News in Brief

News in Brief
NZX-listed Greenfern in receivership
News in Brief

NZX-listed Greenfern in receivership

Listed cannabis company now in the hands of Waterstone Insolvency.

Staff reporters 25 Feb 2025
Andrew Bayly stands down as minister
News in Brief

Andrew Bayly stands down as minister

Andrew Bayly will stand down as a Government minister after an “animated discussion” with a staffer, during which he “placed a hand on their upper arm, which was inappropriate”.He was the minister of commerce and consumer affairs. “Concerns have been raised with me about a recent...

Staff reporters 24 Feb 2025
Chorus reports a 1H net loss
News in Brief

Chorus reports a 1H net loss

Chorus says the soft economy drew customers to cheaper plans and caused a drop-off in new property development, which hit its new-install revenue.The ultra-fast broadband network operator swung to a first-half net loss of $5 million from a $5m profit for H124 on flat Ebitda ($346...

Staff reporters 24 Feb 2025
Former POAL CEO Tony Gibson to pay $190,000 for worker's death
News in Brief

Former POAL CEO Tony Gibson to pay $190,000 for worker's death

Former Ports of Auckland (POAL) chief executive Tony Gibson has been sentenced more than four years after a young father was killed in a workplace accident.Gibson was found guilty last year after the death of stevedore Pala’amo Kalati, who was crushed by a falling container in Au...

Staff reporters 21 Feb 2025