TelcoNews New Zealand - Telecommunications news for ICT decision-makers

New Zealand (NZ) stories - Page 189

Inflation

Tepid inflation surprise raises spectre of lower interest rates

Thu, 12th Mar 2015
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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.
Road nz

SBS Bank agrees to buy 50% of Staples Rodway Asset Management

Wed, 11th Mar 2015
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fintech
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finance, leasing & rental
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island
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.
Sales rise

Restaurant Brands says fourth-quarter sales rise 19%

Wed, 11th Mar 2015
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sales
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retail
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.
Arrow up

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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fy
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expenses
The New Zealand government posted a small operating surplus in the seven months through January as tax revenue beat expectations, while costs were sma.
Growth profit

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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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.
Caution

No traction yet in Chinese media from 1080 threat

Tue, 10th Mar 2015
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supply chain
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government
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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.
Letter

Trading partners learnt of 1080 threat last month

Tue, 10th Mar 2015
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government
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fonterra
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federated farmers
International trading partners first learnt of threats to contaminate New Zealand-manufactured infant milk formula with 1080 poison in February, more.
Down

NZ listed company earnings underwhelm analysts in market priced for stronger growth

Tue, 10th Mar 2015
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healthtech
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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.
Plaster

Law firm puts out feelers for class action against cladding manufacturers

Tue, 10th Mar 2015
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adina thorn lawyers
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carter holt harvey
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legislation
Law firm Adina Thorn Lawyers is asking leaky building owners to join a proposed class suit against plaster cladding manufacturers, which it says could.
Graduates

Emulex invests in Kiwi tertiary students

Tue, 10th Mar 2015
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edutech
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emulex
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callaghan innovation
​Emulex Corporation is continuing to invest in New Zealand's education sector and develop its next generation of engineering talent.
Piggy bank

NZ central bank, in neutral, will weigh drought, higher TWI in revising forecasts

Mon, 9th Mar 2015
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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.
Money raised

Chatham Rock seeks another $1.25M to pursue new seabed mining licence

Fri, 6th Mar 2015
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nzax
Chatham Rock aims to secure £1.25M for a fresh stab at offshore mining rights, amidst pay cuts and legislative battles.
Fallback

UPDATE: Transport and logistics provider Fliway offering IPO at $1.20 to $1.40 per share

Fri, 6th Mar 2015
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capital
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nzx
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ipo
Fliway Group, the transport and logistics provider behind the first float on the NZX this year, is hoping to raise between $27.
Fallback

NZ wool market mixed amid targeted buying

Fri, 6th Mar 2015
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nzx
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demand
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island
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.
Sales figures

NZ wholesale trade rises for third quarter in December

Fri, 6th Mar 2015
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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.
Economy

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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banking
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moody's
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,.
Profit1

Open Country posts record annual profit on surge in sales, sees 'strong' 2015

Thu, 5th Mar 2015
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sales
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revenue
Open Country Dairy, the dairy manufacturer controlled by Talley's Group, reported a record profit for 2014 as revenue growth outpaced rising cost of.
Electric car

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.
India council

Don't wait for FTA before acting on India, says India-NZ business council chair

Thu, 5th Mar 2015
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cricket world cup
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india-new zealand business council
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investment
New Zealand companies looking to do business in India should move beyond a mutual love of cricket and not wait for a free-trade agreement before seeki.
Loss business

Rex Bionics widens full-year loss as commercialisation costs rise

Wed, 4th Mar 2015
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rex bionics
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r&d
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government funding
Rex Bionics Plc, the New Zealand company listed on the London Stock Exchange's AIM market, said higher costs to commercialise its robotic exoskeletons.