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Business

Packaging House Acquires Expresspak

Packaging House Acquires Expresspak

There has been no loss of value in the packaging sector during the economic downturn, as evidenced by the recent acquisition of Expresspak, a specialist provider of customised food-service packaging supplies, by Wesfarmers Industrial and Safety NZ.

Shell and Mobil Hit Hard by Recession: It's a Matter of Perspective

Shell and Mobil Hit Hard by Recession: It's a Matter of Perspective

In our credit driven lives we need money, so we need the banks. In our demand for transportation and consumer goods we need oil, so we need the oil companies.

Kiwi Tradesmen Line Up To Work In Paris

Kiwi Tradesmen Line Up To Work In Paris

31 July 2009 - Since listing a job on Builderscrack.co.nz seeking Kiwi tradesmen to renovate her 3 storey house near Paris, NZ expat Pauline Hampshire has been overwhelmed by the amount of interest she has had.

RBNZ OCR Review: Wouldn't It Be Nice

RBNZ OCR Review: Wouldn't It Be Nice

The RBNZ struck a surprisingly dovish chord in today's OCR review, reiterating that the OCR could still move lower in coming quarters and that it would remain at or below current levels until the latter part of 2010.

Reserve Bank Waits Until September

Reserve Bank Waits Until September

The Reserve Bank has left the Official Cash Rate unchanged at 2.5 percent this morning. The New Zealand Manufacturers and Exporters Association (NZMEA) say that this move has effectively delayed further action on our economic recovery for a further six weeks.

Sustainability Report A Useful Step Towards Accurate Reporting

Sustainability Report A Useful Step Towards Accurate Reporting

Business NZ has welcomed steps towards accurate reporting on sustainability.

Statistics NZ today published Measuring NZ's progress using a sustainable development approach, a stocktake of New Zealand's natural and human resources.

SBS Bank Re-Launches Makos Investment Special

SBS Bank Re-Launches Makos Investment Special

The team at SBS Bank is ready to cheer on the Tasman Makos as they launch their Air New Zealand Cup campaign against Taranaki at Lansdowne Park, in Blenheim, tonight (NB:Thursday 30 July).

General Manager Skycity Hamilton Joins Opportunity Hamilton Board

General Manager Skycity Hamilton Joins Opportunity Hamilton Board

Arthur Pitcher, General Manager of SkyCity Hamilton, has joined the Opportunity Hamilton Board. Opportunity Hamilton is the city's new economic development agency.

Reserve Bank Right As Retail Flat-Lining Not Free Falling

Reserve Bank Right As Retail Flat-Lining Not Free Falling

"At worse retail is flat-lining. We're certainly not freefalling.

RBNZ Rightly Sticks To An Easing Bias, Not Swayed By RBA Neutral Bias

RBNZ Rightly Sticks To An Easing Bias, Not Swayed By RBA Neutral Bias

o Dr Bollard left the cash rate at 2.5% as widely expected, but in a surprise to many, shrugged off the relative hawkishness of the RBA permeating the market in the last 48 hours.