New Zealand Business News -

BP, Z defend 6 cent fuel price hike after concerns about supply eased

From RNZ Both Z and BP are defending yesterday's 6 cent price hike saying it was based on global oil prices, exchange rates and how much it costs to buy new fuel to replace what's sold.But neither company had lowered their prices...

Source: nzherald.co.nz - Business | 18 Sep 2019 | 3:30 am

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Property investment guru Ron Hoy Fong's company fined $400,000 for illegal bid-rigging

An Auckland company owned by property investment guru Ron Hoy Fong has been penalised $400,000 for price fixing.The Commerce Commission filed High Court proceedings against Ronovation Limited following a Herald investigation into...

Source: nzherald.co.nz - Business | 18 Sep 2019 | 2:53 am

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NZ Government's $2 billion bond issue shows big appetite for local paper

Strong investor demand saw the Government raise $2 billion from its syndicated offer of May 2031 bonds, with bids exceeding $3b.The bonds, which carry a coupon of 1.50 per cent, were issued within the Treasury's desired range, with...

Source: nzherald.co.nz - Business | 18 Sep 2019 | 2:40 am

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Store fined $54k for breaches, deception bid

Grocery King in South Dunedin has been fined $54,000 for 40 employment breaches and attempting to deceive a labour inspector.The Employment Relations Authority (ERA) has ordered Grocery King to pay $44,750 in penalties for the employment...

Source: nzherald.co.nz - Business | 18 Sep 2019 | 2:18 am

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NZ shares fall; Goodman placement sees property stocks sold

New Zealand shares fell, with heavy trading in property stocks as investors cleared their books to make way for a $150 million placement in Goodman Property Trust. The S&P/NZX 50 Index declined 93.18 points, or 0.9 per cent, to...

Source: nzherald.co.nz - Business | 18 Sep 2019 | 1:50 am

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NZ dollar eases as market eyes pending GDP data

The New Zealand dollar was a little weaker as the market took bets that June-quarter GDP data out tomorrow will be on the weaker side of expectations.The kiwi was trading at 63.36 US cents at 5pm in Wellington from 63.56 at 7:55am....

Source: nzherald.co.nz - Business | 18 Sep 2019 | 1:12 am

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Qantas boss Alan Joyce defends obscene salary

The CEOs of airlines Qantas and Virgin – Alan Joyce and Paul Scurrah, respectively – are at the National Press Club today.Yesterday we reported Joyce was the highest-paid chief executive in Australia, pocketing a staggering A$23,876,351...

Source: nzherald.co.nz - Business | 18 Sep 2019 | 12:13 am

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Fed takes action to control short-term interest rates

The Federal Reserve Bank of New York carried out US$53 billion ($83.6b) in transactions known as repurchase agreements Tuesday as a way to relieve upward pressure on interest rates in overnight money markets. READ MORE:• ...

Source: nzherald.co.nz - Business | 17 Sep 2019 | 11:34 pm

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FMA seeks greater powers from the government

The Financial Markets Authority wants the government to give it the power to "go in and poke around" inside banks and insurers so it can stop potential problems for consumers before they happen, says chief executive Rob Everett."At...

Source: nzherald.co.nz - Business | 17 Sep 2019 | 10:51 pm

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Air New Zealand backs down on Kia Ora trademark bid

Air New Zealand will not actively pursue its trademark application for the Kia Ora magazine logo after consultation with Māori leaders.The move sparked outcry from some who thought the airline was trying to claim the words...

Source: nzherald.co.nz - Business | 17 Sep 2019 | 10:18 pm

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Connecting students with the jobs of tomorrow in South Canterbury

A plan to better inform the employees of tomorrow about the jobs available to them is set for launch later this year.

Source: Stuff.co.nz - Business | 24 Jun 2017 | 9:35 pm

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First-home buyers' guide to getting a mortgage

The time is right for first-home buyers to strike â€“ but how?

Source: Stuff.co.nz - Business | 24 Jun 2017 | 8:54 pm

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Sue Finley, 80, was hired by Nasa in 1958 as a 'computer'

Sue Finley, 80, has worked at Nasa's Jet Propulsion Laboratory outside Los Angeles for more than 50 years. She was first hired in 1958 as a "computer," an employee who calculated mathematical equations, such as rocket or spacecraft trajectories, by hand. She has worked on a number of projects throughout her career, including the Venus Balloon Project, Mars Exploration Rover missions and the Juno mission. Today, she is a subsystem and test engineer for Nasa's Deep Space Network.

Source: Stuff.co.nz - Business | 24 Jun 2017 | 8:39 pm

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Fixed-price power a 'one-way bet'

Households are being warned that taking a fixed-price deal from their power companies could be a one-way bet.

Source: Stuff.co.nz - Business | 24 Jun 2017 | 8:21 pm

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Western traditional medicines meets Eastern market

Kiwi natural healthcare company Artemis is reaping the benefits of China's reliance on traditional plant based medicines.

Source: Stuff.co.nz - Business | 24 Jun 2017 | 7:41 pm

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Paua protection on quake-hit coast could last 10 years

Protection for shellfish and seaweed fisheries decimated along the South Island's earthquake-hit coastline could be enforced for the next decade.

Source: Stuff.co.nz - Business | 24 Jun 2017 | 7:08 pm

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Legal threat forces re-write of proposed freedom camping bylaw

Legal threats have flipped the Taupo District Council's proposed Freedom Camping Bylaw on its head.

Source: Stuff.co.nz - Business | 24 Jun 2017 | 6:59 pm

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You can buy a $254 Prada paperclip, if you want

Have you ever looked at common office supplies and thought, "I wish these cost about 100 times more"? Boy do we have good news for you.

