Article – BusinessDesk
April 24 (BusinessDesk) – An in-depth survey of senior leaders in the Christchurch rebuild indicates growing impatience and serious weaknesses in the way major projects are being procured and managed. Read more »
Article – BusinessDesk
By Suze Metherell Read more »
Article – BusinessDesk
By Suze Metherell
April 23 (BusinessDesk) – New Zealand migration rose to an 11-year high in March, the second-highest gain on record, as fewer kiwis left for Australia. Read more »
Article – BusinessDesk
By Paul McBeth
Apr. 23 (BusinessDesk) – Millennium & Copthorne Hotels New Zealand, which operates 22 hotels across the country, is mulling a capital return if the float of Chinese investment First Sponsor Group goes ahead. Read more »
Article – BusinessDesk
April 22 (BusinessDesk) – Shares in Warehouse Group, New Zealand’s largest publicly listed retailer, rose to a six-week high after the stock was upgraded to ‘buy’ at brokerage Craigs Investment Partners. Read more »
Article – BusinessDesk
By Suze Metherell
May 22 (BusinessDesk) – The proposed codeshare between Air New Zealand and Singapore Airlines has been given the all clear from Competition Commission Singapore, meaning the accord is now subject only to sign-off from New Zealand’s transport minister. Read more »
Article – BusinessDesk
By Paul McBeth
April 17 (BusinessDesk) – The New Zealand dollar is heading for a 0.8 percent fall in a shortened week ahead of the Reserve Bank’s rate review next Thursday. Read more »
Article – BusinessDesk
April 17 (BusinessDesk) – Air New Zealand says claims against it as part of a class action lawsuit in Australia over alleged price fixing on freight have been withdrawn and the airline won’t be contributing to an A$38 million settlement by other airlines. Read more »
Article – BusinessDesk
By Pattrick Smellie
April 17 (BusinessDesk) – The Labour Party has unveiled its pitch to the manufacturing sector, adding accelerated depreciation for advanced manufacturing and promising to target more government procurement from local firms. Read more »
Article – BusinessDesk
By Paul McBeth
April 16 (BusinessDesk) – The New Zealand dollar dropped to a nine-day low after slower than expected inflation raised questions over the track of rising local interest rates. Read more »
Article – BusinessDesk
By Paul McBeth
April 16 (BusinessDesk) – The New Zealand government and Christchurch City Council want to add a net 700 social housing units in the country’s second-largest city in two-and-a-half years and a bigger supply of affordable houses as part of a formal housing accord. Read more »
Article – BusinessDesk
By Suze Metherell
April 16 (BusinessDesk) – Fu Wah International Group, chaired by Chan Laiwa who is one of China’s richest women, has agreed to build a new Auckland waterfront hotel worth $200 million in partnership with Waterfront Auckland, a council body. Read more »
Article – BusinessDesk
By Paul McBeth
April 16 (BusinessDesk) – New Zealand consumer prices rose less than expected in the first quarter as a hike in tobacco taxes and more expensive housing were offset by cheaper international holidays and in-season vegetables. The kiwi dollar dropped on the data. Read more »
Article – BusinessDesk
April 16 (BusinessDesk) – BlueScope Steel, Australia’s largest steelmaker and owner of the New Zealand Steel mill, has gained antitrust approval to acquire the assets of Fletcher Building’s Pacific Steel in a $120 million deal. Read more »
Article – BusinessDesk
April 16 (BusinessDesk) – Turners & Growers, the fruit marketer controlled by Germany’s BayWa, has agreed to buy Hawke’s Bay-based Apollo Apples for as much as $44.1 million as it looks to meet growing global demand. Read more »
Article – BusinessDesk
By Paul McBeth
April 15 (BusinessDesk) – The New Zealand dollar fell ahead of a speech by Federal Reserve chair Janet Yellen as investors look for insight into the US central bank’s view on interest rates and await tomorrow’s release of local inflation figures. Read more »
Article – BusinessDesk
April 15 (BusinessDesk) – Telecom Corp, the country’s biggest telecommunications company, has trimmed the size of a banking facility, while pushing out its maturity date until 2017. Read more »
Article – BusinessDesk
By Pattrick Smellie
April 15 (BusinessDesk) – This year’s Budget will forecast wage increases through to 2018 amounting to a $10,500 a year increase Read more »
Article – BusinessDesk
April 15 (BusinessDesk) – Nufarm, the agricultural chemicals manufacturer, will close its New Zealand manufacturing plant in Auckland and shift regional production to a plant at Laverton, in the Australian state of Victoria. Read more »
Article – BusinessDesk
By Suze Metherell
April 14 (BusinessDesk) – Hellaby Holdings, whose interests range from footwear to oil and gas services, expects to add $20 million to annual revenue after buying New Zealand Trucks South Island and Dasko Marketing NZ. Read more »
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