Archive for the 'Business' Category

Marsden Maritime eyes benefits from transport study

Article – BusinessDesk

Marsden Maritime eyes benefits from upper North Island transport study

By Gavin Evans

Oct. 17 (BusinessDesk) – The government’s strategic review of upper North Island logistics chains may recognise the value of Northport in a way previous studies did not, Marsden Maritime Holdings chair John Goulter says. Read more »

NZ screen sector needs special employment carve-outs

Article – BusinessDesk

NZ screen sector needs special employment carve-outs to stay competitive

By Paul McBeth

Oct. 17 (BusinessDesk) – New Zealand’s screen sector needs its own employment framework to remain globally competitive, a working group says. Read more »

EQC settles majority of 2018 storm and landslip claims

Press Release – Earthquake Commission

EQC settles majority of 2018 storm and landslip claims

The Earthquake Commission has settled 1120 of the 1333 claims received for the storm events that crossed the country between January and September this year. Read more »

New Zealand tops Australasian Auctioneering Championships

Press Release – Harcourts

Harcourts New Zealand are thrilled to announce that Andrew North from Harcourts Cooper & Co, Auckland is the winner of the 2018 Australasian Auctioneering Championships. Read more »

AWF Madison drops 3.7%

Article – BusinessDesk

AWF Madison drops 3.7% as failed construction firms dent earnings

By Paul McBeth

Oct. 17 (BusinessDesk) – AWF Madison Group shares fell 3.7 percent after the labour-hire firm said the collapse of three building companies dented its earnings. Read more »

Dangerous scaffolding under the spotlight

Press Release – WorkSafe NZ

An Auckland scaffolding company with multiple previous breaches of safety law has been fined $180,000 for further failures to provide its workers with a safe working environment. Read more »

Matthew Johnson returns to Nikko AM

Press Release – Nikko AM

Nikko Asset Management NZ welcomes the return of Matthew Johnson to its award-winning Fixed Income team. Read more »

Car dealership and owner fined for CGA misrepresentations

Press Release – Commerce Commission

17 October 2018
An Auckland car dealership and its owner have been fined a total of $12,000 on 16 charges under the Fair Trading Act. Read more »

2018 Forest Growers research awards announced in Tauranga

Press Release – NZ Forest Owners’ Association

The Forest Growers Research Awards were announced last night in Tauranga. They have been awarded each year since 2011 to recognise outstanding achievements in forest growing research. Read more »

SBC & KPMG Sustainable Value report

Press Release – KPMG

The Sustainable Business Council (SBC), in association with KPMG New Zealand (KPMG), are helping boards and executive management improve their understanding of sustainability and drive strategic responses to the rapidly changing economic and environmental, social and governance (ESG) challenges facing organisations today. Read more »

Wellington property prices reach new record

Press Release – Trademe

Wellington property prices reach new record and edge closer to $600k

Prospective home buyers are facing record property prices in Wellington after the average asking price climbed 12.3 per cent on last year to reach $593,250 according to the latest Trade Me Property Price Index. Read more »

NZ Winemaker awarded second World Pinot Noir trophy in a row

Press Release – Invivo Wines New Zealand

New Zealand Winemaker awarded World Pinot Noir trophy for the second year in a row!

New Zealand winemaker Andy Anderson has again beaten wines from the best in the world at London’s prestigious International Wine and Spirit Competition (IWSC) to take out the World’s Best Pinot Noir Trophy. Read more »

Lime reaches #1 on New Zealand App Store

Press Release – Lime

Electric e-scooter phenomenon Lime has reached #1 in the New Zealand app store overnight following its simultaneous launches in Auckland and Christchurch this week. Read more »

Jami-Lee Ross accuses Bridges of corruption, resigns

Article – BusinessDesk

Jami-Lee Ross accuses Bridges of corruption, resigns to trigger by-election

By Pattrick Smellie

Oct. 16 (BusinessDesk) – Dissident National Party MP Jami-Lee Ross will resign from Parliament on Friday, triggering a by-election in the safe National electorate seat of Botany in east Auckland. Read more »

NZ 3Q inflation higher than expected but driven by one-offs

Article – BusinessDesk

NZ 3Q inflation higher than expected but driven by one-offs

By Rebecca Howard

Oct. 16 (BusinessDesk) – Higher-than-expected third-quarter inflation is unlikely to take rate cuts off the table as it was largely driven by higher petrol prices, something the Reserve Bank has said it will look through. Read more »

Time for Fairer Compensation for Power Outages

Press Release – City Vision

Time for Fairer Compensation for Power Outages and Quality Issues

Commenting on the NZ Herald stories about electricity service compensation issues for both business and residential customers Read more »

Companies prompted to explore electric vehicle fleets

Press Release – Driveline

16 October 2018

Pressure at the pump prompts companies to explore electric vehicle fleets

As the cost of fuel has reached new heights, one of New Zealand’s leading vehicle leasing and finance companies has seen an increase in enquiries from businesses looking to adopt EVs on their fleets. Read more »

HiFX Data Update – NZ Q3 CPI Release

Press Release – HiFX

The NZ Consumer Price Index (CPI) for Q3 has just been released.

The CPI came in higher than expected.

NZ CPI Q3/Annual: Read more »

New Skydiving Diploma drops out of the blue

Press Release – Service IQ

It’s landed safely! NZQA has approved a new qualification that will help people who enjoy jumping out of planes into mid-air, make the leap into an exciting commercial career. Read more »

Construction costs, rents, and rates rise

Press Release – Statistics New Zealand

16 October 2018

The cost of running a household rose over the year to September 2018, Stats NZ said today.

Housing and household utilities increased 3.1 percent, with increases for construction, rents, rates and electricity. Insurance premiums also rose. Read more »

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