Business

Despite being only a few weeks into the job, new mayor Phil Goff has a firm grasp on his council’s priorities. The 2016 Project Auckland report provides an update on the mayor’s agenda, considers  how Auckland Council must unlock revenue to fix Auckland’s big issues, why improving the city’s ferry network would help ease congestion on Auckland’s roads, a new …

2016 was a banner year for the Deloitte Top 200 – New Zealand’s most prestigious business awards. The 2016 Dynamic Business report provides insights into the Kiwi success stories honoured at the event, and also explains why investing in the future is important to New Zealand.

In 2016, the market was in good shape after years of hard work by those running, regulating and operating in it. The 2016 Capital Markets report provided insight into how the benefits of a more robust regulatory regime had become clearer, how angel investment was playing an important role in growing the economy, how new contracts had become a way …

How should we position ourselves to make the most of Chinese investment? The 2016 China Business Report addressed that question, and also considered Huawei’s renewed sponsorship of the Phoenix soccer club, how Air New Zealand was upbeat about the unparalleled growth of Chinese tourism, how lowered restrictions could open up a high-end market, and considers the rise of e-commerce opportunities …

The announcement came through overnight that trade officials from New Zealand, the United States, Japan, and 9 other Pacific rim nations have agreed after years of negotiations on the largest regional trade deal in history. NZ INC. has compiled the best tweets of the web on the Trans-Pacific Partnership deal, so that you don’t have to.   Beef + Lamb New Zealand …

The Serious Fraud Office has laid Crimes Act charges against Victor John Clarke, a former director of failed media company MediaWeb, in the Auckland District Court for alleged offending involving $2.2 million. The two false accounting charges including using a forged document and obtaining by deception in his role as overseeing the accounting and financial aspects of the failed business. …

Contact Energy, which generates about a quarter of New Zealand’s electricity, plans to sell as much as $125 million of six-year bonds in the final step of its refinancing programme. The Wellington-based company will offer $100 million of unsecured, unsubordinated, fixed-rate bonds to institutional investors and New Zealand retail investors, with the potential for a further $25 million in oversubscriptions, it said …

Contact Energy, which generates about a quarter of New Zealand’s electricity, plans to sell as much as $125 million of six-year bonds in the final step of its refinancing programme. The Wellington-based company will offer $100 million of unsecured, unsubordinated, fixed-rate bonds to institutional investors and New Zealand retail investors, with the potential for a further $25 million in oversubscriptions, it said …

Milk processor Tatua Co-operative Dairy Company is calling for a full and independent review of the way milk pricing is set following concerns that inefficient milk supply and capital investments could be made under the current model. In its submission to the Commerce Commission’s government-ordered review of the Dairy Industry Restructuring Act (DIRA), the Waikato-based cooperative said it would expect any …

Farm prices have been holding relatively steady in the latest Real Estate Institute of New Zealand rural data despite fears lower dairy prices would force down land values. There’s only been a small drop in the median sales price per hectare for dairy farms to $35,304 for the three months ended July 31, compared to $35,531 in the three months ended …