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NZIER modelling points to 100% business pessimism

Just how bad is business confidence? It's bad, and it's far from over.The latest quarterly survey of business opinion by the New Zealand Institute of Economic Research included comments only up to March 20, six days before the national...

Source: - Business | 7 Apr 2020 | 6:02 pm(NZT)

NZ shares rise; Auckland Airport rallies after $1b placement

New Zealand shares rose as Auckland International Airport resumed trading after successfully raising $1 billion in a discounted placement to shore up its balance sheet. The S&P/NZX 50 Index increased 46.03 points, or 0.5 per cent,...

Source: - Business | 7 Apr 2020 | 5:59 pm(NZT)

NZ dollar rebounds on hopes of Covid-19 receding

The New Zealand dollar rebounded as markets, particularly equities markets, took hope from signs that new infections with the Covid-19 virus are starting to taper in some of the worst-hit places such as Italy, Spain and New York.The...

Source: - Business | 7 Apr 2020 | 5:50 pm(NZT)

Covid 19 coronavirus: FMA clamps down on misleading insurance ads

The Financial Markets Authority (FMA) is clamping down on fear-mongering insurance ads tapping into public concerns about Covid-19. Last week, the FMA successfully requested the removal of two advertorials a financial adviser had...

Source: - Business | 7 Apr 2020 | 5:42 pm(NZT)

Infracom backs emergency procurement measures

The Infrastructure Commission, Te Waihanga (Infracom) has welcomed the Government’s decision to set emergency procurement measures in train with the advent of COVID-19, to help keep the construction industry in business.

Source: - Business | 7 Apr 2020 | 4:53 pm(NZT)

An update on TUANZ for media contacts

TUANZ has been representing users of communications and digital technology for more than 35 years and over that time the world around us has changed significantly.

Source: - Business | 7 Apr 2020 | 4:46 pm(NZT)

Local advocacy key to central response - CECC

"Cashflow, confidence and connection" are pivotal during these challenging times, says Canterbury Employers’ Chamber of Commerce Chief Executive Leeann Watson.

Source: - Business | 7 Apr 2020 | 4:35 pm(NZT)

Expanded large scale asset purchases - RBNZ

The Reserve Bank of New Zealand has added $3 billion of Local Government Funding Agency (LGFA) debt to its Large Scale Asset Purchase programme (LSAP). This represents approximately 30 percent of the total LGFA debt on issue, and takes the total size of the LSAP to $33 billion over 12 months.

Source: - Business | 7 Apr 2020 | 3:38 pm(NZT)

Company charged over December dairy effluent discharge - council

A farming company has been charged with the discharge of a significant volume of dairy effluent from a Patoka farm into a tributary of the Mangatutu Stream, which flows into the Tutaekuri River late last year.

Source: - Business | 7 Apr 2020 | 3:29 pm(NZT)

Covid 19 coronavirus: Auckland International Airport, Harvey Norman millions from wage subsidy

Auckland International Airport (AIA) has applied for, and been paid out, $4.3m under the wage subsidy scheme as the fallout from the global Covid-19 outbreak sees air traffic plummet.And Harvey Norman is one of the larger recipients,...

Source: - Business | 7 Apr 2020 | 12:03 pm(NZT)

healthAlliance wins prestigious security award

The Northern Region district health board (DHB) shared ICT service provider healthAlliance won Best Security Initiative / Project at the 2019 New Zealand Information Security Awards (iSANZ) at Te Papa in Wellington on Tuesday 12 November.

Source: Scoop NZ - Business | 15 Nov 2019 | 11:32 am(NZT)

Cengage/McGraw-Hill merger

The Commerce Commission has published a Statement of Preliminary Issues relating to an application from Cengage Learning Holdings II, Inc. and McGraw-Hill Education Inc. to merge their global publishing businesses. In New Zealand both parties supply ...

Source: Scoop NZ - Business | 15 Nov 2019 | 11:23 am(NZT)

XE Data Update - Business NZ Manufacturing Index release

The Business NZ Manufacturing Index (PMI) survey results for October have just been released. The Business NZ Manufacturing Index came in notably higher compared to September: +52.6 % vs +48.8 % A reading above 50 indicates expansion. The NZD is ...

Source: Scoop NZ - Business | 15 Nov 2019 | 10:53 am(NZT)

Uninterrupted views to Kaikoura ranges and impressive garden

A five-hectare Cheviot property with a large country house and one of the best private gardens in North Canterbury, which is part of a small but flourishing cottage industry, is on the market for sale.

Source: Scoop NZ - Business | 15 Nov 2019 | 10:33 am(NZT)

CTU Appoints Andrea Black to Policy Director Role

The Council of Trade Unions is delighted to announce the appointment of Andrea Black to the role of Policy Director and Economist.

Source: Scoop NZ - Business | 15 Nov 2019 | 10:12 am(NZT)

iPhone X pushes Apple towards world first trillion dollar company

Sales of the pricey iPhone X pushed Apple's results far beyond Wall Street targets, with subscriptions from App Store, Apple Music and iCloud services bolstering business.

Source: Radio New Zealand Business Headlines | 1 Aug 2018 | 11:22 am(NZT)

Ebert Construction firm goes into receivership, workers locked out from sites

Ebert Construction Ltd has gone into receivership and workers are finding themselves locked out with no access to their tools this morning.

Source: Radio New Zealand Business Headlines | 1 Aug 2018 | 9:26 am(NZT)

House prices drop in Auckland, rise in Queenstown

Growth in house prices continues to slow, with the regions outperforming the main centres, where prices have gone back in some places.

Source: Radio New Zealand Business Headlines | 1 Aug 2018 | 6:48 am(NZT)

Business confidence slumps to 10-year low

Business confidence has slumped to its lowest level in nearly a decade and firms are barely positive about their own outlook.

Source: Radio New Zealand Business Headlines | 31 Jul 2018 | 9:21 pm(NZT)

Weetbix trademark violation case in court

A battle between two breakfast cereals has wound up in the High Court in Christchurch.

Source: Radio New Zealand Business Headlines | 31 Jul 2018 | 7:32 pm(NZT)

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