Pepin Island returns to New Zealand ownership with price cut sale

One of the South Island's rare private islands has sold to a New Zealand buyer, following a price cut. Pepin Island, which sits north of Nelson in Tasman Bay, is understood to have fetched close to $13.5 million, after three years... Source: NZ Herald Business News

By | May 26th, 2021|Business|0 Comments

Fonterra lifts earnings, set to contribute $12 billion to NZ economy

Fonterra has lifted its earnings for the first nine months of its financial year and has set its opening milk price forecast range for next season at $7.25 - $8.75 per kgMS, with a midpoint of $8 per kg.A milk price at that level... Source: NZ Herald Business News

By | May 25th, 2021|Business|0 Comments

ACC, KiwiSaver provider invest in Sir John Kirwan's mental health app Mentemia

Sir John Kirwan's workplace mental wellbeing platform has attracted investment from ACC and KiwiSaver provider Pathfinder.Kirwan and tech entrepreneur Adam Clark set up Mentemia in 2019 to help employers embed a wellbeing-first... Source: NZ Herald Business News

By | May 25th, 2021|Business|0 Comments

Z Energy agrees to plan to turn Refining NZ into a terminal

Fuel distributor Z Energy said it had agreed in principle to terms offered by Refining NZ to transition the Marsden Point refinery to an import terminal system.The in-principle agreement is non-binding and contingent on several... Source: NZ Herald Business News

By | May 25th, 2021|Business|0 Comments

Agency TBWA takes out full-page Herald ad to poke fun at industry chaos

One of the country's best-known agencies has taken out a full-page Herald advertisement to poke fun at the current chaos in the industry.At a time of major change across a number of larger agencies in town, the ad from agency TBWA... Source: NZ Herald Business News

By | May 24th, 2021|Business|0 Comments

Bitcoin suddenly skyrockets in value after Elon Musk tweet

Hold on to your butts crypto investors, the market is going wild once again after a single tweet from you know who.Tesla CEO Elon Musk just can't control himself and this morning he single-handedly sent the value of bitcoin and... Source: NZ Herald Business News

By | May 24th, 2021|Business|0 Comments

Australian authorities investigate OnlyFans for possible links to financial crime

Australian authorities are investigating popular adult content site OnlyFans over fears it is being used as a vehicle to traffic drugs, launder money and exploit children.NCA NewsWire reports that financial crimes watchdog AUSTRAC... Source: NZ Herald Business News

By | May 24th, 2021|Business|0 Comments

Bitcoin faces an onslaught as countries crack down

OPINION: Bill Clinton once quipped that China attempting to censor the internet would be like "trying to nail jello to the wall". Cyberspace, he said in 2000, existed outside of any jurisdiction. Freedom would come to China down... Source: NZ Herald Business News

By | May 24th, 2021|Business|0 Comments

Wellington businesses 'bloody offended' by Courtenay Place taxi stand trial

A temporary taxi stand on Courtenay Place could have been mistaken for a crime scene with orange cones and people wearing hi-vis turning cars away, a business group says.Wellington City Council has recently trialled changing 11... Source: NZ Herald Business News

By | May 24th, 2021|Business|0 Comments

$1.2 billion Sleepyhead Estate at Ohinewai receives rezoning approval

Sleepyhead's $1.2 billion mixed development at Ohinewai in the Waikato has got the green light after an eight-month resource consent process for rezoning. The master plan for an industrial, residential and commercial development... Source: NZ Herald Business News

By | May 24th, 2021|Business|0 Comments