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BusinessDesk goes public with new offer

Press Release – BusinessDesk

New Zealand has a new business news website with the launch of BusinessDesk at businessdesk.co.nz . Read more »

Kiwis spend more than expected in September

Article – BusinessDesk

New Zealanders are still opening their wallets although wet weather dampened some enthusiasm for spring clothing. Read more »

Red tape and levies cut in Building Act Overhaul

Article – BusinessDesk

The government plans to cut red tape for prefabricated building processes, introduce minimal building product standards and reduce building levies by 13 percent as part of a major overhaul of building law. Read more »

More dairy needed to achieve sustainable global diet

Article – BusinessDesk

While dairy consumption in Europe and North America exceeds the levels proposed in a sustainable reference diet modelled in an EAT-Lancet study earlier this year, the global average is still only about half that targeted, Jeremy Hill told delegates … Read more »

New Zealand manufacturers still struggling

Article – BusinessDesk

New Zealands manufacturing activity shrank for a third month in September as production hit its lowest level in more than seven years. Read more »

Walmart US boss flies home as incoming Air NZ CEO

Article – BusinessDesk

Air New Zealand has appointed Greg Foran, currently chief executive of Walmart US, as its new CEO from early next year. Read more »

Michael Hill Q1 sales rise 9.7%

Article – BusinessDesk

Jeweller Michael Hill International reported a 9.7 percent lift in September-quarter sales but said margin compression continues. Read more »

Sky fightback sees it keep Cricket World Cup rights

Article – BusinessDesk

Sky Network Television bounced back from yesterday’s loss of the domestic cricket broadcasting rights with a deal that will see it keep world cup coverage for the next four years. Read more »

NZ dollar falls against British pound

Article – BusinessDesk

The New Zealand dollar tumbled against the British pound after Ireland’s prime minister said a Brexit deal by Oct. 31 is possible. Read more »

MARKET CLOSE: NZ shares fall; Sky routed

Article – BusinessDesk

New Zealand shares fell as Sky Network Television was routed by the loss of its rights to broadcast domestic cricket matches, the stock slumping to an all-time low in heavy trading. Read more »

NZ dollar rises as US-China trade negotiations dominate

Article – BusinessDesk

The New Zealand dollar firmed slightly after being batted hither and yon by news reports emanating from the China-US trade negotiations. Read more »

ASB sells Aegis investment administrator to MMC

Article – BusinessDesk

ASB Bank says it has sold its investment administration and custody business Aegis to MMC, a specialist outsourcing and investment administration business based in Auckland, for an undisclosed sum. Read more »

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