Finance

Explore the latest finance news by BusinessDesk's team of reporters around New Zealand.
GDT index almost flat, dropping just 0.1%
Finance

GDT index almost flat, dropping just 0.1%

The GDT Price Index decreased just 0.1% to US$3,393 (NZ$5,280) per metric tonne.

Riley Kennedy 18 Jan 2023
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First Mortgage Trust
First Mortgage Trust is an investment manager that specialises in property lending. For nearly 30 years we’ve been helping New Zealanders protect and grow their wealth.
Tax the latest foil to Foundation Life’s exit
Finance

Tax the latest foil to Foundation Life’s exit

Foundation Life has spent longer trying to sell its business than running it.

Paul McBeth 18 Jan 2023
Karaka yearling sale is back – properly
Finance

Karaka yearling sale is back – properly

The Karaka Million this Saturday will serve as a curtain-raiser to this year's sales.

Riley Kennedy 17 Jan 2023
Bus pass: Ritchies pays $34m dividend prior to private equity sale
Finance

Bus pass: Ritchies pays $34m dividend prior to private equity sale

Payment terms for the private equity purchase of Ritchies Transport haven't been disclosed, but it was just the ticket for the family owners. 

Brent Melville 17 Jan 2023