NZ Yarn finalises acquisition Christchurch Yarns

Press Release – NZ Yarn

NZ Yarn has today announced the acquisition of Christchurch Yarns has been finalised. The business will trade as NZ Yarn Limited effective immediately. Elders Primary Wool (EPW) has secured a majority shareholding of approximately 58 per cent in the … Read more »

MyRepublic Announces Gigatown 1 Gbps Fibre Broadband Plans

Press Release – MyRepublic

Fibre broadband only provider, MyRepublic supports and applauds Dunedin, Gisborne, Nelson, Timaru and Wanaka with their bids to become New Zealand’s first Gigatown. Read more »

Visitor expenditure from China almost $1 billion

Press Release – Ministry of Business Innovation and Employment

International visitor spend in New Zealand continues to grow, with spend from China now at a record $979 million, up 33 per cent from September last year, according to the latest quarterly International Visitor Survey released by the Ministry of … Read more »

National opens door further to Chinese property speculators

Press Release – Green Party

National has further opened the door to Chinese property speculators with the registration of a third Chinese bank here that will make it easier for Chinese investors to invest in New Zealand properties, the Green Party said today. Read more »

Two Bronze Awards in performance excellence awards

Press Release – Business Excellence Foundation

The New Zealand Business Excellence Foundation will present two New Zealand Business Excellence Bronze Awards at their annual gala luncheon on Friday 21 November. Read more »

Progressive Enquiry Smoke Shows Plenty of Signals

Press Release – New Zealand First Party

New Zealand First is keen to talk to the Hon Clayton Cosgrove about a mandatory code of conduct for supermarkets to protect suppliers from anti-competitive behaviour. Read more »

Investment help for mid-range companies

Press Release – New Zealand Government

Investment help for mid-range companies A Government service to help businesses raise capital and accelerate their international growth is turning its focus to the investment needs and opportunities of highly innovative firms and mid-range companies valued … Read more »

Taxpayer money-go-rounds hampering growth: NZ Initiative

Article – BusinessDesk

Nov. 20 (BusinessDesk) – Income redistribution schemes such as Working for Families, which pay back money people have often already paid as tax, are a barrier to the economic productivity improvements that could easily overcome projections showing … Read more »

Commerce Commission to consider baby products merger

Press Release – Commerce Commission

The Commerce Commission has received an application from Mayborn Group Limited seeking clearance to acquire certain assets in the ownership of Jackel Pty Limited, including intellectual property rights to the Tommee Tippee brands and trademarks relating … Read more »

FGC response to Commerce Commission report

Press Release – Food and Grocery Council

The New Zealand Food & Grocery Council is not surprised by the Commerce Commissions findings, given New Zealands current legal framework. Read more »

Good News for Consumers From Commerce Commission Report

Press Release – Retail NZ

Retail NZ has welcomed the release of a Commerce Commission investigation concluding that Progressive Enterprises has not breached the Commerce Act in its dealings with suppliers. Read more »

Spanning and Fronde Form Strategic Partnership

Press Release – Fronde

Spanning and Fronde Form Strategic Partnership to Bring SaaS Data Protection to Australia and New Zealand Read more »

Prices surging, but volumes steady in Rural Property Market

Press Release – REINZ

Data released today by the Real Estate Institute of NZ (REINZ) shows there were three fewer farm sales (-0.9%) for the three months ended October 2014 than for the three months ended October 2013. Read more »

Connor – $7.25 a Share Payout Now Rests with Regulators

Press Release – Connor Healthcare

Connor Healthcare Limited (Connor) today advises that shareholders have overwhelmingly supported its $7.25 a share takeover offer for Acurity Health Group Limited (Acurity) and it now has acceptances totalling more than 90% when taken with its current holding. Read more »

Mandatory code of conduct needed for supermarkets

Press Release – New Zealand Labour Party

Labour has drafted legislation to establish a mandatory code of conduct for supermarkets to ensure New Zealand suppliers are not affected by anti-competitive behaviour. Read more »

Countdown happy at being exonerated by regulator inquiry

Article – BusinessDesk

Nov. 20 (BusinessDesk) – Progressive Enterprises managing director Dave Chambers said he felt exonerated by the outcome of a Commerce Commission inquiry into anti-competitive behaviour by Countdown supermarkets, which found nothing to warrant prosecution. Read more »

Auckland Student Wins Zonta International Business Award

Press Release – Zonta

Kate McCaw, a student at Auckland University was named the recipient of the prestigious Zonta International Jane M Klausman (JMK) Woman in Business Scholarship for 2014. Kate is 4th Year Student at Auckland University studying at the Business School and … Read more »

Xiamen delegation to Wellington has business focus

Press Release – Wellington City Council

Stronger business, education and cultural ties with our Chinese partners will be the focus when a 20-strong government and business delegation led by Xiamen Mayor Mr Liu Keqing which visits Wellington tomorrow (Friday) and Saturday as part of the … Read more »

Lower milk prices push down producer prices

Press Release – Statistics New Zealand

Producer prices fell in the September 2014 quarter, due to decreases in dairy prices, Statistics New Zealand said today. Prices received (as measured by the output producers price index (PPI)) and paid (as measured by the input PPI) both fell in the September … Read more »

Hamilton insurance challenges industry to get frank on fees

Press Release – Hutchison Rodway

Hamilton-based commercial insurance brokers Hutchison Rodway Waikato launched their new brand Frank Risk Management today, which reflects the companys commitment to fully disclose income to their clients. Read more »

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