Archive for July, 2017

Powerhouse Ventures in trading halt

Article – BusinessDesk

July 31 (BusinessDesk) – Christchurch-based technology incubator Powerhouse Ventures has sought a trading halt of its ASX-listed shares after the National Business Review reported a mass resignation of directors at investee firm Hydroworks. Read more »

MARKET CLOSE: NZ shares gain led by A2 Milk

Article – BusinessDesk

July 31 (BusinessDesk) – New Zealand shares rose led by A2 Milk amid optimism it will stand to benefit from Chinese efforts to reduce the number of infant formula brands available in its market, while Xero reached a three-year high as investors … Read more »

NZ dollar treads water ahead of key data later in week

Article – BusinessDesk

July 31 (BusinessDesk) – The New Zealand dollar inched higher as the greenback remains out of favour and investors await key data later in the week. Read more »

Tesbrit gets greenlight to buy up to 49.9% of 2degrees

Article – BusinessDesk

Tesbrit gets greenlight to buy up to 49.9% of 2degrees should the opportunity arise Read more »

Partners Life annual profit down 13%

Article – BusinessDesk

July 31 (BusinessDesk) – Partners Life, which counts US private equity firm Blackstone as a cornerstone investor, posted a 13 percent drop in annual profit as persistently low interest rates increased the life insurer’s theoretical long-term liability, … Read more »

Railway man’s bravery honoured

Press Release – KiwiRail

Railway mans bravery honoured A plaque honouring the courage of railway man Corporal Leslie Andrew has been unveiled today at Wellington Railway Station by KiwiRail Chief Executive Peter Reidy, The Rail Heritage Trust and Corporal Willie Apiata VC. Corporal … Read more »

Mycoplasma bovis – Media Update – Monday 31 July 2017

Press Release – Ministry For Primary Industries

Mycoplasma bovis – Media Update – Monday 31 July 2017 A second dairy farm in South Canterbury that was already under biosecurity controls has today been confirmed as positive for the cattle disease Mycoplasma bovis. This farm is linked to the initial … Read more »

Business confidence winter cooling not so frosty

Article – BusinessDesk

July 31 (BusinessDesk) – New Zealand business confidence cooled less than normal in July as firms remained upbeat about their own activity and were keen to take on more staff. Read more »

Mayor opens Hamilton’s newest street

Press Release – Joint Press Release

Mayor opens Hamilton’s newest street 31 July 2017 For immediate release Hamiltons newest street has been officially opened by Mayor Andrew King. The official opening ceremony took place yesterday at Springside Court in Rototuna and was rounded out … Read more »

Walking bike changes Coromandel woman’s life

Press Release – Life Unlimited

Monday July 31, 2017 JO GRIFFIN loves that people look at her at eye level now and that people, who in the past ignored her, now comment on what a cool yellow machine she is sitting on. They see me and not my disability, the Matarangi Beach electrical … Read more »

Recognising Research Excellence: Value Of Medicines Award

Press Release – Medicines New Zealand

Applications are now open for the Medicines New Zealand 2017 Value of Medicines Award. The award recognises research that improves the understanding, effectiveness or safety of the use of medicines in New Zealand. Read more »

Mitre 10 Papamoa takes top prize

Press Release – Mitre 10

Mitre 10 Papamoa was recognised as the best of its peers, taking home the 2017 Store of the Year crown at the national retailers annual awards Read more »

24-hour parking restriction introduced on Miramar Streets

Press Release – Wellington City Council

Following feedback from residents, 24-hour parking restrictions will be in place from 14 August on Miramar South streets. Residents will be entitled to one parking exemption per housing unit. Read more »

Rural broadband catching up to urban!

Press Release – TrueNet

Grassroots improvement! Rural broadband has mainly been served by ADSL, VDSL and more recently Fixed Wireless services, where the old copper network was underwhelming for users. Through the Governments RBI funding and other investment, rural performance … Read more »

Census will take stock of our mouldy homes

Press Release – Statistics New Zealand

For the first time in the census, everyone in New Zealand will be asked if their homes are damp or mouldy, Stats NZ said today. Read more »

Blue Sky Meats posts $1.9M loss

Article – BusinessDesk

July 31 (BusinessDesk) – Blue Sky Meats, the Invercargill-based meat processor, posted a loss for the second year in a row and said the future of its unprofitable beef plant in Gore is under review. Read more »

Wellington becomes home to NZ’s biggest adult toy warehouse

Press Release –

New Zealanders love sex toys according to kiwi online adult toy retailer Adulttoymegastore , which is moving to a warehouse 10 times the size of its current premise next month to keep up with the stores high demand and growth. Read more »

Bad Tax Policy Feeding Inequality, Study Shows

Press Release – Income Equality Aotearoa New Zealand

Bad Tax Policy Feeding Inequality, Study Shows A new study from Oxfam shows the government’s failure to introduce fair taxes is a key cause of New Zealand’s persistently high level of inequality, Peter Malcolm, spokesperson for the income equality project … Read more »

Air NZ gears up for summer with 180,000 extra seats

Press Release – Air New Zealand

Air New Zealand is gearing up for a bumper summer, adding more flights to its domestic schedule to deliver 180,000 extra seats between November 2017 and March 2018, compared with the same period last year. The extra flights will use the airlines existing … Read more »

World’s largest shipping line returns to Wellington

Press Release – Joint Press Release

The service will return once CentrePort has completed works that will allow its ship-to-shore cranes to operate. These works were required following damage sustained in the November 2016 Kaikoura earthquake. They are expected to be largely complete by September. … Read more »

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