Archive for the 'Business' Category

White v James Hardie: Security for costs

Press Release – New Zealand High Court

CIV-2015-404-2981 (WHITE)
[2019] NZHC 188 Read more »

Commerce Commission v Viagogo: Injunction denied

Press Release – New Zealand High Court

CIV-2018-404-002659 Read more »

Salvation Army Launches First Ethical Shopping Truck

Press Release – Salvation Army

A new initiative from The Salvation Army aims to reform the damaging effects of problem debt and fringe lending in low socio-economic areas across New Zealand by providing an ethical shopping alternative. Read more »

A new Good Shop and a big boost for BNZ’s Community Finance

Press Release – Bank of New Zealand

Bank of New Zealand (BNZ) announced today that it is joining forces with The Salvation Army and other great kiwi companies and organisations to help bring The Good Shop to the streets of South Auckland, in a bid to tackle predatory lending. Read more »

Augusta launches next stage of industrial fund

Press Release – Bayleys

Media Release

February 19, 2019

The second stage of an industrial fund established and managed by Augusta Funds Management has opened for investment which will enable a further five properties to be added to its portfolio – taking the fund’s total value to close to $300 million. Read more »

Christchurch man celebrates $5.5 million Powerball win

Press Release – Lotto New Zealand

Media Release 19 February 2019

Christchurch man celebrates $5.5 million Powerball win

A Christchurch man couldn’t stop smiling after discovering that he had won $5.5 million with Powerball First Division on Saturday. Read more »

Tower affirms earnings guidance

Article – BusinessDesk

Tower affirms earnings guidance, notes increased digital upgrade cost

By Paul McBeth

Feb. 19 (BusinessDesk) – Tower has affirmed its annual earnings guidance, with gains in gross written premium and a lower claims ratio offset by a bigger bill for an extended and more staggered roll-out of its new digital platform. Read more »

Precinct raising $150M from an underwritten placement

Article – BusinessDesk

Precinct raising $150M from an underwritten placement and retail offer
By Jenny Ruth

Feb. 19 (BusinessDesk) – Precinct Properties New Zealand is raising $150 million with only $20 million available to retail shareholders and has paid for underwriting of both it and the $130 million placement to institutional investors. Read more »

Commission urges consumer caution following Viagogo decision

Press Release – Commerce Commission

20 February 2019
The Commerce Commission is urging event ticket buyers to take particular care, following the High Court’s decision to dismiss an application for an interim injunction against online ticket seller Viagogo. Read more »

Huntly takes out significant awards

Press Release – Century 21 Real Estate

Media release

Century 21 New Zealand

Tuesday, 19 February 2019
The North Waikato town of Huntly has featured prominently in Century 21 New Zealand’s fourth quarter and annual awards for 2018, celebrated at the real estate company’s Gala Dinner in Auckland at the weekend. Read more »

Cost of a bad hire

Press Release – Robert Half

Cost of a bad hire: Majority of New Zealand hiring managers admit to hiring the wrong candidate

• 98% of New Zealand hiring managers have hired an employee that did not meet expectations, primarily because of a mismatch of skills (49%), the candidate not keeping commitments (37%) or underqualified candidates (35%). Read more »

Multi-million makeover for airport hotel

Press Release – Jetpark Hotel

Monday February 18, 2019

A multi-million dollar top-to-toe makeover of the Hamilton Airport Hotel will deliver a destination restaurant plus 4-star conference and accommodation facilities for the region. Read more »

No need to be concerned about payday filing

Press Release – FlexiTime

The countdown to payday filing is on and Wellington payroll software provider FlexiTime wants employers to know that they don’t need to be concerned about the change. Read more »

Time for new thinking in local government funding

Press Release – Tourism Industry Aotearoa

Improvements in long-term planning and council management are required to support local government funding models so regions can take best advantage of tourism growth opportunities, says Tourism Industry Aotearoa. Read more »

Liberty International Tourism Group hits the Pacific

Press Release – Liberty International

18 February 2019
The world’s largest independent destination management company has announced its launch into the Pacific today, fittingly on the first day of AIME 2019. Read more »

UPDATE: Port of Tauranga earnings boosted

Article – BusinessDesk

UPDATE: Port of Tauranga earnings boosted by Auckland congestion
(Updates with additional comment throughout.)

By Gavin Evans Read more »

Prominent fashion designer’s wellness retreat up for sale

Press Release – Bayleys

The land and buildings previously operating as a health and wellness retreat in the Waikato township of Te Aroha have been placed on the market for sale.

Read more »

Century 21 announces 2018 winners

Press Release – Century 21 Real Estate

Century 21 New Zealand

Monday, 18 February 2019

Century 21 New Zealand has announced its real estate winners for 2018 and it was a big night for a small Central North Island town at the Annual Awards Gala Dinner in Auckland on Saturday. Read more »

Symantec’s Email Security Solution

Press Release – Symantec

Symantec Delivers Automated Solution to Help Stop Business Email Compromise Attacks

Email Fraud Protection now available as part of Symantec’s Email Security Solution and Integrated Cyber Defense Platform Read more »

New NZ dry dock a basis for new industry – KiwiRail

Article – BusinessDesk

New NZ dry dock a basis for new industry – KiwiRail

By Gavin Evans

Feb. 15 (BusinessDesk) – A dry dock to handle the country’s biggest vessels is affordable and can form the basis of a new marine servicing industry, KiwiRail chair Greg Miller says. Read more »

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