Business

* Government announces stricter rules for public servants working remotely, focusing on office presence. * New guidelines emphasise that working from home requires monitoring and must be agreed upon. * Businesses in Central Wellington may welcome the shift as they struggle with fewer customers. The Government is cracking down on public servants working

* Kiwifruit exports reached $3.1 billion, a 20 percent rise from August 2023. * Gold kiwifruit exports grew 24 percent, driven by increased quantity sold internationally. * Green kiwifruit exports saw nearly 10 percent growth, due to rising prices. Kiwifruit exports from New Zealand reached an all-time high of $3.1 billion

* ILT has returned more than $9 million to the Invercargill community this year. * The Group faced challenges due to labour shortages, inflation, and cost-of-living pressures. * Despite a tax-related deficit, ILT’s financial position remains solid with strong community support. ILT Group held its Annual General Meeting on 16th September, revealing

Local businesses and industries need to be front and centre in conversations about how regions plan to grow their economies, Regional Development Shane Jones says. The nationwide series of summits aims to facilitate conversations about regional economic growth and opportunities to drive productivity, prosperity and resilience through the Coalition Government’

* Contact Energy proposes a $2.3-billion merger, acquiring electricity generator Manawa Energy. * Manawa shareholders would own approximately 18.5 percent of Contact shares post-merger completion. * The deal is subject to Commerce Commission, High Court, and shareholder approvals. Contact Energy has announced plans to acquire fellow power company Manawa Energy in

* The government aims to reduce personal liability for company directors to encourage stock listings. * cplans to simplify compliance and ease investment for mid-sized businesses. * The changes include removing financial forecast obligations and climate-related disclosure liability for directors. The government is set to reduce personal liability for company directors to encourage

The New Zealand Government is moving forward with further financial reforms to make it easier for Kiwis to access finance when needed. Commerce and Consumer Affairs Minister Andrew Bayly announced the changes, highlighting their importance for both individuals and the broader economy. “Financial ser

Briscoes Group, the operator of Briscoes homeware and Rebel Sport stores, has reported record half-year sales despite a challenging retail environment. In a statement to the NZX, the group announced sales of $372.1 million for the 26-week period ending July 28, 2024, a 0.77% increase from $369.2 mil