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 165]
Briscoes' Rod Duke taken to court over Auckland helipad
Tuesday, 2 October 2018, 7:17 pm | BusinessDesk
Oct. 2 (BusinessDesk) - Briscoe Group boss Rod Duke is facing a High Court challenge later this month over the helicopter pad he is building on an inner-city Auckland beach. More >>
RBNZ pays biggest dividend in three years, buoyed by FX gain
Tuesday, 2 October 2018, 3:57 pm | BusinessDesk
Oct. 2 (BusinessDesk) - The Reserve Bank has paid its biggest dividend in three years after its bottom line was boosted by the weaker Kiwi dollar. More >>
NZ firms most pessimistic in nine years, blame govt policy
Tuesday, 2 October 2018, 1:28 pm | BusinessDesk
Oct. 2 (BusinessDesk) - New Zealand firms blamed government policy and rising labour costs for their gloomiest sentiment in nine years, according to the New Zealand Institute of Economic Research. More >>
NZ dollar flatlines vs greenback
Tuesday, 2 October 2018, 11:39 am | BusinessDesk
Oct. 2 (BusinessDesk) - The New Zealand dollar flat-lined against the greenback as a revised North American Free Trade Agreement bolstered support for Canada's currency and underpinned gains on Wall Street. More >>
MARKET CLOSE: NZ shares fall as Spark, Ryman give up gains
Monday, 1 October 2018, 8:43 pm | BusinessDesk
MARKET CLOSE: NZ shares fall as Spark, Ryman give up recent gains in quiet trading More >>
Kiwi loses ground as US trade deal boosts Canadian dollar
Monday, 1 October 2018, 8:36 pm | BusinessDesk
Oct. 1 (BusinessDesk) - The New Zealand dollar fell against a stronger Canadian dollar after news that a tentative new North American free trade deal had been reached. More >>
Treasury picking steady growth to year-end
Monday, 1 October 2018, 8:34 pm | BusinessDesk
Oct. 1 (BusinessDesk) - Treasury is expecting steady growth through to the end of the year, supported by the government’s Families Package, on-going high net migration and a modest recovery in housing activity. More >>
Ebert Construction's tradies, subbies won't claw back much
Monday, 1 October 2018, 8:32 pm | BusinessDesk
Oct. 1 (BusinessDesk) - Ebert Construction's receivers expect most of the $33.8 million owed to tradespeople and subcontractors won't be repaid. More >>
High Court says CBL Insurance creditor deal beyond scope
Monday, 1 October 2018, 7:24 pm | BusinessDesk
Oct. 1 (BusinessDesk) - The interim liquidators of CBL Insurance can't make a deal with the firm's largest creditor Elite Insurance as it's beyond their powers, according to the High Court. More >>
Straker earmarks A$13.5M to fund sales
Monday, 1 October 2018, 4:49 pm | BusinessDesk
Oct. 1 (BusinessDesk) - Straker Translations will use almost two-thirds of the A$21.2 million raised in an initial public offering for sales, development and acquisitions as it chases further growth. More >>
PB Tech fined $77,000 for warranty breaches
Monday, 1 October 2018, 3:44 pm | BusinessDesk
Oct. 1 (BusinessDesk) - Computer retailer PB Technologies has been fined $77,000 for failing to inform consumers of their rights under extended warranties it sold. More >>
More commercial-scale solar needed - EECA
Monday, 1 October 2018, 3:21 pm | BusinessDesk
Oct. 1 (BusinessDesk) - Commercial-scale solar is a renewable energy option the country should be making more of, the Energy Efficiency and Conservation Authority says. More >>
Orion Health shareholders back carve-up, capital return
Monday, 1 October 2018, 1:16 pm | BusinessDesk
Oct. 1 (BusinessDesk) - Orion Health Group investors vented their frustrations at the software company's dismal performance as a listed company but signed off on plans to split up the business and return capital to shareholders. More >>
Infratil to raise up to $250M in two bond offers
Monday, 1 October 2018, 1:08 pm | BusinessDesk
Oct. 1 (BusinessDesk) - Infratil wants to raise up to $250 million through two bond offers as the infrastructure investor tries to buy out minority shareholders in Tilt Renewables. More >>
NZ dollar gains vs euro
Monday, 1 October 2018, 11:41 am | BusinessDesk
Oct. 1 (BusinessDesk) - The New Zealand dollar rose against the euro as Italian bond yields shot up amid fears Europe's third-biggest economy isn't doing enough to clamp down on government spending. More >>
Child drowns in Rolleston, Canterbury
Sunday, 30 September 2018, 10:07 pm | BusinessDesk
Police and emergency services attended a drowning incident near a private address in Rolleston, Canterbury at about 4pm today. More >>
Tractor slips into reservoir - two people deceased"
Sunday, 30 September 2018, 10:06 pm | BusinessDesk
Two people have reportedly died following an incident in Northern Otago about 5pm this evening. More >>
MARKET CLOSE: NZ shares climb as NZX50 gains 4.3% in Sept
Friday, 28 September 2018, 9:06 pm | BusinessDesk
Sept. 28 (BusinessDesk) - New Zealand shares rose in the final day of the quarter, led higher by blue-chip stocks such as Spark New Zealand and Ryman Healthcare. More >>
NZ dollar heads for 1.2% weekly fall
Friday, 28 September 2018, 8:25 pm | BusinessDesk
NZ dollar heads for 1.2% weekly fall as US-NZ interest gap widens By Rebecca Howard More >>
Pyne Gould plans to quit NZX for Guernsey bourse
Friday, 28 September 2018, 8:09 pm | BusinessDesk
Sept. 28 (BusinessDesk) - Pyne Gould Corp wants to quit the NZX in favour of a listing in Guernsey, where the company is now based. More >>
