Archive for the 'Business' Category

Dodson Motorsport Set Sales Records at Las Vegas Trade Show

Press Release – Dodson Motorsport

Dodson Motorsport Finds Winners Circle at SEMA Trade Show in Las Vegas
Dodson Motorsport, world leaders in aftermarket dual clutch transmission components, set track and sales records at the 2017 SEMA trade show in Las Vegas. The company set a new world record for the fastest VW Golf MK7R, increased revenue 25 per cent, and expanded their product base with 20 new innovative transmission upgrades. Read more »

Accounting industry stands on the edge of a precipice

Press Release – Connect Outsourcing

The accounting industry stands on the edge of a precipice. Are you ready to jump?

“The magic of getting software and accounting working together is super important,” Xero CEO Rod Drury explains on the company blog. “A big part of why I love doing Xero is solving some of these accounting problems. Read more »

50 Year Reunion of Codelfa-Cogefar (NZ) Ltd

Press Release – Codelfa-Cogefar

11 December 2017

Italians and locals gather in Turangi for 50 Year Reunion of Codelfa-Cogefar (NZ) Ltd

More than 20 former workers of Codelfa-Cogefar (NZ) Ltd gathered from Italy, Australia, Samoa and around New Zealand to attend the Codelfa-Cogefar (NZ) Ltd Workers 50 Year Reunion in Turangi during 1-3 December, along with ex-colleagues, family and friends. Read more »

Microsoft NZ lifts FY profit 15% on consulting gains

Article – BusinessDesk

Microsoft NZ lifts FY profit 15% on consulting gains; Oracle NZ posts loss on impairment

By Paul McBeth

Dec. 11 (BusinessDesk) – Microsoft New Zealand lifted annual profit 15 percent as the local arm of the world’s biggest software developer boosted sales of its consulting services, while its smaller rival Oracle New Zealand sank into the red after booking an impairment charge. Read more »

NZ legal expert appointed to address Australian fraud case

Press Release – McKenzie Friend Professionals

New Zealand legal expert appointed to address Australian fraud case

Former senior lawyer and leading McKenzie Friend, Vinay Deobhakta from Auckland has been accepted as a McKenzie Friend by the NSW Supreme Court In the litigation involving Australia’s biggest ever “ponzi “scheme”. Read more »

Westfield Announces Extended Christmas Trading Hours

Press Release – Westfield Group

11 Dec 2017

Open for Longer: Westfield Announces Extended Christmas Trading Hours Across NZ Centres Read more »

Rubicon plans to sell Clearwood stake for $15.3M

Article – BusinessDesk

Rubicon plans to sell Clearwood stake for $15.3M to focus on ArborGen business

By Tina Morrison

Dec. 11 (BusinessDesk) – Rubicon, the NZX-listed forestry biotech company, has agreed to sell its remaining holding in its Clearwood manufacturing business for about $15.3 million, to focus on its ArborGen forestry genetics business. Read more »

Augusta Capital buys Wellington property for new Fund

Article – BusinessDesk

Augusta Capital buys Wellington property for new Industrial Fund, due to launch early next year

By Rebecca Howard

Dec. 11 (BusinessDesk) – Augusta Capital has unconditionally purchased a Wellington industrial property as a seed asset for a new industrial fund that is expected to initially raise between $50 million and $70 million of equity when it launches early next year. Read more »

‘False alarm’ triggered temporary pipeline shutdown

Article – BusinessDesk

NZ Refining says ‘false alarm’ triggered yesterday’s temporary pipeline shutdown

By Paul McBeth

Dec. 11 (BusinessDesk) – New Zealand Refining says yesterday’s outage on the refinery-to-Auckland pipeline was caused by a “false alarm” and that it’s back up and running. Read more »

45 Kiwi Companies Named on Asia Pacific Technology Index

Press Release – Deloitte

Forty-Five Kiwi Companies Named on 2017 Deloitte Asia Pacific Technology Fast 500 Index
Chinese live streaming platform Wuhan Douyu takes the top spot Read more »

Pacific Property Raises $24.480M & Settles Shopping Centre

Press Release – Pacific Property Fund Limited

Pacific Property Raises $24.480M & Settles Kelston Shopping Centre
Manager PMG appoints centre manager and head of asset management Read more »

Robertson reiterates policy plans ahead of HYEF

Article – BusinessDesk

Robertson reiterates policy plans ahead of HYEFU, says 100-day plan costed by Treasury

By Jonathan Underhill

Dec. 11 (BusinessDesk) – Finance Minister Grant Robertson has reiterated the coalition government’s budget priorities, saying the base projections in the Treasury’s half-year update cover its ‘100-day-plan’ including a families package and NZ Super Fund contributions. Read more »

Pauanui Tourism Resort with Golf Course For Sale

Press Release – Bayleys Realty Group

Tourism Resort Development with Landscaped Golf Course Teed-up for Sale

A substantial block of land zoned for the creation of a high-end resort hotel or retirement village – complete with one of New Zealand’s foremost landscaped golf courses – has been placed on the market for sale. Read more »

East Day & Spring Spas Cement Leading Global Position

Press Release – East Day Spa

New Zealand’s Pioneering Luxury Spa East Day Spa And Its Hip Social Sister Spring Has Cemented Its Leading Global Position at the World Spa Awards.
Headed by Auckland entrepreneur Ina Bajaj, Spring Spa in Bali’s trendy Seminyak Village claimed the coveted award of Asia’s Best Day Spa 2017 for the second consecutive year. Read more »

Air NZ Charters Two Aircraft To Maintain Summer Schedule

Press Release – Air New Zealand

Air New Zealand Charters Two Aircraft To Maintain International Summer Schedule
Air New Zealand has leased two aircraft to help maintain its timetable during the unscheduled maintenance of some Rolls-Royce engines on its 787-9 fleet. Read more »

Customers not feeling the Christmas spirit

Press Release – Customer Radar

Monday 11th December

Customers not feeling the Christmas spirit

A Customer Radar study released today found shoppers are more likely to be disgruntled in the lead up to Christmas, with customer satisfaction scores falling from mid-November, and dropping sharply to a year-low in mid-December. Read more »

Warehousing And Industrial Units For Lease in Hobsonville

Press Release – Bayleys

New-Build Warehousing And Industrial Units Come up for Lease in Hobsonville
Three new tilt-slab commercial and light industrial-use units within a six unit ‘boutique’ complex in North-West Auckland have been placed on the market for lease. Read more »

Pre-Christmas Spending Heating up

Press Release – Paymark

Pre-Christmas Spending Heating up
Three patterns stand out from pre-Christmas spending to date: there have been some exceptionally busy days; overall spending growth is higher than in earlier months of the year but Auckland is lagging behind the rest. Read more »

Refining NZ – Pipeline reopens

Press Release – Refining NZ

This morning at 5.15am we shut the Refinery to Auckland pipeline as a precautionary measure after our monitoring system alarmed. Read more »

Refining NZ on pipeline alarm

Press Release – Refining NZ

This morning at 5.15am we shut the Refinery to Auckland pipeline as a precautionary measure after our monitoring system alarmed. Read more »

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