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Encouraging trend for business confidence

Confidence is still struggling within the business community, but in contrast to recent survey trends, an Auckland Business Chamber survey has shown a 4% lift in business confidence for the first quarter of the year.

Two new funds for Summer KiwiSaver scheme

KiwiSaver provider, Summer has launched two new funds to complement its successful Summer Investment Selection and My Plan offers.

'Gull Effect' to launch in the South Island

Gull, New Zealand’s leading innovative energy retailer, today announced it is aiming for a July launch of its first South Island site in Maheno on State Highway 1 South of Oamaru.

Maketu Volunteer Coastguard saw Western Bay of Plenty District well-represented

Maketu Volunteer Coastguard have reaped the benefits of a weekend spent amongst likeminded volunteers from around New Zealand at the Trustpower National Community Awards.

MBIE releases report into future of food and farming

MBIE has released a report by Sapere Research Group identifying global mega trends likely to affect the future of food and farming, and the implications for New Zealand's science and innovation system. The report identified three international mega trends:

Broadband pricing controversy shows compromise needed - InternetNZ

InternetNZ is calling on Internet Service Providers and Chorus to reach an agreement on reasonable pricing for fibre unbundling - and quickly.

'Vodafone NZ inspires domestic violence policy in 25 countries'

Vodafone Group announced it will be implementing a new programme for victims of domestic violence and abuse in 25 countries, based on a policy developed by Vodafone New Zealand in 2017.

Retail workers' myth busting: Retail is a career

Official figures from Statistics New Zealand show there are a whopping 17,900 people working in retail on the minimum wage (according to the latest figures available for the June 2018 quarter). Out of all industries, 71,500 people were paid the minimum wage of $16.50 for that same quarter.

Bus drivers' strike in Dunedin over 'pathetic pay offer'

Bus strikes continue in the transport sector, this time it’s Dunedin drivers who’ve had enough.

Ultra-fast broadband uptake hits 50% mark

About half of New Zealand homes and businesses have connected to faster, more reliable broadband across the 121 centres where ultra-fast broadband (UFB) is available, says Broadcasting, Communications and Digital Media Minister Kris Faafoi.

ANZ Consumer Confidence: Sweet as

Consumer confidence was pretty steady in February. The ANZ-Roy Morgan Consumer Confidence Index fell 1 point to 121, around its historical average. The Current Conditions Index lifted 2 points to 126, while the Future Conditions Index eased 3 points to 117.

Kiwi households 'pay more than $100m too much for inferior broadband'

New research released today by Broadband Compare shows that New Zealanders could save between $145 and $471 per year by changing to an Ultra-Fast Broadband (UFB) plan when it becomes available in their area.

Federated Farmers and Gallagher forge new business relationship

Long-standing contributor to New Zealand agriculture Gallagher Ltd and Federated Farmers are joining forces to form a new business partnership.

Trade reports see risk rise roll on - CMC Market

Unofficial reports that the US Treasury secretary is considering dropping tariffs on China imports spurred further gains for risk assets in overnight trading. Share investors were the main beneficiaries, although copper, iron ore and steel all lifted on the news.

Is comparison shopping the saviour of the New Year's Resolution?

As 2018 starts to wind down and we start to countdown the days to New Year, it’s time to start thinking about New Year’s resolutions.

Auckland wine exporter convicted over false wine export applications

The Ministry for Primary Industries has prosecuted an Auckland wine exporter for deliberately procuring deceptive and false wine export documentation related to wine destined for Ireland.

Navigating Regulation Advice Summit 2019 launched

The Financial Services Council, the Financial Markets Authority and MBIE today launched the 2019 Navigating Regulation Advice Summits which will be held across New Zealand in March.

Counties Power invests into ECL Group

Counties Power, the Pukekohe-based electricity distribution company serving the fast-growing areas of Southern Auckland and Northern Waikato, has bought a majority shareholding in two of the six companies owned by Christchurch-based ECL Group.

Tourism fatigue up for discussion at Auckland symposium

A tourism symposium in Auckland this week will be looking at how to counter perceived tourism fatigue.

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.

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