RBNZ’s pathway to lower interest rates not too fast

Article – BusinessDesk

Aug. 23 (BusinessDesk) – Reserve Bank governor Graeme Wheeler has defended his approach to cutting interest rates, saying New Zealand’s interest rate differential is too high to leave things as is, but a more aggressive stance ran the risk of destabilising … Read more »

FIRST CUT: Mercury delivers special dividend

Article – BusinessDesk

Aug. 23 (BusinessDesk) – Mercury, the electricity generator and distributor formerly known as Mighty River Power, has delivered a 2.3 percent lift in operating earnings and declared a special dividend, reflecting its limited capital needs and the sale … Read more »

Draft Terms of Reference for Havelock North water inquiry

Press Release – New Zealand Government

Hon Christopher Finlayson Attorney-General 22 August 2016 Media Statement Draft Terms of Reference for Havelock North water contamination inquiry released Read more »

Developer demand for bank-alternative mortgages surges

Press Release – Omega Capital

An environment characterised by soaring demand for housing and a passive stance imposed by New Zealands trading banks has placed companies like Omega Capital Corporation in a position of strength. Read more »

Deman for skilled trades and services talent

Press Release – Got A Trade

GOT A TRADE WEEK returns to schools and communities this Monday 22 August to raise awareness of careers that exist in 140 trades and services in New Zealand. The Week, being held from 22-26 August, will celebrate the talents and achievements of Kiwi … Read more »

NZD heads for 1.1% weekly gain with interest rate advantage

Article – BusinessDesk

Aug. 19 (BusinessDesk) – The New Zealand dollar is heading for a 1.1 percent weekly gain against the greenback as the country’s relatively high yields continue to attract investors in search of decent returns in a world where major central banks are running … Read more »

International visitors spend record amount

Press Release – New Zealand Government

New Zealands tourism sector continues to show impressive growth, with international visitors spending a record $10.3 billion in the June 2016 year, Associate Minister of Tourism Paula Bennett says. Read more »

Failed planning system only part of the problem

Press Release – NZ Council for Infrastructure Development

In its blue sky review of the New Zealand planning system, the Productivity Commission has correctly found that the planning system is failing, but their recommendations for change will not succeed without governance and funding reform, says Stephen … Read more »

Education delivered offshore worth $171 million

Press Release – New Zealand Government

Tertiary Education, Skills and Employment Minister Steven Joyce has today welcomed a report which shows the revenue from New Zealands education services delivered offshore rose to $171 million last year, an increase from an estimated $104 million … Read more »

International visitor spend up 18% for June 2016 Year

Press Release – Ministry of Business Innovation and Employment

International visitor spend grew 18 per cent to $10.3 billion in the year ended June 2016, according to the latest International Visitor Survey released today by the Ministry of Business, Innovation and Employment (MBIE). Read more »

Charting NZ’s co-op landscape

Press Release – University of Auckland

Researchers from the University of Auckland are joining forces with colleagues at Massey University and the sector body, Cooperative Business New Zealand, to produce the first ever comprehensive analysis of the cooperative economy. Read more »

Productivity Commission Urban Planning Report

Press Release – New Zealand Planning Institute

Media Statement re Productivity Commission Better Urban Planning Report: Embargoed 5:00am August 19 2016 Read more »

Unemployment count changes to meet international standards

Press Release – Statistics New Zealand

Changes to how the unemployed are counted when they look for work online were made to meet international standards, Statistics NZ said today. This week there has been some misunderstanding of the changes, which were first announced on 29 June 2016. Read more »

Selling our dairy cows to China is economic treason

Speech – New Zealand First Party

Rt Hon Winston Peters New Zealand First Leader Member of Parliament for Northland 18 AUGUST 2016 Speech by New Zealand First Leader and Northland MP Rt Hon Winston Peters Public meeting The Hub, 23 Gordon St, Dannevirke Thursday, 18 August, 2016 … Read more »

Remuneration bill will harm contractors, says Chamber

Press Release – Wellington Chamber Of Commerce

The Minimum Wage (Contractors Remuneration) Amendment Bill is confusing and would make many contracts unworkable, says the Wellington Chamber of Commerce. It could be passed into law as early as next week as a result of a vote switch by Ohariu MP … Read more »

The Government must do more to get Kiwis in work

Press Release – Council of Trade Unions

“There is plenty that needs doing that could put more Kiwis in work. But figures out today show that there are still too many Kiwis out of work, says CTU Economist Bill Rosenberg. In the June quarter official unemployment was 5.1 percent or 131,000 … Read more »

Dunne Speaks: The Rise of the Uber Economy

Column – Peter Dunne

Last weeks flurry about whether Uber was complying with the law and should be shut down if it was not missed the point entirely. Of course, Uber should comply with the law of the land that is a given for any business operating here … Read more »

Outlook for Christchurch economy remains positive

Press Release – Canterbury Development Corp

The outlook for Christchurchs economy remains positive with high levels of activity being maintained as rebuild activity plateaus. Read more »

NZ dollar gains on strength in commodity markets

Article – BusinessDesk

Aug. 16 (BusinessDesk) – The New Zealand dollar gained along with other commodity-linked currencies as a pickup in prices of raw materials boosted sentiment ahead of the GlobalDairyTrade auction tonight. Read more »

NZ exporters to UK asked about Brexit impact

Press Release – New Zealand Government

Hon Todd McClay Minister of Trade 16 August 2016 Media Statement NZ exporters to UK asked about Brexit impact Trade Minister Todd McClay today issued a call for public submissions on the likely impact of Brexit on New Zealand businesses that export … Read more »

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