Source: Stuff.co.nz - Business | 24 Jun 2017 | 6:55 pm

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Shopping on Easter Sunday: 71 per cent of Hamilton submitters say no

The prospect of retail tills ringing on Easter Sunday has Hamiltonians arguing the relative merits of convenience, commercialism, and Christianity.

Source: Stuff.co.nz - Business | 24 Jun 2017 | 6:54 pm

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New rules prohibit restaurants grilling medium-rare burger

New Zealand's oldest licensed premises has pulled a burger that's been the cornerstone of its menu â€“ blaming it on bureaucratic red tape gone mad.

Source: Stuff.co.nz - Business | 24 Jun 2017 | 2:11 pm

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MARKET CLOSE: NZ shares falls as NZX declines on CEO exit; utilities Vector, Contact drop

Source: | 4 Oct 2016 | 12:40 am

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NZ dollar hits highest level against British pound in decades

Source: | 4 Oct 2016 | 12:20 am

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Wilson’s plea to Fonterra shareholders: Back our new governance structure

Source: | 3 Oct 2016 | 11:02 pm

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Oceanagold in 'constructive' dialogue with Philippines govt over Didipio

Source: | 3 Oct 2016 | 10:00 pm

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Mutual Finance propped up Bublitz's goat farm, court told

Source: | 3 Oct 2016 | 9:57 pm

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Kiwi businesses bullish – expecting 4% GDP growth

Source: | 3 Oct 2016 | 9:40 pm

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Bapcor says it’s already had three offers for Hellaby’s shoe business

Source: | 3 Oct 2016 | 9:27 pm

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First autonomous vehicle trial starts at Christchurch Airport next year

Source: | 3 Oct 2016 | 7:20 pm

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Lack of aviation experience no handicap for Airwork takeover

Source: | 3 Oct 2016 | 6:30 pm

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ACC investment returns beat benchmarks for 21st consecutive year

Source: | 3 Oct 2016 | 6:01 pm

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Moves to woo Auckland school students onto the farm

A looming shortage of farm workers has prompted moves to encourage school students to take up careers in agriculture.

Source: ta tvnz business headlines auto group | 4 Jul 2015 | 10:39 pm

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Kiwi brewers claim unfair playing field in Aussie market

Kiwi brewers complain tax breaks for the Australian industry breach trade rules.

Source: ta tvnz business headlines auto group | 4 Jul 2015 | 2:43 am

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Dairy prices plunge to six-year low

Prices at the GlobalDairyTrade auction hit the lowest level since July 2009 and fell for the eighth successive time.

Source: ta tvnz business headlines auto group | 1 Jul 2015 | 3:58 pm

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Shoe seller's 'easy solution' to solve Greece's 1.6 billion Euro debt

"If we all just chip in a few Euro then we can get Greece sorted and hopefully get them back on track soon. Easy."

Source: ta tvnz business headlines auto group | 30 Jun 2015 | 11:46 pm

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Greece misses $2.5 billion IMF payment

Greece become the first developed country to default on a loan to the International Monetary Fund.

Source: ta tvnz business headlines auto group | 30 Jun 2015 | 6:27 pm

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Decision on Rio Tinto's Tiwai Point smelter and 800 jobs delayed

Rio Tinto is faced with deciding whether to reduce the amount of power it buys for Meridian or shutting down.

Source: ta tvnz business headlines auto group | 30 Jun 2015 | 5:37 pm

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Briscoes to launch takeover bid for Kathmandu

Briscoes Group has bought a 19.9 per cent share in outdoor clothing retailer Kathmandu.

Source: ta tvnz business headlines auto group | 29 Jun 2015 | 10:45 pm

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Research and Markets: Analysis of the Mining Lubricant Market in Australia (Business Wire)

Research and Markets (http://www.researchandmarkets.com/research/lpnksx/analysis_of_the) has announced the addition of the "Analysis of the Mining Lubricant Market in Australia" report to their offering. The research methodology for this research service is a combined effort of secondary research and intensive primary research through in-depth discussions with industry experts.

Source: Latest News | 14 Jan 2014 | 5:42 am

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Research and Markets: Construction in New Zealand - Key Trends and Opportunities to 2017 (Business Wire)

Research and Markets (http://www.researchandmarkets.com/research/g9pb8t/construction_in) has announced the addition of the "Construction in New Zealand - Key Trends and Opportunities to 2017" report to their offering. New Zealand's construction industry recorded a CAGR of -1.49% during the review period and valued NZD33.9 billion (US$27.4 billion) in 2012.

Source: Latest News | 2 Jan 2014 | 9:56 am

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Research and Markets: Plaster and Lime in Australia to 2017: Market Databook (Business Wire)

Research and Markets (http://www.researchandmarkets.com/research/xx53vq/plaster_and_lime) has announced the addition of the "Plaster and Lime in Australia to 2017: Market Databook" report to their offering. This report is the result of extensive market research covering the plaster and lime market in Australia.

Source: Latest News | 2 Jan 2014 | 9:40 am

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How to Use Moving Averages to Time Your Next Euro Trade (FXCM)

Source: Latest News | 20 Dec 2013 | 2:20 am

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Graphic Rewind: US Dollar Gives Up Taper Gains in the Week’s Final Hours (FXCM)

Source: Latest News | 20 Dec 2013 | 12:33 am

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Fishing For a Low in the Aussie (FXCM)

Source: Latest News | 20 Dec 2013 | 12:05 am

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Weekly Price & Time: Gold & Yen Seeing Extremes in Sentiment (FXCM)