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Slingshot welcomes Netflix

Statement from Slingshot General Manager Taryn Hamilton:

Netflix NZ launch a great thing - InternetNZ

InternetNZ is thrilled that Netflix has announced it will be launching in New Zealand next year.

PledgeMe raises $100k in under 24 hours

New Zealand’s crowdfunding platform PledgeMe attracted $100,000 of investment in under 24 hours yesterday. "PledgeMe is happy to announce our equity crowdfunding campaign reached its maximum funding goal in under a day," PledgeMe’s Co-founder and CEO Anna Guenther said today.

Directors optimistic about economy, but face barriers to growth

Directors are very optimistic about economic performance in the next 12 months, but believe that reducing the amount of red tape and building staff capability will further improve performance.

Further GDT drop leaves farmers uncertain

Another drop in the GlobalDairyTrade of 3.1 percent will be a huge disappointment to New Zealand’s dairy farmers. "It goes without saying that the lowest auction price in five years is going to be a blow to the industry," says Andrew Hoggard, Federated Farmers Dairy Chair.

NZ small business 'continues to falter'

A new survey from CPA Australia has found that New Zealand’s small business sector continues to falter.

Young Friesian follows in father's fertile footsteps

Herd improvement company CRV Ambreed has cause to celebrate this month as its top performing bull, Aljo TEF Maelstrom, continues to prove his strong genetic value.

Lodge Real Estate buys Cambridge Real Estate

Leading Hamilton real estate company, Lodge Real Estate, has bought a stake in Cambridge Real Estate, partnering with well-known rural salesperson David Soar, and existing shareholder Sherry Herkes.

PledgeMe set to crowdfund itself

New Zealand’s crowdfunding platform, PledgeMe is set to start equity crowdfunding itself this today, PledgeMe CEO Anna Guenther said. "PledgeMe is crowdfunding crowdfunding," Ms Guenther said.

Dairy companies welcome FTA with Korea

The Dairy Companies Association of New Zealand (DCANZ) has welcomed the successful conclusion of Free Trade Agreement (FTA) negotiations between New Zealand and Korea.

Red meat sector welcomes conclusion of Korea FTA

The recently-concluded free trade agreement (FTA) with Korea will provide a major boost for New Zealand’s red meat exports there, according to the chairmen of Beef + Lamb New Zealand (B+LNZ) and the Meat Industry Association (MIA).

Wine industry welcomes South Korea trade deal

New Zealand Winegrowers has warmly welcomed the announcement of the conclusion of the free trade agreement between New Zealand and the Republic of Korea.

Three new members for Financial Advisers Code Committee

The Financial Markets Authority (FMA) today confirmed the appointment of three new members to the Code Committee for Authorised Financial Advisers (AFAs).

AA to maintain breakdown service in face of union threat

AA Roadservice will continue to meet the needs of its Members in the event of industrial action threatened by contact centre employees following a stop-work meeting yesterday afternoon.

Food prices unchanged in October

In October 2014, food prices were unchanged overall from the previous month, Statistics New Zealand said today. This follows a 0.8 percent fall in September and a 0.3 percent rise in August.

Manufacturing sector continues to expand

Employment activity reached its highest level as the manufacturing sector continued to show stronger expansion during October, according to the latest BNZ - BusinessNZ Performance of Manufacturing Index (PMI).

LVR speed limits important - NZMEA

The Reserve Bank of New Zealand (RBNZ) announced yesterday that LVR lending restrictions on banks would remain unchanged for now.

Increase in women directors needs to continue - IoD

The growth in the number of women directors is encouraging, but there is still a long way to go and no room for complacency, the Institute of Directors says.

Winter guest night growth 'improves tourism productivity'

Consistent growth in guest nights over the last six months shows that the tourism industry’s focus on improving seasonality is having an impact, tourism organisations say.

Fonterra Annual Meeting results

Fonterra shareholders have voted to pass six of the seven resolutions at this year’s Annual Meeting.

Guest nights up in September

National guest nights for September 2014 were 6.2 percent higher than in September 2013, Statistics New Zealand said today. This is the sixth consecutive month of rises.

Farm leaders critical of Air NZ cutbacks

The impending abolition of Air New Zealand services to and between provincial centres has been condemned by Federated Farmers leaders in the affected regions.

MIE endorses Fiona Hancox for Silver Fern Farms board

Meat Industry Excellence (MIE) chairman John McCarthy says that Silver Fern Farms shareholders will be well-served by Fiona Hancox on the board of their co-operative, and urged farmers to vote for her.

Directors of SPI companies agree to enforceable undertakings

The Financial Markets Authority (FMA) today confirmed that Murray Rex Alcock and Allister Ronald Knight (the Directors), of the various entities comprising the SPI group of companies (including SPI Property Fund Limited), have provided enforceable undertakings to the FMA.

Card spending rises in all retail industries

Retail spending using electronic cards increased by a seasonally adjusted 1.0 percent in October 2014, Statistics New Zealand said today. This rise followed a flat result in September.

'Growing complexity and risk' in payment systems

Rapid change in payment systems, both globally and in New Zealand, is creating innovative new services and reducing costs for users - but is also leading to greater risk.

Record number of IPO exits in Australia

A significant increase in exit activity across the Australian private equity (PE) and venture capital (VC) industry underpinned strong returns for investors in the year ended 30 June 2014, according to the 2014 Australian Private Equity and Venture Capital Association (AVCAL) and EY Yearbook, whi

Fonterra Elections: One new Director, four new Councillors

Today, following the close of voting in the 2014 Fonterra Elections it has been confirmed that one new Director and four new Shareholders’ Councillors will take office after the Fonterra Annual Meeting on Wednesday, 12 November.

NZ putting out welcome mat for Indian business visitors

Easing the way for high value Indian business travellers to come to New Zealand demonstrates the direct impact government initiatives can have in boosting tourism’s contribution to our economy, the Tourism Industry Association New Zealand (TIA) says.

Expectations better than experience - NZMEA survey

The latest New Zealand Manufacturers and Exporters Association (NZMEA) Survey of Business Conditions completed during October 2014, shows total sales in September 2014 decreased 4.08% (year on year export sales increased by 13.54% with domestic sales decreasing 10.11%) on September 2013.

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