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Changes to Financial Markets Conduct Act

Commerce and Consumer Affairs Minister Paul Goldsmith has today announced the approval of a number of changes to the financial markets conduct regime.

Insurers continue to top FSCL cases

Insurance companies are continuing to attract the most complaints to dispute resolution service Financial Services Complaints Limited (FSCL), but it is sales of replacement policies by independent financial advisers that is causing FSCL increasing concern.

Third person involved in Masala case sentenced on immigration charge

A third person involved in the company running the Auckland Indian restaurant chain Masala has today been sentenced on a charge related to the exploitation of migrant workers.

North Island wool market settles back

New Zealand Wool Services International Ltd’s CEO Mr John Dawson reports that the North Island sale comprising 5553 bales saw a range of activity with 82 percent selling and mixed fortunes despite a more favourable currency factor.

MPI to launch investigation into Farmwatch footage

The Ministry for Primary Industries is launching an investigation into Farmwatch footage featuring bobby calves being dropped, dragged and thrown. MPI Manager Compliance Operations, Gary Orr, says the footage, that was filmed covertly, warrants a full investigation.

New funding round to help public sector improve energy efficiency

Universities, polytechnics, local councils and hospitals are being given a leg up to get started on projects to improve their energy management to save money, reduce emissions and improve the quality of services they provide.

NZ Open Source Awards - Winners announced

The winners of the 2016 New Zealand Open Source Awards were announced at a gala dinner in Wellington last night. The winners for each category were: Government: Digital NZ, an initiative that seeks to help people find, share, and use NZ digital content.

Changes ahead for New Zealand food exports to China

Over 150 people from all over the country with gather at Victoria University of Wellington this week to examine how China’s modernising agricultural sector may impact New Zealand exporters, business relations and trade policies.

Top five secrets to passing building inspections

If you are planning a building or renovation project for your home, it’s likely you will need to obtain an approved consent before beginning work.

‘Available to work’ numbers are inflated - BusinessNZ

Numbers of New Zealanders available for work are being incorrectly reported, says BusinessNZ. The Salvation Army today claimed young unemployed New Zealanders are not getting employment opportunities because of unfair competition from migrant workers.

Hawaiki transpacific cable on schedule for mid-2018

Another significant milestone has been reached in the deployment of Hawaiki, the 14,000 km transpacific cable system scheduled for completion in mid-2018, as Hawaiki Submarine Cable LP and TE SubCom, a TE Connectivity Ltd.

MYOB launches digital signature service to connect with IRD

From today, Inland Revenue will begin accepting "digital signatures", saving businesses and their accountants a huge amount of administration time and further reducing the need for pen and paper in the workplace.

NZ facing security skills shortages

New Zealand is facing a security skills shortage, NZTech chief executive Graeme Muller says.

Wellington hosts national Chambers conference

Wellington is to host the 2016 New Zealand Chambers of Commerce annual conference tomorrow. The organisation represents 30 Chambers with a national and international business membership of more than 22,000.

Forest innovators take to the skies (and the soil)

Scientists are scanning our pine forests from the sky to learn more about tree growth and are peering under the roots to find beneficial microbes. Now they have been rewarded for their efforts by appreciative forest owners.

Financial literacy: Got the know-how, time for some action

New Zealanders have come out near the top of an international survey into financial knowledge, behaviours and attitudes.

New app helps farmers manage mastitis

A new app for farmers has been launched by LIC Automation to help those with CellSense in-line sensors to more easily manage mastitis in their herd.

Customer Experiences now in Auckland

Auckland businesses now have direct access to New Zealand’s leading customer experience development specialises Customer Experiences Ltd

Slice of Silicon Valley headed to NZ in October

Kiwi Landing Pad (KLP) today announced the launch of the third Sales and Marketing "Jam" series across the country starting October 31st and confirmed the speakers travelling from San Francisco to inspire and inform Kiwi entrepreneurs and innovators in a unique and engaging conference format.

Telco review could mean huge opportunities for NZ

Does anyone need Gigabit fibre in 2016? The launch of blazing-fast fibre services has met skepticism, with journalists asking "does anyone need this?" Well, some experts are convinced you do, and I tend to agree.

Inland Revenue ramping up scrutiny of big business taxpayers

Inland Revenue is increasing the number of large companies, including foreign-owned multinationals, that come under close scrutiny to make sure they are paying the right amount of tax. Since 2012, 600 New Zealand and foreign-owned groups have been under IR’s magnifying glass.

2degrees to launch nationwide consumer Gigabit Speed Boost

2degrees is launching a nationwide Gigabit Speed Boost to cater for customers’ ever-increasing demands for high speed data.

Funeral directors happy with Kapiti compromise

Funeral directors are happy Kapiti Coast District Council has compromised on its proposed changes to its Cemeteries Bylaw, says Funeral Directors Association CEO Katrina Shanks.

Vodafone 'responds to consumer issues'

The Commerce Commission today released its Consumer Issues 2016 paper, detailing information about complaints received in 2015.

Christmas is coming - three months to go

Today marks three months until Christmas Eve, and Retail NZ says that shoppers can expect to start seeing Christmas decorations about in malls over the next few weeks.

Govt challenged to halt closure of small power stations

Many small locally-owned power schemes could be forced to close, hitting regions hard, a public meeting in Cromwell was told today.

Speed, innovation 'key for aviation to deliver economic benefits'

The International Air Transport Association (IATA) called for speed and innovation to enable aviation to continue to deliver its vast social and economic benefits.

'Kiwis don't want cheaper power if it means someone else has to pay more'

"According to a poll commissioned by a group of consumer trusts, businesses, farming, local government and electricity sector participants, the kiwi spirit of giving everyone a fair go is alive and well across the country, with over 50% of Kiwis rejecting cheaper power bills if it meant other Kiw

Improved dairy sector expectations see NZ farmer confidence surge

New Zealand farmer confidence in the agricultural economy has risen for the second consecutive quarter and is now at its highest level since 2013, the latest Rabobank Rural Confidence Survey has shown.

Record 20 gold medals for Villa Maria Estate

Villa Maria has achieved unprecedented success at the New Zealand International Wine Show receiving 20 gold medals.

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