Executive Appointment at Cullen Investments

Press Release – Niki Schuck

Scurrah will manage the operational matters of Cullens New Zealand asset portfolio across multiple investments and market sectors. His role with Cullen enables him to continue his involvement in the group following nine years as Chief Executive … Read more »

Palmerston North Girls’ High School – Company of the Year

Press Release – Joint Press Release

Jesh Designs has been named as the Manawatu/Whanganui Young Enterprise Company of the Year, and will travel to Wellington to compete in the national final for The Lion Foundation Young Enterprise Scheme. Read more »

Mayor proposes to penalise business with quick rates fix

Press Release – Employers And Manufacturers Association

Business is disappointed the Auckland Mayor proposes that the Council should keep an unfair rates burden on business, says Kim Campbell, Chief Executive of the Employers and Manufacturers Association. Read more »

Insurance rates in Wellington more than double 2010 rates

Press Release – Property Council Of New Zealand

Property Councils annual Operating Expenses Benchmarks (Opex) shows insurance premiums for commercial property in Wellington CBD have more than doubled since 2010. Read more »

Interactive storyteller app wins business kick-start

Press Release – ANZ Bank

A Wellington firm that has developed a mobile storyteller guide to visitor attractions has taken out one of New Zealands top business awards after pitching its business plan to a panel of expert judges in the capital today. Read more »

Flying Start Business Plan winners announced

Press Release – New Zealand Government

Small Business Minister Craig Foss today announced STQRY is the supreme winner of the 2014 Business.govt.nz ANZ Flying Start Business Plan Competition. STQRY uses location-aware technology that automatically delivers contextually-relevant information … Read more »

Finalists for National Sustainable Business Network Awards

Press Release – Sustainable Business Network

Judges for the 2014 NZI National Sustainable Business Network Awards have announced the line-up of finalists. CEO of the Sustainable Business Network (SBN) Rachel Brown says that these organisations and individuals are leading the transformation to a … Read more »

Farmax and Ag Hub team up

Press Release – Ballance Agri-Nutrients

Ag Hub has teamed up with Farmax to provide customers with access to pasture cover measurements across both programs. Pasture cover measurements recorded by the Farmax package or its standalone Feed Wedge tool can now be automatically sent to Ag Hub … Read more »

Margin that it applies to regulated cost of capital reduced

Press Release – Commerce Commission

The Commerce Commission has released its final decision on the weighted average cost of capital (WACC) used for regulated businesses. The WACC uplift (or margin) for price-quality regulation has been set at the 67thpercentile, down from the 75th percentile. … Read more »

Fletcher Building Announces New Organisation Structure

Press Release – Fletcher Building

Fletcher Building Limited announced today a new organisation structure and changes in several executive leadership roles. The changes follow an ongoing review of the business portfolio and business performance management. Read more »

Back-Roads Touring experiences bumper growth in New Zealand

Press Release – Back-Roads Touring

Back-Roads Touring are rounding out the year with news today that the brand has experienced more than 30 per cent growth in the New Zealand market over the last 12 months. Read more »

Freightways fattens margins, lifts earnings; shares jump

Article – BusinessDesk

Oct. 30 (BusinessDesk) – Freightways, the listed courier and data management company, affirmed it is on track to lift 2015 earnings after recording the strongest first-quarter performance in a decade, widening its profit margin on a 17 percent increase in sales. … Read more »

Commerce Commission’s WACC announcement

Press Release – Auckland Airport

Auckland Airport has received the Commerce Commissions final report on proposed changes to the Weighted Average Cost of Capital (WACC) for the price-controlled, electricity and gas sectors. Read more »

New research on innovation in residential construction

Press Release – Joint Press Release

A report by the New Zealand Institute of Economic Research (NZIER) on the impact of the demand for individually tailored (bespoke) houses on innovation in the residential construction sector was released today. Read more »

One business for every nine NZers as business number rises

Press Release – Statistics New Zealand

There was an all-time high of nearly half a million businesses in New Zealand in February 2014, with the highest rate of growth being in construction, Statistics New Zealand said today. Read more »

New Minister’s focus on confidence and quality regulation

Press Release – New Zealand Government

Commerce and Consumer Affairs Minister Paul Goldsmith today outlined his commitment to completing and bedding in a suite of legislative and regulatory reforms to make it easier for consumers, investors and businesses to transact with confidence. Read more »

PwC and Google announce Joint Business Relationship

Press Release – PricewaterhouseCoopers

PwC and Google Inc. (NASDAQ: GOOG, GOOGL) today announced the launch of a joint business relationship to bring new and innovative services to companies around the world. The rapid pace of innovation in technology has fundamentally changed how and where … Read more »

Five-year tax holiday for overseas tax dodgers

Press Release – New Zealand Labour Party

National has just gifted a five-year tax holiday for foreign companies dodging their tax payments, says Revenue spokesperson David Clark. Todd McClay has pretended he is doing something about overseas companies dodging their tax duties by joining … Read more »

MYOB and ASB speed up bank feed sign-on

Press Release – MYOB

MYOB and ASB are making business life even easier for their customers, by enabling them to set up bank feeds overnight. Small Business customers can start the online setup in MYOB before logging on to ASBs online banking services to give authority … Read more »

Holiday park confidence at near record level

Press Release – Holiday Accommodation Parks Association

Holiday park owners have a spring in their step, with confidence levels rising to near record levels and Labour Weekend heralding the start of a busy summer. Business confidence has increased towards the start of the peak holiday period and is almost … Read more »

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