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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 779]
2/3s of workers would quit for more flexible work: survey
Friday, 10 July 2015, 12:33 pm | BusinessDesk
Two-thirds of workers would quit if offered a job with more flexibility, survey finds More >>
NZ wool prices ease in 1st sale of season on weak demand
Friday, 10 July 2015, 11:47 am | BusinessDesk
July 10 (BusinessDesk) - New Zealand wool prices eased in the first sale of the new 2015/16 season as demand weakened. More >>
NZ guest nights rise at fastest pace in two years in May
Friday, 10 July 2015, 11:31 am | BusinessDesk
NZ guest nights rise at fastest pace in 2 years on boost from domestic, international travellers More >>
ComCom sees mid-December decision on Z's Chevron acquisition
Friday, 10 July 2015, 11:28 am | BusinessDesk
July 10 (BusinessDesk) - The Commerce Commission has indicated it expects to make a decision on whether Z Energy will be cleared to buy the rival Caltex petrol station chain by mid-December. More >>
NZVIF breaks even or better from one-in-five exits
Friday, 10 July 2015, 10:55 am | BusinessDesk
July 10 (BusinessDesk) - The New Zealand Venture Investment Fund, the Crown-funded start-up investor, has broken even or made money on 21 percent of its exited investments, which it says is in line with early-stage investment expectations. More >>
SkyCity convention centre consent will be non-notified
Friday, 10 July 2015, 10:42 am | BusinessDesk
July 10 (BusinessDesk) - SkyCity Entertainment Group, New Zealand's only listed casino company, said the resource consent application for its planned Auckland convention centre will proceed on a non-notified basis, allowing it to be processed quicker. More >>
Convicted fraudster Scutts gets 8 months home detention
Friday, 10 July 2015, 10:19 am | BusinessDesk
July 10 (BusinessDesk) - Peter Scutts, the former head of New Zealand Wine Co, has been sentenced to eight months home detention after being found guilty of fraud in May. More >>
NZ dollar holds steady on optimism over China, Greece
Friday, 10 July 2015, 8:36 am | BusinessDesk
July 10 (BusinessDesk) - The New Zealand dollar was little changed as risk sentiment improved following a bounce in Chinese equities and as Greece submitted new proposals for its creditors ahead of talks this weekend. More >>
While you were sleeping: Relief rally on China
Friday, 10 July 2015, 8:09 am | BusinessDesk
July 10 (BusinessDesk) - Equities advanced, while US Treasuries fell, after Chinese stocks bounced and Greece prepared to submit a fresh reform proposal to secure a new international bailout. More >>
Cruise ship travellers to pay more under border levy
Thursday, 9 July 2015, 5:44 pm | BusinessDesk
July 9 (BusinessDesk) - Cruise ship travellers look likely to be charged a higher rate - possibly nearly $3 per person more - than others under a new levy imposed from January on all travellers arriving and leaving New Zealand. More >>
MARKET CLOSE: NZ shares fall on China, Greece fears
Thursday, 9 July 2015, 5:34 pm | BusinessDesk
July 9 (BusinessDesk) - New Zealand shares fell as global uncertainty over China's financial markets and Greece's debt crisis spooked investors. Kathmandu Holdings, Warehouse Group and Restaurant Brands declined in a broad-based selloff. More >>
NZ dollar holds gains as traders await Greek proposal
Thursday, 9 July 2015, 5:10 pm | BusinessDesk
July 9 (BusinessDesk) - The New Zealand dollar held onto its overnight gains in local trading as investors wait for the Greek government to put forward a debt proposal to European leaders against a backdrop of increasingly volatile financial markets. More >>
Govt told to keep quiet on KiwiSaver kickstarter axing
Thursday, 9 July 2015, 3:59 pm | BusinessDesk
July 9 (BusinessDesk) - The Treasury warned the New Zealand government not to announce the axing of the $1,000 kick-start KiwiSaver payment prior to Budget 2015 to avoid a spike of enrolments to the self-funding retirement and savings scheme. More >>
Fraud accused seeks stay of proceedings
Thursday, 9 July 2015, 2:24 pm | BusinessDesk
July 9 (BusinessDesk) - A person facing fraud-related charges is seeking a stay of proceedings ahead of an eight-week trial scheduled to start in September, the High Court in Wellington heard today. More >>
Attorney-General appeals for US return of Doctom's devices
Thursday, 9 July 2015, 2:07 pm | BusinessDesk
July 9 (BusinessDesk) - The Attorney-General's appeal to send Kim Dotcom's computers and other devices to the US continued in the Court of Appeal today, with the Crown arguing for cloned devices and their passwords to be released to the US. More >>
Strategist advises on new breed of exponential organisations
Thursday, 9 July 2015, 12:03 pm | BusinessDesk
Business strategist to advise kiwi companies on how to become the new breed of 'exponential organisations' More >>
NZ retail spending on credit,debit cards stalls in June
Thursday, 9 July 2015, 11:38 am | BusinessDesk
July 9 (BusinessDesk) - New Zealand spending on electronic cards stalled in June as declines in apparel and durables outweighed increases in consumables and hospitality. More >>
Mercer's annual earnings fall after missing sales targets
Thursday, 9 July 2015, 11:11 am | BusinessDesk
July 9 (BusinessDesk) - Mercer Group annual earnings fell after the stainless steel fabricator and manufacturer sold less of its Titan 500 slicers than it expected. More >>
NZ dollar gains as traders favour kiwi over Aust dollar
Thursday, 9 July 2015, 8:40 am | BusinessDesk
July 9 (BusinessDesk) - The New Zealand dollar gained as traders exited the Australian dollar in favour of the kiwi on concern a slump in iron ore prices will weigh heavily on the Australian economy. More >>
While you were sleeping: China concerns grow
Thursday, 9 July 2015, 7:58 am | BusinessDesk
July 9 (BusinessDesk) - Wall Street fell, along with European equities, amid concern about the persistent fire-sale of Chinese stocks and the outlook for the Asian nation’s economy. A 5.9 percent slump in the Shanghai Composite Index Wednesday brought its ... More >>
