Financial News from Fuseworks

  • Executive appointments at Southern DHB Fuseworks - Tue, Jan 19, 2016 3:07 PM NZDT

    Southern DHB has appointed to the three key executive positions of Chief Medical Officer, Chief Financial Officer and Director of Communications. "I am delighted to announce the appointment of Dr Nigel Millar, to the position of Chief Medical Officer, Clive Smith, to the position of Chief Financial Officer and Dr Nicola Mutch to the position of Director of Communications," said Southern DHB Chief Executive, Carole Heatly. Chief Medical Officer Nigel Millar comes to Southern DHB from Canterbury DHB, where for over ten years he has been Chief Medical Officer and a physician.

  • Hays: Where will the jobs be in 2016? Fuseworks - Tue, Jan 19, 2016 2:49 PM NZDT

    Financial Accountants, Registered Valuers and Business Development Managers are just three professions that recruiting expert Hays says will be in high demand in New Zealand throughout 2016. According to the latest Hays Quarterly Report, out today, professionals in marketing, IT, architecture, construction and HR are also high on the list of skills employers will look for this year. "The January to March quarter is traditionally a peak recruitment season for many industries and we will see vacancy activity increase, with the majority of employers reviewing their headcount and planning their New Year recruitment schedule," says Jason Walker, Managing Director of Hays in New Zealand.

  • 'Book Tokens are good, no matter what' Fuseworks - Tue, Jan 19, 2016 1:08 PM NZDT

    In the face of concerns over some retail gift vouchers and cards not being honoured, Book Tokens Ltd have reiterated their advice that all their outstanding paper tokens and gift cards are financially guaranteed. Book Tokens NZ is a standalone business. While it is administered by Booksellers NZ, it has always got enough money in reserve to make good on every valid Book Token or Booksellers gift card in the marketplace.

  • Major recruitment drive for nannies Fuseworks - Tue, Jan 19, 2016 12:21 PM NZDT

    More demand for nannies has New Zealand’s largest in-home childcare provider PORSE launching a major recruitment drive for 100 new internships. PORSE Education and Training General Manager Erin Maloney says the company will expand its popular 20-week nanny internship training programme to meet a nationwide demand from parents. The company is recruiting now for 2016, with internships offered in Auckland, Hamilton, Wellington, Christchurch, Taranaki, Manawatu, Hawke’s Bay and Tauranga.

  • Chch Airport appoints Trade Development Manager - NZ Fuseworks - Tue, Jan 19, 2016 12:06 PM NZDT

    New Zealand. Gareth will lead the airport’s focus on passenger growth in domestic and outbound international travel through the airport. Gareth is currently Sales & Marketing Manager for The Walshe Group, an airline GSA, overseeing the sales, marketing and local strategy for a broad portfolio of airlines including China Airlines, Delta, Etihad and South African Airways.

  • Guest nights rise in November Fuseworks - Tue, Jan 19, 2016 10:45 AM NZDT

    National guest nights for November 2015 were 4.6 percent higher than in November 2014, Statistics New Zealand said today. "Guest nights continued to rise this month, with the South Island leading the way when compared with November 2014," business indicators manager Clara Eatherley said. North Island guest nights were up 2.9 percent, and South Island guest nights were up 7.0 percent.

  • NZers get digital Fuseworks - Tue, Jan 19, 2016 10:35 AM NZDT

    Latest research from global performance management company, Nielsen, has found that 3.1 million New Zealanders spend the equivalent of two workings days online each week. Nielsen’s New Zealand Connected Consumer Report revealed 70% of online New Zealanders own a mobile device. More than two thirds (64%) own a smartphone and 33% own a tablet device.

  • BP reduces national prices Fuseworks - Tue, Jan 19, 2016 10:33 AM NZDT

    BP decreased prices across its national company-owned network today, removing 3 cents per litre from petrol and 2 cents per litre from diesel. This latest change brings unleaded 91 to 179.9 cents per litre ...

  • QSBO-Business confidence rebound suggests strong finish to 2015 Fuseworks - Tue, Jan 19, 2016 10:00 AM NZDT

    The latest NZIER Quarterly Survey of Business Opinion shows business confidence rebounded in the final quarter of 2015. Following the sharp drop in confidence in the previous quarter which saw pessimists ...

  • Mighty River Power to buy solar company Fuseworks - Tue, Jan 19, 2016 9:29 AM NZDT

     Mighty River Power Chief Executive Fraser Whineray said while solar is a niche renewable energy technology, it is becoming an increasingly popular choice for New Zealand home owners and businesses. New Zealand already has a world leading position with 80% renewable electricity generation, supported by Mighty River Power’s 100% renewable hydro and geothermal generation. Solar, which accounts for less than 1% of generation in New Zealand, is complementary to the country’s hydro, geothermal and wind resources, he said.

