Finance

Explore the latest finance news by BusinessDesk's team of reporters around New Zealand.
NZX contemplates mistreating investors
Markets

Jenny Ruth: NZX contemplates mistreating investors

 Accelerated non-renounceable rights entitlement offers (Anreos) deprive non-participating shareholders of property rights.

Jenny Ruth 15 Aug 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.
Partners Life sold to Dai-ichi in $1b deal
Markets

Partners Life sold to Dai-ichi in $1b deal

Naomi Ballantyne navigates her third successful exit. 

Staff reporters 12 Aug 2022
More extreme weather events hit IAG’s margins
Markets

More extreme weather events hit IAG’s margins

The insurer's New Zealand arm reported an insurance profit of A$220 million (NZ$242m), down from A$305m. 

Riley Kennedy 12 Aug 2022
Rakon warns earnings may fall as chip shortage eases
Markets

Rakon warns earnings may fall as chip shortage eases

Rakon expects underlying earnings of between $36m and $44m.

Staff reporters 11 Aug 2022