New Zealand Post and Marketing Impact Limited announced they have reached agreement for Marketing Impact to buy New Zealand Post’s email and text marketing business, MessageMedia. The transaction, valued at less than USD 250,000.
It will be business as usual for MessageMedia’s customers and three staff as they transfer to Marketing Impact, a creative direct marketing agency with over 80 staff in Auckland, Wellington and Christchurch.
Read MoreNew Zealand exporters remain confident about the strength of their overseas markets, according to a survey, with most unaffected by fallout from the global credit crunch.
A survey of 244 export businesses by DHL in May found that the fluctuating New Zealand dollar against the US dollar was a benefit, with over half of respondents to the bimonthly survey reporting cost savings.
Of the companies to make savings, about a quarter planned to use them to cover rising operating costs such as fuel.
The New Zealand dollar was volatile last month, after surprisingly poor retail and employment data cast further doubt about the strength of the economy and increased the expectations of interest rate cuts.
The kiwi ended May close to where it began, around US78c, but swung about US4c during the month.
Of companies surveyed who export to the US, 58 percent reported no impact to their current export orders, 22 percent experienced a fall and 5 percent had an increase.
Over the next six months, 77 percent of exporters anticipated no change or an increase in orders to the US.
“Given the impact the US sub-prime crisis has caused to markets worldwide and the New Zealand public’s concerns about potential local effects, it is positive that most exporters are reporting they are unaffected by the crisis and even optimistic about orders in the near future,” said DHL Express New Zealand General Manager Derek Anderson.
Eighty percent of exporters expected orders to markets other than the US to remain stable for the next six months.
Key New Zealand trading partners remained solid economically, with Australia and Asian economies growing strongly, and Europe and Japan showing surprising growth, said Jason Wong, Director of Economics and Strategy at First NZ Capital.
Read MoreThe International Post Corporation (IPC) has launched an environmental measurement and monitoring system providing a common carbon measurement and reporting framework for the global postal industry.
The launch and formal adoption by IPC member postal operators including Australia, Austria, Belgium, Canada, Cyprus, Denmark, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Luxembourg, The Netherlands, New Zealand, Norway, Portugal, Spain, Sweden, Switzerland, and the UK, took place at IPC’s Annual Conference 2008 in La Chapelle en Serval, France on 30 May. The event was attended by CEOs from Europe, the Asia-Pacific and North America.
The system provides the postal industry with a transparent, scientific, sector specific carbon management and measurement system based on the requirements of international best practice standards, such as the Greenhouse Gas Protocol, DJSI, FTSE4Good, ISO 14001, and current best practice from the corporate environment. The system evaluates performance through the application of a scoring system that grades performance in ten carbon management proficiency areas and in key numeric carbon efficiency indicators.
The environmental measurement and monitoring system was also built on best practice as exemplified by customers of IPC members and is highly responsive to customer requirements and interests in measuring their own carbon footprint in their value chains.
The system will be piloted in 2008, with results from the first round of measurement expected to be announced in November 2009.
Read MoreKiwibank has made a further cut to its two-year fixed-term home loan interest rate. Kiwibank has cut the rate to 8.99 pct per annum, effective immediately, making it the only major bank to offer a fixed term home loan rate below 9 pct.
Kiwibank Chief Executive Sam Knowles said there has been a clear softening in the interest rate market. “The other banks have this week brought their rates to nearly those offered by Kiwibank, so we are cutting this key term even further.”
“This rate will appeal to those home owners who have loans coming due for renewal. They will have been very nervous at refixing loans when rates were hovering near the 10 pct mark. A rate below 9 pct will be a much reduced rate shock.
“Kiwibank always wants to be fast to cut loan rates and slow to increase them. This latest cut fits with that strategy,” Mr Knowles said.
Read MoreToll Holdings has reached an agreement on the purchase of West Australian
based Courier Australia.
Courier Australia is a Courier and Express transport and logistics group, based in
Western Australia. It was established in 1959 and employs about 600 staff and
independent contractors in that state. Courier Australia has a strong regional
network in Western Australia which will add scale to some of Toll’s existing
courier and express businesses.
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