Wednesday, 17 October 2018

Latest News

  • NZ dollar headed for 1.2% weekly gain as shine comes off USD

    20:27 | 12/10/18
    Scoop
    Oct. 12 (BusinessDesk) - The New Zealand dollar is headed for a 1.2 percent weekly gain after the greenback fell on declining U.S. yields and further losses on Wall Street. more»
  • Economists expect RBNZ will look through inflation rise

    19:54 | 12/10/18
    Scoop
    Oct. 12 (BusinessDesk) - Rising oil prices, Auckland's regional fuel tax, and a sharply weaker New Zealand dollar are likely to have pushed inflation higher in the third quarter but not enough to ruffle any feathers at the Reserve Bank. more»
  • Mainzeal directors ignored forex loan risk

    19:41 | 12/10/18
    Scoop
    Oct. 12 (BusinessDesk) - Directors of failed property company Mainzeal, including former Prime Minister Jenny Shipley and former Brierley Investments boss Paul Collins, should have known there was a high risk they wouldn’t get back millions of dollars ... more»
  • SPTO announces new partnership with NZ Maori Tourism

    19:08 | 12/10/18
    Scoop
    SPTO announces new partnership with New Zealand Maori Tourism 12 October 2018, Suva, FIJI – The South Pacific Tourism Organisation is delighted to announce that it is partnering with New Zealand Maori Tourism for the premiere regional tourism ... more»
  • Law Society rejects assertion of revenue harvesting

    16:14 | 12/10/18
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    The New Zealand Law Society says it totally rejects reported assertions that it goes easy on lawyers in large law firms in order to continue collecting revenue from practising certificates. more»
  • Stuff the laggard among Fairfax businesses

    15:58 | 12/10/18
    Scoop
    Oct. 12 (BusinessDesk) - Stuff has been the laggard among Fairfax Media Group's trans-Tasman businesses in recent months and may be sharpened up for divestment if a merger with Australia's Nine Entertainment Co goes ahead.  more»
  • High power prices to persist with Pohokura outage

    15:31 | 12/10/18
    Scoop
    Oct. 12 (BusinessDesk) - High power prices may persist for another month with full production from the Pohokura gas field not expected to resume before late November.  more»
  • $434M sale of Wrightson's seeds fair to minorities

    14:25 | 12/10/18
    Scoop
    Oct. 12 (BusinessDesk) - Danish cooperative DLF Seeds' $434 million cash and debt bid to buy PGG Wrightson's seeds unit is fair to minority shareholders, independent advisor KordaMentha says.  more»
  • NZ manufacturing PMI eases in September, still expanding

    14:24 | 12/10/18
    Scoop
    Oct. 12 (BusinessDesk) - New Zealand's manufacturing activity was still expanding in September although a dip in production and new orders may signal tougher times ahead.  more»
  • Exploration ban a risk to power security - Genesis

    14:23 | 12/10/18
    Scoop
    Oct. 12 (BusinessDesk) - The government’s proposed ban on new offshore exploration will create uncertainty over long-term gas supplies and risks delaying the shift away from coal in electricity generation, Genesis Energy says. more»
  • Consistent machine guarding failures a wakeup call

    13:41 | 12/10/18
    Scoop
    In the last three months, four manufacturing companies have been sentenced under the Health and Safety at Work Act on charges for inadequately guarding machinery. So far this year, 11 manufacturing companies have been sentenced for machine guarding ... more»
  • REANNZ welcomes new Directors

    12:36 | 12/10/18
    Scoop
    REANNZ welcomes three new directors appointed to its Board by the Minister of Research, Science and Innovation, the Hon Dr Megan Woods. They are Sara Brownlie, Dr Judith Johnston and David Skinner. more»
  • Package of assistance needed for vulnerable power consumers

    12:32 | 12/10/18
    Scoop
    Oct. 12 (BusinessDesk) - Measures to help vulnerable consumers meet their energy costs need to be targeted as part of broader government support mechanisms, the Major Electricity Users’ Group says. more»
  • Retirement Commissioner urges calm over KiwiSaver funds

    12:10 | 12/10/18
    Scoop
    The sharemarket drop over the past two days should not be a reason for people to mess with their KiwiSaver funds, says Retirement Commissioner Diane Maxwell.  more»
  • Get advice before burn-off

    12:09 | 12/10/18
    Scoop
    Farmers are being urged to seek advice from rural fire officers before burning off standing vegetation or slash after a burn-off got out of control in Northland on Wednesday. more»
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