Lydia Marshall's Blog: July 2016

Bill English said the rating scale isn’t about giving an organisation a pass or fail mark as much as being a tool that they can use to improve their investment management.

Read the original here: IRD scores an ‘A’ in Treasury investor confidence ratings, Corrections, Education get C pass

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NZ annual fruit exports jump, led by record kiwifruit sales

The country’s merchandise exports advanced 2 percent to $49.34 billion in the 12 months ended June 30.

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Parking makes sense in Cambridge company’s multi-million dollar US win

Parking Sense secures one of the biggest contracts ever awarded in California. With special feature audio.

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Monday, 25 July 2016

MARKET CLOSE: NZX50 at new record as global equities rise

The S&P/NZX 50 Index rose 91.25 points, or 1.3 percent, to 7,317.3

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Caltex's AA smartfuel deal to cost Z Energy $5m

Z Energy said that after it had completed due diligence but before the sale was completed.

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Dollar edges lower as Fed meeting takes centre stage this week

The kiwi slipped to 69.79 US cents at 5pm in Wellington.

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More attacks at German soft targets highlight the intelligence dilemma

A series of attacks in Bavaria show the difficulty of protecting a frightened public.

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NZX milk futures contracts spike on volatility

It took just 14 days for more than three million kilograms of milk solids to be traded on the NZX.

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Export log prices drop to seven-month low as higher currency bites

The average wharf gate price for New Zealand A-grade logs dropped to $114 a tonne in July.

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Wellington Airport plans to sell $60m of eight-year bonds

The company is considering the offer of unsecured, unsubordinated, fixed-rate bonds maturing on August 5, 2024.

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No end in sight to HR world’s legal stoushes

The Human Resources Institute of New Zealand has just lost one court battle but will still pursue another. With special feature audio.

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Engineering giants square off over trade secrets

Contact Energy’s sale of power station turbine triggers legal stoush.

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NZ dollar little changed as focus shifts to global central banks

The kiwi traded at 69.89USc at 8am in Wellington.

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Sunday, 24 July 2016

LISA KING on the runaway success of Eat My Lunch

The social enterprise founder speaks to Andrew Patterson on Sunday Business. With special feature audio.

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Friday, 22 July 2016

MARKET CLOSE: Shares rise; Steel & Tube gains, Comvita, Restaurant Brands drop

The S&P/NZX50 Index gained 12.01 points, or 0.2 percent, to 7226.06.

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Dollar heads for 1.5% weekly fall on Reserve Bank signals

The kiwi traded at 70.03 US cents at 5pm in Wellington.

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RAW DATA: Stephen Jennings New Zealand Initiative Dinner Lecture: ‘The Market Path To Prosperity’

Speech by Stephen Jennings at New Zealand Initiative Dinner Lecture: ‘The Market Path To Prosperity’.

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Steel & Tube shares recover from 15-year low

The stock last traded at $2.20.

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Restaurant Brands to kickoff home delivery of KFC by year's end

The company has been working on home deliveries of KFC as a concept for the past 12 months.

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Independent adviser Grant Samuel rolled out again to back Silver Fern Farms deal

Grant Samuel again said the terms of the transaction were “fair and reasonable” to shareholders.

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Australian Restaurant Brands director Stephen Copulos becomes second largest shareholder

The acquisition was settled by issuing Copulos’ family interests five million shares at market price and the rest in cash.

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SIR BOB JONES: Brexit was not a mistake

Never have I heard such patronising drivel as that following Brexit.

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TIM HUNTER: Is the ASX stealing our best and brightest?

Some New Zealand companies are choosing to list across the Tasman but that doesn’t mean New Zealand’s markets are failing. With special feature audio.

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What a small Californian baseball team can teach the Mad Butcher

Imagine being given the chance to run an organisation you think could do better.

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Thursday, 21 July 2016

MARKET CLOSE: Shares gain, Steel & Tube and Xero advance while NZ Refining drops

The S&P/NZX 50 Index rose 41.38 points, or 0.6 percent, to 7,214.05.

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Dollar drops below US70c after Reserve Bank flags rate cuts

The kiwi traded at 69.88 US cents at 5pm in Wellington. With special feature audio.

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Serco keeps million dollar Language Line interpreter contract

The Department of Internal Affairs awarded the contract to provide the Office of Ethnic Communities’ Language Line service for one year.

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Universities to lure overseas research teams to boost local startup culture

Government funding of $35 million over four years will be matched by the universities. With special feature audio.

