Archive for February, 2018

MARKET CLOSE: NZ shares mixed; Sky TV, Fletcher fall

Article – BusinessDesk

Feb. 28 (BusinessDesk) – New Zealand shares were mixed, with Sky Network Television sinking to a ten-week low while Synlait Milk and Trade Me Group gained. Read more »

NZ dollar falls OnFed chair’s upbeat economic outlook

Article – BusinessDesk

NZ dollar falls as Fed chair Powell’s upbeat economic outlook prompts US rate rethink Read more »

Tower settles with reinsurer Peak Re over policy dispute

Article – BusinessDesk

Feb. 28 (BusinessDesk) – Tower has reached a settlement with reinsurer Peak Re over a dispute relating to its 2015 adverse conditions cover, and will get about half what it’s claimed. Read more »

Finney quits chief information officer role at Fletcher

Article – BusinessDesk

Finney quits chief information officer role at Fletcher that was created by former CEO Adamson Read more »

Vodafone to offer new SKY pricing

Press Release – Vodafone

Vodafone to offer new SKY pricing Vodafone welcomes a bold move by SKY TV today to shake up its pricing and packages for the first time in many years. From tomorrow, SKY TV will split its SKY Basic package into two parts SKY Starter and SKY entertainment. … Read more »

Mad Butcher sale fair to Veritas shareholders

Article – BusinessDesk

Feb. 28 (BusinessDesk) – Veritas Investment’s proposed sale of the Mad Butcher franchisor to chief executive Michael Morton for $8 million is fair to non-associated shareholders, avoiding “more dire” consequences if it doesn’t go ahead, says the independent … Read more »

Poll finds 75% want independent analysis on TPPA-11

Press Release – ActionStation

Poll finds 75% of New Zealanders want independent analysis on TPPA-11 before its signed Media release: ActionStation Read more »

Wellington Drive lines up first acquisition – iProximity

Article – BusinessDesk

Wellington Drive lines up first acquisition with option to buy iProximity for A$4.3m Read more »

John Key, chair of ANZ NZ, gets tapped for parent ANZ board

Article – BusinessDesk

Feb. 28 (BusinessDesk) – Former Prime Minister John Key has been named to the board of Australia & New Zealand Banking Group, having served as chair of the lender’s New Zealand unit since January. Read more »

Kaikōura, SH1, reopening Friday after slip clearances

Press Release – NZTA

Journey time much longer, Lewis Pass route fewer delays The NZ Transport Agency will reopen State Highway 1 through Kaikura fromFriday, 2 March, following extensive landslip removal following ex-cyclone Gita. Read more »

Pedestrian-friendly main street for Manukau

Press Release – Panuku Development Auckland

The upgrade of Putney Way into a pedestrian-friendly main street for central Manukau starts next week. The upgrade will include a new single-level surface extending from the new bus station to the opposite pathway. Native trees will be planted along both … Read more »

EPA urges airports to plan phase-out of dangerous foams

Press Release – Environmental Protection Authority

The Environmental Protection Authority is urging airports that may have fire-fighting foams containing PFOS to begin immediate planning to phase them out. Read more »

Sky TV shares sink to two-month low

Article – BusinessDesk

Feb. 28 (BusinessDesk) – Sky Network Television shares fell to a two-month low after the pay-TV operator halved its interim dividend, retaining cash after cutting the price of its most basic product as it gears up for what may be an expensive battle … Read more »

Linked employer-employee data: December 2016 quarter

Press Release – Statistics New Zealand

Linked employer-employee data (LEED) for the December 2016 quarter is now available on NZ.Stat . The usual default view of data is not available for these tables. Read more »

Construction starts on NZ’s highest residential building

Press Release – Shundi Customs

Construction is now underway on Seascape Apartments, which will be the highest residential building in New Zealand, only exceeded in height by the Sky Tower. When it is complete, the 52-storey Seascape Apartments will transform the Auckland skyline. Read more »

Jewellery makers seek global audience

Press Release – Creative New Zealand

Jewellery makers seek global audience at international trade fair Some of New Zealands top jewellery makers will show their work to curators, gallerists and collectors at one of the largest and most influential trade fairs in Munich, Germany. The delegation … Read more »

Transpower releases Security of Supply Annual Assessment

Press Release – BusinessDesk

Transpower today advised that there is sufficient consented generation available to ensure a reliable electricity supply until at least 2027 assuming the industry continues to rely on thermal generation. Read more »

NZMA joins call for independent health assessment of CPTPP

Press Release – NZMA

The New Zealand Medical Association (NZMA) joins with the Association of Salaried Medical Specialists (ASMS) in reiterating its call for an independent health impact assessment of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership … Read more »

Vista shares climb on 57% gain in operating profit

Article – BusinessDesk

Vista shares climb on 57% gain in operating profit as sales grow faster than costs Read more »

Takaka Hill, SH60, latest update – new weekend open times

Press Release – NZTA

Takaka Hill, SH60, latest update new weekend open times State Highway 60, the Takaka Hill road, damaged in the aftermath of ex-cyclone Gita, continues to be opened twice each day 7-8 am and 5-6 pm, says the NZ Transport Agency. These two times … Read more »

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