Archive for January, 2018

MARKET CLOSE: NZ shares jump 1.7% on heavier turnover

Article – BusinessDesk

Jan. 31 (BusinessDesk) – New Zealand shares rose on a busier day than usual, marking the final day of trading for one-time market darling Xero. SkyCity Entertainment Group, Air New Zealand and Sky Network Television gained. Read more »

NZ dollar climbs above 91 Aust cts on inflation data

Article – BusinessDesk

NZ dollar climbs above 91 Aust cts as inflation misses expectations; greenback still out of favour Read more »

Sue Suckling replaced by Pete Hodgson at Callaghan

Article – BusinessDesk

Jan. 31 (BusinessDesk) – The founding chair of the government’s commercialisation incubator Callaghan Innovation, Sue Suckling, has been replaced by the former Research, Science and Technology Minister in the Helen Clark government, Pete Hodgson. Read more »

MSC process transparent and scientifically robust

Press Release – Marine Stewardship Council

MSC process transparent and scientifically robust, encourages stakeholder input 31 January 2018 New Zealand – The Marine Stewardship Councils (MSC ) vision is to keep our oceans teeming with life and to safeguard seafood supplies for future … Read more »

Southern Pastures ties up with Westland Milk

Article – BusinessDesk

Jan. 31 (BusinessDesk) – Dairy farm fund Southern Pastures LP, which took a quarter stake in Lewis Road Creamery last year, will link with Westland Milk Products as a supplier from the 2018/19 season and with plans for a high-value product joint … Read more »

NZX seeks closer ties with Hong Kong Exchange

Article – BusinessDesk

Jan. 31 (BusinessDesk) – NZX has signed a memorandum of understanding with Hong Kong Exchanges and Clearing to investigate broader regional product development, and both have one eye firmly on green finance and sustainability initiatives. Read more »

Workplace English skills help migrants step up

Press Release – English Language Partners New Zealand

English Language Partners is one of five national organisations calling for more support to improve workforce literacy and numeracy in New Zealand. Read more »

Labour will work with business over confidence concerns

Article – BusinessDesk

Jan. 31 (BusinessDesk) – Finance Minister Grant Robertson says weaker business confidence in recent surveys reflect perceptions of the new Labour-led government, but he and other ministers will still be seeking to allay concerns. Read more »

No negative returns for KiwiSaver funds in 2017

Article – BusinessDesk

Jan. 31 (BusinessDesk) – All 146 KiwiSaver products offered by 16 providers generated a positive return for their investors in 2017, a year that delivered strong gains on equity markets with the local benchmark S&P/NZX 50 Index jumping 22 percent. Read more »

National’s English quashes leadership speculation

Article – BusinessDesk

Jan. 31 (BusinessDesk) – Opposition leader Bill English quashed speculation members of the National Party’s caucus want to change leadership, with rumours surfacing just ahead of his first major speech of the year. Read more »

Workplace a great place for Mercury people

Press Release – Mercury Energy

Mercury has been named as the winner for Best Enterprise Workplace in IBMs 2017 Best Workplaces Awards. Read more »

Freedom camping discussions important step to action

Press Release – Local Government NZ

The growth in freedom camping this summer has brought its negative impacts to a head and Local Government New Zealand welcomes Tourism Minister Hon Kelvin Davis invitation to mayors to discuss the issue. Read more »

Urgent call to improve workforce literacy in New Zealand

Press Release – Literacy Alliance

Five national organisations are calling for more support to improve workforce literacy and numeracy in New Zealand. Read more »

New Zealand 2018 Apple and Pear Crop Forecast Released

Press Release – Apple and Pear Industry

The New Zealand apple and pear industry is forecasting a modest gross crop for 2018, according to the annual crop estimate just released. The forecast gross crop of 576,172 metric tonnes, is down on forecast for 2017 and similar to that achieved in 2015. Read more »

Budget Policy shows some progress, but more work is needed

Press Release – CPAG

— Treasurys Budget Policy Statement (BPS) 2018 indicates some real progress in terms of social wellbeing, but there are still outstanding issues that need to be urgently considered ahead of the upcoming Budget, says Child Poverty Action Group … Read more »

Grant Robertson to deliver first Budget on May 17

Article – BusinessDesk

Jan. 31 (BusinessDesk) – The government has set Thursday, May 17 as the date for its first Budget. Read more »

New Callaghan Board Chair appointed

Press Release – New Zealand Government

Research, Science and Innovation Minister Megan Woods today has announced that Pete Hodgson has been appointed as the new Chair of the Callaghan Innovation Board. Read more »

Airport company buys hotel and conference centre

Press Release – Waikato Regional Airport Limited

The sale includes the acquisition of all buildings and the ground lease as well as the existing hotel and conference business. Read more »

Trees, trains and trade unions drive nostalgic govt: English

Article – BusinessDesk

Jan. 31 (BusinessDesk) – The Labour-led government’s policy agenda is driven by “a nostalgic belief in trees, trains and trade unions,” said Opposition leader Bill English in a State of the Nation address in Wellington overshadowed by media … Read more »

Grass-fed milk at the heart of Westland-Southern Pastures JV

Press Release – Westland Milk Products

A growing global demand for free-range, grass-fed milk lies at the heart of an agreement today that will see Southern Pastures LP New Zealands largest dairy farmland fund become a shareholder of Westland Milk Products New Zealands second … Read more »

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