Archive for the 'Business' Category

AWF first-half profit jumps 54% on Madison acquisition

Article – BusinessDesk

AWF first-half profit jumps 54% on Madison acquisition, lifts dividend

By Paul McBeth

Oct. 31 (BusinessDesk) – AWF Group, the contract labour firm, boosted first-half profit 54 percent as its white-collar Madison acquisition plumped up revenue, and will pay a bigger interim dividend. Read more »

Updated Pokie Stats Published

Press Release – Department Of Internal Affairs

Updated Pokie Stats Published

Pub and club gaming machine expenditure in the year ended September dropped 1.4 per cent from $819.4 million to $808 million. Read more »

NZ’s largest bus company winner at Cycle Friendly Awards

Press Release – NZ Bus

NZ’s largest bus company winner at Cycle Friendly Awards

NZ Bus picked up the gong for Cycle Friendly Commitment by a Business at last night’s ‘2walk and cycle’ conference and awards in Nelson. Read more »

TOWER: full replacement cover for homes lost to fire

Press Release – Tower Insurance

TOWER brings back full replacement cover for homes lost to fire

Auckland, 30 October 2014 – TOWER is today (October 30) bringing back full replacement cover for New Zealand houses destroyed by fire, one of the main reasons for the total loss of a home. Read more »

NZ dollar sinks on Fed optimism, neutral RBNZ

Article – BusinessDesk

NZ dollar sinks on Fed optimism, neutral RBNZ

By Paul McBeth

Oct. 30 (BusinessDesk) – The New Zealand dollar dropped more than 1 US cent after the Federal Reserve gave an optimistic outlook for the world’s biggest economy, stoking talk of interest rate hikes next year, while the nation’s own Reserve Bank signalled no rush to raise rates. Read more »

Mayor proposes to penalise business with quick rates fix

Press Release – Employers And Manufacturers Association

October 30, 2014

Mayor proposes to penalise business with quick rates fix

Business is disappointed the Auckland Mayor proposes that the Council should keep an unfair rates burden on business, says Kim Campbell, Chief Executive of the Employers and Manufacturers Association. Read more »

Insurance rates in Wellington more than double 2010 rates

Press Release – Property Council Of New Zealand

30 October 2014

Data shows insurance rates in Wellington more than double 2010 rates

Property Council’s annual Operating Expenses Benchmarks (Opex) shows insurance premiums for commercial property in Wellington CBD have more than doubled since 2010. Read more »

Interactive storyteller app wins business kick-start

Press Release – ANZ Bank

30 October 2014

Interactive storyteller app wins business kick-start

Wellington, Canterbury and Auckland firms win top prizes in ANZ Flying Start Contest Read more »

RBNZ refrains from FX intervention in September

Article – BusinessDesk

RBNZ keeps out of FX markets in September, may have another go pushing kiwi lower

By Paul McBeth

Oct. 30 (BusinessDesk) – The Reserve Bank wasn’t actively trying to influence foreign exchange markets in September, based on its transactions, though it may be poised for another intervention after the Federal Reserve outlined its path to higher interest rates, fuelling demand for the greenback. Read more »

Souter says low-price seats, quality will demand bus demand

Article – BusinessDesk

Backer of new long-distance bus services says price and consistency will fuel demand

By Fiona Rotherham

Oct. 30 (BusinessDesk) – Brian Souter, the Scottish transport entrepreneur who today launched a new long-distance bus service in the North Island, says the number of seats available at lower prices and consistency of product will drive demand. Read more »

CORRECT: NZ dollar drops 2% in 2 hours on Fed, RBNZ

Article – BusinessDesk

CORRECT: NZ dollar drops 2% in 2 hours on more upbeat Fed, cautious RBNZ

(Corrects to show low in kiwi in second graph.) Read more »

FMA sets sales, conduct and governance as priority targets

Article – BusinessDesk

FMA sets sales, conduct and governance as priority targets

By Suze Metherell

Oct. 30 (BusinessDesk) – The Financial Markets Authority is stepping up efforts to police the finance sector, highlighting three areas of concern where it sees poor practice or misconduct posing a risk to the public as it beds in the final stages of its new legislated mandate. Read more »

Manabus.Com Launches in NZ

Press Release – Mana Bus

Manabus.Com Launches in NZ

A great value new way to travel city to city in New Zealand

• ManaBus.com launches new express city to city travel in New Zealand Read more »

Finalists for National Sustainable Business Network Awards

Press Release – Sustainable Business Network

30 October 2014

Finalists announced for 2014 NZI National Sustainable Business Network Awards

Judges for the 2014 NZI National Sustainable Business Network Awards have announced the line-up of finalists. Read more »

Margin that it applies to regulated cost of capital reduced

Press Release – Commerce Commission

Commerce Commission reduces the margin that it applies to regulated businesses’ cost of capital

The Commerce Commission has released its final decision on the weighted average cost of capital (WACC) used for regulated businesses. Read more »

Fletcher dumps two executives in overhaul of business units

Article – BusinessDesk

Fletcher dumps two executives in overhaul of business units, replaces CFO

By Jonathan Underhill

Oct. 30 (BusinessDesk) – Fletcher Building chief executive Mark Adamson has continued with his management team overhaul, dumping two executives in a restructuring of the company’s building products and infrastructure products division. Read more »

Fletcher Building Announces New Organisation Structure

Press Release – Fletcher Building

Fletcher Building Announces New Organisation Structure and Key Management Changes

Auckland, 30 October 2014 – Fletcher Building Limited announced today a new organisation structure and changes in several executive leadership roles. The changes follow an ongoing review of the business portfolio and business performance management. Read more »

Yealands named NZ’s Most Sustainable Large Business

Press Release – Yealands

Yealands named NZ’s Most Sustainable Large Business
Yealands Estate Wines has been named as the Overall Large Business winner at the Fairfax Sustainable 60 Awards, held in Auckland last night. Yealands also claimed the top prize in the environment category, as recognition for its range of innovative solutions to common industry issues. Read more »

FMA focus on improving conduct & trust in financial markets

Press Release – Financial Markets Authority

30 October 2014

FMA focus on improving conduct and increasing trust in financial markets

The Financial Markets Authority (FMA) Chief Executive Rob Everett has set out the evolving approach for the FMA as the regulator’s mandate expands under the Financial Markets Conduct Act, taking effect from 1 December. Read more »

Freightways fattens margins, lifts earnings; shares jump

Article – BusinessDesk

Freightways fattens margins, lifts earnings in ‘strongest first quarter’ in a decade; shares jump

By Jonathan Underhill Read more »

« Previous PageNext Page »