Technology Talk

Friday, 30 November 2018 14:37

Higher bank capital better for banking system and NZ

30 Nov: 1339 | We can improve the soundness of the New Zealand banking system by requiring banks to hold more capital with no trade-off to efficiency, Reserve Bank Governor Adrian Orr says.

Source A RBNZ release

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Friday, 30 November 2018 08:47

Australasian Plastics Manufacturer to Build Its First U.S. Plant

Pictured: Extra low-free monomer TDI prepolymers for the cast elastomer industry.

Era Polymers Corporation, an Australian manufacturer, also located in New Zealand, specializing in polyurethane chemistry, will open its first industrial facility in the United States, creating 20 new jobs in Gaston County, North Carolina. The company plans to create 20 new jobs in the town of Stanley, investing $9.2 million. The company, with headquarters in Sydney, Australia, produces a diverse line of polyurethane products and has a worldwide distribution network. The new manufacturing operation in Stanley, the first American plant for the company, will join four other production facilities operated by the company in Australia, New Zealand and South Africa.…

Source/ReadMore A Engineering.com release

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Friday, 30 November 2018 07:54

Canada: the ideal North American launchpad for your tech business

Canada is the ideal North American launchpad for your tech business suggests Nick Fleming / NZ Trade Commissioner and Consul General, Canada.

Source/ReadMore An NZTE release

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Thursday, 29 November 2018 16:07

Wellington Drive's Innovative ECR2 Motor Hits The One Million Mark

Wellington Drive Technologies world-leading ECR2 motor has surpassed expectations, reaching one million units manufactured and sold in less than two years.

Source A WellingtonDrive release

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Thursday, 29 November 2018 10:30

Commission proposes to authorise Tennex’s acquisition of San-i-Pak

The Commerce Commission has today released a draft determination proposing to grant authorisation to Tennex to acquire the assets of competing Canterbury-based waste firm San-i-Pak.

Source Commerce Commission

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Thursday, 29 November 2018 10:26

Fletcher Building seeks clearance to acquire the business of Waikato Aggregates

29 Nov: 1029 | The Commerce Commission has received a clearance application from Fletcher Building Limited (Fletcher Building) to acquire all the assets and employees of Waikato Aggregates Limited (Waikato Aggregates), including the right to extract and process sand from the Tamahere quarry. However, Waikato Aggregates will maintain ownership of the underlying land of the quarry.

Source Commerce Commission

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news talk

Thursday, 29 November 2018 09:34

Fonterra releases its Sustainability Report 2018

29 Nov: 0935 | Fonterra is pleased to share its second annual Sustainability Report covering how the Co-operative is progressing towards its environmental, social and economic goals.

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Thursday, 29 November 2018 08:00

Huawei a ‘trojan horse’ aimed at an achilles heel

Chinese premier Li keqiang's welcome at Premier House. New Zealand's hawkish stance on Huawei could be problematic for our relationship with China. Photo: Supplied

The GCSB's decision on Huawei technology could be a problem for New Zealand given our junior place in the Five Eyes alliance, writes Thomas Coughlan for Newsroom.

Source/ReadMore A Newsroom release by Thomas Coughlan

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Wednesday, 28 November 2018 15:28

Impressive result applauded by shareholders

Synlait Milk’s (NZX: SML; ASX: SM1) Annual Meeting of Shareholders today celebrated the near doubling of profit in the company’s tenth year of operations. Synlait also used the opportunity to shape the next ten years by launching a new corporate brand identity and purpose statement.

Source A Synlait release

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news talk

Wednesday, 28 November 2018 14:48

New Zealand employees given insufficient support to act ethically, survey reveals

Only 29% of New Zealand employees surveyed by the Institute of Business Ethics (IBE), in association with Victoria University of Wellington, say their organisation has a comprehensive ethics programme, while 10% say their organisation has none at all.

Source A Victoria University Release

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news talk

Wednesday, 28 November 2018 12:15

Public lecture probes health of financial system regulation

If the Lehman Brothers’ bankruptcy happened today, would the financial system still be at risk?

Source A Victoria University Release

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press releases

Wednesday, 28 November 2018 12:02

Chamber supports changes to Employment Relations Bill

28 Nov: 0923 | The Canterbury Employers’ Chamber of Commerce supports the recently announced changes to the Employment Relations Amendment Bill, but chief executive Leeann Watson says there are still some areas of concern that need to be addressed.

Source Canterbury Employers Chamber of Commerce release

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press releases

Wednesday, 28 November 2018 09:10

Reserve Bank to ease loan-to-value ratio restrictions

Statement from Reserve Bank Governor Adrian Orr when releasing the November Financial Stability Report:

Source A RBNZ release

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news talk

Wednesday, 28 November 2018 08:57

E tū Aviation commemorates air tragedies

November 28th is the day for all New Zealanders to stop and think about the importance of aviation safety.

Source A E tū release

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news talk

Tuesday, 27 November 2018 14:18

Rebalanced employment law on the horizon

Working people are looking forward to fairer employment law passing this side of Christmas says Council of Trade Unions President Richard Wagstaff.

Source A Drive Electric Advocacy Group release

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press releases

Tuesday, 27 November 2018 14:13

Positive changes to Employment Bill

Changes to the Employment Relations Amendment Bill will make parts of the legislation more acceptable to business.

Source A BusinessNZ release

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Business

Tuesday, 27 November 2018 12:16

Regional cutback for RCR New Zealand

27 Nov: 1220 | There appears to have been a trickle down effect for RCR New Zealand with unconfirmed reports through that cutbacks have been announced earlier today at at least one of their regional offices.

Source Direct

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press releases

Tuesday, 27 November 2018 11:07

Fonterra Confirms Second Director Election Timing

The Fonterra Shareholders’ Council has confirmed that a second election for the remaining vacancy on Fonterra’s Board of Directors will be held in December. Voting will open on 3 December and close at 1.00pm on 20 December, and the results will be announced later the same day.

Source A Fonterra Release

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press releases

Tuesday, 27 November 2018 08:24

Changes to migrant visas good but need to cover other visas too – migrant networks and unions

27 Nov: 0825 | New Immigration changes for international students have come into effect from today (November 26th). One of major changes is that migrant workers who are currently holding an employer assisted visa (a visa which binds the workers to a particular employer and to a particular location of work) will be able to apply for an open work visa.

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Monday, 26 November 2018 14:43

Housing and Urban Development Authority important step but wider reform needed

“The new Housing and Urban Development Authority (HUDA) will help the Government cut through red-tape to deliver urban regeneration in our largest cities, but to deliver affordable housing the Government must now turn its attention to greenfield development and wider policy reform,” says Stephen Selwood Chief Executive of Infrastructure New Zealand.

Source A Infrastructure New Zealand release

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press releases

Monday, 26 November 2018 07:44

Third walk-out by E tū Sistema members

E tū members at Sistema have walked off the job for the third time, effective from 7am.

Source A E tū release

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press releases

Sunday, 25 November 2018 17:16

Councils see Urban Development Authority as key to fixing housing woes

LGNZ welcomes the establishment of the Housing and Urban Development Authority, noting that housing affordability is a wicked problem for New Zealand that can only be tackled through a partnership between central and local government.

Source A LGNZ release

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press releases

Sunday, 25 November 2018 17:14

Sensible approach to urban development bodes well for wider planning system

Urban development will be better enabled by the newly established Housing and Urban Development Authority, says the Employers and Manufacturers Association (EMA).

Source An EMA release

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press releases

Sunday, 25 November 2018 17:10

E tū DHB MECA huge win for members

26 Nov: 0500 | A new multi-employer agreement, or MECA, for public hospital service workers is a huge win for members, with many receiving pay-rises of up to 40 percent over the next three years.

Source A E tū release

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news talk

Friday, 23 November 2018 12:50

Alliance announces Annual Results

Leading food and solutions company Alliance Group today announced an operating result of $8 million for the year ending 30 September 2018 on the back of a substantial lift in payments to farmer shareholders.

Source An Alliance Group release

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Friday, 23 November 2018 11:01

Copyright issues to be addressed

Minister of Commerce and Consumer Affairs Hon Kris Faafoi today released an issues paper marking the first stage of public consultation on changes to the Copyright Act 1994, saying all Kiwis should consider taking part.

Source Out of The Beehive

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Friday, 23 November 2018 10:55

Workers at Godfrey Hirst carpets have downed tools for the Living Wage

The New Zealand workers who make carpets for commercial and residential use at what’s touted as one of the top carpet manufacturers in the world have reached a stalemate with the company over wages and overtime.

Source A FirstUnion release

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press releases

Friday, 23 November 2018 10:09

Raygun announces $15 million NZD investment into Wellington

Award-winning NZ technology company, Raygun has announced plans to invest $15 million NZD into Wellington, as it looks to more than triple its local employee headcount over the next two years.

Source A Raygun release

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Friday, 23 November 2018 08:17

Tax Working Group recomendations and small business

23 Nov: 0821 | If the Government manages to push through the recommendations of the Tax Working Group (TWG), the 450,000 or so small business owners in this country will be hit with massive compliance costs writes Troy Browker for Stuff.

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news talk

Thursday, 22 November 2018 15:04

National to blame for Kiwibank changes

22 Nov: 1505 | E tū sympathises with community concerns over the loss of Kiwibank branches – an issue with obvious implications for our Kiwibank and Post members.

Source A E tū release

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Thursday, 22 November 2018 14:55

Kiwi angels win as The Warehouse tests AI for merchandising

Usually it's a group of independent innovators driving the development of new tech products, but retail artificial intelligence (AI) play Insite AI was spawned by angels.

Source A ResellerNews release

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Thursday, 22 November 2018 11:21

Second strike by E tū Sistema members

22 Nov: 1115 | E tū members at Sistema have taken strike action again this morning, walking off the job at the giant Auckland plastics factory at 11am.

Source A E tū release

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Thursday, 22 November 2018 11:13

Go Bus must end 'pathetic' lockout say ITF

The International Transport Workers' Federation (ITF) is calling on the New Zealand bus company Go Bus to unconditionally end its lockout of bus drivers for exercising their right to take action to demand a living wage. The drivers had voted to stop taking fare money from passengers to show that they cannot continue to live on such low wages.

Source An ITF release

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Wednesday, 21 November 2018 11:11

Tailored Training Helps Swagelok Expand Operations

Swagelok is a well-respected company based in Solon, Ohio. And its employees aren’t shy about letting you know.

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Wednesday, 21 November 2018 10:46

British private equity firm signals $2.54b takeover of Trade Me

21 Nov: 1020 | Trade Me Group says British private equity firm Apax Partners has approached it with a non-binding indicative offer to take it over for $6.40 per share Continue to the full release>

Source/ReadMore Sharechat

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Wednesday, 21 November 2018 10:43

Job advertisements continue to rise in October

The number of online job advertisements rose by 0.8 per cent in the month of October 2018 and 9.4 per cent over the year according to the latest Ministry of Business, Innovation and Employment (MBIE) Jobs Online monthly data release.

Source An MBIE release

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news talk

Wednesday, 21 November 2018 09:56

Living Green launches natural home cleaning range

Living Green has launched New Zealand’s Most Natural range of home cleaning products that are kind to both the skin, your home and the environment. Only available at Countdown supermarkets, the range covers all areas of the household including kitchen, laundry and bathroom.

Source/ReadMore A Voxy release

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news talk

Wednesday, 21 November 2018 09:41

The future of work and wellbeing

An upcoming conference at Victoria University of Wellington aims to tackle some of the big issues facing employers and employees, including gender equity, health and wellbeing, and the future of technology in the workplace. Organised biennially by the University’s Centre for Labour, Employment and Work (CLEW), the Conference on Labour, Employment and Work was established more than 30 years ago and brings together leading labour market scholars, researchers of work and workplaces, and policymakers. The theme of the 2018 conference is ‘Work and wellbeing’. Marian Baird, Professor of Gender and Employment Relations from the University of Sydney will give a…

Source A Victoria University Release

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news talk

Wednesday, 21 November 2018 09:37

Sistema Plastics night-time strike by worker

E tū members working at Sistema Plastics in Auckland walked out at 11pm last night in a dispute over pay and conditions.

Source A E tū release

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Wednesday, 21 November 2018 08:59

Medicinal cannabis producer gets Kiwi logo

The Buy New Zealand Made Campaign has licensed the first medicinal cannabis manufacturer to use the New Zealand Grown logo.

Source A BusinessNZ release

Tuesday, 20 November 2018 15:23

Kiwi innovation pinpoints the new kilo as global measurement standards change

It’s official, the international science community has voted to change the way weight, electric current, temperature and substance amounts are defined. Instead of comparing masses with a lump of metal kept in a vault in Paris, scientists will now use quantum physics and great engineering to define and realize the international mass standard. A kiwi scientist has developed an innovative desktop measurement instrument that could become widely used when the changes come into force next year in May.

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Tuesday, 20 November 2018 15:09

Chief Coroner and Police meet with Pike River families

Officials from the Pike River Recovery Agency, Police and the Chief Coroner met with families of Pike River victims in Greymouth today.

Source A Joiont Govt. release

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press releases

Tuesday, 20 November 2018 14:42

Time to address the dry topic of water

The Government’s plan to hold strategic conversations with local government about proposals to overhaul the regulation of water is well due, says the Employers and Manufacturers Association (EMA).

Source An EMA release

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news talk

Tuesday, 20 November 2018 14:36

LGNZ welcomes drinking water reform, not silver bullet policy making

Local Government New Zealand welcomes the Government’s focus on drinking water reforms, but is urging officials not to shut the door on innovation by pursuing a policy of mandatory aggregation as a silver bullet fix to challenges in the three waters space.

Source A LGNZ release

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Tuesday, 20 November 2018 10:47

Summit crucial for NZ’s fintech future

The NZ fintech summit next week is crucial for the future of financial technology in New Zealand, virtual assistant company FaceMe chief executive Danny Tomsett says.

Source A MakeLemonade release

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Tuesday, 20 November 2018 10:07

Commerce Commission to appeal Steel & Tube sentence

The Commission has today filed an appeal against the sentence imposed on Steel and Tube Holdings Limited (Steel & Tube) for false and misleading representations about steel mesh products.

Source Commerce Commission

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Monday, 19 November 2018 16:10

Important new insights in next stage of Trans-Tasman whistleblowing study

A ground-breaking new study into whistleblowing processes offers insights into how organisations can handle complaints at work more effectively.

