Archive for March, 2018

RBNZ registers Bank of China to provide banking services

Article – BusinessDesk

RBNZ registers Bank of China to provide banking services in New Zealand as a branch Read more »

Hallenstein reports $15m 1H profit on strong Christmas sales

Article – BusinessDesk

March 29 (BusinessDesk) – Hallenstein Glasson Holdings has lifted its first-half dividend and says its two core brands, Glassons and Hallenstein Brothers, are in a strong position going into winter trading. Read more »

Employment changes not good for flexibility, productivity

Press Release – BusinessNZ

Employment changes not good for flexibility, productivity BusinessNZ says proposed changes to employment law should be carefully scrutinised to ensure the strengths of the current employment relations framework are not lost. Read more »

Overseas Investment Office clears Horizon Oil

Article – BusinessDesk

March 29 (BusinessDesk) – The Overseas Investment Office gave ASX-listed Horizon Oil International a green light to buy a 16 percent stake in the Maari and Manaia oil fields and joint venture assets off the Taranaki coast from Todd Corp. Read more »

Funding for Christchurch rebuild confirmed

Press Release – New Zealand National Party

Funding for Christchurch rebuild confirmed There has been widespread concern in the Christchurch community that Labour has rescinded some of the funding appropriated by National to support the rebuild of Christchurch, National Party Spokesperson for … Read more »

New Temuka water main now live

Press Release – Timaru District Council

The last piece of the multi-million dollar replacement of the water main serving Temuka and Winchester has been put in place and the main is now live. Read more »

SMC Bulletin – Can we fix our prisons?

Press Release – Science Media Centre

Can we fix our prisons? Building new prisons won’t fix the problem with New Zealand’s justice system, instead, we need to focus on prevention and early intervention, according to a new report from the Office of the Prime Minister’s Chief Science Advisor. Read more »

Beef + Lamb on New animal welfare regulations

Press Release – Beef And Lamb NZ

The introduction of regulations to support compliance with New Zealands animal welfare legislation will add further weight to New Zealands animal welfare standards, according to Beef + Lamb New Zealand. Dave Harrison, General Manager Policy and Advocacy … Read more »

Big benefits from reducing peak energy use

Press Release – EECA

Reducing electricity demand at peak times is again shown to be a key opportunity for New Zealand to limit the need for more electricity infrastructure spending, and reduce emissions. Read more »

REINZ welcomes the bright-line passing its third reading

Press Release – REINZ

The Real Estate Institute of New Zealand (REINZ) welcomes the fact that the Taxation (Annual Rates for 201718, Employment and Investment Income, and Remedial Matters) Bill passed its third reading in parliament last night in relation to the bright-line … Read more »

Call for improved price signals welcomed

Press Release – Electricity Authority

The Electricity Authority welcomes a new report which highlights that more work can be done to encourage people to reduce electricity use at peak times. Read more »

CBD retail strips remain tight but rents are static

Press Release – Colliers International

Auckland, March 29, 2018 The CBD retail strips in Auckland and Wellington remain tight but rents are static as retailers wait for the right spaces to become available, Colliers International research has found. Read more »

Vensa Health named Innovative Hi-Tech Software finalist

Press Release – Vensa Health

AUCKLAND, NZ, 29 March, 2018 Vensa Health , a leading New Zealand health software company, has been named a finalist in the Duncan Cotterill Innovative Hi-Tech Software Award category in this years New Zealand Hi-Tech Awards. Read more »

$2.6 billion boost to the economy

Press Release – Te Runanga o Ngai Tahu

A report released today in Parliament by Hon Willie Jackson, Te Rnanga o Ngi Tahu, BERL and Tokona Te Raki shows that if current inequalities in education, employment and income for Mori are alleviated there would be a $2.6 billion per year boost … Read more »

Tourism industry backs sustainable employment

Press Release – Tourism Industry Aotearoa

Tourism operators need to embrace the increase in the minimum wage and strive to be employers of choice, says Tourism Industry Aotearoa Chief Executive Chris Roberts. Read more »

Zespri on track for another lift in kiwifruit crop

Article – BusinessDesk

March 29 (BusinessDesk) – The New Zealand-grown kiwifruit crop is expected to be about 20 million trays or 70,000 tonnes higher than it was last year, Zespri Group, the country’s statutory kiwifruit exporter, said in a release. Read more »

Michelle Jablko joins ANZ Bank New Zealand Limited Board

Press Release – ANZ Bank

ANZ announced today that Michelle Jablko will join the ANZ New Zealand Board of Directors as a non-executive director. The appointment is effective from today. Read more »

T&G Global names new chief executive

Article – BusinessDesk

March 29 (BusinessDesk) – T&G Global named a new chief executive and chief operating officer to lead the fruit marketer, and said the acting chief executive will step down at the end of this month. Read more »

Workplace Bill proposes changes to union access

Press Release – EMA

EMA is encouraging business to look at proposed changes in the Employment Relations Amendment Bill relating to union access to workplaces. Read more »

Real estate investors to lose tax loophole

Article – BusinessDesk

March 29 (BusinessDesk) – Investors and speculators will lose their ability to offset losses on residential properties to reduce their tax on other income from April 1 next year, if proposals in an Inland Revenue Department issues paper published today … Read more »

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