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Yashili corporate video: New infant formula factory opens in Pokeno
Business

Yashili corporate video: New infant formula factory opens in Pokeno

China's Yashili NZ- a joint venture between Yashili International Holdings and Mengniu Dairy Co - officially opened its $220 million infant formula manufacturing plant in Pokeno today after a three-year construction period. See this supplied corporate video produced by Yashili showing off the project.

NZME: John Key visits new building
Business

NZME: John Key visits new building

One of Auckland's biggest corporate relocations is about to begin, as 850 people shift into the new NZME Central headquarters at 151 Victoria St. PM John Key led the official opening of the building yesterday, welcoming the business whose brands include the Herald and Newstalk ZB.

Watch: NZ's Great Walks on Google Maps
Business

Watch: NZ's Great Walks on Google Maps

It's the ultimate tool for the very laziest of armchair travellers of New Zealand - a 3D-view of some of the country's most famous tramping tracks. Over four years, imagery was collected using Street View Trekker, a wearable backpack outfitted with 360 degree cameras designed for locations accessible only by foot. Source: Supplied

Watch: Kiwi electric farm bike
Business

Watch: Kiwi electric farm bike

The Ubco 22 electric farm bike will be in production by Christmas with initial marketing aimed at New Zealand and Australia. Strong international interest means the company will bring forward plans to sell into North America, said Timothy Allan, managing director of Tauranga's Locus Research. Locus is a co-investor in Ubco and works closely with the bike's developers Anthony Clyde, based near Whakatane, and Daryl Neal from Wellington. Source: UBCO

SkyCity: NZ International Convention Centre
Business

SkyCity: NZ International Convention Centre

New Zealand's biggest building business, Fletcher Construction, has just been announced as the main contractor for SkyCity's International Convention Centre. In a move widely expected, Skycity chief executive Nigel Morrison said the company had agreed the terms of a binding, $477 million contract with Fletcher Construction Company Ltd to build and complete the design of the NZICC, the 5-star, 300-room Hobson Street hotel, the retail laneway linking Nelson and Hobson streets, and 1327 carparks under the NZICC. Source: SkyCity Auckland/Facebook

Bill English: Auckland housing market 'risk to NZ'
New Zealand

Bill English: Auckland housing market 'risk to NZ'

The Auckland housing market remains a risk to the New Zealand economy, Finance Minister Bill English says. "The longer it goes rising at 20 to 25 per cent a year, the more of a risk it becomes," the minister told reporters this afternoon. "You've got the median house prices about nine times the average income. That can't last." Mr English made the comments after making a speech to a social housing conference in Wellington.

Mike's Minute: Feeling the All Black pride
New Zealand

Mike's Minute: Feeling the All Black pride

It is enormously pride-inducing to be here knowing you come from the same country as the All Blacks. If things all go according to plan they will be able to do what no team has ever been able to do—win the cup twice in a row. Can't wait to watch this #NZvSA game.

Revealed: LynnMall’s big extensions
Business

Revealed: LynnMall’s big extensions

Take a peek inside the result of an intensive 11-month $39m extension at LynnMall in Auckland’s New Lynn, bringing seven new restaurants and an eight-cinema complex including one giant 460-seat Titan theatre with state-of-the-art Dolby sound system, the equivalent of 3D for audio. The Brickworks dining lane opens November 5 and the cinemas mid-November. Footage: Doug Sherring

Threat to contaminate infant formula with 1080: Arrest made
New Zealand

Threat to contaminate infant formula with 1080: Arrest made

Police have arrested a 60-year-old businessman over a threat to contaminate infant formula with the poison 1080. Commissioner Mike Bush made the announcement this afternoon at a press conference held in Auckland. The man was arrested this morning and charged with two counts of criminal blackmail. Source: NZ Police/Periscope

Selling luxury - Jim Rohrstaff
Business

Selling luxury - Jim Rohrstaff

Jim Rohrstaff of Auckland's Legacy Partners discusses the new boutique real estate agency he works at,which is marketing some of the country's most luxurious new resorts and estates. Tara Iti Golf Club just over an hour north of Auckland has been a big focus since he arrived here last year with his family.

Mike's Minute: Generation Rent a reality
New Zealand

Mike's Minute: Generation Rent a reality

Having a small clique of wealthy home owners is not good for a country's economy or social landscape, Mike says. Renting is now becoming a reality for many in New Zealand but changes need to be made here.