Business & Markets

Christmas spending splurge

With two weeks to go until Christmas shoppers are starting spend up large with the latest figures showing spending in the Bay of Plenty up 2.6 per cent this year. The... Read More

More trains for port growth

A $295,000 report showing the Port of Tauranga is set to get busier in the next 30 years, raised questions when it was tabled for discussion at Tauranga City Council... Read More

Bay jobs may be saved

Around 50 jobs in the Bay of Plenty due to be axed just before Christmas maybe saved due to a last minute buy-out of a Rotorua timber processing plant. An announcement... Read More

High demand for Fonterra

The Fonterra share issue has taken centre stage this week, with high demand seeing the price go from $5.50 at time of issue to $6.90. Experts expect it to peak... Read More

Powering ahead with awards

Mount Maunganui solar energy business PowerSmart has added to its trophy cabinet with another three business awards for its work installing sustainable power systems... Read More

Fonterra sets share price

The price for units in the Fonterra Shareholders' Fund has been set at $5.50 per unit - Fonterra Co-operative Group Limited has announced. The price - which was... Read More

Harvester beats hotel chain

Te Puke postharvest company Trevelyan's has won the 2012 NZI National Sustainable Business Network Awards, in the Emerging Large/Corporate category. The company's... Read More

Carter Holt cuts 70 jobs

Around 70 people employed at Carter Holt Harvey are set to lose their jobs just before Christmas. Rotorua and Tokoroa staff face the prospect of having no income... Read More

Comvita bees are buzzing

Comvita's shareholders are to receive a Christmas present of four cents a share, based on the Paengaroa-based honey products producer's half year result. Comvita... Read More

US Fiscal Cliff

Jonathan York from Bay Financial Partners reviews the investment markets looking at some of the latest issues including concerns about the US ‘Fiscal Cliff'. He... Read More

Food prices fall

Food prices fell 0.6 per cent in October, reflecting seasonally lower prices for vegetables, according to the latest figures from Statistics New Zealand. 'Lower... Read More

Comvita sales reach milestone

Comvita has announced its global licensee for Medihoney specialist wound care products - Derma Sciences Inc - has achieved $US10million in annualised sales. The... Read More