The government plans to issue sovereign green bonds from next year to help raise funds for New Zealand’s low carbon transition. “Green bonds will enhance the development of New Zealand’s susta
Last year, I noted the risk of a sovereign credit rating downgrade. It would not be the end of the world, representing a margin of excellence tweak, but a dent in the Government's fiscal and economic.
The Environmental Protection Authority is now technically insolvent because it has a $10 million government loan to manage the new fast-track approvals process. The authority (EPA) wasn’t keen on ta
The Cabinet has signed off a new set of rules for foreign investors, with Prime Minister Christopher Luxon now in the planning stages of their announcement. After a long tussle between the Act and New
Lower generation and higher energy costs hit Mercury’s earnings in the first half of the 2025 financial year, as the company and sector focus on surviving the coming winter. Mercury reported a $16 m
Fourth pillar needed? The Government has announced what it says will be “the biggest change to infrastructure funding and financing since the early 2000s”, but according to a Melbourne-based sover
The ever-increasing number of eyes on SailGP’s races, a host of new global sponsors and the acquisition of the US SailGP team have raised hopes that New Zealand’s national team will one day be sol
Current options for importing liquefied natural gas are too expensive and risky, but Meridian chief executive Neal Barclay says a more “unique” bespoke New Zealand option may still be on the cards
Chinese artificial intelligence company DeepSeek is disrupting the soaring share price trajectory of the great technology disruptors, and there are some lessons in it for New Zealand Inc. One of the w
In a sea of pessimism about Donald Trump at the University of Waikato Economics forum this year, former Australian Prime Minister Scott Morrison strikes an upbeat note. And why wouldn’t he? Unlike
AIA New Zealand, which Nick Stanhope has led since July 2018, is the country's largest life and health insurer. I grew up in Auckland and had a happy childhood. Mum was very loving – you know, a t
A leading infrastructure investor with more than $100 billion of assets under management has committed to bidding on at least five New Zealand public-private partnerships over the next five years. Ple
S&P Global Ratings says its recent downgrading of the institutional framework for local council borrowing is “a big deal”, and both central and local governments are to blame. It told BusinessDesk
By Paul McBeth July 11 (BusinessDesk) - Government-owned lender Kiwibank has had the outlook on its credit ratings upgraded by Fitch Ratings as a result of its upbeat assessment of the sovereign earli
The chaos of US President Donald Trump’s administration will be the catalyst for a “sea change in the world”, but the new world order will be made by someone else, global economy-watcher Andrew
Antarctica New Zealand is seeking a pre-construction partner for its reset Scott Base redevelopment project, which now won’t be delivered until 2030. The Crown entity failed to reach commercial term
Much Ado About Nothing, The Taming of the Shew, and The Comedy of Errors are a few of the 16 comedies William Shakespeare wrote between 1598 and 1610. I’m still deciding which one we (New Zealand)
The Government has unveiled a list of more than 100 global investors, iwi groups, construction companies and infrastructure experts set to attend its marquee investment summit in Auckland next week. A
Fieldays was on the campaign trail. Changes to the immigration system are causing more harm than good....
By Paul McBeth Sept. 21 (BusinessDesk) - AIA Group, the Hong Kong stock exchange-listed life insurer, wants to beef up life insurance cover across Australasia and broaden its distribution networks wit
By Paul McBeth Aug. 9 (BusinessDesk) - Commonwealth Bank of Australia's New Zealand earnings were boosted by a 13 percent gain in ASB Bank's cash profit as the kiwi lender benefited from smaller charg
By Paul McBeth Sept. 21 (BusinessDesk) - Commonwealth Bank of Australia has sold its trans-Tasman life insurance businesses CommInsure Life and Sovereign Assurance for A$3.8 billion to global insurer.
By Sophie Boot March 2 (BusinessDesk) - Sovereign Assurance, New Zealand's biggest life insurer, has appointed Nick Stanhope as chief executive. Stanhope comes to the role from Sovereign's parent ASB.
By Greg Ritchie Sovereign debt costs are expected to double over the next three years, putting governments increasingly at the mercy of bond investors, according to Janus Henderson Group. Government
The New Zealand Superannuation Fund should consider opening an international office, potentially in London, to improve its access to private market investment opportunities, according to a five-yearly
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