BusinessDesk - Latest News [Page 1]

Brian Gaynor – exclusively on BusinessDesk from this weekend

Friday, 10 January 2020, 11:58 am | BusinessDesk

BusinessDesk’s expansion continues with the announcement of a new marquee columnist and the opening of a new, permanent Auckland newsroom. More >>

BusinessDesk goes public with new offer

Thursday, 7 November 2019, 12:49 pm | BusinessDesk

New Zealand has a new business news website with the launch of BusinessDesk at . More >>

Kiwis spend more than expected in September

Friday, 11 October 2019, 2:54 pm | BusinessDesk

New Zealanders are still opening their wallets although wet weather dampened some enthusiasm for spring clothing. More >>

Red tape and levies cut in Building Act Overhaul

Friday, 11 October 2019, 2:34 pm | BusinessDesk

The government plans to cut red tape for prefabricated building processes, introduce minimal building product standards and reduce building levies by 13 percent as part of a major overhaul of building law. More >>

More dairy needed to achieve sustainable global diet

Friday, 11 October 2019, 2:19 pm | BusinessDesk

While dairy consumption in Europe and North America exceeds the levels proposed in a sustainable reference diet modelled in an EAT-Lancet study earlier this year, the global average is still only about half that targeted, Jeremy Hill told delegates ... More >>

New Zealand manufacturers still struggling

Friday, 11 October 2019, 2:18 pm | BusinessDesk

New Zealand’s manufacturing activity shrank for a third month in September as production hit its lowest level in more than seven years. More >>

Walmart US boss flies home as incoming Air NZ CEO

Friday, 11 October 2019, 12:52 pm | BusinessDesk

Air New Zealand has appointed Greg Foran, currently chief executive of Walmart US, as its new CEO from early next year. More >>

Michael Hill Q1 sales rise 9.7%

Friday, 11 October 2019, 12:49 pm | BusinessDesk

Jeweller Michael Hill International reported a 9.7 percent lift in September-quarter sales but said margin compression continues. More >>

Sky fightback sees it keep Cricket World Cup rights

Friday, 11 October 2019, 12:32 pm | BusinessDesk

Sky Network Television bounced back from yesterday's loss of the domestic cricket broadcasting rights with a deal that will see it keep world cup coverage for the next four years. More >>

NZ dollar falls against British pound

Friday, 11 October 2019, 11:18 am | BusinessDesk

The New Zealand dollar tumbled against the British pound after Ireland's prime minister said a Brexit deal by Oct. 31 is possible. More >>

MARKET CLOSE: NZ shares fall; Sky routed

Thursday, 10 October 2019, 8:45 pm | BusinessDesk

New Zealand shares fell as Sky Network Television was routed by the loss of its rights to broadcast domestic cricket matches, the stock slumping to an all-time low in heavy trading. More >>

NZ dollar rises as US-China trade negotiations dominate

Thursday, 10 October 2019, 8:44 pm | BusinessDesk

The New Zealand dollar firmed slightly after being batted hither and yon by news reports emanating from the China-US trade negotiations. More >>

ASB sells Aegis investment administrator to MMC

Thursday, 10 October 2019, 7:37 pm | BusinessDesk

ASB Bank says it has sold its investment administration and custody business Aegis to MMC, a specialist outsourcing and investment administration business based in Auckland, for an undisclosed sum. More >>

Directors urged to improve understanding of climate change

Thursday, 10 October 2019, 3:51 pm | BusinessDesk

Company directors are not as aware of climate change challenges as they should be and risk leaving their firms insufficient time to respond, says Karen Silk, deputy chair of the Sustainable Business Council. More >>

Consumers face steeper meat prices

Thursday, 10 October 2019, 3:34 pm | BusinessDesk

New Zealand consumers are getting squeezed as Chinese buyers scour the world for animal protein, pushing up prices after African Swine Fever decimated Asia's pork industry. More >>

Memo to Oz-owned banks: resistance on IRB models is futile

Thursday, 10 October 2019, 2:54 pm | BusinessDesk

The big four Australian-owned banks ought to have realised in February that it was futile to resist the Reserve Bank's intention to severely restrict the competitive advantage they gain from using their own internal models to calculate capital. More >>

Sky shares plunge as Spark steals cricket rights

Thursday, 10 October 2019, 2:01 pm | BusinessDesk

Sky Network Television shares plunged below $1 for the first time in its 21 years as a listed company after Spark New Zealand pulled the rug out from under the pay-TV operator in securing cricket broadcasting rights. More >>

Risk frameworks need 'fundamental rethink' on climate

Thursday, 10 October 2019, 1:49 pm | BusinessDesk

New Zealand’s risk and resilience frameworks need a “fundamental rethink” if communities are going to adapt to the greater potential risks arising from climate change, Local Government New Zealand says. More >>

NZ dollar dips on easing US-China tensions

Thursday, 10 October 2019, 11:10 am | BusinessDesk

The New Zealand dollar was slightly weaker as the greenback benefited from reduced tensions between the US and China ahead of tomorrow’s trade talks. More >>

FMA cage-rattling sees Westpac pledge to cut KiwiSaver fees

Thursday, 10 October 2019, 10:27 am | BusinessDesk

The Financial Markets Authority is broadening its focus to consider whether KiwiSaver investors are getting value for money but it still believes the cost of managing that money should be cheaper. More >>



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