Archive for June, 2009

Pumpkin Patch signals retreat from U.S.

Article – Businesswire

June 30 – Pumpkin Patch Ltd., the children’s clothing chain, will shut 20 of its 35 U.S. stores, targeting newer outlets that had failed to turn a profit in a shrinking consumer market. The stock jumped 10% to NZ$1.49.
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Inflation likely to emerge as resurgent risk: RBNZ

Article – Businesswire

June 30 – Inflation, which has evaporated with the prolonged recession, is likely to loom as a challenge for central banks once confidence returns to global markets, the Reserve Bank of New Zealand said in its annual statement of intent.
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MARKET CLOSE: NZ shares rise; Pumpkin Patch jumps

Article – Businesswire

MARKET CLOSE: NZ shares rise as qtr ends; Pumpkin Patch up on U.S. retreat
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Two Harcourts North Shore franchises merge

Press Release – Harcourts

Two of Harcourts’North Shore franchises, Cooper & Co Real Estate and Top Bays Realty Ltd are merging – combining forces to create a formidable group with seven offices and around 140 residential, lifestyle and commercial sales consultants.
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Emirates Offers Special ‘Be A Kid Again’ Fares

Press Release – Emirates Airlines

Emirates has launched an eye-catching ‘adult fares at child fare prices’ deal on economy flights from Auckland to Sydney.
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Swing ‘rush’ gets American couple going and going

Press Release – Shotover Canyon Swing

An American couple have cancelled their flights twice and delayed their trip home to relive their Shotover Canyon Swing experience in Queenstown – again, and again, and again, and again………..
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Brownlee: Coal Seam Gas Industry Briefing

Speech – New Zealand Government

It’s great to be here today for what I hope will be the first of many conferences in New Zealand dedicated to coal seam gas. Coal seam gas has the potential to make a sizeable contribution to New Zealand’s energy security, our economic growth rate, …
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Non-English speaking migrants best for trade

Article – Businesswire

June 30 – New Zealand’s immigration policy should target more non-English speaking migrants because of their value in opening up new markets and tourism, according to a research report by the New Zealand Institute for Economic Research, released …
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Statement From Pacific Brands Group General Mngr

Press Release – Pacific Brands

As previously advised, Pacific Brands put a proposal to staff in New Zealand in early March that involved exiting the manufacturing of clothing in Palmerston North and exiting the Christchurch sock factory. Following a consultation period, the company …
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Growers close ranks around Zespri monopoly

Article – Businesswire

June 30 – Calls by Turners & Growers for deregulation of the kiwifruit industry are falling on deaf ears among growers and at Parliament, with the Agriculture Minister David Carter saying he will only support change if the industry does.
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Fullers Group cleared to acquire 360 Discovery

Press Release – Commerce Commission

The Commerce Commission has granted clearance for Fullers Group Limited to acquire most of the assets of the business called 360 Discovery operated by Kiwi Kat Limited.
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NZITO to Move into Waikato Innovation Park

Press Release – Joint Media Statement

New Zealand Industry Training Organisation (NZITO) has announced today it has signed a lease at the Waikato Innovation Park and will move into the Park’s new building on 31 July. The organisation is currently located in Hamilton’s central business …
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Student ultrasound researcher scoops award

Press Release – Industrial Research Ltd

Ultrasound researcher Andrew Dawson has been named the winner of a prestigious international student innovation competition.
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2010 World Cup: South Africa, Emirates Get Ready

Press Release – Emirates Airlines

When the party finally finished at Johannesburg’s Ellis Park Stadium after the Confederations Cup soccer final last weekend, the countdown to the 2010 FIFA World Cup kick-off in South Africa truly started.
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Prudential Liquidity policy for banks released

Press Release – Reserve Bank

The Reserve Bank today announced the release of its prudential liquidity policy for banks.
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Funding boost for early childhood education

Press Release – New Zealand Government

Early childhood education services will receive an inflation-based funding boost of 1.95 per cent from 1 July, Education Minister Anne Tolley announced today.
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Newmarket grows by over 50% from tomorrow

Press Release – Newmarket Business Association

Just when everything in the economy seems to be contracting, Newmarket is bucking the trend and expanding dramatically. From 1 July, the Newmarket Business Association’s official geographical area will grow by over 50%.
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There’s nothing romantic in running down rail

Press Release – New Zealand Labour Party

Nothing exposes the National Government’s inability to think beyond the short term more than its constant belittling of KiwiRail and its rail network, says Labour Transport spokesperson Darren Hughes.
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Consumers face further price increases

Press Release – Hospitality Association of New Zealand

New Zealanders face a price increase on their favourite alcoholic beverage, says Hospitality Association Chief Executive Bruce Robertson. Increases in excise tax on 1 July will trigger manufacturers and retailers moving their prices to cover not …
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Commerce Commission Should Bust Zespri Monopoly

Press Release – Libertarianz Party

Libertarianz leader Richard McGrath suggested the Commerce Commission justify its continued existence by stripping the Zespri cartel of its privileged position as a price-fixing coercive monopoly.
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