Depreciation, buy Kiwi-made in Labour manufacturing policy

Article – BusinessDesk

April 17 (BusinessDesk) The Labour Party has unveiled its pitch to the manufacturing sector, adding accelerated depreciation for advanced manufacturing and promising to target more government procurement from local firms. Read more »

NZ dollar drops to 5-wk low vs. pound after upbeat UK jobs

Article – BusinessDesk

April 17 (BusinessDesk) The New Zealand dollar dropped to a five-week low against the British pound after UK unemployment fell more than expected and wage growth accelerated, turning investor attention to the possibility of higher interest rates. Read more »

Asia Region Funds Passport initiative progresses

Press Release – New Zealand Government

Commerce Minister Craig Foss today released a consultation paper on the Asia Region Funds Passport initiative, which will open up opportunities for cross-border offerings of managed funds. Read more »

Hard work pays career dividends

Press Release – Hays

Hard-working, proactive, collaborative, adaptive, ethical and credible all make the list of personal characteristics shared by successful CFOs, says recruiting experts Hays in New Zealand. Read more »

Hard work pays career dividends

Press Release – Hays

Hard-working, proactive, collaborative, adaptive, ethical and credible all make the list of personal characteristics shared by successful CFOs, says recruiting experts Hays in New Zealand. Read more »

Reduction in liquor licence fees for some Rotorua cafes

Press Release – Rotorua District Council

Rotorua District Council is to reduce liquor licence fees for cafes not open for evening trade. The decision was made at this mornings [16 April 2014] meeting of the councils Strategy, Finance & Policy Committee. Read more »

Interest rates rise but only smokes increasing

Press Release – New Zealand Labour Party

Mortgage rate rises are making life harder for homeowners, and many of them will be surprised the latest CPI figures show inflation would be zero were it not for tobacco tax hikes, says Labours Finance spokesperson David Parker. Read more »

Intueri Education Group Launches IPO

Press Release – Intueri Education Group

PRESS RELEASE Intueri Education Group Launches IPO 16 April, 2014 Intueri Education Group (Intueri), a New Zealand-based vocational education provider, has registered a Prospectus, and approved an Investment Statement, in connection with an Initial … Read more »

1 in 4 Want to Improve Financial Literacy But Don’t Know How

Press Release – Canstar

1 in 4 Want to Improve Financial Literacy But Dont Know Where to Go Read more »

Crowd Funding, Small Offers and the Takeovers Code

Press Release – Takeovers Panel

Phase 1 of the Financial Markets Conduct Act 2013 (the FMC Act) came into effect on 1 April 2014. Read more »

Family business: Taking control without breaking it

Press Release – PwC

Passing control from one generation to the next can make or break a family business; and as New Zealands baby boomers hand over to millennials, the risks of getting it wrong have never been greater. Read more »

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 »

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