Business Scoop

Archive for October, 2011

Ultimate Hikes opens for the season

Press Release – Ultimate Hikes

New Zealand’s premier guided walking company launches its 2011-2012 season tomorrow (November 1) as the first walkers set out along tracks billed as the ‘finest walks in the world’. Queenstown based Ultimate Hikes operates guided walks on the Milford, … Read more »

TrustPower Limited Unaudited Financial Results

Press Release – TrustPower

TrustPower’s consolidated underlying surplus after tax was $75.6 million for the six months ended 30 September 2011 (an increase of 18 per cent) compared with $63.8 million for the same period last year. Underlying surplus after tax excludes fair … Read more »

$2.7 million funding for cancer research

Press Release – New Zealand Government

Health Minister Tony Ryall and the Minister for Science and Innovation Dr Wayne Mapp have announced funding for three cancer research projects. Studies of bowel cancer, palliative care and prostate cancer will be undertaken by researchers at Auckland … Read more »

Christmas just around the corner as Top Toys revealed

Press Release – Toyworld

The official start of the holiday season is almost upon us and to help parents to navigate the world of play … Toyworld has released its Top 10 hottest toys list for this Christmas. Toyworld is New Zealand’s largest toy retailer and compiles … Read more »

Real Journeys CEO Resigns

Press Release – Real Journeys

Real Journeys Chief Executive, Dave Hawkey, today signalled his intention to resign from the company after 10 years. Hawkey said that despite a number of significant achievements during his tenure, it was time now to focus on his family who are based … Read more »

New enforcement tools to improve collection of fines

Press Release – New Zealand Government

Having overdue fines and reparation may soon impact people’s ability to get credit as the government approves the implementation of the Credit Check of Fines initiative, Minister for Courts Georgina te Heuheu announced today. The initiative allows credit … Read more »

Business survey damns National’s lack of a plan

Press Release – New Zealand Labour Party

The business community has provided a damning commentary on National’s under-performance as an economic manager, saying the Government has no clear plan to lift New Zealand’s performance, says Labour’s Finance spokesperson David Cunliffe. Read more »

Auckland Plan difficult to endorse

Press Release – Property Council Of New Zealand

Auckland Council’s draft Auckland Plan cannot be endorsed without Government support, achievable targets for intensification, an implementation plan and an explanation of how capital projects will be funded. In a submission on the draft Auckland Plan, … Read more »

National plans selling assets returning 17.6% pa

Press Release – Green Party

The Green Party is questioning the National Party’s decision to fund new infrastructure by selling state-owned assets (SOEs) that have returned, on average, 17.6 percent per annum over the last five years. “National have come up with the most expensive … Read more »

ICT and hi-tech exports continue to grow

Press Release – NZICT

New Zealand ICT and hi-tech exports are proving to be a solid source of growth and resilience for the country’s economy. According to the Technology Investment Network (TIN 100) Report 2011, which was released today, New Zealand ICT and hi-tech companies … Read more »

$530m rail loophole increases Labour’s borrowing

Press Release – New Zealand Government

Associate Finance Minister and National Party Campaign chair Steven Joyce says Labour has left gaping holes in its promises to fund the Auckland City Rail loop, which will only add to their extra borrowing. “Construction funding for the upgrade of … Read more »

Hobbit to reap $20.2M from taxpayers in first year

Article – BusinessDesk

Oct. 31 (BusinessDesk) – The production company for Peter Jackson’s The Hobbit racked up $20.2 million for its tax rebate in the first actual year of production, according to its financial statements. Read more »

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