Recent Posts

Kiwis staying home and heading home – Immigration Up

New Zealand’s annual migration rose to a record for the fourth consecutive month in November, led by fewer kiwis crossing the Tasman, more returning from Australia, and a sharply rising number of student arrivals from India.  The country gained a net 49,836 migrants in the year ended Nov. 30, the biggest ever annual gain, according to Statistics New Zealand. Annual …

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MARKET CLOSE: NZ shares rise led by NZOG; Kathmandu slides to 2-year low

New Zealand shares rose, led by New Zealand Oil and Gas after it bought a cornerstone stake in ASX-listed Cue Energy. Fletcher Building and Sky Network Television advanced as dual-listed stocks followed the Australian bourse higher. Kathmandu Holdings tumbled after it flagged poor sales across the Tasman, its largest market. The NZX 50 Index gained 13.989 points, or 0.3 percent, to 5541.739. Within …

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Supreme Court denies Terranova leave to appeal in landmark pay equity case

The Supreme Court has denied aged care provider Terranova Homes and Care, at the centre of a landmark court case paving the way for gender pay equity, leave to appeal the ruling. In October the Court of Appeal dismissed an appeal by Terranova Homes against an earlier Employment Court ruling backing Lower Hutt rest home worker Kristine Bartlett’s claim that …

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