The trade balance for October 2013 was a deficit of $168 million, Statistics New Zealand said today. This is the lowest deficit for an October month since the mid-1990s. October months historically have trade deficits.
Fonterra Australia today finalised the purchase of the assets of Tasmanian yoghurt business, Tamar Valley Dairy. The Tamar Valley Dairy business is now under full Fonterra ownership and management.
Wynyard Group (NZX:WYN), a leading provider of threat assessment and advanced crime analytics software announced a new client partnership with Galadari Brothers - a leading UAE business conglomerate with growing business interests in the Gulf Cooperation Council, Asia and Australia.
Green Acres has once again taken out the Home Services Franchise System award at the 2013 Westpac New Zealand Franchise Awards. It is the 4th time that Green Acres has carried off the award in 19 years. And sister company, Hire a Hubby, was a finalist in the same category.
Mitre 10’s drive to break through the $1 billion sales barrier continues with the country’s largest home improvement and garden retailer reporting a 10 percent increase on the previous year’s total network sales to $944.7 million for the 2013 financial year.
The latest arrival figures for the month of October show that an increase in the number of holiday makers continues to drive the overall growth in arrivals to New Zealand.
The Government is about to sign a Government Procurement Agreement in the World Trade Organisation (WTO) that could stop future central and local governments giving an advantage to local suppliers to help economic development.
Addressing underlying imbalances in the New Zealand economy is the key to addressing New Zealand’s overvalued exchange, Reserve Bank Assistant Governor and Head of Economics Dr John McDermott said today.
With excellent energy management and efficient technologies, Yealands Estate Wines is setting the standard for other wineries, says Mike Underhill, Chief Executive of the Energy Efficiency and Conservation Authority.
The petroleum industry says it hopes Labour Leader David Cunliffe’s announcement today on deep sea petroleum exploration will contribute to a mature conversation about New Zealand’s energy future.
ProCare shareholders last night elected Drs Neil Hefford and Jan White and re-elected chair Dr Peter Didsbury to the company’s Board of Directors. The AGM attracted a record shareholder turnout.
The third reading of the Reserve Bank of New Zealand (Covered Bonds) Amendment Bill today has been welcomed by the New Zealand Bankers’ Association.
For the first time New Zealanders made more than one million Visa payWave transactions last month, marking a significant milestone since contactless cards were launched in 2011.
A commitment by Auckland Council to pay a Living Wage for low paid staff as a result of debate on the topic this week would open up a Pandora’s Box, the Employers and Manufacturers Association says.
Simple language is a bottom line issue for businesses and more New Zealand organisations are recognising the fact.
New Zealand will be among the strongest developed economies in the world over the next few years, according to the Organisation for Economic Cooperation and Development’s latest annual Economic Outlook published overnight.
ASB is offering a zero percent interest rate on all purchases for five months with new personal Visa credit cards that are opened between now and the end of the year.
Air New Zealand notes the Crown has announced that it has completed the sell down of part of its shareholding in Air New Zealand.
Federated Farmers, together with the New Zealand Forest Owners Association the New Zealand Farm Forestry Association have today signed a landmark Memorandum of Understanding (MoU) to build the relationship between foresters and farmers.
Emirates Airline has again rewritten all records in civil aviation with an order for 150 Boeing 777X aircraft, comprising 35 Boeing 777-8Xs and 115 Boeing 777-9Xs, plus 50 purchase rights; and an additional 50 Airbus A380 aircraft.
Fonterra today welcomed a new Dairy Cooperation Arrangement between the New Zealand Government and Sri Lankan Government signed by Sri Lankan Minister for External Affairs Gamini Lakshman Peiris and New Zealand Minister for Foreign Affairs Murray McCully on the sidelines of the Commonwealth Heads
Auckland Airport has announced the appointment of Jason Delamore to the company’s Leadership Team. Adrian Littlewood, Auckland Airport’s chief executive, says he is delighted to appoint Jason following an extensive domestic and international recruitment process.
New Zealand’s INVENCO has just appointed Dr Graham Allen to head up their Software Product Development and Delivery team.
Health insurers have paid out half a billion dollars in claims in the past six months, mostly on elective surgery, following back-to-back record claims quarters, according to statistics released today by the Health Funds Association (HFANZ).
David Robert Gilmour Ross (63) has been sentenced in the Wellington District Court to 10 years and 10 months of imprisonment following a joint agency investigation by the Serious Fraud Office (SFO) and the Financial Markets Authority (FMA).
MP for Tamaki Makaurau, Dr. Pita Sharples has spoken out in support of the strike action and stance taken by drivers of small taxi firms against the conditions that Auckland Airport has placed on them.
People should be wary of transferring money on behalf of people they don’t know. The warning was issued today by the New Zealand Bankers’ Association in response to a new banking scam.
Retail spending in the September 2013 quarter was relatively flat after a large increase in the June 2013 quarter, Statistics New Zealand said today.
The trend for national guest nights spent in short-term commercial accommodation remains at a record high level, Statistics New Zealand said today.
Business Central congratulates member companies which received awards in Hawke’s Bay Business Awards last night.
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