Former IT contractor pleads guilty days before trial due to start
Law & Regulation

Former IT contractor pleads guilty days before trial due to start

A former IT contractor has admitted getting more than $4 million in kickbacks shortly before he was due to go on trial for corruption charges.The Serious Fraud Office (SFO) said the man pleaded guilty to receiving over $4m in kickbacks in the bribery and corruption case.A trial w...

Staff reporters 31 Oct 2024
Zespri's Europe-North America chief leaving after only a year
Primary Sector

Zespri's Europe-North America chief leaving after only a year

Nikki Johnson will stand in for Steven Martina as acting GM for Europe.

Staff reporters 31 Oct 2024
AG1 founder Chris Ashenden resigns amid scrutiny of NZ criminal history
Law & Regulation

AG1 founder Chris Ashenden resigns amid scrutiny of NZ criminal history

Investigation reveals victims of Chris Ashenden’s property deals never received full court-ordered reparations.The New Zealand founder of a world-leading supplement company has resigned amid a podcast investigation that raised questions over his criminal history and unpaid fines...

Staff reporters 31 Oct 2024
Woolworths NZ sales up 2.7% in Q1
Markets

Woolworths NZ sales up 2.7% in Q1

Woolworths Group sales across Australia and New Zealand increased by 4.5% in the first quarter of financial year 2025.NZ sales were $2.12 billion, up 2.7% from the same quarter in 2024, while total group sales were A$18b (NZ$19.8b), boosted by Petstock, without which they would h...

Staff reporters 30 Oct 2024