Consistency the key for the South Island Index

Press Release – Deloitte

The first quarter of the 2014 calendar year kicked off on a positive note with the Deloitte South Island Index continuing its run of successive positive quarters to seven. Read more »

Chinese company to build $200M hotel on Auckland waterfront

Article – BusinessDesk

Company linked to one of Chinas richest women to spend $200 mln on Auckland hotel Read more »

Turners & Growers to buy Apollo Apples for up to $44.1 mln

Article – BusinessDesk

April 16 (BusinessDesk) – Turners & Growers, the fruit marketer controlled by Germanys BayWa, has agreed to buy Hawkes Bay-based Apollo Apples for as much as $44.1 million as it looks to meet growing global demand. Read more »

Arowana seeks up to $234M in dual-listing NZ Intueri unit

Article – BusinessDesk

April 15 (BusinessDesk) – ASX-listed Arowana International wants to raise as much as $234 million in the dual-listing of its Intueri Education Group, which will establish New Zealands biggest private training establishment (PTE). Read more »

Accounting standards chair Hoogervorst dark on Ebitda

Article – BusinessDesk

April 15 (BusinessDesk) The head of the global body responsible for setting accounting standards says he scratches his head over companies using an Ebitda measure of earnings but he understands why some prefer not to focus on net profit as a performance measure. Read more »

Telecom trims and extends banking facility

Article – BusinessDesk

April 15 (BusinessDesk) – Telecom Corp, the countrys biggest telecommunications company, has trimmed the size of a banking facility, while pushing out its maturity date until 2017. Read more »

New entrant to New Zealand crowdfunding a ‘game changer’

Press Release – Armillary

Partnership with global operator offers a compelling opportunity for New Zealand business to raise capital through equity crowdfunding. Investment Bank and Asset Manager, Armillary Private Capital, has today announced that it will introduce an … Read more »

Rabobank opens afresh in central Christchurch

Press Release – Rabobank

Continued strong growth in New Zealand has seen specialist agribusiness lender Rabobank relocate to state-of-the-art premises in the new Rabobank Building in central Christchurch. Read more »

Bathurst Resources needs extra day for capital raising

Article – BusinessDesk

April 14 (BusinessDesk) – Bathurst Resources says it needs an extra day to complete a discounted share placement raising funds to develop its controversial Escarpment open-cut coal mine on the Denniston Plateau near Westport. Read more »

NZ dollar drops to 2-mth low vs. A$ ahead of RBA minutes

Article – BusinessDesk

April 15 (BusinessDesk) The New Zealand dollar dropped to a two-month low against the Australian currency ahead of todays release of the Reserve Bank of Australias minutes of its meeting this month which is expected to confirm positive sentiment … Read more »

ASB PayTag brings contactless payments to your mobile phone

Press Release – ASB Bank

ASB is taking another a giant leap towards pervasive mobile banking with the launch of ASB PayTag, a new technology allowing convenient and secure credit and debit card payments with a simple tap of your mobile phone. Read more »

LVR restrictions have been a failed experiment

Press Release – Harcourts

The average house in New Zealand now sells for $502,306, which is a record high, up 12% on the same time last year and 8% on October, the month LVR restrictions were introduced. Read more »

UPDATE – No deal, say Abano rebel shareholders to buyout bid

Article – BusinessDesk

April 14 (BusinessDesk) The brinksmanship between Abano Healthcare Group and two shareholders owning 19 percent of the company continues, with 15 percent shareholder Peter Hutson rejecting a bid from Abano for the 50 percent of Bay International that … Read more »

Hellaby adds $20M in annual sales buying NZ Trucks, Dasko

Article – BusinessDesk

April 14 (BusinessDesk) Hellaby Holdings, whose interests range from footwear to oil and gas services, expects to add $20 million to annual revenue after buying New Zealand Trucks South Island and Dasko Marketing NZ. Read more »

Abano calls dissident shareholders’ bluff with cash offer

Article – BusinessDesk

April 14 (BusinessDesk) Abano Healthcare is challenging a dissident shareholders’ view of the groups value by offering a price for 50 percent-owned Bay International well above the valuation given last week in a report for investors Peter Hutson and … Read more »

Te Tai Tokerau Ignored as Mana Blinded by the Bling

Press Release – New Zealand Labour Party

The voice of Te Tai Tokerau is silent as the Mana Party makes a whole lot of noise about who it will form an alliance with. As Mana falls apart because it is unsure whether it represents the poor or uber-rich, promises made by the partys leader … Read more »

Goodman Property builds three new developments for $44.4 mln

Article – BusinessDesk

April 14 (BusinessDesk) Goodman, the manager of Goodman Property Trust, said it plans to spend $44.4 million developing three new industrial properties. Read more »

Changes make it easier to recover debt

Press Release – New Zealand Government

Courts Minister Chester Borrows says changes which come into effect today will improve the process for people recovering debt owed following a civil court case. Read more »

Kiwis Dump Westpac over Fossil Fuel Investments

Press Release – 350 Christchurch

Today 8 Westpac customers gathered in Christchurch to hold a mass Westpac bank account closing event. More than 160 people all over the country have signaled they plan to close their Westpac accounts this week as part of a campaign led by 350 Aotearoa … Read more »

Fraud Victims Group hopeful of Consumers being protected

Press Release – Steve Taylor

A Fraud victims advocacy group is hopeful that New Zealand Consumers will continue to be protected from a three-times bankrupt, multiple fraudster and convicted sex offender with a 32 year criminal history to his name. Read more »

« Previous PageNext Page »