  • Demand for talent at six-year high - Hudson Report Fuseworks - Tue, Jan 19, 2016 9:27 AM NZDT

    New Zealand employers’ intent to hire has reached a six-year high according to the latest Hudson Report: Forward Focus 2016 released today[1], with 92.5% planning to increase or maintain headcount in the first half of the year. Survey results also indicate that 63% of the New Zealand workforce will be open to new opportunities in 2016, creating an increasingly fluid job market. The Hudson Report, which monitors employer hiring intentions across New Zealand, has been expanded to include data on job seekers and their career plans, providing a complete picture of the 2016 New Zealand talent market.

  • Free health and safety assistance for Kiwi volunteers Fuseworks - Tue, Jan 19, 2016 8:52 AM NZDT

    Volunteer organisations may be bound by the new Health & Safety Act when it comes into force in April - just like businesses - but one company is offering to help reduce the resulting burden. Safety Brokers New Zealand Limited has donated over $100,000 worth of Health & Safety guidance documents to volunteer groups that show them how to implement the correct systems and put in place appropriate policies so they, given the current interpretation, comply with the new law. Safety Brokers provides a health and safety system development service.

  • invests $10.5m for double decker fleet Fuseworks - Tue, Jan 19, 2016 6:00 AM NZDT

    A $10.5 million investment from will see 15 new buses, including 13 double-decker vehicles that will provide a unique mode for travelling around North Island roads. operates as part of the InMotion Group and runs approximately 700 long-distance and 1,500 short-haul bus journeys through the North Island per year. CEO Sheryll Otway said it was important that the company use a local manufacturer for the builds, and is thrilled to have partnered with Tauranga-based Kiwi Bus Builders for the fleet upgrade.

  • Flight Centre NZ appoints managing director Fuseworks - Mon, Jan 18, 2016 5:17 PM NZDT

    Flight Centre (NZ) Ltd today announced the return of David Coombes as the company’s new managing director. Mr Coombes, who has been with the company for 15 years, previously spent almost three years in New Zealand between 2011 and 2013 as general manager product. ‘Coombsie’, as he is affectionately known, started his career with Flight Centre Travel Group more than 15 years ago as a travel consultant in Brisbane, Australia.

  • CRN success in large scale reuse approach Fuseworks - Mon, Jan 18, 2016 3:00 PM NZDT

    One person’s junk is another person’s treasure has been put into practice with a new approach to inorganic collection in Auckland. The Community Recycling Network (CRN) is contracted by Auckland Council to distribute goods collected in the citywide inorganic collection by Waste Management. CRN works with organisations that can use the second hand goods, resulting in less waste going landfill, creating jobs and generating revenue for community benefit.

  • Call for submissions on GM corn line application Fuseworks - Mon, Jan 18, 2016 2:25 PM NZDT

    Food Standards Australia New Zealand (FSANZ) today called for submissions on its assessment of a corn line that is genetically modified to be tolerant to a herbicide and protected against certain pests. FSANZ Chief Executive Officer Steve McCutcheon said the corn had been modified to be tolerant to glufosinate ammonium and to be protected from pests such as the western corn rootworm. "FSANZ conducted a thorough safety assessment on the application, which included comparing the GM corn with a non-GM corn from a molecular, toxicological and nutritional point of view," Mr McCutcheon said.

  • Wesfarmers to acquire UK retailer Homebase Fuseworks - Mon, Jan 18, 2016 12:08 PM NZDT

    Wesfarmers Limited (ASX:WES.AX - News) has entered into an agreement to acquire Homebase from Home Retail Group (LSE:HOME.L - News) for £340 million (A$705 million). This follows the announcement on 14 January 2016 confirming that a conditional offer had been made to acquire Homebase. Homebase is the second largest home improvement and garden retailer in the United Kingdom (UK) and Ireland.

  • Co-op Money NZ chooses Oracle's FlexCube Fuseworks - Mon, Jan 18, 2016 11:35 AM NZDT

    Co-op Money NZ, the industry voice representing co-operatively owned credit unions and mutual building societies in New Zealand, has chosen Oracle FLEXCUBE as its core banking system. The selection of Oracle FLEXCUBE will deliver product flexibility, extensibility and interoperability to its Members, and will provide them with improved accessibility and user friendliness across the branches. The Oracle FLEXCUBE solution will replace our existing, legacy core banking system, and will become the one-stop solution for all information across Members that will use the system," said Henry Lynch, CEO of Co-op Money NZ.

