Archive for October, 2013

Stable wool pricing needed – Wools of New Zealand

Press Release – Wools of New Zealand

At an estimated average production cost of $4.50/kilo of greasy wool, cross bred wool growers have had only two years of profitable returns over the past decade, continuing a 30-year downward cycle. Read more »

Forestry death leads to fines for contractor

Press Release – Ministry of Business Innovation and Employment

A Taupo-based forestry contracting company has been fined $67,500 following the death of one of its crew members in a tree felling accident near Pongaroa in northern Wairarapa in November last year. Read more »

Ministers dodged meeting with MRP chair Withers over buyback

Article – BusinessDesk

Oct. 31 (BusinessDesk) – MightyRiverPowers shareholding ministers Bill English and Tony Ryall dodged a phone conference with chair Joan Withers in the lead-up to the power company announcing its share buyback after Treasury officials warned they … Read more »

Crowd-funding for investment, not refinancing loans

Article – BusinessDesk

Oct. 31 (BusinessDesk) Draft regulations governing the practice of crowd-funding suggest such offers should be limited by a principal purpose test to ensure crowd-funding services match issues with investors who have small amounts to invest. Read more »

MARKET CLOSE: NZ shares rise, as blue chips gain

Article – BusinessDesk

Oct. 31 (BusinessDesk) New Zealand shares rose as Fletcher Building climbed to its highest in more than five years and Telecom paced gains among blue chip companies. Tech start-up GeoOp soared 120 percent in its NZAX debut. Read more »

NZ features at Fort Lauderdale International Boat Show

Press Release – Marine Industry Association

Destination New Zealand as a brand, as a physical destination for cruising and as the home of several hundred New Zealand marine industry companies known for their superyacht refit and maintenance capabilities will feature at this years Fort … Read more »

Forestry death leads to fines for contractor

Press Release – Ministry of Business Innovation and Employment

A Wanganui forestry contracting company has been fined $67,500 following the death of one of its crew members in a tree felling accident near Pongaroa in northern Wairarapa in November last year. Read more »

Exclusive Rum Goes under the Hammer

Press Release – Webb’s

Webbs are pleased to be presenting to auction a single bottle of a luxury blend of the world’s most exclusive rum. Only 20 bespoke decanters are available worldwide, one of which is included in our forthcoming Fine & Rare Wine auction on the 4th of … Read more »

NZ dollar gains after Australian building approvals, RBNZ

Article – BusinessDesk

Oct. 31 (BusinessDesk) – The New Zealand dollar followed its Australian counterpart higher as a jump in Australian building consents helped lift both currencies and after Reserve Bank governor Graeme Wheeler said a strong kiwi may limit the timing … Read more »

Samsung Introduces Smartphone with 10x Optical Zoom

Press Release – Samsung New Zealand

Samsung Electronics New Zealand today announces the launch of the Samsung GALAXY S4 Zoom, an innovative device that combines features of the GALAXY S4 smartphone with advanced photographic capabilities. Read more »

Ultimate Hikes opens for Great Walks season, Milford’s 125th

Press Release – Ultimate Hikes

Queenstown-based Ultimate Hikes launches its 2013-14 season this week with the first guided walks on the Milford and Routeburn Tracks departing on Friday 1st November. Read more »

Minister welcomes new online youth project

Press Release – New Zealand Government

Broadcasting Minister Craig Foss has welcomed the launch of Radio New Zealands new online youth service The Wireless Read more »

Be a Modern Accounting Practice – Get the GiST

Press Release – Get the GiST

Get the GiST the latest online low cost initiative for Accounting Practices is set to launch 1 November 2013. Get the GiST is a set of core compliance value driven documents designed specifically for New Zealand Accounting Practices. All documents … Read more »

Wine Company Ownership Returns to Its Roots

Press Release – Amisfield Wine Company

Leading New Zealand businessman John Darby recently announced he has become the sole shareholder of multi award-winning Amisfield Wine Company. Read more »

John Marshall: Carterton balloon report media conference

Speech – Transport Accident Investigation Commission

The Carterton hot air balloon accident was New Zealands worst aviation tragedy since Erebus in 1979 and at the time it was the worlds second worst hot-air balloon accident on record. Read more »

TAIC calls for significant alcohol and drug regulation

Press Release – Transport Accident Investigation Commission

The Transport Accident Investigation Commission is calling for significant reform of alcohol and drug regulation across the aviation, rail and marine modes in its final report of the inquiry into the January 2012 hot-air balloon collision with … Read more »

Feedback sought on new financial market regulations

Press Release – New Zealand Government

Commerce Minister Craig Foss today released for consultation the first set of draft regulations to bring the Financial Markets Conduct (FMC) Act 2013 into effect. Read more »

Clearview embracing FAWC! four times over

Press Release – Clearview Winery

Clearview Estate Winery and Restaurant is all about wine and food so its no surprise that it has embraced the regions annual food and wine FAWC! Festival not once, but four times. Read more »

Riverbank Carpark and Block Road to remain closed overnight

Press Release – Hutt City Council

With Hutt River levels still high and heavy rain forecast for this afternoon and evening the Riverbank Carpark and Block Road will remain closed overnight. Read more »

War on tax dodging prompts U-turn on foreign profit reports

Article – BusinessDesk

Oct. 31 (BusinessDesk) The government is reversing a decision that would have excluded most foreign-owned New Zealand companies from having to publish annual financial statements publicly as global tax authorities focus on the growing problem of multi-national … Read more »

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