Friday, 23 February 2018

Business News

  • IAG New Zealand welcomes EQC announcement

    16:09 | 23/2/18
    Scoop
    New Zealand’s largest insurer, IAG New Zealand, has today welcomed Minister Megan Woods’ announcement regarding the Earthquake Commission.  more»
  • Countdown supermarkets 1H earnings fall 7.7%

    15:44 | 23/2/18
    Scoop
    Feb. 23 (BusinessDesk) - ASX-listed retailer Woolworths Group ramped up investment in its Countdown chain of supermarkets across New Zealand, leading to a 7.7 percent decline in first-half earnings with a similar effect expected in the second half. more»
  • IAG New Zealand welcomes EQC announcement

    15:42 | 23/2/18
    Scoop
    New Zealand’s largest insurer, IAG New Zealand, has today welcomed Minister Megan Woods’ announcement regarding the Earthquake Commission.  more»
  • Russell McVeagh announces external review

    15:38 | 23/2/18
    Scoop
    Russell McVeagh's Board and Partners have reflected on the events of two years ago and the recent media coverage relating to those events. What happened in the summer of 2015/16 was completely unacceptable. The brave actions of the young women who ... more»
  • ICNZ statement on announcement of ministerial adviser in EQC

    15:31 | 23/2/18
    Scoop
    ICNZ welcomes the appointment of an independent ministerial advisor to EQC. We continue to be supportive of measures the government takes to speed up settlements of outstanding claims arising from the Canterbury quakes. more»
  • Regional growth fund trickle becomes avalanche

    15:27 | 23/2/18
    Scoop
    By Pattrick Smellie Feb. 23 (BusinessDesk) - The government has made an initial $61.7 million down-payment on its promise to spend $1 billion a year for the next three years on regional economic growth initiatives, with Cabinet papers signalling it ... more»
  • export growth in 1H suggests economy in not too bad a shape

    15:25 | 23/2/18
    Scoop
    Feb. 23 (BusinessDesk) - Port of Tauranga chief executive Mark Cairns says the 9.4 percent growth in export volumes from New Zealand's biggest port suggests the economy "is in not too bad a shape" as log and dairy shipments rise alongside an increase ... more»
  • Rabobank Beef Quarterly

    14:57 | 23/2/18
    Scoop
    A number of trade agreements, such as the Trans-Pacific Partnership (TPP) and a proposed Mercosur/EU trade agreement, look set to start having an impact on global beef trade in 2018. At the same time, applications of blockchain technology are now ... more»
  • Suncorp New Zealand welcomes Government announcement

    14:54 | 23/2/18
    Scoop
    Suncorp New Zealand today welcomed the announcement by the Government to appoint an independent Ministerial advisor to help speed up the remaining Canterbury earthquake claims. more»
  • NZ quarterly retail sales rise 1.7% in 4th-qtr

    14:45 | 23/2/18
    Scoop
    Feb. 23 (BusinessDesk) - New Zealand retail sales rose in the fourth quarter, as Kiwis spent more on dining and drinking out, cars and parts, and on groceries.  more»
  • Kiwibank first-half profit sinks 32% as IT costs mount

    14:34 | 23/2/18
    Scoop
    Feb. 23 (BusinessDesk) - Kiwi Group Holdings, the parent of Kiwibank, Kiwi Wealth and Kiwi Insurance, posted a 32 percent slide in first-half profit as the country's fifth-biggest lender bore escalating costs of a dud IT project that's already been ... more»
  • Record numbers of old lifejackets replaced over summer

    14:22 | 23/2/18
    Scoop
    Thousands of unsafe lifejackets have been replaced by brand new lifejackets this summer thanks to a Coastguard water safety campaign, with more boaties than ever trading in their old or damaged lifejackets. more»
  • Provincial growth fund

    14:20 | 23/2/18
    Scoop
    Source: BusinessNZ -- The launch of the Provincial Growth Fund has the potential to boost the performance of the regions as economic opportunities are generated through investment, BusinessNZ chief executive Kirk Hope says. more»
  • Tower welcomes EQC action

    14:11 | 23/2/18
    Scoop
    Tower welcomes today’s announcement by Minister Megan Woods that the government intends to provide extra assistance to speed up EQC claims.  more»
  • SLI Systems shares soar 80% after maiden profit

    14:07 | 23/2/18
    Scoop
    Feb. 23 (BusinessDesk) - SLI Systems stock soared 80 percent to its highest level in more than six months after the e-commerce software seller posted a maiden first-half profit as it changes strategy to a more self-service model, retained more customers, ... more»
Global Indices
CodeLastChange
NZ508,2421732.06%
COMP7,21080.11%
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FTSE7,48850.07%
NI22522,4204081.86%
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Currencies
CodeLastChange
EURUSD1.2310.0020.19%
NZDUSD0.73100.00260.35%
AUDUSD0.78340.00070.09%
NZDAUD0.93270.00310.33%