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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 216]
Parker's criticism of ANZ confidence survey based on Bagrie
Monday, 18 June 2018, 5:38 pm | BusinessDesk
Parker's criticism of ANZ confidence survey based on comments Bagrie made at Xero function More >>
Reducing vehicle crime in Waitemata
Monday, 18 June 2018, 4:04 pm | BusinessDesk
Police are launching an operation which will focus on reducing motor vehicle theft in the Waitemata area. More >>
Services industry growth quickens in May
Monday, 18 June 2018, 2:25 pm | BusinessDesk
New Zealand’s services industry growth quickens in May as new orders jump By Margreet Dietz More >>
Bunnings NZ owes employees $11m for incorrect payments
Monday, 18 June 2018, 1:32 pm | BusinessDesk
June 18 (BusinessDesk) - Bunnings, the hardware chain owned by Australia's Wesfarmers, will pay more than $11 million to 12,235 New Zealand past and current employees after identifying mistakes in implementing the Holidays Act 2003. More >>
Millionaire Chow brothers move ahead with plans
Monday, 18 June 2018, 1:00 pm | BusinessDesk
June 18 (BusinessDesk) - Millionaire businessmen John and Michael Chow, who have made their fortune from brothels, hotels and property deals, said they are moving forward with their plans to take Chow Group private. More >>
NZ dollar falls as tit-for-tat tariffs from US
Monday, 18 June 2018, 12:07 pm | BusinessDesk
NZ dollar falls as tit-for-tat tariffs from US, China unsettle markets, weigh on commodities By Jonathan Underhill More >>
Tasman Police urgently seek person who towed in jet ski
Sunday, 17 June 2018, 4:30 pm | BusinessDesk
Tasman Police are urgently trying to locate the person or persons who towed in a grey and red coloured jet ski from offshore Kaiteriteri this afternoon then left the area. We need to establish the circumstances of how the jet ski came to be in ... More >>
RESEND: ANZ rejects David Parker's criticism
Saturday, 16 June 2018, 12:22 pm | BusinessDesk
(Resends story published Friday June 15, adds detail over communication in 4th paragraph, removes ambiguity in 8th paragraph) More >>
CORRECT: MARKET CLOSE: NZX 50 inches lower
Saturday, 16 June 2018, 11:21 am | BusinessDesk
CORRECT: MARKET CLOSE: NZX 50 inches lower as Freightways, Ryman drop; A2 back in favour More >>
MARKET CLOSE: NZX 50 rises to record led by Synlait, A2
Friday, 15 June 2018, 8:32 pm | BusinessDesk
MARKET CLOSE: NZX 50 rises to record led by Synlait, A2 while Freightways, Ryman drop More >>
NZ dollar heading for 1.1% weekly decline
Friday, 15 June 2018, 8:10 pm | BusinessDesk
June 15 (BusinessDesk) - The New Zealand dollar is headed for a 1.1 percent weekly decline against the greenback, which has strengthened in the face of a weaker euro and stronger economic data. More >>
ANZ rejects Parker's criticism of business confidence survey
Friday, 15 June 2018, 6:42 pm | BusinessDesk
June 15 (BusinessDesk) - ANZ Bank New Zealand has rejected assertions by Economic Development Minister David Parker that the bank's business confidence surveys are "junk", saying they're a reliable indicator of business activity. More >>
Palmers duo welcome new shareholder
Friday, 15 June 2018, 6:40 pm | BusinessDesk
June 15 (BusinessDesk) - Kevin Brewer, an Auckland-based business consultant, has provided a cash injection to the Palmers Gardenworld chain, taking a stake in its brands and franchise businesses for an undisclosed sum. More >>
Big burger joints lag behind growing Kiwi appetite
Friday, 15 June 2018, 5:14 pm | BusinessDesk
Big burger joints lag behind growing Kiwi appetite for food and beverage services By Rebecca Howard More >>
Tourism industry wants infrastructure improvement
Friday, 15 June 2018, 3:26 pm | BusinessDesk
June 15 (BusinessDesk) - Tourism industry bodies have responded to the government's proposed levy on international visitors positively - provided they benefit from the money raised. More >>
NZ manufacturing activity slows in May
Friday, 15 June 2018, 2:17 pm | BusinessDesk
June 15 (BusinessDesk) - New Zealand's manufacturing activity weakened in May to produce a reading "just above average", with an "abrupt stalling" in the employment index raising concern. More >>
Weaker performance offset by robust NZ ag sector
Friday, 15 June 2018, 12:38 pm | BusinessDesk
June 15 (BusinessDesk) - PGG Wrightson reaffirmed its forecast for annual earnings, saying weaker performance from its Australian and South American businesses would be offset by better trading in New Zealand. More >>
NZ dollar gains vs euro on timing of ECB rate hikes
Friday, 15 June 2018, 11:50 am | BusinessDesk
June 15 (BusinessDesk) - The New Zealand dollar rose against a broadly weaker euro after the European Central Bank said it may not hike interest rates until late 2019 while stronger US retail sales data also helped lift the greenback. More >>
MARKET CLOSE: NZ shares at record in mixed trading
Thursday, 14 June 2018, 8:48 pm | BusinessDesk
MARKET CLOSE: NZ shares at record in mixed trading, Air NZ and Fisher & Paykel rise while Fonterra drops on ComCom concerns More >>
NZ dollar gains against greenback as markets digest Fed
Thursday, 14 June 2018, 8:47 pm | BusinessDesk
June 14 (BusinessDesk) - The New Zealand dollar gained against the greenback as markets digested US Federal Open Market Committee statement and subsequent press conference. It also got a lift against the Aussie on disappointing jobs data across the Tasman. More >>
