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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/

ANZ Half Year Profits Take a Tumble May 01, 2020

ANZ has reported a sharp fall in first half profit as its costs increased and it put aside more for the negative impact of the looming economic downturn. The country’s biggest bank’s net profit for the six months ended March was $789 million, compared with $1.1 billion a year ago. Lending and deposi

Whittaker’s Tops Most Trusted Brands List Again
Whittaker’s Tops Most Trusted Brands List Again
Business   -   Apr 30, 2020

Chocolate maker Whittaker’s has been voted New Zealand’s most trusted brand for the ninth year running. That’s according to a Reader’s Digest survey of 1600 people, the results of which have been released today. Whittaker’s marketing manager Philip Poole said the company was pleased its chocolate wa

Venture Capitalist Joins Board of Invest South
May 07, 2020 Venture Capitalist Joins Board of Invest South

Invest South has appointed Bridget Unsworth as a new director to the Board. Bridget brings more than a decade’s experience working in venture capital, private equity and angel investment sectors in London and New Zealand. “I am really excited to join the board of Invest South and to be involved in t

by Mike Sanford
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Venture Capitalist Joins Board of Invest South
Venture Capitalist Joins Board of Invest South
May 07, 2020

Invest South has appointed Bridget Unsworth as a new director to the Board. Bridget brings more than a decade’s experience working in venture capital, private equity and angel investment sectors in London and New Zealand. “I am really excited to join the board of Invest South and to be involved in t

ANZ Half Year Profits Take a Tumble May 01, 2020

ANZ has reported a sharp fall in first half profit as its costs increased and it put aside more for the negative impact of the looming economic downturn. The country’s biggest bank’s net profit for the six months ended March was $789 million, compared with $1.1 billion a year ago. Lending and deposi

Whittaker’s Tops Most Trusted Brands List Again
Whittaker’s Tops Most Trusted Brands List Again
Business   -   Apr 30, 2020

Chocolate maker Whittaker’s has been voted New Zealand’s most trusted brand for the ninth year running. That’s according to a Reader’s Digest survey of 1600 people, the results of which have been released today. Whittaker’s marketing manager Philip Poole said the company was pleased its chocolate wa

Together Southland – Buy Local, Stay Local and Be Local
Together Southland – Buy Local, Stay Local and Be Local
Apr 28, 2020

Local businesses – they are the heart of our region’s economy and after weeks in lockdown it is time to show them some love. That is the call from Southland’s Regional Development Agency, Great South, who has developed a campaign to encourage Southlanders to buy local, stay local and be local during

Reimagining That Mountain Of Washing
Reimagining That Mountain Of Washing
Business   -   Apr 17, 2020

Thousands of Zoom chats, hangouts, group videos and conference calls are being made from bedrooms, living rooms, kitchens and the couch across New Zealand during the lockdown. And if there’s one thing that unites us – it’s laundry in the background. This intimate revelation into the lives of our col

Hairdressers – Smaller Salons May Need To Consolidate To Survive
Hairdressers – Smaller Salons May Need To Consolidate To Survive
Business   -   Apr 15, 2020

While hairdressers are hoping to be swamped once the lockdown lifts, smaller salons may need to consolidate to survive. New Zealand Association of Registered Hairdressers chair Niq James said the industry had essentially lost at least one rotation of clients, and therefore income, due to the alert l

Submit Tax Returns Even If Unable To Meet Payments, Businsesses Told
Submit Tax Returns Even If Unable To Meet Payments, Businsesses Told
Apr 13, 2020

Businesses should continue filing their tax returns, even if they cannot make the payments, so the IRD can keep track. Under laws quickly passed before the country entered alert level four, Inland Revenue has the power to write off interest accrued on tax payments due on or after February 14. It has

Hack the Crisis NZ: Hundreds Of Kiwi Startups Prepare To Pivot For Greater Good
Hack the Crisis NZ: Hundreds Of Kiwi Startups Prepare To Pivot For Greater Good
Business   -   Apr 10, 2020

In the face of COVID-19, hundreds of startups, innovative businesses, and individuals ready to roll up their sleeves have been recruited into New Zealand’s largest taskforce to Hack the Crisis. Designed to solve real problems in a post-COVID New Zealand, Hack the Crisis is a 48-hour challenge open t

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