Australian market defies the US lead again

Press Release – CMC Markets

The Australian market this morning continued the pattern of recent days where it has moved in the opposite direction to US markets. This independent movement in the S&P/ASX 200 index has largely reflected action in local high yielding stocks like … Read more »

Mediaworks – How Crony Capitalism Works – Peters

Press Release – New Zealand First Party

The National Party is turning a blind eye to the public deception in the MediaWorks Technical Receivership, says NZ First Leader Rt. Hon Winston Peters. Read more »

Tourism NZ to develop China service delivery toolkit

Press Release – Ministry of Business Innovation and Employment

The Ministry of Business, Innovation and Employment (MBIE) are pleased to announce that Tourism New Zealand will be leading the development of a China service delivery toolkit, to enable the tourism sector to better meet the needs of our fastest … Read more »

Farro Fresh Teams Up With Green Meadows Beef

Press Release – Green Meadows Beef

Gourmet food store, Farro Fresh, has joined forces with Green Meadows Beef, to bring 100% grass-fed, Angus beef direct from the Carey familys South Taranaki farm to Auckland food lovers. Read more »

VINZ partners with Hayden Paddon and NZ World Rally Team

Press Release – Hayden Paddon Rallysport Global Ltd

Leading New Zealand rally driver Hayden Paddon and his New Zealand World Rally Team have formed a new commercial partnership with Vehicle Inspection New Zealand Ltd (VINZ). Read more »

Financing funds future growth and expansion of 2degrees

Press Release – 2 Degrees Mobile

2degrees has secured a $165m credit facility from the Bank of New Zealand and reached agreement with Huawei to deploy 4G network in early 2014. The BNZ arranged credit facility means 2degrees has a fully funded business plan, providing for continued … Read more »

Train the LEP Trainer

Press Release – Beef And Lamb NZ

Beef + Lamb New Zealand is ramping up the capability behind its flagship environment resource the Land and Environment Planning (LEP) Toolkit. In the next two weeks a range of workshop providers including farm consultants, Beef + Lamb New Zealand … Read more »

Dell Simplifies End-to-End Desktop Virtualization Solutions

Press Release – Dell

Dell Cloud Client Computing has announced new end-to-end solutions to help simplify and speed the deployment of desktop virtualization solutions for customers implementing a Microsoft-based IT environment. Read more »

ANZ named as first bank in $250M default fees class suit

Article – BusinessDesk

June 18 (BusinessDesk) – ANZ Bank New Zealand, the countrys biggest lender, has been named as the first bank facing a class suit over an estimated $250 million fees charged customers for going into overdraft, late credit card payments and bouncing … Read more »

Lies, damned lies and Steven Joyce

Press Release – New Zealand Labour Party

National has ignored the overwhelming evidence of a tipping point in manufacturing and seized on one statistic that is based on early slaughtering of animals because of the drought, says Labours Economic Development spokesperson David Clark. Read more »

Elders rejects ‘inadequate’ offer for rural services unit

Article – BusinessDesk

June 18 (BusinessDesk) Elders, the ASX-listed agribusiness company, has rejected an offer from Ruralco Holdings for its rural services business, which includes a half stake in New Zealands Elders Rural Holdings. Read more »

NZ Energy Corp recuts deal for Origin Energy Taranaki assets

Article – BusinessDesk

June 18 (BusinessDesk) New Zealand Energy Corp has recut its troubled deal with Origin Energy for a range of onshore Taranaki oil and gas assets, cutting the purchase price by C$9 million to C$33.5 million, dropping one licence area, and assuming management … Read more »

Inland Revenue Statement – MediaWorks

Press Release – Inland Revenue Department

In regard to today’s announcement of the receivership of MediaWorks, Inland Revenue is unable to comment on individual customers due to taxpayers confidentiality. However, we will generally look at these type of matters closely. Read more »

Gambling Harm Reduction Bill paves way for balanced reform

Press Release – New Zealand Government

Internal Affairs Minister Chris Tremain says collaboration with Te Ururoa Flavell on his Gambling (Gambling Harm Reduction) Amendment Bill is the first stage in a balanced series of reforms planned for the Class 4 (non-casino) gaming sector. Read more »

NZ Dollar Outlook: Kiwi may rise on improving local economy

Article – BusinessDesk

June 17 (BusinessDesk) The New Zealand dollar may advance this week as signs of an improving local economy boost demand for the local currency while a continuation of economic stimulus in the US debases the greenback. Read more »

New Zealand Innovators Awards – Now Open for Entries

Press Release – New Zealand Innovators Awards

The New Zealand Innovator Awards, which are now open for entries, aims to celebrate and recognise innovations built and developed in our own backyard. What does the electric fence, the disposable hypodermic syringe, the whistle and the egg beater … Read more »

Alienware Redefines the PC Gaming Experience

Press Release – Dell

Alienware Redefines the PC Gaming Experience: Unveils Its Most Powerful Gaming Laptops with Bold, New Iconic Design Read more »

Govt inaction plays part in MediaWorks woes

Press Release – New Zealand Labour Party

The Governments refusal to break the stranglehold of pay-TV company Sky on the media market has contributed to the position MediaWorks finds itself in today, says Labours Broadcasting spokesperson Clare Curran. Read more »

MYOB expands Auckland-based online development capability

Press Release – MYOB

New Zealands largest accounting software provider, MYOB today announced it is expanding its Auckland operations by creating more than 20 new research and development roles. Read more »

NZ services activity rises to highest May level in 6 years

Article – BusinessDesk

June 17 (BusinessDesk) New Zealands services sector edged up in May to its highest level for the month in six years, reflecting widespread expansion and stoking optimism the economy may be picking up pace. Read more »

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