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Business headlines with summaries.
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'Remarkably resilient': Lockdowns in key cities fail to impact on Ryman's profit
19 Nov 2021Retirement village operator Ryman Healthcare's bottom line profit is up by a third with continued demand driving valuation gains.
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'Expect delivery delays': Parcel volumes surge as festive season looms
19 Nov 2021Parcel delivery is up 100 percent over the pre-Covid-19 period as customers rush to get their orders in for the holiday season.
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Mergers and acquisitions up on record previous quarter, PwC says
19 Nov 2021Data from PwC shows 54 deals were completed or announced for the third quarter, up from the previous record of 47 in the second quarter of the year.
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House sale gains hit record high - with some areas hitting median profits of $555,000
19 Nov 2021CoreLogic's latest "Pain and Gain" report, which compares a property's sale price with the previous price, shows 99.1 percent of properties resold in the three months ended September made a profit.
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Inflation expected to average at 3.7 percent over next year
18 Nov 2021A Reserve Bank survey has shown inflation expectations hitting the highest in more than a decade adding further weight to the case for interest rates to rise again next week.
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Foodstuffs mistakenly releases contaminated sugar
20 Nov 2021Foodstuffs is recalling some raw sugar which was subject to a recall earlier this month due to lead contamination, but released in error.
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Apple to sell spare parts direct to consumers
18 Nov 2021Move comes after years of pressure on the technology company from consumer groups for the right to repair.
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Tui Oil Field decommissioning contract awarded
18 Nov 2021Helix Offshore Services has been awarded for final phase of the decommissioning of the Tui Oil Field off the coast of Taranaki.
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More people giving up on owning property, says Sharesies
Sharesies' annual survey showed 27 percent of respondents did not want to own a property, more than double the level of the past three years.
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Sanford posts profit fall as pandemic pressures continue
The fishing company expects a gradual recovery in volumes and prices as the world market opens up and demand returns.
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Licensing income helps drive strong half-year result for AFT Pharmaceuticals
18 Nov 2021A strong rise in domestic sales and licensing revenue has seen Auckland based drug marker AFT Pharmaceuticals post a much improved half year result.
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Report claims Uber avoided millions in company tax
18 Nov 2021The conservative estimate is that Uber avoided $6.4 million to $12.8m in company tax in 2020 in New Zealand. according to the report.
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FMA to focus on 'serious misconduct' at start of emissions disclosure regime
18 Nov 2021The Financial Markets Authority (FMA) will take a "supportive" approach with financial organisations having to meet upcoming standards for the disclosure of greenhouse gas emissions.
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Minister reveals new tourism plan's focus
The Tourism Minister says skills shortages and career progression are the first priorities of a new industry transformation plan for tourism and hospitality.
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Australasian venture capital firm looking for NZ investment opportunities
17 Nov 2021Blackbird Venture's local principal says the firm's aim is to be the first capital partner for most of the start-ups it invests in.
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Price rise puts Whangārei's Ōruku Landing project at risk
17 Nov 2021New report indicates the proposed waterfront development could cost ratepayers an additional $13m.
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Managers more likely to think pay is fair - study
17 Nov 2021Employees are also more doubtful than managers about their organisation's pay transparency, the study found.
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Plexure considers consolidating stock listings after loss
17 Nov 2021Marketing software company Plexure has reported a first half loss, with plans to restructure the business and cut costs, sending its shareprice plunging.
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Women investors outperform men - survey
The results come as no surprise to the head of one local investment advisory firm.
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Retirees need hundreds of thousands in savings, experts say
16 Nov 2021People planning on a city retirement with a few luxuries should have a savings account in the high triple figures, according to a new report from Massey University.
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Increase in cargo helps drive record profit at Napier Port
Napier Port has shaken aside the effects of Covid-related disruptions and fewer ship visits to post a record full year profit.
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Timber shortage hits fencing contractors with weeks-long delays
16 Nov 2021A shortage of timber means some fencing companies are having to order product months in advance.
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TradeWindow to debut on NZX seeking 'a wider pool of investors'
16 Nov 2021Supply chain technology company TradeWindow will list on the local stock exchange next week, after completing a successful funding round in September.
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Investore reports first half-year profit of $56.9m
16 Nov 2021Investore's first half-year profit is down more than a third as gains in the value of its portfolio of big box retail properties slowed.
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