Archive for September, 2012

Home loan affordability worsens as house prices near record

Press Release – Roost Mortgages

Home loan affordability worsened slightly in August as the national median house price rose again to near a record high, more than offsetting record low interest rates. Read more »

Non-defensive assets enjoy reversal of fortune

Press Release – CMC Markets

Non-defensive assets have enjoyed a reversal of fortunes late in the week, with traders thankful for ‘small mercies’ such as the Spanish budget result. While the budget result from Spain was undoubtedly a step in the right direction, we are still far … Read more »

IG Markets – Afternoon thoughts Sept 28

Press Release – IG Markets

FTSE 5804 +25 DAX 7336 +46 CAC 3462 +23 IBEX 7910 +68 DOW 13490 +4 NAS 2820 -2 S&P 1447 0 Oil 92.44 Gold 1781 Sentiment has remained positive in the Asian session with most risk assets adding on to yesterday’s gains. The much talked about Spain 2013 … Read more »

MARKET CLOSE: NZ shares rise, paced by Air NZ on buyback

Article – BusinessDesk

Sept. 28 (BusinessDesk) – New Zealand shares rose, paced by Air New Zealand it said the share price doesn’t reflect the airline’s financial performance and it to commence a share buyback scheme. Telecom and Auckland International Airport led declining … Read more »

Vital launches new website

Press Release – Vital Healthcare Property Trust

Vital Healthcare Management Limited (the ‘Manager’), the manager of Vital Healthcare Property Trust (‘Vital’) today announced that Vital had launched its new website. Read more »

Vital settles asset sales and commences new development

Press Release – Vital Healthcare Property Trust

Vital Healthcare Management Limited (the ‘Manager’), the manager of Vital Healthcare Property Trust (‘Vital’) today announced that it had settled the sales of Pitman House in Point Chevalier and 188 Health Centre (Eastmed) in St Heliers totalling … Read more »

NZ dollar heads for 4.3 percent gain in September quarter

Article – BusinessDesk

NZ dollar heads for 4.3 percent gain in September quarter as Chinese stimulus stokes optimism Read more »

Chatham Rock Phosphate files mining licence application

Press Release – Chatham Rock Phosphate

28 September 2012 Chatham Rock Phosphate files mining licence application Chatham Rock Phosphate today achieved another major milestone on the pathway to developing its subsea resource on the Chatham Rise by filing its mining licence application … Read more »

Air NZ share jump on share buyback announcement

Article – BusinessDesk

Sept. 28 (BusinessDesk) – Air New Zealand says its share price doesn’t reflect the strength of the national carrier’s financial performance and is to commence a share buyback scheme as a consequence, chairman John Palmer announced at the company’s … Read more »

Wellington to benefit from three years of KiwiSport Funding

Press Release – Sport Wellington

Sport Wellington received confirmation that it will receive another three years of KiwiSport funding after having its 2012-15 KiwiSport Regional Partnership Plan approved by Sport New Zealand. Read more »

Rydges: Supreme Champion At NZ Hospitality Awards

Press Release – Rydges

Wellington’s Rydges Hotel has clinched the Supreme Champion title at this year’s Hospitality Association of New Zealand (HANZ) Awards for Excellence. Read more »

Agreement Sees Better Protection Against Nuclear Fallout

Press Release – Institute of Environmental Science And Research

A new agreement announced today between Australia and New Zealand will see scientists on both sides of the Tasman working together to beef up detection of any nuclear explosions under the framework of the Comprehensive Nuclear-Test-Ban Treaty (CTBT). … Read more »

The Nation Updated guest list

Press Release – The Nation

Upcoming This Weekend has all our video and transcripts. ________________________________________ The final lineup for The Nation tomorrow at 0930 and Sunday at 0800 is: 1. David Shearer with Rachel Smalley, John Hartevelt and Alex Tarrant. 2. Sir Geoffrey Palmer … Read more »

Telecom Shareholders Re-Elect Directors To Board

Press Release – Telecom New Zealand

MEDIA RELEASE 28 September 2012 Telecom Shareholders Re-Elect Directors To Board At Telecom’s annual meeting in Auckland today shareholders were asked to vote on six resolutions all of which were supported by the Board. All resolutions were decided … Read more »

Wgtn Police seek fleeing driver who rammed patrol vehicle

Press Release – New Zealand Police

Wellington Police are seeking the driver of a stolen vehicle who fled from Police and then rammed a patrol vehicle late last night. Tactical Response Manager Inspector Terry Van Dillen says a Toyota Hilux vehicle was stolen from an address in Highbury … Read more »

Overnight Motorway Closures

Press Release – New Zealand Transport Agency

Overnight Motorway Closures 30 September – 6 October 2012 The NZ Transport Agency advises of the following closures for motorway improvements. Closures start at 9pm and finish at 5am, unless otherwise stated. Work delayed by bad weather will be completed … Read more »

Kāko Chocolate a Teaser For Wills And Kate

Press Release – Kako Chocolate

Kāko Chocolate’s Passionfruit Chocolate Hearts were served to tempt Prince William and Kate during their recent South Pacific Royal tour. Read more »

OOB’s new flavour for Kiwis – Double Choc

Press Release – OOB Organic

OOB is pleased to launch their newest flavour in their organic range – the Classic Double Chocolate ice cream. Read more »

NZ Hoki fishery: third certification for sustainable fishery

Press Release – Marine Stewardship NZ

New Zealand’s popular white fish, Hoki, has been awarded Marine Stewardship Council (MSC) certification for a sustainable fishery for a third time, one of the first fisheries in the world to do so. Read more »

New Trade Commissioner for Indonesia

Press Release – New Zealand Government

Trade Minister Tim Groser welcomes the announcement of the appointment of Tim Anderson as Trade Commissioner to Indonesia. “This appointment will assist in taking New Zealand’s relationship with Indonesia to the next level. Read more »

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