Business Scoop


Unemployment rate falls to 3.9 percent

Press Release – Statistics New Zealand

The seasonally adjusted unemployment rate fell to 3.9 percent in the September 2018 quarter, Stats NZ said today. Read more »

GMT interim profit up 47% to $66.4 million before tax

Press Release – Goodman NZ

Goodman (NZ) Limited, the manager of Goodman Property Trust (GMT or Trust) is pleased to announce the Trusts interim result for the six months ended 30 September 2018. Read more »

Are Kiwis good neighbours?

Press Release – Be Media

Even as our online communities grow, Kiwis are keeping in touch with their real-life neighbourhoods, a new survey shows. Read more »

Westpac New Zealand delivers strong full-year performance

Press Release – Westpac

Westpac New Zealand (Westpac NZ)[i] has delivered a strong full-year financial result, driven by a focus on improving the banking experience for customers. Read more »

Tenant rents rising slower still; landlord yields perking up

Press Release – Barfoot and Thompson

The trend of slower-paced rent rises continued through the third quarter of this year, according to the latest data from Barfoot & Thompson, which manages more than 16,500 properties in Auckland. Read more »

New workplace gender report is NZ’s largest

Press Release – Champions for Change

Champions for Change has published year one results of a new annual gender and ethnicity survey of more than 80,000 New Zealand employees. It is the largest gender survey across management categories to date, representing approximately three percent of … Read more »

Diversification drives Ellerslie Event Centres Record profit

Press Release – Ellerslie Event Centre

Ellerslie Event Centre (EEC) has produced another record-breaking end of year financial result, achieving revenue of over $11 million for the first time in its history. The years result to 31st July 2018, bucks the trend of a slight slowing nationally … Read more »

Retail spending still strong in Hastings district

Press Release – Hastings District Council

The strong growth trend in retail spending in the Hastings district continues, according to figures released in the latest Marketview quarterly report. Read more »

Household incomes up over 40 percent from 2008

Press Release – Statistics New Zealand

The average annual household income has risen 41 percent since 2008, up more than twice the rate of inflation, Stats NZ said today. Read more »

One in 10 inner city home transfers go to overseas people

Press Release – Statistics New Zealand

In the September 2018 quarter, 9.8 percent of home transfers in Auckland inner city (Waitemata local board area) were to people who didnt hold NZ citizenship or a resident visa, down from 22 percent in the June 2018 quarter, Stats NZ said today. Read more »

Stong growth reflected in Council AA rating

Press Release – Hamilton City Council

Fitch Ratings, a global leader in credit ratings and research, has affirmed Hamilton City Councils high ranking in international credit ratings. Read more »

Plexure surges into profit after record revenue growth

Press Release – Plexure

Mobile engagement software company Plexure has reported its first profit, following a record period of revenue growth. Revenue increased by 51% for the first half of FY19, giving a net profit of $1.1 million. This represents a 658% turnaround on its … Read more »

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