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Business

Business news is presented by

A message from our sponsor: At Malloch McClean +MORE we're more than great accountants. For over 90 years, we have been helping New Zealanders build enduring wealth through successful business. Our experienced team can help you grow all areas of your business and will challenge you to succeed. Talk to us today and find out how we can help you build a smarter, better business. Contact Phone: 214 4166 Website: https://www.mmca.co.nz/

Fonterra lifts 2023 Earnings Guidance and Revises Milk Collections
Fonterra lifts 2023 Earnings Guidance and Revises Milk Collections
Business   -   Sep 12, 2022

Fonterra Co-operative Group Limited today announced it has revised its 2023 forecast earnings guidance to 45 to 60 cents per share, up from 30 to 45 cents per share. It has also revised its forecast milk collections for the 2022/23 season down from 1,510 million kgMS to 1,495 million kgMS. Fonterra

South Port Lifts Profit in Volatile Year
South Port Lifts Profit in Volatile Year
Sep 06, 2022

South Port New Zealand’s diversified trade mix has secured an improved annual result for the operator of the Bluff Port in Southland, despite supply chain disruption to containerised trade and an ongoing fluctuation in the log trade. Total operating revenue from Port services has increased by 2.7% t

Big Plans For Old Farmers Building: Out of Town Retailers Interested
Business   -   Sep 21, 2022 Big Plans For Old Farmers Building: Out of Town Retailers Interested

Several big chain retailers are interested in moving South to establish their businesses in the old Farmers building – but no tenants have been confirmed yet. Rumours have been going around town that JB-HiFi and Chemist Warehouse are moving into the department store, but building owner Gaire Thompso

by Aimee Wilson
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Big Plans For Old Farmers Building: Out of Town Retailers Interested
Big Plans For Old Farmers Building: Out of Town Retailers Interested
Business   -   Sep 21, 2022

Several big chain retailers are interested in moving South to establish their businesses in the old Farmers building – but no tenants have been confirmed yet. Rumours have been going around town that JB-HiFi and Chemist Warehouse are moving into the department store, but building owner Gaire Thompso

Fonterra lifts 2023 Earnings Guidance and Revises Milk Collections
Fonterra lifts 2023 Earnings Guidance and Revises Milk Collections
Business   -   Sep 12, 2022

Fonterra Co-operative Group Limited today announced it has revised its 2023 forecast earnings guidance to 45 to 60 cents per share, up from 30 to 45 cents per share. It has also revised its forecast milk collections for the 2022/23 season down from 1,510 million kgMS to 1,495 million kgMS. Fonterra

South Port Lifts Profit in Volatile Year
South Port Lifts Profit in Volatile Year
Sep 06, 2022

South Port New Zealand’s diversified trade mix has secured an improved annual result for the operator of the Bluff Port in Southland, despite supply chain disruption to containerised trade and an ongoing fluctuation in the log trade. Total operating revenue from Port services has increased by 2.7% t

Kiwibank To Remain Fully Kiwi Owned
Kiwibank To Remain Fully Kiwi Owned
Aug 22, 2022

The Government has acquired 100 percent of Kiwibank’s parent company, Kiwi Group Holdings (KGH), ensuring the bank remains fully Kiwi-owned. KGH, which also operates New Zealand Homes Loans, had been owned by NZ Post, ACC and the NZ Super Fund. Under the terms of the agreement when ACC and NZ Super

Autoplex Goes The Extra Mile For Clients
Autoplex Goes The Extra Mile For Clients
Business   -   Aug 19, 2022

Saturday mornings at Autoplex have always been a hive of activity. With a full crew of up to eight technicians working Saturday mornings, the owner Daniel Blain said it was a great opportunity for those with busy lives. “With many other workshops closed at weekends, Saturdays are one of our points o

Trampoline Park Burglars Steal Cash Register
Trampoline Park Burglars Steal Cash Register
Business   -   Aug 17, 2022

A group of four teenager boys broke into Jump n Fun Trampoline Park in Invercargill on Saturday night – taking hundreds of dollars in coins and the cash register as well. Owner/operator Cameron O’Donnell said he was alerted to the smash and grab by security after the four intruders set off alarms in

Three Decades in Business for Young Reflections
Three Decades in Business for Young Reflections
Business   -   Aug 12, 2022

Young Reflections owner Joy Brown is celebrating 30 years in business this week, and there will be plenty of instore giveaways for customers. Reflecting on her time in business, she said it was lovely that the parents who she sold to when she first started, now have their children coming in to buy,

Four Lawyers From Same Firm Admitted To Bar
Four Lawyers From Same Firm Admitted To Bar
Jul 27, 2022

Today’s bar admission ceremony at the High Court in Invercargill was extra special for AWS Legal – with four out of the six young lawyers celebrating their admission employed by the firm. William Swan, Rebecca Scott, Bella Hiroki, and Rebecca Gooby were admitted to the bar by The Hon Justice Osborne

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