Scoop NZ: Business (131)

Appointment of Adrian Orr to RBNZ a signal for change?

The appointment of Adrian Orr to be the new Governor of the Reserve Bank of New Zealand appears to be a good move by the Minister of Finance. To be really effective, however, Mr Orr will need to take seriously the issue of our sustained overvalued ...

API Talent Ranked 130 Fastest Growing Technology Company

API Talent Ranked Number 130 Fastest Growing Technology Company on the Deloitte Technology Fast 500 Asia Pacific 2017.

Christchurch Helicopters Wins International Recognition

Christchurch Helicopters winning the prestigious Salute to Excellence 'Humanitarian Service' Helicopter Association International award for 2018 is a magnificent achievement said John Nicholson, Chief Executive of industry body Aviation New Zealand.

Consumer Protection helping you this Christmas

In the pre-Christmas rush, consumers are reminded to know their rights and shop safely this Christmas.

Westpac to close 5 branches

Westpac customers are vowing to close their accounts and take their business elsewhere if Westpac refuses to go back on its plan to close five branches across the country, the bank workers’ union has warned.

nib to grow market share under new whitelabel health deal

nib New Zealand has further strengthened its whitelabelling capabilities joining forces with Fairfax Media New Zealand to launch a new health insurance brand in the New Zealand market - Done . Under the relationship, New Zealanders will ...

Transforming the tourism industry into a force for GOOD

The future of the tourism industry is being questioned by a Wellington-based social enterprise, GOOD Travel .

Status Quo Confirmed for Gas Companies

The Commerce Commission has released its final decision not to amend the information requirements applying to gas pipeline businesses who apply for a customised price-quality path .

Satellite Technology Signals Game Changer for Kiwi Farmers

Livestock Improvement Corporation announced today the launch of an innovative satellite technology called SPACE - a giant leap forward for pasture management. SPACE uses satellite images to measure pasture, ...

Foil the fraudsters this festive season

13 December 2017 Foil the fraudsters this festive season As we head into the summer holidays, the New Zealand Bankers’ Association is reminding people to watch out for financial crime. 'Fraudsters love this time of year. They know we’re busy ...

November Highlights Significant Lift in Housing Activity

REINZ Figures Show Largest October/November Volume Increase in 6 Years – Record Median Prices Recorded in 7 Regions.

Deloitte Global TMT Predictions

Wellington, New Zealand, 13 DEC 2017 – Deloitte Global forecasts major strides in machine learning for the enterprise, a worldwide appetite for digital subscriptions among consumers, and ongoing smartphone dominance—along with eight additional predictions—as ...

Shifts of Tomorrow and Ways to Design for Positive Change

Accenture Report Identifies Underlying Currents Driving the Shifts of Tomorrow and Ways to Design for Positive Change

PriceSpy Reveals Kiwis Are Last Minute Online Xmas Shoppers

With less than two weeks to go until the big day hits, there’s no getting away from the fact that the Christmas silly season is upon us. If you’re feeling panicked that you haven’t yet started shopping for your loved ones, rest assured you’re ...

New Zealand to trial drone traffic management system

Airways is calling for Unmanned Aerial Vehicle , or drone, users to take part in the trial of New Zealand’s first UAV traffic management platform. Airways has partnered with global airspace management provider AirMap to deliver the platform ...

Rangatira Investments takes 50% stake in Mrs Higgins

Dec. 12 - Rangatira Investments has taken a 50 percent stake in specialist cookie retailer Mrs Higgins, and will help bankroll a new manufacturing plant due to open in February as well as further expansion.

F&P Healthcare extends patent fight vs ResMed

Dec. 12 - Fisher and Paykel Healthcare has extended its patent fight with ResMed to Australia, seeking damages and injunctions to halt sales of its rival's products that it says infringed four patents.

Kiwi Property bond offer oversubscribed

Dec. 12 - Kiwi Property Group has raised $125 million in seven-year bonds, accepting $50 million in oversubscriptions after a bookbuild set the interest rate at the bottom end of the indicative range.

Mānuka honey testing introduced as UK accepts NZ trademark

Dec. 12 - Mānuka honey will be given an official marker under a new testing regime issued by the Ministry for Primary Industries, as the UK recognises New Zealand's rights to the name.

The Warehouse launches EV chargers

The Warehouse has begun installing electric vehicle charging stations at many stores across New Zealand. The network is being launched in Southland with Invercargill to be the first official store where EV owners can plug in to charge their vehicles.

GeoOp to raise funds in the new year to get to break even

Dec. 12 - GeoOp plans to raise fresh capital in the new year after a scuttled initial public offering across the Tasman to help the management app developer break even.

Christmas comes early for homeowners

Christmas has come early for many Kiwi homeowners after the national average asking price climbed 2.5 per cent on last month to $639,150, according to the latest Trade Me Property Price Index.

MARKET CLOSE: NZ shares mixed; Xero, retirement stocks slip

MARKET CLOSE: NZ shares mixed; Xero, retirement stocks slip while Sky TV, F&P Health gain

NZ dollar gains vs Aussie after weak business confidence

Dec. 12 - The New Zealand gained against the Aussie after disappointing business confidence across the Tasman and extended its gains against the greenback on speculation Adrian Orr will make a more hawkish next governor of the Reserve Bank.

MPI finds Mycoplasma bovis on four new farms

Dec. 12 - The Ministry for Primary Industries says four new properties have tested positive for the bacterial cattle disease Mycoplasma bovis, including the first outbreak in the North Island, and strongly suspects a fifth property may ...

Moana NZ posts little-changed full-year profit

Moana NZ posts little-changed full-year profit as returns from lobster, fin fish fall; lifts dividend

FMA makes final call for Hanover investors to lodge claims

Dec. 12 - The Financial Markets Authority is urging the last 582 former Hanover Finance investors to lodge their claim on the $18 million settlement reached with the failed lender's directors and promoters.

