Archive for November, 2017

MARKET CLOSE: NZ shares rise in $1.4B-plus day

Article – BusinessDesk

MARKET CLOSE: NZ shares rise in $1.4B-plus day on F&P Health, Contact reweightings Read more »

NZ dollar falls vs greenback on drop in business confidence

Article – BusinessDesk

Nov. 30 (BusinessDesk) – The New Zealand dollar fell against the greenback after business confidence dropped sharply in November and weakened against the Aussie dollar after positive data across the Tasman. Read more »

Ngāti Whātua Ōrākei to buy land in Orakei from Housing NZ

Article – BusinessDesk

Nov. 30 (BusinessDesk) – Auckland-based hap Ngti Whtua rkei has signed a deal with Housing New Zealand to buy five blocks of land near the Orakei marae, with the first going for $16.5 million. Read more »

O’Connor: R&D spending ‘pathetic’, government to review PGP

Article – BusinessDesk

Nov. 30 (BusinessDesk) – Agriculture Minister Damien O’Connor said the new government plans to review the primary growth partnership programme although he lauded progress that has been made. Read more »

Scott Technology insulated from trade war

Article – BusinessDesk

Nov. 30 (BusinessDesk) – Scott Technology is confident it can survive the growing prospect of a US-led trade war with manufacturing around the world spreading its risk, says chair Stuart McLauchlan. Read more »

Apple gets OIO approval to acquire PowerbyProxi

Article – BusinessDesk

Nov. 30 (BusinessDesk) – Apple Inc was granted Overseas Investment Office approval to buy PowerbyProxi last month for a consideration exceeding $100 million. Read more »

InternetNZ Group Chief Executive Appointment

Press Release – InternetNZ

The InternetNZ Council recently involved staff and stakeholders of the InternetNZ Group, including InternetNZ, NZRS and the Domain Name Commission in a robust appraisal of the groups organisational structure, and whether it is fit for purpose going … Read more »

Airways unveils future digital air traffic control tower

Press Release – Airways New Zealand

Airways New Zealand is demonstrating a prototype digital air traffic control tower at Auckland Airport, it announced today. The air traffic control organisation is assessing how the technology could increase aviation safety, extend the hours of … Read more »

Wellington rail strike off as workers win together

Press Release – Rail And Maritime Transport Union

After last minute mediation the employer has agreed to withdraw its claim against penalty rates for weekend work. The strike notice has been withdrawn. Read more »

Veritas shares jump as ANZ pushes out loan maturity

Article – BusinessDesk

Nov. 30 (BusinessDesk) – Veritas Investments has again had its debt deadline extended by its bank to let it continue discussions for possible deals. Read more »

Greater Wellington welcomes cancellation of rail strike

Press Release – Greater Wellington Regional Council

Greater Wellington Regional Council is welcoming the cancellation of Fridays rail strike, following the withdrawal of industrial action by the Rail and Maritime Transport Union. Read more »

Strike notice withdrawn by RMTU

Press Release – Transdev

We are pleased to confirm that good progress was made during the negotiation session both last night and today, and negotiations between Transdev Wellington, Hyundai Rotem and the RMTU will continue. Read more »

Renewed partnership to boost innovation in kiwifruit

Press Release – Zespri

Zespri welcomes the announcement by the Ministry of Business, Innovation and Employment today that it will support a renewed partnership with Zespri to develop new kiwifruit products and breeding technologies. Read more »

New CFO announced for BNZ

Press Release – BNZ

Today, BNZ Chief Executive Officer, Anthony Healy, announced that Mandy Rutherford, the former Chief Financial Officer of one of Malaysias largest banks has been appointed as BNZs Chief Financial Officer. The appointment is effective from Monday … Read more »

Towelling it tackles common Summer Irritation

Press Release – Towelling It

When Emma Lou first conceived of her business idea she was sitting on a West Auckland beach, covered in sand. Having resigned herself to taking two beach towels with her on beach excursions, Lou was facing the dilemma most Kiwis will face over the coming … Read more »

NZ business confidence tumbles to 8-year low in November

Article – BusinessDesk

NZ business confidence tumbles to 8-year low in November, kiwi drops By Sophie Boot Read more »

Woods needs to focus on petrol prices

Press Release – New Zealand National Party

Woods needs to focus on petrol prices The new Government needs to follow through on the previous Governments actions to ensure New Zealanders are paying a fair and reasonable price for petrol, National Party Energy and Resources Spokesman Jonathan … Read more »

Funds from petrol tax must ease congestion

Press Release – EMA

The EMA says for funds from Auckland Councils petrol tax must only be used for transport projects, if it is to have any impact on Aucklands deteriorating congestion. Read more »

Rainbow’s End Appoints New CEO

Press Release – Rainbow’s End

The Rainbows End Board of Directors is pleased to announce the appointment of Karen Crabb to the position of CEO, following the resignation of Chris Deere in August. Karen joins Rainbows End from Lion where she has held a number of senior executive … Read more »

Finzsoft extends Datacom relationship with $20m-plus deal

Press Release – Joint Press Release

Thursday 30 November, 2017 World-leading FinTech solutions provider, Finzsoft Solutions (NZX:FIN) has extended its relationship with technology and services firm Datacom to an alliance with the signing of a five-year, $20 million-plus deal. Read more »

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