RESEND: NZ dollar falls as benign inflation weighs on kiwi

Article – BusinessDesk

Oct. 23 (BusinessDesk) – The New Zealand dollar fell after figures showed inflation in the third quarter was slower than the Reserve Bank had forecast, giving it less reason to resume raising interest rates after pausing its tightening cycle in July. Read more »

More collaborative Roading professional services contract

Press Release – Thames Coromandel District Council

Starting Saturday 1 November, Opus International Consultants Ltd (Opus) will deliver our Professional Services contract for a three year term, with the option of two further one year extensions of contract. Read more »

CarbonScape seeks $1.5M from crowd with ‘green coke’ offer

Article – BusinessDesk

Oct. 23 (BusinessDesk) – CarbonScape, which makes “green” coking charcoal, wants to raise as much as $1.5 million from equity crowd funding to commercialise its product for the steel manufacturing market. Read more »

NZ Yarn acquires Christchurch Yarns

Press Release – Elders Primary Wool

In a joint release, NZ Yarn and the Receiver for Christchurch Yarns have today announced the NZ Yarn offer has gone unconditional in acquiring the business of Christchurch Yarns. Read more »

Cavalier Wool Holdings merger with NZWSI

Press Release – Commerce Commission

The Commerce Commission has received an application from Cavalier Wool Holdings Limited (Cavalier) seeking authorisation to acquire New Zealand Wool Services International Limiteds (WSI) wool scouring business. Read more »

ANZ gets behind Grand Designs New Zealand

Press Release – ANZ New Zealand

ANZ New Zealand and TV3 have formed a production partnership to create the New Zealand version of the hit British show Grand Designs , the bank announced tonight. Read more »

Exciting new Hastings Growers Market to start 29th November

Press Release – Hastings City Business Association

Hastings District Council have today approved a road closure that will see the launch of a new Hastings City Growers Market every Saturday morning from 7am until 10.30am to be held in the streets of the 100 and 200 blocks of Heretaunga St East. Read more »

General Revaluation report received by councillors

Press Release – Auckland Council

The Finance and Performance committee this morning received the 2014 General Revaluation report, which shows average residential capital value increases of 34.8 per cent since 2011. Read more »

BioGro Assists New Zealand Organic Exporters

Press Release – BioGro

BioGro is New Zealands leading organic certification agency holding eight internationally recognised accreditations supporting New Zealands export growth. BioGro is the leading certifier for a number of organic industries including kiwifruit and viticulture … Read more »

Pyne Gould sells Epic stake after failing to gain control

Article – BusinessDesk

Oct. 23 (BusinessDesk) – Pyne Gould Corp, the asset management firm controlled by managing director George Kerr, has sold its 27 percent stake in Equity Partners Infrastructure Co No 1 after failing to take control of the investment company and oust its board. Read more »

Kiwifruit Claim Responds to Scaremongering Campaign

Press Release – The Kiwifruit Claim

Thirty percent of gold kiwifruit growers by volume are now pledged to participate in The Kiwifruit Claim, its chairman, John Cameron, said today. Over 15% of gold growers have already completed the sign-up process and paid their one-off capped … Read more »

Power price rises more than double the inflation rate

Press Release – Green Party

Power prices have risen at more than double the inflation rate since National took office, showing Nationals hands-off approach to the electricity market is a failure, the Green Party said today. Read more »

New Zealand launches new business events advocates programme

Press Release – Tourism New Zealand

Over the past year New Zealand has played host to everyone from geophysists to private detectives, doctors to journalists, thanks to the support of Tourism New Zealands (TNZ) business events programme. Read more »

Revolutionary Kiwi company goes to the crowd

Press Release – Carbonscape

A New Zealand company with technology that could slash global greenhouse gas emissions is inviting the public to invest. Marlborough-based CarbonScape is the latest company to raise capital through the new crowd-funding platform Snowball Effect, to build … Read more »

CPI rises 0.3 percent in September quarter

Press Release – Statistics New Zealand

The consumers price index (CPI) rose 0.3 percent in the September 2014 quarter, Statistics New Zealand said today. This is the third consecutive quarterly rise of 0.3 percent. Read more »

Hyundai Genesis lifts the active safety bar – AA

Press Release – Automobile Association

Hyundais luxury offering to the market, the Genesis sedan will reach New Zealand with a 5 star Australasian New Car Assessment Programme (ANCAP) rating. The large car is the latest rated Hyundai to achieve the maximum ANCAP safety rating for a … Read more »

NZ dollar falls ahead of inflation on prospect of low rates

Article – BusinessDesk

NZ dollar weakens ahead of 3Q inflation on speculation interest rates to stay on hold Read more »

Quattro IPO back on as it halves NZ property portfolio

Article – BusinessDesk

Quattro IPO back on as it halves NZ property portfolio, cuts capital raise by 28% Read more »

ASB and ASB Community Trust end long-term relationship

Press Release – ASB Bank

ASB and the ASB Community Trust have reached a mutual agreement to end their long-term sponsorship relationship. The ASB Community Trust was formed in 1988 with the proceeds of the staggered sale of ASB to the Commonwealth Bank of Australia. 45 million shares … Read more »

Kiwinet Challenge for new mussel-processing technologies

Press Release – KiwiNet

Sanford Limited is taking on a KiwiNet Business Challenge to uncover novel proposals for high-speed automated technologies that will help it process its current daily rate of 1.5 million mussels. Read more »

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