17 (BusinessDesk) - Auckland International Airport posted a 19 percent gain in first-half profit, a period when New Zealand's busiest gateway added airlines with increased capacity and new services and routes, and the country enjoyed record ... more»
  • Airways Chair Judy Kirk announces resignation of CEO Ed Sims

    12:32 | 17/2/17
    Scoop
    Airways New Zealand Chair Judy Kirk has today confirmed the resignation of Chief Executive Ed Sims after six years leading the state-owned enterprise.  more»
  • Partners Life Joins the FSC

    12:28 | 17/2/17
    Scoop
    The Financial Services Council announced today that Partners Life has joined the association, bringing the total number of members to 15 members and 14 Associate members. Financial Services Council Chief Executive Richard Klipin said, “We are ... more»
  • AFT Pharmaceuticals expects sales to hit analyst forecast

    12:26 | 17/2/17
    Scoop
    Feb. 17 (BusinessDesk) - AFT Pharmaceuticals, which manufactures the Maxigesic painkiller, expects annual sales to meet analysts' forecasts of about $70 million and has adjusted its loan covenant with shareholder Capital Royalty Group. more»
  • Abano recommends investors reject increased Healthcare offer

    12:24 | 17/2/17
    Scoop
    Feb. 17 (BusinessDesk) - Abano Healthcare recommended investors continue to reject a partial takeover bid for the medical investor after Healthcare Partners raised its offer price yesterday. Abano also refused to allow access to its books to pave ... more»
  • Term deposits – saving with the safety wheels on

    12:16 | 17/2/17
    Scoop
    Whether it’s saving for a new car, school fees, new home, or supplementing income in retirement, saving is a necessity for many of us. With the money just about spent before we’ve managed to save it, how do you minimise risk and maximise returns? ... more»
  • ANZ New Zealand Disclosure Statement

    11:58 | 17/2/17
    Scoop
    Australia and New Zealand Banking Group Limited (ANZ) NZ Branch Disclosure Statement for the three months ended 31 December 2016 was released today, showing unaudited statutory profit of NZ$403 million for ANZ New Zealand [1] , an increase from NZ$347 ... more»
  • Albacore tuna gets second sustainability tick

    11:48 | 17/2/17
    Scoop
    New Zealand¹s albacore tuna troll fishery has been re-certified by the Marine Stewardship Council (MSC) as being sustainably managed. The certification is valid for a period of 5 years and requires annual audits to ensure the fishery maintains its high level ... more»
  • Abano Advises Shareholders to Reject Varied Takeover Offer

    11:46 | 17/2/17
    Scoop
    The Board of Abano Healthcare Group Limited (NZX: ABA) has advised shareholders to reject the revised partial takeover offer price from Healthcare Partners Holdings Limited, which was yesterday increased by 16 cents per share (an increase of 1.6%). more»
  • First Fair Insurance Code data released

    11:36 | 17/2/17
    Scoop
    The Insurance Council of New Zealand released today its first Fair Insurance Code annual report of the number of claims received, the number of complaints made to internal and external dispute resolution schemes, along with the number of significant ... more»
  • NZ dollar may rise as markets await new Trump policies

    11:23 | 17/2/17
    Scoop
    Feb. 17 (BusinessDesk) - The New Zealand dollar was little changed and may test new multi-month highs against the greenback as optimism about US President Donald Trump's economic policies starts to wane. more»
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