RIS releases overdue annual report, tagged by auditor

Article – BusinessDesk

Nov. 24 (BusinessDesk) – Shares of RIS Group have resumed trading after the NZAX-listed shell company lodged its overdue annual report, which has been tagged by its auditors and shows it may need to raise more funds to avoid administration. Read more »

Hundreds enjoy Thackwood Garden, raise money for local trust

Press Release – Thackwood Garden

North Nelsons Thackwood Garden, nestled in a fourth generation, 300 acre Farm, in Wakapuaka raised over $2000 when it opened to the public today as a fundraiser for the Nelson Regional Breast & Gynaecological Cancer Trust. Read more »

Fuel50 raises second investment round to take on US market

Article – BusinessDesk

Nov. 21 (BusinessDesk) – Auckland-based software startup Fuel50 raised $1 million in a second angel investment round to fund its push in the US, where it was named as one of five best new technologies at an international human resources industry … Read more »

NZOG’s head of exploration Bill Houston resigns

Article – BusinessDesk

Nov. 21 (BusinessDesk) – Bill Houston, New Zealand Oil & Gas’ general manager of exploration, has resigned less than a year after he took up the role with the listed energy explorer. Read more »

NZX signs MOU with freshly-licensed Bank of China

Article – BusinessDesk

Nov. 21 (BusinessDesk) – NZX, New Zealand’s stock market operator, has signed a memorandum of understanding with the Bank of China to develop financial products, with a focus on the agricultural sector and capital markets. Read more »

National income shows strong growth in 2014

Press Release – Statistics New Zealand

In the March 2014 year, New Zealand earned $14.4 billion more as a country than in 2013, Statistics New Zealand said today. National disposable income was up 8.2 percent to $189.2 billion, in current prices, in the March 2014 year. Read more »

China Constuction Bank up And Running with Auckland Function

Press Release – China Constuction Bank NZ

China Construction Bank (New Zealand) Limited (CCBNZ) holds its opening ceremony at the Auckland War Memorial Museum this evening (Friday, 21st November 2014). More than 300 guests will attend with key attendees including the Chinese Consul General … Read more »

ANZ Investments named Fund Manager of the Year

Press Release – ANZ Bank

ANZ Investments, New Zealands largest fund management company, was last night named FundSource Fund Manager of the Year. Read more »

Arvida Group raises $75 million in IPO

Article – BusinessDesk

Nov. 21 (BusinessDesk) – Arvida Group, the new retirement village operator, has raised the full $75 million sought through an initial public offering following strong demand from New Zealand and Australian institutions and listed companies. Read more »

ASB/Main Report Regional Economic Scoreboard September 2014

Press Release – ASB Bank

Canterbury continues its dominance of the ASB/Main Report Regional Economic Scoreboard and has now held the top spot for the last four quarters. The region continues to perform strongly across all economic indicators, with particular strength in employment … Read more »

Cole Murray wins Grosvenor KiwiSaver Practice of the Year

Press Release – Cole Murray

Hawkes Bay financial planning firm Cole Murray wins Grosvenor KiwiSaver Practice of the Year… for the sixth time For the sixth consecutive year, Cole Murray has won the Grosvenor KiwiSaver Practice of the Year award, proving that a smaller, regional … Read more »

New Zealand ranked 22nd in ease of paying tax

Press Release – PwC

New Zealand is rated 22nd out of 189 economies in its ease of paying taxes, according to Paying Taxes 2015, now in its ninth edition. The unique study by PwC and the World Bank Group is the only piece of research which measures the ease of paying taxes … 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 »

ANZ’s Hisco the heavyweight in New Zealand CEO pay stakes

Article – BusinessDesk

Nov. 20 (BusinessDesk) – Theres a big gap between the pay of ANZ Bank New Zealand boss David Hisco and his counterparts at two of the other big four Australian-owned banks. Read more »

Bascand: Brighter Money

Press Release – Reserve Bank

Seeing peoples initial reactions to the new banknote designs is a heartening reminder of what an important role currency plays in our lives, and what a sense of pride and heritage our notes evoke. Read more »

RBNZ releases Brighter Money designs

Press Release – Reserve Bank

New Zealands banknotes are getting brighter and better, with the Reserve Bank today unveiling more vibrant and secure banknote designs which will progressively enter circulation later next year. 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 »

The FMA reports on its 12 month performance

Press Release – Financial Markets Authority

The Financial Markets Authority (FMA) has published its 2014 annual report for the year ended 30 June 2014. During this period the FMA began implementing the largest statutory change in financial services in 30 years. Engaging with the industry to … Read more »

Purchase price of new capital rises 0.5 percent

Press Release – Statistics New Zealand

In the September 2014 quarter, the price of purchasing new capital items rose 0.5 percent, Statistics New Zealand said today. Four of six asset groups measured by the capital goods price index (CGPI) rose. 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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