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blair bryant resigns as director of powerhouse ouster meeting cancelled
By Jonathan Underhill June 30 (BusinessDesk) - Blair Bryant has resigned from the board of Powerhouse Ventures and as a result the ASX-listed, Christchurch-based technology incubator has cancelled a
former pm shipley keen to leverage boao appointment for nz inc
By Paul McBeth in Shanghai April 22 (BusinessDesk) - Former Prime Minister Jenny Shipley wants New Zealand firms to take advantage of her appointment to the board of the Boao Forum, which is made
air nz juggles engines from five aircraft as fault inspection drags on
Air New Zealand’s latest investment with Pratt & Whitney won’t come soon enough for the national carrier to jump the queue for early inspections of engines and blade repair in its fleet of 18 A320
seasonal kiwifruit labour shortage declared for bay of plenty
By Rebecca Howard May 7 (BusinessDesk) - The Ministry of Social Development has declared a seasonal labour shortage across the Bay of Plenty in a bid to find at least 1,200 people to pick and pack the
tradie loyalty rewards are taxable ird
Tradies receiving loyalty rewards like barbecues and fishing tackle from building products merchants must pay tax on them, the Inland Revenue Department has told the sector. Submissions close on Wedne
on the money the comcom grinch forecasting fumbles the downward trajectory of just about everything
On the Money is our weekly newsletter of general frippery from the worlds of business and government. For Contact Energy boss Mike Fuge, the night before Christmas was set to be an exciting time. Come
graeme hart agrees to sell packaging corporation
One of New Zealand’s wealthiest men, Graeme Hart, has agreed to sell his packaging corporation Pactiv Evergreen, according to an announcement overnight. Nasdaq-listed Pactiv said it had agreed on a
graeme hart sells packaging corporation
One of New Zealand’s wealthiest men, Graeme Hart, has sold his packaging corporation Pactiv Evergreen, according to an announcement overnight. Nasdaq-listed Pactiv said it had agreed on a merger wit
nz inc should demand better outcomes from financial regulation
If you are in the financial services sector it is a confusing time to be regulated and a lot of that confusion has revolved around one word: “outcomes”. Political journalists had a taste of that c
market close nzx 50 rises to record fp healthcare result adds to upbeat nz inc sentiment
By Jonathan Underhill May 27 (BusinessDesk) - New Zealand shares rose as better-than-expected full-year earnings from Fisher & Paykel Healthcare added to upbeat sentiment for the local market. Mainfre
nz inc should be capitalising on covid free status and pms global profile
New Zealand should be capitalising on our covid-free status and the global reputation of Prime Minister Jacinda Ardern but the government still has a counterproductive "fortress New Zealand" mentality
little sign nz inc is focusing on 99 certain el nino summer
By Tina Morrison Oct. 28 (BusinessDesk) - New Zealand may be heading for a "super El Nino" weather pattern this summer, reminiscent of 1997/98 when drought parched the east of the country and sapped
jenny ruth super fund sells nz inc down the river with metlifecare sale
It doesn't take too much thought to conclude the New Zealand Superannuation Fund has sold NZ Inc down the river when it comes to the Metlifecare takeover. With the Super Fund having agreed to sell to.
powerhouse calls special meeting to dump blair bryant as a director
By Jonathan Underhill June 28 (BusinessDesk) - Powerhouse Ventures has called a special meeting of shareholders to vote on removing Blair Bryant from the board of the ASX-listed, Christchurch-based t
nz inc is a business so what are shareholders getting
A lot has been made of the fact we now have a business-like leader in government, but far less noise has been made about the fact his approach doesn’t really represent how business leaders operate i
business of tech podcast tech adoption lag holding back nz inc
Ben and Peter talk to Spark CEO Jolie Hodson and NZIER principal economist Christina Leung about the recent research into how adopting more advanced digital tech can boost industry output by up to $26
crown wants home detention added to lombards graham jeffries bryant more for reeves
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....
why keeping kiwibank kiwi is crucial for aotearoa inc
The company I founded in 2009, Ockham Residential, would not exist today if it weren’t for Kiwibank. At the start of our journey, in the middle of the GFC (global financial crisis), I approached s
methane wars will nz inc subsidise farmers
The rest of the economy will have to pay a higher price than otherwise if agricultural methane emissions are not required to assist with reducing the rise in global temperature. That is a key finding.
diligent buys boardlink from thomson reuters for us10 million
By Suze Metherell Oct. 20 (BusinessDesk) - Diligent Corp, the governance app developer, has acquired BoardLink from financial services firm Thomson Reuters for US$10 million in cash to widen its port
maori enterprise outperforming nz inc report
Māori are over-represented in just about every social ill the government measures. However, things are changing. So much so, in fact, that the Māori economy may be just the kind of new engine of gro
metlifecare names air nzs richard thomson as chief financial officer
By Jonathan Underhill May 31 (BusinessDesk) - Metlifecare has named Richard Thomson, Air New Zealand's general manager commercial, as chief financial officer starting in mid-September. Thomson started
meet nzs new master of wine sophie parker thomson
New Zealand now has 15 Masters of Wine (MW). Globally, there are only 418 – 149 women and 269 men – in 32 countries. Since the first exam nearly 70 years ago, just 493 people have become MWs. New
air nz picks up richard thomson from metlifecare
Air New Zealand has appointed Richard Thomson as its new chief financial officer. He will start at the airline in early 2021. Outgoing CFO Jeff McDowall will depart Air NZ after the airline’s capita
nz sharemarket flat as auckland airport share sales take off
The heavy trading in Auckland International Airport shares captured the attention of the New Zealand sharemarket, while the other stocks had a reasonably quiet day. The S&P/NZX 50 Index traded in a ra
Finance News
Finance
$400m Christmas bonus for Cryptopia victims
This is the first big payout since a hack and theft in 2019.
Finance
Auditing the Auditors
Audit fee rise is NZ playing ‘catch up’
Auditors have relied on importing talent, says NZSA's Oliver Mander.
Finance
HYEFU: Big bump to bond programme
Looser than expected fiscal policy drives a much bigger bond programme.
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