Wednesday, May 22, 2013
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Young Innovator Awards open

It’s time for young people around the Bay of Plenty to put their thinking caps on and submit their most innovative ideas in the Young Innovator Awards. Now in its fifth year the awards run by Priority One’s Instep programme are held annually to find the region’s most creative secondary school thinkers and this year includes a new category...

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Innovating business culture

Beyond logs, kiwifruit and fertilizer – a group of Western Bay businesspeople have plans to add innovation to the region’s reputation. The group, of self-employed professionals, has launched a survey to learn what city businesses believe is needed to foster innovation in the region. Bay of Plenty Innovation survey organisers Tina Jennen...

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Accountancy firms to merge

Two Tauranga accountancy firms are in the due diligence stage of merger talks. BDO Tauranga, formerly known as Simmonds Cooney Lellman, and RHB Chartered Accountants are looking to merge. Two Tauranga accountancy firms are set to merge. BDO is one of the top five global accounting firms covering 138 countries and has 14 independently owned offices around...

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Meridian next asset for sale

Meridian Energy is the next state owned asset to go up for partial sale later this year.  Finance Minister Bill English and State Owned Enterprises Minister Tony Ryall made the announcement today as part of the 2013 Budget. It follows the successful listing of Mighty River Power on the New Zealand Stock Exchange last week. “The Mighty...

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Buyers still 'cautious' in market

A slight rise in the number of Western Bay of Plenty properties sold last month has a real estate manager warning that while things “are on the up” buyers are remaining cautious. The Real Estate Institute of New Zealand’s property market report figures also show median house prices, except for Tauranga, are up year-on-year.  Buyers...

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Slight rise in property market

Tauranga is seeing renewed confidence in residential property values compared to previous months where growth has been limited. The latest QVmonthly property value index shows a nationwide trend of residential values increasing further in April.  “There is a growing feeling of confidence in Tauranga following a strong month of sales and...

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From Fonterra to Zespri

A man credited with helping strengthen Fonterra’s financial position in the global economic crisis has been appointed Zespri’s new independent director. Jonathan Mason has been Fonterra’s chief financial officer since 2009 but announced his retirement from that role in January.  Jonathan Mason has been Fonterra’s chief financial...

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$7.5M profit for EastPack

EastPack has announced a $7.5million before tax profit after paying 20 cents per tray rebate in June 2012. EastPack’s strategic objective to deliver both lower packing costs to its growers and an excellent profit result has seen EastPack growers receive industry leading Orchard Gate Return (OGR), says chairman Ray Sharp. EastPack Operations Manager...

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New Fonterra milk scheme

Fonterra is piloting a new ‘Guaranteed Milk Price’ (GMP) scheme that will provide farmers with the opportunity to have more certainty in their milk price. The pilot will mean farmers can choose to lock in a milk price announced at the beginning of a season for up to 75 per cent of their milk supply. Fonterra’s Managing Director of...

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More Kiwis turn to online shopping

Kiwi shoppers have put their money where their mouse is with more than half the population choosing to shop online, according to the latest statistics. Figures released by Statistic New Zealand in ‘The Household Use of Information and Communications Technology (ICT) Survey‘ show New Zealand’s use of the internet is continuing to increase...

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