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Rich Aussie suburb wants to ban Woolworths development

"We will decide which grocery stores come to Mosman and the circumstances in which they come." That was the message on Michael Mathieson's sign, neatly summing up community opposition to a proposed Woolworths in the leafy suburb on...

Source: - Business | 13 Dec 2019 | 10:09 pm(NZT)

NZ shares fall; Z Energy sinks on profit warning

New Zealand shares fell as Z Energy's warning of lower profits and smaller dividends cast a long shadow over the market.The S&P/NZX 50 Index declined 66.39 points, or 0.6 per cent, to 11,241.59. Within the index, 28 stocks fell,...

Source: - Business | 13 Dec 2019 | 6:33 pm(NZT)

Kiwi jumps against greenback, plunges against the pound

The New Zealand dollar jumped against the US dollar on reports the US and China have declared a trade war truce but plummeted against the British pound as the Conservative Party appeared headed for a landslide election victory.The...

Source: - Business | 13 Dec 2019 | 6:20 pm(NZT)

Pushpay buys Colorado rival for $132m

Pushpay Holdings will add about 4,000 church customers to its books with the US$87.5 million ($132.2m) acquisition of rival Church Community Builder, although co-founder Chris Heaslip signalled his departure next year.Pushpay bought...

Source: - Business | 13 Dec 2019 | 5:46 pm(NZT)

Waiheke Island marina re-hearing denied, Kennedy Point project to proceed

The Environment Court has refused an application by opponents of a Waiheke Island marina, clearing the way for the project to go ahead.In a decision just released, Principal Environment Court Judge Laurie Newhook, sitting with two...

Source: - Business | 13 Dec 2019 | 5:25 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)

Court of Appeal declines former iwi leader Sir Ngatata Love's appeal

Disgraced Maori leader Sir Ngatata Love has failed in his appeal against his conviction and sentence.

Source: - Business | 26 Jun 2017 | 10:32 am(NZT)

Siah Hwee Ang: Aean is becoming a sound investing alternative to China

OPINION: Recently, the International Monetary Fund (IMF) raised its growth forecast for the Asia Pacific region to 5.5 per cent in 2017, up from the 5.3 per cent projected six months ago.

Source: - Business | 26 Jun 2017 | 10:14 am(NZT)

Motueka hazelnut business 'dead in the water' due to regular flooding

A frustrated Motueka couple whose hazelnut orchard is regularly flooded due to a council installed drain are threatening to fill it with concrete.

Toni Elliot and Smoky Fry say the flooding has occurred on their property near Nelson as a result of a stormwater drain installed by the Tasman District Council and they have had no luck trying to resolve the issue.

Source: - Business | 26 Jun 2017 | 10:13 am(NZT)

Shed serves up lessons on value of wool

No matter who is crowned champion at Wimbledon, New Zealand wool is a star performer on centre court every year.

Source: - Business | 26 Jun 2017 | 9:32 am(NZT)

New Zealand's apartment fire regulations 'best in the world' - but too many apartment blocks have cut corners

A lack of "passive" fire-stop measures and lazy building managers are a worse risk to New Zealand apartments than risky cladding, experts say.

Source: - Business | 26 Jun 2017 | 9:10 am(NZT)

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