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ASB reduces one-year fixed home loan rate

ASB has lowered its one-year fixed home loan rate by 24bps. ASB’s one-year fixed home loan rate (special) has reduced from 4.19% p.a. to 3.95% p.a., while the standard rate for the same term has reduced from 4.59% p.a. to 4.45% p.a.

These are NZ's best broadband providers

Last night saw more than 200 senior-level professionals from the New Zealand Internet and Communications Technology sector come together at the Broadband Compare TUANZ Awards to celebrate the best of the best in the broadband sector.

ASB makes NZ exporting history with first bank-led blockchain trade

ASB in partnership with VerifyUnion has successfully launched this country’s first bank blockchain single trade window. It comes after the platform was used by Kiwi meat exporter Greenlea Premier Meats to make a trade with a large Korean importer.

Consultation paper released for Reserve Bank Act review

The joint Treasury and Reserve Bank team undertaking Phase 2 of the Government’s Review of the Reserve Bank Act has released its first consultation paper. https://treasury.govt.nz/news-and-events/reviews-consultation/reviewing-reserve-bank-act/public-consultation]

Strategy to meet the challenges of sustainability and climate change

Waste Management NZ today launched its inaugural sustainability strategy, For Future Generations, which sets out the company’s sustainability goals as New Zealand’s largest waste and environmental services provider.

ICNZ supports PGF funding for 3D mapping

The Insurance Council of New Zealand is pleased with the decision of Regional Economic Development Minister, Hon. Shane Jones, to provide funding through the Provincial Growth Fund for expanded LiDAR data mapping in the regions.

Working group formed to tackle end of life batteries

A group of local and international businesses has joined forces to stop mountains of e-waste being created by the rising number of large lithium-ion batteries in New Zealand.

Red meat sector welcomes CPTPP ratification

The red meat sector welcomes the ratification of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

WIL locks in $11.5m toward revised Dam cost

To secure a 100-year water supply for Tasman and Nelson through the Waimea Community Dam, a group of local businesses has committed to invest $11 million in Waimea Irrigators Limited.

Russell McVeagh partner resigns following independent investigation

Russell McVeagh Board Chair, Malcolm Crotty, today confirmed the resignation of a partner following an independent investigation into complaints regarding inappropriate comments made under the influence of alcohol.

Lower sale volumes a result of low July listings - REINZ

The low number of new listings in July has meant that the number of houses sold in New Zealand during September decreased by -3.0% year-on-year.

Climate Change and Business Conference Communique

What a difference a year makes, the National Party’s environment spokesperson, Scott Simpson, told the EDS Climate Change and Business Conference yesterday. It was a theme picked up by lots of other people at the conference.

Auckland office rents within top 50 worldwide

Auckland is within the top 50 most expensive places in the world for CBD office rents, while prime industrial rents aren’t far behind. That’s according to an analysis of six-monthly rental data from Colliers International’s offices in 69 countries.

Take your health and safety systems with you - WorkSafe

WorkSafe is reminding businesses to take their health and safety systems with them when they move or expand their operations before commencing operations. And to treat them as a priority during the move.

Help us welcome the world at Expo 2020 Dubai

New Zealand at Expo 2020 is looking for suppliers to provide products for use in the New Zealand Pavilion at the next World Expo in Dubai. The items will showcase the best of New Zealand brands and products to a global audience.

Repair work to be undertaken on First Gas 400-Line

A First Gas engineering team is to undertake repair work on its 400-Line (30-inch Maui pipeline) at a farm near Whitecliffs in Tongaporutu, Taranaki where land movement has been identified, the company said today.

Stacey Shortall named New Zealand’s Dispute Star

MinterEllisonRuddWatts partner Stacey Shortall has been named New Zealand’s Disputes Star of the Year at the annual Asia Law Asia-Pacific Dispute Resolution Awards 2018.

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.

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