Source A Victoria University Release

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news talk

Monday, 19 November 2018 16:07

Iconic Buy NZ Made celebrates 30th birthday

The Buy New Zealand Made Campaign is turning 30 and celebrating with events around the country to showcase member companies along with the iconic kiwi trademark, which has evolved to become a significant marketing tool for businesses in an increasingly competitive world.

Source A BusinessNZ release

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Monday, 19 November 2018 08:58

HPE expands AI-driven operations

19 Nov: 0938 | HPE is extending HPE InfoSight, a cloud-based artificial intelligence (AI) management tool, to HPE ProLiant servers, HPE Synergy compute modules and HPE Apollo systems.

Source A ChannelLive release

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Monday, 19 November 2018 08:55

Rimini Street hits NZ shores with new subsidiary

19 Nov: 0856 | Rimini Street, a global provider of enterprise software products and services and the leading third-party support provider for Oracle and SAP software products, has expanded its operations in the Asia-Pacific region with the launch of its new subsidiary, Rimini Street New Zealand, and the opening of its new office in Auckland to address the growing demand for Rimini Street’s premium, ultra-responsive support services in New Zealand.

Source A ChannelLive release

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Monday, 19 November 2018 08:53

Citrix acquires micro app platform Sapho

Citrix Systems has acquired micro app platform Sapho to enhance the guided work capabilities within Citrix Workspace, enabling people to work with even greater speed, intelligence and simplicity.

Source A ChannelLive release

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news talk

Thursday, 15 November 2018 11:20

Researchers take steps towards new sustainable battery alternative

A team of researchers led by Professor Thomas Nann from Victoria University of Wellington has created a new electrolyte that could be the key to making safer and more environmentally friendly batteries.

Source A Victoria University Release

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Thursday, 15 November 2018 11:15

KiwiRail gets $40M for new Manawatu freight hub

15 Nov: 1119 | KiwiRail is planning to relocate its Palmerston North operations out of the city as part of plans to develop a regional hub to better handle freight flows throughout the lower North Island Continue to full release >>

Source/ReadMore Sharechat

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Thursday, 15 November 2018 08:24

Gough Cat signs dealer agreement with US company Weiler Inc

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Thursday, 15 November 2018 08:06

Robotics Plus receives US$8M investment from Yamaha Motor

Yamaha Motor Co. Ltd. makes second investment into world-leading agricultural automation and robotics innovator, bringing its total investment to US$10M

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Thursday, 15 November 2018 07:54

Lego’s latest set targets stressed adults

Lego is one of the most popular brands in the world, known and loved by children and nostalgic adults alike. But few grown-ups buy Lego for themselves. The Danish company wants to change that with a new type of construction toy that is half Lego, half coloring book. Its name is Lego Forma, and it’s designed to de-stress adults and get their creative juices flowing.

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Wednesday, 14 November 2018 15:08

The New Criterion: say 'bula' to the world's first listed kava producer

When Prince Harry supped on a ceremonial cup of kava during his and Megan’s recent visit to Fiji, he prioritised politeness to his hosts over the dangers of possible side effects from the mild narcotic – including impotence.

Source The NewCriterion

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Wednesday, 14 November 2018 10:39

E tū welcomes Pike River re-entry

E tū has welcomed the decision to proceed with the re-entry of the Pike River mine drift in a bid to uncover the cause of death of the 29 men who died there in November 2010.

Source A E tū release

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Tuesday, 13 November 2018 13:14

Shared financial risk will get more homes built faster

The innovative funding that will enable the construction of up to 9,000 new homes at Wainui just north of Auckland, is an example of new models that need to be more widely used to fund critical infrastructure, says the Employers and Manufacturers Association (EMA).

Source A EMA release

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Tuesday, 13 November 2018 13:09

Reserve Bank consults on new mortgage bond standard

The Reserve Bank today published a consultation paper proposing a new mortgage bond standard aimed at supporting confidence and liquidity in the New Zealand markets.

Source A RBNZ release

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Tuesday, 13 November 2018 13:08

The Hawke’s Bay economy is changing and EIT is adapting to meet the era of the entrepreneur.

“Over the past decade there has been a massive global shift to entrepreneurial ecosystems,” said Jonathan Sibley, EIT’s Director of Research and Associate Professor, School of Business.

Source An EIT release

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Tuesday, 13 November 2018 12:51

Financial stability – risky, safe or just right?

The challenge with financial stability is how to maintain a strong, resilient and efficient financial system in the face of changing and emerging risks said Deputy Governor and Head of Financial Stability Geoff Bascand in Sydney today.

Source A RBNZ release

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Tuesday, 13 November 2018 08:17

Local government releases position statement on three waters

LGNZ has released its position statement on three waters at its Quarterly Media Briefing today, calling on the Government to adopt four good public policy principles ahead of any reforms to the three waters sector.

Source A LGNZ release

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Tuesday, 13 November 2018 07:40

Future of Work Forum focus on SMEs, technological disruption

The second meeting of the Future of Work Tripartite Forum focussed on how to remove barriers faced by small and medium enterprises (SMEs), and the issue of technological disruption, Finance Minister Grant Robertson says.

Source Out of The Beehive

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Monday, 12 November 2018 20:00

MBIE decision on aluminium composite panel (ACP) CodeMark certificates

All six of the original aluminium composite panel (ACP) CodeMark certificates suspended in July, have been removed from the CodeMark register, with each certificate either being revoked by MBIE, withdrawn by the manufacturer, or reissued as a new certificate following revision.

Source A MBIE release

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Monday, 12 November 2018 19:58

Reserve Bank welcomes uncontested liquidation of CBL Insurance

The Reserve Bank of New Zealand welcomes placement of CBL Insurance Ltd into liquidation, without the need for a contested hearing.

Source A RBNZ release

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Monday, 12 November 2018 12:22

Armistice Day coin decides kick-off for All Blacks game

New Zealand’s Armistice Day 50 cent coin featured at Twickenham over the weekend – used for the ‘coin toss’ that decided the kick-off for the All Blacks vs England game on Armistice Day.

Source A RBNZ release

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Monday, 12 November 2018 11:43

The Southern Initiative is Auckland’s quiet achiever

A south Auckland scheme that defies a tidy description of its far-reaching work is breaking new ground internationally with its efforts to lift the region out of deprivation writes Alexia Russell for Newsroom.

Source/ReadMore A Newsroom release by Alexia Russell

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Monday, 12 November 2018 07:37

Newsroom's Two Cents' Worth Business podcast

Why your first job is crucial

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Monday, 12 November 2018 07:23

Exposure water storage exhibit a supreme winner

Michael Scott Jones’ award-winning emergency water storage system called Lifewall which is on display at the Exposure exhibition on Massey's Wellington campus till November 17.

An emergency water storage solution has earned Master of Design graduate Michael Scott Jones the Supreme Award at the 2018 ECC Student Craft/Design Awards.

Source A Massey University Release

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Monday, 12 November 2018 07:03

Women in New Zealand effectively working for free for the rest of the year

Council of Trade Unions Vice President Rachel Mackintosh says New Zealand’s gender pay imbalance can and must be fixed.

Source A CTU release

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Saturday, 10 November 2018 09:04

Small Business Council getting down to work

The creation of a small business strategy will take a step forward in coming weeks as the Small Business Council sharpens its focus on the areas that will make the biggest difference to the long term development of the sector.

Source The SmallBusinessCouncil

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Friday, 09 November 2018 10:43

RMA reform to address key concerns for local government

09 Nov: 1044 | LGNZ supports the Government’s proposal to wind back a number of Resource Management Act changes that excluded public consultation requirements, a move councils strongly opposed when they were introduced in 2017. The changes, outlined in a recent cabinet paper, would reduce the complexity of the Act, remove regulation making powers and override provisions, restore public participation provisions and financial contributions. “Local government raised a red flag around the RMA changes in 2017, knowing they would threaten the public’s ability to have a say, create problems for infrastructure providers and hinder councils’ ability to give effect to…

Source A LGNZ release

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Friday, 09 November 2018 08:26

Software company takes out overall title in New Zealand’s leading export business awards.

An innovative software company that shows the world how to understand what lies beneath the land and the oceans has won the Supreme Award at the 2018 New Zealand International Business Awards.

Source A NZTE release

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Thursday, 08 November 2018 11:26

Fonterra's under-performance since creation 'unambiguous': Shareholders' Council

08 Nov: 1152 | Independent financial analysis of Fonterra since its creation in 2001 shows an "unambiguous" pattern of commercial under-performance, says Fonterra Shareholders' Council chairman Duncan Coull. The council lodged a report at today's annual general meeting of farmer-shareholders in the dairy cooperative at Lichfield, in the Waikato.

Source/ReadMore Sharechat

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Thursday, 08 November 2018 10:41

Suspended NZ crypto 'coins' to be re-released early 2019

New Zealand will get its crypto-based dollars back early next year, in a move that will likely cause excitement among local cryptocurrency investors and enthusiasts, and incomprehension among the rest of the population

Source/ReadMore Sharechat

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Thursday, 08 November 2018 09:04

Official Cash Rate unchanged at 1.75 percent

The Official Cash Rate (OCR) remains at 1.75 percent. We expect to keep the OCR at this level through 2019 and into 2020.

Source A RBNZ release

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Wednesday, 07 November 2018 15:45

Joint agreement to protect onion industry

Biosecurity New Zealand and Onions New Zealand Inc have reached an agreement on funding to prepare for future biosecurity responses.

Source An MPI Release

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Wednesday, 07 November 2018 12:28

Limited progress on China dairy safeguards ups the ante

Limited progress on China dairy safeguards ups the ante for other negotiations

Source A DCANZ release

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Wednesday, 07 November 2018 10:15

Seequent and IMDEX to deliver real-time 3D visualisation for minerals drilling projects

Industry-first to integrate live 3D data from ‘rig to model’ supports real-time decision-making and risk management for mining and exploration drilling projects

Source Seequent

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Wednesday, 07 November 2018 10:13

Growing fintech opportunities emerges from banking review

While the results from the review by the Financial Markets Authority (FMA) and the Reserve bank could have been more positive, New Zealand banks have been looking at options to improve customer experience and embrace the fintech community which is great for all Kiwis, FintechNZ general manager James Brown says.

Source A MakeLemonade release

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Wednesday, 07 November 2018 09:42

New Zealand Frost Fans considers next phase

Strategic review readies NZ horticultural innovator to go global

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Wednesday, 07 November 2018 09:34

IMAGR Ltd. of New Zealand Wins First Prize at Asian Entrepreneurship Award

CHIBA, Japan--(BUSINESS WIRE)--The Asian Entrepreneurship Award Steering Committee announced today that IMAGR Ltd. of New Zealand won first prize at the Asian Entrepreneurship Awards 2018 (“AEA 2018”), a three-day business pitch contest for Asian startups held from October 31st to November 2nd at Kashiwa-no-ha campus city in Chiba prefecture, Japan.

Source A BusinessWire release

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Wednesday, 07 November 2018 09:06

Labour-hire firm adopts ethical standards in landmark move

Along with a growing number of businesses requesting more ethical workforce solutions and evidence of loopholes in labour-hire law that allows the gross exploitation of hard-working New Zealanders, FIRST Union, the largest union representing labour-hire workers, is pleased to announce labour-hire firm Enterprise Recruitment has signed on as the first company to be an ethical employer in the labour-hire workspace.

Source A FirstUnion release

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Wednesday, 07 November 2018 08:48

MacManus: Mind the tech sector’s funding gap

2018 TIN Report by the Technology Investment Network; Photo supplied

Just one in ten of New Zealand's top tech companies have received external investment to power more growth. Columnist Richard MacManus finds a glaring gap between angel investment and venture capital.

Source/ReadMore A Newsroom release by Richard MacManus

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Tuesday, 06 November 2018 15:42

Union releases Work Passport for Migrant Workers following Government announcement on workgroup

FIRST Union and its affiliates; the Union Network of Migrants (UNEMIG) and the Indian Workers’ Association (IWA) have released a handbook for migrant workers in New Zealand to share with their friends and families to help protect migrant workers against exploitation at its biennial conference today in Auckland.

Source A FirstUnion release

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press releases

Tuesday, 06 November 2018 15:38

Results announced for the 2018 FonterraEelections

Returning Officer Warwick Lampp, of electionz.com Ltd, has declared the final results of the 2018 elections for the Fonterra Board of Directors, Directors’ Remuneration Committee and Shareholders’ Council.

Source A Fonterra Release

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Tuesday, 06 November 2018 13:50

Seequent opens US office

Seequent, a world leader in visual data science software, today announced the opening of an office in Denver, Colorado, to support its growing client base in the USA.

Source Seequent

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press releases

Tuesday, 06 November 2018 09:38

Local government funding and financing: public views sought

The Productivity Commission today published an issues paper for its inquiry into local government funding and financing.

Source NZProductivity Commission

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Tuesday, 06 November 2018 08:34

China's import expo opens, Xi urges building open world economy

Beijing, Nov 5 (IANS): Chinese President Xi Jinping announced the opening of the world's first import-themed national-level expo here on Monday, calling it a "trail-blazing" move in the history of international trade development.

Source Xinhua news agency.

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Monday, 05 November 2018 14:00

State-owned PÄmu invests in $32M specialty milk dryer, targeting sheep milk products

State-owned farmer Pāmu is taking a 35 percent stake in a $32 million specialist spray drying facility to develop sheep milk and other specialty powders for the Chinese market. Read more . .>

Source/ReadMore Sharechat

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news talk

Monday, 05 November 2018 12:48

Coca-Cola Amatil launches new bottling line in Fiji

Coca-Cola Amatil has launched the latest technology in Fiji bottling at the company’s manufacturing facility in Laucala Beach Estate in Fiji.

Source A Food&Beverage release

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Monday, 05 November 2018 12:26

Asia-Pacific Energy Leaders’ Summit: CEO Roundtable Communique

NZ and international Chief Executives gathered at the biennial Asia Pacific Energy Leaders’ Summit last week to discuss the key strategic energy issues they face as the sector grapples with change and the emerging opportunities.

Source A BusinessNZ Energy Council release

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press releases

Monday, 05 November 2018 11:29

Winston Peters targets fast growing Indian Market at Diwali Business Event

The New Zealand Indian Trade Alliance (NZITA) celebrated its annual Diwali dinner with the theme; 'victory of light over darkness, brightening up India-New Zealand relations.'

