Wednesday, 01 March 2017

Business News

  • Government releases terms of reference on fuel price study

    13:44 | 24/2/17
    Scoop
    Feb. 24 (BusinessDesk) - The government has released the terms of reference of a study to determine how fair petrol and diesel prices are at the pump and the aim is to wrap it up by June, said Energy and Resources Minister Judith Collins. more»
  • Lake Hood re-allocates prime land in new development release

    13:44 | 24/2/17
    Scoop
    February 2017 , Lake Hood, Ashburton, Canterbury. Land that was previously allocated for high density apartments at Lake Hood has now been released as seven large sections. The sections available in stage 8b range in size from 1301sm2 to 2176sm2. more»
  • Countdown named NZ Direct Marketing Organisation of the Year

    13:38 | 24/2/17
    Scoop
    24 February, 2017: Countdown was awarded gold, silver and bronze at last night’s New Zealand Direct Marketing Awards for its myCountdown personalised email programme, as well as taking out the coveted Keith Norris - Direct Marketing Organisation of ... more»
  • Northland Residential Property Price Increases Accelerated

    13:31 | 24/2/17
    Scoop
    The average price being paid for residential property across all of Northland accelerated in the last quarter of 2016 to an all-time high of $554,000.  more»
  • NZ lamb wool price picks up

    13:30 | 24/2/17
    Scoop
    Feb. 24 (BusinessDesk) - New Zealand lamb wool prices picked up as the volume of bales offered for sale at auction declined.  more»
  • NZME reports little changed FY pro forma net profit

    12:46 | 24/2/17
    Scoop
    Feb. 24 (BusinessDesk) - NZME, the New Zealand media group awaiting Commerce Commission approval to acquire Fairfax Media’s local assets, reported a steady full-year pro forma net profit as challenging advertising markets were helped by a strong growth ... more»
  • Vista pays bigger-than-expected maiden dividend

    12:44 | 24/2/17
    Scoop
    Feb. 24 (BusinessDesk) - Vista Group International will pay a bigger maiden dividend than analysts were picking after the cinema analytics software developer's profit was bolstered by a gain on its Chinese joint venture and as underlying earnings increased ... more»
  • Vector first-half profit rises 7% on sales growth

    12:41 | 24/2/17
    Scoop
    Feb. 24 (BusinessDesk) - Vector, the Auckland-based electricity and gas distributor, posted a 7 percent gain in first-half profit, driven by stronger sales, lower finance costs and a one-time gain after a Court of Appeal ruling on a tax claim. more»
  • Mnuchin says impact of US tax reform will take time

    11:48 | 24/2/17
    Scoop
    Feb. 24 (BusinessDesk) - The New Zealand dollar rose after new US Treasury Secretary Steven Mnuchin indicated it would take time for fiscal policy reform to impact the US economy, frustrating traders betting on Trump administration stimulus and a stronger ... more»
  • Focused and consistent strategy sees CBL beat forecasts

    11:25 | 24/2/17
    Scoop
    A focused and consistent strategy has seen specialist insurer CBL Corporation overcome currency headwinds and one-off expenses to celebrate its first full year as a listed company by posting another solid result for the year ended 31 December 2016. more»
  • Employment forecast to grow by 48,000 per annum to 2025

    11:20 | 24/2/17
    Scoop
    The Ministry of Business, Innovation and Employment (MBIE) has today released the report Medium to Long-Term Employment Outlook: Looking Ahead to 2025 .  more»
  • 2016 Full Year Results

    11:19 | 24/2/17
    Scoop
    WPP AUNZ Limited (“WPP AUNZ” “the Group” ASX: WPP), Australasia’s leading marketing content and communications group, today announced its financial results for the year ended 31 December 2016.  more»
  • Crowe Horwath Nelson appoints new Associate Principal

    11:15 | 24/2/17
    Scoop
    The Nelson Tasman region’s largest business advisory and accountancy firm Crowe Horwath has appointed Justine Kennard to Associate Principal. Justine was promoted from the role of Senior Client Manager.  more»
  • Cigna receives top HR awards

    11:10 | 24/2/17
    Scoop
    Cigna New Zealand was recognised at last night’s 2017 NZ HR Awards in Auckland receiving the Christian Dahmen Memorial Award Innovation Award, while Cigna’s CEO Lance Walker was awarded the Supportive CEO of the Year Award. more»
  • High-strength beer available doubles in five years

    10:58 | 24/2/17
    Scoop
    In 2016, 17 percent more high-strength beer was available than in 2015, Statistics New Zealand said today. The rise follows a 38 percent increase in 2015.  more»
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