Greymouth tradie awarded $30k after boss sexually harasses her

A Greymouth labourer who was sexually harassed by her female boss has been awarded more than $30,000 by the Employment Relations Authority (ERA).Hannah Wilson was at the time working for Restruct Construction Limited, who were sub-contracted... Source: NZ Herald Business News

By | May 29th, 2019|Business|0 Comments

NZ shares fall as more Commercial Bay delays weigh on Fletcher, Precinct

New Zealand shares fell, with Fletcher Building and Precinct Properties New Zealand under pressure on news the Commercial Bay development is running behind schedule and facing more cost overruns. The S&P/NZX 50 Index decreased 26.85... Source: NZ Herald Business News

By | May 29th, 2019|Business|0 Comments

NZ dollar steady, interest rates dip as RBNZ holds LVR settings

The New Zealand dollar was little changed although interest rates fell after the Reserve Bank held its loan-to-valuation restriction settings steady.The kiwi was trading at 65.42 US cents at 5pm in Wellington from 65.44 at 8am and... Source: NZ Herald Business News

By | May 29th, 2019|Business|0 Comments

Contact Energy to spend $30 million on geothermal appraisal wells

Contact Energy will spend $30 million on a series of appraisal wells on Taupo's Tauhara geothermal steamfield as it builds towards a final investment decision for a new power station in 2020.The drilling programme - involving four... Source: NZ Herald Business News

By | May 29th, 2019|Business|0 Comments

Hawke's Bay Council gives green light to Napier Port IPO

The Hawke's Bay Regional Council has confirmed that it will proceed with the partial privatisation of Napier Port, through an initial public offer, subject to pricing and market conditions.The council said a final decision on pricing... Source: NZ Herald Business News

By | May 29th, 2019|Business|0 Comments

Asset Plus profit gains on cheaper operating costs, interest bill

Asset Plus lifted its annual profit as its external management contract with Augusta Capital and a smaller debt load helped cut costs. The property investor is repositioning its portfolio under the new oversight of Augusta, with... Source: NZ Herald Business News

By | May 29th, 2019|Business|0 Comments

While you're sleeping, your iPhone stays busy — snooping on you

It's 3am. Do you know what your iPhone is doing?Mine has been alarmingly busy. Even though the screen is off and I'm snoring, apps are beaming out lots of information about me to companies I've never heard of. Your iPhone probably... Source: NZ Herald Business News

By | May 28th, 2019|Business|0 Comments

Mainfreight staff share $27m bonus after record result

Eligible Mainfreight staff will receive a share of a $27.24 million bonus after the global freight and logistics firm posted its best-ever annual result.The bonus is an increase of $6.55m, or 31 per cent, on the prior year's payment,... Source: NZ Herald Business News

By | May 28th, 2019|Business|0 Comments

Teachers' mega-strike: What to do with your kids today

Small businesses may feel a pinch today as workers juggle childcare duties on top of their everyday jobs. School is out for thousands of children as most schools will close during an historic teacher strike. It comes after hopes... Source: NZ Herald Business News

By | May 28th, 2019|Business|0 Comments

Peruvian-style rooftop restaurant set to open at Scentre Group's $790m Westfield Newmarket

A Peruvian-style restuarant located on the rooftop of Scentre Group's $790 million Westfield Newmarket shopping complex in Auckland is set to open later this year.Thought up by New Zealand chef Nick Watt and culinary director Darren... Source: NZ Herald Business News

By | May 28th, 2019|Business|0 Comments