Source/ReadMore http://www.voxy.co.nz/business/5/325102
Source Voxy

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news talk

Monday, 05 November 2018 08:21

The Newsroom business podcast

Two Cents' Worth has been launched by Newsroom in a co-production with RNZ.

Source/ReadMore A Newsroom Podcast

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Sunday, 04 November 2018 20:37

Fulton Hogan absorbs Stevenson assets, expects tougher times in 2019

Fulton Hogan committed close to $300 million for its strategic purchase of Stevenson Group’s construction and quarrying activities Read More . . . >

Source/ReadMore Sharechat

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news talk

Friday, 02 November 2018 08:27

NZ best country in the world for doing business

02 Nov: 0825 | Recognition today that New Zealand continues to have the most business-friendly environment in the world is another real example of the strength of our underlying economic and business fundamentals, Finance Minister Grant Robertson says.

Source A Beehive release

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Thursday, 01 November 2018 15:48

Ambulance workers strike won’t risk patient safety

Nearly a thousand ambulance professionals employed by St John have voted to take a sophisticated series of strike actions to ensure patient safety is not put at risk.

Source A FirstUnion release

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press releases

Thursday, 01 November 2018 15:46

Fletcher sells Roof Tile Group for US$39M

Fletcher Building has sold its Roof Tile Group business to Canada's IKO group for US$39 million and expects to exit its Formica laminated panels business this financial year . Read more ...>

Source/ReadMore Sharechat

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news talk

Thursday, 01 November 2018 15:43

NZ’s bold step to standard time 150 years ago

Tomorrow, 2 November 2018, marks 150 years since New Zealand became the first country in the world to implement a standard time across the nation.

Source Measurement Standards Laboratory NZ

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news talk

Thursday, 01 November 2018 15:41

Tiaki Promise makes the call for greater guardianship of New Zealand

Local Government New Zealand is one of seven key New Zealand organisations that have joined forces today to launch the Tiaki Promise, an initiative to encourage travellers, both domestic and international, to respect New Zealand’s environment and travel safely.

Source A LGNZ release

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news talk

Thursday, 01 November 2018 14:19

Chubb launches insurance cover for small manufacturers

Global property and casualty insurer Chubb has launched Small Commercial Insurance (SCI) solutions to help protect small manufacturers from ever-evolving risks.

Source A Chubb release

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news talk

Thursday, 01 November 2018 14:16

Impact-led business takes leap forward

Social Procurement takes a leap forward at an event in Auckland today with the official launch of New Zealand’s first online social procurement platform.

Source Voxy

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news talk

Thursday, 01 November 2018 10:13

Northland Tegel factory turned down

Land Information Minister Eugenie Sage and Associate Finance Minister David Clark declined consent under the Overseas Investment Act for Tegel Foods Ltd to buy approximately 252 hectares of land at Arapohue, near Dargaville to build a broiler chicken farm.

Source LandInformationNZ

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Thursday, 01 November 2018 09:54

Alliance distributes $1.73 million in loyalty payments to shareholders

Leading food company Alliance Group has distributed $1.73 million to shareholders to reward their loyalty.

Source An Alliance Group release

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Thursday, 01 November 2018 07:33

Proposed ACC levy reduction welcomed

BusinessNZ has welcomed proposed lower ACC levies for businesses in 2019-21, as outlined in ACC’s recent Discussion Document.

Source A BusinessNZ release

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news talk

Thursday, 01 November 2018 07:27

Call for Government to justify oil and gas decision with proper research

01 Nov: 0725 | The Government is being asked to pause legislation ending new offshore oil and gas exploration permits until serious economic and environmental concerns have been investigated.

Source A PEPANZ release

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news talk

Wednesday, 31 October 2018 14:27

Coca Cola Amatil : NZ announced as a foundation member of the Gender Tick

Coca-Cola Amatil NZ announced as a foundation member of the Gender Tick™

Source/ReadMore MarketScreener

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news talk

Wednesday, 31 October 2018 11:39

Job advertisements rise by 1.9 per cent in the September 2018 quarter

Jobs Online figures released today by the Ministry of Business, Innovation and Employment show the number of job advertisements rose by 1.9 per cent in the September 2018 quarter.

Source A MBIE release

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Business

Wednesday, 31 October 2018 08:08

Apple unveils all-new 2018 iPad Pro with full-screen design, new Apple Pencil and Smart Keyboard Folio

Apple has announced a new version of iPad Pro. The 2018 iPad Pro has a new full-screen design, flat edge, rounded corners, Face ID, and more. The new iPad Pro has a blocky design with rounded corners for both the display and body. The structure appears sort of like the original iPad. It features a new Liquid Retina display just like the iPhone XR.Display and Face ID The new iPad Pro includes an 11-inch display that has the same footprint as the 10.5-inch mode. iPad Pro also includes a more portable version of the 12.9-inch display with a much smaller…

Source/ReadMore https://9to5mac.com/2018/10/30/2018-ipad-pro-announced/
Source 9to5Mac

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Wednesday, 31 October 2018 07:38

Government move on electric trains puts Just Transition on the right track

31 Oct: 0730 | The Council of Trade Unions today welcomed the Government announcement that Kiwirail would retain 15 electric engines on the Northern Trunk Line between Hamilton and Palmerston North. Secretary Sam Huggard said that it was a perfect example of ‘Just Transition’ thinking, to protect good jobs and public services in a low - carbon economy."Climate campaigners and unionists have all been pushing for this forward - thinking move. We can upgrade the good electric engines we already

Source CTU

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news talk

Tuesday, 30 October 2018 14:32

World energy leaders arrive in Wellington, NZ

More than 200 energy sector leaders from around the world and New Zealand have started arriving in Wellington ahead of tomorrow’s Asia Pacific Energy Leaders’ Summit.

Source A BusinessNZ Energy Council release

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press releases

Tuesday, 30 October 2018 14:30

Govt's legal advisors criticise rushed exploration ban process

Consultation on legislation to implement the government’s planned ban on new offshore exploration should have been wider given its potential for “significant environmental, economic and societal impacts,” the country’s independent . Read full release . . .>

Source/ReadMore Sharechat

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Tuesday, 30 October 2018 14:22

CouncilMARK™ releases new report for Central Hawke’s Bay District Council

30 Oct: 1426 | The Independent Assessment Board which oversees CouncilMARK™, the local government excellence programme, has today released a report containing ratings and assessments for Central Hawke’s Bay District Council.

Source A LGNZ release

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Tuesday, 30 October 2018 14:07

Rail workers celebrate decision to keep electric trains running

30 Oct: 1411 | The Rail & Maritime Transport Union welcomes the decision to keep KiwiRail’s electric locomotives running on the North Island Main Trunk.

Source Rail & Maritime Transport Union release

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Tuesday, 30 October 2018 10:55

Major NZ clean tech company head in NZ to promote biotech

The founder of one of New Zealand’s biggest biotech companies, Dr Sean Simpson, is back in New Zealand this week attending key board meetings for the next wave of Kiwi success stories, BiotechNZ executive director Zahra Champion says.

Source A MakeLemonade release

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Tuesday, 30 October 2018 10:52

UniServices invests US$2m into its world leading AI company Soul Machines

UniServices has followed Mercedes Benz’s investment into Soul Machines with its own commitment of US$2m to a US$15m+ funding round announced recently by the company.

Source A UniServices release

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Tuesday, 30 October 2018 10:46

BusinessNZ supports the case for an Independent Fiscal Institution.

30 Oct: 1050 | The Treasury is suggesting a new institution to improve transparency around governmental taxing and spending.

Source A BusinessNZ release

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Tuesday, 30 October 2018 10:32

Trucking firm partners with Hiringa for hydrogen trials

30 Oct: 1038 | Trucking group TIL Logistics has agreed to investigate hydrogen fuel options with Hiringa Energy Read full release . . >

Source/ReadMore Sharechat

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Tuesday, 30 October 2018 07:40

3D mapping to enable better regional hazard, infrastructure planning

30 Oct: 0744 | LGNZ has welcomed this afternoon’s announcement from Regional Economic Development Minister Shane Jones of $19 million in co-funding from the Provincial Growth Fund to enable extensive 3D elevation mapping of New Zealand’s regions. “Detailed elevation mapping of our regions is vital to unlocking the economic development of our regions. It will allow councils to more efficiently plan and develop housing, road and water infrastructure, as well as better prepare for hazards such as flooding, landslides and erosion,” says LGNZ Vice-President Stuart Crosby. Utilising technology known as LiDAR (Light Detection and Ranging), the data is collected by…

Source A LGNZ release

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news talk

Tuesday, 30 October 2018 07:35

Exporters largely confident despite challenges ahead

The 2018 ExportNZ DHL Export Barometer released today shows that despite a rapidly changing global marketplace, Kiwi exporters still remain confident and are handling the pace of change.

Source BusinessNZ

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press releases

Tuesday, 30 October 2018 07:32

Global food giant Bidfood fall foul of NZ Employment Authority

30 Oct: 0735 | If you bought lunch today it’s likely you’ve eaten food they’ve delivered. One of New Zealand’s largest wholesale food delivery companies (that delivers to restaurants and cafes) has just been slapped on the wrist by the New Zealand Employment Authority.

Source A FirstUnion release

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news talk

Tuesday, 30 October 2018 06:59

20 companies confirm participation in 2019 import expo

30 Oct: 0655 | Twenty foreign companies, among over 1,000 that have submitted pre-registration, have signed contracts to attend the second China International Import Expo (CIIE) scheduled next year, according to the CIIE Bureau.

Source The CIIE Bureau

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news talk

Monday, 29 October 2018 15:51

Major role outlined for oil and gas in a lower carbon world

Oil and gas have a crucial long-term role and will have much less of an impact on the environment in future, according to a new report released today by the Petroleum Exploration and Production Association of New Zealand (PEPANZ).

Source A PEPANZ release

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Friday, 26 October 2018 08:10

Steel & Tube considered bid for FBU steel assets, chair reveals

26 Oct: 0801 | Steel & Tube considered bidding for Fletcher Building's steel and reinforcing businesses earlier this year but concluded such a bid would take too long and could struggle to gain permission from the Commerce Commission . . Read more. . .>

Source/ReadMore Sharechat

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Thursday, 25 October 2018 15:00

Farra Engineering completes strategic review

25 Oct:1500 | Farra Engineering have completed a strategic review of their business and have decided to move from six separate operating businesses to one company.

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Thursday, 25 October 2018 14:50

NZ Transport Agency wins global award for putting customers at the heart of decision making

25 Oct: 1452 | The NZ Transport Agency’s commitment to best practice engagement has been recognised on the global stage, with the Northern Corridor Improvements (NCI) project winning the IAP2 International Project of the Year at the International Core Values Awards.

Source A NZ Transport Agency release

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Thursday, 25 October 2018 14:33

Picket at Sistema tomorrow

25 Oct: 1440 |From 5am to 9am tomorrow, Sistema E tū members and supporters will picket outside the plant to highlight problems caused by Sistema’s low pay and poor working conditions.

Source A E tū release

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Thursday, 25 October 2018 12:45

Higher oil costs drive record monthly trade deficit

Fuel and crude oil imports drove the largest-ever monthly goods trade deficit in September and the widest annual deficit in more than nine years . . Read more...>

Source/ReadMore Sharechat

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news talk

Thursday, 25 October 2018 10:10

The NZ Whisky Collection confirms new business arrangements

25 Oct: 1011 | As The NZ Whisky Collection opens its crowdfund it has confirmed two important business arrangements which will underpin its new distillery and single malt whisky expansions.

Source A NZ Whisky Collection release

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Thursday, 25 October 2018 09:54

Standardise network tariffs as soon as possible - Genesis

25 Oct: 0954 | Greater standardisation of network charges is needed to remove complexity and cost from electricity retailing, Genesis Energy says Read More ...>

Source/ReadMore Sharechat

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Wednesday, 24 October 2018 08:23

Crop Tracker partners with Cucumber Ltd.

24 Oct: 0829 | Croptracker is pleased to announce its upcoming partnership with New Zealand-based digital technology company Cucumber Ltd, with offices in Tauranga, Bay of Plenty.

Source/ReadMore A FreshPlaza release

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Wednesday, 24 October 2018 08:13

Mainzeal failed while parent made billions

Richard Yan, pictured outside the High Court in Auckland, says he never lost confidence in Mainzeal. Photo: Nikki Mandow

Richina, the Chinese parent company of failed New Zealand construction company Mainzeal, owns assets potentially worth billions of dollars, according to information from the ongoing High Court hearing in Auckland reports Nikki Mandow for Newsroom.

Source/ReadMore A Newsroom release by Nikki Mandow

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Tuesday, 23 October 2018 20:42

New organisation says New Zealand should play a role in preventing armed conflict

A new organisation set to launch on 23 October aims to widen the public conversation about the role of Aotearoa New Zealand in the world.

Source A New Zealand Alternative release

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press releases

Tuesday, 23 October 2018 20:16

Reserve Bank consults on changes to banks’ reporting of breaches

24 Oct: 0716 |The Reserve Bank today published a consultation paper proposing changes to the reporting and publishing of breaches by banks.

Source A RBNZ release

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Tuesday, 23 October 2018 19:55

Short-term pain for long-term gains

24 Oct: 1055 | New Zealand’s largest drug developer and manufacturer, Douglas Pharmaceuticals supplies prescription consumer medicines as well as health and beauty products to a number of international markets. "Research and development is vital in the pharmaceutical industry.”

Source A BlueNotes release

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Tuesday, 23 October 2018 19:45

Blackmail scammers hard at work over Labour Weekend

24 Oct: 1018 | Scammers have been hard at work over the long weekend, and while New Zealanders were out enjoying the three day break, CERT NZ received a significant spike in reports of webcam blackmail scams.

Source A CertNZ release

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Tuesday, 23 October 2018 11:59

“Don’t waste this opportunity”

23 Oct: 1202 | New Zealand’s biggest meat processor, Silver Fern Farms has kept its side of the bargain by increasing the number of Samoan RSE workers. By the first week of November, 100 new Samoa RSE workers should be employed in the four Silver Fern Meat Processing operations in New Zealand including 40 in their new Pacific Plant. Already 135 Samoan RSE workers are on the Sliver Fern’s payroll. And the company has committed to hire total contingent of 250 Samoans to work for 10 months with them and it’s just rewards for government and the Ministry of Commerce,…

Source/ReadMore A Samoa Observer release

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Tuesday, 23 October 2018 11:54

Arrow Electronics and Infineon to provide A/NZ startup support

Arrow Electronics has signed a memorandum of understanding (MoU) with Infineon Technologies, a German semiconductor and system solutions provider, to provide start-up businesses in Australia, New Zealand, South East Asia, India with innovative products and engineering support to help them accelerate the idea-to-impact innovation journey.

