In The News

What do franchise buyers really want? 27th November 2024

Considerations, concerns, drivers and doubts, experiences and expectations; prospective franchisees across Aotearoa have spoken. With lessons for buyers and sellers alike, the 2024 New Zealand Prospective Franchisee Research survey is the second in a series conducted by Franchize Consultants and Franchise New Zealand media. 

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From Subway to Sushi Sushi 26th November 2024

Well-known faces, and old friends, from the Subway franchise scene are breathing life into more QSR brands in Aotearoa.

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Back in the band? 12th November 2024

The November 2024 Westpac Quarterly Economic Overview will bring music to many ears...

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Celebrating Excellence - 2024 Franchise Award Winners 9th November 2024

Winning franchises are a driving force for building a bright future. The results of the 2024 Westpac New Zealand Franchise Awards brought two new Supreme winning brands to the podium.

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New Code of Practice and Ethics 30th October 2024

A revised, updated singular document has been unveiled by the Franchise Association of New Zealand to steer best practice in franchising.

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AEWV clampdown since changes announced 30th October 2024

Immigration New Zealand has released updates and figures on visas processed, investigations and suspensions against accredited employer since changes to AEWV scheme in April.

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Best practice reminder as immigration scheme imposes fines 24th October 2024

So far, $196,000 of penalties have been issued through the Immigration Employment Infringement Scheme.  

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Franchising health check shows strong pulse 21st October 2024

Findings of the 2024 Franchising New Zealand survey conducted by the Massey University Business School show that franchising is in solid shape.  

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OCR drops further 9th October 2024

The Reserve Bank of New Zealand cuts the OCR by 50bps to 4.75%, meeting Westpac and market expectations.

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Business leaders' optimism at highest level since 2016 2nd October 2024

The annual Mood of the Boardroom report published by the New Zealand Herald today shows reasons for optimism, in some sectors...

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And the 2024 awards finalists are... 27th September 2024

The Westpac New Zealand Franchise Awards recognise the best among our nation's franchising folk. This year’s finalists have been named…

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Foodstuffs North Island claims facial recognition success 24th September 2024

Supermarkets' trial of facial recognition technology credited for reduction in crime.

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Having it all - is it a myth? 12th September 2024

Family and personal commitments are pushing women out of their own businesses, says Auckland University research.

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AI Activator to support businesses adopt transformative tech 11th September 2024

AI tech competence boost for businesses launched at 11 September summit

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Paying with your face: ready or not? 4th September 2024

Are your customers ready to embrace facial recognition payment technology?

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From teen pizza maker to big cheese 23rd August 2024

Domino's appoints first female CEO of Aus-NZ region

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New FANZ board elected at AGM 22nd August 2024

Franchise Association of New Zealand held its AGM yesterday, at which a new board was appointed. 

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'Rolling maul' recession nearing finish line 6th August 2024

So says the New Zealand Economic Overview August 2024, Westpac's outlook for the New Zealand economy, fiscal policy, the global economy, financial markets, and the primary sector

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Consultation on reduction of card payment fees 25th July 2024

Commerce Commission sees potential for over $250m reduction in payment fees for New Zealanders.

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Work/life balance over pay? 12th July 2024

Shift in Kiwi employee priorities: 45% say work-life balance comes before salary, study finds 

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Franchisors - have your say 11th July 2024

New Zealand franchisors are being encouraged to participate now in the Franchising NZ 2024 survey

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Sad loss to the franchise community 8th July 2024

8 July 2024 - Franchise New Zealand is saddened to learn of the death of David Munn, one of New Zealand's franchise pioneers

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Bacon ice cream? Voice bot ditch after glitch 2nd July 2024

Fast food giant reverts to humans for drive-thru ordering across USA after three-year trial of AI tech reveals clangers.

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Matariki: Your rights and responsibilities 25th June 2024


With Matariki being marked this Friday 28 June, it's a timely reminder for employers and employees to refresh their understanding of their rights and responsibilities during this public holiday.


MBIE Labour Inspectorate Compliance Manager - Northern David Milne says it’s important for employees to know their minimum rights on public holidays, and for employers to understand their obligations.


'If a public holiday falls on a day that employees would otherwise be working, the employer must still pay them a full paid day off,' says David. 'If employees are working on a public holiday, then they’re entitled to be paid time and a half, and they may also get an alternative day off.'


Unlike Christmas Day, Good Friday, Easter Sunday and until 1pm on Anzac Day, there are no trading restrictions for Matariki or other public holidays.


Employees can only be made to work on a public holiday if it falls on a day that they would normally be working, or if their employment agreement confirms that they should be working on the public holiday.


For further information on public holidays, employers’ responsibilities and employee rights, see Public Holidays - Employment New Zealand.


 

Read more at https://franchise.co.nz/fra...


Former CEO of McDonald's NZ dies 24th May 2024

24 May 2024 – Franchise New Zealand is very sorry to learn of the death of Al Dunn, the former CEO of McDonald's from 1993-2004.

