Archive for August, 2011

NZIER sees longer pause on NZ interest rates, tepid growth

Article – BusinessDesk

Aug. 31 (BusinessDesk) – The New Zealand Institute of Economic Research sees slow economic growth for the next couple of years and expects the Reserve Bank to keep interest rates low until June next year. Read more »

Rakon Profit Eroding

Press Release – Headliner.co.nz

Rakon is continuing to record strong sales growth but the highly volatile and very strong New Zealand dollar is undermining profitability, reports www.headliner.co.nz. Read more »

Could a New Zealand company solve the world’s carbon crisis?

Press Release – EcoCover

According to an article in Australia’s foremost business newspaper, The Australian Financial Review, the world will need to produce twice as much food by 2050 as it does now, using the same amount of land and water (or probably less). It’s a disturbing … Read more »

Strong growth but high NZ Dollar erodes profits

Press Release – Rakon

31 August 2011: Rakon is continuing to record strong sales growth but the highly volatile and very strong New Zealand dollar is undermining profitability. Read more »

Rakon shares sink 5.8% on prospect softer 2012 earnings

Article – BusinessDesk

Aug. 31 (BusinessDesk) – Crystal timing devices manufacturer Rakon Ltd.’s shares sank 5.8% after it said annual operating profit could fall as much as 44% for the year ending March 2012 if the New Zealand dollar remains are current levels. Read more »

Central Otago Sauvignon Blanc Takes Pole Position

Press Release – Misha’s Vineyard

Misha’s Vineyard ‘The Starlet’ Sauvignon Blanc, from Central Otago, took first place when it came to selecting the white wine to be served in the Paddock Club during the 2011 FORMULA 1 SINGTEL SINGAPORE GRAND PRIX next month. Read more »

MAF and iwi push to clear sea squirt from Northland waters

Press Release – Ministry Of Agriculture And Forestry

MAF and Northland iwi members go back to the rocky shore today in the final stage of a programme to trial the feasibility of removing an introduced sea squirt from the area’s harbours. Read more »

East Coast Road upgrade wins national roading award

Press Release – Auckland Transport

Auckland Transport’s East Coast Road Widening project was a winner at the 2011 Roading NZ Excellence Awards this week. Read more »

Int. convention spending holds up despite slow economy

Press Release – Ministry of Economic Development

Difficult economic times have seen a reduction in the numbers of people attending conventions in New Zealand in the past year but the numbers of visiting international delegates and their spending have stayed stable or increased slightly, research from … Read more »

Fairfax Media Launches News Content Service

Press Release – Fairfax

Fairfax Media is stepping up its news coverage in New Zealand to ensure it delivers compelling journalism round-the-clock and on every platform. Read more »

Capital gets ultra fast broadband

Press Release – New Zealand Government

The roll out of ultra fast broadband (UFB) in the Wellington region is now underway. Read more »

Be wary of the Water You Drink

Press Release – Just Water

There is nothing wrong with tap water, but if you want water that tastes good, then you will want to remove the chlorine. Read more »

3M Launches New Vehicle Personalisation Wrap

Press Release – 3M New Zealand

3M, a leader in innovative technologies has just launched the 3M Scotchprint Wrap Film Series 1080, a vehicle personalisation wrap range that will ensure car lovers turn heads and stand out from the crowd. Read more »

Labour: Termination clause to go within 90 days

Press Release – New Zealand Labour Party

Labour will introduce a Bill within 90 days of taking office to remove the so-called ‘termination clauses’ from the Copyright Act, says Labour’s Communications and IT spokesperson Clare Curran. Read more »

Ultra-fast broadband rollout begins in Wellington

Press Release – Chorus

Chorus, New Zealand’s largest telecommunications network operator together with Crown Fibre Holdings, has today marked the start of the ultra-fast broadband (UFB) rollout in Greater Wellington by deploying new network infrastructure in Kelson. Read more »

Sealord asks Greenpeace to stop misleading the public

Press Release – Sealord

Sealord has written to Greenpeace asking the activists to remove misleading information that illegally uses Sealord trademarks. Read more »

Greenpeace responds to an open letter from Sealord

Press Release – Greenpeace New Zealand

Auckland 30.8.11: Greenpeace stand behind all of the statements we have made regarding Sealord’s tuna sourcing. We believe that the public has the right to know the ecological impact of the food they purchase, in order to make informed choices at the checkout. … Read more »

Telecom releases further demerger information

Press Release – Telecom New Zealand

This information is included in documents that are available to certain Telecom debt holders; however it has also been released widely today to ensure all market participants have access to the same information. Read more »

Smart Utilities Customers to benefit from smarter technology

Press Release – Smart Utilities

Australia and New Zealand’s top utility professionals will meet in Sydney in November to explore new ways to improve reliability, quality and security of water and electricity supply in a cost-efficient and customer-friendly way. This year’s Smart Utilities … Read more »

Bill English Speech to INFINZ – delivered by Tony Ryall

Speech – New Zealand Government

Bill English Speech to the Institute of Financial Professionals of New Zealand (INFINZ) Te Papa, Wellington Read more »

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