Source/ReadMore A ChannellNZ release

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Tuesday, 23 October 2018 08:46

Saudi Arabia to set up special economic zone at Riyadh airport: SPA agency

Saudi Arabia announced the establishment of a special economic zone to draw more foreign investment, state news agency SPA reported on Sunday.

Source/ReadMore A CGTN release

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Monday, 22 October 2018 14:34

‘Free’ stadium ignores economic realities

A "free" stadium for Auckland will come at a huge cost for the city's economy. Photo: Ports of Auckland Ltd

A new waterfront stadium has plenty of cheerleaders in Auckland, who are urging the council to just bite the bullet and get on with it - especially as it's being pushed as 'cost-neutral' to the ratepayer. But the economics of swapping a car park for a stadium on Auckland’s waterfront don't add up reports Alexia Russell on Newsroom.

Source/ReadMore A Newsroom release by Alexia Russell

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Monday, 22 October 2018 14:30

Commission opens investigation into wool scouring acquisition

22Oct: 1435 | The Commerce Commission has opened an investigation into David Ferrier’s acquisition through a holding company of a 70% equity interest in wool scourer Cavalier Wool Holdings Limited.

Source Commerce Commission

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Monday, 22 October 2018 09:18

National bus strike in response to chaotic bus transport systems across the country – bus drivers call for industry-wide standards

Around a hundred drivers will take strike and picket action in Auckland while another hundred will strike and picket in the Waikato. Meanwhile bus drivers in Wellington will begin their indefinite strike on the same day (Tuesday, 23rd October).

Source A FirstUnion release

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Saturday, 20 October 2018 21:52

AMP is the first financial organisation to become Living Wage accredited

Living Wage Movement Aotearoa New Zealand is excited to announce the first financial sector business to become a Living Wage Employer.

Source A Living Wage Aotearoa Movement NZ release

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press releases

Friday, 19 October 2018 12:06

Open letter presented to Sistema CEO today

19 Oct: 12:05 | At midday today, Sistema workers, together with community leaders and local and national politicians will present Sistema CEO Drew Muirhead with thousands of open letters, urging the company to improve the pay and conditions of its workers.

Source A E tū release

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Thursday, 18 October 2018 15:17

Advisory: Wellington to host world energy leaders

Government Ministers and energy sector leaders from around the Asia Pacific will meet at a Summit in Wellington this month.

Source A BusinessNZ Energy Council release

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Thursday, 18 October 2018 15:11

Daimler invests in NZ avatar developer Soul Machines

Daimler Financial Services, the financial and mobility services arm of German car maker Daimler, has taken an unspecified "strategic investment" in New Zealand company Soul Machines, which has produced a digital-created human face able to speak text with intonation and facial expressions.

Source/ReadMore A Computerworld release

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Thursday, 18 October 2018 11:32

Kiwi developers Sylo and Trackback partner to fight counterfeits

Blockchain is helping to fight the fakes

Source/ReadMore A ResellerNews release

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Thursday, 18 October 2018 11:19

Seven international banks agree to launch digital trade finance network

The MoU is signed to create a global digital network in trade finance. The Australia and New Zealand Banking Group ANZ (ANZ.AX), BNP Paribas (BNPP.PA), Citibank (C.N), Standard Chartered and Deutsche Bank (DBKGn.DE) also agreed to join the digital trade information network expected to be operational by the third quarter of next year. Seven banks, including HSBC (HSBA.L) and Banco Santander (SAN.MC), have signed a Memorandum of Understanding (MoU) to create a global digital network in trade finance aiming at allowing cheaper and easier funding for corporates, a Santander manager said on Wednesday. “It is the first time that these…

Source/ReadMore https://www.btvi.in/technology/seven-international-banks-agree-to-launch-digital-trade-finance-network/107760
Source A BTVI - Reuters rrelease

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Thursday, 18 October 2018 09:49

New Zealand 18th most competitive

New Zealand is the 18th most competitive nation in the world, according to the Global Competitiveness Index.

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Thursday, 18 October 2018 08:16

WiseTech announces second acquisition this week

Parcel and LTL shipping software provider SmartFreight is added to the growing portfolio.

Source An AmericanShipper release

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Thursday, 18 October 2018 07:47

Larry Ellison's NZ yacht company key to America's Cup rival

A Warkworth-based company owned by multi-billionaire IT mogul Larry Ellison and part-funded by Callaghan Innovation is at the centre of a bid to take the wind out of the sails of the next America’s Cup competition in Auckland . . . Read More . . .>

Source/ReadMore Sharechat

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Thursday, 18 October 2018 07:42

New Faces Join Chamber Board

The Canterbury Employers’ Chamber of Commerce will have three new faces on the Board for 2018/19, says Chief Executive Leeann Watson.

Source A Canterbury Chamber of Commerce release

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Wednesday, 17 October 2018 16:03

Aurecon appoints CSIRO leader to Manufacturing practice

Dr Ingrid Appelqvist takes up her position at a time when agri-food companies will have to invest in new manufacturing capability or risk losing market opportunities in Asia.

Global engineering and infrastructure advisory company Aurecon is pleased to announce it has appointed Dr Ingrid Appelqvist as its new Client Director for Manufacturing.

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Wednesday, 17 October 2018 12:38

Film Industry Working Group produces tripartite recommended model

Council of Trade Unions President Richard Wagstaff was pleased to have announced today a working model for moving forward with better employment laws for those in the film and screen industry.

Source A CTU release

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Wednesday, 17 October 2018 12:25

Summa Acquires CadCam Technology

17 Oct: 12:30 | Belgium-based Summa, providers of Summa-branded vinyl cutters, flatbed cutters, thermal printers and related media and materials, announces its purchase of UK-based CadCam Technology, which develops and manufactures laser cutting and laser engraving machines, as well as software.

Source A Sign&Digital release

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Wednesday, 17 October 2018 11:16

IDIOM a two-time winner in global Business Rules Excellence Awards

New Zealand decision automation software company dominates in global competition to recognise most commercially successful application of business rules

Source A Shine release

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Wednesday, 17 October 2018 11:10

NZ Steel grabs blocking stake in Steel & Tube

17 Oct: 11:14 | New Zealand Steel has paid a 17 percent premium for a blocking stake in distributor Steel & Tube Holdings, the latest move in an ongoing tussle for the Lower Hutt-based steel products supplier . Read More . . >

Source/ReadMore Sharechat

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news talk

Wednesday, 17 October 2018 11:02

SmartSpace swoops for New Zealand business

Luton-headquartered workspace management software provider SmartSpace has acquired a New Zealand-based business for £5.4m.

Source A InsiderMedia release

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Tuesday, 16 October 2018 13:20

Focus on 'low-hanging fruit' for emissions reduction - Methanex

New Zealand has a lot of “low-hanging fruit” it can pursue now with known technologies to start reducing greenhouse gas emissions, Methanex New Zealand managing director Dean Richardson says

Source/ReadMore Sharechat

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news talk

Tuesday, 16 October 2018 12:07

William Shatner opens Rocket Lab's latest NZ base

It seems only fitting that the one and only William Shatner (or as most of us know him, Captain Kirk from Star Trek) officially opened Rocket Lab’s production facility in Auckland… boldly taking space technology where few have gone before.

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news talk

Tuesday, 16 October 2018 11:41

Kiwi natural products exporters offered US insights

New Zealand natural products exporters and entrepreneurs have an opportunity to gain insights to give them the inside running into the US market at an Enterprise Bootcamp in November, 2018.

Source/ReadMore A BuyPure New Zealand release

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press releases

Tuesday, 16 October 2018 11:31

Coca-Cola Amatil opens $165m Richlands expansion

16 Oct: 1138 | Coca-Cola Amatil (CCA) has opened a $165 million expansion of its bottling and warehouse facility at Richlands, making the Brisbane facility the company’s largest Australian manufacturing plant.

Source A TIQ release

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Tuesday, 16 October 2018 08:27

HUI Māori Collective Launched at Parliament

World-first verification framework takes premium Māori products to the Chinese market.

Source A NZTE release

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Monday, 15 October 2018 11:37

Fulton Hogan heads off quarry quandry by leaving Huntly site

Fulton Hogan allayed competition concerns surrounding its purchase of Stevenson Group's construction materials business by leaving the Huntly quarry out of the acquisition . . . Continue to read full article . . .>

Source/ReadMore Sharechat

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Saturday, 13 October 2018 11:02

Legalise safe drug testing before summer festival season to save lives

The Green Party are calling for common-sense legalisation of festival drug testing before the summer festival season begins.

Source A Green Party release

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news talk

Friday, 12 October 2018 11:25

New appointments to REANNZ Board

Research, Science and Innovation Minister Hon Dr Megan Woods today announced three new appointments to the Board of Research and Education Advanced Network New Zealand (REANNZ).

Source A Beehive release

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news talk

Thursday, 11 October 2018 15:40

Problem definition for light rail solution still unclear

“Lingering debate over the form of rapid transit to Auckland Airport reveals a lack of clarity about the role for light and heavy rail and this issue must be resolved when the business case is released,” says Infrastructure NZ CEO Stephen Selwood.

Source Infrastructure New Zealand release

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Thursday, 11 October 2018 13:13

Board appointments to support innovation

Research, Science and Innovation Minister Hon Dr Megan Woods today announced two new appointments and three reappointments to the Callaghan Innovation Board.

Source A Beehive release

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Thursday, 11 October 2018 12:38

Beijer Ref NZ opens new facility

Beijer Ref CEO Per Bertland has officially opened a new 10,000m² support and distribution centre in Auckland, New Zealand.

Source A Cooling Post release

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Thursday, 11 October 2018 08:06

Own a piece of New Zealand whisky heritage…and its future

The NZ Whisky Collection is about to make a Kiwi dream come true - owning a Whisky distillery, or at least a part of it - by becoming a shareholder.

Source A NZ Whisky Collection release

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Thursday, 11 October 2018 07:54

Air New Zealand debuts spatial computing travel experience for Magic Leap One

Air New Zealand has unveiled an initial-concept multiplayer spatial computing gaming experience in Los Angeles today at the first L.E.A.P. conference, hosted by US-based spatial computing company Magic Leap.

Source A Air New Zealand release

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Thursday, 11 October 2018 07:41

Quality issues with new prison units

Corrections says the quality issues with the units being manufactured in China have been identified and addressed. Photo: Lynn Grieveson

Corrections staff have identified a number of issues relating to the manufacture of its rapid-build modular units for prisoner accommodation during quality assurance trips to China reported by Laura Walters for Newsroom.

Source/ReadMore A Newsroom release by Laura Walters

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Thursday, 11 October 2018 07:31

New programme to brew unique hops and craft beer from New Zealand

A new joint craft beer and hop breeding programme launched today aims to develop unique super-premium hops for exceptional craft brewers and uniquely New Zealand craft beer for top-tier markets.

Source A MPI release

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Wednesday, 10 October 2018 14:51

Largest quarterly percentage lift in retail card spending since 2010

Quarterly retail card spending in the September 2018 quarter rose at its fastest pace in seven and a half years, Stats NZ said today.

Source/ReadMore A StatsNZ release

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Wednesday, 10 October 2018 14:27

Wastewater testing to be rolled out nationally

Wastewater testing is set to be rolled out across New Zealand, with the expansion of Police and ESR’s (Institute of Environmental Science and Research) pilot programme.

Source A NZPolice release

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Wednesday, 10 October 2018 07:43

Q+A: Are petrol retailers profiteering?

Jacinda Ardern says petrol retailers are fleecing us. But is that true? Bernard Hickey explains on Newsroom what's underneath the pricing and industry dynamics at the pumps.

Source/ReadMore A Newsroom release by Bernard Hickey

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Tuesday, 09 October 2018 09:35

Chorus commissions independent review of sub-contractor employment practices

Chorus has today said that it has immediately commissioned a fully independent review relating to the employment practices of small business sub-contractors working on the Ultra-fast Broadband network.

Source A Chorus release

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Tuesday, 09 October 2018 07:32

The working weeks by country

This map explains the different working weeks per country

This Release From The MSCNewsWire Reporters Desk

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Monday, 08 October 2018 13:36

Boost for infrastructure decision making

BusinessNZ has welcomed the planned establishment of a new independent infrastructure body.

Source A BusinessNZ release

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Monday, 08 October 2018 13:34

Penlink project underlines importance of independent infrastructure body submission process

“Treasury’s consultation process on a new independent infrastructure body has come at an opportune time, with news that a major Chinese company has bid to build and operate the long awaited Penlink project highlighting the importance of an expert entity interfacing with the market and guiding procurement,” says Stephen Selwood CEO of Infrastructure NZ.

Source A Infrastructure New Zealand release

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press releases

Monday, 08 October 2018 12:39

World-renowned space company partners with New Zealand research institute

CSST and Airbus Defence and Space today announced a partnership agreement, which will give New Zealand businesses, industry, government and the research community access to an even wider selection of high resolution, weather independent, near real-time satellite data.

Source A CSST release

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Monday, 08 October 2018 12:30

Sustainability experts join Fonterra’s new advisory panel

08 Oct: 12:37 | Fonterra has appointed an independent Sustainability Advisory Panel to guide the Co-operative as it strives to be a world leader in sustainably produced dairy nutrition.

Source A Fonterra Release

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Monday, 08 October 2018 11:30

New IT degree at Weltec and Whitireia features AI and other disruptive tech

Artificial intelligence, data analytics and user experience design are among the new fields identified by the ICT sector as necessary skills for today's information technology graduates.

Source/ReadMore A Computerworld release

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Monday, 08 October 2018 10:06

Councils welcome new freshwater toolkit

Regional and unitary councils have welcomed the announcement of the Government’s new work programme to further improve the quality of freshwater in New Zealand.

Source A LGNZ release

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news talk

Monday, 08 October 2018 08:42

New report: Greens’ proposal to remove benefit sanctions would cost over $1 billion per year

A new report from the New Zealand Taxpayers’ Union shows the success of benefit sanctions, explains why efforts to make life on a benefit easier simply encourage a culture of welfare dependency and fraud, and exposes that more than one third of unemployment and single parent beneficiaries admit to failing on their obligation to seek employment.

