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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 74]
IAG raises premiums on disaster risk
Monday, 29 April 2019, 6:52 pm | BusinessDesk
April 29 (BusinessDesk) - IAG New Zealand announced a hike in home and contents premiums to reflect a higher risk of severe weather and natural disasters just days after the government outlined plans to plug the holes in insurance contract law. More >>
Annual census possible as govt data replacing formfilling
Monday, 29 April 2019, 5:32 pm | BusinessDesk
Annual census possible as govt data slowly replaces five-yearly form-filling More >>
Focus on low-emission supply chains an NZ opportunity
Monday, 29 April 2019, 3:43 pm | BusinessDesk
April 29 (BusinessDesk) - Increasing pressure on firms globally to reduce emissions throughout their supply chain is a genuine opportunity for New Zealand, Contact Energy says. More >>
Tobacco tax hike drives up cost of living for beneficiaries
Monday, 29 April 2019, 3:07 pm | BusinessDesk
April 29 (BusinessDesk) - The government's annual 10 percent hike on cigarettes and tobacco was most keenly felt among the country's poorest, resulting in a higher cost of living for beneficiaries and Maori. More >>
Skellerup buys Auckland foam firm for $6.5 million
Monday, 29 April 2019, 2:09 pm | BusinessDesk
April 29 (BusinessDesk) - Skellerup Holdings has bought Auckland-based Nexus Foams for about $6.5 million, which it says will immediately boost the group's earnings. More >>
Rising wages not expected to drive up consumer prices
Monday, 29 April 2019, 1:07 pm | BusinessDesk
April 29 (BusinessDesk) - Economists don't expect much change in the employment picture for the March quarter, with rising wages doing little to push up consumer prices, keeping the prospect of rate cuts alive. More >>
Councils paid out $1 billion for faulty buildings
Monday, 29 April 2019, 11:37 am | BusinessDesk
April 29 (BusinessDesk) - Building consent authorities are estimated to have stumped up about $1 billion during the past decade in compensation for defective buildings, including leaky homes. More >>
New inland port,Northport car centre among transport options
Monday, 29 April 2019, 11:35 am | BusinessDesk
April 29 (BusinessDesk) - An inland port in west Auckland and a vehicle importing and servicing centre at Northport are among a dozen potential transport investments a working group is considering to improve freight handling in the upper North Island. More >>
NZ dollar steady ahead of jobs data, Fed meeting
Monday, 29 April 2019, 11:21 am | BusinessDesk
April 29 (BusinessDesk) - The New Zealand dollar was steady early Monday as markets await domestic jobs data and the US Federal Reserve's policy meeting. More >>
All eyes on the Fed on Thursday
Monday, 29 April 2019, 11:13 am | BusinessDesk
April 29 (BusinessDesk) - The US Federal Reserve's latest verdict on monetary policy this week will be a key plank in the rate decision of New Zealand's central bank scheduled for May 8. More >>
MARKET CLOSE: NZX50 drops below 10,000 as blue-chips fall
Friday, 26 April 2019, 8:55 pm | BusinessDesk
April 26 (BusinessDesk) - The S&P/NZX 50 Index fell back below 10,000 after becoming the most expensive across Asia based on forward-looking metrics. Blue-chip stocks including Spark New Zealand, Goodman Property Trust and Ryman Healthcare were among ... More >>
NZ dollar bounces back
Friday, 26 April 2019, 8:12 pm | BusinessDesk
April 26 (BusinessDesk) - The New Zealand dollar rose, mainly reflecting a retracement against the Australian dollar following weaker-than-expected Australian inflation data on Wednesday. More >>
Fyfe-chaired medicinal cannabis firm gets $6 mln investment
Friday, 26 April 2019, 6:48 pm | BusinessDesk
April 26 (BusinessDesk) - Pure Cann New Zealand, which counts former Air New Zealand boss Rob Fyfe as its executive chair, has secured $6 million from Australia's Cann Group for a 20 percent stake in the local medicinal cannabis company. More >>
Hamilton council races to get special housing area
Friday, 26 April 2019, 6:47 pm | BusinessDesk
April 26 (BusinessDesk) - Hamilton City Council is rushing to get special housing designation for a planned property development before the government ditches the fast-tracked process. More >>
Air NZ turbine business wins US$17M contract
Friday, 26 April 2019, 2:31 pm | BusinessDesk
April 26 (BusinessDesk) - Air New Zealand Gas Turbines has won a US Navy maintenance contract worth more than US$17 million. More >>
NZ monthly exports hit record in March
Friday, 26 April 2019, 2:29 pm | BusinessDesk
April 26 (BusinessDesk) - New Zealand's exports hit a record in March amid revived Chinese demand for local dairy, meat and forestry products. More >>
NZ consumers more upbeat about current situation
Friday, 26 April 2019, 1:21 pm | BusinessDesk
April 26 (BusinessDesk) - Consumer confidence was a touch higher in April as New Zealanders were more upbeat about their current finances. More >>
Slowing China arrivals reinforce need for new tourism market
Friday, 26 April 2019, 1:13 pm | BusinessDesk
April 26 (BusinessDesk) - Reduced visitor numbers from China are a reminder of the need for New Zealand to keep looking for new potential markets for inbound tourism, Auckland International Airport says. More >>
COMMENT - The case for getting rid of trustees
Friday, 26 April 2019, 1:01 pm | BusinessDesk
April 26 (BusinessDesk) - The collapse of most of New Zealand’s debenture-selling finance companies exposed the fact that their trustees had been mere ticket clippers and box-tickers and provided investors with little in the way of practical protection ... More >>
NZ dollar gets some respite ahead of US GDP data
Friday, 26 April 2019, 11:27 am | BusinessDesk
April 26 (BusinessDesk) - The New Zealand dollar firmed ahead of key data in the US after bouncing off downside support in thin, holiday-affected trading. More >>