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Auckland Council raising $200m in bond offer at higher rate than last issue

The council wants to raise up to $100 million.

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Livestock Improvement Corp sinks into the red

LIC posted a loss of $4 million, or 13.6 cents per share, in the 12 months ended May 31.

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Migration, tourism boom continues in June

Annual net migration reached a new record 69,100 in June.

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Z dumps supermarket discounts; BP launches in-car payment

The ‘Fly Buys Pumped’ programme will still allow members to collect award points on fuel purchases.

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RBNZ's 'clear' message pushes kiwi down

The kiwi fell to 69.67USc from 70.18USc immediately before the statement. With special feature audio.

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Allnex's A$1b takeover of Nuplex delayed

Planned takeover not likely to happen in August.

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Wednesday, 20 July 2016

MARKET CLOSE: Shares rise to record, Xero, Metlifecare gain, Air NZ drops

The S&P/NZX 50 Index gained 17.84 points, or 0.3 percent, to 7,172.67.

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Dollar edges up from lows ahead of Reserve Bank update as August rate cut priced in

The kiwi traded at 70.56 US cents as at 5pm in Wellington. With special feature audio.

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So you’ve plagiarised the First Lady – a reputational damage control ‘how to’ guide

PR operative David Cormack outlines the available options when you get pinged for plagiarism. With special feature audio.

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While you were sleeping: UPDATED Dow rises further in record-breaking rally

Other stock indexes fell as Netflix crashed 13% and IMF downgraded world growth outlook.

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'Scraping' tactic exposes Seek to charges of gross hypocrisy

And then there are those pesky potential breaches of copyright and the Fair Trading Act by job sites Seek and Indeed. With special feature audio.

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Kiwi dollar little changed near month-low

The kiwi traded at 70.50USc as at 8am in Wellington.

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Tuesday, 19 July 2016

Dairy product prices mixed; whole milk powder rises

Prices flat overall in Global Dairy Trade auction overnight.

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MARKET CLOSE: NZ shares gain, Auckland Airport, SkyCity and Moa rally while Comvita drops

The S&P/NZX 50 rose 48.88 points, or 0.7 percent, to 7.154.83.

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NZ dollar, swap rates fall as market sees room for two RBNZ rate cuts

The kiwi fell to 70.27 US cents from 71.14 cents immediately before the RBNZ release and from 70.93 cents yesterday. With special feature audio.

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Serko CFO Tim Bluett resigns

Tim Bluett joined the Auckland-based company from Telecom New Zealand in 2013.

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Silver Fern Farms says profit wiped out in 2016

Silver Fern Farms has warned farmer shareholders that it now expects to only break-even in the current financial year.

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Zespri says reports of pressure from Beijing over steel dumping are false

John Key said that NZ had been given an “absolute assurance” there would not be reprisals for any investigation into steel dumping by China. With special feature audio.

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Air New Zealand receives all-clear for 'gate to gate' Bluetooth devices

Use will be restricted to small handheld equipment set on flight mode.

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Should whistleblowers get financial incentives?

Whistleblowers in the US share in the proceeds of a successful sting; some argue this should happen here. With special feature audio.

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NZ dollar falls after Reserve Bank proposes new lending limits

The kiwi fell to 70.56USc from 71.14 cents immediately before the Reserve Bank release. With special feature audio.

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Tower CFO Brett Wilson resigns after 16 months

Brett Wilson will remain in the role until a replacement is found.

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Monday, 18 July 2016

MARKET CLOSE: NZ shares gain; Metro Glass, Tower, Trade Me rise

The S&P/NZX50 Index rose 33.08 points, or 0.5 percent, to 7,105.96.

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NZ caught in global backlash against Chinese steel imports

Chinese producers are undercutting producers in other countries at a time of severe global over-supply. With special feature audio.

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NZ dollar falls as weak inflation data adds to case for rate cut in August

The kiwi traded at 70.93 US cents as at 5pm in Wellington. With special feature audio.

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China 'trade war' source disavows story

Former trade negotiator reveals the flakiness of the rumour, and what he actually uncovered. With special feature audio.

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Tiwai Point workers cut $20m deal with smelter owners over backpay

Some 450 current and former employees will share the settlement.

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Hyundai Heavy beats out Daewoo Shipbuilding to win $493m contract for ice-capable NZ tanker

The Hyundai-built tanker is a step up for the Navy in terms of size and will be capable of refuelling two ships at a time while underway.

