Archive for the 'Business' Category

Moa approaching break-even in second-half

Article – BusinessDesk

By Gavin Evans

Nov. 13 (BusinessDesk) – Brewer Moa Group is expecting to be close to break-even in the six months through March on the back of strong recent sales growth and a seasonal lift in volumes during the summer. Read more »

Dame Silvia Cartwright to lead EQC inquiry

Article – BusinessDesk

By Jenny Ruth

Nov. 13 (BusinessDesk) – Dame Silvia Cartwright has been appointed to lead the public inquiry into the Earthquake Commission. Read more »

Govt pioneers new infrastructure funding model

Article – BusinessDesk

Infrastructure for a major suburban development on Auckland’s Hibiscus Coast will be the first to gain funding from a special purpose vehicle using long-term debt raised by the government’s Crown Infrastructure Partners and designed to lower the up-front cost of new housing for home buyers. Read more »

New infrastructure financing scheme a major step forward

Press Release – Infrastructure NZ

13 November 2018
“The announcement today of a pilot scheme to bring forward infrastructure for housing is a significant milestone and establishes a new direction for growing New Zealand’s cities,” says Stephen Selwood CEO of Infrastructure New Zealand. Read more »

Shared financial risk will get more homes built faster

Press Release – EMA

The innovative funding that will enable the construction of up to 9,000 new homes at Wainui just north of Auckland, is an example of new models that need to be more widely used to fund critical infrastructure, says the Employers and Manufacturers Association (EMA). Read more »

Industrial action escalates at Court

Press Release – PSA

Ongoing industrial action by PSA members at the Ministry of Justice has escalated again with Court Registry Officers at Auckland District Court and Manukau District Court now undertaking a ban on serving, checking and signing sentencing documents. Read more »

New Zealand site Dinosaurnews about to become extinct

Press Release – Dinosaurnews

One of New Zealand’s longest running news web sites is to cease publication after almost a quarter century.

Dinosaurnews goes ‘extinct’ at the end of November, 2018 after twenty one years online. Read more »

Community input key to New Zealand Pacific Economy report

Press Release – The Treasury

A new Treasury report on the contribution of Pacific peoples to the New Zealand economy shows the good work emerging from the Treasury’s consultation with Pacific communities, says Secretary to the Treasury Gabriel Makhlouf. Read more »

Air New Zealand adds more flights Auckland-Gold Coast

Press Release – Air New Zealand

Air New Zealand is using its brand new A321neo (new engine option) aircraft to increase the number of seats available on its Auckland-Gold Coast route by almost 60 percent. Read more »

UPDATE: CBL Insurance placed in liquidation

Article – BusinessDesk

UPDATE: CBL Insurance placed in liquidation
(updates with comment from the Reserve Bank beginning in paragraph five)

By Rebecca Howard Read more »

Unrepentent Stiassny lashes out at final Vector AGM

Article – BusinessDesk

Unrepentent Stiassny lashes out at final Vector AGM
By Nikki Mandow

Nov. 12 (BusinessDesk) – Outgoing Vector chairman Michael Stiassny has delivered a no-holds-barred speech at his last AGM with the electricity lines company, including accusing Vector’s majority shareholder of a personal vendetta against him and anyone associated with him. Read more »

CBL Insurance placed in liquidation

Article – BusinessDesk

CBL Insurance placed in liquidation
By Rebecca Howard

Nov. 12 (BusinessDesk) – CBL Insurance, a subsidiary of CBL Corporation, was put into liquidation by the Auckland High Court despite the recommendation of the voluntary administrators. Read more »

Reserve Bank welcomes uncontested liquidation of CBL

Press Release – Reserve Bank

Reserve Bank welcomes uncontested liquidation of CBL Insurance

The Reserve Bank of New Zealand welcomes placement of CBL Insurance Ltd into liquidation, without the need for a contested hearing. Read more »

Employee Experience Awards Success

Press Release – Humankind

On Thursday 8 November, six organisations received the ultimate award taking out their category win at New Zealand’s first ever Employee Experience Awards, naming them as the most valuable places to be employed throughout New Zealand. Read more »

VIB Accelerates Therapeutic Biologics Discovery

Press Release – Geneious Biologics

VIB Accelerates Therapeutic Biologics Discovery with Geneious Biologics

AUCKLAND, NZ – November 12, 2018 – Geneious Biologics, an enterprise software solution for companies engaged in screening of antibodies and antibody-like molecules, has been chosen by the VIB (a Life Sciences Research Institute in Belgium) to support therapeutic biologics discovery at its Discovery Sciences group. Read more »

Auckland convention centre won’t be finished by Dec 2019

Article – BusinessDesk

Auckland convention centre won’t be finished by Dec 2019: SkyCity
By Gavin Evans

Nov. 12 (BusinessDesk) – SkyCity Entertainment Group expects further delays at its “challenging” New Zealand International Convention Centre project in Auckland but still has no date for its opening. Read more »

Cityhop Car Share Announces Strategic Partnership

Press Release – Cityhop

Cityhop Car Share Announces Strategic Partnership

• Cityhop is New Zealand’s largest and longest established car share operator with a fleet of more than 80 vehicles in Auckland and Wellington.
• Cityhop has entered Read more »

Staples Rodway New Zealand appoints new Chair

Press Release – Staples Rodway

Accounting, Audit and business advisory firm Staples Rodway is pleased to announce the appointment of David Searle as its new National Chair. Read more »

Housing New Zealand congratulates Urban Design Manager

Press Release – Housing New Zealand

12 November 2018

Housing New Zealand congratulates Urban Design Manager on national award


Read more »

Record annual guest nights surpass 40 million

Press Release – Statistics New Zealand

12 November 2018

Nights spent in short-term commercial accommodation set a new record in the year ended September 2018, surpassing 40 million guest nights for the first time, Stats NZ said today. Read more »

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