Archive for the 'Business' Category

Partial listing for Napier Port mooted

Article – BusinessDesk

Partial listing for Napier Port mooted as way to fund wharf expansion

By Paul McBeth

Dec. 13 (BusinessDesk) – Partially listing Napier Port is among the options on the table for Hawke’s Bay Regional Council as it considers how it’s going to pay for a $125 million expansion of the transport hub’s wharf. Read more »

Spark Appoints Pip Greenwood as Director to the Board

Press Release – Spark NZ

Spark New Zealand Appoints Pip Greenwood as Director to the Board

The Spark New Zealand Board announced today it has appointed Pip Greenwood as an independent non-executive director to the Board, to replace Mark Verbiest who retired in November 2017. Ms Greenwood’s appointment will take effect from 1 April 2018. Read more »

Local online retailers seeing traffic this Christmas

Press Release – Mastercard

Local online retailers seeing traffic this Christmas
Auckland, New Zealand – December 14, 2017 – Last minute Christmas shoppers are increasingly heading online to avoid the last-minute dash in store, with Kiwis planning to shop more at local online retailers as Christmas approaches. Read more »

Sanford still focused on building inhouse innovation

Article – BusinessDesk

Sanford still focused on building inhouse innovation capability, premium brand

By Paul McBeth

Dec. 13 (BusinessDesk) – Sanford is still investing in building its internal research and development capability and establishing itself as a premium food brand, which “slightly” delayed lowering its debt levels and kept dividends static this year, says chair Paul Norling. Read more »

Govt to conduct inquiry into September fuel pipeline outage

Article – BusinessDesk

Government to conduct inquiry into September fuel pipeline outage

By Rebecca Howard

Dec. 13 (BusinessDesk) – The government will hold an independent inquiry into the September outage of the fuel pipeline from Marsden Point refinery to Auckland, says Energy and Resources Minister Megan Woods. Read more »

FX trader faces civil proceedings

Article – BusinessDesk

FX trader faces civil proceedings over lack of anti-money laundering processes

By Sophie Boot

Dec. 13 (BusinessDesk) – Jin Yuan Finance, an Auckland-based foreign exchange trader, will face civil charges under anti-money laundering law in the Auckland High Court. Read more »

Jetstar returns to Wellington-Queenstown route

Press Release – Jetstar

13 December 2017

Auckland (1 page)

Jetstar returns to Wellington-Queenstown route Read more »

Oamaru’s largest motor lodge accommodation business for sale

Press Release – Bayleys

Media Release
13.12.2017

Oamaru’s largest motor lodge accommodation business goes up for sale Read more »

Spark fast-tracking build of long-range IoT network

Press Release – Spark NZ

Media Release
Wednesday 13 December, 2017

Spark fast-tracking build of long-range IoT network to meet strong customer demand Read more »

NZ house sales rise 17.8% in November

Article – BusinessDesk

NZ house sales rise 17.8% in November, with strongest growth outside Auckland

By Rebecca Howard

Dec. 13 (BusinessDesk) – New Zealand’s housing market continued to show signs of life in November, with the number of properties sold up 17.8 percent on the month across the country, although it was down 8.9 percent on the year. Read more »

API Talent Ranked 130 Fastest Growing Technology Company

Press Release – API Talent

API Talent Ranked Number 130 Fastest Growing Technology Company on the Deloitte Technology Fast 500 Asia Pacific 2017.
API Talent attributes its 408 Percent Revenue Growth to helping customers foster innovation in their businesses. Read more »

November Highlights Significant Lift in Housing Activity

Press Release – REINZ

November Highlights Significant Lift in Housing Activity
REINZ Figures Show Largest October/November Volume Increase in 6 Years – Record Median Prices Recorded in 7 Regions. Read more »

Moana NZ posts little-changed full-year profit

Article – BusinessDesk

Moana NZ posts little-changed full-year profit as returns from lobster, fin fish fall; lifts dividend

By Jonathan Underhill Read more »

Rangatira Investments takes 50% stake in Mrs Higgins

Article – BusinessDesk

Rangatira Investments takes 50% stake in Mrs Higgins for undisclosed sum

By Rebecca Howard

Dec. 12 (BusinessDesk) – Rangatira Investments has taken a 50 percent stake in specialist cookie retailer Mrs Higgins, and will help bankroll a new manufacturing plant due to open in February as well as further expansion. Read more »

F&P Healthcare extends patent fight vs ResMed

Article – BusinessDesk

F&P Healthcare extends patent fight vs ResMed to Australia, alleging four infringements

By Jonathan Underhill

Dec. 12 (BusinessDesk) – Fisher and Paykel Healthcare has extended its patent fight with ResMed to Australia, seeking damages and injunctions to halt sales of its rival’s products that it says infringed four patents. Read more »

Kiwi Property bond offer oversubscribed

Article – BusinessDesk

Kiwi Property bond offer oversubscribed, rate at bottom of indicative range

By Rebecca Howard

Dec. 12 (BusinessDesk) – Kiwi Property Group has raised $125 million in seven-year bonds, accepting $50 million in oversubscriptions after a bookbuild set the interest rate at the bottom end of the indicative range. Read more »

The Warehouse launches EV chargers

Press Release – The Warehouse Group

Media release Embargoed until 10am Tuesday 12 December 2017

Southland leads the electric vehicle charge

For now, no charge to charge Read more »

GeoOp to raise funds in the new year to get to break even

Article – BusinessDesk

By Paul McBeth

Dec. 12 (BusinessDesk) – GeoOp plans to raise fresh capital in the new year after a scuttled initial public offering across the Tasman to help the management app developer break even. Read more »

Christmas comes early for homeowners

Press Release – Trade Me Property

Christmas comes early for homeowners

Christmas has come early for many Kiwi homeowners after the national average asking price climbed 2.5 per cent on last month to $639,150, according to the latest Trade Me Property Price Index. Read more »

Boost to local democracy as Aucklanders debate future

Press Release – Public Service Association

Boost to local democracy as Aucklanders debate future of investment CCO
Disestablishing a major council-controlled organisation (CCO) would be a step forward for Auckland Council and a great improvement to local democracy, the PSA says. Read more »

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