Business Scoop

Archive for March, 2009

MARKET CLOSE: NZX 50 falls; Michael Hill, NPX drop

Article – Businesswire

March 31 – New Zealand shares fell, driving the NZX 50 Index to its biggest decline this month after the Obama administration gave automakers one last chance to restructure, while forcing General Motors CEO Rick Wagoner to resign.
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Historic global event a local success

Press Release – Christchurch City Council

History was made on Saturday night when an estimated one billion people in 4,000 cities switched off for Earth Hour – making it the largest environmental event on the planet – ever.
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Meridian land swap plan a poor deal

Press Release – Forest And Bird

Forest & Bird rejects Meridian Energy’s proposed land swap to mitigate its planned destruction of the Mokihinui River on the West Coast. “Meridian is trying to offer this farm land as a sweetener so it can flood the wild Mokihinui River valley for …
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RBNZ buying currency when it should be selling

Press Release – Manufacturers and Exporters Association

The New Zealand Manufacturers and Exporters Association (NZMEA) is backing calls to intervene in currency markets if necessary in order to keep the dollar at a stimulatory level. The Bank of New Zealand has flagged this possibility in response to a rising …
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Following your favourite world sporting events

Press Release – Expedia

With great international travel deals, New Zealanders can look forward to attending their favourite international sporting events
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Thumbs Up To Govt Broadband Investment Strategy

Press Release – City Link

Today’s announcement by Communications Minister Steven Joyce outlining the Governments broadband strategy, has been welcomed by CityLink CEO Neil de Wit. CityLink provides dedicated fibre services and PublicLAN Broadband to Wellington business & Government …
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Fibre Plan Sending the Right Signals to Industry

Press Release – NZ Council for Infrastructure Development

“Government’s announcement of a $1.5 billion plan to roll out fibre to the home and business is sending the right signals to industry”, says New Zealand Council for Infrastructure Development. High speed broad band connectivity is the infrastructure …
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Business Confidence Slightly Improved

Press Release – JP Morgan

·        Business confidence improved marginally ·        Firms’ own activity expectations worsened ·        RBNZ to deliver further cuts to OCR
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Biggest installation of cables NZ has ever seen

Press Release – Institution of Professional Engineers New Zealand

IPENZ commends the Government’s broadband investment initiative – however considerable attention will need to be given to the logistics of installing the huge lengths of cable required to deliver the new high speed broadband. “More than 25,000 km of …
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Sixteen law changes due tomorrow, April 1st

Press Release – Employers and Manufacturers Association Northern

Sixteen law changes due tomorrow, April 1st Employers have a great deal of change to understand and implement from tomorrow, April 1st. The Employers & Manufacturers Association (Northern) says its list (below) of 16 major areas of law change relate …
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Architectural Projects Honoured

Press Release – New Zealand Institute of Architects

Hyde Park Corner memorial among outstanding projects honoured in NZIA 2009 New Zealand Architecture Awards
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Make your tax cut work for you

Press Release – Retirement Commission

Retirement Commissioner Diana Crossan is urging New Zealanders to make the most of their tax cut which comes into effect 1 April. An increase in the minimum wage also comes into effect tomorrow. “Don’t let the extra money slip through your fingers. …
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