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Dairy exports up, providing good 'nutrition' for the economy - DairyNZ

The value of New Zealand dairy exports jumped by $1.47 billion to total $18.1 billion in the year ended June 30 - that’s got to be some good nutrition for the New Zealand economy, and help towards providing Kiwis with more of what they say matters to them.

Source: Voxy.co.nz - Business | 18 Sep 2019 | 1:36 pm(NZT)

Distribution reinvestment plan strike price set at $2.6386

Vital Healthcare Property Trust advises that the strike price for the distribution reinvestment plan operating in respect of the fourth quarter of the 2019 financial year is $2.6386 per unit. The strike price includes a discount of 1% to the weighted ...

Source: Scoop NZ - Business | 18 Sep 2019 | 1:23 pm(NZT)

Kathmandu shares rise 9.3% on strong FY result

Kathmandu Holdings shares rose 9.3 per cent after the company reported annual profit at the top end of its guidance, including a standout performance in the US.The outdoor equipment chain said net profit was $57.6 million in the...

Source: nzherald.co.nz - Business | 18 Sep 2019 | 1:09 pm(NZT)

Elasticsearch Service to Boost Consumer Loyalty

AUCKLAND, New Zealand & MOUNTAIN VIEW, Calif.--( BUSINESS WIRE )--Elastic N.V. (NYSE: ESTC), the company behind Elasticsearch and the Elastic Stack, announced that The Warehouse, a popular retail outlet operating in New Zealand, has chosen Elastic’s ...

Source: Scoop NZ - Business | 18 Sep 2019 | 1:02 pm(NZT)

Goodman opts for underwritten $150m placement

Sept. 18 (BusinessDesk) - Goodman Property Trust's manager says it will raise up to $175 million from a $150 million placement to institutions and up to $25 million in a retail offer to existing unitholders.

Source: Scoop NZ - Business | 18 Sep 2019 | 1:00 pm(NZT)



Dunedin business penalised nearly $54K

The Employment Relations Authority (ERA) has ordered Groceryking.co.nz (2016) Limited, trading as Grocery King, in Dunedin, to pay $44,750 in penalties for 40 employment breaches and attempting to deceive the Labour Inspectorate. Director, Quing (Jade) ...

Source: Scoop NZ - Business | 18 Sep 2019 | 12:52 pm(NZT)

Dunedin business penalised nearly after deceiving Labour Inspector

The Employment Relations Authority (ERA) has ordered Groceryking.co.nz (2016) Limited, trading as Grocery King, in Dunedin, to pay $44,750 in penalties for 40 employment breaches and attempting to deceive the Labour Inspectorate.

Source: Voxy.co.nz - Business | 18 Sep 2019 | 12:45 pm(NZT)

The Cookie Project launches crowdfunding campaign

Social enterprise The Cookie Project launches crowdfunding campaign to boost employment pathways for Kiwis with disabilities

Source: Scoop NZ - Business | 18 Sep 2019 | 12:36 pm(NZT)

Oil reverts, stocks up ahead of Fed decision - CMC Markets

Crude oil prices dropped more than 6% overnight after a Saudi official said it has restored 70% of the production lost in the weekend attack. Comments that the US president is not seeking war in the Middle East, or anywhere, helped soothe investor concerns.

Source: Voxy.co.nz - Business | 18 Sep 2019 | 11:52 am(NZT)

Squeeze on Wellington office tenants has deepened, new research shows

Wellington’s office vacancy rate has dipped even further to its lowest level in more than a decade.

Colliers International’s latest Wellington CBD Office Market Snapshot report, released today, shows the overall vacancy rate in the year to June was at 5.9 per cent.

Source: Voxy.co.nz - Business | 18 Sep 2019 | 11:32 am(NZT)

Companies should be forced to report on gender pay gap - union

Businesses should be required to report on their gender pay gap by law, says a union representing bank workers.The call by First Union comes after Westpac New Zealand revealed a 30.3 per cent gender pay gap despite efforts to...

Source: nzherald.co.nz - Business | 18 Sep 2019 | 11:22 am(NZT)

New Zealand owned engineering firm Kirk Roberts expands into the Waikato

Engineering firm Kirk Roberts Consulting is expanding into the Waikato region to meet industry demand, with the opening of a new office in Hamilton this month.

Source: Voxy.co.nz - Business | 18 Sep 2019 | 11:01 am(NZT)

Bid for air agreements with all South East Asian countries underway

The Government is negotiating a unified air services agreement with a group of South East Asian countries which it says could open up more flights and lead to better deals for travellers.Transport Minister Phil Twyford says two...

Source: nzherald.co.nz - Business | 18 Sep 2019 | 10:30 am(NZT)

US restaurant staff resign en-masse following ongoing disputes with boss

A gastropub has been forced to close its doors after all 26 employees quit at the same time in payback over a number of long-running disputes.The spectacular stunt occurred earlier this month, when the entire team from The Shop...

Source: nzherald.co.nz - Business | 18 Sep 2019 | 10:14 am(NZT)

Goodman opts for underwritten $150m placement to raise capital

Goodman Property Trust's manager says it will raise up to $175 million from a $150 million placement to institutions and up to $25 million in a retail offer to existing unitholders.The institutional placement is underwritten by...

Source: nzherald.co.nz - Business | 18 Sep 2019 | 9:40 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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