Settling into a second term in Government, Australia’s Anthony Albanese-led administration is doubling down on its Future Made in Australia agenda. At the heart of that is nearly A$23 billion (NZ$25
Oil and gas producers OMV and Todd Energy emerge as the most likely beneficiaries of the Budget 2025 announcement that the Government would invest up to 15% in a new oil and gas field. In a note to cl
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
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.
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
Uncertainty about energy policy, concerns over electricity prices and difficulties in negotiating contracts have driven an increase in the number of small and medium-sized businesses seeking to band t
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
Alliance Group is on track to return to profitability this year as it continues its hunt for fresh capital. It is nearly 12 months into its capital raise process to restore its balance sheet, having g
Josh Wineera (Lieutenant Colonel retired), is a director and co-founder of Latent, a consultancy company specialising in partnerships for advanced defence and national security technologies. He is a v
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
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 Jim Secreto President Donald Trump’s tech deals with the Persian Gulf states are recasting where the future of artificial intelligence will be built – and who will control it. And that future m
Electricity generators are pushing an “unhelpful narrative” that seeks to blame their largest customers for failing to hedge against high wholesale electricity prices when those prices are now a l
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 is setting aside $200 million to co-invest in new gas fields, to show investors it is prepared to have “skin in the game”. Resources Minister Shane Jones said the contingency fund,
I recently saw another column bemoaning how financial advisors talk about the bond market – the numbers, the jargon, and the maths that surrounds it. It’s considered a bit more nebulous than the
Ignoring the noise and being underweight in US stocks has helped the New Zealand Super Fund beat its benchmark. So far this year, European equities have outperformed their US counterparts by a wide ma
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
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
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
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