News in Brief

News in Brief
Tony Balfour to retire from Warehouse board
News in Brief

Tony Balfour to retire from Warehouse board

The Warehouse Group director, Tony Balfour, will stand down after 12 years on the retailer's board.In a statement to the New Zealand Exchange (NZX) on Tuesday, the company said Balfour would not seek reelection at its annual shareholders' meeting in November.His departure...

Staff reporters 15 Oct 2024
Silver Fern Farms Co-op takes a 12.5% stake in WoolWorks
News in Brief

Silver Fern Farms Co-op takes a 12.5% stake in WoolWorks

Silver Fern Farms Co-operative has taken a 12.5% share in WoolWorks.The Napier-based company is the country’s largest wool scourer by volume in the world and provides commissioned wool scour services to wool growers, manufacturers and exporters.It handles roughly 80%, or more tha...

Riley Kennedy 15 Oct 2024
Ben Bateman appointed CEO of Te Rūnanga o Ngāi Tahu
News in Brief

Ben Bateman appointed CEO of Te Rūnanga o Ngāi Tahu

Te Rūnanga o Ngāi Tahu interim chief executive Ben Bateman will step into the role in a permanent capacity. Bateman, who has been acting CEO since Arihia Bennett stepped down seven months ago, has been appointed for a three-year term. Bateman has held various roles for the iwi. S...

Staff reporters 14 Oct 2024
Card spending flat in September: Stats NZ
News in Brief

Card spending flat in September: Stats NZ

The spending downturn has been 'arrested', says Westpac Economist Satish Ranchhod.

Gregor Thompson 14 Oct 2024