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Reserve Bank introduces revised outsourcing policy

The Reserve Bank today published a revised outsourcing policy for large banks. "The revised policy aims to ensure that a bank can continue to operate in a situation where a key service provider fails," Deputy Governor Grant Spencer said.

Two new executives join growing solarcity team

solarcity has made two new appointments with Mikal Todd taking up the role of Chief Information Officer and Karen Sharp as Head of Customer Experience. Both Mikal and Karen bring years of professional experience to the growing solarcity executive team.

New app to help farmers protect the environment

Farmers have a new tool to help them identify opportunities on farm to get even better environmental results.

Counties Power uses drone technology

Counties Power has begun surveying their network assets for the first time with drone technology. The drone is currently working through the network area surveying 57 switches. The switches, which control power flow, are located at the top of power poles.

Suncorp New Zealand completes claims assessments in Kaikoura area

Suncorp New Zealand said today it had completed all claims assessments in the Kaikoura area, and closed the temporary office it set up for customers following the November 2016 earthquake.

Proposed Kiwi Point Quarry expansion: consultation to start

Wellington City Council’s City Strategy Committee has today agreed to consult on expansion plans for the Kiwi Point Quarry in the Ngauranga Gorge.

Feds backs plan to open up Landcorp to young farmers

Federated Farmers supports the sale of farms currently operated by Landcorp to young farming families. "This gives young farmers another pathway into farm ownership.

2 Cheap Cars to pay upwards of $320,000 for employment breaches

Second hand car dealer 2 Cheap Cars Limited has been ordered to pay a $70,000 penalty, and is estimated to be liable for upwards of $250,000 in arrears, following a Labour Inspectorate investigation.

Mike Styles receives Adult Literacy and Numeracy Leadership Award

The Industry Training Federation and the Skills Highway team is delighted to congratulate Mike Styles on receiving the 2017 Adult Literacy and Numeracy Leadership Award, awarded by the National Centre of Literacy and Numeracy for Adults.

Powerco joins EMANZ

The Energy Management Association of New Zealand is delighted to welcome Powerco as its latest Sustaining Partner.

July weather costs insurers $31m

Ten days of snow, rain wind and flooding in July has caused $31 million damage to people’s homes, contents, businesses, boats and motor vehicles the Insurance Council of New Zealand reported today.

'Focus on fees for long-term KiwiSaver benefit'

Dr Ayesha Scott - Lecturer, Finance (AUT)

ANZ Commodity Price Index: Sweet 16%

The ANZ Commodity Price Index slipped 0.8% m/m in August, matching the fall in July.

Reserve Bank leasing office space to Defence Force

The New Zealand Defence Force has signed a lease to occupy three floors in the Reserve Bank of New Zealand building, beginning later this year.

Reserve Bank policy a key driver in economic performance - RBNZ Governor

The Reserve Bank’s monetary policy has been an important driver in the last five years behind above-trend growth in the economy and employment, Reserve Bank Governor Graeme Wheeler said today in a speech.

Wattie's staff volunteer help to feed the hungry

On Saturday 2nd September staff from Kraft Heinz (Wattie’s) Hastings will volunteer their time in partnership with Rise Against Hunger and The Salvation Army to help fight hunger in New Zealand.

New Zealand wine exports reach record high

The export value of New Zealand wine has reached a record high according to the 2017 Annual Report of New Zealand Winegrowers. Now valued at $1.66 billion, up 6% in June year end 2017, wine now stands as New Zealand’s fifth largest goods export.

Lions supporters proving their value off the field

A new report shows that the Lions tour provided a significant boost to the local economy, attracting high value and experience driven British and Irish supporters.

Vodafone NZ delivers strong growth and return to profit

Vodafone New Zealand today released its results for the year ended 31 March 2017 which saw revenue increase 2.8% year on year and EBITDA 7.9%. Overall Vodafone NZ reports a full year profit after tax of $40.2m.

ACU launch new banking platform

Co-op Money NZ and ACU, a Māori based credit union started by the MUMA (Manukau Urban Māori Authority) 28 years ago, are proud to announce today that ACU is the first Māori financial institution to launch a tier one banking platform for its 15,000 members.

Auckland Airport welcomes increased flights on Bangkok to Auckland route

Auckland Airport has welcomed the announcement by Thai Airways that it will increase flights on its Bangkok to Auckland service.

Talley's skipjack tuna gets tick of sustainability

New Zealand¹s main skipjack tuna purse seine fishery has been certified by the Marine Stewardship Council (MSC) as being sustainably managed.

NZ Post appears to have set up fastpost to fail - Postal Workers Union

By putting up the price of fastpost last month without any apparent commitment to correct its service failures, NZ Post effectively set up fastpost for failure.

Truck shop sentenced for 'incomprehensible' contracts

Auckland truck shop Zee Shop Limited (Zee Shop) has been fined $108,000 for providing contracts which included "incomprehensible" clauses.

Chamber supports call for firm hand over Queensland protectionism

Wellington Chamber of Commerce supports the call from ExportNZ for Trade Minister Todd McClay to take a firm hand over a Queensland state trade decision, when he meets the Australian Federal Trade Minister in Canberra today.

Arable industry survey indicates better days ahead

The arable industry is optimistic and looking forward after a wet harvest and a period of market uncertainty.

IANZ plays crucial role in the kiwi economy - NZIER

An independent investigation by the New Zealand Institute of Economic Research has clearly demonstrated the crucial role accreditation plays in supporting the New Zealand economy.

Orion Health signs contract in Victoria, Australia

Auckland, New Zealand- Orion Health, has signed a five-year contract with the Department of Health and Human Services (DHHS) in Victoria, Australia, to deploy the company’s flagship interoperability solution, Rhapsody Integration Engine, across the DHHS and 15 public health agencies.

Kiwifruit Claim urges caution over mud import

Kiwifruit Claim chairman, John Cameron said today that it’s just not worth the risk to any of our primary industries for MPI to approve an import of $95,000 of mud from South Korea, which may-be contaminated with Foot and Mouth disease, for the Rotorua Mud Festival.

Mastercard and PayPal expand partnership in Asia Pacific

Mastercard (NYSE: MA) and PayPal (NASDAQ: PYPL) today announced an extension of their partnership into Asia Pacific to enhance the consumer experience and make Mastercard a clear payment option within PayPal.

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