Source A NZTaxpayers Union release

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Monday, 08 October 2018 07:52

New incentive will boost NZ tech growth

08 Oct: 07:55 | The new research and development tax incentive introduced today by the government will go a long way to helping inject even more growth into the tech sector, NZTech chief executive Graeme Muller says.

Source A MakeLemonade release

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Friday, 05 October 2018 12:56

Huhtamaki job losses “devastating blow”

E tū says the loss of 128 jobs at the Huhtamaki factory in Henderson is a devastating blow for workers there.

Source A E tū release

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Friday, 05 October 2018 12:54

Take your health and safety systems with you

WorkSafe is reminding businesses to take their health and safety systems with them when they move or expand their operations before commencing operations. And to treat them as a priority during the move.

Source A Worksafe release

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Friday, 05 October 2018 12:19

First ever New Zealand Roundtable on a Just Transition to a sustainable economy

The Council of Trade Unions is holding today in Wellington the first ever Roundtable for government, businesses, Māori representatives, trade unions and environmentalists on a Just Transition.

Source A CTU release

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press releases

Thursday, 04 October 2018 13:03

E tū supportive of construction initiatives

E tū says it is supportive of new government initiatives to bolster recruitment and training in the construction industry.

Source A E tū release

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Thursday, 04 October 2018 11:42

BG Door International starts Australian branch servicing New Zealand

During the Fruit Logistica in Hong Kong, BG Door International introduced their new company, Ecotop Ripening Australia. Together with local partners from Melbourne, they can now supply the Australian and New Zealand markets with modern ripening chamber technologies.

Source/ReadMore Sharechat

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Thursday, 04 October 2018 11:09

Reserve Bank Financial Strength Dashboard proving popular

04 Oct: 11:13 | Visitors and feedback on the Reserve Bank’s Financial Strength Dashboard have exceeded expectations, and the Bank is committed to enhancing the tool to further enrich disclosures.

Source A RBNZ release

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Wednesday, 03 October 2018 16:44

Changes to R&D Tax Credit Policy a Good Step Forward

03 Oct: 14:47 | The Government has announced their final Research and Development (R&D) Tax Credit policy, following consultation with the public and businesses. The Government has listened to some of the concerns of manufacturers and made some positive improvements to the policy.

Source A The Manufacturers' Network release

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Wednesday, 03 October 2018 11:49

New incentive will boost NZ tech growth

The new research and development tax incentive introduced today by the government will go a long way to helping inject even more growth into the tech sector, NZTech chief executive Graeme Muller says.

Source A MakeLemonade release

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Wednesday, 03 October 2018 11:46

Govt has listened to small business about innovation

Government has listened to the views of smaller businesses in designing its research and development tax credit scheme, says BusinessNZ.

Source A BusinessNZ release

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Wednesday, 03 October 2018 11:42

Good tax policy reflects business voice, enhances innovation

03 Oct: 11:47 | New research and development tax incentives announced by the Government earlier this morning are an encouraging start to help lift productivity for business in New Zealand, says the EMA.

Source A EMANZ release

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Wednesday, 03 October 2018 07:34

New and larger retail experience coming to Christchurch Airport

03 oct: 07:27 | Doubling the size of the international retail space at Christchurch Airport is one of the many changes coming as a result of the appointment of a new world leading concessionaire.

Source A Christchurch Airport release

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news talk

Wednesday, 03 October 2018 07:30

Wrightson Seeds suitor DLF cites research capability, export growth

03 Oct: 07:15 | Danish producer DLF Seeds says its research capability makes it a strong potential acquirer of PGG Wrightson’s grains and seeds business .. . .read on >

Source/ReadMore Sharechat

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Tuesday, 02 October 2018 14:53

Advisory: Media Advisory - Just Transition Roundtable

02 Oct: 14:50 | On Friday the 5th of October, the New Zealand Council of Trade Unions will be hosting in Wellington the first ever New Zealand Roundtable for business, unions, environmental groups and government on a Just Transition to a net zero emissions economy.

Source A CTU release

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Tuesday, 02 October 2018 14:40

NZ Financial system remains sound while the Reserve Bank innovates for the future

02 Oct: 14;46 |New Zealand’s financial system remains sound and resilient, and the Reserve Bank is undergoing significant innovation to prepare for the future, according to the Bank’s Annual Report 2017-18 released today.

Source A RBNZ release

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Monday, 01 October 2018 10:50

US Navy expands engine overhaul contracts with Air New Zealand

The United States Navy has awarded Air New Zealand Gas Turbines a USD$17 million contract to service and overhaul 12 General Electric LM2500 Power Turbines that power some of the Navy’s cruisers.

Source A Air New Zealand release

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Monday, 01 October 2018 10:20

Armistice Day coin rolls into circulation

From today, instead of receiving the usual 50 cent coin in your change, you may be lucky enough to receive a brand new Armistice Day coin of the same value.

Source A RBNZ release

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Monday, 01 October 2018 10:18

Ministers to meet world energy leaders at premier Wellington event

Government Ministers and energy sector leaders from around the Asia Pacific will meet at a Summit in Wellington later this month.

Source A BusinessNZ release

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Monday, 01 October 2018 08:27

Asia-Pacific Conference in Sydney to Tackle a Range of Intellectual Property Issues

01 Oct: 0823 | As brand owners and trademark professionals face new opportunities and challenges in the Asia-Pacific region and elsewhere, the International Trademark Association (INTA) will be holding an educational conference in Sydney, Australia, from October 11 to 12, to explore timely issues that extend beyond those focused only on trademarks.

Source A International Trademark Association release

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Monday, 01 October 2018 07:19

Trevor Edwards Elected President of The Manufacturers' Network

Trevor Edwards, Managing Director of Superheat Ltd has been elected as the President of The Manufacturers’ Network (formerly NZMEA) at the Association’s 139th AGM.

Source A The Manufacturers' Network release

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Monday, 01 October 2018 07:17

Changes to ACC levies

The proposal to decrease ACC levies by 6.9% for employers is one the EMA encourages the Minister to keep.

Source A EMANZ release

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Thursday, 27 September 2018 14:23

Cavalier to sell scouring interest, focus on carpets

27 SEP: 14:27 | Cavalier Corp is close to selling its stake in New Zealand’s only wool scourer as part of a plan to reduce debt and free up capital to invest in carpet manufacturing

Source/ReadMore Sharechat

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Thursday, 27 September 2018 10:36

MacPherson aims to unleash the power of data at Stats NZ

27 Sep:10:41 | The head of New Zealand’s statistics agency is determined to realise the agency’s vision to unleash the power of data to change lives as she embarks on her second term at the helm.

Source/ReadMore Sharechat

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Thursday, 27 September 2018 09:30

Does New Zealand law legitimise organised crime?

A University of Canterbury (UC) law professor warns that New Zealand’s limited enforcement of a global Anti-Bribery convention may leave us open to organised crime and corruption. UC Law Professor John Hopkins warns that if New Zealand’s limited enforcement of the Organisation for Economic Co-operation and Development (OECD)’s Anti-Bribery convention continues, we may find ourselves targeted by organised crime and corruption. In the new Transparency International report ‘Exporting corruption’, New Zealand was identified as one of 33 exporters (totalling 52% of world exports) that have limited to no enforcement against foreign bribery. Professor Hopkins, a director of Transparency International New…

Source A University of Canterbury release

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Thursday, 27 September 2018 09:07

OCR unchanged at 1.75 percent

Statement by Reserve Bank Governor Adrian Orr:

Source A RBNZ release

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Thursday, 27 September 2018 09:04

Callaghan funds Larry Ellison/Russell Coutts yacht building company - again

A New Zealand company owned by multi-billionaire America’s Cup arch-rival Larry Ellison, and which has Rich Lister yachtsman Russell Coutts on the board, is getting more taxpayer funding

Source/ReadMore Sharechat

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Wednesday, 26 September 2018 08:52

Jenny Shipley and others ignored Mainzeal risk for almost a decade, court hears

Significant governance risks existed at failed construction company Mainzeal almost a decade before the company collapsed, according to evidence from veteran company director Sandy Maier

Source/ReadMore Sharechat

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Tuesday, 25 September 2018 09:59

Appeal Court upholds rejection of Stuff, NZME merger

The Court of Appeal has upheld the rejection of plans to create a dominant newspaper publisher through the merger of Stuff and NZME read on . . .

Source/ReadMore Sharechat

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Tuesday, 25 September 2018 09:55

Good growth but international risks

The BusinessNZ Planning Forecast for the September 2018 quarter shows continued growth but with some easing expected.

Source A BusinessNZ release

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Tuesday, 25 September 2018 09:54

NZOG, partners start drilling south of New Plymouth

New Zealand Oil & Gas and its partners have started drilling the Kohatukai-1 exploration well south-east of New Plymouth

Source/ReadMore Sharechat

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Tuesday, 25 September 2018 09:31

OIO approves Bounty Holdings bid to buy Tegel Group, offer now unconditional

The Overseas Investment Office has approved a bid by Bounty Holdings New Zealand to buy Tegel Group Holdings, and the offer has been declared unconditional

Source/ReadMore Sharechat

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Monday, 24 September 2018 14:41

Capacity upgrade planned for Hawaiki cable

Hawaiki Submarine Cable has contracted with US-based Ciena Corp to increase the capacity of its deep-sea fibre optic cable by more than half

Source/ReadMore Sharechat

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Monday, 24 September 2018 09:09

Tomato hot-house gardeners and distribution workers will walk off the job for 24 hours

Over 100 mainly tomato hot-house gardeners and distribution workers will walk off the job for 24 hours (4am Monday 24th to 4am Tuesday 25th) over bleak pay and the company refusing to come to the table to address worker's concerns. Workers at the nine striking sites will also picket each main site; the five Auckland sites gathering at the Favona site and an individual picket at every other site outside of Auckland (Ohaupo, Reporoa, Palmerston North and Christchurch). The pickets will begin at 7am, media are invited to attend. Bargaining began in February with FIRST Union workers seeking a national…

Source A FirstUnion release

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Friday, 21 September 2018 11:02

Auckland Airport plans to raise up to $175M in bond sale

Auckland International Airport plans to sell up to $175 million of six-year fixed-rate bonds to institutional and retail investors as it seeks to help fund its biggest ever infrastructure spending programme.

Source/ReadMore Sharechat

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Friday, 21 September 2018 08:15

Tax Working Group report made easy: Infographic

The Tax Working Group's interim report is 188 pages long. Newsroom brings you the bite-sized version. Source: Deloitte

The Tax Working Group (TWG)'s "Future of Tax" interim report is 188 pages long. There have been (and there will be) many hundreds more pages written about the findings. (Newsroom has written a few.) And that's even before the full report comes out in February next year.

Source/ReadMore A Newsroom release by Nikki Mandow

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Friday, 21 September 2018 07:55

Expansion will double Scott Technology

Construction is due to begin at Scott Technology's Kaikorai Valley headquarters in Dunedin, in a $4million project which will double its space writes Simon Hartley in todays Otago Daily Times.

Source/ReadMore An ODT release

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Friday, 21 September 2018 07:32

Tiwai Point to begin energising fourth potline

The Tiwai Point smelter will soon begin energising the site’s fourth potline after a six-year break

Source/ReadMore Sharechat

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news talk

Thursday, 20 September 2018 16:04

Latest economic figures expose gloom merchants

Gross Domestic Product statistics out today are further evidence that business commentators’ attempts to darken economic and political confidence are out of step with reality, Council of Trade Unions President Richard Wagstaff says.

Source A CTU release

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press releases

Thursday, 20 September 2018 15:58

No “showstoppers” in first stage risk assessment process

The rigorous process to look at the risks around the three re-entry options being considered for the Pike River Mine has turned up no “showstoppers”, Pike River Recovery Agency Chief Executive Dave Gawn says.

Source A Pike River Recovery Agency release

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Thursday, 20 September 2018 15:56

E tū welcomes High Court ruling on steel dumping

E tū says its support for NZ Steel’s complaint of steel-dumping by China has been vindicated by a High Court ruling directing MBIE to reinvestigate.

Source A E tū release

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press releases

Thursday, 20 September 2018 13:28

Thirty-one of New Zealand’s leading export companies have made it through to the finals of the 2018 New Zealand International Business Awards.

They come from around New Zealand and represent an array of sectors, demonstrating the nation’s business diversity and innovation.

Source A NZTE release

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Thursday, 20 September 2018 12:16

Amazon move into India likely to have ripple effect in NZ

Amazon dipping its toes into the insurance market in India may likely have ripples effects for New Zealand, which is seen as a test bed for large organisations looking to try something new. FintechNZ general manager James Brown says insurers in New Zealand hold over $20 billion in assets and over $15 billion in liabilities which are not insignificant amounts. “What this clearly demonstrates is that we are ripe for new emerging technologies. “This decision by Amazon is a serious move by one of the biggest global tech firms and is an indication that they are going after large markets…

Source A MakeLemonade release

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Thursday, 20 September 2018 11:53

Tax fixes not rocket science

The Council of Trade Unions today welcomed the interim report of the Tax Working Group which pointed to some obvious fixes to make New Zealand more fair and equal.

Source A CTU release

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press releases

Thursday, 20 September 2018 11:43

Broad-based growth as GDP rises 1 percent in June quarter

Gross domestic product (GDP) rose 1.0 percent in the June 2018 quarter, up from 0.5 percent last quarter, Stats NZ said today. This is the largest quarterly rise in two years.

Source/ReadMore A StatsNZ release

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Thursday, 20 September 2018 11:25

Tax Working Group proposes wider scope for taxing capital gains

A capital gains tax on the sale of investment property, businesses, shares and other assets such as farms is a step closer if the interim report of the Tax Working Group leads to firm recommendations in its final report next February

Source/ReadMore Sharechat

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Thursday, 20 September 2018 10:02

Kiwi billionaire Stephen Jennings joins NZ Initiative board

Kiwi billionaire investor Stephen Jennings has joined the board of the New Zealand Initiative think-tank

Source/ReadMore Sharechat

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Thursday, 20 September 2018 09:25

Westpac Champion Business Awards

Westpac Champion Business Awards: Seequent and City Harvest Food Rescue Take Supreme Honours, and Dame Adrienne Stewart Recognised for Contribution to Business and the Arts

Source A Canterbury Chamber of Commerce release

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Thursday, 20 September 2018 09:23

WWF-New Zealand CEO Livia Esterhazy appointed to Treasury Board

Secretary to the Treasury Gabriel Makhlouf has appointed Livia Esterhazy as a new non-executive director on the Treasury’s Board.

