Sponsored by

Dinner with Michael Bloomberg

Jenny Ruth
Wed, 29 Dec 2021

Dinner with Michael Bloomberg
Michael Bloomberg has quite a puritan streak.
Jenny Ruth
Wed, 29 Dec 2021
I was Bloomberg's first employee on the ground in New Zealand.It was 1994 and it nearly didn't happen. I had said I was willing to accept the job on the terms and conditions offered but, in the final stages, the company abruptly cut the salary by about 10%, so I said get stuffed.Trevor Jarrett, then Bloomberg's general manager in Sydney and a bit of a London bovver boy who liked to get things done, stepped in; oh, no, the new proposed salary was in Australian dollars (the original offer had been in NZ dollars), Jarrett said. That ha...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Markets market close
F&P Healthcare drags NZX 50 lower
Dan Brunskill | Wed, 25 May 2022

Markets were also surprised by RBNZ's plans to keep hiking the official cash rate until it hit 4%.

Homeowners to feel pain next year when home rates hit 6%
Brent Melville | Wed, 25 May 2022

There's no need for leveraged homeowners to panic as interest rates ratchet up, but stress could start being felt downstream as more rate hikes seem on the cards.

Reserve Bank will hike but not as much as it says
Rebecca Howard | Wed, 25 May 2022

The Reserve Bank of NZ now expects the official cash rate to peak at 3.9% in June 2023, up from its February view that it would peak at 3.4% in September 2024.

Partner content
Small business lessons for attracting and retaining staff

Employers battling through the ‘Great Resignation’ are now faced with the ‘Great Brain Drain’.

Partner content
People leaders are key to wellbeing but still need help

One in three people say they have experienced an issue with an unsupportive manager