Markets

Air NZ slapped on wrist for disclosure breach

Rebecca Howard
Fri, 18 Dec 2020

Rebecca Howard
Fri, 18 Dec 2020
The NZ Markets Disciplinary Tribunal has publicly censured Air New Zealand for failing to provide material information to the market and fined it $40,000. The censure and fine are part of a settlement between the NZX regulator and Air NZ. According to the tribunal, Air NZ did not release material information promptly once it became aware of it and did not release it via the NZX’s market platform before releasing it to any other party.The problem dates back to when covid-19 began to seriously impact markets, particularly those in...

Use the information you’ve already given Google to create your subscription.

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Infrastructure
New players sought for electricity futures market
Gavin Evans | Wed, 20 Jan 2021

Paying new players to offer market-making services may improve pricing, Electricity Authority believes. 

Opinion
BlackRock mansion: where $12T lives
David Chaplin | Wed, 20 Jan 2021

Global funds management is concentrating into fewer and fewer hands.

Primary Sector
The Zespri effect: Has NZ's hops industry found its Sungold?
Brent Melville | Wed, 20 Jan 2021

New Zealand's hop industry has a clear vision for the future, though this includes some fairly hazy IPAs. 

Sponsored
How consumers can give local businesses a boost

Why this holiday is different for New Zealand SMEs.

Sponsored
What has Covid-19 changed for supply chains?

Covid-19 has helped businesses recognise Supply Chain as a critically important function within their organisation.