Source A WWF-New Zealand release

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Wednesday, 19 September 2018 19:00

Timaru employee wins inaugural New Zealand EA / PA excellence award

A Timaru staff member who goes above and beyond for her employer, colleagues and her community, has won the inaugural New Zealand executive assistant / personal assistant of the year award.

Source A MakeLemonade release

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Wednesday, 19 September 2018 17:01

High Court orders reinvestigation of Chinese steel imports

Officials have been ordered to reconsider New Zealand Steel's bid to have anti-dumping duties on imposed on Chinese steel imports

Source/ReadMore Sharechat

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Wednesday, 19 September 2018 10:05

CERT NZ receives highest number of reports for a single quarter yet

The latest threat report released by CERT NZ today shows over 700 cyber security incidents were reported from 1 April to 30 June - the largest ever volume for a single quarter – cementing CERT NZ’s role as a central coordinator in New Zealand.

Source A CertNZ rrelease

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Wednesday, 19 September 2018 09:51

Near-record throughput at Marsden Point

The Marsden Point oil refinery processed a near-record 7.62 million barrels of oil during the past two months

Source/ReadMore Sharechat

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Wednesday, 19 September 2018 09:49

Synlait nearly doubles profit in tenth year of operations

Synlait (NZX: SML; ASX: SM1) has reported a net after tax profit (NPAT) of $74.6 million, almost double the NPAT of $39.5 million announced for the same period last year.

Source A Synlait release

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Tuesday, 18 September 2018 14:42

Green Party welcomes proactive release of cabinet papers

The Green Party tautoko the Government proactively releasing Cabinet papers to ensure and openness and accessibility, but will work to go even further.

Source A Green Party release

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press releases

Tuesday, 18 September 2018 10:37

Nearly 900 to strike at BlueScope steel mills

E tū members at BlueScope Pacific Steel in Auckland will strike for a second time for 24 hours, from 7am on Wednesday, 19 September in protest over 6 months of stalled pay talks.

Source A E tū release

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Friday, 14 September 2018 17:09

Second strike at OceaniaGold Waihi mine

Workers at OceaniaGold in Waihi will be on strike again this weekend, as the company continues to refuse a fair deal for the workers.

Source A E tū release

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Friday, 14 September 2018 15:50

Hawke’s Bay Growth Study to interview 600 local businesses

Survey underway to identify future skills required to support growth in key industry sectors

Source A BusinessHawkes Bay release

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Friday, 14 September 2018 11:02

Fonterra announces managing director Fonterra Brands NZ

Fonterra is pleased to welcome Brett Henshaw to the Co-operative as Managing Director, Fonterra Brands, New Zealand (FBNZ).

Source A Fonterra Release

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Friday, 14 September 2018 08:12

Co-op must do better

The Chairman of Fonterra’s Shareholders’ Council Duncan Coull has said he is extremely disappointed with the Co-op’s 2018 Annual Results.

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Thursday, 13 September 2018 10:49

Brake announces Bridgestone as a sponsor of Fleet Safety Awards 2018

Brake is delighted to announce that the Road Safety in the Community Award at the 2018 Australasian Fleet Safety Awards is being sponsored by Bridgestone.

Source A Brake release

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Thursday, 13 September 2018 08:42

Fonterra announces FY18 Annual Results and outlook for FY19

Source A Fonterra Release

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Thursday, 13 September 2018 08:05

FIRST Union’s Dennis Maga invites Winston Peters and Shane Jones to lunch

Responding to misinformation around the ERA and MECAs – FIRST Union General Secretary Dennis Maga says the proposed changes of the Employment Relations Amendment Bill reverse much of what has been the erosion of workers’ rights over the last decade and that there’s nothing in the proposed changes that hasn’t been done before in New Zealand.

Source A FirstUnion release

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Thursday, 13 September 2018 08:02

Christchurch pallet workers to picket once again over dismal pay rates

50 Christchurch workers who restore pallets for the distribution of many of New Zealand’s well-known products and who are striking for the third time until Sunday will be holding a picket today (13/09/2018) over dismal pay and large pay variations between company work sites.

Source A FirstUnion release

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Wednesday, 12 September 2018 15:27

Auckland Council and Unison honoured at RiskNZ annual awards

Auckland Council’s Cecilia Tse won the risk management professional of the year award while the council’s risk team won the excellence in developing capability in risk management award at RiskNZ’s annual awards in Auckland today.

Source A MakeLemonade release

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Wednesday, 12 September 2018 13:47

Tilt directors repeat recommendation that shareholders reject Infratil, Mercury takeover offer

Tilt Renewables's independent directors have repeated their advice that shareholders reject a takeover offer from major shareholders Infratil and Mercury NZ, after Tilt announced it has signed a 15-year supply deal with Victoria's state government

Source/ReadMore Sharechat

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Wednesday, 12 September 2018 08:30

Government needs to show commitment to address tax imbalances

This week, there has been speculation and reports that the Government’s Tax Working Group is delaying any recommendation of a Capital Gains Tax in their first report.

Source A The Manufacturers' Network release

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Wednesday, 12 September 2018 08:25

Electricity price review welcome, Greens will continue to push for cheaper, cleaner, power for Kiwis

The Green Party is welcoming the release of stage one Electricity Price Review report and will continue to push for a transition to 100% renewable energy whilst ensuring fair pricing for houses and businesses alike, Green Party Energy spokesperson Gareth Hughes said today.

Source A Green Party release

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Wednesday, 12 September 2018 08:16

Electricity sector review highlights strengths and future needs

The BusinessNZ Energy Council has welcomed MBIE’s review of the New Zealand electricity sector.

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Wednesday, 12 September 2018 08:14

Zero accuracy in business survey on ERA changes

The Employment and Manufacturers Association and Business New Zealand have released the annual Mood of the Boardroom survey in association with the New Zealand Herald.

Source A FirstUnion release

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Wednesday, 12 September 2018 08:13

Thousands of workers show their support for ERA changes

Changes to employment law in the Employment Relations Amendment Bill are a topic of hot debate, today over 1000 workers showed their support for the proposed changes at Auckland’s Mt Smart Stadium.

Source A FirstUnion release

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Wednesday, 12 September 2018 08:07

Kaitaia workers left with more questions than answers – unions request assistance from ministers

Workers at the JNL/ Juken Triboard Wood Products Mill in Kaitaia remain concerned after today’s company announcement that the mill would be undergoing a major upgrade, and around 40 jobs may be on the chopping block.

Source A FirstUnion release

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Wednesday, 12 September 2018 08:05

New wage deal at Countdown distribution sets bench mark for triangular employment

Nearly a thousand workers covered by collective agreements at Countdown’s distribution centres (in Christchurch, Palmerston North, and Auckland), will see their hourly wage go to a minimum of $25 this year in a new deal that sets a new bench mark for how companies engage labour-hire workers.

Source A FirstUnion release

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Tuesday, 11 September 2018 10:32

New Chair scrutinises leaky building and other regulations

Victoria University of Wellington’s new Chair in Regulatory Practice, officially launched yesterday, is set to be New Zealand’s hub for regulatory-related research and learning, and could ensure something like the leaky building crisis never happens again.

Source A Victoria University Release

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Tuesday, 11 September 2018 10:26

Fonterra ‘matchmaking service’ set to transform work at the co-op

Fonterra employees will be able to spend up to a third of their time on projects outside their day jobs in what is believed to be a New Zealand-first initiative.

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Tuesday, 11 September 2018 10:24

Juken signals job losses from multi-million upgrade of Kaitaia Triboard mill

Juken New Zealand has started talking to staff over likely job losses as it plans to spend millions of dollars upgrading its Triboard mill in Kaitaia

Source/ReadMore Sharechat

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Tuesday, 11 September 2018 08:32

Group appointed to conduct Hawke's Bay Food Innovation Hub study

Progress continues for Hawke’s Bay Food Innovation Hub Sapere Research Group has been appointed to carry out a feasibility study and business case for the creation of a Hawke’s Bay Food Innovation Hub.

Source/ReadMore A Voxy release

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Monday, 10 September 2018 13:45

CTU welcomes next step of Employment Relations Amendment Bill

The New Zealand Council of Trade Unions is pleased to see progress on the coalition Government’s commitment to rebalancing working people’s rights, President Richard Wagstaff says.

Source A CTU release

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Monday, 10 September 2018 13:16

Workplace relations minister to get greater power over vulnerable worker list

Parliament's education and workforce select committee heeded union submissions on the first tranche of an employment law overhaul which would let the workplace relations minister add new groups to the list of vulnerable employees

Source/ReadMore Sharechat

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Monday, 10 September 2018 12:03

Business disappointed with ERA Bill

EMA is bitterly disappointed with the lack of heed paid to concerns business has raised in relation to the Employment Relations Amendment Bill.

Source A EMA release

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Monday, 10 September 2018 11:36

Petrol and chemical products lead fall for manufacturing

Source StatsNZ release

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Monday, 10 September 2018 10:32

Pike River Recovery Agency risk assesses three re-entry options

Technical mining experts gather in Greymouth for the next two weeks to look at risks involved in each of the three re-entry options the Pike River Recovery Agency is investigating for the Pike River Mine.

Source A Pike River Recovery Agency release

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Monday, 10 September 2018 10:07

Employment bill still harmful, oppressive

The Employment Relations Amendment Bill as reported back to Parliament today remains harmful and oppressive, says BusinessNZ.

Source A BusinessNZ release

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Monday, 10 September 2018 09:26

Eye-watering deal for NZ medical business

Taken at King Saud University, from left: Professor Abdullah Aldahmash, director of the university’s Prince Naif Research Centre, Dr Hong Sheng Chiong and Dr Zakiuddin Ahmed programme director of RAHAH.

New Zealand company ODocs Eye Care has signed its first overseas international partnership with Riyadh’s King Saud University, which is the biggest medical university in the Arab world.

Source A MakeLemonade release

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Monday, 10 September 2018 09:08

SBT Group purchase of the Liqueo bulk liquid storage

The SBT Group purchase of Liqueo earlier this year from Christchurch based Scales has assisted Scales search for new agri-businesses which better match its remaining portfolio.

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Monday, 10 September 2018 07:39

Does business confidence foretell a slowdown, or mark a corporate conspiracy

Hamish Rutherford reporting in the Sunday Times for Stuff writes that the mood of boardrooms is currently highly pessimistic, which some take as a sign of a slowdown while others claim should be dismissed as a poll by executives of the Labour-led Government.

Source/ReadMore A Stuff release

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Monday, 10 September 2018 07:19

A first for NZ: Delta Insurance releases cover for intellectual property

Kiwi businesses can now afford to protect themselves against intellectual property (IP) risks, thanks to an audacious move by Delta Insurance.

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Thursday, 06 September 2018 15:42

KiwiNet’s research commercialisation success to scale up; new chairman and board members announced

Ngaio Merrick takes over as KiwiNet chairman from Hon Ruth Richardson who leaves legacy of success following $38 million KiwiNet PreSeed investment in research commericalisation

Source A Kiwinet release

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Wednesday, 05 September 2018 16:12

MPI joins forces with forest industry on biosecurity readiness

The Ministry for Primary Industries and the New Zealand Forest Owners Association (FOA) are joining forces under the GIA (Government Industry Agreement) to improve forest biosecurity preparedness.

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Wednesday, 05 September 2018 14:47

Sistema millionaire Brendan Lindsay lifts stake in Methven to almost 20%

Kapiti lad made good Brendan Lindsay, who sold his plastics container business Sistema for $660 million in 2016, has lifted his stake in listed tapware maker company Methven to just shy of 20 percent

Source/ReadMore Sharechat

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Wednesday, 05 September 2018 11:12

Steel & Tube raises $42.3M in discounted retail rights offer with 71% update

Steel & Tube Holdings says 71 percent of its deeply discounted 1-for-1.9 pro rata rights offer was taken up by shareholders and the stock has been halt for a shortfall bookbuild to raise another $17.8 million.

Source/ReadMore Sharechat

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Wednesday, 05 September 2018 09:02

David Collins appointed as Chorus CFO

Chorus has today announced that David Collins has been appointed to the role of Chief Financial Officer from December 2018.

Source A Chorus release

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Wednesday, 05 September 2018 08:36

No home, no loan: what the housing crisis means for SMEs

Blue Frog entrepreneur Scotty Baragwanath wanted money from the bank to start his cereal export business. They turned him down because he didn't own a home.

Banks often insist start-up business owners provide their home as security if they want finance. But the housing crisis means fewer entrepreneurs, particularly younger ones, can afford a house.

Source/ReadMore A Newsroom release by Nikki Mandow

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Wednesday, 05 September 2018 08:21

Methven yet to receive substantial shareholder notice as buyer pays premium for 6.4% stake

Methven hasn't received notice from a mystery investor who paid a premium for 6.4 percent of the tapware maker's shares, but takes it as a ringing endorsement of plans to grow profit

Source/ReadMore Sharechat

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Tuesday, 04 September 2018 09:13

Chep strikers march against unfair wages

Brambles owned CHEP Pallets staff in Christchurch are striking again after FIRST Union members have voted unanimously to walk off the job at the Hornby plant today at 2pm. Striking workers have decided to march to the local shopping mall to draw attention to their struggle for equal pay with CHEP’s Auckland Wiri Plant.

Source A FirstUnion release

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Tuesday, 04 September 2018 09:11

Pike River Recovery Agency risk assesses re-entry options

On 19 July 2018 the Minister Responsible for Pike River Re-Entry, Andrew Little, signed off the Agency’s baseline Concept Plan as the basis for further detailed planning and preparatory work on required equipment and infrastructure.

Source A Pike River Recovery Agency release

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Tuesday, 04 September 2018 08:58

New Zealand’s second-tier patent system fails to advance

As the title suggests, the prospect of a second-tier patent system in New Zealand failed to advance past first base, with the New Zealand Government halting the progress of the “Advancement Patent” following its first reading. While the prospect of New Zealand having a second-tier patent system appears all but dead and buried for now, the debate both for and against its introduction raises a valid question: Did New Zealand need a second-tier patent system?

