Business Scoop


Steel & Tube recovery to include $5.6M of cost savings

Article – BusinessDesk

Feb. 18 (BusinessDesk) – Anybody wondering where Steel & Tube Holdings cost savings are coming from need look no further than the site rationalisation project currently underway. Read more »

Steel & Tube 49% jump in first-half net profit

Article – BusinessDesk

Feb. 18 (BusinessDesk) – Steel & Tube Holdings believes it is on the road to recovery, reporting a 48.7 percent jump in first-half net profit and delivering operating profit in line with previous guidance. Read more »

Slowing new orders growth weighs on January PMI

Article – BusinessDesk

Feb. 15 (BusinessDesk) – Growth in new orders slowed for a third month in a row, according to the latest BNZ-BusinessNZ performance of manufacturing index. Read more »

MTA welcomes Trade Training shakeup

Press Release – Motor Trade Association

The Motor Trade Association is hoping that the governments proposed reforms of the vocational education system will result in more people training for the trades. Read more »

Australia’s Bapcor still finding NZ a happy hunting ground

Article – BusinessDesk

Feb. 13 (BusinessDesk) – Australia’s Bapcor is still enjoying strong earnings growth from its New Zealand autoparts business and opened another two stores as it chases market share. Read more »

Vista backed by luxury property developer

Press Release – Vista

Less than 18 months after launching its naturally flavoured sparkling water, Auckland-based beverage start-up Vista has closed a large investment deal with property developer and investor Kurt Gibbons. Read more »

Help Find the Country’s Favourite Food Producer

Press Release – Outstanding New Zealand Food Producer Awards

Kiwi foodies are being encouraged to help uncover the countrys favourite food producer and Farmers Market as part of the 2019 Outstanding NZ Food Producer Awards. Read more »

Mountain Buggy named winner in prestigious Awards

Press Release – Mountain Buggy Ltd

New Zealands own baby goods brand, Mountain Buggy, has received top accolades for their newest product – a side-by-side double buggy – in the German Design Awards 2019. Read more »

Towbar makers call for NZTA to pay for re-certifications

Press Release – Aro Bros

In an open letter today, three towbar manufacturers (Aro Bros Ltd, Acker Bilt Ltd and Counties Commercial Ltd) called on the New Zealand Transport Agency to pay for customers towbar re-certifications after an NZTA approved certifier had his certification … Read more »

Duffle&Co launch product made from pineapple leather

Press Release – Duffle and Co

They are the first to introduce pineapple leather into the country. This brings huge value for the NZ and international fashion industry, paving the way for more transparent, sustainable consumerism. [01/02/2019, Wellington, New Zealand] Duffle&Co … Read more »

New Award to Recognise New Zealand Cheese Retailers

Press Release – NZ Specialist Cheesemakers Assn

The New Zealand Specialist Cheesemakers Association (NZSCA) will recognise excellence in cheese retailing with a new accolade at its 2019 NZ Champions of Cheese Awards. Read more »

UPDATE: First Food Act fine imposed on Hellers

Article – BusinessDesk

(Updates with comment from Hellers from 10th paragraph. Confirms OIO approval still pending to end.) Read more »

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