  • Bell Gully's competition team ranked among world's best Fuseworks - Mon, Jan 18, 2016 11:04 AM NZDT

    Bell Gully’s competition team has been ranked among the best worldwide for the 11th consecutive year by leading competition law publication The Global Competition Review. The GCR 100 survey of the world’s leading competition law practices named Bell Gully as having an ‘elite’ competition practice, the guide’s highest ranking in New Zealand. The GCR 100 said the team is "ranked yearly as one of New Zealand’s strongest competition practices" and fields "an experienced team".

  • Volkswagen reaffirms partnership with NZOC Fuseworks - Mon, Jan 18, 2016 10:51 AM NZDT

    With today marking 200 days until the start of the Rio 2016 Olympic Games, Volkswagen New Zealand reaffirms its long-standing partnership with the New Zealand Olympic Committee. Volkswagen General Manager Tom Ruddenklau says his team is passionate about supporting Kiwi athletes to compete on the world stage. "We partnered with the New Zealand Olympic Committee prior to the Olympic Games in 2012 and we’ve continued to back our Olympic athletes in their pursuit of success at Rio.

  • Certified Builders introduces mandatory building guarantees Fuseworks - Mon, Jan 18, 2016 10:30 AM NZDT

    Certified Builders Association of New Zealand has gone one step further than recent law changes that enhanced consumer protections for building work, by introducing mandatory building guarantees. This move comes in advance of a decision by the Government about whether regulations on mandatory building guarantees are needed. Certified Builders Chief Executive, Grant Florence, says, "Certified Builders isn’t waiting for the outcome of the Government’s review of this issue as part of the wider liability framework, because we believe mandatory building guarantees are in the best interests of both consumers and our members.

  • Workers' confidence improves but earnings remain a key Fuseworks - Mon, Jan 18, 2016 10:00 AM NZDT

    The slide in employment confidence was arrested in the December quarter, as the Westpac McDermott Miller Employment Confidence Index rose 2.2 points to 101.5. "Workers are more upbeat about their employment conditions than three months ago," said Westpac Senior Economist, Anne Boniface. "The improvement in the Employment Confidence Index was led by a lift in the Employment Expectations Index as workers became a little more positive about their own job security and the potential for future earnings growth," said Ms Boniface.

  • Budding entrepreneurs to learn with Chinese contemporaries Fuseworks - Mon, Jan 18, 2016 9:59 AM NZDT

    Six scholarship students from Shantou University in China are in Auckland this month to participate in the Centre for Innovation and Entrepreneurship’s first Summer Lab. The Centre is hosting the visiting Chinese students to encourage cross-cultural relations between entrepreneurs from China and New Zealand. The students were officially welcomed to the University of Auckland’s Business School with a mihi whakatau today, along with 10 New Zealand-based students taking part in Summer Lab.

  • Harcourts refreshes its 127-year-old brand Fuseworks - Mon, Jan 18, 2016 8:45 AM NZDT

    Harcourts, New Zealand’s largest and most trusted real estate company, has today launched its refreshed brand to the market. It is the makeover for Harcourts, which was founded in Wellington in 1888, in several years and the new look is designed to make the brand more user-friendly and up-to-date for the mobile, digital era. NZ CEO Chris Kennedy says the new look is designed to reflect Harcourts’ place in the modern New Zealand real estate landscape.

  • Mohair industry experts make their way to NZ shores Fuseworks - Mon, Jan 18, 2016 7:50 AM NZDT

    Some of the world’s leading experts in Angora goats and mohair are arriving in New Zealand to share their knowledge and expertise with the country’s Angora goat farmers. The Mohair New Zealand (Inc) and Federated Farmers Goats conference, being held in Pukekohe, near Auckland, is set to educate and inspire our Angora goat farmers over three days this month. A highlight of the event will be the presence of G T Ferreira, a world renowned mohair producer who made his mark as a top Angora goat farmer in South Africa, (regarded as the world’s best producer of high-quality mohair).

  • Job market swings to favour employers Fuseworks - Sat, Jan 16, 2016 8:53 AM NZDT

    While the number of jobs advertised grew in the final quarter of 2015, there was an explosion in the number of job applications according to the latest data from Trade Me Jobs. Head of Trade Me Jobs Peter Osborne said analysis of more than 58,000 listings in the three months to December showed that growth in job listings was definitely slowing with only a modest 2.2 per cent growth in the last quarter. Mr Osborne said that job advertising had slowed overall compared to the "giddy heights" of early last year and the year prior, and with high demand for new roles "the ball is now firmly in the employers’ court".

