Archive for August, 2016

NZ shares rise, led by Warehouse, Ryman

Article – BusinessDesk

Aug. 31 (BusinessDesk) – New Zealand shares rose as investors reshuffled their portfolios following earnings season, with Warehouse Group and Ryman Healthcare up while Orion Health Group dropped. Read more »

NZ dollar gains on signs of robust economy

Article – BusinessDesk

NZ dollar gains on signs of robust economy, while Fed hikes wait on run of strong data Read more »

Partnership Delivers NZ first for digital signage

Press Release – Labyrinth Solutions

Kiwi technology company partners with Global brand to deliver a New Zealand first for digital signage Read more »

Sugar taxes: Labour should look at evidence

Press Release – New Zealand Taxpayers’ Union

Taxpayers Union Urges Labour Party to Look Closely at the Evidence Before Promoting Sugar Tax Read more »

Feds Says GMO Decision Shows Law Is Short-sighted

Press Release – Federated Farmers

The full potential of genetically modified organisms (GMOs) will never be realised if central government is not given full jurisdiction to regulate their use says Federated Farmers president Dr William Rolleston. Read more »

Restaurant or Rest home?

Press Release – ServiceIQ

You could be forgiven for thinking that Harbourview Rest Home in Porirua is a high quality restaurant judging by the delicious meals its residents enjoy. Read more »

Comvita to become biggest investor in SeaDragon

Press Release – BusinessDesk

Aug. 31 (BusinessDesk) – SeaDragon shareholders have overwhelmingly voted in favour of funding arrangements with Comvita that will result in the manuka honey company becoming the biggest investor in the fish oil refiner with as much as 36.5 percent … Read more »

Zespri cuts forecast 2017 profit, grower returns

Article – BusinessDesk

Aug. 31 (BusinessDesk) – Kiwifruit marketer Zespri has reduced its forecast 2017 profit and some grower returns for the current season because increased crop volumes for the Green variety are weighing on prices. Read more »

Spark issues 10-year bond, paying 3.94%

Article – BusinessDesk

Aug. 31 (BusinessDesk) – Spark New Zealand is to raise $125 million in 10-year bonds, paying investors an interest rate of 3.94 percent. Read more »

Havelock North cricket pavillion move

Press Release – Hastings District Council

The historic building that has stood on the Havelock North Village Green for 80 years has made the move across the park and has come through the experience unscathed. Read more »

Henderson claims judicial bias in appeal over tax conviction

Article – BusinessDesk

Aug. 31 (BusinessDesk) – Christchurch-based property developer David Henderson has asked the Court of Appeal to overturn his conviction for seven tax charges, with his lawyer claiming that the judge showed apparent bias in his remarks during the … Read more »

Rural women isolated and relying on social media: report

Press Release – Kellogg Rural Leadership Programme

Rural women say isolation is the most significant issue in their lives and traditional rural womens groups are unable to fill that void. Read more »

GE appoints energy industry veteran as Country Leader for NZ

Press Release – GE New Zealand

Auckland, New Zealand, August 31, 2016 GE has announced the appointment of Kevin Hart as GE Country Leader for New Zealand. Read more »

Police investigating power tool burglaries appeal to public

Press Release – New Zealand Police

Auckland Central District Police are appealing for members of the pubic to identify two individuals who burgled a Mt Wellington hardware store in July. Read more »

Cocktail Earth Cup Kick Carbon To The Curb

Press Release – 42 Below

QUEENSTOWN, NEW ZEALAND, 25th AUGUST 2016 — The results are in and whilst Australia has the overall bragging rights, with the highest score across their five teams, James Millar and Cameron Attfield from The Gin Room in Auckland, New Zealand are … Read more »

FAA buys kiwi screening technology

Article – BusinessDesk

Aug. 31 (BusinessDesk) – State-owned air traffic controller Airways New Zealand has inked a “very significant” deal with the US Federal Aviation Administration, which will use New Zealand-developed technology to pre-screen potential recruits … Read more »

Apple New Zealand Must Now Pay Fair Rate of Tax

Press Release – Oxfam

Apple New Zealand Must Now Pay Fair Rate of Tax, Says Oxfam, Following European Ruling Read more »

Customers Reconnected to Network Supply

Press Release – Unison

Unison Networks today advised a large number of customers who had been relying on generated power had now been reconnected to usual network supply, following the worst storm-related damage the lines company had seen in over a decade. Read more »

Mad Butcher owner Veritas shares slump 17% on losses

Article – BusinessDesk

Aug. 31 (BusinessDesk) – Shares in Veritas, the listed hospitality group which owns the Mad Butcher franchise and the Nosh food markets, have slumped 17 percent after its unaudited full-year results showed heavy losses and a board weighing up whether … Read more »

Lewis Pass motor inn fails to pay migrant worker

Press Release – Ministry of Business Innovation and Employment

A motor inn and caf in Lewis Pass has been ordered to pay $19,296 in penalties and arrears by the Employment Relations Authority (ERA) for failing to pay a migrant worker minimum wage or holiday pay. Read more »

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