Data released today by the Real Estate Institute of NZ ("REINZ") shows there were 79 fewer farm sales (-15.4%) for the three months ended July 2015 than for the three months ended July 2014.
The Insurance Council of New Zealand, whose members underwrite 95% of the general insurance market, that is, other than health or life insurance, has revised its Fair Insurance Code and appointed three well known New Zealanders to monitor compliance with it.
Federated Farmers has welcomed the outcome of this morning's GlobalDairyTrade auction, but says those in the dairy industry need to remain vigilant.
The new high-efficiency milk powder plant at Fonterra's Pahiatua site has kicked into gear, processing its first milk from the Co-op’s lower North Island farmers.
Fletcher Building today reported net earnings of $270 million for the year ended 30 June 2015, compared with $339 million in the 2014 financial year. The result included significant items totalling $150 million relating to the impairment of goodwill and site closure costs.
McKechnie Aluminium Solutions Limited has been fined $33,000 and ordered to pay $15,000 in reparation after an explosion caused serious burns to an employee’s foot, and superficial burns to his left hand, arm, chest and head.
Regional economic development can expect a shot in the arm from a new partnership signed in Wellington on Friday.
New Zealanders have received more than $1 billion a year in personal insurance claims for each of the last five years according to figures released today by the Financial Services Council (FSC).
The Government cannot let mismanagement of another State Owned Asset see large sales of productive farmland end up in foreign investors’ hands, Opposition leader Andrew Little says.
Retail NZ has cautiously welcomed the release of a Government discussion paper that proposes foreign websites selling digital services to New Zealanders pay GST - but has urged faster action on dealing with low value goods as well.
Startup Eat My Lunch today launched a project crowdfunding campaign on PledgeMe to support the work it is doing to alleviate child poverty in New Zealand.
Wellington accountancy firm Stephenson Thorner today announced that Michael Hollings has joined the practice as an Associate of the firm.
Carter Holt Harvey (CHH) is considering an IPO of the New Zealand Carters building supplies distribution business through an offer of ordinary shares in Carters Building Supplies Group Limited (Carters) and listings on the NZX and ASX.
The Board of Tainui Group Holdings (TGH) today announced the appointment of Chris Joblin to the role of CEO. Mr Joblin joined TGH in December 2009 as Chief Financial Officer and has been Acting Chief Executive since mid-April this year.
The board of New Zealand Home Loans (NZHL) is pleased to announce the appointment of Julian Travaglia as the new Chief Executive Officer, effective 12 October 2015.
Retail NZ says that, while the slower growth reported in the latest retail trade statistics is disappointing, it is not surprising. "Retailers are reporting that business has been steady, but not stellar through until the end of June," Retail NZ Chief Executive Mark Johnston said today.
Retail sales growth eased in the June 2015 quarter after big gains in recent quarters, Statistics New Zealand said today.
The New Zealand seafood industry makes a serious commitment to the sustainability of our fisheries through significant investments in world-leading technologies, Chief Executive Tim Pankhurst says.
Could the spending power of a growing ageing population and an emerging MÄori economy provide a new base for economic and social prosperity in regions?
Fonterra Co-operative Group Ltd is significantly reducing its GlobalDairyTrade (GDT) offer quantity forecasts for the next 12 months.
Solid Energy’s workers and the West Coast community face two more years of uncertainty with today’s announcement of the State Owned Enterprise going into voluntary administration, Opposition Leader Andrew Little says.
Placing Solid Energy into temporary voluntary administration gives the best chance to secure an ongoing future for the different parts of the business, Finance Minister Bill English and State Owned Enterprises Minister Todd McClay say.
In the year to July 2015, food prices increased 1.2 percent. This follows a decrease of 0.1 percent in the year to June and 0.8 percent in the year to May.
Kiwi Regional Airlines has announced the opening of its online and telephone reservations system today.
Deloitte Private and Spotlight Reporting are delighted to announce their strategic partnership to the New Zealand market. Deloitte Private plans to roll out a national offering featuring Spotlight Reporting tools for clients in coming months.
Two Directors of New Zealand Thoroughbred Racing (NZTR) are required to retire by rotation at each Annual General Meeting. This year Matthew Goodson (Chairman) and John Stace step down and both are eligible to stand for reappointment.
Massey University’s School of Food and Nutrition senior lecturer Rod Bennett has been awarded the New Zealand Institute of Food Science and Technology Distinguished Service Award for the Dairy Industry.
Bow Wow Box, New Zealand’s first subscription-box dog treat delivery company, was started late 2014 after founder Andy Evans saw a gap in the market for dog owners who wanted natural treats and toys professionally selected and delivered to the door once a month.
Retail spending using electronic cards was $4.6 billion in July 2015, up $244 million (5.6 percent) from July 2014, Statistics New Zealand said today.
A further fall in the ANZ Truckometer signals a clear slowdown in the economy, with the ANZ Heavy Traffic Index falling 0.3% in July. This index is down 0.2% in the last three months versus the previous three months (seasonally adjusted) and has fallen in six of the last seven months.
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