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Economy
First look at NZICC, and SkyCity's hopes for $70m fund
SkyCity's COO says a new govt fund should help fill empty hotel rooms across Auckland.
Primary Sector
The dealmakers behind Fonterra’s $4.2b Mainland sell-off
The lawyers and bankers who made the deal.
Primary Sector
Northland goat farmers secure lifeline in bank standoff
There were 51 farm debt mediations completed in the past 12 months.
Markets
Market Close
NZX 50 dips despite Fletcher Building's 4.6% gain
Pacific Edge shares gained after it said it got a step closer to Medicare approval.
Finance
Real estate industry wants AML levy exemption
The real estate industry is warning an AML levy will drive up costs in the sector.
Opinion
Dileepa Fonseka: Polarisation: from talkback to the trading desk
Political polarisation is becoming more of a worry for NZ investors.
Finance
Banks revise economic outlooks for Q2 GDP contraction
Economists now see NZ's GDP contracting in Q2, but doubt a technical recession in Q3.
The Life
My Net Worth: Matt Wong, iFly CEO
“I don't want to see local government shaped by a whole bunch of oldies.”
Primary Sector
Startup finds cyclone refuge at food tech hub
Foodeast Haumako aims to cut scale-up costs for precision fermentation startups.
On the Money
On the Money: Peter 'Utopia' Nunns, Stuart Nash, and more
OTM ponders whether it is time for a NZ Utopia series, among other ideas.
News in Brief
Opinion
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Opinion
Dileepa Fonseka: Polarisation: from talkback to the trading desk
Political polarisation is becoming more of a worry for NZ investors.
Opinion
Simon Robertson: The All’s, the In’s, the outs and AI …
Discussing the future of the West and humanity is bone-chilling.
Opinion
Peter Griffin: Search and rescue: Google given a lifeline
The digital economy deserves more than ceremonial change.
Opinion
Cameron Bagrie: The great inflation moderation
There is always a cost associated with inflation.
The Wall Street Journal
Amazon’s satellite internet venture signs up its first airline
JetBlue plans to use Kuiper satellite internet on 25% of its fleet.
Investigations
Investigations
Mander’s ‘aggressive’ Rakon showdown draws fire
The NZSA boss says he was protecting small shareholders. Some say he’s damaged Rakon.
Investigations
Kāpiti council boss' $43k Harvard trip
Mayor defends overseas training spend as investment in council performance.
Investigations
Rakon's founding family's board battle
Brent Robinson and Rakon's major Taiwanese shareholder aren't backing chair-elect.
Investigations
School lunch plan reheated
Surprise open tender opens the door to more flexible pricing.
Investigations
Simmonds bins official advice on waste policy
Officials pushed for planned targets, bans and mandates. Simmonds overruled them.
Investigations
Exclusive
From prime to offal: Cheap cuts in school lunches
Supplier switches to offal blend, raising cost and transparency questions.
Productivity Unleashed
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Productivity Unleashed
Artificial Intelligence
From kākāpō to payroll: AI in Govt
DoC, ACC, and MBIE are among the agencies turning to AI.
Productivity Unleashed
Video
Building cheaper, faster, better
How can NZ get smarter at building large projects?
Editor's Picks
Housing
How rising house prices hurt productivity
Luxon is hoping house prices rise, but productivity may not follow.
Top Gainers
| Pacific Edge | $0.199 | 24.38% |
| Fletcher Building | $3.180 | 4.61% |
| ikeGPS Group | $0.960 | 4.35% |
| Accordant Group | $0.300 | 3.45% |
| My Food Bag | $0.230 | 2.22% |
Top Decliners
| General Capital | $0.260 | -5.45% |
| Synlait | $0.720 | -3.36% |
| Private Land and Property Fund | $1.300 | -2.26% |
| Rakon | $0.870 | -2.25% |
| Investore | $1.140 | -2.15% |
Top Gainers
| Pacific Edge Limited | $0.185 | 32.14% |
| Vulcan Steel | $4.200 | 11.87% |
| Fletcher Building | $2.850 | 4.78% |
| POWERHOUSE VENTURES LIMITED | $0.120 | 4.35% |
| Mercury | $6.300 | 3.24% |
Top Decliners
| ikeGPS Group | $0.870 | -4.02% |
| Chorus | $8.550 | -3.56% |
| AROA BIOSURGERY LIMITED | $0.695 | -2.57% |
| Kathmandu Holdings | $0.215 | -2.27% |
| DGL Group | $0.485 | -2.08% |
Finance
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Finance
Real estate industry wants AML levy exemption
The real estate industry is warning an AML levy will drive up costs in the sector.