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Audit tag for café group Cooks

Going concern assumption questioned.

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Social policy architect leaves Treasury for academia

Girol Karacoaglu will head Victoria University’s school of government from October 1.

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Weak inflation builds case for rate cut next month, economists say

Government data today showed the consumers price index rose 0.4 percent in the June quarter from a year earlier. With special feature audio.

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Services sector activity slowed in June; retail still upbeat

The BNZ-BusinessNZ performance of services index fell 0.2 of an index point to a seasonally adjusted 56.7 last month. With special feature audio.

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Friday, 15 July 2016

MARKET CLOSE: NZ shares mixed, market steady; Tower, Westpac, ANZ gain, Fisher & Paykel drops

The S&P/NZX50 Index dipped 7.44 points, or 0.1 percent, to 7,072.89.

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TWI heads for 1.8% weekly decline; RBNZ update keeps markets guessing

The trade-weighted index fell to 76.13 from 77.54 last week.

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HUNTER'S CORNER: Stupid is as stupid does

Maybe we’re thinking about this electricity lines business in completely the wrong way.

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Seek employing unethical tack, recruitment firms claim

Both companies insist that publishing others’ ads without permission is a service, not a sin.

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BOB JONES: Rewriting history to halt progress

In 1945 aged five, I began my daily mile trek along High St in Lower Hutt to Boulcott School.

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Mining minnow New Talisman promises the gold’s coming soon

“All that glisters is not gold,” warned wise man William Shakespeare 420 years ago in The Merchant of Venice.

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Putting a value on natural resources

OPINION: New Zealand businesses are required to understand how they impact the environment. With special feature audio.

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NZ King Salmon strives to convince retailers to better present its products

NZ King Salmon’s Jemma McCowan believes both her own company and the major retailers would benefit from better presentation. With special feature audio.

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Carry on: Fastest way to New York, new North American codeshares and more

The weekly business travel roundup also includes busy Nelson Airport and new hotel openings. With special feature audio.

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Obituary: Socialite Lady Renouf dies on 74th birthday

Her marriage to Sir Frank Renouf in the 1980s lasted just three years.

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Thursday, 14 July 2016

Pilots' Association to appeal Wellington runway ruling

The association is to file its appeal by the end of the end of the month.

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MARKET CLOSE: NZ shares rise on school holiday volumes, A2 Milk, Air NZ gain

The S&P/NZX 50 Index rose 16 points, or 0.2 percent, to 7.080.32, a record high.

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ACC sought $158m in Budget 2016, got $26.4m, Treasury papers show

ACC wanted the money to fund increases in the estimated costs of providing for injured non-earners since 2014.

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NZ dollar drops as RBNZ's surprise update raises expectations for August rate cut

The kiwi fell to 72.04 US cents at 5pm in Wellington. With special feature audio.

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NZ agri-tech startup CropLogic crowdfunds $500,000 to pay for ASX listing

The Christchurch-based company has raised $512,200 via crowdfunding platform Equitise.

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A new look at setting retirement income policies

With special feature audio.

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NZ consumer confidence upbeat in July as Kiwis pick better times for themselves

The ANZ-Roy Morgan consumer confidence index slipped to 118.2 last month from 118.9 in June.

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Pokemon Go to offer businesses sponsored locations

Also, how NZ businesses are taking advantage of the craze. With special feature audio.

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Fonterra milk collection drops 10% in first month of 2017 season

The Auckland-based dairy cooperative collected 9.9 million kilograms of milk solids in June.

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Wednesday, 13 July 2016

MARKET CLOSE: NZ shares mixed, Spark drops while Kiwi Property, ANZ, Westpac gain

The S&P/NZX 50 Index dropped 0.2 percent, or 15.2 points, to 7,064.31.

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NZ dollar falls from 14-month high against greenback; pound strengthens

The kiwi traded at 72.58 US cents at 5pm in Wellington. With special feature audio.

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Moa executive director David Poole buying shares in latest rally

UPDATED: Shareholder notices to the NZX show David Poole bought 23,019 shares for $31,323 on July 12.

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1Above launches capital raise as revenue hits $2.4m

Flight beverage producer 1Above has announced a $2.5 million capital raise to fund its global expansion. With special feature audio.

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Moa receives price inquiry from NZX after shares jump by almost half

Moa’s share price has risen 47.5% since June 27 to a peak of 87c from 59c.

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First contractor named for Auckland mayor's pet project

Downer has joint venture with French company to build part of the CRL.

