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BusinessDesk - Latest News [Page 202]

Former Hamilton mayor Hardaker tapped to chair EPA

Tuesday, 17 July 2018, 8:55 pm | BusinessDesk

July 17 (BusinessDesk) - Lawyer Julie Hardaker is the new chair of the Environmental Protection Authority. More >>

Insurers welcome govt review of health cover

Tuesday, 17 July 2018, 8:54 pm | BusinessDesk

July 17 (BusinessDesk) - Insurers are happy to see the role of private health cover in an ageing population included in a wide-ranging government review. More >>

EA appoints MBIE energy boss James Stevenson-Wallace

Tuesday, 17 July 2018, 4:34 pm | BusinessDesk

July 17 (BusinessDesk) - The Electricity Authority has appointed one of the government’s senior energy policy advisors as its new chief executive. More >>

Trustpower targets greater savings, better service

Tuesday, 17 July 2018, 3:49 pm | BusinessDesk

July 17 (BusinessDesk) - Trustpower plans further automation in order to lower costs and improve services in the hotly contested power and broadband markets it operates in. More >>

NZ June qtr inflation just below forecast

Tuesday, 17 July 2018, 1:55 pm | BusinessDesk

July 17 (BusinessDesk) - New Zealand second-quarter inflation was slightly lower than economists had expected but in line with central bank forecasts as housing-related prices continue to push higher. More >>

NZ Refining reports negative margins

Tuesday, 17 July 2018, 1:42 pm | BusinessDesk

July 17 (BusinessDesk) - New Zealand Refining has reported negative margins for the first time in five years after a major maintenance shut had to be extended last month. More >>

NZ residential property sales dip in June

Tuesday, 17 July 2018, 12:44 pm | BusinessDesk

July 17 (BusinessDesk) - New Zealand house sales fell 1.6 percent in June from a year earlier as a cooling in activity followed the onset of winter was limited to what's considered affordable housing, pushing out the time to sell and sapping the ... More >>

Electric car-share Mevo attracts more funding from Z Energy

Tuesday, 17 July 2018, 12:38 pm | BusinessDesk

July 17 (BusinessDesk) - Z Energy has more than doubled its investment in Mevo, the Wellington-based electric car-sharing firm, with The Wellington Company and European Motor Distributors also investing. More >>

NZ dollar little changed ahead of June qtr inflation

Tuesday, 17 July 2018, 11:28 am | BusinessDesk

July 17 (BusinessDesk) - The New Zealand dollar was little changed ahead of local inflation figures, which will firm up views on whether the Reserve Bank has scope to cut the official cash rate any further, and as Federal Reserve chair Jerome Powell ... More >>

MARKET CLOSE: NZ shares down on Asia-wide losses

Monday, 16 July 2018, 8:40 pm | BusinessDesk

MARKET CLOSE: NZ shares down on Asia-wide losses amid trade nerves, Fisher & Paykel, Synlait fall By Sophie Boot More >>

Financial adviser group takes crack at default KiwiSaver

Monday, 16 July 2018, 8:38 pm | BusinessDesk

July 16 (BusinessDesk) - A group of financial advisers want the government to change the default KiwiSaver fund settings, which they say aren't working, and support government stepping into the default role, at a time when MPs are considering a bill to set ... More >>

NZ dollar pushes higher against greenback ahead of CPI data

Monday, 16 July 2018, 8:35 pm | BusinessDesk

July 16 (BusinessDesk) - The New Zealand dollar pushed higher in Asian trading ahead of tomorrow's inflation data that will be closely watched given chatter about possible rate cuts by the central bank. More >>

Marsden Maritime hires ex-WSP-Opus manager Felix Richter

Monday, 16 July 2018, 7:28 pm | BusinessDesk

July 16 (BusinessDesk) - Marsden Maritime Holdings has appointed former WSP-Opus International general manager Felix Richter as its new chief executive, effective from next month. More >>

Supreme Court rejects Trends Publishing bid

Monday, 16 July 2018, 7:26 pm | BusinessDesk

July 16 (BusinessDesk) - The Supreme Court has rejected an appeal by Trends Publishing International over a deal it put to creditors, which it said was "fundamentally misconceived" as a related party had an equal say on whether to accept the compromise. More >>

Delegat's Group net profit in year to June up 17%

Monday, 16 July 2018, 3:50 pm | BusinessDesk

July 16 (BusinessDesk) - Delegat Group, New Zealand’s largest listed winemaker, said its operating net profit in the year to June lifted 17 percent to a record $44.9 million, underpinned by record global case sales, lower cost of sales per case, higher ... More >>

NZ services sector shows small expansion in June

Monday, 16 July 2018, 2:02 pm | BusinessDesk

July 16 (BusinessDesk) - New Zealand's services sector activity, which accounts for about two-thirds of the economy, slowed to its smallest expansion in June since December 2012, according to the BNZ-BusinessNZ performance of services index (PSI). More >>