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New Zealand (NZ) stories - Page 83

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NZ house prices rise 3.6% in February, led by a 14% jump in Auckland prices
Thu, 12th Mar 2015
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wellington
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christchurch
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nz
New Zealand residential property prices rose in February, led by Auckland where an under-supply of housing is putting pressure on the market.
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IBM opens new Aussie cloud centre, eyes NZ customers
Thu, 12th Mar 2015
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public cloud
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microsoft
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cloud services
​IBM is going toe-to-toe with Microsoft, opening its second SoftLayer cloud centre in Australia, with Kiwi companies expected to be utilising it.
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Tepid inflation surprise raises spectre of lower interest rates
Thu, 12th Mar 2015
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nz
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rbnz
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property market
Any further downward surprises in New Zealand's already tepid pace of consumer inflation may warrant an interest rate cut, the Reserve Bank says.
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SBS Bank agrees to buy 50% of Staples Rodway Asset Management
Wed, 11th Mar 2015
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fintech
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nz
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finance, leasing & rental
SBS Bank, New Zealand's largest building society, has agreed to buy 50 percent of Staples Rodway Asset Management (SRAM) as part of a strategy to bui.
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Restaurant Brands says fourth-quarter sales rise 19%
Wed, 11th Mar 2015
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nz
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sales
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retailers
Restaurant Brands, New Zealand's largest fast-food store operator, increased fourth-quarter sales by 19 percent as it benefited from an extra week's t.
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NZ govt posts small surplus in 7 mths to January as tax take swells
Wed, 11th Mar 2015
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government
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nz
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fy
The New Zealand government posted a small operating surplus in the seven months through January as tax revenue beat expectations, while costs were sma.
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Trilogy sees FY profit more than trebling as Aust unit improves, Ecoya makes money
Wed, 11th Mar 2015
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fintech
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nz
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finance, leasing & rental
Trilogy International, the skincare products and scented candle maker, says annual profit will more than treble with improved earnings at its Australi.
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No traction yet in Chinese media from 1080 threat
Tue, 10th Mar 2015
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government
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nz
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social media
News of the threat to contaminate New Zealand infant formula with 1080 poison has barely registered so far in Chinese media, says expatriate Beijing.
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Trading partners learnt of 1080 threat last month
Tue, 10th Mar 2015
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nz
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fonterra
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government
International trading partners first learnt of threats to contaminate New Zealand-manufactured infant milk formula with 1080 poison in February, more.
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NZ listed company earnings underwhelm analysts in market priced for stronger growth
Tue, 10th Mar 2015
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nz
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new zealand dollar
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forsyth barr
New Zealand's listed companies beat earnings estimates on average in the latest results season, but still fell short of the bullish growth expectation.
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Law firm puts out feelers for class action against cladding manufacturers
Tue, 10th Mar 2015
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nz
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adina thorn lawyers
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carter holt harvey
Law firm Adina Thorn Lawyers is asking leaky building owners to join a proposed class suit against plaster cladding manufacturers, which it says could.
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Emulex invests in Kiwi tertiary students
Tue, 10th Mar 2015
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edutech
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nz
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emulex
​Emulex Corporation is continuing to invest in New Zealand’s education sector and develop its next generation of engineering talent.
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NZ central bank, in neutral, will weigh drought, higher TWI in revising forecasts
Mon, 9th Mar 2015
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nz
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economics
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rbnz
The Reserve Bank of New Zealand will probably keep interest rates unchanged this week, reiterating that monetary policy is in neutral, while revising.
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Chatham Rock seeks another $1.25M to pursue new seabed mining licence
Fri, 6th Mar 2015
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nzax
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nz
Chatham Rock aims to secure £1.25M for a fresh stab at offshore mining rights, amidst pay cuts and legislative battles.
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UPDATE: Transport and logistics provider Fliway offering IPO at $1.20 to $1.40 per share
Fri, 6th Mar 2015
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nz
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nzx
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capital
Fliway Group, the transport and logistics provider behind the first float on the NZX this year, is hoping to raise between $27.
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NZ wool market mixed amid targeted buying
Fri, 6th Mar 2015
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nz
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nzx
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demand
New Zealand crossbred wool, which accounts for the majority of the country's production, rose to a three-and-a-half month high this week on lower volu.
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NZ wholesale trade rises for third quarter in December
Fri, 6th Mar 2015
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nz
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sales
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financial results
New Zealand's wholesale trade grew for a third quarter in the final three months of 2014, with increased activity for apparel, pharmaceuticals and fur.
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NZ economy to grow close to 3% in 2015 as building offsets dairy decline: Moody's
Fri, 6th Mar 2015
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government
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nz
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banking
New Zealand's economy is expected to grow at an annual pace close to three percent this year as increased building activity in its two biggest cities,.
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Open Country posts record annual profit on surge in sales, sees 'strong' 2015
Thu, 5th Mar 2015
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nz
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sales
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open country
Open Country Dairy, the dairy manufacturer controlled by Talley's Group, reported a record profit for 2014 as revenue growth outpaced rising cost of.
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Bridges pushes NZ as 'most ready in the world' for electric cars
Thu, 5th Mar 2015
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datacentre infrastructure
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cartech
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power / energy
Transport and Energy Minister Simon Bridges has officials investigating ways to accelerate the uptake of electric vehicles, although is ruling out inc.