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Latest Articles 519 Articles
Air New Zealand To Cut Invercargill To Wellington Direct Flights
Air New Zealand To Cut Invercargill To Wellington Direct Flights
Business   -   Sep 30, 2024

* Air New Zealand to cut direct Invercargill-Wellington flight from January 2025. * Mayor Clark and Southland Business Chamber CEO raise concerns over regional connectivity. * Air New Zealand cites low demand and aircraft shortages for cutting the direct route. Air New Zealand has announced it will discontinue its direct flights between Wellington

Fonterra Plans Divestment Of Consumer Businesses
Fonterra Plans Divestment Of Consumer Businesses
Farming   -   Sep 30, 2024

* Fonterra's revised strategy focuses on Ingredients and Foodservice to drive growth. * The Co-op plans to divest its Consumer businesses and improve financial returns. * New targets include a 10-12% return on capital and increased dividend policy. Fonterra Co-operative Group Ltd has unveiled its updated strategy, which shifts focus towards

Southland Business Talent Showcased During Minister's Visit
Southland Business Talent Showcased During Minister's Visit
Business   -   Sep 28, 2024

Southland’s business enterprises were front and center when the Minister of Small Business and Manufacturing, Andrew Bayly, visited Invercargill yesterday. "I had a really interesting day in Invercargill, meeting a range of successful businesses with my wonderful colleague, Invercargill MP Penny Simmonds," said Mr. Bayly. "Many

Hundreds Of Jobs At Alliance Groups Timaru Plant In Jeopardy
Hundreds Of Jobs At Alliance Groups Timaru Plant In Jeopardy
New Zealand   -   Sep 27, 2024

* Timaru's Alliance Smithfield plant could lose 600 jobs under a new proposal. * A 21-day consultation period will end, with a final decision expected by October 18. * Declining sheep numbers and land-use changes have led to a surplus in processing capacity. Hundreds of jobs at Timaru’s Alliance Smithfield

The Warehouse Group Reports $54.2M Loss
The Warehouse Group Reports $54.2M Loss
Business   -   Sep 26, 2024

* The Warehouse Group reports a $54.2 million loss, down from a $29.8 million profit. * Retail sales fell across the board, with The Warehouse sales down 5.3% to $1.8 billion. * Management acknowledges missteps and pledges to focus on core retail strengths moving forward. The Warehouse Group has

Southland’s Top Exporters Celebrated At Gala
Southland’s Top Exporters Celebrated At Gala
Business   -   Sep 24, 2024

* Export Southland Gala recognised local businesses for their innovative contributions to global markets. * Ethan Todd won the NZAS Innovation in Export Award for his Backlanz bipod range. * The DHL Mentorship went to George Munro - Hokonui’s Laura Todd for her lambswool products. Southland’s most innovative exporters were celebrated

Government Tightens Rules On Remote Work
Government Tightens Rules On Remote Work
Business   -   Sep 23, 2024

* 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 Hit Record $3.1 Billion
Kiwifruit Exports Hit Record $3.1 Billion
Business   -   Sep 22, 2024

* 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

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