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On the Money
On The Money: 50 Cent Luxon, crime, cones and more...
PM took a police squad to Chemist Warehouse. Next stop: JB Hi-Fi with an army?
Opinion
Simon Robertson: Nike. Are they doing it?
Business models are incredibly important. Nike’s is flaying.
Law & Regulation
Auckland Council spends $195k defending Downtown Car Park challenge
Vacated legal challenge resulted in no concessions, council says.
Fail File
The Fail File: Trish Clark, art expert and gallery owner
'Worrying is pointless and a waste of energy in a crisis'.
World
Boeing’s most relatable problem: finding a parking spot
About 200 fully or mostly finished jets are idle while they await interiors, engines.
Property
Officials move on Richard Yan’s castle
Richard Yan's extensive heritage property is being sold following his bankruptcy.
Policy
Minister's $200m tobacco tax cut bypasses Cabinet requirements
Researchers say there's more evidence to support the repealed Smokefree policies.
Bloomberg
Buyer scoops up abandoned superyacht for $67 million
Russian billionaire denies US Govt claim vessel originally cost him $200 million.
Markets
Market close
NZ sharemarket down 0.38%
The S&P/NZX 50 Index closed at the day’s low of 12,349.47, down 46.79 points or 0.38%.
Retail
Charts
The Warehouse’s plight in five charts
The private equity bid shows the company’s future is still anyone’s guess.
Energy
Energy squeeze just gets tighter
Near-term future wholesale electricity prices rise above $400 per megawatt hour.
Opinion
Investments
Simon Robertson: Nike. Are they doing it?
Business models are incredibly important. Nike’s is flaying.
Technology
Peter Griffin: Black Swan digital disasters are looming
We can learn much from the Crowdstrike outage about living with concentrated tech.
Business Advice
Georgina Toomey: How to manage a commercial leasing dispute
Relationships between tenants and landlords can sour.
David Chaplin: KiwiSaver funds inch ahead
Little separated the variety of KiwiSaver funds in the past quarter.
Technology
Google parent’s ad sale growth slows
Alphabet’s total revenue growth slows as well; net income rises 28.6%.
Business Advice
Sponsored by
Law & Regulation
Rebecca Rendle: Reinstatement – what are the chances?
Whether reinstatement is appropriate will involve closely examining the facts.
Law & Regulation
Georgina Toomey: What is anti-competitive behaviour?
Anti-competitive behaviour can be a criminal offence: here's how to avoid it.
Editor's Picks
Fail File: Wendy Pye, publisher at Sunshine Books
Wendy Pye has built an ethical business around education.
Sponsored
NZ’s “terrible” statistic
Course aims to build employee resilience & business productivity.
Sponsored
Digital skills shortage hurting NZ
2degrees study: many companies failing to leverage technology.
Sponsored
Five steps to potent data monetisation
Realising the true value of an organisation’s data.
Investigations
Public sector
Exclusive
NZDF spends $1.35m on IT planning workshops
Each quarterly event cost on average $71,000, according to NZDF data.
Finance
Exclusive
MTF to investigate bullying claims
Chief executive Chris Lamers said he takes the claims 'very seriously'.
Business of Education
ECE sector 'at a turning point'
A big slashing of regulations could lead to a reduction in government funding.
Forward Planning
Sponsored by
How a quake and a crash led to success
Craigs Investment Partners celebrate 40 years in business.
The rise and rise of women's investing
Gender pay gap remains - but many women are turning to investing.
Making the most of selling the farm
To avoid “horror stories”, selling a farm begins long before the "for sale" sign goes up.
Top Gainers
| ikeGPS Group | $0.740 | 23.33% |
| Move Logistics | $0.300 | 15.38% |
| TradeWindow | $0.194 | 10.86% |
| NZ Windfarms | $0.143 | 5.93% |
| Blackpearl | $0.760 | 5.56% |
Top Decliners
| Enprise Group | $0.280 | -8.20% |
| Restaurant Brands | $3.100 | -6.06% |
| Henderson Far East Income | $4.980 | -4.60% |
| Cooks Ordinary Shares | $0.240 | -4.00% |
| Scales Corporation | $3.400 | -3.41% |
Top Gainers
| ikeGPS Group | $0.680 | 30.77% |
| Harmoney Ordinary Shares | $0.450 | 5.00% |
| SkyCity Entertainment Group | $1.335 | 2.92% |
| DGL Group | $0.550 | 1.77% |
| STRAKER TRANSLATIONS LIMITED | $0.410 | 1.41% |
Top Decliners
| New Zealand King Salmon Investments | $0.250 | -8.00% |
| Sky Network Television | $2.550 | -4.98% |
| Air New Zealand | $0.500 | -3.67% |
| Tower | $0.895 | -3.16% |
| Mercury | $6.190 | -2.97% |
Technology
Sponsored by
New contender trying to dial into NZ’s smartphone market
Has a global Chinese company cracked the code to break NZ's loyalty?
Investments
Sponsored by
World
Gold futures glitter on second-highest close
Precious metal maintains its price despite market fluctuations.
Property
What's in a name? Du Val now Orange Pineapple
The Du Val group has given its subsidiaries bizarre names such as Woodle.
Property
Developer faces receivership and Serepisos action
A Black Robin entity set up to develop alpine villas in Queenstown is the latest to fail.
Editor's Picks
ECE investment funds grow despite sector crisis
While small early childhood centres struggle, investment funds in the industry thrive.
Climate change
Wall St backers see breakthrough moment for carbon offsets
Promoters' big wins include Biden administration's blessing of the credits.
The Life
Cars
Touring the Waikato in a home-away-from-home
It's easy to see why motorhomes are finding a whole new fanbase.
Cars
Review: I’m blue, big & brutish: 2024 Audi SQ8 e-tron Sportback
The SQ8 is a very good case and offering for the ultimate EV SUV for Audi aficionados.
Good Food
Free
Review: Cassia turns 10. It is still as good as ever
The iconic Indian fine-dining restaurant remains fresh and delicious.
My Net Worth
My Net Worth: Frances Shoemack, Abel fragrances
If it hadn't been a horrible day in Wellington life might have taken a different path.
Markets
Law & Regulation
Vector agrees to sell LPG assets for $150m
The deal is subject to regulatory approvals and commercial conditions.
Property
Law & Regulation
Officials move on Richard Yan’s castle
Richard Yan's extensive heritage property is being sold following his bankruptcy.
Law & Regulation
Auckland Council spends $195k defending Downtown Car Park challenge
Vacated legal challenge resulted in no concessions, council says.
Energy
Markets
Vector agrees to sell LPG assets for $150m
The deal is subject to regulatory approvals and commercial conditions.
Primary Sector
Fonterra taps Jarden, JP Morgan and Craigs for asset sales
The co-operative announced the plans in May.
Sustainable Finance
Climate reporting standards yet to push change for fund chiefs
Investment managers here still lagging well behind Australia's on climate action.
Public sector
Policy
Minister's $200m tobacco tax cut bypasses Cabinet requirements
Researchers say there's more evidence to support the repealed Smokefree policies.
Media
Law & Regulation
Serato considering all options after ComCom blocked sale
ComCom blocked the US$65m sale of Serato to Japanese company.
Infrastructure
Transport
Opening day congestion for untolled Penlink highway – NZTA
The road should be redesigned if the Government chooses not to toll, agency said.