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'Book Tokens are good, no matter what'

In the face of concerns over some retail gift vouchers and cards not being honoured, Book Tokens Ltd have reiterated their advice that all their outstanding paper tokens and gift cards are financially guaranteed.

Guest nights rise in November

National guest nights for November 2015 were 4.6 percent higher than in November 2014, Statistics New Zealand said today.

NZers get digital

Latest research from global performance management company, Nielsen, has found that 3.1 million New Zealanders spend the equivalent of two workings days online each week. Nearly three quarters (73%) use at least two devices on a weekly basis and nearly two in five (39%) use at least three.

QSBO-Business confidence rebound suggests strong finish to 2015

The latest NZIER Quarterly Survey of Business Opinion shows business confidence rebounded in the final quarter of 2015.

Mighty River Power to buy solar company

Mighty River Power is purchasing one of New Zealand’s leading solar businesses, What Power Crisis (WPC) - providing access to proven capability and technical expertise in the growing opportunity of solar power. 

Workers' confidence improves but earnings remain a key

The slide in employment confidence was arrested in the December quarter, as the Westpac McDermott Miller Employment Confidence Index rose 2.2 points to 101.5.

Aviation security workers demand a fair deal - union

Aviation security workers will not accept cuts to their allowances and may have to take industrial action to make the boss see sense.

Largest annual fall in food prices since 2012

In the year to December 2015 food prices decreased 1.3 percent, influenced by lower prices for grocery foods, Statistics New Zealand said today. This is the largest annual fall since July 2012.

RBNZ risk management model wins international award

International publisher Central Banking Publications has named the Reserve Bank of New Zealand’s Enterprise Risk Management (ERM) model as "Initiative of the Year" in its annual awards.

Countdown releases first Corporate Responsibility Report

Countdown has today released its inaugural Corporate Responsibility Report, detailing its progress with charitable and environmental commitments over the past financial year.

Set financial resolutions to get ahead in 2016 - NZBA

The New Zealand Bankers’ Association recommends the New Year as the perfect opportunity to take stock of your financial situation and set your financial resolutions for 2016 and beyond.

Strong December throughout NZ - Paymark

Paymark’s initial December data shows strong spending growth throughout the country for December - up almost 8% to $5.493 billion for retail’s busiest month of the year.

New Fair Insurance Code comes into force today

The new Fair Insurance Code which comes into force today provides consumers and SMEs with higher standards of service, the Insurance Council of New Zealand said today.

Poll shows farmers expect more tough times in 2016

Many farmers have weathered difficult conditions in 2015 and the majority see no relief coming in the New Year, according to a poll conducted by Federated Farmers.

Federated Farmers mourns the loss of life member Gordon Stephenson

Federated Farmers expresses their deepest sympathies to the family of farmer and environmentalist Gordon Stephenson who died on Boxing Day.

Imports rise in November 2015

The value of total goods imported was $4.9 billion in November 2015, up $535 million (12 percent) from November 2014, Statistics New Zealand said today.

Private insurers reassure Canterbury residents

Private insurers today moved to reassure customers that they will not use Limitations Act defences for residential claims arising out of the Canterbury Earthquakes where proceedings are filed before 4 September 2017.

Waipapa exporter wins $30k business development grant

ecobeings Ltd of Waipapa is the recipient of the second $30,000 grant of 2015 from the Top Energy Business Development Fund.

Z installs biodiesel distillation column in Wiri

Z’s efforts to reduce New Zealand’s reliance on fossil fuels have reached a milestone with the installation of a biodiesel distillation column at New Zealand’s first commercial scale biodiesel plant in Wiri, Auckland.

$25m Vector Gas upgrade planned to supply Marsden Point

Vector Gas Limited and Refining NZ have reached an agreement to double the quantity of gas available for the Marsden Point refinery.

Service industries and manufacturing lift GDP growth

The New Zealand economy grew 0.9 percent in the September 2015 quarter, following an increase of 0.3 percent in June, Statistics New Zealand said today. The September quarter increase was driven by growth in the service industries and manufacturing.

Fonterra to sell Parmalat Australian yoghurt and dairy business

Fonterra Co-operative Group Limited has today announced the intention to sell its Australian yoghurt and dairy dessert business to Parmalat Australia Pty Ltd. Both parties entered into exclusive negotiations which have now culminated in the signing of a sale agreement.

EGCC Commissioner to leave

Electricity and Gas Complaints Commissioner Judi Jones is to leave the role in March next year. Jones joined the Scheme at its inception in 2001 and has been its only Commissioner.

Business as usual for Chamber's Business Mentor programme

Wellington Chamber of Commerce has confirmed a 3.5-year partnership to continue to manage the mentor and client pool for the Business Mentors service, which has been incorporated into the Regional Business Partner Programme, and Chief Executive John Milford is delighted.

Copper line decision 'worst possible Christmas present'

Today’s decision by the Commerce Commission to significantly hike regulated Chorus line charges for copper broadband and landline services is the worst possible Christmas present for New Zealand consumers and businesses, Spark New Zealand said today.

Commission urges Flexi Buy customers to come forward

Customers of mobile trader Flexi Buy Limited, who purchased goods but never received them, are being asked to contact the Commerce Commission.

Nigel Williams appointed non-exec director of ANZ Bank NZ

ANZ Bank New Zealand Limited (ANZ NZ) announced today the appointment of Nigel Williams as a non-executive director of the company. The appointment is effective from today. The appointment has been approved by the Reserve Bank of New Zealand.

Work to lift Waikato economy receives a boost

Four projects to help lift the Waikato region’s economy have been given a boost with an injection of funds.

Grow Wellington and Govt continue business support partnership

Grow Wellington, part of the Wellington Regional Economic Development Agency, will continue its partnership with Government to provide support to businesses for another five and a half years.

Further moderation in growth expected

The latest NZIER Consensus Forecasts shows forecasters have pared back growth expectations for the upcoming year. The downward revisions largely reflect expectations of weaker growth in investment.

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