Business Scoop

Archive for January, 2009

NZB Select Sale Holds Firm

Today saw the third and final day of New Zealand Bloodstock’s 2009 Select Sale completed at Karaka, with session results holding firm but buyers selective in their purchasing.
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Western Ring Route must be completed

 “The Western Ring Route must be completed as this project is a strategic regional and national priority.” says North Shore Mayor Andrew Williams
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Telecom announces roll-out of super-fast internet

Jan. 30 – Telecom Corp.’s wholesale division will roll out super-fast broadband to all major cities and towns from March, the nation’s biggest phone company said.
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Air NZ cuts capacity on long-haul routes

Jan. 30 – Air New Zealand Ltd. cut capacity on long-haul routes to the U.K., U.S. and Asia as the global economic slump trimmed demand for travel.
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More irrigation bans and warnings

More irrigation bans and warnings have been put in place by Hawke’s Bay Regional Council as the dry weather sets in.
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SMC Heads-Up: Jan 30 – Feb 5

Climate change and the bath tub effect; Issues on the science radar: Whaling deal for Japan, Auckland Island sea lions birth rate drops 31%, Otago’s Egyptian mummy get’s a facelift, water resources, Darwin’s legacy, artificial reef a dud. NIWA: …
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Bollard: Coping with global economic stresses

Alan Bollard and Tim Ng1 An address to the Canterbury Employers’ Chamber of Commerce
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Treasury to National – You’ve got it wrong

Labour Leader Phil Goff has welcomed the release of a Treasury briefing today revealing that influential officials advised the National government that it would be wrong to scrap several key Labour initiatives when it came into power.
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NZ Oil & Gas sales fall 57% on reduced output

Jan. 30 – New Zealand Oil & Gas, whose shares were one of only two to gain on the NZX 50 Index last year, reported a 57% drop in sales last quarter as the price of oil fell and output from the Tui field slowed.
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Air New Zealand to suspend Hamilton-Brisbane route

Air New Zealand confirmed today that it is suspending its remaining trans-Tasman service into and out of Hamilton.
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Louis Vuitton Pacific ticks all boxes for AK

AucklandPlus, Tourism Auckland and Auckland City Council have joined forces to ensure that Auckland and its residents reap maximum benefits from Louis Vuitton Pacific Series which begins today.
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Home-building approvals fall to record low in Dec.

Jan. 30 – New Zealand home-building approvals fell to a record low last month in a sign that sliding borrowing costs haven’t yet revived demand in an economy buffeted by its first recession in a decade.
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