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 303]
While you were sleeping: Tax outlook lifts Wall St
Tuesday, 19 December 2017, 10:55 am | BusinessDesk
Dec. 19 (BusinessDesk) - Wall Street rose to fresh records, lifting the Nasdaq above 7,000 points, as investors bet that the Republicans will succeed in finalising a bill this week that will cut corporate taxes. More >>
Govt to kick off zero carbon law consultation
Monday, 18 December 2017, 8:49 pm | BusinessDesk
Govt to kick off zero carbon law consultation with view to have bill ready by October More >>
MARKET CLOSE: NZ shares down, Air NZ and Contact drop
Monday, 18 December 2017, 8:34 pm | BusinessDesk
MARKET CLOSE: NZ shares down, Air NZ and Contact drop while Scales, Oceania Health rise More >>
NZ dollar gains as US budget deal deadline comes into focus
Monday, 18 December 2017, 8:14 pm | BusinessDesk
Dec. 18 (BusinessDesk) - The New Zealand dollar rose against the greenback on concern there are risks around Republican leaders looking to pass tax reform legislation and reach a budget deal with the Democrats before the end of the week to avoid a ... More >>
China Construction Bank NZ ordered to pay 'principal's bond'
Monday, 18 December 2017, 4:39 pm | BusinessDesk
Dec. 18 (BusinessDesk) - China Construction Bank (New Zealand) has been ordered to pay out on a 'principal's bond' after a contractor working for one of the developers of the Scott Point special housing area in Hobsonville, Auckland, won summary judgment ... More >>
ANZ Investments profit falls, dividend and costs to ANZ rise
Monday, 18 December 2017, 4:31 pm | BusinessDesk
Dec. 11 (BusinessDesk) - ANZ New Zealand Investments saw profit fall but income rise in the latest financial year as it paid a bigger dividend and more in operating costs to its parent company. More >>
NZ consumer confidence eases in December
Monday, 18 December 2017, 4:30 pm | BusinessDesk
Dec. 18 (BusinessDesk) - New Zealand consumer confidence dipped in December, the third consecutive decline, with both current and future conditions easing slightly. More >>
OIO considers $105.5 mln buyout of Harvard dairy farms
Monday, 18 December 2017, 4:18 pm | BusinessDesk
Dec. 18 (BusinessDesk) - The Overseas Investment Office is considering the sale of Harvard University's 5,500-head dairy farms in the South Island to a Singapore-based investor. More >>
Stuff Fibre warned by ComCom over broadband speed claims
Monday, 18 December 2017, 4:15 pm | BusinessDesk
Dec. 18 (BusinessDesk) - Stuff Fibre has been warned by the Commerce Commission over its unsubstantiated broadband speed claims. More >>
Dry summer weather prompts farmers to offload stock, AgriHQ
Monday, 18 December 2017, 3:10 pm | BusinessDesk
Dec. 18 (BusinessDesk) - Dry summer weather is denting grass growth, prompting farmers to reduce their livestock numbers, with the increased volumes of animals hitting the market starting to weigh on prices, according to AgriHQ's Monthly Sheep & ... More >>
APM Workcare's annual NZ earnings shrink as staff bolstered
Monday, 18 December 2017, 3:06 pm | BusinessDesk
Dec. 18 (BusinessDesk) - APM Workcare's New Zealand business reported a 19 percent drop in annual profit in 2017 as the Australian employment and rehab services provider's local unit added staff to meet new contracts. More >>
Rabobank appoints Todd Charteris as new CEO
Monday, 18 December 2017, 2:21 pm | BusinessDesk
Dec. 18 (BusinessDesk) - Rabobank New Zealand will appoint Todd Charteris as its new chief executive officer, replacing Daryl Johnson. More >>
NZ services sector activity lifts in November
Monday, 18 December 2017, 2:20 pm | BusinessDesk
Dec. 18 (BusinessDesk) - New Zealand's services sector activity, which accounts for about two-thirds of the economy, advanced in November, snapping two months of declines, led by increases in sales and new orders. More >>
South Port to defend Invercargill City Council suit
Monday, 18 December 2017, 12:18 pm | BusinessDesk
Dec. 18 (BusinessDesk) - South Port NZ, whose biggest shareholder is Southland Regional Council, says it will defend proceedings filed by Invercargill City Council seeking title to land transferred to the port when it was established in 1988. More >>
Oceania Healthcare to buy vacant lot for new facility
Monday, 18 December 2017, 12:13 pm | BusinessDesk
Dec. 18 (BusinessDesk) - Oceania Healthcare has agreed to buy a vacant lot in Auckland's St Heliers valued at $15.6 million for an undisclosed sum, which it plans to develop into a new retirement village. More >>
NZ$ Gains to Month-High vs Pound as Weaker Brexit Mulled
Monday, 18 December 2017, 11:46 am | BusinessDesk
Dec. 18 (BusinessDesk) - The New Zealand dollar rose to a month-high versus a broadly weaker pound on speculation the progress of Brexit negotiations could slow and fell versus the greenback on optimism about US tax cuts. More >>
BusinessDesk World Week Ahead: Will US Tax Bill Pass?
Monday, 18 December 2017, 9:25 am | BusinessDesk
Dec. 18 (BusinessDesk) - Wall Street starts the week at record highs as investors bet that the long-awaited US tax reform plan might be passed by Congress, and sent to the White House, as early as this week. More >>
MARKET CLOSE: NZ shares rise, Comvita and Trilogy jump
Friday, 15 December 2017, 8:50 pm | BusinessDesk
MARKET CLOSE: NZ shares rise, Comvita and Trilogy jump while Xero drops in heavy trading on leaving NZX50 More >>
Cleaning franchisor CrestClean bullish on outlook
Friday, 15 December 2017, 8:16 pm | BusinessDesk
Cleaning franchisor CrestClean bullish on outlook, aims to double in size within 5-7 years More >>
NZ dollar heads for 2.4% weekly gain on Orr appointment
Friday, 15 December 2017, 8:14 pm | BusinessDesk
Dec. 15 (BusinessDesk) - The New Zealand dollar is headed for a 2.4 percent weekly gain against the greenback after getting a solid lift on news of a new central bank governor and benefiting from US dollar weakness. More >>
