By Sophie Boot March 1 (BusinessDesk) - The New Zealand Superannuation Fund has signed up US-based investment management business Ramius LLC to manage a US$200 million mandate to buy and sell shares o
The two backers of the company that managed Melody Dairies have sold out after the Australian-listed partner took “fairly significant steps” to seize control of the Waikato spray-drying facility.
New Zealand's stock market operator (NZX) is beefing up its investment banking expertise at a board level with former Jarden head of investment banking Rob Hamilton set to take up the chair in April..
Auckland Council has granted consent for Ports of Auckland to deepen its Rangitoto shipping channel to cater for larger ships despite vocal opposition to the plan. The port notified its consent appl
Global shipping giant Maersk will open its own 4.5-hectare (ha) cold chain facility at Ruakura Inland Port next year. Henrick Jensen, managing director of Maersk Oceania, said the company had signed
By Paul McBeth Nov. 23 (BusinessDesk) - The Court of Appeal has overturned an earlier ruling, finding some Hamilton real estate agents colluded with their rivals to fix prices. The Commerce Commiss
By Paul McBeth Dec. 23 (BusinessDesk) - Kiwi Property Group, the country's biggest listed property investor by market value, has sold the southern part of its recently developed downtown Hamilton shop
By Gavin Evans July 17 (BusinessDesk) - Lawyer Julie Hardaker is the new chair of the Environmental Protection Authority. Hardaker, a two-term Mayor of Hamilton until 2016, is replacing Kerry Prenderg
By Paul McBeth Dec. 19 (BusinessDesk) - Hamilton realtor Lugton's has been ordered to pay $1 million by the High Court in Auckland, joining a growing number of real estate agencies who have admitted
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....
The commercial arm of the Waikato-Tainui iwi has applied for a rezoning of 68 hectares of land near its Ruakura Superhub – one of the largest multi-use developments in Aotearoa New Zealand. Tainui G
The New Zealand Exchange (NZX) board has withdrawn its endorsement for chair-elect Rob Hamilton over his time as SkyCity's chief financial officer, given the casino operator is under scrutiny by Austr
The Auckland High Court has levied price fixing penalties totalling $4 million against two Hamilton-based real estate firms, Lodge Real Estate and Harcourt’s agency Monarch, for engaging in cartel s
Amy Hamilton Chadwick is a freelance writer and registered financial service provider who specialises in writing about investment, business and personal finance.
By Suze Metherell June 4 (BusinessDesk) - Tainui Group Holdings, which manages the commercial interests of Waikato-Tainui Te Kauhanganui Inc, has bought international hotel chain Accor's 17 percent
SkyCity Entertainment Group will resume promotions and events at its Hamilton and Queenstown casinos and allow members of the public back into those venues. With most of the country moving to alert le
By Suze Metherell Dec. 10 (BusinessDesk) - DNZ Property Fund, the listed property investor, sold an industrial site in Hamilton for $12.4 million, with the funds going into its Westgate Mall project..
By Rebecca Howard July 28 (BusinessDesk) - Silver Fern Farms announced the resignation of chief executive Dean Hamilton, who will leave at the end of the year, and said a search is underway for his r
Downer EDI has secured a road maintenance contract with Hamilton city council, valued at up to $540 million, for a maximum term of 10 years. The contract is for an initial five-year period but contain
By Paul McBeth Feb. 15 (BusinessDesk) - Summerset Group plans to build a second retirement village in Hamilton after buying a 6.3 hectare site north of the city. The Wellington-based company intend
Mainfreight boss Don Braid says, “without wanting to aggravate them, they’re a pain in the arse”. "They" are the global proxy advisers, dominated by two giants – Institutional Shareholder Serv
By Paul McBeth Sept. 26 (BusinessDesk) - Westpac New Zealand is suing the ex-wife of convicted Lane Walker Rudkin fraudster Ken Anderson for being a party to the fraud and is seeking damages of $50.8.
A lobby group representing many of New Zealand’s largest companies is criticising the Inland Revenue Department for embarking on a wide-ranging review of the tax system without the proper Government
By Gavin Evans Oct. 30 (BusinessDesk) - Consultation on legislation to implement the government’s planned ban on new offshore exploration should have been wider given its potential for “significan
New Zealand startup Happy Cow Milk is poised to roll out its milk dispensers in grocery retailers in Hamilton and Auckland after raising $279,000 in its third equity crowdfunding campaign late last ye
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