Finance

Explore the latest finance news by BusinessDesk's team of reporters around New Zealand.
Fonterra increases forecast earning; decreases forecast milk collections
Primary Sector

Fonterra increases forecast earning; decreases forecast milk collections

The dairy company announced this morning that it had revised its 2023 forecast earning guidance to 45 to 60 cents per share, up from 30 to 45 per share.

Riley Kennedy 09 Sep 2022
Finance sponsored by
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.
Insurers and banks look for more climate data
Sustainable Finance

Insurers and banks look for more climate data

Although the Insurance Council of NZ is pondering the emissions from New Zealand's housing stock, it says new climate disclosure rules are broadly on the right track.

Greg Hurrell 08 Sep 2022
Analysts: NZ dairy sector to benefit 'really positively' this season
Primary Sector

Analysts: NZ dairy sector to benefit 'really positively' this season

Strengthening demand resulted in a 4.9% increase in the overall Global Dairy Trade index earlier this week.

Riley Kennedy 08 Sep 2022
NZ third in the world for ESG
Environment

NZ third in the world for ESG

Clean and green: we rank highly for our environmental standards and compliance.

Greg Hurrell 07 Sep 2022