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Z Energy
Z Energy is a New Zealand fuel distributor with branded service stations. It comprises some of the former assets of Shell New Zealand and Chevron New Zealand. Shell left the New Zealand fuel distribution business in April 2010, selling its operations to Infratil and New Zealand Superannuation Fund. The former Shell operations were rebranded as Z Energy in 2011. Since May 2022, it is a subsidiary of Australian petroleum company Ampol. It operates under the Z Energy and Caltex New Zealand brands. There are 227 Z Energy service stations around New Zealand, including 60 in Auckland. There are also 138 Caltex sites, including 39 in Auckland. Background Shell withdrew from the fuel distribution market in New Zealand in 2010. Shell's New Zealand assets, including a 17.1% stake in Refining NZ, were acquired by Infratil and the New Zealand Superannuation Fund for $891 million. However the Taranaki based exploration and production division were not part of this sale portfolio. Z Energ ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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Chevron Corporation
Chevron Corporation is an American multinational energy corporation. The second-largest direct descendant of Standard Oil, and originally known as the Standard Oil Company of California (shortened to Socal or CalSo), it is headquartered in San Ramon, California, and active in more than 180 countries. Chevron is engaged in every aspect of the oil and natural gas industries, including hydrocarbon exploration and production; refining, marketing and transport; chemicals manufacturing and sales; and power generation. Chevron traces its history back to the 1870s. The company grew quickly after the breakup of Standard Oil by acquiring companies and partnering with others, especially Texaco. Socal was one of the Seven Sisters that dominated the global petroleum industry from the mid-1940s to the 1970s. In 1985, Socal merged with the Pittsburgh-based Gulf Oil and rebranded as Chevron; the newly-merged company later merged with Texaco in 2001. Today, Chevron manufactures and sells fu ...
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The Dominion Post (Wellington)
''The Dominion Post'' is a metropolitan daily newspaper published in Wellington, New Zealand. It is owned by media business Stuff Ltd, formerly the New Zealand branch of Australian media company Fairfax Media. Weekday issues are now in tabloid format, and its Saturday edition is in broadsheet format. Since 2020 the editor has been Anna Fifield. History ''The Dominion Post'' was created in July 2002 when Independent Newspapers Limited (INL) amalgamated two Wellington printed and published metropolitan broadsheet newspapers, '' The Evening Post'', an evening paper first published on 8 February 1865, and '' The Dominion'', a morning paper first published on Dominion Day, 26 September 1907. ''The Dominion'' was distributed throughout the lower half of the North Island, as far as Taupo, where it met with Auckland's ambitiously named ''The New Zealand Herald''. ''The Evening Post'' was not so widely distributed, but had a much greater circulation than ''The Dominion''. INL sold ...
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Call Centre
A call centre ( Commonwealth spelling) or call center (American spelling; see spelling differences) is a managed capability that can be centralised or remote that is used for receiving or transmitting a large volume of enquiries by telephone. An inbound call centre is operated by a company to administer incoming product or service support or information enquiries from consumers. Outbound call centres are usually operated for sales purposes such as telemarketing, for solicitation of charitable or political donations, debt collection, market research, emergency notifications, and urgent/critical needs blood banks. A contact centre is a further extension to call centres telephony based capabilities, administers centralised handling of individual communications, including letters, faxes, live support software, social media, instant message, and email. A call center was previously seen to be an open workspace for call center agents, with workstations that include a computer and d ...
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Bank Of New Zealand
Bank of New Zealand (BNZ) is one of New Zealand's Big Four (banking), big four banks and has been operating in the country since the first office was opened in Auckland in October 1861 followed shortly after by the first branch in Dunedin in December 1861. The bank operates a variety of financial services covering retail banking, retail, business and institutional banking and employs over 5,000 people in New Zealand. In 1992 the bank was purchased by the National Australia Bank and has since then operated as a subsidiary, but it retains local governance with a New Zealand board of directors. As of June 2022, BNZ is the second largest bank operating in New Zealand, with a market share of 19.1%. History * 1861: The Bank of New Zealand formed as a private company and incorporated by The New Zealand Bank Act 1861 creating the company and authorising it to issue banknotes. First branch in New Zealand opened in Queen Street, Auckland, Queen Street in Auckland and a Dunedin branch ...
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State Insurance
State Insurance is an insurance company based in New Zealand. , it is a business division of IAG New Zealand, a subsidiary of Insurance Australia Group. History State Insurance was formerly called the State Insurance Office. Previously, it had been the State Fire and Accident Office. The State Insurance Act 1990 repealed the State Insurance Act 1963 and created State Insurance as a state-owned enterprise. In late 2014, State closed all but one of its branches saying that 94% of customers were conducting their business online or over the phone. The branch in Riccarton, Christchurch, remained open due to the specific customer needs in the area surrounding the 2011 Christchurch earthquake, until it closed in 2020. The company has had well-known commercials that feature the song "Break My Stride "Break My Stride" is a song performed by American recording artist Matthew Wilder. It was released in October 1983 as the lead single from his debut album, '' I Don't Speak the Langu ...
