Archive for August, 2011

New Telecom companies likely to have lower credit ratings

Article – BusinessDesk

Aug. 31 (BusinessDesk) – Should Telecom Corp.’s demerger into separate services and network companies proceed, both companies are likely to have lower credit ratings than the phone company currently enjoys. Read more »

Weldon backs banks with local links to win SOE mandates

Article – BusinessDesk

Aug. 31 (BusinessDesk) – NZX Ltd. chief executive Mark Weldon is backing investment banks with local offices to win mandates in the government’s plan to sell up to half of its stake in certain state-owned enterprises. Read more »

Television News Viewership for Tuesday 30th August 2011

Press Release – TVNZ Read more »

Freedom Campers Banned From Certain Parts of Hurunui

Press Release – Hurunui District Council

Freedom campers will no longer be able to park up anywhere they like within the Hurunui District. The Hurunui District Council last week adopted its amended Freedom Camping Bylaw which prohibits vehicles which do not carry their own toilet facilities from … Read more »

Launch of online calculator looking at milk price components

Press Release – The Value Add Company

Hard facts relating to the cost components for processing dairy products and their impact on the domestic prices are virtually non-existent. This makes submissions to the Select Committee inquiry into milk prices based on analytical evidence problematic … Read more »

Government’s lignite mining ambitions still billowing smoke

Press Release – New Zealand Labour Party

The Government’s new Energy Strategy might not refer specifically to lignite mining, but plans to turn the dirty brown coal into fuel are still very much alive, Labour’s Climate Change spokesman Brendon Burns says. Read more »

Wellington Region: Bus commuters to be surveyed

Press Release – Greater Wellington Regional Council

Bus commuters around the region will be surveyed about their travel habits next week. Peter Glensor, Chair of Greater Wellington’s Economic Wellbeing Committee, which oversees public transport, says the survey results will help Council staff plan long-term … Read more »

QueenstownHospital decision victory for public health system

Press Release – New Zealand Labour Party

The recommendations of an expert health panel to ignore a privatisation proposal and keep Lakes District Hospital and its emergency department in Queenstown, is a victory for the local community and for the under siege public health system, Labour … Read more »

Foreign ownership of SOEs inevitable under National

Press Release – Green Party

The National Government’s tinkering with ten per cent ownership caps will not stop state-owned assets ultimately falling into foreign hands, Green Party Co-leader Dr Russel Norman said today. Read more »

Huhtamaki to close flexible packaging unit in New Lynn, NZ

Press Release – Supplied via Mediacom press release distribution

Huhtamaki optimizes its flexible packaging manufacturing footprint and will close down its manufacturing unit in New Lynn, New Zealand. The unit is currently loss making. The closure will affect approximately 135 employees. Read more »

National continues to try and con Kiwis on asset sales

Press Release – New Zealand Labour Party

National’s announcement on State Asset Sales is a shallow con job that bears little resemblance to what would happen if our assets are sold off, Labour Leader Phil Goff says. Read more »

Seasonal Climate Outlook: September – November 2011

Press Release – NIWA

The NIWA National Climate Centre’s spring outlook for New Zealand, for September – November as a whole, indicates that temperatures are likely to be above average in the North Island as well as for the northern South Island, and near average or … Read more »

Vodafone launches new service to cut costs for businesses

Press Release – Vodafone

Small businesses stand to make big cost savings thanks to a simple all-in-one landline, calling and broadband package launched today by Vodafone. Read more »

University of Auckland Simplifies Data Center With Juniper

Press Release – Juniper Networks

New Zealand’s Leading University Adopts Innovative 3-2-1 Data Center Network Architecture AUCKLAND, NEW ZEALAND — (MARKET WIRE) — Aug 30, 2011 – Read more »

NZ business confidence falls for first time in five months

Article – BusinessDesk

Aug. 31 (BusinessDesk) – New Zealand business confidence fell for the first time in five months, with firms showing more caution in the face of global financial market turmoil, trimming expectations for exports, profits, pricing and hiring. Read more »

Television News Viewership for Monday 29th August 2011

Press Release – TVNZ Read more »

St Laurence receivers schedule next investor distribution

Press Release – Deloitte New Zealand

The receivers for St Laurence Limited expect to make a distribution of 3 cents in the dollar to secured investors in the week of 26 September, a slight delay from the previously advised timing of August. Read more »

Sale of PGG Wrightson Finance completed

Press Release – PGG Wrightson

PGG Wrightson Limited is pleased to announce that all conditions required for the sale of PGG Wrightson Finance (PWF) have been confirmed and settlement of the sale to Heartland New Zealand (Heartland) has been completed. Read more »

Vodafone launches service to cut costs for small businesses

Press Release – Vodafone

Small businesses stand to make big cost savings thanks to a simple all-in-one landline, calling and broadband package launched today by Vodafone. Easy Office is simple way for small and medium sized businesses to manage their costs, says Vodafone general … Read more »

Government BMW tender closes Friday

Press Release – Turners Auctions

This Friday is the last day for New Zealanders to bid on one of 17 ministerial BMWs currently being sold by tender at Turners Auctions. The vehicles have been used as VIP ministerial vehicles for the past three years and offer passengers exceptional … Read more »

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