Source A Lexology release

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Monday, 03 September 2018 11:31

R J's Mondelez and Jaffas

Iconic New Zealand confectionery brand, RJ’s, has been working closely with Mondelez International to ensure the future of a Kiwi favourite.

Source A supermarket News release

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Monday, 03 September 2018 11:02

Higher dairy export prices boost terms of trade

Export prices increasing more than import prices in the June 2018 quarter led to a 0.6 percent rise in the terms of trade, Stats NZ said today.

Source/ReadMore A StatsNZ release

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Monday, 03 September 2018 10:25

New corporate branding unveiled for Alliance ahead of roadshow

Alliance Group is marking the next stage in its transition into a food and solutions company with the launch of a new corporate identity ahead of the co-operative’s annual farmer roadshow.

Source An AllianceFarmers release

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Monday, 03 September 2018 10:18

Armistice Day coin orders open to the public

From today you will be able to pre-order a limited number of the newly minted Armistice Day coin for delivery in October, right in time for Armistice Day.

Source A RBNZ release

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Monday, 03 September 2018 09:45

Growing anticipation from lenders to fund KiwiBuild deals

Auckland's largest non-bank property financer has over $100m to invest and is eager to support the Government’s highly anticipated KiwiBuild programme but like others in the development sector the lending company is awaiting more detail.

Source A NZMS release

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Monday, 03 September 2018 09:28

F&P Healthcare warns of $5-10M hit in contesting latest Resmed patent allegations

Fisher & Paykel Healthcare expects the cost of contesting the latest patent allegations from rival ResMed will cut annual earnings by as much as $10 million in a far-ranging dispute across multiple jurisdictions

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Monday, 03 September 2018 08:26

Canadian pension fund wants to build Auckland's $6b modern tram project

A Canadian pension fund wants to roll up its sleeves and roll out Auckland's $6 billion modern tram project capable of moving 11,000 commuters an hour reports Bernard Orsman for NZ Herald.

Source/ReadMore NZHerald

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Monday, 03 September 2018 08:05

Closer Californian ties crucial for NZ tech growth

Leading New Zealand tech expert Graeme Muller arrived back home from Silicon Valley today convinced New Zealand needs closer tech ties with Californian to help produce a thriving Kiwi economy.

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Monday, 03 September 2018 08:00

Business of former MP Marama Fox owes over $70k

Marama Fox had plans to build environmentally friendly, sustainable, prefab-style homes to help tackle homelessness.

A Rotorua woman has been left with $40,000 of debt, and no answers, after Marama Fox's business folds reports Laura Walters for Newsroom.

Source/ReadMore A Newsroom release by Laura Walters

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Sunday, 02 September 2018 13:50

Campervan maker expands Hamilton factory

Action Manufacturing has received Overseas Investment Office approval to lease land near Hamilton to expand its campervan manufacturing business.

Source A LINZ release

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Friday, 31 August 2018 12:26

Bus drivers picket for a second day following huge community support

Auckland bus drivers who work for Ritchies Murphy will be picketing again today from 3-5pm as part of strike action. The strike will include a BBQ picket - a few hours out of the day where drivers will walk off the job to have some down time socialising, something they don’t often get to do.

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Friday, 31 August 2018 11:50

Record numbers as finalists announced for 2018 NZI Sustainable Business Network Awards

Judges for the 2018 NZI Sustainable Business Network Awards have announced the line-up of finalists after another record year of entries.

Source A Sustainable Business Network Release

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Friday, 31 August 2018 11:48

Robotics Plus appoints CEO as demand grows for agricultural automation

Robotics Plus, a New Zealand agricultural robotics and automation company, today announced it has appointed Dr Matt Glenn as the company’s chief executive officer. The move comes after a period of accelerated growth for Robotics Plus fuelled by industry demand for its innovative horticulture automation technologies.

Source A Shine release

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Friday, 31 August 2018 11:36

NZ businesses advised to prepare now for new PAYE requirements

New Zealand businesses are being advised to start preparing now for new requirements detailed by IRD yesterday.

Source/ReadMore A Voxy release

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Friday, 31 August 2018 11:25

Award-winning programme changing lives within the workplace

A life-changing adult learning programme developed by Upskills and biscuit and snacks maker The Griffin’s Foods Company was a category winner at the Diversity Works Awards in Auckland on Wednesday night.

Source/ReadMore A Voxy release

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Friday, 31 August 2018 08:22

Steps to improve nationwide emergency management capability welcomed

LGNZ welcomes the Government’s response today on delivering better responses to natural disasters and other emergencies, having taken the Technical Advisory Group’s (TAG) recommendations to put safety and wellbeing of New Zealanders at the heart of the emergency management system.

Source A LGNZ release

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Thursday, 30 August 2018 12:57

Rubber firm boots up profit

In the year Skellerup’s iconic Red Band gumboots turn 60, the company is celebrating a record profit.

Source/ReadMore A DairyNews release

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Thursday, 30 August 2018 11:41

Bus drivers protest at picnic picket

Auckland bus drivers who work for Ritchies Murphy will be picketing from 3-5pm today as part of strike action. The strike will include a picnic picket - a few hours out of the day where drivers will walk off the job to have a BBQ and spend time with family at St Aidens Reserve, Takanini, today Thursday 30th August at 3pm

Source A FirstUnion release

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Thursday, 30 August 2018 11:09

NZ infrastructure expected to improve next 5 years, but action called for in Auckland

A Beca-sponsored poll of infrastructure leaders at the recent Infrastructure New Zealand Building Nations Symposium indicates confidence is growing that New Zealand can meet its infrastructure challenges, but suggests there needs to be greater detail shared with industry and the community around plans to address Auckland’s infrastructure needs.

Source A Infrastructure New Zealand release

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Thursday, 30 August 2018 11:03

Tourism spending data for July 2018 released

The latest Monthly Regional Tourism Estimates (MRTEs) released today by the Ministry of Business, Innovation and Employment (MBIE) show that tourism expenditure grew in all regions for the year ended July 2018.

Source A MBIE release

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Thursday, 30 August 2018 10:53

Christchurch pallet workers strike once again over dismal pay rates

50 Christchurch workers who restore pallets for the distribution of many of New Zealand’s well-known products will be striking again tomorrow over low pay and large pay variations between company work sites.

Source A FirstUnion release

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Thursday, 30 August 2018 10:21

Programme to help females step up to become NZ's future leaders

‘Step Up: Developing High Potential Women into the Leaders of Tomorrow’ offers companies the opportunity to invest in the best and brightest female talent by proving them nine months of in-depth training, designed by female business leaders to create female business leaders.

Source/ReadMore A Voxy release

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Thursday, 30 August 2018 07:44

Moderate Freight Growth Continues in July, Up 2.1% Report IATA

Geneva – The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), rose 2.1% in July 2018, compared to the same period the year before. This was the slowest pace of growth seen since May 2016 and well below the five-year average growth rate of 5.1%.

Source/ReadMore An IATA release

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Wednesday, 29 August 2018 17:21

Harts snap up Hansells for $15 million

Billionaire Graeme Hart and his son Harry bought Hansells Food Group for $15 million in their creation of a new local food empire

Source/ReadMore Sharechat

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Wednesday, 29 August 2018 15:01

Heat and Control partners up with Key Technology

Heat and Control and Key Technology have entered into a strategic partnership to support customers in Australia, New Zealand and India.

Source A Food&DrinkBusiness release

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Wednesday, 29 August 2018 12:34

Wrights Satellite Connections acquired by Australia’s Pivotel

Wellington based mobile satellite communications service provider Wrights Satellite Connections (WSC) has been acquired by Australian satcoms company, Pivotel.

Source A ComputerWorld release

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Wednesday, 29 August 2018 11:09

Another day, another advisory panel

Barry Soper writes in today's NZHerald: Why does this government need a plethora of experts? . . . . . >

Source/ReadMore NZHerald

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Wednesday, 29 August 2018 10:37

Fletcher completes board refresh with outgoing Adelaide Brighton CEO

Fletcher Building has completed a boardroom refresh appointing Australian Martin Brydon as a non-executive director from next month, says outgoing chair Ralph Norris

Source/ReadMore Sharechat

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Wednesday, 29 August 2018 10:10

Five new mining staff sought

Te Kāhui Whakamana Rua Tekau mā Iwa Pike River Recovery Agency is advertising for five new mining staff to assist with the re-entry and recovery of the Pike River Mine drift access tunnel.

Source A Pike River Recovery Agency release

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Wednesday, 29 August 2018 08:32

NZIER expects solid outlook, but with increasing downside risks - Quarterly Predictions, September 2018

NZIER Quarterly Predictions, September 2018 - The New Zealand economic outlook remains reasonably solid but there are increasing downside risks, as detailed in the latest NZIER Quarterly Predictions.

Source A NZIER release

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Wednesday, 29 August 2018 07:42

Analysis: Side-stepping the elephant in the room

Prime Minister Jacinda Ardern speaking to reporters.

Prime Minister Jacinda Ardern's big economic speech was supposed to address the business confidence slump. Instead, she side-stepped it with a nod and a wave, Bernard Hickey writes for Newsroom.

Source/ReadMore A Newsroom release by Bernard Hickey

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Tuesday, 28 August 2018 20:12

NZ dollar range-bound as traders overlook Ardern's bid to woo business

The New Zealand dollar traded in a tight range as investors largely overlooked a speech by Prime Minister Jacinda Ardern aimed at stoking flagging business confidence ahead of the latest survey on Thursday . . . . . . >

Source/ReadMore Sharechat

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Tuesday, 28 August 2018 16:37

Waikato bus drivers strike for the third time as Go Bus requests arbitration

Over a hundred drivers in the Waikato region will once again carry out strike and picket action as the relationship with their employer Go Bus hits new lows.

Source A FirstUnion release

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Tuesday, 28 August 2018 16:14

Tilt says Waverley among key near-term projects

Tilt Renewables says its consented wind project at Waverley on the southern Taranaki coast is among three it is focusing on for near-term development

Source/ReadMore Sharechat

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Tuesday, 28 August 2018 12:06

BusinessNZ welcomes new Business Advisory Council

BusinessNZ Chief Executive Kirk Hope has welcomed today’s announcement of the Prime Minister’s Business Advisory Council as a commitment by the Government to listen to business.

Source A BusinesNZ release

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Tuesday, 28 August 2018 11:52

Tourism Holdings to beef up investment in Thor joint venture

Tourism Holdings will step up investment in its TH2 joint venture with RV maker Thor Industries, which will stop it from repeating another year of record profits

Source/ReadMore Sharechat

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Tuesday, 28 August 2018 11:49

CouncilMARK™ Independent Assessment Board releases latest council reports

The Independent Assessment Board which oversees the local government excellence programme CouncilMARK™ has released today the reports of council assessments and ratings for Environment Canterbury and Upper Hutt City Council.

Source A LGNZ release

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Tuesday, 28 August 2018 09:24

Ardern says no more than 2 fair pay agreements to be concluded this term

Prime Minister Jacinda Ardern wants to win over business leaders with a new working group headed by Air New Zealand chief executive Christopher Luxon and sought to ease fears over sector-level collective agreements, saying no more than two will completed . . . . >

Source/ReadMore Sharechat

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Tuesday, 28 August 2018 08:49

2018 a year of records for Christchurch Airport

Christchurch Airport reports a financial year 2018 (ending 30 June 2018) which saw passenger numbers reach a record 6.87 million (up from 6.57m). Long-haul passenger numbers lead the way with growth of 17% year on year, trans-Tasman passenger numbers grew 5% and domestic passenger numbers grew 4%.

Source A Christchurch Airport release

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Monday, 27 August 2018 17:21

KiwiRail pay hike favours lowest paid workers

KiwiRail Holdings will increase pay for 2,319 Rail and Maritime Transport Union members by the same amount, meaning the lowest paid get the biggest increase

Source/ReadMore Sharechat

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Monday, 27 August 2018 12:58

Victoria University of Wellington opens its doors to prospective students

Thousands of future university students will descend on Victoria University of Wellington this week for Open Day.

Source A Victoria University Release

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Monday, 27 August 2018 11:31

Concrete truck drivers strike in Auckland over hours, pay and the exploitation of fellow workers

Around 10 concrete truck drivers in Auckland are striking on Monday over long hours, low pay and the exploitation of their fellow migrant workers. The workers will also picket from 9am tomorrow (Monday 26th August) outside Allied Concrete Penrose Plant, 20 Leon Leicester Ave, Mount Wellington, Auckland 1060. Media are invited to attend. The action follows a strike and picket last Friday in Avondale.

Source A FirstUnion release

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Monday, 27 August 2018 11:29

Christchurch pallet workers living in dire straits as company continues to haul in big profits

50 Christchurch workers who restore pallets for the distribution of many of New Zealand’s well-known products will be striking tomorrow over minimal pay and large pay variations between company work sites.

Source A FirstUnion release

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Monday, 27 August 2018 11:09

Consultation on better renting laws welcomed by working people

Council of Trade Unions Secretary Sam Huggard welcomed the Government’s announcement today of a public consultation on renting laws.

Source A CTU release

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Monday, 27 August 2018 10:53

Bumper year for international visitor arrivals through Christchurch Airport

Christchurch Airport’s position as the South Island’s gateway has gone from strength to strength following a bumper year for visitor arrivals. Official statistics reveal Christchurch Airport’s arrivals growth over the past year was more than twice that of the national growth (8.5% CH v 3.9% NZ). Chief Aeronautical and Commercial Officer, Justin Watson, says the statistics are outstanding and reveal strong growth from all the key visitor markets of Australia (+7.8%), China (+25.0%), Europe (+7.7%) and the United States (+11.8%). “The growth reinforces the collective work we have been doing with the South Island tourism industry and our airline partners…

Source A Christchurch Airport release

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Monday, 27 August 2018 10:51

Booster partnership invests $10m in Victoria University of Wellington start-ups

A “game-changing” new partnership between Victoria University of Wellington’s commercialisation arm, Viclink, and New Zealand financial services company Booster will see Booster invest at least $10 million in businesses spun out of the University’s world-leading research.

Source A Victoria University Release

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Monday, 27 August 2018 09:23

Signalling a return to EBITDA growth

Chorus full year result for FY18Strategic initiatives see EBITDA above guidance

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Monday, 27 August 2018 09:11

Z Energy invests $46M for control of Flick Electric

Z Energy has agreed to acquire a 70 percent stake in spot-based electricity retailer Flick Energy as part of its strategic investment in alternative fuels and mobility . . . . . .

