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
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
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
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
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
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.
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
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
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
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
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
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)
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
Frustrated FNZ employee shareholders have written to the company and its directors threatening legal action over a capital raise that would massively dilute their holdings. In March, the global fintec
By Danny Kemp with Sam Davies in Beijing US President Donald Trump abruptly paused tariffs on most countries Wednesday after admitting they made the markets nervous but doubled down on a brutal trade.
Despite booming interest in electrification, just four EV-exclusive carmakers posted a positive operating margin in 2024: Tesla, BYD, Li Auto and the lesser-known Series Group (responsible for China's
By Monica Hesse Where it stands right now is that Kilmar Abrego García appears to be out of options. The United States government says it is not legally obligated to save him; the Salvadoran presiden
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
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
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