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Wendy's NZ sold to world's largest franchisee 21st May 2024

Wendy’s NZ has been bought by American franchise giant Flynn Group for an undisclosed sum. The New Zealand master licence for the American burger chain was put up for sale in 2022 by the Lendich family, who have operated the business here since 1988. The company has over 20 restaurants in New Zealand, all operated directly by the master franchisee.


The USA-based Flynn Group has more than 2,600 units globally with a combined turnover of US$4.5 billion. It has franchises for Applebees, Arby's, Panera Bread, Pizza Hut, Taco Bell, Wendy's and Planet Fitness. Flynn Group first entered the Wendy’s system in 2021 with the acquisition of 190+ restaurants in the USA, and in 2023 acquired Wendy’s master licence for Australia with the goal of building 200 restaurants by 2024.


See more at https://www.franchisetimes.com/franchise_mergers_and_acquisitions/flynn-group-bolsters-international-portfolio-with-wendys-new-zealand-acquisition/article_f550c072-16e8-11ef-b38c-c3255b1441d7.html 

Read more at https://www.nzherald.co.nz/...


Date announced on visa changes for franchisees 16th May 2024

16 May 2024 – Changes to the Accredited Employer Work Visa scheme (AEWV) announced on 7 April will come into force next month, it was announced today. Franchisees will then be treated equally to other employers.

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Economic outlook – spring will come … 15th May 2024

15 May 2024 – The latest Economic Overview from Westpac says spring will come for New Zealand, although we need to do the hard yards through winter first. How will this affect prospects for franchisors and franchisees?

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New podcast: FANZ Chair Brad Jacobs 14th May 2024

Listen as Brad discusses his origins in franchising, why he joined the Franchise Association of New Zealand’s board, the state of franchising in New Zealand, how the Franchise Association of New Zealand advocates for New Zealand franchisors and franchisees, and so much more. This is one of a series of podcasts on franchising produced by Franchise New Zealand's new owners, Eden Exchange. 

Read more at https://www.edenexchange.co...


UPDATE: Fair deal for franchisees delayed 3rd May 2024

Changes to the Accredited Employer Work Visa (AEWV) scheme to disestablish the special franchisee accreditation category have been delayed. Sources say that the delay is owing to 'IT issues'. No firm date has been given for the resolution of these; estimates given have ranged from mid-June to up to three months.

Read more at https://franchise.co.nz/art...


Fast food brands show strong growth in NZ 3rd May 2024

2 May 2024 – Restaurant Brands’ sales in New Zealand were up by more than 15 percent in the first quarter of 2024

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New faces at Franchise New Zealand 30th April 2024

March 2024 – Meet the growing team behind Franchise New Zealand

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Franchise conference registrations open now 29th April 2024

With an expanded speaker line up and innumerable networking opportunities, this year's National Franchise Conference promises plenty as early bird registrations open.

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Declining job market could be good news for franchising 26th April 2024

Figures released this week show a significant dip in the jobs market in Aotearoa - but what does this mean for franchise opportunities across the country?

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Clean break - franchisee retires after 24 years 23rd April 2024

After a career with CrestClean spanning three decades, Christchurch franchisee Grant Holland is taking many memories away from his work as he finally packs up his cleaning equipment. 

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Fair deal for franchisees as Government announces visa changes 7th April 2024

7 April 2024 updated 2 May 2024 –  Changes to the Accredited Employer Work Visa (AEWV) scheme to disestablish the special franchisee accreditation category have been delayed. Once enacted, the changes will enable franchisees to apply to bring in workers from overseas through the standard, high-volume, or triangular employment accreditation.

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NZ real estate franchise set to expand to Australia 5th April 2024

Kiwi firm Bayleys is set to expand into Australia if a joint bid with Knight Frank for Sydney's McGrath real estate agency is approved. The business comprises a franchise arm, company-owned operations, project marketing and a mortgage broking business, Oxygen Home Loans.


Knight Frank is one of the largest residential specialist agencies in Europe but less so in Australia, while the New Zealand-based Bayleys is keen to expand into the east coast of Australia. Bayleys managing director Mike Bayley told the Brisbane Times that he views the partnership with McGrath and Knight Frank as a 'collaboration of leading real estate companies servicing markets on both sides of the Tasman whilst providing unprecedented global reach.'

Read more at https://www.brisbanetimes.c...


More penalties for employers who exploit migrant workers 2nd April 2024

3 April 2024 – New infringement penalties for employers who take advantage of migrant workers could see them lose accredited employer status, face fines over $1000, or even face criminal charges

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Training programmes - improving franchisee performance 28th March 2024

Four training programmes being held in May/June/July 2024 are designed to address the needs of the owners and managers of franchise systems, field managers and support office staff

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Niche retailer to close 20th March 2024

21 March 2024 – Vacuum cleaner retailer Godfreys will close all stores across Australia and New Zealand by the end of May after failing to find a buyer for the business. Godfreys appointed administrators in late January to both the Australian parent company and its New Zealand subsidiary. It had 25 stores in New Zealand, 9 of which were franchised. Franchisees were informed Godfreys could no longer support them and had until the end of March to sell existing stock or return stock sold to them during the administration.

Read more at https://www.nzherald.co.nz/...


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