Archive for the 'Business' Category

Air New Zealand cancels two regional routes

Article – BusinessDesk

Air New Zealand cancels two regional routes blaming low demand

By Edwin Mitson

May 30 (BusinessDesk) – Air New Zealand is to close two regional routes, Whanganui to Auckland and Blenheim to Christchurch, from the end of July. Read more »

Air New Zealand regional turbo-prop update

Press Release – Air New Zealand

30 May 2016

Air New Zealand regional turbo-prop update

In November 2014 Air New Zealand announced it would move to progressively retire its loss making 19 seat Beech aircraft fleet and move to operating the larger and more economically viable 50 seat Q300 aircraft in regional centres where demand was sufficient to support more sustainable regional services. Read more »

Air New Zealand makes adjustments to regional schedule

Press Release – Air New Zealand

30 May 2016

Air New Zealand makes adjustments to regional schedule

Read more »

Stride says ‘stapled structure’ protects PIE status

Article – BusinessDesk

Monday 30 May 2016 04:21 PM

UPDATE: Stride says ‘stapled structure’ protects PIE status while funds management grows Read more »

Major investor Devon slashes stake in Tower Insurance

Article – BusinessDesk

Major investor Devon slashes stake in Tower Insurance

By Edwin Mitson

May 30 (BusinessDesk) – A major investor in insurance business Tower has slashed its stake from just under 12 percent to just under 8 percent as the insurer’s share price slumped and it issued a poor first half update earlier this month. Read more »

Harcourts NZ on top of the world

Press Release – Harcourts

Harcourts NZ on top of the world

30 May 2016

New Zealand Harcourts is home to the top five Harcourts franchises in the world, four of the top five Harcourts offices globally, and nine of the top ten sales consultants. Read more »

NZ Hotel Conference – sold out!

Press Release – Tourism Industry Association

NZ Hotel Conference – sold out!
The 2016 New Zealand Hotel Industry Conference is sold out with almost 350 delegates signed up to attend the 2 Juneevent at The Langham, Auckland. Read more »

Good NZ directors too wary of joining SME boards

Article – BusinessDesk

Monday 30 May 2016 02:40 PM

Good NZ directors too wary of joining SME boards, FMA’s Everett says

By Paul McBeth

May 30 (BusinessDesk) – New Zealand’s small- and medium-sized businesses are struggling to attract high-quality directors to their boards, leaving a gap for firms just when they need an experienced hand on the tiller, Financial Markets Authority boss Rob Everett has warned. Read more »

Unlocking new transport network potential

Press Release – Coda Group

Coda adds rail to Savill Drive unlocking new transport network potential

Monday 30 May 2016

Coda adds rail to Savill Drive unlocking new transport network potential Read more »

NZ’s ultimate business event set to deliver millions

Press Release – Conventions and Incentives NZ

30 May 2016

New Zealand’s ultimate business event set to deliver millions

Conference and incentive business worth tens of millions of dollars will be contracted at New Zealand’s national business events trade expo MEETINGS next month in Auckland. Read more »

Blackstone takes minority stake in Partners Life

Article – BusinessDesk

Monday 30 May 2016 01:08 PM

US private equity firm Blackstone takes minority stake in Partners Life with $200 mln investment Read more »

Riverbed Helps Flight Centre Accelerate Applications

Press Release – Riverbed Technology

Riverbed Helps Flight Centre Accelerate Applications, Lifting Employee Productivity and Customer Service to New Heights Read more »

ANZ Organisations Waste NZ$61 billion Each Year

Press Release – Kronos


ANZ Organisations Waste NZ$61 billion Each Year on Unnecessary Admin Tasks

Kronos research reveals the financial loss of businesses failing to automate processes Read more »

Sealegs turns to full-year profit

Article – BusinessDesk

Monday 30 May 2016 11:41 AM

Sealegs turns to full-year profit, benefits from selling hulls and technology to overseas manufacturers Read more »

Stride Property Limited – FY16 Annual Results

Press Release – Stride Property

NZX Announcement
IMMEDIATE — 30 May 2016
Stride Property Limited – FY16 Annual Results

Stride Property Limited (Stride) has released its Annual Report and Annual Results presentation for the twelve months ended 31 March 2016. Read more »

Alexandra Park surpasses $220m in apartment sales

Press Release – Alexandra Park

Alexandra Park

Monday, 30 May 2016

Alexandra Park surpasses $220m in apartment sales

Alexandra Park has confirmed more than $220m in unconditional sales of its high-end apartments in just over one year – that’s an average of about $4m in apartment sales every week, blowing even the most optimistic expectations of the Auckland Trotting Club. Read more »

Stride lifts annual earnings 16% on expanded portfolio

Article – BusinessDesk

Monday 30 May 2016 09:54 AM

Stride lifts annual earnings 16% on expanded portfolio; looks to carve out management unit

By Paul McBeth Read more »

NZ Master Joiner Awards

Press Release – Master Joiner Awards

NZ Master Joiner Awards

The 2016 winning entries in the annual NZ Master Joiner Awards have been announced this evening at the NZ Master Joiner Awards Dinner at the Millennium Hotel in Queenstown. Read more »

Wynyard says it has nothing to disclose

Article – BusinessDesk

Friday 27 May 2016 03:49 PM

Wynyard says it has nothing to disclose after NZX queries 21% price slump

By Paul McBeth

May 27 (BusinessDesk) – Wynyard Group, whose chairman resigned this week for health reasons, says it has nothing to disclose after the stock market supervisor queried a 21 percent slump in the share price over the past fortnight. Read more »

Cameron Bailey tops Harcourts International awards

Press Release – Harcourts

Cameron Bailey tops Harcourts International awards

27 May, 2016

Christchurch’s Cameron Bailey is the top Harcourts sales consultant in the world.
Cameron, who is based at Harcourts Gold Realty Ltd’s Papanui office, was named the number one Harcourts consultant internationally at a ceremony following the 2016 Harcourts International Conference in Auckland earlier this week. Read more »

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