UDC Finance’s Chinese-Sale Built on ‘a House of Renminbi’

Press Release – New Zealand First Party

Rt Hon Winston Peters New Zealand First Leader Member of Parliament for Northland 27 JULY 2017 UDC Finances Chinese-Sale Built on a House of Renminbi Read more »

ComCom Declines Vero/Tower Merger

Press Release – BusinessDesk

The Commerce Commission is signalling a high tide mark for mergers in the general insurance market, turning down an application by the second and third largest providers of house, contents and vehicle cover, Vero New Zealand and Tower. Read more »

KiwiSaver capital boosts Awatere River Wine Company

Press Release – Awatere River Wine Compnay

A significant capital investment in the Awatere River Wine Company from game-changing KiwiSaver fund Booster heralds a new era for the Marlborough producer. Read more »

Small Firms’ Growth Expectations Hit Two-Year High

Press Release – ANZ Business NZ

After a slow start to the year, confidence among small businesses rebounded in the June quarter, and their activity expectations are the highest in two years, according to ANZs Business Micro Scope survey. Read more »

Canterbury’s Public And Private Health Systems Unite

Press Release – Maia Health Foundation

Just over one year after it was launched, Mia Health Foundation is pleased to announce its fourth Founding Business Partner, Fort Health. Read more »

Fuji Decision to Temporarily Suspend New Sales & Marketing

Speech – Fuji Xerox

Decision to temporarily suspend new sales and marketing activities to eligible agencies under three All-of-Government contracts. Read more »

Commission declines Vero clearance to acquire Tower

Press Release – Commerce Commission

The Commerce Commission has declined to grant clearance to Vero Insurance New Zealand Limited to acquire up to 100% of the shares in Tower Limited. Read more »

Suncorp disappointed by decision on Tower

Press Release – Suncorp

Suncorp Group Limited (Suncorp) today said it was disappointed that the New Zealand Commerce Commission had declined the application of Vero Insurance New Zealand Limited (a wholly owned subsidiary of Suncorp) to acquire Tower Limited (Tower). Read more »

Statement of Preliminary Issues Released for Trade Me Ltd

Press Release – Commerce Commission

The Commerce Commission has published a statement of preliminary issues relating to Trade Me Limiteds (Trade Me) proposed acquisition of up to 100% of the shares in Limelight Software Limited, trading as Motorcentral. Read more »

Future Mobility plans $1.5 mln acquisition of Lancer

Article – BusinessDesk

July 24 (BusinessDesk) – Future Mobility Solutions, the company formerly known as SeaLegs, plans to buy Lancer Industries for $1.5 million in cash and shares as it attempts to become more competitive in the oil barge sector. Read more »

Warehouse shares halted pending company announcement

Article – BusinessDesk

July 24 (BusinessDesk) – Warehouse Group, known for its flagship ‘red shed’ discount department stores, had its shares halted on the New Zealand stock exchange pending an announcement by the company. Read more »

Commission releases 2017/18 priorities

Press Release – Commerce Commission

The Commerce Commission have released its priority focus areas for the upcoming year publicly for the first time. Read more »

Slingshot powers higher in Auckland

Article – BusinessDesk

July 19 (BusinessDesk) – Slingshot, owned by ASX-listed telecommunications company Vocus Communications New Zealand, was the top growing power company in Auckland last month, despite not being officially launched and only selling power to existing broadband … Read more »

F&P Healthcare’s Gradon sells almost one third of his shares

Article – BusinessDesk

July 18 (BusinessDesk) – Fisher & Paykel Healthcare managing director Lewis Gradon sold almost one third of his shares in the medical device maker, raising about $3.1 million to help buy a house. Read more »

F&P Healthcare’s Gradon sells almost half his shares

Article – BusinessDesk

July 18 (BusinessDesk) – Fisher & Paykel Healthcare managing director Lewis Gradon sold almost half of his shares in the medical device maker, raising about $3.1 million to help buy a house. Read more »

Slingshot Fastest Growing Power Company in Auckland

Press Release – Slingshot

Telco Slingshot was the top growing power company in Auckland last month, despite not being officially launched, and only selling power to existing broadband customers during a soft launch phase. Slingshot General Manager, Taryn Hamilton, says the company … Read more »

Household Essential Costs Up, Petrol & Holiday Prices Down

Press Release – Statistics New Zealand

18 July 2017 – The consumers price index (CPI) was flat overall in the June 2017 quarter (0.0 percent inflation), down 0.1 percent after seasonal adjustment, Stats NZ said today. The annual inflation rate was 1.7 percent, down from 2.2 percent in … Read more »

Briscoe Group to join ASX from midday Sydney time Wednesday

Article – BusinessDesk

July 17 (BusinessDesk) – Briscoe Group said it will be admitted to the official list of the ASX, as a foreign exempt entity, from midday in Australia Wednesday and official quotation of the group’s securities will begin at 11 am Sydney time Thursday. Read more »

NZ Businesses Fall Behind In Social Responsibility

Press Release – GSK New Zealand

Some of New Zealands largest businesses are lagging behind their international counterparts in their levels of corporate social responsibility (CSR) according to new data. Read more »

‘The Pick’ Entrepreneurial Competition Entries Closing

Press Release – The Orchard

17th July – A rare chance to win the support to start your own business is still open with entries to The Pick entrepreneurial contest closing Monday 24th July. Read more »

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