Archive for May, 2010

Irongate warns on $80 mln debt coming due by July 2011

(BusinessWire) – Irongate Property Ltd., the property investor managed by the St Laurence group, said the uncertain economy could compromise its asset sales programme and affect its ability to repay $80 million of NZDX-listed bonds that are due over the next 13 months, with $30 million repayable in six weeks time weeks time, on July 15. Read more »

Boscawen Urges Investigation Into Power Prices

Press Release – ACT New Zealand

ACT NZ Climate Change Spokesman John Boscawen today called on Parliament’s Commerce Select Committee to conduct an urgent inquiry into the price increases recently announced by Mercury Energy and Contact Energy as a result of the Emissions Trading Scheme. Read more »

MARKET CLOSE: NZ shares pare monthly fall; TEL up

Article – Businesswire

May 31 (BusinessWire) – New Zealand shares rose, paring the NZX 50 Index’s monthly slide to 6.8%, amid perceptions stocks may offer relatively better value after the sell-off. Fletcher Building Ltd. and Telecom Corp. paced the gains. Read more »

“Leave us something to live on”

Press Release – Voice For Fair Rents

Waitakere City Council tenants will hold a protest rally at 9am on Thursday 10th June ahead of the Council’s Finance and Operational Performance committee meeting at 9.30am. Read more »

“Leave us something to live on”

Press Release – Voice For Fair Rents

Waitakere City Council tenants will hold a protest rally at 9am on Thursday 10th June ahead of the Council’s Finance and Operational Performance committee meeting at 9.30am. Read more »

Treasury Urges Liberalisation Of Investment Act

Press Release – CAFCA

The fact that Treasury Secretary John Whitehead supports yet more liberalisation of the 2005 Overseas Investment Act is hardly surprising.It’s been more than a year now since Bill English announced that the Act was being reviewed. Read more »

Direct Property Fund Maintains Value Of Portfolio

Press Release – Direct Property Fund

Direct Property Fund (DPF) has maintained the value of its portfolio due to its acquisition strategy and added value transactions within its existing portfolio through 2009. Read more »

Morningstar puts ‘avoid’ rating on 2 Brook funds

Article – Businesswire

May 31 (BusinessWire) – Morningstar put an ‘avoid’ rating on two Brook Asset Management funds after one of the firm’s founders lured away fund managers to his new investment vehicle. Read more »

Two year settlement for Police pay round

Press Release – New Zealand Police

Police have negotiated a two year pay round settlement with the Police Association. Read more »

More State sector chief execs’ pay to be public

Press Release – New Zealand Government

More State sector chief executives will have their salaries publicly disclosed in the next State Services Commission annual report in October. Read more »

Grass-fed beef a hit at Seoul food exhibition

Press Release – Meat And Wool New Zealand

New Zealand grass-fed beef was tasted by hundreds of Korean people who attended Seoul Food, the largest food and beverage trade show in South Korea, earlier this month. Read more »

Major HR stuff-up due to rushed Super City process

Press Release – Green Party

A major error by the Auckland Transition Agency has left hundreds of skilled council staff unable to apply for positions in the new Auckland Council the Green Party said today. Read more »

Winners are grinners

Press Release – Taranaki Regional Council

Winners are grinners – and in the case of three lucky Taranaki farming families, they’re also planters. Read more »

NZ firm remain relatively upbeat

Press Release – JP Morgan

The headline reading on the NBNZ business confidence index headed lower in May, but by less than expected. A net 48% of respondents (J.P. Morgan: 45%) to the survey expect that business conditions in New Zealand will improve over the next 12 months, … Read more »

Minister Smith Adds Insult To ETS Injury

Press Release – ACT New Zealand

As though it were not bad enough that National continues to mislead New Zealanders about the true cost of the ETS, Climate Change Minister Nick Smith has now insulted the men and women of our Defence Force – past and present – by trying to compare … Read more »

Study on economic potential of mining released

Press Release – Straterra

The potential value of mining to the New Zealand economy has again been reinforced following the release of a report by the Minerals Council of Australia this week. Read more »

New website launched for young employees

Press Release – New Zealand Government

Children and young people will have direct access to simple guidance about their rights and responsibilities when they enter the workforce with the launch today of the new website My First Job, says Minister of Labour Kate Wilkinson. Read more »

Be gone accursed junk-mail

Press Release – Specials This Week

Householders grow increasingly irritated by the weekly avalanche of junk mail that is put in letterboxes, and is often blown all over the garden and the street by the wind, according to the partners behind a new Web-based venture. Read more »

Wellington businesses, make yourselves clear

Press Release – WriteMark

Do you strive for simplicity and clarity in everything you write at work? Do you work hard to ensure people in Wellingtonknow exactly what they’re getting when they do business with you? Read more »

Copyright Watchdog Appoints New Chief

Press Release – Copyright Licensing Ltd

New Zealand’s print copyright protection agency, Copyright Licensing Ltd (CLL) announces Paula Browning as its new Chief Executive Officer. Paula will take up the position on 14 June 2010. Read more »

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