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NZX proposes changes to flagging price-sensitive announcements

NZX is seeking more feedback on a proposal to change the way it uses administrative halts after initial submissions were divided on whether to drop the practice altogether.

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NZ dollar hits 14-month high as stocks, commodities rally on upbeat investor sentiment

The kiwi rose to a new 14-month high of 73.23USc.

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Food prices rise in June led by seasonal gains in vegetables

Food prices increased 0.4 percent in June from May.

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While you were sleeping: Wall Street hits record highs

High-risk stocks join rush as post-Brexit mood turns positive.

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Tuesday, 12 July 2016

NZ dollar rebounds against the greenback following Japan election win

The kiwi traded at 72.63 US cents at 5pm in Wellington from 72.19 cents at 8am and 72.78 cents yesterday. With special feature audio.

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MARKET CLOSE: NZ shares extend gain as Investore stags in latest listing

The S&P/NZX 50 index rose 17.01 points, or 0.2 percent, to 7,079.46. With special feature audio.

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Meat and dairy exporters secure largest ever container ship for Asia run

The service will operate through the Port of Tauranga.

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Founder of Methven's Chinese manufacturing division sells entire stake as lock up ends

Methven bought Hui Zhang’s Invention Sanitary for up to $10 million in cash and scrip in a sale that completed at the start of July 2014.

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Lamb flap prices rise to a year high in June; beef, lamb leg stable

Lamb flap prices rose to $US4.40 per kilogram in June.

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Turners in $15.3m deal for Auckland's Buy Right Cars

Turners will pay about $11.9 million in cash and $3.4 million in shares for Buy Right Cars.

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Briscoe to defend takeover costs case

Briscoe Group has no intention of paying the full $3.2 million Kathmandu wants.

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NZ guest nights fell in May, snapping 25 consecutive monthly gains

National guest nights declined 0.4% to 2.3 million in May from the same month a year earlier.

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NZ dollar jumps against yen after Abe win in upper house of Diet

The kiwi climbed to ¥74.16 at 8am in Wellington from ¥73.67 yesterday.

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While you were sleeping: Stocks rise on US economy, UK leadership decision

S&P 500 hits record high on Wall Street.

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Monday, 11 July 2016

Unions seek interim injunction over threatened lockout of aviation security workers

The move comes ahead of a one-day mediation set down for hearing by the Mediation Service in Auckland this Wednesday.

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MARKET CLOSE: NZ shares join global rally after upbeat US jobs report, led by Aussie banks

The S&P/NZX 50 index rose 62.35, or 0.9 percent, to 7062.45.

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Infratil's Canberra data centre purchase delayed by election uncertainty

Marko Bogoievski said the A$392 million transaction had been due to complete late in July,

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NZ dollar rally may slow as upcoming Chinese data keeps outlook murky

The kiwi traded at 72.78 US cents at 5pm in Wellington.

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Tianjin Airlines joins list of Chinese carriers flying to New Zealand

Tianjin is planning to fly three times a week to Auckland from mid-December.

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PwC elects new chief executive

Bruce Hassall will step down after seven years in the top spot. With special feature audio.

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Hawke’s Bay winemaker signs UK distribution deal

Rod McDonald says his future lies at the top end of the premium market. With special feature audio.

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China's Golden Wing Mau buys 19.99% of T&G Global

Golden Wing paid $2.95 a share for 13.2 million shares from Bartel Holdings.

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NZ plastic card spending rises 1.2% in June, led by durable goods

Retail spending rose 1.2% in June.

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NZ wool auction volumes at six-year low in 2015/16 season

Some 445,477 bales were offered at auction in the year through June, 4.9% below the 468,165 bales offered at auction a year earlier.

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10 Questions with Chloe Van Dyke, Founder of CHIA

Is it a drink? Is it a food? Well, thanks to the hard work and innovation of a Nelson neuro-scientist turned entrepreneur it’s both – it’s CHIA!

When experimentation with mass produced kombucha stalled, Chia founder Chloe Van Dyke and her dad Ben Van Dyke turned their attention to organic hydrated chia seeds, resulting in the highly nutritious purple and orange health drinks now available in supermarkets and cafes and simply known as CHIA.

We asked Chloe to share some of the CHIA story so far and like so many #nzentrepreneur stories, we find that the genesis of this unique product was a problem. How to provide endurance athletes with both hydration and sustenance in a single convenient serving.

