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Kiwis squirrel savings away

Kiwi savers are squirreling money away diligently, with the value of our collective bank deposits growing by 20 per cent over the past two years to reach $140 billion-. This is a fantastic achievement, considering the lack-lustre interest rates on offer in a post GFC-world.

Cow sickness not from genetic modification - Fed Farmers

Federated Farmers’ President and science spokesperson William Rolleston says recent stock sickness or deaths are likely to have been caused by a high sugar content in the fodder beet they have been eating.

NZ wins again: Chinese mega-star picks Aotearoa

Tourism New Zealand and Air New Zealand have continued their phenomenal run in attracting China’s biggest celebrity names to showcase the country despite increasing competition from other destinations.

Lincoln partnership reaches important milestone

A Chinese dairy company and its New Zealand subsidiary have established a new research and development centre at Lincoln University following a Memorandum of Understanding (MoU) signing last year.

Employers reminded not to confuse part-time and casual workers

The Ministry of Business, Innovation and Employment (MBIE) reminded employers today that part time employees who work regular rostered hours are entitled to pro-rated holidays and leave.

Insurers agree $100k fine for Fair Insurance Code breach

Members of the Insurance Council have agreed to impose on themselves a maximum fine of up to $100,000 for unresolved significant breaches of the Fair Insurance Code.

Perpetual Guardian acquires My Bucket List

Long overdue innovation is coming to the fiduciary services sector following leading provider Perpetual Guardian’s acquisition of My Bucket List for an undisclosed sum.

Spark welcomes proposed UFB consenting changes

The process for getting connected to Ultrafast Fibre Broadband (UFB) network will become a lot less painful if recommendations to speed up the consenting process for installs are enacted.

Air NZ and Air India announce codeshare agreement

Air New Zealand and Air India have signed a codeshare agreement on services between New Zealand and India providing greater access and choice to travellers in both directions.

Manufacturing sales fall in first quarter of 2015

The value of manufacturing sales fell in the first quarter of 2015, Statistics New Zealand said today.

Telco Report 'shows need for reduction in wholesale charges'

A Commerce Commission monitoring report released today underlines how high charges for wholesale broadband are pushing up the retail price of internet for New Zealand consumers.

Zespri SunGold in every Mexican McDonald's Happy Meal

Mexican children will find a surprise in their McDonald’s Happy Meals from this weekend - a delicious Zespri SunGold Kiwifruit from New Zealand.

New name for in-house lawyer organisation

The New Zealand Law Society section representing in-house lawyers has changed its name to In-house Lawyers’ Association of New Zealand (ILANZ).

Quiet March quarter for wholesale trade sales

The value of wholesale trade sales was $20.9 billion in the March 2015 quarter, up $371 million (1.8 percent) from the March 2014 quarter, Statistics New Zealand said today. This is the lowest increase since the June 2013 quarter.

Commission gives clearance to Staples/Office Depot merger

Commission gives clearance to Staples/Office Depot merger The Commerce Commission has given clearance for Staples to acquire all of the outstanding shares of Office Depot, which trades in New Zealand as OfficeMax.

Farmers keen to do their bit for meat export market boost

Federated Farmers says the New Zealand meat export industry needs to make up lost ground with a boost to marketing New Zealand beef and sheepmeat overseas.

Northerly expansion 'has major consequences for Hamilton's CBD'

Hamilton’s growth on its northern urban boundaries is not only seeing phenomenal residential expansion - but also the relocation of retail services away from the CBD, according to new research.

Hertz announces oganisational changes in Asia Pacific

Today, the Hertz Corporation (NYSE: HTZ), the world's largest airport general use car rental company, is delighted to announce that Chris Rusden has taken the position of Vice President of Hertz, Asia Pacific (APAC).

Reserve Bank Funding Agreement ratified

A new five-year Funding Agreement for the Reserve Bank was ratified by Parliament yesterday. "The Funding Agreement ensures that the Bank has sufficient resources to meet its expanded role and obligations while maintaining tight control of costs," Governor Graeme Wheeler said.

Growth continues in April - NZMEA

The latest New Zealand Manufacturers and Exporters Association (NZMEA) Survey of Business Conditions completed during May 2015, shows total sales in April 2015 increased 14.08% (year on year export sales increased by 17.06% with domestic sales increasing 8.10%) on April 2014.

Responsible lending rules 'critical to consumer protection'

New responsible lending rules that come into effect this week will need to be actively enforced to rein-in lenders who target vulnerable consumers.

Dulux and Dry Living win at Technology Valley Awards

Prime Minister John Key tonight awarded Lower Hutt companies Dulux New Zealand and Dry Living Limited inaugural Technology Valley Awards. The winners were announced at an industry reception at Callaghan Innovation, which was part of the first Hutt STEMM Festival.

Orchardist fined after employee dies while using buggy

Hastings orchardist Hamish Gregory Campbell has been fined $30,000 and ordered to pay $50,000 reparation after a 17-year-old employee was killed after colliding with a row of apple tress while driving a home-built motorised buggy.

Z announced as best employer

Z Energy has been announced as a 2015 Aon Hewitt Best Employer. The award recognises Z as one of New Zealand’s best employers. This annual award recognises the best employers across New Zealand and Australia by examining employee engagement scores and people practices.

More secret trade talks focus on what's good for business - CTU

Workers are concerned about what is being negotiated in the Trade In Services Agreement (TISA) as revealed in the largest ever leak from such negotiations by Wikileaks.

Chorus named best employer in Australasia

Chorus has become the first New Zealand company to take out the supreme award in the Aon Hewitt Best Employer awards. At the annual awards ceremony in Sydney, Chorus received accreditation as an Aon Hewitt Best Employer for the fourth consecutive year.

BurgerFuel partners with OhCal for US entry

BurgerFuel has today announced that it has partnered with OhCal Foods LLC (OhCal) to spearhead the company’s entry into America.

Maori collaborate to form the largest Iwi owned lobster business

Port Nicholson Fisheries and Aotearoa Fisheries Ltd are pleased to announce a partnership which will see Aotearoa Fisheries join with Port Nicholson Fisheries to form the largest Maori-owned lobster processing business in New Zealand.

B+LNZ 'close to landing a collaborative marketing entity'

Beef + Lamb New Zealand (B+LNZ) believes it’s very close to landing a collaborative marketing entity to promote New Zealand sheepmeat and beef by partnering with meat processing and exporting companies.

Kathmandu moves to AWS cloud

Kathmandu, a global brand of outdoor and adventure gear, is revolutionising its web infrastructure with a move to Amazon Web Services’ (AWS) cloud to improve scalability, reduce costs and enhance customer experience.

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