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3 News First To Put Tauranga On The Weather Map

3 News First To Put Tauranga On The Weather Map

30 January 2009 - 3 NEWS is delighted to acknowledge Tauranga's significant growth by making the area a permanent fixture on the 3 NEWS weather map.

Fairfax Appoints New Editor For Sunday Magazine

Fairfax Appoints New Editor For Sunday Magazine

30 January 2009 - Fairfax Magazines has appointed Debbie Harrison as the new editor of Sunday magazine.

Harrison, who has been the deputy editor on NZ House & Garden for the past two years, started at Fairfax Magazines in 2004 to launch the weekly publication, Auckland Max.

NZ Needs To Be Ready For Recovery

NZ Needs To Be Ready For Recovery

30 January 2009 - New Zealand will be better prepared for economic recovery if households, firms and banks do not "pull down the shutters", Reserve Bank Governor Alan Bollard said today.

Westpac NZ Announces Business Overdraft And Base Interest Rate Relief

Westpac NZ Announces Business Overdraft And Base Interest Rate Relief

30 January 2009 - Westpac New Zealand has announced a 1% cut to its business overdraft and base business lending rates, in a move that will provide some relief to businesses as well as the rural sector.

Telecom Wholesale Rolling Out Super-Fast Broadband Technology

Telecom Wholesale Rolling Out Super-Fast Broadband Technology

30 January 2009 - In its latest move to offer New Zealanders world class broadband services, Telecom Wholesale is installing the newest and most advanced standard of super-fast broadband - known as VDSL2 ('Very High-Speed Digital Subscriber Line 2').

Stern Warning From Transport Expert

29 January 2009 - Transport operators need to take a close look at their pricing strategies if they are to survive in the current market, according to leading transport and business turnaround specialist Trevor Thornton.

Stockton Long-Term Investments Confirmed, Production Cut In Response To Steel Downturn

Stockton Long-Term Investments Confirmed, Production Cut In Response To Steel Downturn

29 January 2009 - Solid Energy has today confirmed it will invest $100 million in a new coal processing plant at Stockton Opencast Mine in the Buller, the next major step in a substantial long-term investment programme designed to secure a further 20-year life for the mine.

Dr Bollard Backs Federated Farmers On Interest Rates Call

Dr Bollard Backs Federated Farmers On Interest Rates Call

"The 150 basis point cut will be welcomed by farmers, but only if the banks play ball and pass this large cut onto their business customers," says Philip York, Federated Farmers economics spokesperson

Kiwibank Cuts All Mortgage Rates

Kiwibank Cuts All Mortgage Rates

Kiwibank has responded to the cut in the Official Cash Rate by the Reserve Bank by cutting all home loan rates. The bank's lowest rate is the key one-year fixed term which has been reduced to 5.69% p.a.

OCR Cut Great But 85% Will See No Immediate Benefit

OCR Cut Great But 85% Will See No Immediate Benefit

The Reserve Bank's historic cut to the Official Cash Rate is welcome news but it will take time for the overwhelming majority of householders to feel any real benefit, according to an Auckland business lobby group.