Business
Primary Sector
Departing Synlait CFO's 'hell of a journey'
Synlait Milk’s outgoing chief financial officer Nigel Greenwood has some simple advice for his replacement: “learn to sleep faster.” Greenwood is leaving the business after a 10-year stint as CFO that saw the milk processor go from being in breach of its banking covenants in 2...
Retail
PM to open Precinct's $1b Commercial Bay
Precinct Properties chief executive Scott Pritchard is surprisingly relaxed considering the frenetic level of activity around him in the lead up to the launch of its long-awaited, $1 billion Commercial Bay precinct on Auckland’s waterfront. Prime Minister Jacinda Ardern will atte...
Finance
RBNZ bank capital proposals slammed in advice to minister
The Reserve Bank's proposals, now policy, to increase bank capital requirements were unnecessarily risky, out of whack with international standards and informed by low quality information. That's according to independent advice sought last year by then Economic Development Min...
Infrastructure
Infratil's European renewables venture may invest this year
A renewable energy developer part-owned by Infratil may make its first investment this year. Europe, the US and Australia are all attractive markets for renewables and Infratil is “optimistic for different reasons” for each of its businesses there, Infratil chief executive Mar...
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