How to form a company in NZ yourself for only $160.22

Press Release –

Starting out in business? Rather than spend money with your lawyer or accountant on forming a company, do it yourself online for only $160.22. Read more »

How To File An Annual Return With The Companies Office

Press Release –

Accountants and lawyers charge you fees to file annual returns with the Companies Office that many company owners can do themselves for nothing. Read more »

NZ business confidence falls to lowest level since September

Article – BusinessDesk

May 29 (BusinessDesk) – New Zealand business confidence slid to its lowest level since the general election last year as optimism about the economy waned and inflation expectations fell to a historic low. Read more »

Legendary Kiwi pleasure boat manufacture lures investors

Press Release – Bayleys

One of New Zealands most successful home-grown marine industry companies has been placed on the market for sale. Read more »

Hellaby sells packaging division to Coveris for about $30M

Article – BusinessDesk

May 29 (BusinessDesk) – Hellaby Holdings, the NZX-listed diversified investment company, has sold its packaging division to Coveris, one of the worlds largest plastic packaging and coatings companies. Read more »

Resolutions at RaySearch Laboratories AGM

Press Release – RaySearch Laboratories

At the Annual General Meeting of RaySearch Laboratories AB (publ) held on 28 May, 2015, the following resolutions were adopted: Read more »

Hellaby sells Packaging division

Press Release – Hellaby Holdings

Investment company Hellaby Holdings Limited (Hellaby) announced that it has today divested its Packaging division to Coveris, one of the worlds largest plastics packaging and coatings companies. Read more »

NZ dollar drops to four-year low on low Fonterra forecast

Article – BusinessDesk

NZ dollar drops to four-year low on concern low Fonterra payout will dent economy Read more »

FMA gets leave to appoint receivers to FX trader

Article – BusinessDesk

May 28 (BusinessDesk) – The High Court in Christchurch has granted an application from the Financial Markets Authority to appoint receivers to Christchurch company Arena Capital, trading as foreign exchange services provider BlackfortFX. Read more »

Receivers and managers appointed to Arena Capital

Press Release – Financial Markets Authority

The High Court in Christchurch has granted the Financial Markets Authoritys (FMA) application for Grant Graham and Neale Jackson of KordaMentha to be appointed as receivers and managers of Arena Capital Limited, trading as Blackfort FX (Arena/Blackfort). … Read more »

Supplement maker Promisia plans US launch after trial

Article – BusinessDesk

May 28 (BusinessDesk) – Promisia Integrative, which sells a dietary supplement to treat painful joint conditions like arthritis, is about to launch into the US market and test its product on dogs after positive preliminary results from its first human … Read more »

MYOB acquires NZ-based Ace Payroll for $14M

Press Release – MYOB

MYOB has further strengthened its position in the New Zealand payroll and accounting solutions market by signing an agreement to acquire Wellington-based Ace Payroll Plus Limited for a purchase price of NZ$14 million, the company announced today. Read more »

ERoad posts annual loss as sales miss prospectus forecast

Article – BusinessDesk

May 28 (BusinessDesk) – ERoad, the electronic road user charges and transport services company, posted a full-year loss in its maiden annual report as a public company, while sales missed its prospectus forecast. The shares fell. Read more »

Pushpay FY loss widens as pushes to grow US faith sector

Article – BusinessDesk

May 28 (BusinessDesk) – Pushpay Holdings, whose mobile payment app is helping churches raise money from parishioners, widened its annual loss even as sales surged and it invested in future growth. Read more »

Final steps to improve accounting and audit laws

Press Release – New Zealand Government

Commerce and Consumer Affairs Minister Paul Goldsmith says new law changes will enable the accounting and audit industry to be more efficient and effective. From 1 July, changes under the Financial Reporting Amendment Act and the Auditor Regulation Amendment … Read more »

Gentrack 1H profit rises by a third; flags risk to FY profit

Article – BusinessDesk

Gentrack first-half profit rises by a third; flags risk of not meeting full-year prospectus forecast Read more »

UPDATE: SkyCity convention centre could be delayed, CEO says

Article – BusinessDesk

UPDATE: SkyCity CEO says convention centre could be delayed by six months if consents are non-notified Read more »

SkyCity says 2H sales up 17.9% to date, eyes property

Article – BusinessDesk

SkyCity says 2H sales up 17.9% to date, considers property sales to help fund major projects Read more »

NZ dollar falls to two-month low on upbeat US economic data

Article – BusinessDesk

May 27 (BusinessDesk) – The New Zealand dollar fell to a two-month low as upbeat US economic data reinforced expectations the Federal Reserve will hike interest rates this year, boosting demand for the greenback. Read more »

BurgerFuel incentivised by council cash injection

Press Release – Upper Hutt City Council

BurgerFuel opened in Upper Hutt last week, with the help of an incentive from Councils Economic Development Stimulus Package. Read more »

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