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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 1343]
KiwiRail loses land, wiping $6.7B from asset base
Wednesday, 27 June 2012, 12:53 pm | BusinessDesk
KiwiRail to lose land in restructure that wipes $6.7B from assets, puts shine on returns More >>
Jobless kiwis' wellbeing tops that of 'disengaged' workers
Wednesday, 27 June 2012, 12:18 pm | BusinessDesk
June 27 (BusinessDesk) - Unemployed kiwis have a better overall level of wellbeing than ‘disengaged’ employees, according to consulting company Gallup's global wellbeing finder. More >>
MIDDAY UPDATE: NZ trade surplus narrows in May
Wednesday, 27 June 2012, 11:59 am | BusinessDesk
June 27 (BusinessDesk) - New Zealand’s trade surplus narrowed in May, as expected, as imports rose faster than exports, widening the annual deficit. More >>
AMP gears up in self-managed funds in Australia
Wednesday, 27 June 2012, 11:55 am | BusinessDesk
June 27 (BusinessDesk) - AMP is gearing up in the self-managed superannuation sector in Australia but is not signalling a similar move in New Zealand. More >>
NZ trade surplus narrows as imports outpace exports
Wednesday, 27 June 2012, 11:43 am | BusinessDesk
June 27 (BusinessDesk) - New Zealand’s trade surplus narrowed in May, as expected, as imports rose faster than exports, widening the annual deficit. More >>
NZ Oil & Gas flags uplift in Kupe reserves
Wednesday, 27 June 2012, 10:53 am | BusinessDesk
June 27 (BusinessDesk) - New Zealand Oil & Gas says reserves at the Kupe field are likely to be increased for the first time since 2010 after the latest assessment by the operator, Origin Energy. More >>
Former Trade Me bullion trader warned on price fixing
Wednesday, 27 June 2012, 10:20 am | BusinessDesk
June 27 (BusinessDesk) - An attempt by online dealer Silver Seller Ltd to fix prices with a competitor has elicited a warning from the Commerce Commission and a ban from Trade Me. More >>
Cavalier ceases spinning at Onehunga with 70 job losses
Wednesday, 27 June 2012, 9:36 am | BusinessDesk
June 27 (BusinessDesk) - Cavalier Corp is closing a yarn spinning plant in Onehunga where about 90 people are employed. More >>
NZ dollar rises as EU summit expectations, US optimism dim
Wednesday, 27 June 2012, 8:25 am | BusinessDesk
June 27 (BusinessDesk) - The New Zealand dollar rose amid concerns the European Union summit on Thursday will fail to deliver a concrete solution to the regions debt crisis and as weaker-than-expected data boosted demand for high yielding currencies, such ... More >>
While you were sleeping: US home prices show strength
Wednesday, 27 June 2012, 7:31 am | BusinessDesk
June 27 (BusinessDesk) – Wall Street recovered from yesterday's declines, helped by data showing US home prices rose for a third straight month in April, underpinning hopes the industry is finally showing more convincing signs of recovery. More >>
Hannah on SMES: Australia, a viable option?
Tuesday, 26 June 2012, 5:14 pm | BusinessDesk
Kiwis, however, have been quitting New Zealand for years heading across the Ditch in search of higher wages and better living standards. More >>
IAG names Matthew Cody as general manager of AMI
Tuesday, 26 June 2012, 3:25 pm | BusinessDesk
June 26 (BusinessDesk) - AMI Insurance has named Matthew Cody as general manager following its acquisition by Insurance Australia Group. More >>
‘Apple Futures’ stops Europe getting the pip with residue
Tuesday, 26 June 2012, 2:13 pm | BusinessDesk
June 25 (BusinessDesk) – Kiwi apple growers have maintained their profitable north European markets by greatly reducing fruit spray residues. More >>
Dow AgroSciences has small NZ loss on raw material shortage
Tuesday, 26 June 2012, 1:58 pm | BusinessDesk
June 26 (BusinessDesk) – Dow AgroSciences (New Zealand) turned to a loss in 2011, partly reflecting difficulty in sourcing raw materials for its weed and pest control products because of strong demand for agricultural chemicals in the US and Latin ... More >>
Infratil defends Snapper against Auckland Transport claims
Tuesday, 26 June 2012, 12:39 pm | BusinessDesk
June 26 (BusinessDesk) - Infratil, the investment infrastructure firm, has defended its Snapper unit against Auckland Transport's claims it will miss the deadline to integrate its contactless card with the city's public transport network. More >>
MIDDAY UPDATE: Wheeler named new RBNZ governor
Tuesday, 26 June 2012, 11:53 am | BusinessDesk
June 26 (BusinessDesk) - Graeme Wheeler, a former executive at the World Bank, has been named the new governor of the Reserve Bank of New Zealand. More >>
Former World Bank executive Wheeler named new RBNZ chief
Tuesday, 26 June 2012, 11:43 am | BusinessDesk
June 26 (BusinessDesk) - Graeme Wheeler, a former executive at the World Bank, has been named the new governor of the Reserve Bank of New Zealand. More >>
Glass Earth completes C$2.36M placement to fund JV buyout
Tuesday, 26 June 2012, 9:35 am | BusinessDesk
June 26 (BusinessDesk) - Glass Earth Gold, the miner whose shares trade on the NZAX and Canada’s TSX Venture Exchange, completed a C$2.36 million private placement of shares that will be used to buy out its joint venture partner in Otago. More >>
NZ dollar may fall from near 7-week high ahead of EU summit
Tuesday, 26 June 2012, 8:56 am | BusinessDesk
NZ dollar may fall from near 7-week high on concern EU leaders struggling to resolve crisis More >>
While you were sleeping: Summit expectations plummet
Tuesday, 26 June 2012, 7:32 am | BusinessDesk
June 26 (BusinessDesk) – Equities slumped on both sides of the pond as concern prevailed that this week's two-day summit of European Union leaders will produce little in the way of turning around the debt crisis. More >>
