Business Scoop

Archive for April, 2015

Migrant exploitation Bill passed

Press Release – New Zealand Government

The Immigration Amendment Bill (No 2) which cracks down on employers who exploit migrant workers passed its final reading in parliament today. Read more »

NIWA studies spectacular seabed gas flares

Press Release – NIWA

A team of scientists aboard NIWAs deepwater research vessel Tangaroa returns to Wellington tomorrow[Friday 1 May] with new knowledge about methane leaking into the atmosphere. Read more »

MARKET CLOSE: NZ shares rise; Spark, Contact gain; Xero down

Article – BusinessDesk

April 30 (BusinessDesk) – New Zealand shares rose from a two-month low, paced by Spark New Zealand and Contact Energy as the prospect of lower interest rates fuelled investor demand for income-paying equities. Xero extended its decline. Read more »

NZ dollar falls after RBNZ adopts easing bias

Article – BusinessDesk

April 30 (BusinessDesk) – The New Zealand dollar fell after the Reserve Bank adopted a bias towards lower interest rates, saying it would cut rates if inflationary pressures come in below expectations, and after Fonterra Cooperative Group cut its forecast … Read more »

Compromise reached on Auckland port extension

Article – BusinessDesk

April 30 (BusinessDesk) – Ports of Auckland has offered to only extend one of the two wharves it wants to push further out into Auckland harbour in a backdown that it hopes will take the heat out of local opposition to its plans. Read more »

Tamaki project gets $200M govt loan

Article – BusinessDesk

April 30 (BusinessDesk) – Tamaki Redevelopment Co, a property development venture between central government and Auckland Council, has been given a $200 million loan and a mandate to build 7,500 homes over 15 years, financed via property sales and … Read more »

Carter’s Australian building products unit returns to profit

Article – BusinessDesk

April 30 (BusinessDesk) – Carter Holt Harvey’s Australian building products unit returned to profit in 2014, as it fattened margins on increased sales, reversed prior impairment charges and reaped a gain its share of the sale of pulp, paper and packaging … Read more »

Capital’s Council supports framework for safer cycling

Press Release – Wellington City Council

A draft framework for a safe, complete cycling network for Wellingtonians was given full support by the Wellington City Council at its meeting today. Read more »

The Formary to represent New Zealand at the World Exposition

Press Release – The Formary

Transforming industrial and agricultural waste into beautiful fabrics is the mantra of New Zealand company The Formary. Read more »

Decision digest, Governing Body – Auckland Council

Press Release – Auckland Council

Councillors meet for the Mayors report on Aucklands Long-term Plan, discussions on Ports, Animal Management and other recommendations Read more »

BP launches 95 Plus into retail market

Press Release – Senate SHJ

In a first for the New Zealand retail fuels market, BP has announced that from 30th April, the company will be offering a BP 95 Plus petrol blend across two sites in the Auckland market. Read more »

School Bus Signage Trial Underway

Press Release – Queenstown Lakes District Council

Queenstown Lakes District Council is trialling new signage on school buses in the Queenstown area as a way to remind drivers to slow to 20km/h when passing a bus that has stopped for children. The trial will run during the first half of Term Two and … Read more »

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