Around three quarters of Contact Energy’s 62,500 residential and small enterprise business natural gas customers are now receiving lower gas prices as a result of changes we’ve made to our pricing from 1 October.
Abano Healthcare Group Limited (NZX:ABA) advises that its Share Purchase Plan (SPP) offer, to raise up to $9.25 million, has now closed and was heavily over-subscribed. The issue price has been confirmed at $5.95 per share.
Alcohol can be used for social advantage at work by both young employees and their organisation, new research from Victoria University of Wellington has found.
"The Reserve Bank’s new loan to value ratio (LVR) restrictions which come into force today are expected to lead to a further spike in mortgage-related issues, the highest single category of complaint for the Banking Ombudsman Scheme," says Banking Ombudsman Deborah Battell.
The Ministry of Business, Innovation and Employment today opened applications for the China Market Information Programme, a new initiative to co-fund business research projects on the needs and preferences of Chinese visitors.
Confidence among small businesses has surged to an 11-year-high with Wellington extending its lead as the nation’s most upbeat region, according to ANZ’s quarterly Business Micro Scope survey of small firms.
Research carried out for Kiwibank has revealed that New Zealand’s small businesses are owed $2.5b in unpaid invoices each month, with staff spending 18 million hours a year chasing them.
DataCol has been chosen by Umeme which is one of Africas largest and Ugandas sole power distributor, for deployment of its advanced meter reading solution to improve the customer experience SevenX, a meter data collection and data management tool.
New Zealanders who put off saving for their retirement year after year will pay a high price for their procrastination and will struggle to plug the gap if they depend on NZ Super alone for their income, Financial Services Council analysis shows.
Despite the high kiwi dollar, the Waikato based dairy cooperative, Tatua, has delivered an excellent result for its shareholding farmers with a cash payout after retentions of $7.40 per kilogram of milk solids (kg/MS).
Brendon Gibson of financial advisory firm KordaMentha advises that the settlement of the sale of MediaWorks NZ Limited (in receivership) to MediaWorks Holdings Limited (MWHL) has been postponed.
Kiwi families are under strain from mounting work commitments with parents saying they are too tired to play with their kids, regularly miss important occasions like birthdays and want to be home for dinner more often.
New Zealand Trade and Enterprise congratulates Oracle Team USA on successfully winning the 34th America’s Cup, and also Emirates New Zealand on their standout performance.
The BusinessNZ Planning Forecast shows nearly all key indicators for the economy are positive. The manufacturing and services sectors continue to show solid growth, international commodity prices remain firm, and business and consumer confidence are high.
NZX-listed property company NPT Limited (NPT) today announced the unconditional purchase of two East Christchurch properties for a total of $1.8 million. Settlement will be on Monday, 30 September 2013.
New Zealand continues to score highly in an international survey of energy sustainability.
Pen manufacturer Bic has confirmed it will lay off 19 workers and import pens from overseas instead of making them here, says the Engineering, Printing and Manufacturing Union.
The AA says participants in New Zealand’s $10 billion domestic tourism sector need to band together in order to develop their sector and maximise their capacity. Domestic tourism operators exist off the back of more than 40 million trips taken by Kiwis every year.
Global natural health and beauty products company Comvita is investing a further $1 million in a state of the art laboratory facility which will enable it to expand its testing and research capability for Manuka honey.
Progressive Enterprises does not add sulphites to its fresh meat and the recent samples taken by the Ministry for Primary Industries, which showed positive results for sulphites, were not from any Countdown, SuperValue or FreshChoice supermarket.
Faced with a local supply side crisis, China is mopping up huge quantities from the internationally traded market - squeezing out many other buyers - adjusting price movements across the global dairy complex.
"WEL Networks supports the Government’s regulatory review into broadband pricing and congratulates the government on taking quick action Dr Julian Elder, Chief Executive of WEL Networks confirmed today, regarding the Government’s review of broadband pricing.
The balance of traded goods for August 2013 was a deficit of $1.2 billion, Statistics New Zealand said today. This is the largest deficit for any August month and is 47 percent larger than the deficit for August 2012.
Horticulture New Zealand is confident it can move on and help build a better regional plan for growers in the central North Island, despite its failure to convince the High Court to uphold its legal challenge to the plan.
Communications and Information Technology Minister Amy Adams says the latest push from the Coalition for Fair Internet Pricing to mislead New Zealanders is disappointing.
One of Australasia’s largest HR services providers, Chandler Macleod has acquired a majority stake in New Zealand-based HR and change management agency, Grafton Consulting. Chandler Macleod’s other interest in New Zealand is OCG Consulting, the recruitment specialist.
"Many Kiwis, not just employers, have more money in their pockets following ACC levy cuts in 2012, and they stand to gain more if proposed cuts for 2014 go ahead," says ACC’s Chair Paula Rebstock.
In a big results fortnight for most dairy farmers and the New Zealand economy, listed milk processor Synlait has started the ball rolling with a net after tax profit for 2012/2013, which was ahead of its prospective financial information forecast.
Fonterra Co-operative Group Limited today provided guidance to the market on an increase to its Forecast Farmgate Milk Price for the 2014 season, and the likely impact on earnings for the current financial year.
Synlait Milk posted an $11.5 million net profit after tax for the year ending 31 July 2013, an increase of $7.1 million on FY2012 and ahead of its prospective financial information ("PFI") forecast of $10.8 million.
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