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 580]
Key tells Reserve Bank to 'get on with it'
Tuesday, 5 July 2016, 4:35 pm | BusinessDesk
July 5 (BusinessDesk) - Prime Minster John Key has indicated he'd support a move by the Reserve Bank to try to take the heat out of the property market by raising restrictions on lending to property investors. More >>
Coromandel gold miner raises $4.69 million in rights issue
Tuesday, 5 July 2016, 4:22 pm | BusinessDesk
July 5 (BusinessDesk) - New Talisman Gold Mines has raised $4.69 million in a rights issue that the company had hoped would raise up to $12.26 million. More >>
Callaghan Innovation inaugural boss Mary Quin resigns
Tuesday, 5 July 2016, 4:04 pm | BusinessDesk
July 5 (BusinessDesk) - Callaghan Innovation chief executive Mary Quin has resigned from the government funding agency after three years in the role. More >>
Talks to avert school holidays airport security strike
Tuesday, 5 July 2016, 3:21 pm | BusinessDesk
July 5 (BusinessDesk) - Unions representing staff who screen passengers at New Zealand's main domestic airports have agreed to further talks with the Aviation Security Service but a strike notice is to remain in force. More >>
NZ commodity prices rise in June, led by seafood, dairy
Tuesday, 5 July 2016, 1:24 pm | BusinessDesk
July 5 (BusinessDesk) - New Zealand commodity prices rose for a second month in June, led by more seafood and dairy products, although an appreciating kiwi dollar limited those gains in local currency terms. More >>
Justice Minister to review extradition request to China
Tuesday, 5 July 2016, 12:48 pm | BusinessDesk
July 5 (BusinessDesk) - High Court judge Jill Mallon has told Justice Minister Amy Adams to have another look at the country's first extradition request to the People's Republic of China for an accused murderer. More >>
NZ home values rise at the fastest pace in 12 years
Tuesday, 5 July 2016, 12:10 pm | BusinessDesk
July 5 (BusinessDesk) - New Zealand residential property values increased at the fastest pace in 12 years in June, driven by strong demand. More >>
Port of Tauranga chairman Pilkington slams 'super-port' idea
Tuesday, 5 July 2016, 11:09 am | BusinessDesk
July 5 (BusinessDesk) - Port of Tauranga chairman David Pilkington said his company's shareholders would take some convincing that building a new “super-port” at the Firth of Thames or Manukau Harbour to serve the upper North Island would be a good ... More >>
Auckland average house price rises 3.9% in June from May
Tuesday, 5 July 2016, 10:57 am | BusinessDesk
Auckland average house price rises 3.9% in June from May as sales fall: Barfoot More >>
Colonial Motor Co shares climb to month-high
Tuesday, 5 July 2016, 10:55 am | BusinessDesk
July 5 (BusinessDesk) - Colonial Motor Co shares rose to the highest in a month after the listed motor vehicle distributor said it expects to post a record profit in 2016. More >>
NZ budget surplus exceeds forecast in 11 months to May 31
Tuesday, 5 July 2016, 10:45 am | BusinessDesk
NZ budget surplus exceeds forecast in 11 months to May 31, on track to meet full-year surplus More >>
NZ new vehicle sales jump in June
Tuesday, 5 July 2016, 10:43 am | BusinessDesk
July 5 (BusinessDesk) - New Zealand new vehicle sales rose to their highest level for a June month for 34 years, helped by demand at the National Agricultural Fieldays. More >>
NZ businesses turn optimistic in June quarter
Tuesday, 5 July 2016, 10:42 am | BusinessDesk
July 5 (BusinessDesk) - New Zealand firms turned optimistic about the state of the economy in the June quarter as moderating cost pressures helped boost margins and lifted profit expectations. More >>
NZ dollar TWI climbs to new 13-month high
Tuesday, 5 July 2016, 8:50 am | BusinessDesk
July 5 (BusinessDesk) - The New Zealand dollar rose to a new 13-month high on a trade-weighted basis as the relatively high yield on offer continues to attract investors wary of low interest rates persisting for longer than expected. More >>
While you were sleeping: Gold, silver shine
Tuesday, 5 July 2016, 7:17 am | BusinessDesk
July 5 (BusinessDesk) - European equities moved lower, ending a four-day winning streak, while commodities including gold and silver rallied amid bets central banks will add fresh stimulus to bolster the global economy. More >>
NZD slips from year-high vs. Aussie
Monday, 4 July 2016, 5:20 pm | BusinessDesk
The New Zealand dollar slipped from a year-high against its trans-Tasman counterpart after ratings agencies downplayed the threat a hung parliament would have on Australia's triple-A credit rating. More >>
Infrastructure fund will 'de-risk' housing costs - Smith
Monday, 4 July 2016, 5:18 pm | BusinessDesk
July 4 (BusinessDesk) - The government's $1 billion housing infrastructure fund will "de-risk" the costs of future-proofing development in high-growth areas for a local government sector that still recalls the debacle over Kaipara District ... More >>
NZ Super's stake in Kathmandu falls below 5%
Monday, 4 July 2016, 3:33 pm | BusinessDesk
July 4 (BusinessDesk) - The New Zealand Superannuation Fund is no longer a substantial shareholder in Kathmandu Holdings after Mint Asset Management used a 16 percent jump in the share price last Thursday to sell. More >>
Treasury says Brexit might scrimp spending on Lions tour
Monday, 4 July 2016, 3:29 pm | BusinessDesk
July 4 (BusinessDesk) - The Treasury doesn't expect New Zealand's economy will be stressed by the UK public's decision to quit the European Union in the short-term, although visiting Britons during next year's Lions rugby tour may tighten their belts ... More >>
Private sector running port on council-owned land an option
Monday, 4 July 2016, 3:16 pm | BusinessDesk
July 4 (BusinessDesk) - Auckland should consider letting a private company run a relocated port's operations, with Auckland Council remaining at least a part landowner, says the study on the port's future. More >>
