Archive for April, 2009

Petrol Price Falls at BP

Press Release – BP New Zealand

The price of petrol fell today with BP decreasing the price by 5 cents per litre. BP Managing Director Peter Griffiths says BP is pleased to be able to pass on another decrease at the pump. “The decrease is due to decreases in the international price …
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NZOG Targets Romania

Article – Businesswire

April 30 – New Zealand Oil and Gas is dipping its toe in the potential for oil and gas discoveries in Romania.
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Hot air or small wind in Waitati?

Press Release – Blueskin Media

Energy-saving and generation projects around the rural Dunedin township of Waitati will be the subject of a University of Otago Geography Department seminar next week.
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Picton Getting Tonnes of Toxic Gas Again

Press Release – Joint Media Statement

Two environmental organisations are calling for Port Marlborough and its owner the Marlborough District Council to make an immediate stop to the use of pre-shipment methyl bromide log fumigation at Picton’s Shakespeare Bay. Fumigation of logs under …
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Banks need to open books – now!

Press Release – Finsec

“The Reserve Bank’s 50 basis point reduction in the OCR today should be a small cause for joy but will customers get to share that joy?” asked Andrew Casidy, General Secretary of the bank workers’ union Finsec. There has been increasing concern …
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ZESPRI takes lead in minimising carbon footprint

Press Release – Zespri

A recent collaborative research study has tracked the lifecycle of ZESPRI® Kiwifruit from the orchard in New Zealand right through the supply chain to the consumer in Europe and measured the carbon equivalent emissions of each kilogram of kiwifruit …
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Labour Cost Index delayed

Press Release – Statistics New Zealand

The Labour Cost Index (Salary and Wage Rates): March 2009 quarter Hot Off The Press scheduled for publication on Monday 4 May 2009 will be delayed until 3:00pm on Wednesday 6 May 2009. This is to allow time to incorporate improved historical information …
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Microsoft Announces Imagine Cup New Zealand Winner

Press Release – Microsoft New Zealand

AUCKLAND, New Zealand – 30 April, 2009 – A team of students from Lincoln University has won the national finals of the 2009 Microsoft Imagine Cup, and will represent New Zealand at the worldwide Imagine Cup finals in Cairo, Egypt this July.
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MasterCard Papers – Reserve Bank Payments Analysis

Press Release – Mastercard

The latest payments data recently issued by the Reserve Bank of New Zealand and Statistics New Zealand has produced a number of very interesting insights into the state of the New Zealand economy. Outstandings • Outstandings across all NZ cards in March …
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Recession makes it harder to find good staff

Press Release – Robert Half International

The global financial meltdown is having an unexpected effect on finance and accounting employers in New Zealand – it’s making it more difficult to find skilled and qualified staff.
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Housing consent numbers remain low

Press Release – Statistics New Zealand

Building consent statistics for the month of March 2009 show the trend for the number of new housing units authorised, excluding apartment units, has continued to fall since June 2007, Statistics New Zealand said today. The trend has fallen by more …
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Gallagher’s Sponsorship of Innovation Award Comes

Press Release – Gallagher Animal Management Systems

The Gallagher Group has decided not to renew its sponsorship of the Innovation Award category in the Ballance Farm Environment Awards. But the company remains highly supportive of the annual competition.
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Household Labour Force – Working-age Pop

Press Release – Statistics New Zealand

The Household Labour Force Survey (HLFS) estimated working-age population is based on national resident population estimates that have been adjusted to be consistent with the scope of the HLFS. The HLFS estimated working-age population represents …
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Audio: RBNZ OCR Announcement – 0.5% Rate Cut

Article – Alastair Thompson

Audio on Demand of today’s Reserve Bank press conference with Governor Dr Allan Bollard. Cutting the interest rate by a further 50 basis points the Governor had a remarkably downbeat view of the coming 2 years, indicating he expected official interest rates …
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Cook Strait Cable Fixed

Article – Businesswire

April 30 – Transpower engineers have fixed the break in the national grid connection which had cut the national power market in two since Monday evening.
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Fletcher adds NZ$20M to capital raising via top-up

Article – Businesswire

April 30 – Fletcher Building Ltd., New Zealand’s biggest construction company, added NZ$20 million to its capital raising plan by varying the terms of a top-up facility in anticipation of strong demand as its shares rally.
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R2 Video: Reserve Bank OCR Announcement

Article – Scoop Video

R2.co.nz Webcast – Live from the Reserve Bank Museum of the Reserve Bank of New Zealand, Official Cash Rate Announcement, Thursday 30 April 2009 Read more »

Quantitative easing not right for NZ, Bollard says

Article – Businesswire

April 30 – Reserve Bank Governor Alan Bollard has ruled out printing money to lift the New Zealand economy out of its first recession in a decade.
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HVDC Fully Operational

Press Release – Transpower

Pole 2 of the inter-island High Voltage Direct Current (HVDC) link was operational from 1am this morning. Transpower CEO, Dr Patrick Strange is pleased with the speed and quality of the repairs. “Our people worked around the clock to locate the fault, …
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Event Planners’ Paradise at Convene Auckland

Press Release – Crowne Plaza

Auckland 30 April 2009– Despite the gloom pervading the industry, the number of visitors Crowne Plaza Auckland saw at the fourth annual Convene Auckland convention increased this year and the event doubled in size, spanning two floors of SkyCity’s …
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