Business Scoop

Archive for May, 2018

Ara’s Kahukura Only NZ Building Honoured

Press Release – Ara

Aras new architecture and engineering school, Kahukura, has been awarded for its innovative learning environment design at an awards ceremony in Sydney. Read more »

NZ firms get even gloomier as profit expectations dwindle

Article – BusinessDesk

May 31 (BusinessDesk) – New Zealand business confidence got even gloomier in May as firms, especially retailers, expect slower activity and more are now anticipating earnings to shrink in the coming year. Read more »

MYOB formally withdraws merger application for Reckon

Press Release – Commerce Commission

MYOB Group Limited has today formally withdrawn its application to acquire the Accountants Group business of Reckon Limited (Reckon). Read more »

Business confidence continues to falter

Press Release – New Zealand National Party

Businesses have delivered a stinging appraisal of this months Budget as confidence in New Zealands economy continues to fall, Nationals Economic Development spokesperson Paul Goldsmith says. Read more »

2degrees lifts profit 33% in 2017 on increased revenue

Article – BusinessDesk

May 31 (BusinessDesk) – Telecommunications provider Two Degrees Mobile lifted net profit 33 percent in 2017, with revenue gains outpacing costs and the bottom line boosted by tax credits. Read more »

Tourism industry keen to discuss visitor tax

Press Release – Tourism Industry Aotearoa

Tourism industry keen to discuss visitor tax How and where any new tax on our international visitors will be spent are critical to tourism industry acceptance of the Governments plans, Tourism Industry Aotearoa says. In a speech at a tourism industry event today, … Read more »

Booster First into SRI Global Corporate Bonds Market

Press Release – Booster Financial Services

Wellington, 31 May 2018 Booster Financial Services continues to lead the way in socially responsible investments (SRI) by today confirming its commitment to seed a new global bond fund product. Read more »

New Code of Banking Practice published today

Press Release – Banking Ombudsman

New Code of Banking Practice published today The New Zealand Bankers Association has today published the sixth edition of the Code of Banking Practice. The sixth edition adopts a principles-based approach which the Banking Ombudsman Scheme (BOS) … Read more »

Refreshed Banking Code sets out customer promises simply

Press Release – NZ Bankers’ Association

Refreshed Banking Code sets out customer promises simply The New Zealand Bankers Association (NZBA) has launched a new edition of the Code of Banking Practice aimed at giving all customers a good banking experience. It sets out clearly what you can … Read more »

Rio Tinto’s Tiwai Point triples annual earnings

Article – BusinessDesk

May 31 (BusinessDesk) – Rio Tinto’s Pacific Aluminium (New Zealand) unit tripled annual earnings from its controlling stake in the aluminium smelter at Tiwai Point on stronger metal prices, although it anticipates higher transmission costs from … Read more »

Restaurant Brands 1Q sales rise 12%

Article – BusinessDesk

May 31 (BusinessDesk) – Restaurant Brands New Zealand lifted first-quarter sales 12 percent after the fast-food operator acquired a further 13 KFC stores in Australia. Read more »

Emerging Tech event focuses on people

Press Release – HINZ

People were the focus of the Emerging Tech in Health symposium held in Christchurch on 22 May. Read more »

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