Wolfbrook buys Du Val property management business
Property

Wolfbrook buys Du Val property management business

But property owners want the same favourable terms they had under Du Val.

Air NZ announces $100m share buyback
Markets

Air NZ announces $100m share buyback

The buyback targets about 2.5% of the airline's issued capital.

Auckland Airport asks questions about airline competition
Infrastructure

Auckland Airport asks questions about airline competition

Regional NZ flyers are bearing a particular brunt, the airport says.

Infrastructure

Fletcher Building cuts more than 500 jobs

Fletcher is overachieving in cost cutting, managing director Andrew Reding says.

Fletcher Building cuts more than 500 jobs
Finance

Officials MIA on banking competition, say critics

Over-regulation of the banking sector is blamed for stifling competition.

Officials MIA on banking competition, say critics
Markets

‘I want to get my life back’: Ebos’ John Cullity

He's ‘had a great run’, but the Ebos CEO says it’s time to recalibrate and reset.

‘I want to get my life back’: Ebos’ John Cullity
The Wall Street Journal

Rio profit up, but fall in China iron-ore demand hits earnings

World’s second-biggest miner records net profit of US$11.55 billion.

Rio profit up, but fall in China iron-ore demand hits earnings
Primary Sector

Westpac looks seaward to boost NZ's economy

A senior scientist says less red tape could transform the aquaculture industry.

Westpac looks seaward to boost NZ's economy
Economy

Tourism industry struggles to keep up

Where to for NZ tourism in the long-term after NZ is done with its Briscoes-style sale?

Tourism industry struggles to keep up
Infrastructure

Manukau Harbour port option ‘technically feasible’

Dredging a channel and port area would take several years and up to $1.2b.

Manukau Harbour port option ‘technically feasible’
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Opinion

How politics is trumping investments
Investments

David Chaplin: How politics is trumping investments

Governments are trying to meddle in investment funds. 

David Chaplin 19 Feb 2025
Animal spirits are back in fashion in NZ
Politics

Dileepa Fonseka: Animal spirits are back in fashion in NZ

Complaints that NZ is just too comfortable are back in vogue.

Dileepa Fonseka 17 Feb 2025
NZ Media Council upholds complaint
Property

Staff reporters: NZ Media Council upholds complaint

MC found significant error in an article about companies delaying liquidation proceedings

Staff reporters 17 Feb 2025

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Business Advice

The invisible chair: Wayne Boyd
Finance

The invisible chair: Wayne Boyd

One of NZ's best, lowest-profile directors reflects on a career in governance.

Pattrick Smellie 03 Dec 2024
Getting recruitment right
Law & Regulation

Rachael Judge: Getting recruitment right

An element of luck is always involved in recruitment processes.

Rachael Judge 25 Oct 2024


Investigations

Slow start for $1b infrastructure accelerator fund
Infrastructure

Slow start for $1b infrastructure accelerator fund

Kāinga Ora will hand over administration of a $1b fund with most of it unspent.

Garth Bray 18 Feb 2025
Compass’ secret bonus $8.9m school lunch contract
Editor's Picks Exclusive

Compass’ secret bonus $8.9m school lunch contract

Compass is charging 84 cents extra for 43% of the school lunches it provides daily.

Cécile Meier 13 Feb 2025

Top Gainers


Bremworth $0.580 9.43%
PaySauce $0.215 7.50%
Air New Zealand $0.650 4.00%
Accordant Group $0.400 2.56%
Ventia $4.410 2.56%

Top Decliners


SkyCity Entertainment Group $1.390 -4.79%
NZME $1.040 -3.70%
ikeGPS Group $0.830 -3.49%
Napier Port Holdings $2.660 -3.27%
AFT Pharmaceuticals $2.720 -2.86%

Top Gainers


Harmoney Ordinary Shares $0.550 7.84%
Fletcher Building $3.040 7.42%
Serko $3.550 2.94%
Mercury $5.840 2.71%
NEUREN PHARMACEUTICALS LIMITED $13.410 2.60%

Top Decliners


Synlait $0.930 -7.10%
EBOS Group $35.950 -4.41%
Meridian $5.540 -3.43%
Infratil $9.830 -3.25%
STRAKER TRANSLATIONS LIMITED $0.560 -2.63%

Technology


Investments

Fletcher Building loss widens to $134m
Markets

Fletcher Building loss widens to $134m

Very difficult half for building giant as portfolio review looms.

Markets

NZX cites compliance burden in minority rejection

More rules to protect small shareholders could be disruptive, exchange says.

NZX cites compliance burden in minority rejection
Primary Sector

What's behind Synlait's rapid share price rise?

The shares started the year at 40c – and have now passed $1. 

What's behind Synlait's rapid share price rise?
Markets

Two Sky boxes and no Sky coverage

Pay TV operator's bottom line could be hit by satellite issues, analyst says.

Two Sky boxes and no Sky coverage
Primary Sector

The influential Chinese reviewer testing a2 Milk

'Incredibly' influential consumer advocate visited A2 factories and farms in NZ.

The influential Chinese reviewer testing a2 Milk

The Life

Aston Martin knows many of its buyers still oppose EVs
Cars

Aston Martin knows many of its buyers still oppose EVs

Aston Martin is not alone in facing reluctance from high-end buyers.

Jet Sanchez 16 Feb 2025
My Net Worth: Vittoria Shortt, ASB CEO
My Net Worth

My Net Worth: Vittoria Shortt, ASB CEO

"Sometimes, it's best to let those little dreams go."

Review: Smoky heaven at Moo Moo's
Good Food

Review: Smoky heaven at Moo Moo's

From succulent wagyu brisket to alpaca steak, everything is mouth-watering good. 

Volkswagen teases its most affordable EV yet
Cars

Volkswagen teases its most affordable EV yet

"An affordable, high-quality, and profitable electric Volkswagen from Europe for Europe."

Jet Sanchez 09 Feb 2025

Markets

Spark, Microsoft sign major public cloud partnership
News in Brief

Spark, Microsoft sign major public cloud partnership

Spark and Microsoft have signed what they’re billing as the country’s largest-ever Microsoft public cloud partnership.The deal includes an AI focus. It will include “one of the largest Microsoft 365 Copilot deployments in New Zealand”, with an extra 1,800 Spark staff getting Micr...


Media

NZME confirms job cuts
Markets

NZME confirms job cuts

About 30 roles are being cut from the NZ Herald newsroom, and several well-known journalistic names – including the political editor – have opted for voluntary redundancy.While the company has reduced the overall number of net redundancies from about 38 to 30, it still expects to...

Staff reporters 19 Feb 2025