Nextgen Energy Accepts Bitcoin for Bill Payment

Press Release – NextGen Energy

Nelson, New Zealand (11 Jan 2017) Nelson-based power retailer NextGen Energy announces it is now accepting Bitcoin for payment of electricity bills. The social enterprise company operates as a not-for-profit , uniquely donating all net profits … Read more »

Commission alerts public to LuxStyle online sales method

Press Release – Commerce Commission

The Commerce Commission is alerting the public to be wary when browsing for products online on sites operated by Lux International Sales ApS (LuxStyle), a company based in Denmark. Read more »

Westpac and Paymark partner to offer Online EFTPOS

Press Release – Paymark

Westpac has partnered with Paymark to launch Online EFTPOS, part of the evolution of digital payments in New Zealand. Online EFTPOS brings greater access to online shopping for New Zealanders, who will now be able to purchase online securely, quickly … Read more »

Aus PAS Group 1st 1/2 earnings hit by NZ Customs ruling

Article – BusinessDesk

Jan. 10 (BusinessDesk) – Australia’s PAS Group, whose suite of retail brands include Review, Black Pepper and JETS, says first-half earnings will be weighed down by a New Zealand Customs decision that didn’t go its way last year. Read more »

2017 Fourth Record Year in Row for New Vehicle Registrations

Press Release – Motor Industry Association

David Crawford, Chief Executive Officer of the Motor Industry Association says, a continued robust tourism sector, which in turn drove healthy sales of rental vehicles, helped to make the month of December the strongest on record with 11,570 new vehicle … Read more »

Australian Ethical Investment lifts stake in Trilogy

Article – BusinessDesk

Jan. 5 (BusinessDesk) – Trilogy International has attracted the interest of Australia’s largest ethical investment fund which has lifted its stake in the scented candle and natural beauty products maker above 10 percent. Read more »

Pernod Ricard’s Millstream unit turns to loss

Article – BusinessDesk

Jan. 4 (BusinessDesk) – Pernod Ricards New Zealand unit turned to a loss in 2017 after it booked a $150 million goodwill impairment. Read more »

Positive economic note to end year

Press Release – Paymark

The year ended on a positive economic note albeit with signs of cooling in the major centres. Read more »

How to Save on Your Supermarket Bill

Press Release – Canstar Cannex

How to Save on Your Supermarket Bill Auckland, 4 January 2018: A recent Canstar Blue survey has revealed that 70% of Kiwis spend over $200 per week on groceries. So, with a shopping bill upwards of $10,400 per year, how do your take the strain … Read more »

Pushpay hits US$100M ACMR target, on track to break even

Article – BusinessDesk

Pushpay hits US$100M ACMR target, on track to break even on monthly cash flow basis Read more »

Tap to donate units in KFC support Surf Life Saving

Press Release – Surf Life Saving New Zealand

An increasingly cashless society could soon be a problem of the past for Surf Life Saving fundraisers as new tap to donate units are rolled out in KFC stores throughout New Zealand. Read more »

Sandhills Pacific Opens Office Location In New Zealand

Press Release – Sandhills Pacific

Sandhills Pacific announces the grand opening of an additional office location in Christchurch, New Zealand, along the east coast of the country’s south island. Sandhills Pacific primarily distributes print magazines and operates websites connecting buyers … Read more »

NZ Boxing Day spending lifts 6.4%, Paymark says

Article – BusinessDesk

Dec. 27 (BusinessDesk) – New Zealand electronic spending on Boxing Day lifted 6.4 percent this year, led by growth in department stores, appliance stores and home decorating, according to local payments company Paymark. Read more »

Boxing Day sales figures from Paymark

Press Release – Paymark

Spending was $139.0 million through the Paymark network on 26th December, up 6.4% on Boxing Day 2016 in underlying terms. Read more »

Allbirds expands to Australia, eyes further global markets

Article – BusinessDesk

Dec. 22 (BusinessDesk) – Allbirds, the merino wool shoe company co-founded by former New Zealand soccer star Tim Brown, has expanded into its third global market, launching in Australia last month, and its eyeing up more markets for next year. Read more »

Smiths City first half profit all-but wiped out

Article – BusinessDesk

Smiths City first half profit all-but wiped out as fading consumer demand saps sales, margins Read more »

Alipay arrives in North Island

Press Release – Christchurch International Airport

A new Christchurch Airport project helping New Zealand businesses sign up to Alipay, the worlds largest online payment system, has its first North Island merchant. The project has seen more than a hundred businesses across the South Island go live … Read more »

Proceedings Filed Against GEA Milfos for Cartel Conduct

Press Release – Commerce Commission

The Commerce Commission has filed proceedings in the High Court at Auckland against GEA Milfos International Limited for alleged cartel conduct in the supply of milk testing products and services and herd management systems. Read more »

Online Traffic Set to Peak on Boxing Day, Reveals Pricespy

Press Release – PriceSpy

If online shopping is to take a similar pattern to 2016, traffic is set to peak on Boxing Day, according to PriceSpy.co.nz, where up to 40% of items listed on the website are expected to be reduced. Read more »

Veritas CEO Morton to buy back Mad Butcher for $8M

Article – BusinessDesk

Veritas CEO Morton to buy back Mad Butcher for $8M, less than 25% of original price Read more »

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