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2.15m people sign up as KiwiSaver continues to grow

Revenue Minister Todd McClay today released the sixth KiwiSaver evaluation annual report which showed continued steady growth for the retirement scheme in the 2012-13 year.

Winter Games NZ posts record economic benefit results

The post-event report by Audi quattro Winter Games NZ 2013 released today shows the event provided a major financial boost for both the Southern Lakes region and New Zealand as a whole.

Positive start to Christmas spending through Paymark

Figures released today by leading payments provider Paymark show spending through the Paymark network over the first seven days of December increased 8.6 per cent on the same time last year, as Kiwi’s gear up for the Christmas rush.

2degrees announces 'Share Everything'

When it comes to talking at length on mobile phones, New Zealanders are trailing behind most nations.

Telecom announces sale of AAPT for A$450 million

Telecom is pleased to announce that it has entered into a binding agreement to sell AAPT for A$450 million to TPG Telecom Limited.

Auckland Taxi Association claims 'false and misleading'

Claims by the Auckland Taxi Association that 50 drivers who have been campaigning for better conditions at Auckland Airport have been sacked are false.

Statistics reinforce resilience of dairy farmers

Despite a severe drought that resulted in a shorter milking season for many of New Zealand’s dairy farmers, milk production only decreased by 1.6% during the 2012/2013 season.

Crown research institutes show small surplus

Crown research institutes’ operating surplus was $24.1 million in the year ended 30 June 2013, StatisticsNew Zealand said today. Their operating surplus was $6.1 million smaller than in the year ended June 2012, when income exceeded spending by $30.2 million.

58 jobs gone in Wellington as Unilever sends work to Aust

At a meeting late today, workers at Unilever’s washing powder factory in Petone were told that their jobs will likely be gone and the factory will close by 2015, says the Engineering, Printing and Manufacturing Union.

NZFC announces new Chief Executive

Patsy Reddy, NZFC Chair, is delighted to announce the appointment of Dave Gibson as the next Chief Executive of the New Zealand Film Commission. He replaces Graeme Mason who recently left the Commission to become CEO of Screen Australia.

Air NZ expands mobile and online technology

Air New Zealand customers travelling on the airline’s services, both domestic and international, can now check in using their smartphones, tablets and online.

Trade deal 'will deliver benefits for both economies'

The Dairy Companies Association of New Zealand (DCANZ) commends the New Zealand and Taiwanese Governments on the implementation of the Economic Cooperation Agreement between New Zealand and Taiwan.

Newmarket hopes for strong Christmas trade

Newmarket Business Association Chief Executive, Ashley Church, is hoping that this year’s Christmas trade will kick off the long-awaited retail boom.

Mike Pero Real Estate to continue with Trade Me

While some real estate outlets across New Zealand have decided to boycott TradeMe, Mike Pero Real Estate will continue to use the online site, chief executive Mike Pero says.

'Strong vote of confidence' for Ballance

Following a record rebate and dividend of $65 per tonne, Ballance Agri-Nutrients has been given a strong vote of confidence by farmers with a significant increase in shareholder applications compared with the same time last year.

New CE named for Capacity

Capacity Infrastructure Services’ new chief executive has been named. He is Colin Crampton, 51, of Wellington.

Household spending just outpaced income in 2013

Household income was $122.4 billion (up 1.8 percent) while household spending was $123.3 billion (up 2.9 percent) in the March 2013 year, Statistics New Zealand said today.

Household expenditure and income increases

Increased spending on food, transport, and housing and household utilities means Kiwi households are spending more now than three years ago, Statistics New Zealand said today.

More than half of Kiwis feeling financially stressed

While 90 per cent of Kiwis will hit the shops to purchase gifts this Christmas, the additional outlay will leave more than half the population (51 per cent) feeling some financial stress over the holiday period.

Lowest October trade deficit since the mid-1990s

The trade balance for October 2013 was a deficit of $168 million, Statistics New Zealand said today. This is the lowest deficit for an October month since the mid-1990s. October months historically have trade deficits.

Fonterra finalises purchase of Tamar Valley Dairy assets

Fonterra Australia today finalised the purchase of the assets of Tasmanian yoghurt business, Tamar Valley Dairy. The Tamar Valley Dairy business is now under full Fonterra ownership and management.

Wynyard Group secures UAE deal

Wynyard Group (NZX:WYN), a leading provider of threat assessment and advanced crime analytics software announced a new client partnership with Galadari Brothers - a leading UAE business conglomerate with growing business interests in the Gulf Cooperation Council, Asia and Australia.

Green Acres wins franchise system award

Green Acres has once again taken out the Home Services Franchise System award at the 2013 Westpac New Zealand Franchise Awards. It is the 4th time that Green Acres has carried off the award in 19 years. And sister company, Hire a Hubby, was a finalist in the same category.

Mitre 10 sales up 10%; approach $1 billion

Mitre 10’s drive to break through the $1 billion sales barrier continues with the country’s largest home improvement and garden retailer reporting a 10 percent increase on the previous year’s total network sales to $944.7 million for the 2013 financial year.

Holiday arrivals drive continued growth

The latest arrival figures for the month of October show that an increase in the number of holiday makers continues to drive the overall growth in arrivals to New Zealand.

Govt procurement agreement 'would hit small NZ firms'

The Government is about to sign a Government Procurement Agreement in the World Trade Organisation (WTO) that could stop future central and local governments giving an advantage to local suppliers to help economic development.

Understanding the New Zealand exchange rate

Addressing underlying imbalances in the New Zealand economy is the key to addressing New Zealand’s overvalued exchange, Reserve Bank Assistant Governor and Head of Economics Dr John McDermott said today.

Yealands Estate an industry leader in energy use

With excellent energy management and efficient technologies, Yealands Estate Wines is setting the standard for other wineries, says Mike Underhill, Chief Executive of the Energy Efficiency and Conservation Authority.

Industry calls for 'mature conversation' about deep sea drilling

The petroleum industry says it hopes Labour Leader David Cunliffe’s announcement today on deep sea petroleum exploration will contribute to a mature conversation about New Zealand’s energy future.

New board members for ProCare

ProCare shareholders last night elected Drs Neil Hefford and Jan White and re-elected chair Dr Peter Didsbury to the company’s Board of Directors. The AGM attracted a record shareholder turnout.

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