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KiwiSaver Risk Quiz highlights key messages for investors

People who took the FMA’s KiwiSaver Risk Quiz understood the importance of keeping contributing through any investment downturn, but the results highlight some key areas where more work to help investors is needed.

TLT JV declares Tilt takeover offer unconditional

Infratil Limited ("Infratil") is pleased to advise that all conditions to Infratil 2018 Limited's and Mercury NZ Limited's ("TLT JV") full cash takeover offer ("Offer") for Tilt Renewables Limited ("Tilt Renewables") have been waived or satisfied and the Offer is now fully unconditional.

Mercury's Annual Results for the year ended 30 June 2018

Record hydro generation for a second consecutive year has driven another record financial result for Mercury (NZX:MCY) in the 12-months to 30 June 2018.

Kiwi kids 'will be better off with money thanks to Banqer boost'

Banqer, the online financial literacy platform that sees New Zealand primary school students paying tax, saving for retirement and buying property, is set for another boost.

Auckland CBD sites sells for $31m

Part of an Auckland CBD site which was previously home to the New Zealand Herald for over 150 years has sold for $31 million at a land value of $28,181 per sq m.

World's top architects compete to create new landmark Auckland building

Leading New Zealand architects Warren and Mahoney are taking on four of the world’s architecture heavyweights in a competition to design a new apartment and hotel development in central Auckland.

Feds offer thanks and best wishes to John Wilson

Outgoing Fonterra chairman John Wilson can leave feeling proud of the role he’s played in guiding the co-op in a time of volatile international markets and a host of local challenges, Federated Farmers says.

NZ red meat sector strongly opposes EU and UK's WTO quota proposal

Beef + Lamb New Zealand and the Meat Industry Association strongly oppose the European Union (EU) and United Kingdom’s (UK) proposal to ‘split’ the EU’s World Trade Organisation (WTO) Tariff Rate Quotas between them.

Tourism spending data for June 2018

The latest Monthly Regional Tourism Estimates (MRTEs) released today by the Ministry of Business, Innovation and Employment (MBIE) show that tourism expenditure grew in all regions for the year ended June 2018.

Fleet customers put EVs on the agenda

Electric vehicles are top-of-mind for many organisations looking at upgrading their fleets, EV advocacy group Drive Electric says.

World energy leaders to meet in Wellington

Energy leaders from around the world have Wellington in their sights with the announcement that New Zealand’s capital city will host the Asia Pacific energy sector’s premier event.

DHL Express unveils Boeing 767-300 freighter to cater to growing volumes

DHL Express, the world’s leading international express services provider, has unveiled a larger freight plane for the trans-Tasman trade lane (AKL - SYD - AKL). With 67% more freight capacity per flight, DHL Express is able to better support kiwi businesses operating in and out of New Zealand.

Te Rūnanga-Ā-Iwi O Ngāpuhi, Fit for Purpose

The Board of Trustees for Te Rūnanga-Ā-Iwi O Ngāpuhi (the Rūnanga) are resolute they are fit for purpose to lead Ngāpuhi. The Board has seen growth in its assets from $53M in 2016 to $56M in 2017. This is without a Te Tiriti o Waitangi Land Claims Settlement.

Law Society provides guidance for pro bono work

The New Zealand Law Society has released a new title in its Practice Briefing series, Guidance for lawyers undertaking pro bono work.

Contact, Geo40 partner with Maori on world-leading energy project

Geo40, in cooperation with Contact Energy and the Ngati Tahu Tribal Lands Trust, is this month set to start commercially extracting silica from geothermal fluid as part of a world-leading sustainable energy partnership.

Fortnite download leads to biggest ever spike in data use on Chorus' network

New Zealanders downloading the latest version of the hugely popular game, Fortnite, has led to the biggest ever spike in data use on Chorus’ network.

Pump up the VOLOM

Any strong business knows that great people are the key to great success. Marketing heavyweights VOLOM live by this mantra, both in their slew of new blood, and their ability to integrate their professionals into your business to achieve the best results.

Safe and Effective Justice Programme Advisory Group welcomed

New Zealand’s lawyers welcome the appointment of the Safe and Effective Justice Programme Advisory Group - Te UepÅ« Hāpai i te Ora and the opportunities it presents for a thorough examination of the criminal justice system, the New Zealand Law Society says.

Takeaway prices on the rise - Stats NZ

Higher prices for takeaway foods and restaurant meals pushed the food price index up 0.2 percent in the year to June 2018, Stats NZ said today.

'Muddy Buns' cleaning up the butter market

Muddy Buns, Dirty Dirty Bread, or Zang Zang Bao as they’re known in China, are creating a social media frenzy and driving a further craving for butter around the world.

Spark completes first phase in major upgrade of voice communications

Spark announced today that it has completed the first major milestone in its transition from the ageing Public Switched Telephone Network (PSTN) to a future-ready IP-based voice network dubbed the ‘Converged Communications Network’ (CCN).

Reserve Bank states bank capital preferences

The Reserve Bank today published their in-principle decisions on capital requirements for registered banks. This is part of a thorough review of capital adequacy in the New Zealand banking system.

Orion 'delivers strong 2018 Annual Result'

Christchurch-based electricity distribution company, Orion New Zealand Limited, delivered another year of strong results and sustained growth in customer numbers in its Annual Results for 2018.

Forsyth Barr to support New Zealand Business Hall of Fame

Forsyth Barr Limited has joined in supporting the New Zealand Business Hall of Fame to celebrate the contribution of outstanding individuals to business and community.

NZIER: QSBO shows further weakening in business confidence

The latest NZIER Quarterly Survey of Business Opinion (QSBO) shows a further decline in business confidence. A net 19 percent of businesses expect a deterioration in economic conditions - more pessimistic than the 10 percent in the previous quarter.

First female arable chair joins Feds national board

Federated Farmers has a new board member as a result of elections held during last week’s national conference in Wellington.

Work underway for largest upgrade to Wellington Airport's terminal since 1999

Wellington Airport has begun preliminary demolition work ahead of a $15 million upgrade of the airport’s main terminal building.

Horticulture New Zealand asks growers to renew funding

Horticulture New Zealand’s Board is asking growers to vote to renew the levy funding that keeps the organisation going, with voting papers going out today.

Almost 20,000 people claim credits from Spark

Spark has so far refunded almost 20,000 former customers who had credits on their accounts.

Employment confidence up for a fifth consecutive quarter

The Westpac McDermott Miller Employment Confidence Index rose by 1.5 points to 117.4 in June. That was the fifth consecutive gain and takes New Zealanders’ confidence in the state of the labour market to its highest level since 2008.

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