Source/ReadMore Sharechat

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Monday, 27 August 2018 09:08

Report reveals migrant housing, pay woes

Low pay and poor housing have emerged as critical issues in a report commissioned by E tū on the experiences of migrant workers.

Source A E tū release

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press releases

Friday, 24 August 2018 09:35

NZ stepping into exciting unchartered Wellbeing Budget era

The days of mainly fiscal-only Budgets are over. New Zealand is entering into an exciting era embracing new measures of success, leading New Zealand economic research agency BERL says.

Source A MakeLemonade release

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Thursday, 23 August 2018 12:58

Refinery to appeal dredging consents, eyes hydrogen long-term

The New Zealand Refining Company intends to appeal aspects of the consents it has been granted for dredging the mouth of the Whangarei harbour

Source/ReadMore Sharechat

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Thursday, 23 August 2018 09:49

FY18 Annual Results: Building momentum in a new era of development

Auckland Airport today announced its financial results for the 12 months ended 30 June 2018.

Source Auckland Airport release

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Thursday, 23 August 2018 09:41

Sharesies co-founder speaking at Napier Business Breakfast series

The Sharesies team took a radical idea in the share trading space and created a business that has attracted 20,000 investors in just over a year.

Source Napier City Council release

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Thursday, 23 August 2018 09:01

Second highest profit in Air New Zealand’s history enables reinvestment in customer experience and staff bonuses

Air New Zealand today announced earnings before taxation for the 2018 financial year of $540 million, an increase from the prior year result of $527 million, representing the second highest profit in the airline’s history.

Source A Air New Zealand release

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Thursday, 23 August 2018 08:05

PAs crucial to successful businesses and organisations

A New Zealand business leader has come in to bat for many unsung personal assistants (PAs), just weeks out from the annual New Zealand Office and PA Show.

Source A MakeLemonade release

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Thursday, 23 August 2018 07:37

Action Manufacturing acquires Fairfax Industries

New Zealand’s primary supplier of motorhomes and custom commercial vehicles, Action Manufacturing, which is part of the Tourism Holdings (THL) group of companies, has announced the acquisition of refrigerated truck body and trailer manufacturer Fairfax Industries. Spread across two manufacturing sites in Auckland and Hamilton, Action Manufacturing employs over 200 people has been named the largest vehicle manufacturer in New Zealand. The company is a primary supplier of motorhomes to the New Zealand market as well as specialist vehicles for the medical, emergency, tourism and transport sectors. Fairfax Industries is a leader in the manufacture of refrigerated truck body and…

Source/ReadMore A Victoria University release

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Wednesday, 22 August 2018 14:42

OMV weighs Manaia drilling options

OMV says it will know later this year whether to proceed with further appraisal drilling in the Manaia structure south-west of the Maari oil field

Source/ReadMore Sharechat

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Wednesday, 22 August 2018 10:34

Cavalier turns to profit in 2018, sees continuing improvements in future years

Carpet-maker Cavalier Corp turned to an annual profit and improved its debt and cash balances as it benefits from the previous year's restructuring

Source/ReadMore Sharechat

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Wednesday, 22 August 2018 10:07

A2 Milk doubles profit in 2018 on strong formula sales

A2 Milk Co more than doubled its 2018 profit as it lifted its margins on increased infant formula sales.

Source/ReadMore Sharechat

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Wednesday, 22 August 2018 10:03

Job advertisements continue to rise in July 2018

The number of online job advertisements rose by 0.6 per cent in the month of July 2018 and 7.1 per cent over the year, according to the latest Ministry of Business, Innovation and Employment (MBIE) Jobs Online monthly data release.

Source A Beehive release

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Wednesday, 22 August 2018 09:47

Comvita hones focus on biggest growth drivers as it seeks to bolster profits

Comvita, New Zealand’s largest producer and marketer of honey and bee-related products, is reducing its risk and positioning itself for future growth by honing in on where it can get the most bang for its buck

Source/ReadMore Sharechat

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Tuesday, 21 August 2018 09:46

SeaDragon asks shareholders to pay 10% premium in capital raising

SeaDragon is calling on its shareholders to pay a 10 percent premium to participate in a $14.9 million pro-rata renounceable offer to help struggling fish oil manufacturer remain afloat

Source/ReadMore Sharechat

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Tuesday, 21 August 2018 07:50

New Zealand Coworking Association Established

A collection of coworking space owners and managers have formed ‘Coworking Aotearoa Association’ to promote, advocate and support coworking in New Zealand.

Source A New Zealand Coworkers association release

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Monday, 20 August 2018 20:47

Anaplan names first Kiwi channel partner

Anaplan has on-boarded its first New Zealand channel partner with Mindfull, a business solutions provider with more than 250 local and international clients.

Source A ChannelLive release

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Monday, 20 August 2018 10:22

Expertise of clinicians needs to be valued in health sector

The Council of Trade Unions Secretary Sam Huggard said today that unions were supporting a public health system that listened to and valued the advice of clinicians, in response to the Association of Salaried Medical Specialist’s concerns about our pathology services.

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Monday, 20 August 2018 08:28

Tourism Holdings takes out Supreme Award at the 2018 AmCham - DHL Express Success & Innovation Awards for companies doing business with the USA

The 19th annual AmCham DHL Express Success & Innovation Awards were held at the Pullman Auckland Hotel last night, with Tourism Holdings winning the Supreme Award for doing business with the United States.

Source An American Chamber of Commerce release

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Monday, 20 August 2018 08:08

Tonkin + Taylor develops logistics website

Tonkin + Taylor develops logistics website - In recent years, tropical cyclones, earthquakes and tsunamis have cut a swathe of destruction across the Pacific. Many millions of dollars and tens of thousands of humanitarian aid worker hours have been devoted to recovery efforts.

Source A tonkin+Taylor release

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Monday, 20 August 2018 07:52

Infrastructure NZ delegation to China

HE Ms Wu Xi, China’s Ambassador to New Zealand, today announced that Infrastructure New Zealand will be leading a senior delegation to China, Hong Kong and Singapore in March 2019.

Source Infrastructure New Zealand release

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Monday, 20 August 2018 07:27

Measuring wellbeing – not just GDP - why and how?

One of New Zealand’s most established economic research agencies, BERL, will explore the Government’s intention for a Wellbeing Budget next year at its inaugural annual wānanga in Wellington on August 23.

Source A MakeLemonade release

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Saturday, 18 August 2018 14:34

Infrastructure agency significant step forward

EMA is pleased its long time call for a comprehensive solution to how New Zealand invests in and delivers vital infrastructure projects has made a significant step forward today. Infrastructure Minister, Shane Jones, announced at Infrastructure New Zealand’s Building Nations Symposium a new entity will be established to provide expert advice, planning and strategy to support the delivery of major infrastructure projects across the country. "This has been a long time coming. We commend the Minister for taking the step to effectively create an agency which will have the mandate to pull together the long-term pipeline of our infrastructure needs,"…

Source A EMA release

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Friday, 17 August 2018 11:42

Crude oil pumps up fuel prices

Higher fuel prices contributed to rises in producer output prices (up 0.9 percent) and input prices (up 1.0 percent) in the June 2018 quarter, Stats NZ said today.

Source/ReadMore StatsNZ

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Friday, 17 August 2018 09:01

NZ dollar fails to break above 66 US cts as US-China trade tensions appear to ease

The New Zealand dollar failed to break above 66 US cents as fears over trade tensions between China and the US were allayed by the prospect of talks later this month

Source/ReadMore Sharechat

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Thursday, 16 August 2018 14:35

Cooks Global Foods to buy Mojo for $19M, chase North American growth

Cooks Global Foods will buy Mojo Coffee Cartel for $19 million and support the well-known Wellington chain's US expansion plans

Source/ReadMore Sharechat

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Thursday, 16 August 2018 14:23

Ministry of Awesome and Ara to create awesome new hub

Establishing an ecosystem that will nurture dynamic start-ups, entrepreneurs, and innovators is critical for Christchurch, and Canterbury to strengthen its standing as a region of opportunity.

Source ARA release

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Thursday, 16 August 2018 14:21

Downer's NZ revenue jumps 59% as Hawkins makes full contribution

Sales at Downer EDI's New Zealand division rose 59 percent, benefitting from last year's purchase of parts of the Hawkins Group

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Thursday, 16 August 2018 14:13

Skellerup lifts annual profit 23% to a record; shares hit new high

Skellerup Holdings, the rubber goods manufacturer best known throughout rural New Zealand for its iconic 'red band' gumboot, lifted annual profit to a record as both its industrial and agri divisions boosted earnings. The shares hit a new high

Source/ReadMore Sharechat

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Wednesday, 15 August 2018 16:54

Wage growth still moderate, better rules needed to catch Kiwis up

"Wage growth was still slow over the last year, and though for some it picked up a little from the year before, it is uneven," says CTU Economist Bill Rosenberg commenting on the Labour Markets (Income) statistics released by Statistics New Zealand this morning. Average hourly wages grew 3.1% in the year to June, more than the 2.3% growth last year, while the median (middle) hourly wage grew only 2.9%, which is less than the 3.4% growth last year. "While this period includes a strong increase in the minimum wage on 1 April and the care and support pay equity…

Source A CTU release

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Wednesday, 15 August 2018 16:45

Supreme Court says false Feltex IPO forecast warrants second trial

The Supreme Court has cleared the way for former Feltex shareholders to pursue the directors of the failed carpet maker over whether a false forecast in the prospectus left them out of pocket

Source/ReadMore Sharechat

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Wednesday, 15 August 2018 16:43

Average gender pay imbalance increasing, pay equity settlements need speeding up

Council of Trade Unions Acting President Rachel Mackintosh said that updated figures out today from Statistics New Zealand show that women are still not being paid their worth and employers are not complying with current equal pay law.

Source A CTU release

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Wednesday, 15 August 2018 16:40

Vanke Buys Swire Cold Chain Logistics Unit for RMB 2B

Top three mainland developer China Vanke had a busy month in July, spending more than RMB 25.4 billion to add 33 new real estate projects around the country as it pushed to expand its land bank via project acquisitions in Shanghai, Dongguan, Hangzhou and other locations. Along with the developer’s purchase of land for residential, office and retail development, however, Vanke also expanded its logistics holdings in China by purchasing Swire Cold Chain Logistics from Hong Kong-listed Swire Pacific for just less than RMB 2 billion ($291 million). With the RMB 1.998 billion acquisition of Swire’s set of refrigerated shipping…

Source/ReadMore A Mingtiandi Release

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Wednesday, 15 August 2018 16:37

Fairfax slashes value of NZ business as Nine merger looms

Fairfax Media Group more than halved the value of its Kiwi assets, attaching just A$40 million to mastheads that were once the core of a billion dollar investment

Source/ReadMore Sharechat

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Wednesday, 15 August 2018 07:58

Fonterra announces interim CEO

Fonterra Co-operative Group (FCG) has announced that Miles Hurrell will take over as the Co-operative’s interim Chief Executive with immediate effect.

Source A Fonterra Release

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Tuesday, 14 August 2018 16:08

NZ Steel undercut by dumped Malaysian product, Chinese imports still okay: MBIE

BlueScope Steel-owned NZ Steel is being undercut by Malaysian products dumped in the local market, says the Ministry of Business, Innovation and Employment.

Source/ReadMore A BusinessDesk release

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Tuesday, 14 August 2018 11:52

Sold out Infrastructure NZ Building Nations Symposium kicks off Thursday

The country’s largest infrastructure conference, the annual Infrastructure New Zealand Building Nations Symposium, gets underway Thursday 16 August at the ANZ Viaduct Events Centre in Auckland.

Source Infrastructure New Zealand release

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Tuesday, 14 August 2018 11:44

Strike at Pacific Steel

Members at BlueScope Pacific Steel in Auckland will strike for 24 hours on Wednesday, 15 August.

Source A E tū release

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Tuesday, 14 August 2018 07:35

Revenue, profit up for Freightways; acquisitions still on the agenda

Annual revenue and profit are up for transport company Freightways, which remains on the acquisition and expansion trail having bought four small Australian companies for $9.8million reports Simon Hartley in the ODT.

Source/ReadMore A ODT release

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Monday, 13 August 2018 16:09

Scales sells bulk liquid storage unit to SBT Group for $20M

Scales Corp will sell its bulk liquid storage unit to Taranaki's SBT Group for $20 million as the agriculture group builds up a war chest to seek out new acquisitions.

Source A BusinessDesk release

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Monday, 13 August 2018 13:12

NZ steel operations deliver strongest earnings lift for Aussie multi-national BlueScope

BlueScope Steel's two Kiwi businesses, New Zealand Steel and Pacific Steel, delivered an 84 percent lift in underlying earnings in the year to June 30, outstripping strong gains across the rest of the multi-national Sydney-based business and delivering th

Source/ReadMore Sharechat

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Monday, 13 August 2018 09:47

Fletcher starts sale process for Formica, private equity firms likely bidders, report says

The sales process for Fletcher Building's Formica unit is about to get underway, and is most likely to attract the interest of private equity buyers, the Australian newspaper reported

Source/ReadMore Sharechat

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Monday, 13 August 2018 08:34

New Fletcher Building leader must set the tone

OPINION: The character of an organisation will usually reflect the character of the person or people leading it. Fletcher Building is no exception writes Bruce Cotterill for Stuff.

Source/ReadMore A Stuff release

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Friday, 10 August 2018 14:18

Chamber Welcomes Small Business Council Announcement

The Canterbury Employers’ Chamber of Commerce welcomes the announcement today by Minister for Small Business Hon Stuart Nash of the appointment of the Small Business Council, says CEO Leeann Watson.

Source A Canterbury Chamber of Commerce release

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Friday, 10 August 2018 12:28

Fonterra announcement disappointing, definitive plan of action required

Duncan Coull, Chairman of the Fonterra Shareholders’ Council, has expressed his absolute disappointment with today’s Board decision to reduce the 2017/18 forecast Farmgate Milk Price by five cents to $6.70 per kg/MS in order to support the balance sheet, and the decision to retain more of the Co-op’s earnings which will likely see no further dividend payment to Shareholders over the 10 cents distributed earlier in the year.

Source A Fonterra shareholders Council Release

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Friday, 10 August 2018 12:15