  • Aotearoa Fisheries keen for collaborative approach Fuseworks - Fri, Jan 15, 2016 5:26 PM NZDT

    New Zealand’s largest Māori-owned fishing group, Aotearoa Fisheries, applauds the government’s focus on sustainably managing and protecting our oceans, but is concerned that recreational fishing parks and marine and seabed reserves and sanctuaries will adversely affect Māori fishing rights. Aotearoa Fisheries Chief Executive Carl Carrington says it is very clear that the proposition to exclude all commercial and non-commercial customary fishing from parks, reserves and sanctuaries is making Iwi anxious. "Māori have fought hard to have their fishing rights recognised under the Treaty and, for iwi to have confidence in Treaty Settlements, the Government will need to carefully consider these rights," he said.

  • New Chief Executive for WorldSkills NZ Fuseworks - Fri, Jan 15, 2016 2:39 PM NZDT

    Raising the profile of trades and vocational skills through high performance is high on the agenda for Malcolm Harris, who has been appointed as the new chief executive of WorldSkills New Zealand. WorldSkills New Zealand is an independent, non-profit charitable trust founded in 1986.

  • New report on NZ's house prices 'highlights current crisis' Fuseworks - Fri, Jan 15, 2016 2:14 PM NZDT

    Ratings agency Fitch has released its Global housing and mortgage outlook 2016 which puts New Zealand as the most expensive housing market in the world on a price to income basis. Property Council chief executive Connal Townsend says the 14% year-on-year growth in 2015 is a damning indictment of the country’s housing market when compared to other countries.

  • New appointments to three CRI boards Fuseworks - Fri, Jan 15, 2016 1:59 PM NZDT

    Science and Innovation Minister Steven Joyce today announced the appointment of three new members to the boards of the Institute of Environmental Science and Research (ESR), the Institute of Geological and Nuclear Sciences (GNS), and the New Zealand Forest Research Institute (Scion). Richard Gill has been appointed to the ESR Board. Auckland based, he is the founder, director and Chief Executive of CLOUD M Ltd, a cloud technology company providing applications in emergency and civil defence management, and health and safety for high-risk industries.

  • Aviation security workers demand a fair deal - union Fuseworks - Fri, Jan 15, 2016 11:42 AM NZDT

    Aviation security workers will not accept cuts to their allowances and may have to take industrial action to make the boss see sense. "Our members called off industrial action back in December because it would have caused huge disruption for travellers," says Kelvin Ellis, E tū director of organising for aviation workers. "But the Aviation Security Service has refused to budge.

  • Rebound in confidence bodes well for prosperous 2016 Fuseworks - Fri, Jan 15, 2016 11:23 AM NZDT

    Small firms expect to do more business, lift investment and hire more staff in 2016 as confidence rebounds strongly into the New Year, according to ANZ’s quarterly Business Micro Scope survey of small businesses. Business confidence across New Zealand’s small firms rose to +14% in December, reversing a dip to -23% in the previous quarter. Fred Ohlsson, ANZ’s Managing Director Retail & Business Banking, said: "Small firms finished last year strongly and are telling us they see a prosperous year ahead in 2016.

  • Juggling balls seized at border Fuseworks - Fri, Jan 15, 2016 10:52 AM NZDT

    An Argentinian traveller will have to re-think her juggling act after the Ministry for Primary Industries found her juggling balls to be infested with weevils. The balls were intercepted last week during a search of the air passenger’s baggage at Auckland Airport. "We take a special interest in juggling equipment, as the balls are often filled with seeds - something that many travellers are unaware of," says Dave Sims, MPI Team Manager, Auckland Airport.

  • Largest annual fall in food prices since 2012 Fuseworks - Fri, Jan 15, 2016 10:45 AM NZDT

    In the year to December 2015 food prices decreased 1.3 percent, influenced by lower prices for grocery foods, Statistics New Zealand said today. This is the largest annual fall since July 2012. Grocery ...

  • Pan Pac earmarks $23m for investment in Otago sawmill Fuseworks - Fri, Jan 15, 2016 10:00 AM NZDT

    Pan Pac Forest Products (Otago) Limited is planning a significant investment and expansion of its sawmilling and drying facilities in Otago. General Manager Michael Reaburn says the plan involves consolidating operations and roles at the Milburn site which will be substantially redeveloped. Mr Reaburn says the two plants currently produce 50,000 cubic metres of radiata pine lumber from Otago and Southland a year.