Archive for the 'Business' Category

Fisher & Paykel Healthcare tops $1 billion in FY revenue

Article – BusinessDesk

UPDATE: Fisher & Paykel Healthcare tops $1 billion in FY revenue, upbeat about FY2020
(Adds detail throughout from conference call, updates share price in 8th paragraph, fixes guidance in 9th paragraph) Read more »

Regulator needed to avoid risks in government AI use

Press Release – The New Zealand Law Foundation

27 May 2019
University of Otago
New Zealand Law Foundation

Guidelines and regulator needed to avoid risks in government AI use, study finds Read more »

Business concerns on wellbeing agenda lead to mixed messages

Press Release – Baker Tilly Staples Roadway

Business concerns about wellbeing agenda lead to mixed messages

63 per cent of business leaders think the government is managing the economy poorly (from 48 per cent last year) Read more »

Talent wins coveted NZ Hi-Tech award

Press Release – Talent

Press release

Talent wins coveted NZ Hi-Tech award

Auckland, 24 May 2019 – Talent has been named a winner in the NZ Hi-Tech awards, recognised for Best Contribution to the NZ Hi-Tech Sector by an Internationally Headquartered Company. Read more »

Fisher & Paykel Healthcare tops $1 billion in FY revenue

Article – BusinessDesk

Fisher & Paykel Healthcare tops $1 billion in FY revenue, upbeat about FY2020
By Rebecca Howard

May 27 (BusinessDesk) – Fisher & Paykel Healthcare topped $1 billion in revenue, reported a record full-year net profit and expects further gains in the current financial year as it puts litigation behind it and benefits from the lower New Zealand dollar. Read more »

Talent wins coveted NZ Hi-Tech award

Press Release – Talent International

Auckland, 24 May 2019 – Talent has been named a winner in the NZ Hi-Tech awards, recognised for Best Contribution to the NZ Hi-Tech Sector by an Internationally Headquartered Company. Read more »

Costs of various Auckland plumbing services

Press Release – Money Hub

MoneyHub publishes a guide of estimated costs of various Auckland plumbing services

To eliminate uncertainty for households when contemplating calling a plumber, MoneyHub has published an extensive guide to plumbing services in Auckland. Read more »

Will ditching the CGT have revived business spirits?

Article – BusinessDesk

By Jenny Ruth

May 27 (BusinessDesk) – Amid an action-packed week for business news, a key piece of information will arrive on Wednesday afternoon when ANZ Bank’s latest business confidence survey shows whether Prime Minister Jacinda Ardern’s decision to drop a planned capital gains tax has lifted business owners’ spirits. Read more »

Air NZ announces multi-billion investment in 787-10 Crafts

Press Release – Air New Zealand

Air New Zealand has today announced significant investment in its international network and customer experience with commitments to purchase eight Boeing 787-10 Dreamliner aircraft powered by GE Aviation’s GEnx-1B engines. Read more »

Weekly rent cracks $500 for the first time

Press Release – Trade Me Limited

New Zealand’s median weekly rent reached $500 for the first time in April after a 5.3 per cent annual increase and strong growth in the provinces, according to the latest Trade Me Rental Price Index. Read more »

Proposed Capital Gains Tax puts a dampener on housing

Press Release – ASB Bank

House price expectations fell across the country in the three months to April 2019, with Auckland house price expectations turning negative for the first time since 2009 Read more »

Māori innovation celebrated at New Zealand Hi-Tech Awards

Press Release – Callaghan Innovation

Māori innovation celebrated at New Zealand Hi-Tech Awards:
Robotics Plus tech solving global labour constraints for growers
– Embargoed until Friday 24 May at 11pm –
Read more »

2019 Hi-Tech Awards winners announced

Press Release – NZ Hi-Tech Awards

2019 Hi-Tech Awards winners announced
Record number attend gala dinner
Highlights:
· Pushpay named Hi-Tech Company of the Year
· Greg Cross inducted into the NZ Hi-Tech Hall of Fame
· PredictHQ takes out three awards
· Robotics Plus wins two awards Read more »

Reaction to Budget relaxation shows balance ‘about right’

Article – BusinessDesk

By Pattrick Smellie

May 24 (BusinessDesk) – The government’s decision to relax its Budget Responsibility Rules has attracted a balance of positive and negative criticism, suggesting it’s pitched about right, said Prime Minister Jacinda Ardern in a speech to an Auckland business audience ahead of Finance Minister Grant Robertson’s first “well-being Budget”, next Thursday. Read more »

Gentrack posts $8.7M loss on CA Plus write-down

Article – BusinessDesk

Gentrack posts $8.7M loss on CA Plus write-down
By Gavin Evans

May 24 (BusinessDesk) – Utilities software specialist Gentrack Group has reported an $8.7 million first-half loss after writing off the value of airport software developer CA Plus it acquired in 2017. Read more »

Westpac on RBNZ capital proposals

Article – BusinessDesk

Westpac says RBNZ capital proposals would add $6,000 p.a. to an Auckland mortgage
By Jenny Ruth

May 24 (BusinessDesk) – Westpac says the Reserve Bank’s bank capital proposals will mean homeowners with an average mortgage in Auckland will be paying about $6,000 a year more in interest. Read more »

Ryman hikes dividend as annual earnings grow

Article – BusinessDesk

Ryman hikes dividend as annual earnings grow on wider development margin
By Paul McBeth

May 24 (BusinessDesk) – Ryman Healthcare will pay a bigger return to shareholders after chalking up another record earnings result on wider development margins, despite slowing sales. Read more »

New roof for The Trusts Arena

Press Release – Trusts Arena

Work on The Trusts Arena roof will begin in late July and is expected to last for 12 months, but
shouldn’t cause any disruption to events or users of the Arena. Read more »

Auckland man claims $9.2 million Powerball prize

Press Release – Lotto New Zealand

An Auckland man’s working day has gone from ordinary to extraordinary after discovering he is now $9.2 million richer thanks to Powerball. Read more »

AIA’s new Vitality ambassadors: Ian Jones and Jess Quinn

Press Release – AIA

Rugby great Ian Jones and health and wellness advocate Jess Quinn to help New Zealanders live healthier, longer, better lives

AUCKLAND, 24 May 2019 Read more »

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