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Reserve Bank states bank capital preferences

The Reserve Bank today published their in-principle decisions on capital requirements for registered banks. This is part of a thorough review of capital adequacy in the New Zealand banking system.

Orion 'delivers strong 2018 Annual Result'

Christchurch-based electricity distribution company, Orion New Zealand Limited, delivered another year of strong results and sustained growth in customer numbers in its Annual Results for 2018.

Forsyth Barr to support New Zealand Business Hall of Fame

Forsyth Barr Limited has joined in supporting the New Zealand Business Hall of Fame to celebrate the contribution of outstanding individuals to business and community.

NZIER: QSBO shows further weakening in business confidence

The latest NZIER Quarterly Survey of Business Opinion (QSBO) shows a further decline in business confidence. A net 19 percent of businesses expect a deterioration in economic conditions - more pessimistic than the 10 percent in the previous quarter.

First female arable chair joins Feds national board

Federated Farmers has a new board member as a result of elections held during last week’s national conference in Wellington.

Work underway for largest upgrade to Wellington Airport's terminal since 1999

Wellington Airport has begun preliminary demolition work ahead of a $15 million upgrade of the airport’s main terminal building.

Horticulture New Zealand asks growers to renew funding

Horticulture New Zealand’s Board is asking growers to vote to renew the levy funding that keeps the organisation going, with voting papers going out today.

Almost 20,000 people claim credits from Spark

Spark has so far refunded almost 20,000 former customers who had credits on their accounts.

Employment confidence up for a fifth consecutive quarter

The Westpac McDermott Miller Employment Confidence Index rose by 1.5 points to 117.4 in June. That was the fifth consecutive gain and takes New Zealanders’ confidence in the state of the labour market to its highest level since 2008.

Vodafone to bump paid parental leave to 22 weeks to help whanau

Vodafone has today announced that it will match the government’s increase in paid parental leave to 22 weeks to give primary carers more freedom to spend time at home with their young children.

New information requirements for law firms from 1 July

Clients of law firms will be required to provide certain information on their identity and address after 1 July. In some cases they will also be required to give details of the source of their funds.

GDP growth eases slightly

Gross domestic product (GDP) rose 0.5 percent in the March 2018 quarter, Stats NZ said today. This followed a 0.6 percent increase in the December 2017 quarter. Growth in service industries more than offset a fall in construction activity.

Investigation opened into Fulton Hogan's proposed acquisition

Investigation opened into Fulton Hogan's proposed acquisition of Stevenson Group The Commerce Commission has opened an investigation into Fulton Hogan Limited’s proposed acquisition of Stevenson Group Limited's construction materials business.

Consented hotel development placed on the market in mortgagee sale

The land and consented building plans for a seven-storey hotel, retail and residential complex in Central Christchurch have been placed on the market for sale under instruction from the property’s mortgagee.

Randstad urges employers to bridge NZ's 'Diversity Divide'

While diversity and inclusion are firmly on the agenda for New Zealand workplaces, 2018 Randstad Employer Brand Research reveals that less than one in two employees (46 per cent) believe that NZ businesses have successfully developed a diverse and inclusive culture.

Aupouri aquifer avocado orchard consents granted

Independent commissioners have granted a group of 17 Far North avocado growers resource consent to collectively take more than two million cubic metres of water a year from the Aupouri aquifer.

All of Christchurch can now connect to UFB

All residents of Christchurch and the surrounding areas can now connect to a faster network with the early completion of the ultra-fast broadband project in the city.

Sealord confident in their sustainable management

Recent media reports have cast doubt over Sealord practices back in 2012 in relation to reporting of catch. Sealord can reassure the public that at no time, either back in 2012 or in the present, has Sealord engaged in deliberately under-reporting catch.

Good on-farm management 'essential for eradication plan to succeed'

Good on-farm animal management will be essential if plans to eradicate Mycoplasma bovis (M. bovis) are to succeed, the New Zealand Veterinary Association says.

DCANZ supports decision for phased-eradication of Mycoplasma bovis

The Dairy Companies Association of New Zealand (DCANZ) strongly supports the New Zealand Government’s decision to continue the fight to eradicate Mycoplasma bovis from New Zealand.

Moving towards eradication - DairyNZ

DairyNZ today stood with the government in support of the united decision to take our one chance to eradicate the cattle disease Mycoplasma bovis from New Zealand.

New Zealand Cruise Association announces Conference 2018

Registrations are now open for the New Zealand Cruise Association’s 2018 Conference, to be held in Blenheim from 23 - 24 August.

Kiwi Wealth gets country's first robo-advice approval

Kiwi Wealth has become the first financial services provider in the country to be approved by the Financial Markets Authority to deliver personalised digital financial advice.

Tourism industry solution focused on freedom camping

A new body to consider freedom camping must create a broad consensus on the solutions that will address community concerns, says Tourism Industry Aotearoa.

CITIC Capital acquisition of Trilogy International goes ahead

One of the world’s largest private equity funds based in Hong Kong, CITIC Capital has acquired a leading New Zealand natural skincare and home fragrance company Trilogy International Ltd (Trilogy).

Interim Climate Change Committee 'provides confidence NZ can take credible steps'

Meridian Energy today welcomed the announcement of the new Interim Climate Change Committee as a defining first step in the country’s move to take action on climate change.

IoD welcomes focus on regulatory governance structures

The Institute of Directors (IoD) welcomes the New Zealand Initiative’s report Who Guards the Guards? Regulatory governance in New Zealand released today.

Pioneering courier business delivers 35 year milestone

New Zealand’s pioneering courier delivery network Fastway Couriers is celebrating 35 years. The company, which was established in Hawke’s Bay in 1983, is celebrating the milestone at its annual conference, to be held in Nelson on April 12-13.

WiFi calling comes to Apple devices

Following the successful launch of WiFi Calling on Android devices late last year, 2degrees is pleased to offer WiFi Calling on iPhones, starting immediately. This brings the total number of customers on 2degrees who can take advantage of WiFi Calling to over 350,000 and growing.

Business owners skip holidays to get books in order - research

While many people will be taking this weekend off and enjoying chocolate eggs - lots of small business owners (and their accountants) will be putting in extra hours to get their paperwork done, according to new research by MYOB.

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