Cook Strait 'fiasco' troubles Mainfreight
Infrastructure

Cook Strait 'fiasco' troubles Mainfreight

Managing director Don Braid sees roads and rail as complementary modes.

Fonterra wasn’t expecting ‘strong’ consumer margins to hold up
Primary Sector

Fonterra wasn’t expecting ‘strong’ consumer margins to hold up

The consumer channel’s gross margin for the quarter was 26.5%.

Education ministry breaches hundreds of people’s privacy
Business of Education

Education ministry breaches hundreds of people’s privacy

The mistake was revealed after BusinessDesk queried a dataset it had received.

Primary Sector

Plan to save ‘cash-strapped’ Cannasouth put forward

The NZX-listed group went into voluntary administration in March.

Plan to save ‘cash-strapped’ Cannasouth put forward
Opinion

Peter Griffin: Our woeful underinvestment in tech skills development

Govt needs to devote due attention and resources to domestic tech skills development.

Our woeful underinvestment in tech skills development
Law & Regulation

Uncertainties and cost pressures underpin increasing electricity costs

ComCom allows a large increase in costs, but not as much as lines companies want to spend.

Uncertainties and cost pressures underpin increasing electricity costs
Markets

Fisher & Paykel boss gets $1m pay boost

Medical device maker nails result, and Lewis Gradon doubles discretionary remuneration.

Fisher & Paykel boss gets $1m pay boost
Technology Free Business of Tech podcast

Mfat bungles IT project; Building NZ's digital twin

What happened with Mfat's IT failure? Should we all be talking about digital twins?

Mfat bungles IT project; Building NZ's digital twin
Business of Education

Market-orientation leading to ‘decline of the university as a cultural institution’

Academics had a litany of criticisms for the tertiary sector's direction of travel.

Market-orientation leading to ‘decline of the university as a cultural institution’
Markets Market close

F&P Healthcare, Mainfreight gains not enough to lift NZ sharemarket

The S&P/NZX 50 Index closed at 11,678.68, down 3.83 points or 0.03%.

Graham Skellern 29 May 2024
F&P Healthcare, Mainfreight gains not enough to lift NZ sharemarket
Markets

Metroglass to address 'material uncertainties'

It expects to formalise a capital raise in the coming weeks. 

Rebecca Howard 29 May 2024
Metroglass to address 'material uncertainties'
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Opinion

Our woeful underinvestment in tech skills development
Technology

Peter Griffin: Our woeful underinvestment in tech skills development

Govt needs to devote due attention and resources to domestic tech skills development.

Conduct re-reforms promise pain relief, FMA on steroids

David Chaplin: Conduct re-reforms promise pain relief, FMA on steroids

The step-up in FMA power is certain to wind up the financial services industry.

David Chaplin 29 May 2024
What will Budget 2024 reveal for social investment?
Finance

Adithi Pandit: What will Budget 2024 reveal for social investment?

Everyone loves the idea of social investment – but it needs defining. 

Adithi Pandit 29 May 2024
Five tips when buying a business
Business Advice

Georgina Toomey: Five tips when buying a business

Buying an established business can avoid the hassle of starting from scratch. 

Georgina Toomey 29 May 2024

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Business Advice

Five tips when buying a business
Opinion

Georgina Toomey: Five tips when buying a business

Buying an established business can avoid the hassle of starting from scratch. 

Georgina Toomey 29 May 2024
When consultation trumps confidentiality
Law & Regulation

Rebecca Rendle: When consultation trumps confidentiality

Commercial transactions can have employee consultation requirements.

Rebecca Rendle 24 May 2024
Fail file: Jim Farmer KC – barrister

Fail file: Jim Farmer KC – barrister

Jim Farmer has taken on the crown – and won. 

Victoria Carter 18 May 2024


Investigations

Supercharging social housing
Politics Business of social housing

Supercharging social housing

Is this the moment to bring together social housing and social investment?

Nikitin Sallee 09 May 2024
A billion for buses: where MOE money goes
Transport

A billion for buses: where MOE money goes

Student transport is one of the Ministry of Education's biggest external costs.

