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Archive for June, 2018

MARKET CLOSE: NZ shares taper off in strong June qtr

Article – BusinessDesk

MARKET CLOSE: NZ shares taper off in strong June qtr; Summerset, Ebos fall; Westpac gains By Paul McBeth Read more »

NZ dollar head for 1.9% weekly fall

Article – BusinessDesk

June 29 (BusinessDesk) – The New Zealand dollar is heading for a 1.9 percent weekly decline after touching a fresh two-year low in Asian trading but got a late bounce after European Union leaders agreed to set up joint asylum processing sites and restrict … Read more »

NZ exporters set sights on Indian market

Press Release – India Trade Alliance

Fulfilling potential relationships and leveraging opportunities between New Zealand and Indian markets was the key theme of the recent Reimagining India New Zealand Relationship nationwide series of talks. Read more »

Fonterra: policy shouldn’t reduce methane emissions to zero

Article – BusinessDesk

June 29 (BusinessDesk) – Fonterra Cooperative Group said it supports a target aimed at mitigating and stabilising methane emissions, but not seeking to reduce them to zero, in its submission on the productivity commision draft report on transitioning … Read more »

WEL Networks seeks up to $150M in listed bond offer

Article – BusinessDesk

WEL Networks seeks up to $150M in listed bond offer to repay bank debt By Paul McBeth Read more »

Faafoi gets insolvency practitioner licensing moving

Article – BusinessDesk

June 29 (BusinessDesk) – Commerce and Consumer Affairs Minister Kris Faafoi has put licensing insolvency practitioners back on the legislative agenda with a view for it to be it up and running next year. Read more »

Community rallies around Pak n Save workers

Press Release – First Union

Hastings Pak n Save workers are picketing their store once again as the owner refuses to listen to their concerns. Read more »

New bosses at The Warehouse don’t know how to do business

Press Release – First Union

New bosses at The Warehouse just dont know how to do business in New Zealand Jobs are on the line for 180 people across 99 stores at The Warehouse. The announcement of proposed staff cuts was made to Warehouse staff yesterday. FIRST Union organiser … Read more »

NZNO Strike Notice Withdrawn

Press Release – Southern District Health Board

New Zealand Nurses Organisation (NZNO) has withdrawn strike notice for Thursday 5 July. NZNO and representatives for the countrys 20 DHBs reached an agreement this afternoon on a revised offer, which the nurses union is expected to take to its … Read more »

New island of safety between Haast and Makarora

Press Release – NZTA

New island of sustainable cell coverage on the winding route between Haast and Makarora at Pleasant Flat NZ Transport Agency contractors have installed a new, short range cell site at the Department of Conservations Pleasant Flat campsite on State Highway … Read more »

AgResearch purchases full ownership of Farmax

Press Release – AgResearch

AgResearch has taken full ownership of agricultural software company Farmax Ltd by acquiring the shares of Brownrigg Agriculture, and Phil Tither, of AgFirst. Read more »

Government welcomes nurses breakthrough

Press Release – New Zealand Government

Acting Prime Minister Winston Peters and Health Minister Dr David Clark are pleased the District Health Boards have made a revised offer to the New Zealand Nurses Organisation that has seen the strike notice lifted for July 5. Read more »

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