Archive for December, 2008

Oil reserves target met

Minister of Energy and Resources Gerry Brownlee today announced that New Zealand had secured oil reserves for 2009 that would ensure New Zealand would continue to meet its International Energy Agency (IEA) obligation to hold 90 days of the previous …
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New Year Fuel Price Cut Call

Energy and Resources Minister, Gerry Brownlee, says it’s time for local oil companies to stop monitoring and start nudging down fuel prices for New Zealand motorists.
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Drink Driving – Wellington Area

Drink Driving – Wellington Area New Zealand Police Wellington News Release 11:41am 29 December 2008 http://www.police.govt.nz/news/release.html?id=4645
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NZ dollar holds gains in light trading

Dec. 29 – The New Zealand dollar held its gains in light Christmas season trading as rising U.S. stocks spurred some investors to seek higher-yielding, or riskier assets.
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Prices fall again at BP

The price of petrol and diesel fell again today with BP decreasing the price by a further 4 cents per litre.
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Press Release by Shell New Zealand

Shell has again led a price decrease with a 4 cent drop in petrol and diesel prices, effective 9.30am today, Monday 29 December. Shell fuel (at the majority of Shell outlets) is now priced at
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New Year’s Resolution To Enter Awards

Organisers of the 2009 New Zealand Dairy Industry Awards suggest sharemilkers, farm managers and dairy trainees should make it their New Year’s resolution to enter the awards and progress their dairying career.
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New Year a good time to get your finances on track

This New Year, there’s extra help available on sorted.org.nz for Kiwis who want to get their finances on track in 2009.
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Stocks to Watch: New Zealand Equity Preview

Dec. 29 – The following stocks may be active on the New Zealand exchange after developments since the close of trading on Dec. 24.
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NZX 50 has worst annual slump since 1990

Dec. 24 – New Zealand’s benchmark NZX 50 index is headed for its worst annual slump in 18 years, as global growth stumbled and the domestic economy fell into recession, hurting retailers, tourist operators, and commodity producers.
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While you were sleeping: BusinessWire Xmas wrap

Dec. 29 – The price of crude oil jumped on Friday after the United Arab Emirates, the world’s fifth-largest exporter of crude, said it would reduce supplies to Asia as part of OPEC’s plan to underpin prices.
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New Year Fuel Price Cut Call

Energy and Resources Minister, Gerry Brownlee, says it’s time for local oil companies to stop monitoring and start nudging down fuel prices for New Zealand motorists.
Read more »

Oil reserves target met

Minister of Energy and Resources Gerry Brownlee today announced that New Zealand had secured oil reserves for 2009 that would ensure New Zealand would continue to meet its International Energy Agency (IEA) obligation to hold 90 days of the previous …
Read more »

Belated Christmas Present For Waipukurau

A belated, but very welcome Christmas present will be heading to Waipukurau after a lucky player won the massive Powerball Lotto jackpot prize of over $5.2 million in tonight’s draw, says NZ Lotteries’ Chief Executive, Todd McLeay.
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Boxing Day sales success a surprise for retailers

The success of the Boxing Day sales has caught some retailers completely on the hop, particularly yesterday, claims the head of Auckland’s leading shopping district.
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US signals better for New Zealand beef

A recently released report from the Meat Importers Council of America (MICA) indicates that a turnaround in the US beef market could occur early in 2009, in spite of the economic slowdown, says Meat & Wool New Zealand Chairman, Mike Petersen.
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2 Deaths Too Many On Waikato Roads This Christmas

New Zealand Police National News Release 9:43am 26 December 2008 http://www.police.govt.nz/news/release.html?id=4640
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NZ stocks rise as traders seek Xmas bargains

Dec. 24 – New Zealand stocks rose for the second time in three days on light pre-Christmas trading as investors sought out bargains following yesterday’s decline.
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Commonwealth Bank to buy A$4 bln of Wizard loans

Dec. 24 – Commonwealth bank of Australia, that nation’s biggest home lender, will buy A$4 billion in mortgages from General Electric’s Wizard Mortgage Corp.
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MARKET UPDATE: NZ stocks mixed in light trade

Dec. 24 – New Zealand stocks were mixed, in light pre-Christmas trading, with Fletcher Building falling after figures showed the biggest drop in U.S. home sales for 21 years.
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