New Zealand business news. Business news from New Zealand on 24 March 2017.
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New Zealand Business News


The Press West Coast
Waterview Connection opening 'two to three months away'
New Zealand Herald
The opening of New Zealand's largest roading tunnel project has been delayed up to three months. The $1.4 billion Waterview Connection motorway project in Auckland might not open until winter starts. The NZ Transport Agency has just issued a statement ...
More time required to complete testing and commissioningScoop.co.nz (press release)
Waterview Connection opening date delayed by 'two to three months'The Press West Coast

all 3 news articles »

Stuff.co.nz
Government wants Free Trade Agreements to cover 90 per cent of exports
Stuff.co.nz
The biggest threat to New Zealand's economy would be the disruption of international trade, Prime Minister Bill English says. More than $90 million will be invested in the country's trade as the Government sets a target of increasing free trade ...
Prime Minister's Speech to International Business ForumScoop.co.nz (press release)
Govt push for FTAs to cover 90pc of export goodsNew Zealand Herald
PM wants 90% of exports under free trade dealsRadio New Zealand
sharechat -Nasdaq -Voxy -The National Business Review
all 20 news articles »

Stuff.co.nz
Retirement village sector hot, listed fund advances mortgages
Stuff.co.nz
Millennials who feel financially disadvantaged may consider wreaking their revenge by investing in the grey tsunami of baby boomers swelling retirement villages. Forsyth Barr analyst Jeremy Simpson said the retirement village investment is still in its ...

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Stuff.co.nz
NZ Post CFO David Walsh gets top job
New Zealand Herald
David Walsh will take up the role of chief executive at New Zealand Post from May 1 as the state-owned enterprise shifts its focus away from traditional mail services that are facing shrinking revenue. Walsh, who has been at NZ Post for two years as ...
David Walsh named new chief executive of NZ PostStuff.co.nz

all 2 news articles »

Radio New Zealand
Massive slips discovered in Hunua Ranges pose further threat to Auckland dams
New Zealand Herald
Massive landslips and swathes of destroyed native bush have been discovered in Auckland's Hunua Ranges following the storms in early March, with Watercare warning they pose a further threat to the city's fragile water supply. The scale of the ...
Reduce your water use with free auditScoop.co.nz (press release)
Auckland's water usage dips well under daily consumption targetStuff.co.nz
Aucklanders need to save more water as forecast rain threatens to worsen muddy damsTVNZ
Radio New Zealand
all 9 news articles »

SunLive
High pH to blame for Bay water issues
New Zealand Herald
High pH has been identified as the issue affecting water in eastern areas of Western Bay of Plenty. Early testing suggested the water supplied to Pukehina Beach, Paengaroa, Maketu, Little Waihi and Pongakawa areas this morning had high pH and therefore ...
WBOP residents warned not to drink waterSunLive

all 4 news articles »

Radio New Zealand
Vodafone snatches rural service from Telecom
Radio New Zealand
The majority of a small telecommunications company's rural internet service will be sold to Vodafone, posing a major obstacle to Spark's takeover bid. No caption. Photo: RNZ. Vodafone is to buy a 70 percent stake in the Farmside service for $10 million ...
TeamTalk to sell controlling stake in Farmside to VodafoneScoop.co.nz (press release)
Vodafone and Spark in takeover tussle over TeamTalkStuff.co.nz
Spark says TeamTalk valuation 'lacks credibility', TeamTalk shares gainNew Zealand Herald
IT Brief NZ -Reseller News -Otago Daily Times -ZDNet
all 19 news articles »

The Southland Times
South Port chief executive Mark O'Connor resigns
The Southland Times
South Port NZ Limited chief executive Mark O'Connor resigned and will leave the Bluff port in late October. In the most recent financial year South Port achieved a record cargo and profit, with volumes having lifted by 50 per cent or about 1.0 million ...
South Port CEO Mark O'Connor steps downNew Zealand Herald

all 2 news articles »

The Sydney Morning Herald
Markets Live: CSL rally drives ASX
The Sydney Morning Herald
Shares post healthy gains, led up by CSL, while Downer slumps following its capital raising, as investors shrug off a stalled US healthcare vote that flattened a Wall Street recovery. Live updates. Sort posts by. Newest, Oldest. 12:09pm. The yield on ...
Downer raises A$757mln from institutional entitlement offerScoop.co.nz (press release)
Downer stock plummets 21pc after disappointing equity raisingThe Australian Financial Review
Downer raises $757m to fund Spotless dealPerth Now
Yahoo7 News -Business Insider Australia
all 11 news articles »

The National Business Review
NZ's weak wool market shows some improvement at weekly auction
The National Business Review
The weak wool market showed some improvement at the latest New Zealand weekly auction in the South Island yesterday. The average price for 37-micron crossbred fleece rose 5 cents to $4.15 a kilogram from last week's sale, according to AgriHQ.

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