What’s the story behind CHIA, how did you come up with the idea and how did you get it started?

I come from an athletic family who consider healthy foods, exercise and adventure a key part of good living. They were in need of a nutrient-rich on-the-go food. With a science background and an interest in nutrition, I felt I could create something better than what was currently available in the New Zealand beverage market. I started with Kombucha before there was anyone producing it commercially in New Zealand. Upscaling was a disaster but it was while I was experimenting with Kombucha that I found chia seeds.

My dad and CHIA co-owner Ben was hydrating chia seeds as part of his training with the local swim squad. It is rarely the first idea that ends up being the final result. In the process of pursuing one venture I was led to more ideas and was able to evolve.

I researched chia seeds and found they were rich in many of the nutrients we tend to need more of in our diet; omega 3 for the heart and brain, magnesium for stress, electrolytes for sustained hydration and fibre which is taken out of other drinks is essential for the digestive system and blood sugar regulation.

Historically chia seeds have been hydrated before being eaten because this increases the body’s ability to absorb the nutrients. I wanted to create a drink that not only didn’t include anything nasty like artificial ingredients or added sugar but also focused on being rich in absorbable nutrients that are essential to our health. For this reason it made sense to hydrate the seeds in a drink. It was important it tasted great so I looked to what was growing locally. In Nelson, we have an abundance of antioxidant-rich blackcurrants and apples so Blackcurrant & Apple CHIA became our first prototype.

I then travelled to the Himalayas to test the formula. Each night I would sit in my tent and hydrate chia seeds for the next day and add blackcurrant powder. I found the formula increased my energy, kept me sustained throughout the day and prolonged hydration. I returned to New Zealand confident in the benefits of chia and in December 2012 I gathered family and friends around me to produce our first batch of CHIA.

And what made you think you could build the idea into a successful business?

I didn’t know if it would be a success or not. CHIA pushes the boundaries of preconceived ideas of what a drink is. When CHIA is hydrated is swells up to 10 times its volume and creates a gel around itself. I didn’t know if people would love it or hate it – would it be too weird for the New Zealand palate?

But I knew that CHIA was one of the most nutrient-rich beverages derived from natural ingredients available in New Zealand and the timing was perfect – New Zealanders were beginning to become more interested in healthy eating. Some people love CHIA and some hate it but that is often the way when you dare to do something different.

Looking back, if you could go through the start-up process all over again, what three things would you do differently?

I would be more selective and choose carefully the advice I took. When you start a business everyone wants to suggest something. This is great and I was overwhelmed with support but it is important to know that you know your business better than anyone else and for areas where you need help get your advice from the best.

I would have grown a team quicker. Most of us start out having to do everything ourselves and this is a great way to really get to know your business. I learnt every part of running a business from the manufacturing, accounts, sales, and marketing. But it wasn’t until I started to grow a team that I was able to step back from the day to day work and focus on where my business is going and the direction I want to take it.

I wouldn’t care so much about the naysayers. When you start a business, particularly one that is a little bit different you will get people that think you are crazy. I think all entrepreneurs are a little bit crazy. Many ideas won’t work and it is important to acknowledge criticism and utilise it. But don’t let it get you down because you will need all the positivity you can muster to get over the hurdles ahead.

CHIA is now stocked in most supermarkets – how did you get your product range into this notoriously difficult retail channel and how long did it take?

The first supermarkets were independents. This allowed me to get data on sales to take to other supermarkets. CHIA was selling well so it made sense for more supermarkets to bring us on board.

I could clearly explain the benefits of including CHIA in their range. The key point is that CHIA is completely unique – there is no other beverage like it in New Zealand. Additionally, CHIA customers may not be someone who would usually buy juice, this means that Chia is not a replacement purchase but an added purchase, meaning the beverage category as a whole grows. I was also able to provide supermarkets with a product that fitted the growing demand for health food. Foodstuffs came on board in the first year and Progressives in our second year.

Do you think New Zealanders have a healthy attitude towards business and the creation of wealth?

In my experience, New Zealand is a great place to start a business. New Zealanders support local businesses and this allows us to get a foot in the door. Consumers are interested in ethics and the story behind a business. Our goal is to create the most nutritious beverage on the market in the most sustainable way possible and with the smallest carbon footprint so this mindset suits our business model.

What does success mean to you? Has what it means to you changed since you first started the business?

In business success for me is creating a career where I am continually passionate about what I am doing; always learning and evolving; growing a stimulated team around me; and where I make a difference to the wider community.

