Heartland Group's purchase of an Australian bank and its banking licence is "another-level game-changer", chief executive Jeff Greenslade says. The dual-listed company said on Monday it had indicative
Mainfreight’s Australian pre-tax profit has more than doubled in its first 17 weeks of trading this financial year as the global logistics group grabs market share across the Tasman. Australia had b
The self-inflicted woes besetting PwC Australia haven’t crept across the Tasman, with government agencies confident there hasn’t been a similar misuse of tax information in New Zealand. The Aust
Summary Mothballed international terminals are decked out with welcome banners, and CEOs and executives are preparing to fly between New Zealand and Australia to see staff (and family) they have not
Entrada Travel Group is operating the biggest land-based transport companies on both sides of the Tasman after buying Greyhound Australia as it looks to take advantage of the return of international t
Freightways is lining up its ducks for a dual listing on the Australian securities exchange (ASX). “With Australia now representing a more significant share of Freightways’ activities, a dual l
As the old saying has it, Australians would bet on two flies crawling up a wall. Looking at the amount of speculative dross traded on the Australian sharemarket, mostly in explorers or bio-techs, it
Kathmandu said it is slowly re-opening in Australia, with the majority of its Rip Curl and Kathmandu outlets to be open by the end of the week. However back in New Zealand a head office restructure th
(Bloomberg) -- Ares Management Corp has raised A$2.6 billion (NZ$2.7b) for a credit fund for Australia and New Zealand, as it seeks to capitalize on opportunities created by banks retreating from leve
(Bloomberg) - Prime minister Anthony Albanese will unveil longer business visas and an A$2 billion (NZ$2.1b) financing facility as the centrepiece of a package to drive Australian trade and investment
Prime minister Christopher Luxon is off to Melbourne on Tuesday to meet his Southeast Asian counterparts. He’ll also meet key trans-Tasman business leaders on his two-day trip across the Ditch. Luxo
By Georgina McKay, with assistance from Zhuo Zhang Consumer spending, China’s economic stimulus and potentially higher dividend payouts are in focus as Australia’s earnings season gathers pace thi
(Bloomberg) - Australia should impose a carbon levy on fossil fuel producers to accelerate efforts to meet climate targets, according to billionaire mining-to-clean energy tycoon Andrew Forrest. “It
The Australian Competition and Consumer Commission has signalled it will grant authorisation to Air New Zealand and Virgin Australia for a five-year trans-Tasman codeshare agreement. Public consultati
Heartland Group chief executive Jeff Greenslade says the bank’s potential growth in the Australian market is a “pretty exciting” opportunity for the company. Yesterday, the dual-listed banking g
Fonterra Australia said it has contingency plans in place as more than 1,400 workers are planning a 48-hour strike at different Victorian processing plants from Wednesday. “We have mobilised a cr
By Adam Haigh PwC Australia is putting nine senior partners on leave and appointing independent directors to its board as the embattled firm seeks to claw back confidence in the wake of a tax scandal.
A week before the hacking of New Zealand’s parliament hit the spotlight, Australia’s high commissioner to New Zealand highlighted just how seriously Australia is taking the cybersecurity threat. A
Australia and the Philippines have signed an agreement to boost collaboration on maritime security, including “promoting respect for international law”, in the latest sign of their deepening defen
By Stuart Condie Australia plans to toughen its corporate merger rules amid regulators’ and public concerns that market concentration is restricting competition in key industries and adding to infla
An Australian entity related to a New Zealand liquor company that gave away a nearly $400,000 car is in liquidation after a successful court application. Let’s Go Beverages – the NZ entity – is
InterCity bus operator Entrada Travel Group is beefing up its trans-Tasman position with the purchase of Greyhound Australia for an undisclosed sum. The travel company, jointly owned by Tranzit Grou
By Swati Pandey (Bloomberg) -- Australia’s interest-rate settings are “a bit too low” to rapidly stamp out inflation and as a result, policy easing is only likely to begin in the second half o
Australia and New Zealand Banking Group is one of the biggest banking companies in Australasia.The bank provides a wide range of services such as; personal banking, mortgages, consumer finance, wealth
Investment and advisory firm Jarden is parting company with Credit Suisse Australia. In a joint statement, the firms said they had agreed to exit their formal strategic alliance, given the evolving st
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