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 73]
King Salmon earnings at bottom of guidance range
Wednesday, 1 May 2019, 12:27 pm | BusinessDesk
May 1 (BusinessDesk) - New Zealand King Salmon expects annual earnings will come in at the bottom end of its previous forecast range as persistently warmer water increases the mortality rates at its fish farms. More >>
Access to power billing data to be streamlined
Wednesday, 1 May 2019, 11:11 am | BusinessDesk
May 1 (BusinessDesk) - Access to power consumers’ historic billing data is to be streamlined to speed up the process and lower costs for all parties. More >>
NZ dollar tad higher ahead of domestic jobs data
Wednesday, 1 May 2019, 11:09 am | BusinessDesk
May 1 (BusinessDesk) - The New Zealand dollar has shrugged off weak manufacturing data in China ahead of key domestic jobs data. More >>
Board committees - how many is too many?
Wednesday, 1 May 2019, 10:43 am | BusinessDesk
May 1 (BusinessDesk) - NZX companies have more separate board committees than they used to and are increasingly paying directors extra fees for serving on them, according to a recent report. More >>
NZ property value growth perks up in April
Wednesday, 1 May 2019, 10:19 am | BusinessDesk
May 1 (BusinessDesk) - New Zealand property values rose at a faster annual pace in April than in March, with regional increases offsetting a steady decline in Auckland. More >>
Summerset feels pinch of slowing housing market
Tuesday, 30 April 2019, 8:59 pm | BusinessDesk
April 30 (BusinessDesk) - Summerset Group has scaled back its development programme temporarily due to the slowdown in the housing market, particularly in Auckland and Christchurch. More >>
MARKET CLOSE: NZ shares gain 1.8% in April
Tuesday, 30 April 2019, 8:56 pm | BusinessDesk
April 30 (BusinessDesk) - New Zealand shares edged higher in the final day of April trading, capping a 1.8 percent gain for the month that saw the benchmark index cross the 10,000 level for the first time. More >>
NZ dollar eases
Tuesday, 30 April 2019, 8:55 pm | BusinessDesk
April 30 (BusinessDesk) - The New Zealand dollar eased after weaker-than-expected manufacturing data in China signalled a risk of a further slowdown in the world's second-largest economy. More >>
Govt seeks exploration proposals for onshore Taranaki
Tuesday, 30 April 2019, 7:37 pm | BusinessDesk
April 30 (BusinessDesk) - Almost 2,200 square-kilometres of Taranaki is being offered for oil and gas exploration in the much-delayed 2018 block offer. More >>
OceanaGold 1Q profit falls; still upbeat about full year
Tuesday, 30 April 2019, 5:32 pm | BusinessDesk
April 30 (BusinessDesk) - OceanaGold Corp's first-quarter profit fell 72 percent as operating costs rose but it remains upbeat that full-year production will improve. More >>
NZ businesses still gloomy about economy with weak outlook
Tuesday, 30 April 2019, 4:46 pm | BusinessDesk
April 30 (BusinessDesk) - New Zealand firms remain pessimistic about the general economic outlook, with few seeing growth in their own activity and more than half expecting weaker earnings. More >>
Govt's capital programme $1.4 billion below expectations
Tuesday, 30 April 2019, 2:32 pm | BusinessDesk
April 30 (BusinessDesk) - The government's capital investment programme got even further behind in March, with new purchases of physical assets almost $1.4 billion below Treasury's December forecast. More >>
NZSA says PFI should look at replacing long-serving director
Tuesday, 30 April 2019, 2:10 pm | BusinessDesk
April 30 (BusinessDesk) - Property for Industry should think about replacing a couple of very long-serving directors, the New Zealand Shareholders’ Association says. More >>
NZSA chair Hawkins steps down, replaced by Tony Mitchell
Tuesday, 30 April 2019, 1:58 pm | BusinessDesk
April 30 (BusinessDesk) - After about two years of threatening to do so, John Hawkins is stepping down as New Zealand Shareholders’ Association chair. More >>
Ebos to raise $150M in discounted placement, eyes more M&A
Tuesday, 30 April 2019, 12:32 pm | BusinessDesk
April 30 (BusinessDesk) - Ebos Group plans to raise $150 million in a discounted placement to pay down bank debt and reduce gearing as it eyes acquisition targets. More >>
TeamTalk, CityLink to rebrand as Vital
Tuesday, 30 April 2019, 12:25 pm | BusinessDesk
April 30 (BusinessDesk) - TeamTalk is ditching its name and that of its fibre business, CityLink, and rebranding both Vital. More >>
Asset Plus to buy downtown building from Auckland Council
Tuesday, 30 April 2019, 12:19 pm | BusinessDesk
April 30 (BusinessDesk) - Asset Plus has agreed to buy an Auckland CBD building for $58 million from Auckland Council, but will need shareholder approval for the deal. More >>
NZ dollar steady as markets await Fed statement
Tuesday, 30 April 2019, 10:59 am | BusinessDesk
April 30 (BusinessDesk) - The New Zealand dollar is steady as markets await the US Federal Reserve's monetary policy decision and statement later this week. Local business confidence data today will garner interest. More >>
UPDATE: Govt pledges $16M for census improvements
Monday, 29 April 2019, 9:54 pm | BusinessDesk
April 29 (BusinessDesk) - The government is committing an extra $10.36 million to fund Statistics New Zealand's preparations for the 2023 national census after lower than anticipated participation and completion marred the results of the 2018 census. More >>
NZ dollar rises ahead of NZ jobs data, US Fed decision
Monday, 29 April 2019, 9:52 pm | BusinessDesk
April 29 (BusinessDesk) - The New Zealand dollar was slightly stronger as markets await local March-quarter jobs numbers on Wednesday and the release of the Federal Reserve’s latest views on monetary policy the next day. More >>
