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Confidence and domestic sales down, exports up - survey

The latest New Zealand Manufacturers and Exporters Association (NZMEA) Survey of Business Conditions completed during April 2014, shows total sales in March 2014 increased 12.57% (year on year export sales increased by 29.33% with domestic sales decreasing 3.05%) on March 2013.

Steel and Tube 'make a farce of mediation'

Workers are picketing Steel and Tube sites in Auckland and Christchurch again after management scuppered mediation with their union representatives yesterday.

SBS Bank appoints CEO

SBS Bank directors have today announced that Wayne Evans has been appointed to the role of Chief Executive, replacing Ross Smith who is retiring on 31 July after 22 years in the role.

Exports continue to rise in March quarter

The seasonally adjusted value of exported goods rose 2.1 percent to $13.6 billion in the March 2014 quarter, Statistics New Zealand said today. This follows rises in the previous two quarters. "Meat and fruit led the increase in seasonally adjusted exports,"

All-cash offer for Goodman Fielder announced

First Pacific Company Limited ("First Pacific") and Wilmar International Limited ("Wilmar") announce that they have submitted a non-binding all-cash offer for the joint acquisition of all of the shares in Goodman Fielder Limited ("Goodman Fielder" or "the company") via a scheme of arrangement at

Restructuring of Southern Cross Forest Products announced

The receivers of Southern Cross Forest Products (SCFP) announced today a restructuring of the South Island businesses.

Retail and hospitality sector predicting strong year

As retailers and hospitality business operators grapple with one of the most complex trading weeks of the year, many are hopeful that rising consumer confidence will translate into strong sales for the next 12 months.

Microsoft Imagine Cup NZ winners announced

Microsoft has announced the New Zealand winners of the 2014 Microsoft Imagine Cup competition.

Germany jumps to NZ's fifth largest market

With 9,424 extra arrivals for the 12 months to the end of March, Germany has overtaken Japan to become New Zealand’s fifth largest visitor market.

Fewer international travellers due to later Easter

Visitor arrivals to New Zealand in March 2014 were affected by the later timing of Easter, and later school holidays in some key source countries, Statistics New Zealand said today. The number of visitors in March (253,600) was down 6 percent from last year.

300 international tourism buyers prepare for TRENZ 2014

Almost 300 tourism and travel buyers from around the world will converge on Auckland next month to attend TRENZ 2014, eager to discover what new and exciting tourism products New Zealand has to offer consumers in their home markets.

Poll shows support for removing KiwiSaver members tax credit

A Horizon Poll commissioned by the Financial Services Council shows KiwiSavers support removing the annual $521 members tax credit (MTC) to fund lower KiwiSaver fund tax rates. $288,000 benefit from lowering tax on savings interest:

Green light for three salmon farms

The Supreme Court of New Zealand has given the green light for three out of four new salmon farms in Marlborough. The new farms represent the first new space to be allocated for salmon for over twenty years.

Change of approach to govt procurement needed - RMTU

The rail engineering industry has been totally let down by National’s lack of manufacturing policy, and Labour’s measures outlined today represent a marked shift in approach to supporting domestic industries, the RMTU said today.

Thrifty secures government rental car contract

Thrifty Car Rental has won a key government contract to provide vehicle rentals to all New Zealand government agencies. The tender was granted by the Ministry of Business, Innovation and Employment (MBIE) and is the first "All-of-Government" agreement for car rental services.

Anthony Healy appointed to lead BNZ

BNZ chairman John Waller announced today that Anthony Healy had been appointed managing director and chief executive officer of BNZ, effective from 12 May, 2014. This appointment is subject to formal clearance from the regulator.

MediaWorks appoints head of corporate communications

MediaWorks has appointed Rachel Lorimer to the newly created role of Group Head of Corporate Communications.

1 in 4 want to improve financial literacy - survey

A nationwide survey by Canstar Blue reveals that nearly a quarter of New Zealanders would like to improve their understanding of banking and finance, but don’t know where to go for information.

CPI increases 0.3 percent in March quarter

The consumers price index (CPI) rose 0.3 percent in the March 2014 quarter, Statistics New Zealand said today. Higher tobacco and housing prices were partly countered by seasonally cheaper international air fares, vegetables, and package holidays.

New luxury hotel to boost Auckland economy - ATEED

A new five-star hotel development on Auckland’s waterfront will strengthen the region’s visitor economy says Auckland Tourism, Events and Economic Development (ATEED).

It ain't over 'til it's over - winning back customers

A sales firm inevitably loses customers no matter how well it is doing-but is it worth trying to win them back?

BlueScope Steel cleared to buy Pacific Steel assets

The Commerce Commission has granted clearance to BlueScope Steel (NZ) Limited to acquire Pacific Steel Group’s rolling mill and wire mill manufacturing operations in Auckland and its New Zealand long steel distribution, marketing and sales operations from Fletcher Steel Limited.

No rain reprieve yet for drought-hit farms - Fed Farmers

While farming areas in the South Island and the main centres receive rain, very little has fallen in areas affected by the upper North Island’s second consecutive autumnal drought.

Kiwi environmental innovation receives international honours

Contact Energy’s Wairākei bioreactor - a Kiwi innovation - has been awarded honours at the internationally recognised 2014 IWA Asia Pacific Regional Project Innovation Awards in Singapore.

Growing value on Hotel Industry Conference agenda

Delegates at the 2014 New Zealand Hotel Industry Conference will find out how the tourism industry’s new Tourism 2025 growth framework can help grow their business and how they can play their part.

Food prices down 0.3 percent in March

Food prices fell 0.3 percent in March 2014, but were up 1.2 percent on a year earlier, Statistics New Zealand said today. The monthly fall follows a 1.0 percent fall in February, and a 1.2 percent rise in January.

Guest night trend soars to record high

The trend for New Zealand guest nights is at a record high, Statistics New Zealand said today. Trends for North Island and domestic guest nights are also at record high levels.

Demand for personal loans up 12.5% - Veda

New Zealand’s leading credit bureau, Veda, has reported some interesting movements in the credit demand cycle for the first quarter of 2014. -Personal loans are up 12.5% on the same quarter in 2013

Screen industry remains above $3 billion

Screen industry remains above $3 billion
Total screen industry revenue dropped 4 percent compared with 2012 but remained above the $3 billion mark, Statistics New Zealand said today.

Manufacturing activity 'marching onwards'

Activity in New Zealand’s manufacturing sector continued to march onwards, according to the latest BNZ - BusinessNZ Performance of Manufacturing Index (PMI).

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