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Business

Business Concern Over Tax Credit Changes

While there's much to commend in National's research, science & technology policy, including more funding for basic research, business will hold some concern about plans to cut back the recently introduced R&D tax credit, says Business NZ.

Support For Locked - Out Bus Drivers

The Auckland Bus Drivers Council has called an urgent meeting to look at ways of supporting bus drivers locked out by Infratil (NZ Bus).

The Council consists of union delegates from all the major bus operators and says bus drivers are shocked and dismayed at the actions of Infratil.

Federated Farmers Asks If Consultation On NAIT Was A Farce?

Federated Farmers Asks If Consultation On NAIT Was A Farce?

25 September 2008 - Federated Farmers President, Don Nicolson, today asked if 'thorough' consultation on the proposed National Animal Identification and Tracing project (NAIT) was a farce.

ISS Facility Services Acquire Chubb New Zealand's Manned Guarding And Mobile Patrols Division

ISS Facility Services Acquire Chubb New Zealand's Manned Guarding And Mobile Patrols Division

25 September 2008 - ISS Facility Services today announced it has signed an agreement to purchase Chubb New Zealand's guarding and mobile patrols business. The transaction is subject to clearance being obtained from by the New Zealand Commerce Commission.

Strong Dollar Pushes Local Wool Prices Down

Strong Dollar Pushes Local Wool Prices Down

25 SEPTEMBER 2008 - New Zealand Wool Services International Ltd reports that prices at today's wool sales declined for most types.

PFI Announces Third Development Project And Leasing Successes

PFI Announces Third Development Project And Leasing Successes

25 September 2008 - Listed industrial property investor Property For Industry (PFI) has announced its third design-build development of the 2008 year, a $3.05 million project which completes stage one of Peninsula Business Park in Avondale and brings the company's projects currently underway to a

ANZ Commitment To NZ Again In Question

ANZ Commitment To NZ Again In Question

"ANZ's commitment to the New Zealand public and its workforce is in question again today following further restructuring at a bank which made a $1.1 billion profit off New Zealanders last year," Council of Trade Unions president Helen Kelly said today.

Scientist Elected As PSA President

Scientist Elected As PSA President

Christchurch-based scientist Paula Scholes has been elected president of the Public Service Association.

American Investment Earns Fonterra Supreme Award

American Investment Earns Fonterra Supreme Award
Auckland, 25 September 2008 Investment trumped import and export successes to win the Supreme Award at the AmCham-UPS Success & Innovation Awards last night at Auckland’s Hyatt Hotel, as New Zealand’s largest company, Fonterra, were named Investor of the Year and the Supreme Winner.

Kiwibank Raises Capital

Kiwibank Raises Capital

24 September 2008 - Kiwibank has successfully raised $60 million this week through an unsecured subordinated bond issue.

Kiwibank intends using the bond proceeds to augment its capital base and support further expansion and growth.