ASB announces interest rate reductions

ASB has  announced it will be dropping its home loan fixed interest rates by up to 0.5 of a percentage point. The new Housing interest rates will be effective from 2 March 2011. For a fixed term of 6 months the new rate is 5.85 percent per annum, with the new 12 months Housing fixed […]

Trimming business insurance not a good move

According to Tower Insurance, one of the country’s oldest and most trusted providers, and Patron of Business Mentors New Zealand, some companies are trimming the scope of their insurance cover in a bid to cut costs. However, Tower warns this false economy could leave businesses open to huge bills and in many cases force their […]

Emergency meeting on earthquake response

CEOs of 50 leading New Zealand companies have  developed a Steering Group to co-ordinate private sector support for Christchurch following the  devastating earthquake. Members of BusinessNZ’s Major Companies Group CEO Forum were briefed by Prime Minister John Key, Finance Minister Bill English and Earthquake Recovery Minister Gerry Brownlee at a meeting in Auckland. The Forum identified […]

PVC welding – A major challenge

Laizhou, a small town near Qingdao – the city where the sailing competitions were held during the 2008 Summer Olympics Ð is currently undergoing an economic boom. This may be attributed in part to its favourable transport connections and to the unique media attention which it attracted in connection with the Games. Xin Li Composite […]

Metals New Zealand Industry Conference

 Engineering industry players should be interested in attending the Metals New Zealand Industry Conference 2011, to be held on the 14th and 15th of April at the Duxton Hotel in Wellington. Formerly known as the Metals Industry Conference, this event comes as a result of the fantastic success of four previous Metals Industry Conferences with […]

Wellington woman wins Supreme Business Award

Camilla Welch, owner and General Manager of Petone-based label making and printing business “Label and Litho” has earned the Supreme Business Award at the Her Regional Wellington Businesswoman of the Year Awards, which were announced on Friday 3 December during a ceremony at the Intercontinental Hotel. Label and Litho is a 50 year old business […]

Regional business partners being found

NZTE and TechNZ (the Foundation for Research, Science and Technology’s business investment programme) have appointed the first organisations to our new joint network of 14 Regional Business Partners and are close to finalising the entire network of ‘NZTE-TechNZ Regional Business Partners’ who will become a natural first point of contact for businesses around New Zealand […]

Rethink the economy to improve prospects – BusinessNZ

The deterioration in the Government’s accounts because of low economic growth and some one-off problems is not surprising, says BusinessNZ. Chief Executive Phil O’Reilly says it increases the urgency for actions that will create a more dynamic economy. “Government spending should be aimed at getting the right funding in the right places and better using […]

Exporters upbeat for 2011

By Catherine Beard, executive director, Export New ZealandÊ Kiwi exporters are upbeat and determined to increase their exports in the year ahead, according to Export New Zealand’s National Export Outlook Survey. The findings from the inaugural Export Outlook survey undertaken mid November are being released today. (Link here for the report) “Kiwi exporters are looking […]

NZ economy – two steps forward, one step back

New Zealand’s economic prospects are improving despite some risks, according to the BusinessNZ Planning Forecast for the December quarter 2010. While international markets are still volatile, underpinned by concern about sovereign debt levels, New Zealand’s major trading partners continue to show solid growth prospects – good news for New Zealand commodity producers. Recent adverse events […]