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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/
Today Fonterra announces its FY18 annual results, the plan to improve its business performance and the outlook for FY19. The Co-operative reports a Net Loss After Tax of $196 million. Normalised EBIT was $902 million, down 22%, the Co-operative’s gearing ratio was up from 44.3% last year to 48.4% an
Venture Southland is hosting three events this month focusing on the future of work. Preparing for an ageing workforce and adapting to changes in immigration policy are two of the major challenges currently facing Southland businesses. To address these challenges, the three free events will focus on
Winner of the New Zealand executive assistant (EA) of the year award Nyia Strachan may come from one of New Zealand’s smallest cities but she would still be the best EA if she worked in Auckland, her boss Alpine Energy chief executive Andrew Tombs says. Strachan was named the best NZ executive assis
by Mike SanfordWinner of the New Zealand executive assistant (EA) of the year award Nyia Strachan may come from one of New Zealand’s smallest cities but she would still be the best EA if she worked in Auckland, her boss Alpine Energy chief executive Andrew Tombs says. Strachan was named the best NZ executive assis
Today Fonterra announces its FY18 annual results, the plan to improve its business performance and the outlook for FY19. The Co-operative reports a Net Loss After Tax of $196 million. Normalised EBIT was $902 million, down 22%, the Co-operative’s gearing ratio was up from 44.3% last year to 48.4% an
Venture Southland is hosting three events this month focusing on the future of work. Preparing for an ageing workforce and adapting to changes in immigration policy are two of the major challenges currently facing Southland businesses. To address these challenges, the three free events will focus on
Alliance Group is marking the next stage in its transition into a food and solutions company with the launch of a new corporate identity ahead of the co-operative’s annual farmer roadshow. While the name does not change, the new branding focuses on the strong connection that Alliance Group, New Zeal
An ethos of “entrepreneurs everywhere” is driving the Southland Business Accelerator with about 25 startups taking on the 12-week programme to date. The programme works with startups and entrepreneurs, giving them the tools and resources they need to succeed in Southland’s business climate. It is ru
Fonterra’s new cream cheese plant in Canterbury has started production and is set to manufacture up to 24,000 metric tonnes of cream cheese annually, bound for China. China’s changing demographics have driven a surge in popularity for Western foods. The 20kg blocks of cream cheese from Darfield will
South Port New Zealand Ltd’s reported after-tax profit for the June 2018 year is $9.66M, up 14% on last year’s result of $8.45M. South Port Chairman, Mr Rex Chapman said, “this is an excellent result for the Port, underpinned by a 13% increase in cargo flows.” Total cargo volume through Bluff set a
Air New Zealand is to pay some staff a bonus of $1800 each and invest in new digital technology and better lounges after announcing a near-record profit. Air NZ plane tailPhoto: 123RF Among its announcements today, Air New Zealand said it would set aside around $150 million over the next few years t