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frozen hubbard funds administration legal fees top 17 mln
A judgment is expected to be delivered on Thursday. The S&P/NZX 50 index declined 122.94 points or 1.03% to 11,759.15....
google pays 227074 of tax in new zealand
By Pam Graham June 23 (BusinessDesk) – Google Inc is paying more tax in New Zealand than previously but its $227,074 tax bill in 2013 isn’t likely to stress a company with US$15.42 billion of rev
late turnaround for new zealand sharemarket
Retirement village operator Summerset Group, gaining nearly 3%, led the way as the New Zealand sharemarket made a late turnaround. A choppy S&P/NZX 50 Index traded in negative territory for most of th
internal scrap puts wellington combined taxis into administration
Wellington Combined Taxis was placed in voluntary administration on Tuesday after its latest financial accounts described a “difficult year” that included public service layoffs and “civil serva
new zealand dollar outlook grim
The New Zealand dollar has no immediate reprieve in sight, as data on Thursday added to the view that the Reserve Bank of NZ will indeed keep cutting. The kiwi was trading at 60.04 US cents at 5.30p
anzs new zealand business posts 228b annual profit
ANZ’s New Zealand business posted a $2.28 billion after-tax cash profit for the year to September, up 1%, or $22.9 million, from the year prior. Statutory after-tax profit, which includes gains and
tons of funds
New data from the US industry body, the Investment Company Institute, shows a global managed fund market in rude health. According to the ICI data, the amount of money mooching around in regulated fun
simon allen appointed chair of new zealand refining
By Paul McBeth April 30 (BusinessDesk) - Simon Allen has been elected chairman of New Zealand Refining Co, which operates the Marsden Point refinery, replacing David Jackson who stepped down at yester
new zealand dollar becalmed ahead of cpi data
By Jenny Ruth Jan. 22 (BusinessDesk) - The New Zealand dollar is little changed ahead of key inflation data due out on Wednesday amidst a global backdrop of unease created by gloomy sentiment coming o
funds inflow underpins fisher funds 2015 earnings in year of smaller bonuses
By Jonathan Underhill Oct. 14 (BusinessDesk) - Fisher Funds Management lifted funds under management by 10 percent to $6.6 billion in 2015, helping underpin earnings in a year when investment returns
south port new zealand
South Port New Zealand Ltd is the southernmost commercial port in New Zealand, located at Bluff and operating on a year-round, 24 hour basis.It is situated in the highly productive province of Southla
new zealand oil gas
$0.4 Open $0.4 0 0% January 24, 2024, 6.12am Today 5D 1M 1Y 2Y Key announcement - click for info Created with Highcharts 8.2.2Mar '23May '23Jul '23Sep '23Nov '23Jan '240.40.30.350.450.5 20 minute dela
amazons lord of the rings ditches new zealand
Amazon’s big-budget TV production of Lord of the Rings has ditched New Zealand for the UK, delivering a major blow to the domestic film industry. The tech giant has confirmed plans to film the sec
new appointments to board of antarctica new zealand
Foreign Minister Winston Peters announced further appointments to the board of Antarctica New Zealand. According to Peters, the appointments are part of a continued effort to ensure the Scott Base R
top apartment developer in administration
The developer of one of Auckland’s newest and most exclusive apartment blocks was secretly moved into administration last year. Gary Groves’ Sanctuary Developments NO 8, the company behind The Int
intueri in voluntary administration bid less than value of debt
By Jonathan Underhill June 1 (BusinessDesk) - Intueri Education Group has been placed into voluntary administration after a strategic review garnered an offer for its operating assets that is less tha
success story cannabis pioneer sold out of administration
A pioneer in the burgeoning medicinal cannabis sector has been sold out of administration for an undisclosed sum after missing out on a foreign investment that would’ve staved off the liquidators. M
new zealand business reacts to donald trumps victory
New Zealand business woke up on Thursday to the news that Donald Trump will re-enter the White House in January. “America has given us an unprecedented and powerful mandate,” Trump said in his vic
air new zealand
$0.65 Open $0.65 0 0% January 24, 2024, 11.08am Today 5D 1M 1Y 2Y Key announcement - click for info Created with Highcharts 8.2.2Mar '23May '23Jul '23Sep '23Nov '23Jan '240.60.70.80.9 20 minute delaye
new leadership team at fnz new zealand
New Zealand-founded global wealth management platform FNZ has appointed Jeremy Graham as the new chief executive of New Zealand and Aroha Steele as the country’s chief operating officer. FNZ was f
nz arm of jenny craig enters administration
The New Zealand arm of well-known weight-loss company Jenny Craig has joined its Australian counterpart in voluntary administration. Creditors will meet later this week to discuss a way forward. On Ma
the future of wealth management in new zealand
Wayne Douglas Gretzky was a professional Canadian ice hockey player and former head coach. He played 20 seasons in the National Hockey League (NHL) for four teams from 1979 to 1999. He was nickname
how fees performance of new kiwisaver default funds compare
This article has been republished. It was first published in May 2021. Past performance may not be indicative of future performance. It's a well-worn caution to any investor trying to work out where t
amp new zealand annual earnings creep up on cost cutting bigger funds under management
By Paul McBeth Feb. 8 (BusinessDesk) - AMP's New Zealand financial services division lifted annual earnings 1 percent as a cost-cutting exercise and increased funds under management fattened margins,.
is new zealand going to run out of vaccines
The increasing rate of vaccinations is starting to eat into the existing stockpile of vaccines, but the Ministry of Health is confident it will not run out. BusinessDesk analysis suggests it could be.
Finance News
Finance
$400m Christmas bonus for Cryptopia victims
This is the first big payout since a hack and theft in 2019.
Finance
Auditing the Auditors
Audit fee rise is NZ playing ‘catch up’
Auditors have relied on importing talent, says NZSA's Oliver Mander.
Finance
HYEFU: Big bump to bond programme
Looser than expected fiscal policy drives a much bigger bond programme.
*All returns are per annum, after fees and before taxes. Data updated at 1:07am 22 December 2024 (NZT)
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