Business

Moths, beetles free farm of stock-threatening weed

A ragwort plume moth.

Once covered in ragwort, a Manawatu farm is now almost free of the stock-threatening weed thanks to the introduction of moths and beetles.

New plans for Hotel Grand Chancellor site

Grand Chancellor site

Christchurch's tallest building pre-quake, the Hotel Grand Chancellor will not be rebuilt in its old spot.

Genesis shares list at a premium

Genesis

Shares in Genesis Energy have traded as high as $1.83 on the NZX, well above their $1.55 issue price.

Business briefs: Easter trading

magnifying glass dollar

Short snippets from today's business news: Hospitality industry Easter survey.

Overseas owners have big plans for landmark farm

Hereford beef cattle

The new owners of Taranaki's landmark Onetai Station want to realise its potential as a beef and sheep farm.

Alliance rendering plant up and running

Southland Times photo

The Alliance Group has finished commissioning its $25 million rendering plant.

High dollar keeps lid on inflation rate

Stock market NZX

High kiwi keeps a lid on inflation, with widespread discounting in shops for imports like clothing, shoes and electronics.

Cheers to good crop

Harvest under way in Central

Southland Times photo

An Indian summer in Central Otago bodes well for a stellar wine harvest, industry representatives say.

Spending nod for transformer

transformer

@devlincolle New Zealand Aluminium Smelters has loosened its purse strings and started spending again after months of cutbacks.

Clinton farmers produce south's best lambs

Southland Times photo

A Clinton sheep farming family are producing some of the best lambs in the country.

Dairy prices fall another 2.6pc

GlobalDairyTrade

Dairy prices continued their recent slide, falling 2.6 per cent at the latest global dairy auction.

'Officials ignore local investors'

CCDU map

Overseas developers would be "stupid" to invest in Christchurch, a frustrated city developer claims.

Money not top of list for small business owners

Generic money

Making a lot of money is not the No 1 focus for half of New Zealand's small business owners, according to research released yesterday.

Clearance grocery chain growing

Reduced to Clear

You might turn up your nose at food that's seen better days, but that view's not shared at Reduced to Clear.

Cows may be bred to produce low-fat milk

Dairy cows.

New Zealand dairy cows could be bred one day to produce lower-fat milk.

Chief financial officer helped with SFO inquiry

scf

Following the finance firm's downfall, its chief financial officer helped the Serious Fraud Office investigation.

Investors warned of 'window dressing'

NZX

New Zealand investors should be cautious about buying stocks around the time a company releases its financial results, says a market commentator.

Debate needed on business Fair Tax Mark scheme for NZ

OPINION: Governments and the Organisation for Economic Co-operation and Development (OECD) are concerned about tax base erosion and profit shifting (Beps) because it reduces tax revenue.

Matamata butcher's survival strategy

 Owen Henderson

He's mad. At least, that's what his accountant says, but Owen Henderson is a desperate man.

Orchard's 'vision' takes top award

Apples

An industry-leading Central Otago orchard has won the supreme title in the 2014 Otago Ballance Farm Environment Awards.

Inflation expected to climb inexorably

Percent

Annual inflation is expected to be steady at 1.6 per cent in figures out this week but that will not stop the Reserve Bank lifting interest rates this month.

Ask The Experts: Business outgrowing NZ

Australian flag on a map of Australia.

This week, Ask The Experts looks at moving into overseas markets.

Putting the freeze on your debts

NZ money, cash

What are the pluses and minuses of going through the no assets procedure?

Kiwis spend more on food than most

Groceries

Kiwis spend about 14 per cent of household income on food at home - the fifth highest global spend.

Economist has doubts about soaring confidence

per cent

Spate of surveys shows business confidence soaring but one economist says real economic activity remains to be seen.

Ag Board 'superseded by time'

Sheep

The Clutha District Council has been accused of not following through on a promise to improve agricultural development in the district.

Northburn Station Wine Company for sale

Cloudy Bay eyes up Central Otago vineyard.

Long road to success for award-winning farm

Sharemilkers Tony and Loie Penwarden and Faull Farms owners Carol, Gavin and Oliver Faull are the supreme winners of the  inaugural Taranaki Ballance Farm Environment Awards.

Family ownership over four generations central to the winning of a prestigious farm environment contest.

Sand mining 20-year plan risks

Sand mining will hasten coastal erosion, says Nga Hapu o Te Uru co-chair

The company asking to mine off the west coast is being accused of playing a Jedi mind trick.

Building a strong supply chain

Robert Auton

Having a sustainable supply chain is critical to maintaining a healthy business.

New tourism boss for Ngai Tahu

Quinton Hall

Ngai Tahu Tourism has appointed an experienced tourism executive to lead the company.

KiwiSaver 'needs reform'

Kiwisaver

Court says a bankrupt's KiwiSaver funds can be used to pay their debts but only if trustees of the account grant access.

Farmers grappling with impact of ECan rules

ECan principal planning advisor Peter Constantine

South Canterbury farmers are grappling with Environment Canterbury's new rules on further intensification of land.

Bank chief calls it a day

Southland Times photo

Ross Smith led the first building society in the world to become a registered bank but says his biggest achievement was getting his wife to stay in Invercargill.

Buskers event runs at loss of $14,000

World Buskers Festival

The Christchurch City Council-owned World Buskers Festival ran at a $14,000 loss this year.

SCF ignored warnings - witness

scf

Warnings about bad debts at South Canterbury Finance fell on deaf ears, even as the finance company's assets ballooned to more than $1bn.

SBS Bank boss retires after 22 years

Ross Smith

Ross Smith, chief executive of the mutually owned building society, will retire at the end of July.

Alliance appoints new director

Vanessa Stoddart

The Alliance Group has appointment Vanessa Stoddart to its board as an independent director.

Farm buildings seen as risk to power supply

transpower

Transpower tells council it should ban intensive farm buildings beneath powerlines that supply the national grid.

Pickings from company very slim

Construction worker/ Hard hat

Clients stand little chance of getting any money from the liquidation of NZ Premium Construction.

Australian ownership of Edendale nursery hailed

Capacity for 10 million seedlings

Lyndon Mills

@devlincolle The Edendale Nursery in Southland has been bought by biotechnology forestry company ArborGen.

Hubbard turned off hotel's lights

allan hubbard

When Allan Hubbard stayed at embattled Auckland Hyatt Hotel, he spent the night turning off hallway lights.

Training can solve staff literacy issues

OPINION: In this day and age it is becoming imperative that employees know how to read, write and calculate.

Devil is in detail with CGT

tax

In my article on March 22 I discussed some of the issues that arise when thinking about a whether a capital gains tax is a good policy option for New Zealand.

Biotech company buys Edendale Nursery

The Edendale Nursery in Southland has been bought by ArborGen.

Airport project for tender

The tender for the new $13 million Invercargill Airport terminal is now open.

Tiny clip in his heart gets farmer back on his feet

Glen and Shirley Williamson

Taranaki farmer Glen Williamson knows exactly how much his life is worth - he even has the receipt.

Dollars and scents for flower growers

Erwin and Mariska Blokker

He's been around lilies for all his 49 years, but Erwin Blokker never tires of their scent and colours.

Cycle seat unit ready to roll

bike, bicycle, cycle, wheel

A New Zealand-designed and made cycle-seat storage unit is ready to go to market should a crowd funding equity website provide the kick-start it needs.

Insurance cash lifts profit

Lyttelton Port

Christchurch City Holdings' group of seven trading companies have produced a combined mega half-year profit of $365.7 million.
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