Archive for December, 2015

Crude oil at 2004 prices, but petrol is 63% more expensive

Press Release – New Zealand First Party

New Zealand First is questioning the Government over why 91 Unleaded is 63% higher than in 2004, when crude oil has crashed to 2004 price levels. Read more »

Federated Farmers abandons political neutrality

Press Release – New Zealand First Party

New Zealand First says a Federated Farmers survey, which shows high farmer satisfaction with the government, is as reliable as a North Korean plebiscite. Read more »

A wet start to the New Year

Press Release – MetService

Severe weather, particularly heavy rain, will lead the headlines as we move into the New Year. While New Years Eve looks good for most places, including key holiday spots, heavy rain and strong winds will make their way south over the first Read more »

Tragic road toll calls for strategy re-think

Press Release – New Zealand Labour Party

The Government’s road safety strategies need an urgent re-think following the increase in road deaths over 2015, says Labours Transport Spokesperson, Sue Moroney. Read more »

Heavy rain, gales on way for New Year in Northland

Press Release – Northland Civil Defence Emergency Management

Those preparing to welcome in the New Year in Northland are being urged to keep an eye on the weather with the MetService predicting heavy rain and easterly gales over the next couple of days. Read more »

Storm warning for Auckland – holidaymakers be prepared

Press Release – Auckland Civil Defence Emergency Management Group

Auckland Civil Defence is urging campers, holiday makers and boaties to keep an eye on the weather forecast over the next few days as heavy rain and high winds are forecast. Read more »

Government inaction drives tourist road toll

Press Release – Dog And Lemon guide

The governments strategy for preventing tourist accidents has been a complete failure, says the car review website dogandlemon.com . Editor Clive Matthew-Wilson, who is an outspoken road safety campaigner, says many tourists simply lack the skills … Read more »

Otira bus crash update

Press Release – New Zealand Police

Police can confirm that 36 people are involved in todays crash between a bus and a car on SH73 at Otira Gorge. Read more »

NZ dollar heads for 12% decline in 2015 on dairy, China

Article – BusinessDesk

Dec. 31 (BusinessDesk) – The New Zealand dollar is heading for a 12 percent annual decline after weathering weaker dairy prices and concerns about slowing Chinese economic growth, and may extend its slide in early 2016 as US growth comes into view. Read more »

MARKET CLOSE: NZ shares end 2015 at record high

Article – BusinessDesk

MARKET CLOSE: NZ shares end 2015 at record high; Summerset, Orion, NZX gain, A2 falls Read more »

UPDATE: Intagr8 had ‘unsustainable business model’

Article – BusinessDesk

Dec. 31 (BusinessDesk) – Intagr8 Ltd, which was placed in liquidation this month after failing to pay creditors, ran an “unsustainable business model” with upfront sales revenue too meager to cover the cost of inducements for new customers … Read more »

Intagr8 had ‘unsustainable business model’, liquidator says

Article – BusinessDesk

Dec. 31 (BusinessDesk) – Intagr8 Ltd, which was placed in liquidation this month after failing to pay creditors, ran an “unsustainable business model” with upfront sales revenue too meager to cover the cost of inducements for new customers … Read more »

Buller Electricity wins takeover of Pulse Energy

Article – BusinessDesk

Dec. 31 (BusinessDesk) – Three of Pulse Energy’s directors have accepted Buller Electricity’s share offer, giving the South Island lines company more than 90 percent of the energy retailer’s shares and the ability to enforce compulsory acquisition of the remaining … Read more »

Dairy farmers top farm poll for optimism about 2016

Article – BusinessDesk

Dec. 31 (BusinessDesk) – Dairy farmers are the most optimistic group in New Zealand’s agricultural sector for the coming year, according to a Federated Farmers poll. Read more »

NZ dollar falls on weak oil prices, local importer selling

Article – BusinessDesk

Dec. 31 (BusinessDesk) – The New Zealand dollar declined as weaker oil prices weighed on commodity currencies and local importers sold the kiwi to pay for Christmas goods in a period of low foreign exchange liquidity. Read more »

While you were sleeping: Oil drops on US crude buildup

Article – BusinessDesk

Dec. 31 (BusinessDesk) – Equities continued to take their cue from oil prices, which moved lower after a report showing an unexpected build in US stockpiles Read more »

Federated Farmers mourns the loss of life member

Press Release – Federated Farmers

Federated Farmers expresses their deepest sympathies to the family of farmer and environmentalist Gordon Stephenson who died on Boxing Day. Read more »

MARKET CLOSE: NZ shares rise, led by Auckland Airport

Article – BusinessDesk

MARKET CLOSE: NZ shares rise, led by Auckland Airport, Z Energy; A2 falls from record Read more »

NZ dollar slips from 11-wk high, seen resuming upward trend

Article – BusinessDesk

Dec. 30 (BusinessDesk) – The New Zealand dollar fell from an 11-week high but is seen resuming its upward trend as the nation’s relatively appealing interest rates attract investors. Read more »

Gordon Stephenson A Great Kiwi

Press Release – New Zealand First Party

New Zealand First is joining with others to honour the life of farming environmentalist, Gordon Stephenson, who has passed away aged 91. Read more »

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