Archive for June, 2014

MARKET CLOSE: NZ shares fall to end quarter little changed

Article – BusinessDesk

June 30 (BusinessDesk) – New Zealand shares fell on the final day of the quarter and financial year-end, leaving the NZX 50 Index little changed in the past three months. Air New Zealand, Pacific Edge and Telecom Corp paced the day’s decline. Read more »

Winners of BNZ Bay of Plenty ExportNZ Awards 2014

Press Release – ExportNZ

History was made on Friday night as Surtees Boats were the first company to take out the Emerging Exporter of the Year, and the Exporter of the Year awards in consecutive years in the BNZ Bay of Plenty ExportNZ Awards 25 year history. Read more »

CRV Ambreed, AgResearch develop eczema tolerant dairy cattle

Press Release – CRV Ambreed

Collaboration between artificial breeding company CRV Ambreed and Crown Research Institute AgResearch under the auspices of the Primary Growth Partnership (PGP) is helping to reduce the impact of facial eczema (FE) in dairy cattle by developing … Read more »

Hawke’s Bay Trails – Section Closure & New Bridge Safety

Press Release – Hawke’s Bay Regional Council

Two sections of the Hawkes Bay Trails are temporarily interrupted one for farm operations and the other for bridge safety upgrades. Read more »

NZ dollar weakens after drop in business confidence

Article – BusinessDesk

June 30 (BusinessDesk) – The New Zealand dollar fell after a survey showed a decline in business confidence this month, giving traders more reason to sell a currency near a three-year high against the greenback and near a record on a trade-weighted … Read more »

Call for WW1 Information to the Waikato Community

Press Release – Hamilton City Council

Waikato Museum has launched an interactive website to help uncover the untold stories of the men and women of the Waikato during World War 1. Read more »

Reduced Wellington Airport charges welcome

Press Release – Air New Zealand

Air New Zealand welcomes Wellington International Airports decision to reduce landing fees following a Commerce Commission report concluding previously set charges were excessive. Read more »

$18 million for improving care for rest home residents

Press Release – New Zealand Government

Associate Health Minister Jo Goodhew today announced additional investment of $18 million to further improve the care of rest home residents throughout the country. Read more »

Justice and Emergency Services Precinct contractor

Press Release – New Zealand Government

Justice Minister Judith Collins today announced Fletcher Construction Company Limited has been awarded the main contract to construct the new Christchurch Justice and Emergency Services Precinct. Read more »

The new draft rules are out for your feedback

Press Release – Thames Coromandel District Council

If you’re passionate about the Coromandel’s rules about freedom camping, dogs and advertising signage, we’d love you to take a look at the new draft bylaws. Read more »

Caution danger: flip flop on a pork barrel

Press Release – New Zealand Labour Party

No amount of spinning can hide the fact the Government will knock down a Gisborne bridge it has just spent $100,000 strengthening, Labours Economic Development spokesperson Grant Robertson says. Read more »

Postie Plus Group Limited (Administrators Appointed)

Press Release – PricewaterhouseCoopers

David Bridgman and Colin McCloy, as Administrators of Postie Plus, have today announced that they expect it will be another two to three weeks before the current conditional agreement concerning the sale of the Postie Plus business becomes unconditional and … Read more »

Acquisition of Premium Chinese Tapware Manufacturer

Press Release – Methven

Please refer to the attached NZX statement released this afternoon by leading NZ shower and tapware designer, Methven Limited. Please refer to the NZX website for further information. Read more »

Shipping Investment a Positive First Step

Press Release – New Zealand Shippers Council

The New Zealand Shippers Council (NZSC) welcomes last weeks announcement by Kotahi and the Port of Tauranga that will allow the Port to commence a long-term investment programme to enable it to receive bigger ships. Read more »

KIP refinances $875 million of bank debt facilities

Press Release – Kiwi Income Property Trust

Kiwi Income Property Trust is pleased to advise that it has refinanced $875 million of bank debt facilities, leading to interest savings and an extension of the weighted average duration of its bank debt facilities from 3.1 years to 4.0 years. Read more »

Import tariffs on building materials lifted from 1 July

Press Release – New Zealand Government

Import tariffs on a range of building products will be temporarily suspended from tomorrow a measure which is expected to reduce housing costs and increase competition in the residential construction sector, Housing Minister Dr Nick Smith and Commerce … Read more »

Safer commercial health services protect public

Press Release – Auckland Council

A new health and hygiene bylaw comes into place tomorrow (1 July) requiring safer practices in Aucklands health and beauty businesses to protect the consumer. Read more »

Wellington Airport to hold aeronautical charges

Press Release – Wellington Airport Limited

Today Wellington Airport issued its final pricing document, after the decision to re-price, for using the airports terminal and runway services from June 2014 to March 2019. Over the next five years the airport will hold the average price per … Read more »

ERoad may raise $40 mln in IPO, seek NZX listing

Article – BusinessDesk

June 30 (BusinessDesk) – ERoad, whose products allow transport companies to manage and pay road user charges and keep track pof their fleet, is planning to raise some $40 million in new capital via an initial public offering before seeking to list … Read more »

Waiarohia Stream closed to vessels July 1-8

Press Release – Whangarei District Council

This week the swivelling portion of Kotuitui Whiti, the bridge across the Waiarohia Stream, will be installed. The waterway will be closed from tomorrow morning, Tuesday 1 July 2014, until Tuesday 8 July 2014. This is a major stage in the development … Read more »

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