Growing international demand for NZ business software

Press Release – Theta

Theta has entered into a partnership agreement with Seattle-based Talus Solutions Group for the marketing, sale, implementation and support of Six Degrees in the United States. Read more »

Ministers request report on dairy competition

Press Release – New Zealand Government

Primary Industries Minister Nathan Guy and Commerce and Consumer Affairs Minister Paul Goldsmith announced today they will request a report on the state of competition in New Zealands dairy industry from the Commerce Commission. Read more »

Pfizer seeks to acquire Hospira

Press Release – Commerce Commission

The Commerce Commission has published a statement of preliminary issues relating to an application from Pfizer to acquire all of the remaining shares in Hospira. Read more »

Talent shortages on the rise with NZ ranked 11th globally

Press Release – Manpower Group

Skilled Trades, Technicians and Engineers top roles in demand across New Zealand: ManpowerGroup annual Talent Shortage Survey Read more »

Infratil signals cautious new investment approach

Article – BusinessDesk

May 19 (BusinessDesk) – Infrastructure portfolio investor Infratil is to make a second special dividend payment to shareholders as it anticipates less capital investment in the year ahead and high prices for potential acquisitions make the company cautious. Read more »

FMA looking into NZers aiding foreign firms to join FSPR

Article – BusinessDesk

May 19 (BusinessDesk) – The Financial Markets Authority says it is looking into New Zealanders who help foreign firms sign up on a local register of financial services providers and even act as directors, giving the entities a veneer of respectability … Read more »

Caldera, close to global breakthrough, seeks new investors

Article – BusinessDesk

May 18 (BusinessDesk) – Caldera Health, a New Zealand biotech company working on a gene-sequencing replacement for the world’s most widely used prostate cancer test, is seeking new investors to complete a $2 million capital raising to finish clinical … Read more »

Habitual Fix announces US franchise deal

Press Release – Hotwire

30 US stores and $6 million in franchise royalties expected during deals initial ten year term Read more »

TT Services positions for biometrics-led expansion

Press Release – TT services

Since joining the TUI Group stable, TT Services has swiftly repositioned itself as a major player in the global government-outsourced visa processing services market. Armed with the resources of the worlds largest travel group, the integrated visa … Read more »

Milk New Zealand Holdings Ltd

Press Release – Milk New Zealand

The benefits of Chinese investment extend beyond the farm gate and into the New Zealand economy according to the CEO of Pengxin International, Gary Romano. Read more »

Commerce Commission to hold conference on wool scouring

Press Release – Commerce Commission

The Commission will hold a one day conference on Wednesday 10 June 2015 to discuss matters relating to Cavalier Wool Holding Limiteds application for authorisation to acquire New Zealand Wool Services International’s wool scouring business. Read more »

NZX halts trading in dairy derivatives on information errors

Article – BusinessDesk

May 15 (BusinessDesk) – NZX Regulation, the supervisory arm of the stock market operator, has placed a trading halt on dairy futures and options after technical errors led to discrepancies in information detailing how much product Fonterra Cooperative Group … Read more »

CORRECT: MYOB sees online strategy helping fend off rivals

Article – BusinessDesk

May 14 (BusinessDesk) – MYOB Group, the Australian payment solutions software developer that floated on the ASX this month, says it is confident its move to online products has been nimble enough to protect market share from upstart rivals such as Xero. Read more »

International Telematics And Imarda to Merge

Press Release – International Telematics

AUCKLAND, New Zealand Leading fleet management technology companies, International Telematics Holdings Limited (ITHL) and Imarda Pty Ltd, have announced their intention to merge and form a new entity named Coretex. The merger agreement is subject … Read more »

NZ dollar rises to week-high on surge in retail sales

Article – BusinessDesk

May 14 (BusinessDesk) – The New Zealand dollar rose to its highest level in a week after figures showed a record gain in first-quarter retail sales while weaker data in the US overnight drove down the greenback against most major currencies. Read more »

Unlisted asks for support in the face of NZX opposition

Article – BusinessDesk

May 14 (BusinessDesk) – Unlisted, the share trading platform applying for an exemption from the Financial Markets Authority, is looking for support from its participants saying it faces opposition from licensed rival, NZX. Read more »

Andrew Little’s Pre-Budget Speech

Press Release – New Zealand Labour Party

Only on rare occasions does a single budget have a profound effect on the economy, and on peoples lives. Read more »

ACG confirms advisers appointed amid buyout speculation

Article – BusinessDesk

May 13 (BusinessDesk) – Academic Colleges Group, the Auckland-based secondary schools provider, has confirmed it has appointed advisers to “review strategic alternatives” after Australian media reports said it was up for sale. Read more »

SBC welcomes NZ Initiative’s report on Social Impact Bonds

Press Release – Sustainable Business Council

SBC welcomes NZ Initiatives report on Social Impact Bonds The Sustainable Business Council (SBC) welcomes the NZ Initiatives report Investing for Success: Social Impact Bonds and the future of public services. Penny Nelson, Executive Director … Read more »

BDO announced as Xero’s first African Platinum Partner

Press Release – Xero

AUCKLAND, 13 May 2015 Xero has today announced BDO South Africa has achieved Xero Platinum Partner status – further expanding Xeros global Platinum Partner network. Read more »

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