The strictly business year end awards – 2023 edition

Reserve Bank governor Adrian Orr has been telling NZ it needs to have a recession. (Image: Getty)

Sat, 24 Dec 2022

Wacky dividend policy of the year: ChorusThere were many contenders for this one. Ryman Healthcare broke with long tradition and got over its phobia against raising new capital and instituted a dividend reinvestment plan (DRP).But oops, Ryman doesn’t pay tax, so it doesn’t have any imputation credits, so the dividend is taxable in shareholders hands, even if they decide to give it back.But the winning trophy has to go to a particularly egregious example: Chorus paid a final dividend of 21 cents per share, also unimput...

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Infrastructure

Eaqub: Pipeline hits $275b but certainty stops at next election

Economist highlights drop-off in planned infra spending after 2026.

Dileepa Fonseka 5:00am

Retail

ForBarr sticks to underperform on The Warehouse Group

Analysts say they need to see tangible improvement.

Rebecca Howard 5:00am

ForBarr sticks to underperform on The Warehouse Group

Finance

Big banks eye warnings on legacy Open Banking technology

Their interest comes with dawn of API-led Open Banking just weeks away.

Andy Macdonald 5:00am

Big banks eye warnings on legacy Open Banking technology

Sponsored

Cybersecurity skills gap leaving Kiwi businesses at risk - report

A cybersecurity skills shortage is creating additional cyber risks, according to a new global report.

Fortinet

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Spark’s partner strategy sets the bar for innovation

Spark

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Retail

ForBarr sticks to underperform on The Warehouse Group

Analysts say they need to see tangible improvement.

Rebecca Howard 5:00am

Markets Market Close

NZ sharemarket falls over 1%

The S&P/NZX 50 Index closed at 156.22 points, or down 1.16%.

Graham Skellern 18 Nov 2025

Markets

1,200 Air NZ flight attendants vote to take strike action

About 1,200 Air New Zealand cabin crew have voted to take strike action, the union says.The union said those who voted for strike action worked across international, domestic and regional routes and had been trying for months to get better pay and rosters.Michael Wood, director o...

Staff reporters 18 Nov 2025

Markets

Sanford profit surges 224% as debt falls and aquaculture lifts earnings

Staff reporters 18 Nov 2025

The strictly business year end awards – 2023 edition

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