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fonterra reshuffles management team to speed up value add strategy
By Fiona Rotherham April 24 (BusinessDesk) - Fonterra Cooperative Group, the world’s largest dairy exporter, has changed two senior management roles in a bid to push its value-add strategy harder in
waste management refunds customers 56m after incorrect billing
Waste Management New Zealand has refunded $5.6 million to residential customers and is working on refunding more customers after a Commerce Commission investigation found it had likely breached the F
pilot programme to help charities learn project management skills launched
A one-day meet-up between project managers and not-for-profit groups will provide charities with more than $6,000 each worth of professional consulting help, organisers say. The event was organised
analysts upgrade stride on developed management strategy
Analysts reacted to Stride Property Group's annual results, post-balance date developments and flagging share price by upgrading their recommendations to various euphemisms of "buy." On the day the re
property for industry shareholders vote to internalise management
By Sophie Boot June 22 (BusinessDesk) - Property For Industry's managers will reap a $42 million payday after the industrial property investor's shareholders voted to internalise its management con
fonterra prioritising value over volume
By Rebecca Howard Sept. 26 (BusinessDesk) - Dairy giant Fonterra Cooperative Group is bringing its focus squarely back to New Zealand as it prioritises value over volume. It’s not the first time t
poor governance poor management at good spirits nzsa
Good Spirits Hospitality is a salient lesson for shareholders in poor governance and management, the New Zealand Shareholders Association says. The New Zealand stock exchange listed company is bein
fed probes morgan stanleys international wealth management practices
By Annamaria Andriotis Morgan Stanley’s wealth-management arm is being scrutinised by the Federal Reserve, which is looking into whether the bank has sufficient controls in place to prevent rich for
anz shuffles senior management roles
ANZ Bank NZ said its chief financial officer Stewart Taylor will become acting managing director of funds management from the end of this month. This is a new role created since Craig Mulholland, mana
datacom finds value in focus on ethics in tech
Ethical concerns are more important than ever for tech providers as customers are increasingly looking to work with companies making a positive impact, Datacom says. This was one of the key changes th
hipkins nz china relationship needs careful management
Prime minister Chris Hipkins says New Zealand’s relationship with China going into the future will require “careful” management – in the context of an increasingly complex global environment.
waste management cops 450k fine
The Wellington district court has fined Waste Management $450,000 for the chemical poisoning of employee James Gideon in August 2017. Gideon was overcome by hydrogen sulphide gas emitted at a treatmen
auckland emergency management found wanting
Another review into civil defence functions at Auckland council has found wider emergency processes were not up to scratch before the fatal Auckland floods earlier this year. Four people died and hund
kkr to buy perpetuals corporate trust wealth management units for 23b
By Alice Uribe SYDNEY— Perpetual has agreed to sell its corporate trust and wealth management businesses to buyout firm KKR in a deal worth around A$2.18 billion (NZ$2.3b). The Australian financia
pushpay valuation assumes management miss targets
Pushpay Holdings’ board of directors are pressing ahead with a scheme of arrangement vote after an independent valuer found the takeover offer scraped into its acceptable range. US-based private equ
smartshares us large value etf
The US Large Value Trust ("the Fund") is a unit trust, as defined in the Units Trust Act 1960.The beneficial interest in the Fund is divided into units, with each unit representing an equal interest i
goodman to pay 290m to bring management in house
Goodman Property Trust will pay $290 million to its Australian-listed management company and shareholder Goodman Group to internalise its management function. Bringing management in-house will cost th
too high traffic management costs questioned
A select committee has heard that road cones and other traffic management requirements can add significant extra costs to infrastructure projects. Ross Copland, the chief executive of the Infrastructu
how shareholder value became a wall street mantra
By Adrian Wooldridge Michael Jensen, who died on April 2, did as much as any single thinker to shape modern financial capitalism, particularly as it is practised in the Anglo-Saxon world. To his c
why milford asset management still engages with aussie coal producers
Milford Asset Management invests in fossil fuels and gaming companies but says even coal producers can benefit from investor engagement. For some companies, it’s one of the first times an investor h
cbls harris accepts management ban
CBL Corporation's managing director, Peter Harris, says he will not take on any management or director positions at any public company or licensed insurer in New Zealand after admitting to breaching s
augusta capital confirms loss of pie status as market value of funds management exceeds 10 of assets
By Jonathan Underhill March 24 (BusinessDesk) - Augusta Capital, the listed property investor and fund manager, will lose its Portfolio Investment Entity (PIE) status from July 1 because the value of.
sharesies buys investor management platform orchestra
Online sharetrading platform Sharesies has acquired Orchestra, an Auckland start-up providing private companies with investor solutions. Orchestra launched in 2020 after crowdfunding platform Snowball
sharesies buys investor management platform orchestra
Online sharetrading platform Sharesies has acquired Orchestra, an Auckland start-up providing private companies with investor solutions. Orchestra launched in 2020 after crowdfunding platform Snowball
waste management spends 50m on auckland landfill
The operator of a proposed landfill north of Auckland says it has spent $50 million on the consenting and pre-construction process to date. Waste Management NZ has faced fierce opposition to its plans
Finance News
Finance
One in 24 New Yorkers is a millionaire
Ranking of cities by wealth puts the Big Apple at the top.
Finance
Paul McBeth: Banking on the price of stability
Competition has a cost that some might not be willing to pay.
Finance
Cautious lending keeps lid on default rates – Reserve Bank
Non-performing mortgages have overtaken Covid levels.
*All returns are per annum, after fees and before taxes. Data updated at 1:07pm 09 May 2024 (NZT)
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