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Augmented reality platform Plattar closes NZ$1.2m seed round

Rupert Deans, Founder of Christchurch mixed reality agency, One Fat Sheep, has raised over NZ$1.2m in seed funding for his new startup Plattar (

WOW creative team announced

World of WearableArt has announced the creative team for the 28th WOW Awards Show, New Zealand’s largest performing arts event founded by Dame Suzie Moncrieff.

KiwiSaver home buyer support tweaked

Changes to KiwiSaver withdrawal rules for buying a home will make it easier for second-chance homeowners, Building and Housing Minister Dr Nick Smith says.

Final call to merchants to upgrade terminals

As the end of April rapidly approaches, Paymark is reminding those few remaining retail merchants to upgrade those EFTPOS terminals still running Version 6.0 software, as it will cease to function from April 30.

E tu union welcomes multimillion win for Tiwai smelter workers

The E tū union has welcomed a Court of Appeal ruling which brings to an end a four-year dispute over in-lieu payments for statutory holidays at the Tiwai Aluminium Smelters.

Expect more gains in nutrient management says Ballance

Ballance Agri-Nutrients is confident that Sustainable Dairying: Water Accord targets around nutrient data collection and efficiency reporting will continue to lift as more farmers understand the direct benefits to their farms and their OVERSEER nutrient budgets.

Federated Farmers thrilled Ruataniwha scheme now in position to proceed

Federated Farmers is thrilled the Ruataniwha Water Storage scheme in Hawkes Bay has made another significant step towards hitting the go button, after it was confirmed sufficient water sign-up will make the scheme cash positive.

Genesis 'about to face the climate fight of 2016'

This morning it’s been revealed that Genesis Energy will be keeping the coal burners on at New Zealand’s last coal-fired power station until at least 2022, despite promising to turn them off by 2018.

PledgeMe.Lend gearing up for launch

PledgeMe CEO Anna Guenther announced today that their licence application to provide peer-to-peer lending has been approved by the Financial Markets Authority, with the licence to be granted once the final prerequisite conditions are met.

World Hot Sauce Award winners making Northland 'hot'

Two 2016 World Hot Sauce Award winners are making Northland ‘hot’ for more than its climate, and they are to be congratulated for their success in the American-based competition, says Northland Inc Business Growth Manager David Templeton.

NZ's healthcare sector embraces mobile technology

The healthcare sector is under constant pressure to cut costs and improve services at the point of delivery. Mobile technology is making this a reality and proving beneficial to healthcare professionals, who spend a lot of time out in the community.

HHL Group appoints new CE

Board Chairman Wyatt Creech has announced today that Jaimes Wood has been appointed as permanent CEO of HHL. Mr Wood has been acting as an interim CE for the past month following the departure of Peter Hausmann.

Largest annual goods trade deficit in seven years

The annual trade balance for March 2016 was a deficit of $3.8 billion, the largest annual trade deficit since April 2009, Statistics New Zealand said today.

Kacific brings fast, low cost broadband to Timor-Leste

Kacific Broadband Satellites today announced a US$21 million supply agreement with Timor-Leste company GardaMor Security Ltda. The agreement will provide low-cost high-speed broadband internet to the people, enterprises and institutions of Timor-Leste.

Farming salaries holding firm despite tough conditions

Dry stock farmers’ salaries have seen strong growth in the last year, according to Federated Farmers and Rabobank’s 2015/2016 employee remuneration report.

Celebrity image business named as finalist in ExportNZ Awards

When the cameras stop clicking on the red carpet in Hollywood, a team of New Zealanders plays a crucial role in getting those images to the world.

Comvita director resigns

Edward (Ed) Quilty has tendered his resignation from the Board of Comvita Limited, effective immediately.

Euro Corporation resumes sales of steel mesh

Euro Corporation is resuming sales of its SE615-500STD steel mesh, after reaching an agreement with the Commerce Commission to lift the suspension of sales announced on 4 March 2016.

Rural Business Network Hub launches in Gisborne

Farmers and rural business professionals in Gisborne will have an opportunity to develop their businesses and strengthen their networks with the launch of the Gisborne Rural Business Network Hub next week. 

English releases RB Board letter of expectations

Finance Minister Bill English today released publicly his letter of expectations for the Reserve Bank Board. The Board is the Minister of Finance’s monitoring agent for the Reserve Bank and has a key role in the accountability arrangements that support strong performance.

Fresh water vital to tourism industry growth - TIA

Clean fresh water is vital to the growth and sustainability of New Zealand’s $30 billion tourism industry, its peak industry organisation says.

Ruapehu Alpine Lifts unveils $7.5m tourism investment

Ruapehu Alpine Lifts (RAL), operator of Whakapapa and Turoa skifields is investing approximately $7.5m in a new chairlift, making it their biggest investment in lift infrastructure since the installation of the High Noon Express at Turoa Ski Area in 2007.

Successful bid gives economy $50 million boost

New Zealand’s economy will get a boost of more than $50 million when an additional 10,000 Chinese visitors holiday in Queenstown in 2018, says Prime Minister and Minister of Tourism John Key.

Autumn arrivals off to a flying start

International holiday arrivals for the month of March show a solid start to the autumn shoulder up 26.3 per cent on the same month last year, meaning an additional 38,000 visitors. Total arrivals for the year are up 10.4 per cent and holiday arrivals up 15.3 per cent.

TRENZ worth tens of millions of dollars to NZ

Rotorua will be buzzing for four days of TRENZ (10-13 May), the tourism industry’s premier annual international trade event, when more than 1100 delegates will be in town, negotiating tens of millions of dollars worth of new tourism business.

Early Easter helps break international travel records

Visitor arrivals numbered 344,400 in March 2016, with an earlier Easter break helping to produce a new March record, Statistics New Zealand said today. Visitor arrivals were up 52,600 (18 percent) from March 2015, with holidaymakers driving the increase.

Global demand for NZ wine tipped to grow in 2016

Rising global demand for New Zealand wine points to further export growth for the industry in 2016, and it’s the country’s larger wine companies likely to reap the benefits, according to a new industry report.

NZ Bus transitioning to electric powered vehicles

Infratil today announced a US$30m deal with Wrightspeed Inc. to supply its first-in-kind, award-winning electric powertrain technology - the Route 500, which it intends to deploy on its public transport business through NZ Bus.

Record debt to income ratio 'shows economy out of balance'

National’s complacent attitude to debt to income ratios rising above pre-financial crisis levels will be a concern to many New Zealanders and the Government must take action to rebalance the economy, says Labour’s Finance spokesperson Grant Robertson.

Queenstown Airport gearing up for winter evening flights

Queenstown Airport will be ready to receive after-dark flights from the end of April following the completion of a runway and airfield lighting upgrade.

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