Recent Posts

NZ screen industry revenue fell in 2013 after drop-off in movie making

The New Zealand screen industry’s revenue dropped 4 percent in 2013, from a record high in 2012, as decline in production of feature films more than offset gains from local television and movie theatres. Total revenue for the sector was $3.15 billion in 2013, down from $3.29 billion a year earlier, according to Statistics New Zealand. The screen industry includes …

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Jilted Abano suitors turn guns on chair, NZX, and Grant Samuel

A rebel shareholder group that attempted an unsuccessful takeover bid for Abano Healthcare has launched a campaign to unseat its chairman, Trevor Janes, in a coordinated attack that also questions decisions by NZX Regulation and a valuation by investment house Grant Samuel. Healthcare Industry and Steamboat Capital, which jointly hold some 19 percent of Abano shares, have also launched a …

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NZ manufacturing grows for 19th month, employment surges to 7-year high

New Zealand’s “buoyant” manufacturing sector expanded for the 19th consecutive month in March as domestic demand for goods and fast-growing Asian economies fuelled economic momentum through the first quarter of 2014. The employment index reached a seven-year high. The BNZ-BusinessNZ seasonally adjusted performance of manufacturing index increased to 58.4 in March, from an upwardly revised 56.5 in February, and 53 …

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