Scoop has an Ethical Paywall
BusinessDesk
Independent, Trustworthy New Zealand Business News
The Wellington-based BusinessDesk team provides a daily news feed for a serious business audience.
BusinessDesk - Latest News [Page 133]
Just Water adds home ventilation business
Thursday, 6 December 2018, 3:26 pm | BusinessDesk
Dec. 6 (BusinessDesk) - Auckland-based Just Water is continuing its expansion into healthy home ventilation and natural lighting with an agreement in principle to acquire ductless ventilation system vendor Unovent, for an undisclosed sum. More >>
NZX trading getting busier on lower value transactions
Thursday, 6 December 2018, 2:59 pm | BusinessDesk
Dec. 6 (BusinessDesk) - NZX trading activity grew by more than a third in November from a year earlier as the stock market operator's efforts to drive trading through the bourse stoked a greater number of lower value transactions. More >>
NZ dollar dragged down
Thursday, 6 December 2018, 1:09 pm | BusinessDesk
Dec. 6 (BusinessDesk) - The New Zealand dollar slipped below 69 US cents as negative sentiment about a weaker-than-expected Australian economy spilled over across the Tasman and as Canada's central bank adopted a more negative outlook. More >>
Pragmatism needed on agricultural emissions
Thursday, 6 December 2018, 12:17 pm | BusinessDesk
Dec. 6 (BusinessDesk) - An overly purist treatment of agricultural gases in climate change policy risks slowing this country’s response and politicising the process, the chair of the Interim Climate Change Committee says. More >>
Fonterra cuts payout, Tip Top on the block
Thursday, 6 December 2018, 12:08 pm | BusinessDesk
Dec. 6 (BusinessDesk) - Fonterra Cooperative group lowered its forecast payout to its farmer shareholders due to global milk supply remaining strong relative to demand. More >>
NZ dollar dragged down by weaker than expected Oz growth
Thursday, 6 December 2018, 11:40 am | BusinessDesk
Dec. 6 (BusinessDesk) - The New Zealand dollar slipped below 69 US cents as negative sentiment about a weaker-than-expected Australian economy spilled over across the Tasman and as Canada's central bank adopted a more negative outlook. More >>
MARKET CLOSE: NZ shares join global decline on trade jitters
Wednesday, 5 December 2018, 9:08 pm | BusinessDesk
MARKET CLOSE: NZ shares join global decline as trade jitters re-emerge; Gentrack, F&P Health fall More >>
NZ dollar gains vs Aussie
Wednesday, 5 December 2018, 8:20 pm | BusinessDesk
Dec. 5 (BusinessDesk) - The New Zealand dollar rose against its Australian counterpart after rate hikes across the Tasman look even more distant in the wake of disappointing third-quarter economic growth. More >>
BNZ-NAB money-go-round ends up with $345M for Australia
Wednesday, 5 December 2018, 8:19 pm | BusinessDesk
Dec. 5 (BusinessDesk) - Bank of New Zealand is paying its Australian parent, National Bank of Australia, a $945 million dividend and the parent is giving $600 million of that back to it as additional equity. More >>
Promisia Integrative launches high risk rights issue
Wednesday, 5 December 2018, 7:42 pm | BusinessDesk
Dec. 5 (BusinessDesk) - Dietary supplements company Promisia Integrative is warning investors that if they participate in its $1.67 million capital raising they run a high risk of losing their money. More >>
Govt's commercially focused $100M green investment fund
Wednesday, 5 December 2018, 7:42 pm | BusinessDesk
Dec. 5 (BusinessDesk) - The government’s $100 million Green Investment Finance fund, launched today, will concentrate its efforts on decarbonisation investments outside renewable energy, Green Party co-leader James Shaw says. More >>
Vector wins claim on Penrose fire compensation
Wednesday, 5 December 2018, 7:40 pm | BusinessDesk
Dec. 5 (BusinessDesk) - Vector is to be repaid more than $300,000 after the High Court ruled the country’s electricity industry disputes body was wrong to find the company’s negligence had caused the Penrose substation fire in 2014 and that ... More >>
NZ commodity prices fall for sixth consecutive month
Wednesday, 5 December 2018, 4:50 pm | BusinessDesk
New Zealand commodity prices fell for a sixth straight month in November with the strong kiwi dollar denting returns, ANZ Bank New Zealand's monthly commodity price index shows. More >>
Hallenstein's board too long in the tooth
Wednesday, 5 December 2018, 4:46 pm | BusinessDesk
The New Zealand Shareholders’ Association will vote to re-elect two of Hallenstein Glasson Holdings’ long-serving directors but says the company should be looking for fresh blood. More >>
Why Vital Healthcare institutional investors are rebelling
Wednesday, 5 December 2018, 3:04 pm | BusinessDesk
Dec. 5 (BusinessDesk) - At the root of the stoush between institutional investors in Vital Healthcare Property Trust and its manager is the fear that the manager may buy property at the top of the market. More >>
NZ building activity slows in September quarter
Wednesday, 5 December 2018, 3:03 pm | BusinessDesk
Dec. 5 (BusinessDesk) - New Zealand's building activity slowed in the September quarter as flat commercial construction offset a pick-up in residential work. More >>
Auckland houses sales jump from 2017 lull in November
Wednesday, 5 December 2018, 2:45 pm | BusinessDesk
Dec. 5 (BusinessDesk) - Auckland house prices rose from a lull last year in November in the busiest month for city's biggest realtor since May. More >>
New visa category the answer to skills shortage?
Wednesday, 5 December 2018, 2:40 pm | BusinessDesk
Dec. 5 (BusinessDesk) - An employment lawyer is calling for a new visa category that lets skilled migrants work as contractors rather than being tied to a single employer. More >>
Vital Healthcare's exposure to Healthscope jumps to A$81M
Wednesday, 5 December 2018, 2:22 pm | BusinessDesk
Dec. 5 (BusinessDesk) - Vital Healthcare Property Trust’s exposure to ASX-listed Healthscope has increased to A$81 million, its manager says. More >>
Fonterra reaches provisional deal with Beingmate
Wednesday, 5 December 2018, 1:51 pm | BusinessDesk
Fonterra Cooperative Group has reached a provisional deal with Chinese partner Beingmate Baby & Child Food to unwind their Darnum joint venture in Australia. More >>
