Fletcher director Rob McDonald speeds up exit
Markets

Fletcher director Rob McDonald speeds up exit

Contact Energy chair and Vector chair will go out as they came in: together.

NZ sharemarket down following Warehouse downgrade
Markets Market close

NZ sharemarket down following Warehouse downgrade

The S&P/NZX 50 Index closed at 11,627.86, down 54.52 points or 0.47%

Graham Skellern 24 Jun 2024
Retail

The Warehouse forecasts ebit to fall 64% in FY24

 Annual sales from continuing operations are expected to fall 6-7% on the year.

Staff reporters 24 Jun 2024
The Warehouse forecasts ebit to fall 64% in FY24
Politics

Indian students face rejection

A thorn in the side of the India-NZ relationship is rearing its head again: student visas.

Indian students face rejection
World

Australia to tighten supermarket rules

A now voluntary code of conduct that oversees supplier relationships would be mandatory. 

Australia to tighten supermarket rules
Markets

Serko: a decade of ups and downs on the NZX

The travel tech company that grew through covid.

Ben Moore 24 Jun 2024
Serko: a decade of ups and downs on the NZX
Opinion

Cameron Bagrie: The need for an Independent Fiscal Institution is stepping up

The case for an IFI is building and NZ is an outlier not having one.

Cameron Bagrie 24 Jun 2024
The need for an Independent Fiscal Institution is stepping up
Finance

Resimac stops accepting NZ home loan applications

The company has been lending in New Zealand since 2012.

John Anthony 24 Jun 2024
Resimac stops accepting NZ home loan applications
Markets

Infratil's share offer to retailers looks fair

The price and pro-rata offer make it a good opportunity, an analyst says.

Ian Llewellyn 24 Jun 2024
Infratil's share offer to retailers looks fair
Technology

Climate tech startups should talk to customers before investors

LanzaTech raised $250m before starting its first commercial plant.

Greg Hurrell 24 Jun 2024
Climate tech startups should talk to customers before investors
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Opinion

Don't be an investment Muppet

Simon Robertson: Don't be an investment Muppet

If you've invested in NZ or Australian markets, you're a Muppet. 

Simon Robertson 22 Jun 2024
To flex or not to flex
Law & Regulation

Bronwyn Heenan: To flex or not to flex

It's time to review flexible working policies to ensure they're fit for purpose.

Bronwyn Heenan 21 Jun 2024
Fast-food chain float could give Fonterra a steer
Finance

Brian Robins: Fast-food chain float could give Fonterra a steer

After a dearth of IPOs, all eyes are on Guzman y Gomez. 

Brian Robins 20 Jun 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


Investigations

NZDF's $182m IT upgrade beset by delays and challenges
Technology Exclusive

NZDF's $182m IT upgrade beset by delays and challenges

A shift to the cloud and improved connectivity were meant to be in place by 2021.

Cécile Meier 05 Jun 2024
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

Top Gainers


Radius Residential Care $0.190 16.56%
Accordant Group $0.450 8.43%
Synlait $0.290 5.45%
AFT Pharmaceuticals $3.000 5.26%
Rakon $0.690 4.55%

Top Decliners


Kathmandu Holdings $0.365 -8.75%
The Warehouse Group $0.980 -8.41%
My Food Bag $0.150 -7.98%
Bremworth $0.360 -5.26%
Sanford $4.010 -4.52%

Top Gainers


New Zealand Oil & Gas $0.420 4.11%
Contact Energy $8.250 2.89%
Heartland Group Holdings $0.920 2.21%
Meridian $5.700 1.61%
Fonterra Shareholders' Fund $3.780 1.61%

Top Decliners


STRAKER TRANSLATIONS LIMITED $0.460 -8.25%
Kathmandu Holdings $0.345 -5.56%
Vulcan Steel $3.810 -5.00%
New Zealand King Salmon Investments $0.240 -4.26%
Synlait $0.270 -3.64%

Technology


Investments

Wall St backers see breakthrough moment for carbon offsets
Climate change

Wall St backers see breakthrough moment for carbon offsets

Promoters' big wins include Biden administration's blessing of the credits.

Bloomberg 22 Jun 2024
Property

Property syndicates suffer vacancies, unwilling banks

Maat investments is seeking new funders and trying to raise more capital, documents show.

Maria Slade 19 Jun 2024
Property syndicates suffer vacancies, unwilling banks
Infrastructure

Government to ease the way for foreign investment in BTR

The current overseas investor regime is a stumbling block to more housing, minister says.

Maria Slade 11 Jun 2024
Government to ease the way for foreign investment in BTR
Infrastructure

Finance group ELF moves into Aussie PE hands

Maui Capital Aqua Fund investors are set to double their initial outlay with the sale.

Victoria Young 04 Jun 2024
Finance group ELF moves into Aussie PE hands
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
Keeping your KiwiSaver friends close

The Life

The first flying car you can buy might be a Tesla Roadster
Cars

The first flying car you can buy might be a Tesla Roadster

 The Tesla Roadster continues to capture the imagination.

Jet Sanchez 23 Jun 2024
My Net Worth: David Downs, CEO, NZ Story Group
My Net Worth

My Net Worth: David Downs, CEO, NZ Story Group

TV comedian, tech entrepreneur, industry leader, and genetically modified optimist.

Ben Moore 23 Jun 2024
If you eat at only one restaurant in Sydney, make it Sean’s
Good Food

If you eat at only one restaurant in Sydney, make it Sean’s

The eatery's good vibes and fare keep the fans coming back – even from overseas. 

Toyota C-HR GX Hybrid first drive: because it can
Cars

Toyota C-HR GX Hybrid first drive: because it can

Second-generation C-HR is a tricky balancing act between mainstream and special. 

Staff reporters 16 Jun 2024

Infrastructure

KiwiRail chair to retire, board to be ‘refreshed’
News in Brief

KiwiRail chair to retire, board to be ‘refreshed’

KiwiRail board chair David McLean will retire at the end of July.Finance Minister Nicola Willis announced McLean’s retirement on Sunday, saying it was unrelated to the Aratere incident.KiwiRail’s Interislander Aratere ferry ran aground in Picton Harbour on Friday. It was refloate...

Staff reporters 24 Jun 2024