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Foodstuffs (company)
Foodstuffs (NZ) Ltd is a New Zealand grocery company owned by the retailers' cooperatives, Foodstuffs North Island Limited and Foodstuffs South Island Limited. Together, the two cooperatives collectively control an estimated 53% of the New Zealand grocery market. The group owns retail franchises Four Square, New World and Pak'nSave, in-store private labels Pam's, Pam's Finest, and Value (formerly named Budget) Foodstuffs' major competitor is the New Zealand division of the Australian Woolworths Group through their main supermarket chain Countdown, creating an effective duopoly in New Zealand's supermarket industry. History The first Foodstuffs co-operative was formed in Auckland in 1922. On 6 July 1922, Foodstuffs founder J Heaton Barker called together members of the Auckland Master Grocers' Association to discuss plans for the formation of a co-operative buying group. The buying group expanded in 1925 with the introduction of Four Square branding on members' stores. Simil ...
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Flybuys (New Zealand)
Flybuys, formerly Fly Buys, is New Zealand's largest customer loyalty scheme. It is administered by Loyalty New Zealand, which is owned equally by Bank of New Zealand, Foodstuffs, IAG New Zealand and Z Energy. The programme has over 2.4 million members, representing 74 per cent of New Zealand households. Members collect points from over 50 participating brands. History Fly Buys was launched in New Zealand in 1996. Loyalty New Zealand was established by its owners to operate the programme under licence from Loyalty Pacific, which launched the Australian Flybuys programme in 1994. The structure of the programme very closely matched the structure of its namesake programme in Australia at the time. In the first 89 days of the scheme, 300,000 households signed up for a membership. In 2008, Fly Buys launched a programme for small to medium-sized businesses to earn points. Telecom New Zealand withdrew from Fly Buys at the end of 2008. In 2009, Fly Buys launched Fly Buys Music ...
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Radio New Zealand
Radio New Zealand ( mi, Te Reo Irirangi o Aotearoa), commonly known as Radio NZ or simply RNZ, is a New Zealand public-service radio broadcaster and Crown entity that was established under the Radio New Zealand Act 1995. It operates news and current-affairs network, RNZ National, and a classical-music and jazz network, RNZ Concert, with full government funding from NZ on Air. Since 2014, the organisation's focus has been to transform RNZ from a radio broadcaster to a multimedia outlet, increasing its production of digital content in audio, video, and written forms. The organisation plays a central role in New Zealand public broadcasting. The New Zealand Parliament fully funds its AM network, used in part for the broadcast of parliamentary proceedings. RNZ has a statutory role under the Civil Defence Emergency Management Act 2002 to act as a "lifeline utility" in emergency situations. It is also responsible for an international service (known as RNZ Pacific); this is broadcas ...
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Commerce Commission
The Commerce Commission ( mi, Te Komihana Tauhokohoko) is a New Zealand government agency with responsibility for enforcing legislation that relates to competition in the country's markets, fair trading and consumer credit contracts, and regulatory responsibility for areas such as electricity and gas, telecommunications, dairy products and airports. It is an independent Crown entity established under the Commerce Act 1986. Although responsible to the Minister of Commerce and Consumer Affairs and the Minister of Broadcasting, Communications and Digital Media, the Commission is run independently from the government, and is intended to be an impartial promotor and enforcer of the law. The Commission undertakes investigations into potential breaches of the Commerce Act 1986 and where appropriate, takes court action. It considers applications for authorisations and clearances in relation to anti-competitive behaviour and mergers, in circumstances where the public benefit outweighs ...
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New Zealand Dollar
The New Zealand dollar ( mi, tāra o Aotearoa; sign: $, NZ$; code: NZD) is the official currency and legal tender of New Zealand, the Cook Islands, Niue, the Ross Dependency, Tokelau, and a British territory, the Pitcairn Islands. Within New Zealand, it is almost always abbreviated with the dollar sign ($). "$NZ" or "NZ$" are sometimes used when necessary to distinguish it from other dollar-denominated currencies. Introduced in 1967, the dollar is subdivided into 100 cents. Altogether it has five coins and five banknotes with the smallest being the 10-cent coin; smaller denominations have been discontinued due to inflation and production costs. In the context of currency trading, the New Zealand dollar is sometimes informally called the "Kiwi" or "Kiwi dollar", since the flightless bird, the Kiwi (bird), kiwi, is depicted on its New Zealand one-dollar coin, one-dollar coin. It is the tenth most traded currency in the world, representing 2.1% of global foreign exchange marke ...
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