Murray Jones 17 Apr 2024
'Valley of death': Connecting uni research with the private sector
Services

'Valley of death': Connecting uni research with the private sector

Commercialisation of schemes losing battle for resources to other university functions.

Andrea Malcolm 10 Apr 2024

Business Productivity

Pathways to prosperity within the Māori economy
Sponsored

Pathways to prosperity within the Māori economy

It’s time to unlock the productivity of Māori land and business.

ASB
Boosting rural growth with innovation
Sponsored

Boosting rural growth with innovation

Productivity and sustainability go hand in hand for the rural sector

ASB
Building confidence and capability is the key to boosting productivity
Sponsored

Building confidence and capability is the key to boosting productivity

In the pack houses of Hawke’s Bay apple growers, smart cameras scan the apples looking for blemishes and grading the fruit to ensure only the best is selected for domestic and international markets.

ASB

Top Gainers


ikeGPS Group $0.465 5.68%
NZ Windfarms $0.114 5.56%
Fisher & Paykel Healthcare Corporation $28.750 3.94%
Foley Wines $0.830 3.75%
Serko $3.150 3.62%

Top Decliners


Fonterra Shares $2.710 -5.90%
Oceania Healthcare $0.560 -5.08%
Michael Hill International $0.485 -4.90%
Scott Technology $2.180 -3.96%
New Zealand King Salmon Investments $0.245 -3.92%

Top Gainers


STRAKER TRANSLATIONS LIMITED $0.520 6.19%
Fisher & Paykel Healthcare Corporation $26.640 4.68%
Fonterra Shareholders' Fund $3.600 4.37%
AROA BIOSURGERY LIMITED $0.550 3.85%
Vulcan Steel $4.940 3.35%

Top Decliners


NEUREN PHARMACEUTICALS LIMITED $20.820 -9.95%
a2 Milk Company $7.050 -3.89%
Summerset Group $9.160 -2.99%
Smartpay Holdings Limited $1.230 -2.38%
Heartland Group Holdings $0.935 -2.12%

Technology


Investments

Keeping your KiwiSaver friends close
Markets

Paul McBeth: Keeping your KiwiSaver friends close

The FirstCape merger is a good time to ponder where financial services alliances lie.

Paul McBeth 21 May 2024
Podcasts Free Cooking the Books podcast

How to tell the scammers from the do-gooders, in ethical investing

 How to spot the true ethical investments that aren’t greenwashing.

Frances Cook 20 May 2024
How to tell the scammers from the do-gooders, in ethical investing
Cryptocurrency Free Cooking the Books podcast

Is bitcoin legit now?

Has the once-fringe investment finally gone fully mainstream?

Frances Cook 13 May 2024
Is bitcoin legit now?
Technology

2024 could be a ‘bumper year’ for startups - Icehouse

After two years of sliding startup investment, 2024 may be the year things look up.

Ben Moore 13 May 2024
2024 could be a ‘bumper year’ for startups - Icehouse
Books Review: Warren and Bill

The mateship behind the gift of $65 billion to charity

Scepticism about inherited wealth guides Buffett’s donations to Gates' foundation. 

The mateship behind the gift of $65 billion to charity

The Life

Land Rover Defender 110 takes luxury to new heights
Cars

Land Rover Defender 110 takes luxury to new heights

When you are driving to somewhere as spectacular as Lindis Lodge, do it in style. 

Helen van Berkel 26 May 2024
Publisher Wendy Pye shares her story

Publisher Wendy Pye shares her story

The Auckland-based publisher has now released a book of her own.

Greg Hurrell 26 May 2024
My Net Worth: Nicola Willis, minister of finance
My Net Worth

My Net Worth: Nicola Willis, minister of finance

Economy overlord's early dreams were about writing poems and novels, not being an MP. 

Jem Traylen 26 May 2024

Markets

TradeWindow narrows losses, grows revenue
News in Brief

TradeWindow narrows losses, grows revenue

TradeWindow has narrowed its losses and grown revenue by 26% in what it describes as the company’s most challenging year.In the 12 months to the end of March, the global trade software business recorded revenue of $6.2 million with a net loss after tax of $8m.That’s compared to r...