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Maori Television to remain in Auckland

Māori Television will remain in Auckland, it has been decided by the Māori Television board.

Victoria Crone and Rob McDonald to join Contact Board

Today Contact Energy Limited (Contact) announced that Victoria Crone and Rob McDonald have been appointed as directors to join its Board effective 12 November.

RWC lures NZ holidaymakers to the UK

New Zealand residents took 235,600 overseas trips in September 2015, up 7 percent from September 2014, Statistics New Zealand said today. Most of the increase was to Australia and the United Kingdom.

Snakk lifts Q2 revenues, first positive EBITDA quarter

Snakk Media Limited (NZAX: SNK) is today announcing second quarter revenues of NZD$2,315,404 from July to September 2015, representing a 13% year-on-year increase.

Fullers invests $16m in faster passenger ferries

A $16 million investment from Fullers will mean two additional, faster 34 metre passenger ferries and increased frequency on the popular Waiheke to Auckland route in what is New Zealand’s largest commercial vessel contract ever awarded.

Market corrections 'deliver clarity and opportunity'

AMP Capital’s Quarterly Strategic Outlook released today sees opportunities for investors prepared to ride out the increased volatility in global sharemarkets, which has been especially marked over the last quarter.

JLL appoints Senior Project Manager for WAP2 project

Rachel van Doorn has been appointed as a Senior Project Manager to JLL Wellington’s Project and Development Services (PDS) division.

ASB granted a DIMS licence

ASB has been granted a Discretionary Investment Management Service (DIMS) licence, effective October 31, 2015, which enables ASB to continue to provide its class DIMS, ASB Portfolio Series.

New code 'makes buildings safer'

Building and business owners occupying offices where air conditioning and sprinkler systems have been installed unrestrained above ceilings, may be running the risk of a health and safety prosecution for allowing staff to work in an unsafe work environment.

Data Futures group announced

Finance Minister Bill English and Statistics Minister Craig Foss today named the working group responsible for leading the new Data Futures Partnership.

CPI up 0.3 percent in September quarter

The consumers price index (CPI) rose 0.3 percent in the September 2015 quarter, Statistics New Zealand said today. Higher housing-related prices, and seasonally higher vegetable and package holiday prices, were partly countered by lower vehicle relicensing fees.

FMA confirms new organisation structure

The Financial Markets Authority (FMA) today announced a revised organisational structure and key appointments for its executive committee.

Contact Energy announces on-market share buyback

Contact Energy Limited (Contact) has announced today that it plans to undertake an on-market share buyback of up to 25 million ordinary shares for an aggregate purchase price of up to NZ$100 million during the remainder of the 2016 financial year.

Stronger dollar and slow market lowers wool prices

New Zealand Wool Services International Limited’s C.E.O, Mr John Dawson reports that the strengthening New Zealand dollar and lack lustre overseas buying interest saw most types ease for the 5,100 bales of North Island wool on offer this week.

Judicial review sought of Lochinver decision

Pure 100 Farm Limited (Pure 100), a subsidiary of Shanghai Pengxin, is seeking a judicial review of the Government’s decision to decline its application to purchase Lochinver Station.

Consumer confidence: A happier tune

Consumers hummed a happier tune with sentiment rising for a second straight month to a four-month high, according to October's ANZ-Roy Morgan New Zealand Consumer Confidence report.

Flick and Triton Hearing receive Consumer Trusted accreditation

Consumer NZ is delighted to announce electricity provider Flick Electric Co. and hearing health care provider Triton Hearing have received Consumer Trusted accreditation.

Gull drops regular fuel price

Gull has today dropped their regular fuel price at all company priced service stations to no more than $1.899 a litre, while the larger companies struggle to catch up.

Fibre continues to grow at light speed - Statistics NZ

New Zealand has over 100,000 fibre-optic broadband connections, Statistics New Zealand said today. This is more than double the number of fibre connections in 2014.

NZ Open co-hosting agreement signed

The future of the BMW New Zealand Open is secure in Queenstown for the foreseeable future.

Napier Port appoints new chief financial officer

Napier Port has appointed Kristen Lie as its new chief financial officer. Kristen, originally from Hawke’s Bay, has joined Napier Port after some 18 years abroad and brings more than 21 years’ financial experience along with strong commercial and strategic planning skills.

Auckland asking prices 'increase $300,000 in five years'

The average asking price for Auckland properties has risen $300,000 over the past five years according to the latest Trade Me Property Price Index.

New report: Navigating energy futures to 2050

The BusinessNZ Energy Council (BEC) today launches a new report - New Zealand Energy Scenarios: Navigating energy futures to 2050 - which outlines two different scenarios of what New Zealand’s energy future could look like over the next 35 years.

Internet data use soars

New Zealanders are using more data than ever - we used 143 percent more data in June 2015 than in June 2013, Statistics New Zealand said today. People used more than 84,000 terabytes of data in the month of June 2015, compared with over 34,000 terabytes in June 2013.

Hospitality NZ and Motel Association amalgamation official

The amalgamation between Hospitality New Zealand and the Motel Association of New Zealand has now been formalised with the signing of the contract, late last week in Nelson, at Hospitality New Zealand’s annual conference.

CBL Corporation lists on NZX and ASX

Shares in Auckland-based international credit surety and financial risk insurer CBL Corporation (CBL) are now being traded on the New Zealand and Australian stock exchanges following an IPO which raised $NZ125 million, money which will largely be used to fund the company’s ongoing global growth

Kapiti Horowhenua Business Hall of Fame inducts businessmen

Two prominent and highly successful local businessmen and community leaders have been inducted into the Kapiti Horowhenua Business Hall of Fame.

New banknotes to enter circulation from Monday

New $5 and $10 banknotes will be in public circulation from Monday, the first day that banks and retailers can dispense, the Reserve Bank said today.

Second SPGI director pleads guilty to FMA charges

Company director, Mark Andrew Turnock, has pleaded guilty to a charge brought by the Financial Markets Authority (FMA), relating to his involvement as director of SPG Investment Company No.1 Limited (SPGI).

More electricity industry awards for Northpower

Northpower employees have again been recognised for excellence in the electricity sector at the annual Connexis Excellence awards in Hamilton last night.

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