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Government's update paints a rosy economic picture - PwC

Treasury’s Half Yearly Economic and Fiscal Update offers a rosy outlook for the next few years. Growth is expected to be around 3.5% and averaging 3% over the next five years.

Household sector saving continues to decline

Household net disposable income was $138.4 billion (up 2.8 percent), while household spending was $141.4 billion (up 3.6 percent) in the March 2016 year, Statistics New Zealand said today. Household saving was negative at $3.0 billion.

Early Xmas present for bank customer careless with PIN

A bank customer who was careless with her phone banking PIN was lucky to get back $5,000 stolen from her account, says Banking Ombudsman Nicola Sladden.

2016 AMI NZ Autocar Car of the Year announced

The Mazda CX-9 has won the overall AMI Insurance NZ Autocar Car of the Year award for 2016. After a day of back-to-back testing with the five other category winners, it amassed more points than its rivals to claim the title. It was also the winner of the AMI Insurance Safety Award.

ANZ Commodity Price Index rises 2.7% in November

The ANZ Commodity Price Index rose 2.7% in November, the seventh rise in as many months. The recent run of form has seen the index lift to 13% higher than a year ago (due in part to base effects).

$250m investment in eco development on Krd

Answers to Auckland’s housing crisis require new ways of thinking, new ways of building and new ways of engaging with the community, say a group proposing to build ‘The McGreggor’ New Zealand’s most sustainable apartment building in the vibrant Karangahape road precinct.

Air New Zealand opens doors to new regional lounge in Wellington

Air New Zealand has today welcomed customers to the airline’s first lounge dedicated to regional travelers out of Wellington.

Aunt Jean's Dairy set to bring back the kiwi classic of milk in a glass bottle

Seventh-generation dairy farmers Julian and Cathy Raine of Nelson are teaming up with leading glass manufacturer O-I to bring beautiful A2 cows’ milk fresh from the farm to milk lovers around New Zealand, in one-litre glass bottles under the name Aunt Jean’s Dairy.

Timely wins best emerging business in NZTE International Business Awards

Appointment scheduling and business management software company Timely secures a win at the 2016 New Zealand International Business Awards as the best emerging business for 2016, alongside finalist Haka Tours.

Creating safer skies and better sustainability for aerial topdressing

An award winning development in aerial topdressing is making it safer for pilots to navigate one of the world’s most dangerous professions while improving on-farm sustainability.

Major step forward on pay equity: BusinessNZ

BusinessNZ says the Government’s agreement to the Joint Working Group on Pay Equity Principles is a major step forward for dealing with any cases of undervaluing women’s work.

Zespri releases another 400 hectares of SunGold licence for 2017

At the end of a record-breaking 2016 season, Zespri is continuing to invest in future growth by announcing the release of another 400 hectares of its gold kiwifruit variety SunGold next year.

Suncorp NZ sells Autosure business, enters into corporate partnership

Suncorp New Zealand today announced the sale of the majority of its Autosure motor insurance business to Turners Limited, and the start of a new corporate partnership with Turners. Under the deal:

Largest ever apple crop forecast for 2017

New Zealand is set to grow its largest ever export apple crop of 21.5 million cartons worth a record $800 million, the industry’s leader announced today. Pipfruit New Zealand chief executive Alan Pollard said the success of New Zealand’s apple industry was breaking all records.

Wool market eases despite favourable currency shift

New Zealand Wool Services International Ltd’s CEO Mr John Dawson reports that the 5900 bales of South Island wool on offer saw a 75 percent clearance with most types easier in local terms.

New World Kaikoura re-opens

There’s some good news for the Kaikoura community this morning as the New World supermarket re-opened.

Vero ready to help customers affected by today’s earthquakes

If your property has been damaged by the quakes, here are a few things we recommend you do to stay safe and get things sorted: People first

Chamber congratulates Wellys winners

Wellington Chamber of Commerce congratulates Dane Coles as Wellingtonian of the Year, and all the category winners from last night’s ‘Wellys’ awards at Te Papa. "Dane is a great ambassador for our city," says Chamber Chief Executive John Milford.

Tomato and lettuce prices down almost 30 percent

Salads are cheaper as warmer weather arrives, with tomato and lettuce prices both down 29 percent in October, Statistics NZ said today. Seasonally lower fruit and vegetable prices saw overall food prices fall 0.8 percent in the month.

Kiwi retailers 'hit both ways' under Aussie GST move

With Australia moving to collect tax on low value goods from 1 July next year, Kiwi retailers are facing the likelihood of being hit both ways across the border on the sale of low value goods.

New tool to activate domestic tourism

A new and innovative online tool has been developed to help New Zealand’s tourism industry maximise the value it gets out of domestic tourism and encourage Kiwi travellers to visit more regions year round.

MPI introduces new mobile biosecurity x-ray machines

The Ministry for Primary Industries will introduce two new mobile biosecurity x-ray machines this summer to help keep fruit fly and other destructive pests out of New Zealand.

Vegetable industry joins GIA partnership

The vegetable industry has become the twelfth industry partner to join the Government Industry Agreement (GIA) biosecurity partnership, Primary Industries Minister Nathan Guy has announced today.

ComCom stance on NZME/Fairfax merger 'bound to be highly contentious'

Simpson Grierson says Commerce Commission's stance on NZME/Fairfax merger bound to be highly contentious

Fresh vegetable industry signs biosecurity agreement

Vegetables New Zealand Incorporated today signed an agreement with Government to better protect the fresh vegetable growers it represents in managing biosecurity procedures.

GoBuild mobile app speeds up process for booking inspections

A new application (or "app") for smartphones has recently gone live in Tararua. The new app, GoBuild, has been designed to simplify the process of booking a building inspector.

Utilities Disputes celebrates new name and past history

Utilities Disputes Ltd, formerly The Office of the Electricity and Gas Complaints Commissioner (EGCC) celebrated its 15th anniversary and new name at Parliament Wellington on the evening of 3 November.

Consumer NZ announces People's Choice awards for insurance

Consumer NZ has awarded Medical Assurance Society (MAS) and FMG Insurance (FMG) the 2016 People’s Choice awards for insurance.

Electronic filing for compliance reduction

BusinessNZ welcomes the work being done to enable businesses to move from paper to electronic filing of PAYE. The Government has announced will introduce legislation next year to require electronic filing in 2019.

Insurers settle $19 billion Canterbury claims

The Insurance Council of New Zealand announced today that private insurers have paid out nearly $19 billion to settle commercial and residential claims since the Canterbury earthquakes in 2010 and 2011, of which nearly $9 billion was for domestic claims.

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