Russell McVeagh acts on 2017’s largest M&A deals

Press Release – Russell McVeagh

The leading law firm has topped the list of New Zealand firms advising on the largest value deals throughout Australasia last year. Read more »

E-cigarettes now available in leading supermarkets

Press Release – Hapai Te Hauora

Some major supermarkets across Aotearoa are now selling e-cigarettes. Meanwhile excise tax on tobacco products have increased by a further 10 percent this month. Read more »

Record lamb and mutton receipts and second highest for beef

Press Release – NZ Beef and Lamb

Red meat export receipts reached a record high for the December quarter of the 2017-18 season, according to an analysis by Beef + Lamb New Zealand’s (B+LNZ) Economic Service. Read more »

Study into telecommunication backhaul services starts

Press Release – Commerce Commission

‘Backhaul’ is a generic term used by the industry to describe a link that carries mobile, internet and voice traffic back from local exchanges, mobile and wireless sites to the core networks of service providers like Vocus, Vodafone, and Spark. Read more »

Russell McVeagh advises on sale of Paymark

Press Release – Russell McVeagh

Acting for the bank shareholders of Paymark (ANZ, ASB, BNZ and Westpac), the law firm is advising on its signing of a $190 million sale agreement with Ingenico Group, the global leader in seamless payment. Read more »

HiFX Morning Update 19 Jan 2018

Article – HiFX

The NZD opens at 0.7302 (Mid-rate) this morning. The lack of outright movement since yesterday belies the fact that it was actually a relatively volatile day. The Kiwi broke through 0.7300, trading to a high of 0.7331 before getting knocked back to … Read more »

Company BFM® Global Wins Patent Infringement Action in China

Press Release – BFM Fittings

BFM Global (BFM) announced today that it has prevailed in a Chinese patent infringement action against two counterfeit product manufacturers in China. Read more »

New videos and quick guides on competition law

Press Release – Commerce Commission

The Commerce Commission has launched a new series of videos and quick guides to help businesses and procurers understand competition law. Read more »

Retailers can survive Amazon by re-educating sales approach

Press Release – Ed Ludbrook

While many New Zealand mom and pop retailers are dreading the arrival of online giant Amazon in Australia this year, one of this countrys bestselling business authors and hyper-growth leadership experts, Ed Ludbrook, suggests retailers have nothing … Read more »

ComCom warns NZ Trustees Association over invoices

Article – BusinessDesk

Jan. 17 (BusinessDesk) – The Commerce Commission has formally warned the New Zealand Trustees Association over invoices sent out to charities for unsolicited membership services saying it breached the Fair Trading Act. Read more »

For the love of Cards – Kiwis and credit card spending

Press Release – Canstar

In the years since the global financial crisis, Kiwis credit card spending has sky-rocketed by nearly 50%. By the end of 2017 its projected that we will have spent over $43 billion dollars on our plastic friends in the last 12 months, but failing to pay … Read more »

ComCom: Warning to Trustees Association Charitable Trust

Press Release – Commerce Commission

The Commission has issued a warning to NZ Trustees Association Charitable Trust (the Trustees Association) about concerns with invoices it sent to registered New Zealand charities for membership services. Read more »

Debt collection group to credit customers overcharged

Press Release – Commerce Commission

Debt collection group Receivables Management has agreed to credit more than $1.4 million to around 1,700 customers who were wrongly charged interest, costs and fees on loans after their goods had been repossessed and sold. Read more »

Long-serving manager to retire from Skyline Enterprises

Press Release – Skyline Enterprises

One of Skyline Enterprises longest-serving senior managers, Rotorua-based Neville Nicholson, is retiring in April 2018 after 34 years with the company. Read more »

Retail card spending up in December

Press Release – Statistics New Zealand

Retail card spending rose 0.5 percent in the December 2017 month when adjusted for seasonal effects, Stats NZ said today. This is the fourth consecutive monthly rise in retail card spending. Read more »

NZ food prices slip in December as fruit, veges in season

Article – BusinessDesk

Jan. 15 (BusinessDesk) – New Zealand food prices eased on the month in December as fresh produce came into season but were still higher on the year as dairy, fruit and vegetable prices continued to pressure people’s wallets. Read more »

PGP review puts brakes on research and development

Press Release – New Zealand National Party

The cynical timing of a review of the Primary Growth Partnership over the summer break illustrates the coalition Governments priorities do not lie with growing the primary sector, National Party Spokesperson for Primary Industries Nathan Guy … Read more »

OIO investigates Agria’s ‘Good Character’ status

Article – BusinessDesk

Jan. 10 (BusinessDesk) – The Overseas Investment Office is investigating the “good character” status of China’s Agria Corp, PGG Wrightson largest shareholder, after the company was formally delisted from the New York Stock Exchange early last … Read more »

Commission alerts public to LuxStyle online sales method

Press Release – Commerce Commission

The Commerce Commission is alerting the public to be wary when browsing for products online on sites operated by Lux International Sales ApS (LuxStyle), a company based in Denmark. Read more »

2018 CES: Brian Krzanich’s Opening Night Keynote

Press Release – Consumer Technology Association

Intel Corporation CEO Brian Krzanich delivered the official 2018 CES preshow keynote Monday at the Park Theater in the Monte Carlo hotel in Las Vegas. Krzanich illustrated how data is transforming the world around us and how Intel is driving the next great … Read more »

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