Archive for June, 2017

Blair Bryant resigns as director of Powerhouse;

Article – BusinessDesk

June 30 (BusinessDesk) – Blair Bryant has resigned from the board of Powerhouse Ventures and as a result the ASX-listed, Christchurch-based technology incubator has cancelled a special meeting of shareholders it had called on July 21 in Sydney to vote him … Read more »

MARKET CLOSE: NZ shares fall on last day of upbeat quarter

Article – BusinessDesk

MARKET CLOSE: NZ shares fall on last day of upbeat quarter, Spark and Xero drop Read more »

NZ dollar rises vs greenback; further gains may be curtailed

Article – BusinessDesk

June 30 (BusinessDesk) – The New Zealand dollar rose against a broadly weaker US dollar but may struggle to make further gains in the face of central bankers who are sounding more hawkish than the Reserve Bank. Read more »

City Rail Link chairman looks forward to Monday

Press Release – CCL Limited

Media release- City Rail Link chairman looks forward to Monday 30 June 2017 City Rail Link Ltd, established to deliver the City Rail Link on behalf of its joint sponsors the New Zealand Government and Auckland Council, comes into effect tomorrow. Chairman … Read more »

Toll NZ buys $59.5 mln site from Fletcher

Article – BusinessDesk

Toll NZ buys $59.5 mln site from Fletcher for new freight forwarding facility in Otahuhu Read more »

2018 Zanda McDonald Award opens Monday

Press Release – PPP Group

The search is on for talented young agri-leaders from New Zealand and Australia to apply for the 2018 Zanda McDonald Award. The award is regarded as one of Australasias most prestigious badges of honour for young leaders within the primary industry, … Read more »

Future Mobility Solutions planning to de-list from NZX

Article – BusinessDesk

June 30 (BusinessDesk) – Future Mobility Solutions, the company formerly known as SeaLegs, plans to delist from the NZX, saying the market is too small. Read more »

Colliers International wins two PINZ awards

Press Release – Colliers International

Leading property company Colliers International has won two Property Institute of New Zealand Awards for its rural valuation expertise and its innovative digital portfolio management tool. Read more »

NZX to carry out extensive review of business

Article – BusinessDesk

June 30 (BusinessDesk) – NZX will carry out an extensive review of its business with the results due in November and while shareholder Tony Falkenstein wasn’t elected to the board, his observations will be considered as part of that review, chairman … Read more »

Healthcare NZ seeks increased foothold in Auckland

Article – BusinessDesk

June 30 (BusinessDesk) – Healthcare of New Zealand Holdings, the country’s biggest provider of homecare support, wants a bigger share of Auckland, where it’s under-represented with the acquisition of Geneva Healthcare for an undisclosed sum. Read more »

Restaurant Hub Launches Takeaway Offering

Press Release – Restaurant Hub

Restaurant Hub Launches Takeaway Offering Friday, 30 June 2017 Restaurant Hub has expanded its offering, following the success of its existing restaurant search and booking website , developing a takeaway option that allows for food to be delivered … Read more »

Auckland Mayor and Government formalise creation of CRL Ltd

Press Release – Auckland Council

Auckland Mayor and Government formalise creation of CRL Ltd. to deliver NZs largest infrastructure project Today, Auckland Mayor Phil Goff, Deputy Mayor Cashmore and Ministers Steven Joyce and Simon Bridges, formalised the partnership between Government … Read more »

Mark Warminger fined $400k for market manipulation

Article – BusinessDesk

June 30 (BusinessDesk) – Former Milford Asset Management portfolio manager Mark Warminger has been ordered to pay $400,000 after the High Court ruled he manipulated the New Zealand stock market on two occasions in 2014. Read more »

Establishment of City Rail Link Limited

Press Release – New Zealand Government

Finance Minister Steven Joyce and Transport Minister Simon Bridges have today signed the agreements with Auckland Mayor Phil Goff that establish City Rail Link Limited to assume responsibility from tomorrow for delivering Aucklands City Rail Link, … Read more »

Hugh Green exits second listed asset with Turners sale

Article – BusinessDesk

June 30 (BusinessDesk) – Interests associated with the estate of the late philanthropist Hugh Green have sold out of a second listed asset, with the $47 million sale of a stake in Turners Automotive Group, while daughter Maryanne Green has ceased to be … Read more »

Travel reminders as Capital set for Lions showdown

Press Release – Wellington City Council

If youre planning to travel across Wellington tomorrow (Saturday), including to sports or other activities, Wellingtonians are advised to leave much earlier than normal. The city will be extremely busy with traffic and rugby fans and the going … Read more »

Feds’ commend Government on investment in global agriscience

Press Release – Federated Farmers

The announcement today, made by Foreign Minister Gerry Brownlee, is a progressive step that will drive science and innovation in the agriculture sector. Read more »

Historic equal pay settlement takes effect. Questions remain

Press Release – Public Service Association

At midnight, the historic pay equity settlement for 55,000 care and support workers will take effect, but questions around door-closing legislation and funding remain and must be addressed by the Government, says the PSA. Read more »

SeaDragon auditor PwC tags accounts over factory value

Article – BusinessDesk

June 30 (BusinessDesk) – Fish oil supplement maker SeaDragon’s annual accounts were tagged by auditor PwC over the value attached to its long-delayed fish oil refinery, which relies on forecast revenue, something the accounting firm couldn’t find enough … Read more »

Changes recognise tobacco tax increases

Press Release – New Zealand Government

The Government is taking steps to ensure that small grocery businesses can continue to hold liquor licences, Associate Justice Minister Mark Mitchell announced today. Read more »

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