What I am trying to achieve is continually evolving, this means that what success means is evolving too. I don’t think I will ever get to the point where I will say I have succeeded because there is always more to do.

Starting and building a business is one of the most stressful things most people are ever faced with – what do you do to cope with stress?

I am passionate about what I do, if I wasn’t I would have given up. It is a rollercoaster and every week comes with peaks and troughs. The problem is that it is the troughs that take up all the time because they are the bottleneck. I need to remind myself to acknowledge the peaks.

I also believe play is important. Creating a space for creativity and team building is crucial to a smooth functioning team is a priority. We have a slack line set up at work and mountain bike as a team once a week.

New Zealand’s international success and wealth to date has largely been built on the back of our agricultural sector. However, we’re finding it harder to compete in this arena. Apart from agriculture, where do you think our next best competitive advantage lies is if we are to carve out a niche for ourselves in the years ahead?

Innovation and added value. I think New Zealand should focus on creating products that have more value than the sum of their parts.

Products that are New Zealand made, healthy, functional, and natural are gaining interest overseas. I think we could work more on collaborating to enter new markets together.

Do you believe anyone can be a successful entrepreneur?

I think there are certain traits that can help. An ability to learn quickly and adapt is important because the way we do business is changing all the time. A large part of business is about communication and the way we are communicating is rapidly evolving. If something isn’t working you need to be able to see it quickly and change track. It is not like other professions where you learn how to do it – you need to be able to evolve with your environment while staying true to the underlying principles of your business.

An ability to perceive luck is also important. I think that opportunities walk past us every day. Sometimes you have to be in the right place at the right time but often you have to know that you are in the right place at the right time to make use of it.

What advice would you give to readers who might have an idea but aren’t sure how to go about turning it into a business?

Ask yourself why you want to do or create this idea. Having a strong understanding of this will allow you to focus your energy in the right direction.A business canvas can help give you a quick overview of how your business would work. They will often ask questions like the following. Keep your answers short.

Answer these questions:

Who is your customer?
What is the problem you are trying to solve for them?
What are they doing now to solve their problem?
What solution are you providing to your customer?
What makes you or your idea better than the alternatives currently available?
What is the message you will send to your customer?
How will your customer find out about you?
How are you going to get your product/service to your customer (distribution)?
How are you going to make money?
What do you need to get started (time, money, people etc)?
What will be the ongoing costs (time money, people etc)?

Facebook: Chia New Zealand

Instagram: @ChiaNewZealand

Twitter: @ChiaDrink,

www.chia.co.nz

CHIA is an innovative and nutrient rich drink designed and made in Nelson, New Zealand. We blend organic hydrated chia seeds with antioxidant rich juices. CHIA is rich in omega 3, magnesium, calcium, iron, natural electrolytes, complete protein, fibre and antioxidants. CHIA is 100% natural, vegan and gluten free with no added sugar, no preservatives and no artificial colours.

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Friday, 8 July 2016

NZ dollar TWI heads for 1.7% weekly gain as rate cut bets pared back

The trad-weighted index rose to 77.61 at 5pm in Wellington.

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Delegat revises forecast full-year profit to $37m on record case sales

Net profit is expected to be $54 million for the year ended June 30.

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MARKET CLOSE: NZ shares fall, led by Trade Me; F&P Healthcare drops as kiwi gains

The S&P/NZX 50 Index fell 7.42 points, or 0.1 percent, to 7000.1.

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135 attention seekers

OPINION: Damien Grant on the Big Sleep Out. With special feature audio.

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Hellaby Holdings narrows its focus

Few remnants of that old swashbuckling and chaotic pre-1987 share market crash era are still listed on NZX and the few that remain would be unrecognisable to their founders. With special feature audio.

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Blis Technologies shares fall 11% after price query

The shares fell 0.5 cents to 4.2 cents.

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Northport calls for Ports of Auckland cargo to be thrown its way ahead of relocation

Northport said the study took an overly narrow focus. With special feature audio.

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Twenty obvious things for Auckland and time for a new council

OPINION: So here are 20 (not so) obvious things about cities, and Auckland in particular, that we should all remember. With special feature audio.

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NZ wool auction clearance rate slumps to four-year low

Strong crossbred second shear wool fell to $4.85 per kilogram.

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Electricity Authority says it doesn’t want to be a barrier to innovation

Electricity Authority chief executive Carl Hansen says his job isn’t to protect the incumbent electricity industry players. With special feature audio.

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