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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 786]
Foreign housing providers would be cash-flow positive: Key
Monday, 29 June 2015, 5:36 pm | BusinessDesk
June 29 (BusinessDesk) - Foreign organisations bidding for the government's social housing stock would have to stump up a lot of cash upfront, meaning it would be a very long time before they would be able to repatriate any profits back home, Prime ... More >>
NZ dollar edges up from 5-year low, may resume slide
Monday, 29 June 2015, 5:07 pm | BusinessDesk
NZ dollar edges up from 5-year low, may resume slide as Greek deadline looms More >>
NZ Dollar Outlook: Kiwi may fall on Greek uncertainty
Monday, 29 June 2015, 1:09 pm | BusinessDesk
June 29 (BusinessDesk) - The New Zealand dollar may decline this week, sinking as low as 66 US cents, as investors shed riskier assets in favour of safe havens amid uncertainty about Greece's ability to repay debts. More >>
Blue Sky FY profit sinks 36%, under-used plant blamed
Monday, 29 June 2015, 11:16 am | BusinessDesk
June 29 (BusinessDesk) - Blue Sky Meats, whose shares trade on the Unlisted platform, reported a 36 percent slide in annual profit, which it blamed on the under-utilisation of its processing facilities. More >>
RESEND: SeaDragon continues with leadership changes
Monday, 29 June 2015, 11:03 am | BusinessDesk
June 29 (BusinessDesk) - Leadership changes continue at SeaDragon, the Omega 3 fish oils company, with a number of new directors being appointed to add production and supply chain management experience ahead of its move into commercial production. More >>
Genesis to retire stored coal unit
Monday, 29 June 2015, 10:53 am | BusinessDesk
June 29 (BusinessDesk) - Genesis Energy, the country's biggest energy retailer, will permanently retire a coal/gas fired unit at the Huntly Power Station which has been in storage as renewable and thermal generation provide more than enough electricity ... More >>
NZ employment confidence dwindles in 2Q as wage outlook dims
Monday, 29 June 2015, 10:32 am | BusinessDesk
June 29 (BusinessDesk) - New Zealanders grew more downcast about the state of the labour market in the second quarter, with a softer outlook for wage growth weighing on confidence. More >>
SeaDragon continues with board overhaul
Monday, 29 June 2015, 10:23 am | BusinessDesk
June 29 (BusinessDesk) - Leadership changes continue at SeaDragon, the Omega 3 fish oils company, with a number of new directors being appointed to add production and supply chain management experience ahead of its move into commercial production. More >>
NZ firms innovate more with R&D grants, report shows
Monday, 29 June 2015, 9:50 am | BusinessDesk
NZ firms innovate more with R&D grants but overall innovation commercialisation is down, report shows More >>
Pushpay gets $960k R&D grant from Callaghan to help scale up
Monday, 29 June 2015, 9:42 am | BusinessDesk
Pushpay gets $960,000 R&D grant from Callaghan to help scale up payment platform More >>
NZ dollar falls to fresh 5-year low on Greek uncertainty
Monday, 29 June 2015, 8:43 am | BusinessDesk
NZ dollar falls to fresh 5-year low as investors seek safe haven assets on Greece uncertainty More >>
World Week Ahead: Grexit looms large
Monday, 29 June 2015, 6:52 am | BusinessDesk
June 29 (BusinessDesk) - A surprise call by Greek Prime Minister Alexis Tsipras for a referendum on the latest bailout offer from the nation’s creditors has sharply increased the risk of default and exit from the euro as well as a surge in market ... More >>
Ngati Whatua files court papers over Crown land in Auckland
Friday, 26 June 2015, 6:05 pm | BusinessDesk
June 26 (BusinessDesk) - Ngati Whatua, a member of the Tamaki Makaurau Collective, has filed a statement of claim in the High Court at Auckland over the government's decision not to offer land earmarked for housing development to the iwi first. More >>
MARKET CLOSE: NZ shares rise; Meridian, MRP gain
Friday, 26 June 2015, 5:33 pm | BusinessDesk
June 26 (BusinessDesk) - New Zealand shares rose as Meridian Energy and MightyRiverPower rebounded from recent lows. Diligent Corp and Fisher & Paykel Healthcare advanced as the kiwi dollar fell. More >>
NZ finishes wool season with smallest volume in 7 years
Friday, 26 June 2015, 5:28 pm | BusinessDesk
NZ finishes 2014/15 wool season with smallest volume sold at auction in at least 7 years More >>
NZ dollar heads for 0.3% weekly decline
Friday, 26 June 2015, 5:09 pm | BusinessDesk
NZ dollar heads for 0.3% weekly decline as financial markets hang on Greece debt talks More >>
Imarda NZ 2013 accounts tagged by auditor
Friday, 26 June 2015, 4:27 pm | BusinessDesk
June 26 (BusinessDesk) - Imarda NZ's 2013 accounts, released ahead of a proposed merger between its Australian parent and New Zealand's International Telematics Holdings, show a wider loss and were tagged by the auditor, who couldn't sign off on the value ... More >>
ASX-listed National Storage makes NZ foray
Friday, 26 June 2015, 3:59 pm | BusinessDesk
June 26 (BusinessDesk) - National Storage REIT, one of the largest self-storage providers in Australia, has made its first foray across the Tasman spending $23 million building a storage portfolio in Christchurch. More >>
UPDATE: Freightways, Airwork launch airfreight joint venture
Friday, 26 June 2015, 3:35 pm | BusinessDesk
June 26 (BusinessDesk) - Freightways, the courier and information management company, and aviation services firm Airwork Holdings have launched an airfreight network to replace Freightways’ existing unit, and will count New Zealand Post’s Express ... More >>
Pope talking 'drivel' on role of markets: NZ Initiative
Friday, 26 June 2015, 2:36 pm | BusinessDesk
June 26 (BusinessDesk) - The latest papal encyclical is "offensive", "infuriating" and "drivel" in its commentary on the operation of markets, says Oliver Hartwich, a self-professed Catholic and executive director of the New Zealand Initiative, ... More >>
