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NZ China Mayoral Forum to explore trade opportunities

New Zealand mayors are preparing to explore innovative trade and investment opportunities with China’s local government leaders at a ground-breaking Mayoral Forum next week in Xiamen City, China.

Future Fund 'aims to kick start NZ's economic growth'

A new fund will provide young New Zealand social entrepreneurs with financial support similar to what is available to their worldwide counterparts.

'Kiwis thinking ahead' about managing money

As Money Week begins, a majority of Kiwis are thinking about savings with retirement the top reason for saving money, according to the latest research from MasterCard.

Govt decision to allow dumping 'gets balance wrong'

BusinessNZ is disappointed the Government has failed to heed submissions and is allowing goods to be dumped in NZ if it is deemed to be in the "public interest", via a new public interest test.

Agriculture leads business profit growth in 2014

New Zealand businesses' total operating profit before tax was up $4.1 billion (7 percent) in the 2014 financial year, Statistics New Zealand said today. The agricultural industries led the overall profit growth in 2014, after a decline in 2013.

Kiwibank Group reports after tax profit of $132 million

Kiwi Group Holdings Limited ("KGH"), which includes Kiwibank Limited and associated companies involved in Wealth Management, Insurance and New Zealand Home Loans, has achieved an after tax profit of $132 million for the year ended 30 June 2015.

NZ Post annual profit 'shows it's time to stop cutting'

After another year of returning good profits, New Zealand Post has plenty of room to take a breath and begin planning for the future, says the Engineering, Printing and Manufacturing Union.

Rockit appoints group general manager

The continued international success of Rockit apples has led to a significant key appointment with highly respected business leader Austin Mortimer being appointed as the Group’s General Manager.

Wool market consolidates

New Zealand Wool Services International Limited’s Senior Trader, Mr Nathan Arthur reports that at today’s South Island wool auction Crossbred wool prices generally consolidated despite the weighted currency indicator reducing by 2.31 percent from .6229 last week to .6090.

Traders benefiting from online registration - Wagner

Customs Minister Nicky Wagner says the rapid uptake of an online service helping customs brokers meet border requirements for imports and exports has far exceeded expectations.

Greens 'to prioritise fixing' health and safety law

Changes to improve workplace health and safety law will be a priority for the Green Party when it is in Government, the Party’s Workplace Relations and Safety Spokesperson, Denise Roche, said today.

'Competing interests balanced' in changes to anti-dumping laws

Minister of Commerce and Consumer Affairs Paul Goldsmith today announced that a test will be introduced into New Zealand’s anti-dumping regime to better balance consumer interests with those of the manufacturers threatened by dumped imports.

Convergence Paper highlights opportunities for NZ - Lightbox

The Government’s release of a Green Paper on Convergence and associated Discussion Document on Content Regulation has been welcomed by online video-on-demand provider Lightbox as necessary steps in preparing New Zealand for the digital future.

'Significant opportunities' to improve urban development in NZ

New Zealand has an opportunity to significantly improve urban development according to leaders across the infrastructure sector.

Fruit and meat lead rise in July exports

The value of total goods exported was $4.2 billion in July 2015, up $514 million (14 percent) compared with July 2014, Statistics New Zealand said today. Fruit exports led the rise, up 51 percent ($105 million) to $311 million.

Kiwis have become more frugal in wake of GFC - study

A newly released University of Otago study of consumer lifestyles suggests many Kiwis have become thriftier and more closely aligned with traditional values in the wake of the global financial crisis (GFC).

Air NZ and Cathay Pacific strategic agreement to extend

Air New Zealand and Cathay Pacific welcome the decision today by the Minister of Transport Hon Simon Bridges to re-authorise the airlines’ strategic agreement on the Auckland - Hong Kong route until 31 October 2019.

Solid Energy creditors meet

A first meeting of creditors of Solid Energy New Zealand Limited (SENZ) (Administrators Appointed) and its associated companies was held today in Christchurch - the first milestone in the five-week voluntary administration (VA) process.

Air NZ and Cathay Pacific alliance reauthorised

The extension of a strategic alliance between Air New Zealand and Cathay Pacific will result in more benefits to travellers than would otherwise have been the case, Transport Minister Simon Bridges says.

Canstar announces small business bank of the year

It is a phenomenal achievement: Bank of New Zealand (BNZ) has proved its enduring commitment to helping small business customers by being named Bank of the Year - Small Business by CANSTAR for the fifth successive year.

Samsung and The Icehouse team up to launch Samsung Springboard

At an event in Auckland yesterday, The Icehouse and Samsung Electronics announced the launch of Samsung Springboard - a competition designed to cast the spotlight on savvy and innovative Kiwi tech leaders.

Unlisted platform granted exemption from FMCA licencing requirements

Minister of Commerce and Consumer Affairs Paul Goldsmith today announced that the share trading platform Unlisted will be granted an exemption from the licensing requirements of the Financial Markets Conduct Act.

Stock market crashes demand new thinking from Govt - Greens

The Green Party is calling on the Government to embrace new ideas to steer New Zealand away from global economic turmoil following stock market crashes in China and the USA, or else risk repeating the mistakes it made in 2009-10.

DigMyIdea Maori Innovation Challenge open for business

The DigMyIdea Māori Innovation Challenge - an exciting new competition designed to inspire Aotearoa’s top emerging entrepreneurs to turn their innovative ideas into reality - is now open for business, with great prizes on offer.

Commission reconvenes conference on wool scouring authorisation

The Commerce Commission is to reconvene its conference on Cavalier Wool Holding Limited’s application for authorisation to acquire New Zealand Wool Services International's wool scouring business.

'Govt should go further' on shopping hours

Retail NZ has welcomed reports that the Government is moving to provide greater flexibility around shop trading hours on Easter Sunday, but has also called for the Government to go further in allowing New Zealanders to choose when they shop.

Fonterra launches recycling solution for yoghurt pouches

Fonterra Brands New Zealand (FBNZ) is launching New Zealand’s first recycling programme for yoghurt pouches.

'Got A Trade' Week : August 21 to 28 2015

The Industry Training Federation is proud and delighted to welcome the inaugural "Got a Trade" Week - part of a campaign to promote and celebrate vocational education, trades and services training and apprenticeships.

Chorus result 'substantially impacted' by regulation

Chorus has today reported a net profit after tax (NPAT) of $91m (FY14: $148m) and earnings before interest, tax, depreciation and amortisation (EBITDA) of $602m (FY14: $649m) for the year ended 30 June 2015.

Guilty pleas entered in OPI Pacific Finance case

Two former directors of OPI Pacific Finance, Mark Lawrence Lacy and Jason Robert Duncan Maywald, have today pleaded guilty to two charges under the Securities Act 1978 in a prosecution commenced by the Financial Markets Authority (FMA) in 2013.

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