Rain falls, lakes fill, wholesale electricity prices fall
Markets

Rain falls, lakes fill, wholesale electricity prices fall

Meridian Energy said the major hydro lakes are returning to normal levels.

Woolworths disputes grocery commissioner's findings
Retail

Woolworths disputes grocery commissioner's findings

ComCom's report and Woolworth's disclosures tell two different stories.

Administrator appointed at ‘hotel within hotel’
Property

Administrator appointed at ‘hotel within hotel’

Lack of clarity on how Sofitel maintenance funds have been spent, judge rules.

Energy

Close Methanex, import LNG: former Todd boss Richard Tweedie

Relying on finding new gas is too risky for the energy sector and the wider economy.

Close Methanex, import LNG: former Todd boss Richard Tweedie
Property

'Prudent steps': Ryman amends covenants and extends debt

A $115 million bank facility has been extended nearly two years.

'Prudent steps': Ryman amends covenants and extends debt
Law & Regulation

Paul McBeth: Hubbard's ghost haunts Du Val process

The Du Val statutory management is a good time to start managing your expectations.  

Hubbard's ghost haunts Du Val process
World

Attacks on Australia's Reserve Bank a 'disappointing diversion'

Investment giant fears bank independence is under threat. 

Attacks on Australia's Reserve Bank a 'disappointing diversion'
Policy

Nonrefundable visitor levy is ‘underhand’

Thousands have their visitor visa applications declined but still have to pay a $100 tax.

Nonrefundable visitor levy is ‘underhand’
Sustainable Finance

NZ needs to break out of a ‘sustainability recession’

Flipflopping government climate policies aren't helping either.

NZ needs to break out of a ‘sustainability recession’
Infrastructure

Avoiding a future of stranded assets

Six green stars for new industrial buildings a rare achievement.

Avoiding a future of stranded assets
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Opinion

Hubbard's ghost haunts Du Val process
Law & Regulation

Paul McBeth: Hubbard's ghost haunts Du Val process

The Du Val statutory management is a good time to start managing your expectations.  

Long-term fiscal storms on the horizon
Economy

Cameron Bagrie: Long-term fiscal storms on the horizon

The number of retirees is rising at 3% per year, far more than population growth.

New Zealand is missing the AI boat
Economy

Dileepa Fonseka: New Zealand is missing the AI boat

Anxiety here about artificial intelligence is more about NZ Inc falling behind.

Dileepa Fonseka 09 Sep 2024
A dangerous thought for NZ: cheer up!
Economy

Pattrick Smellie: A dangerous thought for NZ: cheer up!

New Zealand is not a poor country, just rather poorly managed of late.

Pattrick Smellie 09 Sep 2024

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Business Advice

A road cone too many
Law & Regulation

Bronwyn Heenan: A road cone too many

What exactly is the Government looking to reform in the health and safety space?

Bronwyn Heenan 16 Aug 2024
The secret power of using ‘we’ in difficult conversations
World

The secret power of using ‘we’ in difficult conversations

Saying ‘we’ instead of ‘you’ is more likely to get staff to listen to negative feedback.



Investigations

Offsite building industry struggling to stay afloat
Material Matters In-depth

Offsite building industry struggling to stay afloat

Govt's pausing of projects and economic downturn have had a devastating impact.

Cécile Meier 28 Aug 2024
We investigate the business of building materials
Infrastructure Material Matters

We investigate the business of building materials

Who profits as building costs rise? 

Victoria Young 13 Aug 2024
The Business of Education – what we’ve learnt
Business of Education

The Business of Education – what we’ve learnt

Stories over the past six months show who in the education sector is making money.

Victoria Young 08 Aug 2024

Top Gainers


Cooks Ordinary Shares $0.250 11.11%
My Food Bag $0.225 4.65%
PGG Wrightson $1.980 4.21%
Blackpearl $1.320 3.94%
Ventia $4.780 3.46%

Top Decliners


ikeGPS Group $0.580 -6.45%
Bremworth $0.400 -4.76%
Burger Fuel Group $0.290 -3.33%
RTO Limited $0.320 -3.03%
T & G Global $1.610 -2.42%

Top Gainers


Meridian $5.640 3.48%
Chorus $8.290 2.60%
Heartland Group Holdings $1.000 2.04%
ikeGPS Group $0.675 1.96%
Tower $1.130 1.87%

Top Decliners


EROAD $1.115 -5.29%
Serko $3.270 -3.65%
AFT Pharmaceuticals $3.000 -3.00%
Synlait $0.385 -2.67%
Kathmandu Holdings $0.475 -2.08%

Technology


Investments

Magnificent Seven’s ‘extraordinary run’ boosts NZ Super Fund
Markets

Magnificent Seven’s ‘extraordinary run’ boosts NZ Super Fund

The fund has billions invested in Apple, Microsoft, Nvidia and Amazon.

Markets

Cold cash: $200 million market for AoFrio

The smart-fridge firm wants to add retailers to its heavy-hitting beverage customer list.

Cold cash: $200 million market for AoFrio
Markets

Hasta la Vista: Potentia's first bid for board seats fails

Vista and Potentia say they're working together on an ‘alternative proposal’.

Hasta la Vista: Potentia's first bid for board seats fails
Markets

The lessons for Infratil in giant $25b AirTrunk sale

‘Data is where the money is,’ an analyst says.

The lessons for Infratil in giant $25b AirTrunk sale
Markets

The Warehouse: Adamantem still hunting a bargain

Sources told BusinessDesk Adamantem believed its offer was compelling.

The Warehouse: Adamantem still hunting a bargain

The Life

My Net Worth: Marcelo Menoita, CEO, NZ Brazil Business Chamber
My Net Worth

My Net Worth: Marcelo Menoita, CEO, NZ Brazil Business Chamber

The businessman attributes his survival through multiple crises to Brazilian grit.

Dileepa Fonseka 08 Sep 2024
Put a plug in it: PHEV pros & cons
Cars

Put a plug in it: PHEV pros & cons

Govt changes have dulled the appeal of electric vehicles.

Dean Evans 08 Sep 2024
Review: Mevo, myself and I
Technology

Review: Mevo, myself and I

Looking for motoring convenience, I found a new pal.

Gregor Thompson 01 Sep 2024