Finance
Banks revise economic outlooks for Q2 GDP contraction
Economists now see NZ's GDP contracting in Q2, but doubt a technical recession in Q3.
Finance
Net assets down, losses widen in Macquarie Group NZ's FY
Financial group books wider full-year loss as net assets slip.
Finance
Craigs' sweet spot for golden visa investors
Billionaires can go solo. For other wealthy investors, there's Craigs' new fund.
Finance
Rates capping could hit council credit ratings
Treasury warns rates are ‘significantly below’ sustainable levels.
Technology
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Technology
The Business of Tech Podcast
Aussie’s lessons for a stronger economy
This week, Peter talks to Dr Cathy Foley, Australia’s former chief scientist.
Investments
Investments
Simon Robertson: The All’s, the In’s, the outs and AI …
Discussing the future of the West and humanity is bone-chilling.
Investments
Small Cap Wrap
Why Savor Group won't sell you lamb cutlets
Plus, its D-day for Tait's Vital takeover, and more.
Investments
How RFK Jnr's Medicare reform could aid this NZ firm
'Wild west' conditions hampered its US push. They could be changing.
Investments
Vista's new shareholders revealed
Flurry of NZX notices show who's been buying Vista shares – and selling too.
Investments
Mike Taylor: NZ investors need to consider jumping the Ditch
The Australian share market offers size, diversity and growth potential.
The Life
The Life
Lamborghini’s noisy play for attention
It has a radical aerodynamic shape and a top speed over 200 mph (322kph).
The Life
My Net Worth: Matt Wong, iFly CEO
“I don't want to see local government shaped by a whole bunch of oldies.”
The Life
Review
A bright light among Auckland's accommodation offerings
Inner-city Hotel Indigo is also dog-friendly.
The Life
Review
Mother Play: a play in five evictions at Q Theatre
This is theatre that lingers, theatre rooted in memory. Don’t miss it.
Business Advice
Business Advice
Free
Shelley Palman: How to recognise employees without pay rises
A new survey reveals that businesses are trying to support staff in other ways.
Business Advice
Rachael Judge: Can you be an influencer and keep your day job?
The more public your role, the more likely it is to reflect on your employer.
Business Advice
Former Telecom chair Wayne Boyd honoured
Honours recognition for a lifetime of low-key, high-quality leadership.
Sponsored
Future leaders start by Dreaming Big
How OnBeingBold empowers Year 13 girls at free leadership events.
Sponsored
Free AI training blitz targets 10,000 Kiwis
Workshops aim to close NZ’s AI skills gap and boost productivity – no tech skills required.
Sponsored
Are employers doing enough to prepare workers to retire well?
When one third of the New Zealand workforce is aged 55 or older – are employers doing enough to help them prepare for retirement?
Markets
Markets
Market Close
NZX 50 dips despite Fletcher Building's 4.6% gain
Pacific Edge shares gained after it said it got a step closer to Medicare approval.
Property
Property
Ryman pulls $240m retirement village plans, lists premium Christchurch land for sale
CBRE described the property as a ‘generational’ development opportunity.
Law & Regulation
Law & Regulation
ANZ agrees to record A$240m fine for widespread misconduct
ANZ has agreed to pay the largest penalty its Australian regulator has ever issued an entity in one go, due to failings in the bank’s dealings with both the Government and its retail customers.ANZ and the Australian Securities and Investments Commission (ASIC) will ask the Federa...
Energy
Energy
Analysis
What will ministers tell electricity bosses?
The urge for electricity market reform is strong, but needs to solve the right problems.
Primary Sector
Primary Sector
Northland goat farmers secure lifeline in bank standoff
There were 51 farm debt mediations completed in the past 12 months.
Sustainable Finance
Sustainable Finance
NZ should welcome Chinese cleantech expertise: Lord Turner
The election of Donald Trump meant a ‘wrenching change’ in US climate policy.
Public sector
Public sector
Wellington Council enlists Deloitte for wider restructure
New CEO Mike Prosser told staff the council needs to 'do the basics right'.
Media
Media
BusinessDesk appoints Andy Macdonald
Macdonald takes on the role of senior corporate finance correspondent.
Infrastructure
Infrastructure
150 years of infrastructure spending going ‘boom’
We actually spend a lot more on infrastructure than you might think.