Thursday, 23 October 2014

Business News

  • Auckland Airport's duty free told to drop the hard sell

    17:49 | 23/10/14
    Scoop
    Oct. 23 (BusinessDesk) - Auckland International Airport, the country’s main gateway, said it had talked to its two duty free retailers following what it called “over-zealous competition” at the airport. more»
  • MARKET CLOSE: NZX 50 climbs to new record, led by RBD

    17:35 | 23/10/14
    Scoop
    Oct. 23 (BusinessDesk) - New Zealand shares rose to a new record close, led by Restaurant Brands New Zealand after the country's biggest fast-food operator boosted its annual earnings guidance. Spark New Zealand pace gains as investors sought defensive stocks ... more»
  • WA Super Now Accept KiwiSaver Contributions

    17:31 | 23/10/14
    Scoop
    Australian superannuation fund WA Super is thrilled to announce they will accept eligible contributions transferred from KiwiSaver accounts effective as of October 23, 2014. more»
  • Commodore Hotel ‘goes it alone’

    17:24 | 23/10/14
    Scoop
    Christchurch’s Commodore Airport Hotel will begin trading independently from November 1, following the conclusion of an 18- year franchise association with Millennium Hotels. more»
  • 2014 annual meeting shareholder poll results

    17:23 | 23/10/14
    Scoop
    The annual meeting of shareholders of Auckland International Airport Limited was held today at the Vodafone Events Centre in Manukau, Auckland. All resolutions put to the meeting were passed by shareholders. Full details of the polls conducted are ... more»
  • RESEND: NZ dollar falls as benign inflation weighs on kiwi

    17:19 | 23/10/14
    Scoop
    Oct. 23 (BusinessDesk) - The New Zealand dollar fell after figures showed inflation in the third quarter was slower than the Reserve Bank had forecast, giving it less reason to resume raising interest rates after pausing its tightening cycle in July. more»
  • Fonterra starts consultation on two new SI milk driers

    17:18 | 23/10/14
    Scoop
    Oct. 23 (BusinessDesk) - Fonterra Co-operative Group, the world's biggest dairy exporter, has begun a consultation process prior to lodging consent applications to build two new high-efficiency milk powder driers at its Studholme site in South Canterbury. more»
  • Auckland should raise its Uniform General Charge

    17:15 | 23/10/14
    Scoop
    The big increases in property valuations reported today would have far less impact on rates increases and decreases if Auckland Council raised the Uniform Annual General Charge (UAGC), the Employers and Manufacturers Association says. more»
  • NZ dollar falls as benign inflation data weighs on kiwi

    17:05 | 23/10/14
    Scoop
    Oct. 23 (BusinessDesk) - The New Zealand dollar fell after figures showed inflation in the third quarter was slower than the Reserve Bank had forecast, giving it less reason to resume raising interest rates after pausing its tightening cycle in July. more»
  • Hyundai Genesis highest safety score in ANCAP history

    17:04 | 23/10/14
    Scoop
    Genesis, Hyundai New Zealand’s new flagship luxury sedan, has achieved the highest score in the 21-year history of ANCAP testing – 36.88 points out of a possible 37 and a maximum 5 star ANCAP safety rating. A 5 star safety rating is ANCAP’s ... more»
  • Magic Memories creates new experiences for guests & partners

    17:01 | 23/10/14
    Scoop
    Queenstown-based photographic solutions company, Magic Memories, is celebrating the success of two new guest experiences developed in partnership with international entertainment giant, Merlin Entertainments. more»
  • Automobile Association office sets new record for Wanganui

    16:49 | 23/10/14
    Scoop
    The sale of Wanganui’s newly-built Automobile Association office has set a new yield record for commercial property in the city.  more»
  • Colliers International Workplace Report 2014

    16:46 | 23/10/14
    Scoop
    Elbows in – the squeeze is on at work. The latest biennial workplace report on occupational trends in CBD office markets by Colliers International shows tenants are squeezing in more workers than in previous years as rents begin to rise in most ... more»
  • Minister of Defence Awards of Excellence to Industry

    16:20 | 23/10/14
    Scoop
    Wellington, Oct 23 – Daronmont Technologies Ltd was adjudged winner in Category A for the provision of excellent equipment to Defence at the NZ Defence Industry Association Forum held on October 21-22 at the Michael Fowler Centre in Wellington. ... more»
  • CarbonScape seeks $1.5M from crowd with 'green coke' offer

    16:12 | 23/10/14
    Scoop
    Oct. 23 (BusinessDesk) - CarbonScape, which makes "green" coking charcoal, wants to raise as much as $1.5 million from equity crowd funding to commercialise its product for the steel manufacturing market. more»
Global Indices
CodeLastChange
NZ505,293120.23%
COMP4,383370.83%
DJI16,4611530.92%
SP5001,927140.73%
DAX8,940530.60%
FTSE6,400270.43%
NI22515,182140.09%
TWI76.430.941.22%
Currencies
CodeLastChange
EURUSD1.2640.0010.06%
NZDUSD0.78560.00130.17%
AUDUSD0.87570.00080.09%
NZDAUD0.89690.00070.08%