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Business

Finding 1000 Angels

Finding 1000 Angels

A campaign is underway to 'find one thousand angel' investors - the term given to wealthy people investing in early stage businesses.

Investors are known as 'angels' because they invest not just money but also advice, knowledge and experience to help start-up businesses to grow.

Mobile Phone Tool Lets Investors Keep Tabs On Portfolio

Mobile Phone Tool Lets Investors Keep Tabs On Portfolio

Investors can monitor and trade CFDs on the go with CMC Markets' Mobile Marketmaker®

Better Prices For Sheep And Beef Farmers This Season

Sheep and beef farm profits will be much better next season with improved in-market prices for lamb, beef and strong wool due to tightening supply and some depreciation in the New Zealand exchange rate, according to Meat & Wool New Zealand's New Season Outlook 2008-2009.

Junior Doctors Negotiations Frustrated By DHBs

Resident (junior) doctors are feeling frustrated after negotiations last week resulted in little change in the DHBs position. Junior doctors feel DHBs are "courting" strike action by consistently delaying negotiations and failing to change their position.

NZHT: TGA's 'Vengeful' Action Sees Record $50 Million Payout By Australian Government

The Therapeutic Goods Agency (TGA) which wants to take control of New Zealand's natural health products sector has been found guilty of destroying a multi-million dollar business illegally - seeing 400 jobs and $350 million of shareholders funds lost.

Lower Interest Rates Improving Home Loan Affordability

Lower Interest Rates Improving Home Loan Affordability

18 AUGUST 2008 - Falling interest rates improved housing affordability in July to its best level since February 2007, the Wizard Home Loans Affordability report shows.

Harcourts Launches New Credit Card

Harcourts Launches New Credit Card

18 August 2008 - Harcourts New Zealand has launched a unique new credit card issued by ASB that offers an industry-leading 120 days interest free credit from account opening*.

Workers Negotiate Historic Pay Deal At Westpac. 5% Increase And Sales Targets Out Of Pay

18 August 2008 - Union members in Westpac have voted in favour of an historic collective agreement settlement offer that includes a new competency based pay system that removes debt sales targets being linked to pay increases and a 5% wage increase.

Construction Salary Survey Released

Construction Salary Survey Released

18 August 2008 - Biggest increases in Government, civil/infrastructure, refurbishment and fit-out projects

Service Sector Activity Improves In July

18 August 2008 - Service sector activity has improved slightly from its worst result in June, according to the Bank of New Zealand - Business NZ Performance of Services Index (PSI).