Skoda’s Kodiaq is New Zealand’s Car of 2017

Skoda’s Kodiaq is New Zealand’s Car of 2017 It’s been turning heads around the world since its launch and now the Skoda Kodiaq is New Zealand’s Car of the Year for 2017. The mid-priced 7-seat SUV faced down nine other finalists for the ...

Identification of M. Bovis on new properties

Identification of M. Bovis on new properties Beef + Lamb New Zealand is concerned about the latest identification of Mycoplasma bovis. Sam McIvor, chief executive of Beef + Lamb NZ, said: 'The announcement of further infected properties in the ...

New Intel Pentium Silver and Intel Celeron Processors:

Intel delivers industry-leading innovations and creates new experiences across its portfolio products. Today, Intel unveils the all-new Intel PentiumŽ Silver and Intel CeleronŽ processors.

Mad Butcher Launches New BBQ Meat Boxes

BBQ season is finally here and, to celebrate, New Zealand’s number one BBQ shop Mad Butcher has launched three new BBQ Meat Boxes. They’re perfect to take away to the bach, the beach or to enjoy at home with friends and family during the festive ...

Dodson Motorsport Set Sales Records at Las Vegas Trade Show

Dodson Motorsport, world leaders in aftermarket dual clutch transmission components, set track and sales records at the 2017 SEMA trade show in Las Vegas. The company set a new world record for the fastest VW Golf MK7R, increased revenue 25 per cent, ...

Accounting industry stands on the edge of a precipice

The accounting industry stands on the edge of a precipice. Are you ready to jump?

Govt to boost sustainable farming fund for smaller projects

Dec. 11 - Agriculture Minister Damien O'Connor will pour more resource into the Ministry for Primary Industries sustainable farming fund to back small projects he says "deliver what people want"

nib earns first CQ Tick for cultural intelligence

nib will today become one of the first corporate organisations in New Zealand to be awarded the 'CQ Tick', reflecting the health insurer’s commitment to exploring and responding to gender and cultural diversity both within the workplace and their ...

50 Year Reunion of Codelfa-Cogefar Ltd

More than 20 former workers of Codelfa-Cogefar Ltd gathered from Italy, Australia, Samoa and around New Zealand to attend the Codelfa-Cogefar Ltd Workers 50 Year Reunion in Turangi during 1-3 December, along with ex-colleagues, family and friends. ...

BusinessNZ Energy Council positive about energy future

The BusinessNZ Energy Council has released its post-election briefing setting out the conditions required to unlock a positive energy future for New Zealand.

HiFX Morning Update, December 12, 2017

The NZDUSD opens at 0.6916 this morning. The NZD has been the strongest performing of the G10 currencies. The NZD rallied following the announcement that Adrian Orr has been appointed as the Reserve Bank Governor effective from 27 March ...

MARKET CLOSE: NZ shares rise, led by Metro Glass, Heartland

Dec. 11 - New Zealand shares rose, led by Metro Performance Glass and Heartland Bank, while dairy-related companies A2 Milk Co and Synlait Milk continued to weaken.

NZ dollar jumps as Orr named governor

Dec. 11 - The New Zealand dollar jumped after NZ Superannuation Fund chief Adrian Orr was named as next governor of the Reserve Bank, installing a seasoned veteran well known by the business community and possibly more hawkish than the incumbent.

Super Fund boss Adrian Orr appointed next RBNZ gov

Dec. 11 - New Zealand Superannuation Fund chief executive Adrian Orr has been named the next Reserve Bank governor, starting in late March 2018.

Bankers’ Association congratulates new Reserve Bank Governor

Bankers’ Association congratulates new Reserve Bank Governor The New Zealand Bankers’ Association today congratulated Adrian Orr on his appointment as the next Governor of the Reserve Bank of New Zealand. 'New Zealand is lucky that we have someone ...

NZ Super Fund boss Adrian Orr appointed next RBNZ governor

Dec. 11 - New Zealand Superannuation Fund chief executive Adrian Orr has been named the next Reserve Bank governor, starting in late March 2018.

IRD auditing 16 multinational over $100 mln of tax avoidance

Dec. 11 - The Inland Revenue Department is auditing 16 multinational firms over their use of transfer pricing to trim their annual collective tax bill by about $100 million.

Dairy Compliance Awards

Dairy Compliance Awards Hawke’s Bay’s dairy farmers who are consistently achieving full compliance with their resource consents were recognised at the Dairy Compliance Awards 2017 event last week . HBRC Chief Executive James Palmer ...

New Business Development Director for Destination Queenstown

Queenstown, New Zealand – Destination Queenstown is pleased to announce the appointment of Kiran Nambiar to the position of Business Development Director, effective from January 2018.

China will remain world’s largest bottled water market

The ever increasing thirst for quality water and health-conscious drinking habits will mean that China retains its position as the world’s biggest bottled water market to 2021, according to GlobalData, a leading data and analytics company.

Microsoft NZ lifts FY profit 15% on consulting gains

Microsoft NZ lifts FY profit 15% on consulting gains; Oracle NZ posts loss on impairment

NZ legal expert appointed to address Australian fraud case

Former senior lawyer and leading McKenzie Friend, Vinay Deobhakta from Auckland has been accepted as a McKenzie Friend by the NSW Supreme Court In the litigation involving Australia’s biggest ever 'ponzi 'scheme'.

Comments on Bitcoin Future's Trading

It has been a plain sailing so far for the Bitcoin trading. One thing which exchanges, and traders do need to keep in mind is that the current circuit breaker limit is too tight.