Choice Hotels Adds Kaikoura to NZ Portfolio

Press Release – Choice Hotels

Choice Hotels Australasia, one of Australasias largest hotel franchisors, welcomes Quality Suites Kaikoura to its growing portfolio. Based in the seaside town of Kaikoura, the addition of Quality Suites Kaikoura will take its New Zealand offering to 35 … Read more »

Broadband failure sucks up more cash

Press Release – New Zealand Labour Party

The Commerce Committee has blocked an inquiry into the $300 million rural broadband initiative (RBI) despite mounting evidence its a massive policy failure and waste of money, says Labours ICT spokesperson Clare Curran. Read more »

BAT NZ sucks up excise tax hike as annual earnings slip 3.9%

Article – BusinessDesk

July 3 (BusinessDesk) – British American Tobacco Holdings (New Zealand), the nation’s largest cigarette company, reported a 3.9 percent decline in annual profit as it absorbed the government’s latest hike in excise tax. Read more »

Murray Radford resigns as chairman of Mowbray

Article – BusinessDesk

July 3 (BusinessDesk) – Murray Radford will retire as chairman of Mowbray Collectibles as the auction house prepares to rename as Bethunes after selling units and repaying debt. Read more »

Update on ‘big five’ insolvency issues

Press Release – Chapman Tripp

Over the last couple of years, we have developed the habit of periodically pushing up the periscope to try to determine the big five insolvency issues on the horizon. Read more »

Job market growing despite lower business confidence

Press Release – Trade Me Limited

Despite waning employment confidence according to Westpac: McDermott Miller , Trade Me Jobs continues to see healthy signs in the New Zealand employment market. Read more »

PledgeMe seeks $250k

Press Release – PledgeMe

PledgeMe launched its second round of equity crowdfunding today , seeking a minimum of $250,000 investment. Read more »

Fuming at the Petrol Pump

Press Release – Canstar Blue

Kiwis quality of life impacted by the cost of fuel Auckland, Friday 3 July- A new survey by consumer research company, Canstar Blue has lifted the petrol cap on Kiwis service station habits showing that 43% of New Zealanders quality of life is impacted … Read more »

Update on fast track amendments for IM review

Press Release – Commerce Commission

The Commerce Commission has today decided to fast track the consideration of airport land valuation rules as part of the input methodologies (IM) review announced on 10 June. Read more »

Argenta acquires manufacturing facility in Iowa, USA

Press Release – Argenta

July 2, 2015 Argenta, a New Zealand owned pharmaceutical company dedicated to the health of animals, announced today it has acquired the manufacturing facility located at 141 Riverside Drive in Fort Dodge, Iowa, USA. Sitting on 6.2 hectares, … Read more »

Metrix to exit metering contract with Trustpower

Press Release – Mighty River Power

Mighty River Powers metering business Metrix confirmed today that it will exit the contract entered into with Trustpower in July 2014, to provide metering services. Metrix Chief Executive Matthew Olde said following a review of systems development … Read more »

Migration Agent Adopts Secured Signing

Press Release – Secured Signing

No one likes waiting, least of all to get paid. ASC Migration use Secured Signing to turn around agreements more quickly to get paid sooner. Read more »

Fletcher gets nod as preferred partner in Chch development

Article – BusinessDesk

Fletcher gets nod as preferred partner in Chch development as govt eyes next stage of rebuild Read more »

Developer chosen for inner city neighbourhoods

Press Release – New Zealand Government

Canterbury Earthquake Recovery Minister Gerry Brownlee has welcomed the appointment of a preferred development partner for an exciting new era of inner city living in Christchurch. Read more »

UPDATE: Chorus falls after regulator ruling

Article – BusinessDesk

July 2 (BusinessDesk) – Chorus shares fell after the Commerce Commission’s latest ruling on wholesale telecommunications prices were largely unchanged, though the regulator changed tack on whether any update will be backdated. Read more »

Bleak Times for NZ as Dairy Prices Continue to Slide

Press Release – New Zealand First Party

Bleak Times for NZ as Dairy Prices Continue to Slide The outlook for the New Zealand economy, as dairy prices took another huge tumble overnight, is bleak as New Zealand First has consistently warned. On one hand we have an economy at a standstill … Read more »

Low dairy prices highlight the failure of National

Press Release – Green Party

Further falls overnight in dairy auction prices have highlighted the failure of Nationals economic strategy, the Green Party said today. Read more »

Government Welcomes Successful WTO Trade Policy Review

Press Release – New Zealand Government

Trade Minister Tim Groser today welcomed the conclusions of the 5th World Trade Organisation Trade Policy Review of New Zealand. Once again NZ has been highly commended by the WTO for maintaining an open and transparent trade policy regime, says Mr Groser. Read more »

Minister marks end of successful development

Press Release – New Zealand Government

Energy and Resources Minister Simon Bridges today congratulates OMV on their successful completion of the Maari Growth campaign in offshore Taranaki. OMV have announced that their drilling campaign is now completed, with the capacity of the Maari field … Read more »

Tony Alexander – Sporadic Issue 12

Press Release – BNZ

Tony Alexander Sporadic Issue 12 In this issue of Sporadic I take a look at the many factors which are causing economic forecasts to be wrong and repeat earlier warnings that businesses need to explicitly allow for unpredictable operating environment … Read more »

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