Apr 10 - New Zealand film production revenue increased 15 percent to $1.1 billion in 2017, Stats NZ said today. Auckland’s film sector led this growth in 2017; however, Wellington still remains the main player in film production.

“New Zealand’s largest city is becoming a filming destination,” business performance manager Laura O’Leary said. “Auckland’s film production revenue was estimated at $489 million in 2017 – increasing 37 percent from 2016. The number of businesses involved in the screen industry in Auckland grew 9 percent in 2017.”

While Wellington’s film production revenue decreased slightly from 2016, it is still the main player in film production, accounting for gross revenue of $631 million in 2017.

“In 2017, Wellington’s film production revenue was more than half (55 percent) of New Zealand’s total, while Auckland’s share rose to 43 percent,” Ms O’Leary said. “In 2017, Wellington-based production and post-production companies contributed to the making of Ghost in the Shell, Thor: Ragnarok, Blade Runner 2049, Justice League, and War for the Planet of the Apes, while Mortal Engines was shot in Wellington.”

Continue here to read the full StatsNZ report  |  April 10, 2018   |||

Apr 09 - New Zealand businesses remained pessimistic about the country's economic fortunes in the March quarter as negative sentiment following the change in government continued into the new year and as profitability remains weak

Apr 10 -  Another shakeup has hit Holden. The brand’s chief marketer, Mark Harland, suddenly left the company on Monday after just 16 months on the job.

Apr 10 -  Fonterra is teaming up with non-profit group TupuToa on a new internship programme for Māori and Pasifika graduates.

Apr 09 - Infratil-owned NZ Bus will displace four other operators after a successful bid for new contracts in Bay of Plenty worth an annual $14.8 million, having lost ground in its mainstay markets of Auckland and Wellington

Apr 09, 2018  -  Kiwi merino wool clothing maker Icebreaker Holdings was sold to US apparel giant VF Corp for $288 million in a competitive tender process, Overseas Investment Office documents show

Continue here to read the full release |  ||  April 09, 2018   |||

Apr 05, 2018  - ASX-listed autoparts maker Bapcor has exited the last of the leftover Hellaby Holdings assets it didn't want with the sale of industrial asset maintenance firm TBS Group for $35 million, reaping more from the divestments than flagged

Continue here to full release    |  ||  April 05, 2018   |||

Apr 05, 2018  - New Zealand carpet maker Cavalier Corp is emerging from a “tough” period after an influx of cheaper synthetics forced it to restructure its business to compete. It has now streamlined its operations and with most of the pain now behind it, is stepping up investment in innovation and marketing as it eyes rising consumer demand for natural woollen products.

Apr 05, 2018  -  The New Zealand dollar rose above 73 US cents for the first time in more than a week, and touched a three-week high, as a pickup in consumer confidence, a bigger-than-expected budget surplus and rising property values underlined the relative strength of

Apr 05, 2018  -  Icebreaker Holdings has been sold to US-based VF Corporation for at least $100 million after the Overseas Investment Office approved the deal.