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Fonterra's Dira breach appeal rejected by Supreme Court

Fonterra's Dira breach appeal rejected by Supreme Court

By Sophie Boot Dec. 21 (BusinessDesk) - Fonterra Cooperative Group breached the Dairy Industry Restructuring Act (Dira) by imposing less favourable terms on farmers who had previously supplied the failed New Zealand Dairies, the Supreme Court has confirmed. In 2015, the Hig...

Sophie Boot 20 Dec 2017
Commerce Commission takes court action against GEA Milfos alleging cartel pricing

Commerce Commission takes court action against GEA Milfos alleging cartel pricing

By Tina Morrison Dec. 21 (BusinessDesk) - The Commerce Commission is taking High Court action against GEA Milfos International alleging the milk testing technology company engaged in cartel pricing with rival Smart Farm Technologies. The regulator alleges Milfos breached th...

Tina Morrison 20 Dec 2017
China Construction Bank becomes 25th lender registered in NZ, joining NZ subsidiary

China Construction Bank becomes 25th lender registered in NZ, joining NZ subsidiary

By Jonathan Underhill Dec. 21 (BusinessDesk) - China Construction Bank Corp (CCB) has become the 25th lender to be registered to provide banking services in New Zealand, the Reserve Bank says. The Chinese lender will operate in New Zealand as a branch. It also has a subsidi...

Jonathan Underhill 20 Dec 2017
NZ economy grows 0.6% in third quarter as construction ticks up

NZ economy grows 0.6% in third quarter as construction ticks up

Rebecca Howard 20 Dec 2017
OIO rejects HNA's $660 million UDC Finance purchase

OIO rejects HNA's $660 million UDC Finance purchase

Paul McBeth 20 Dec 2017
RESEND: TruScreen begins selling TruScreen2 devices to China

RESEND: TruScreen begins selling TruScreen2 devices to China

Rebecca Howard 20 Dec 2017
Genesis generator fault won't hit FY18 guidance despite cutting capacity 43%

Genesis generator fault won't hit FY18 guidance despite cutting capacity 43%

Sophie Boot 20 Dec 2017
Contact to sell Ahuroa Gas Storage to Gas Services NZ for $200M

Contact to sell Ahuroa Gas Storage to Gas Services NZ for $200M

Paul McBeth 20 Dec 2017
Fonterra's NZ November milk collection only slightly higher as dry weather takes toll

Fonterra's NZ November milk collection only slightly higher as dry weather takes toll

Rebecca Howard 20 Dec 2017
NZ dollar edges up as GDP looms, US tax bill passes Senate

NZ dollar edges up as GDP looms, US tax bill passes Senate

Paul McBeth 20 Dec 2017
While you were sleeping: Tax bill passes Congress, FedEx rallies

While you were sleeping: Tax bill passes Congress, FedEx rallies

Margreet Dietz 20 Dec 2017
MARKET CLOSE: NZ shares weaken as A2, property stocks drop, while Synlait gains on fresh milk plans

MARKET CLOSE: NZ shares weaken as A2, property stocks drop, while Synlait gains on fresh milk plans

Sophie Boot 20 Dec 2017
NZ dollar falls on wider November trade deficit, drop in dairy prices

NZ dollar falls on wider November trade deficit, drop in dairy prices

Rebecca Howard 20 Dec 2017
Government names members of tax working group

Government names members of tax working group

Rebecca Howard 20 Dec 2017
Veritas CEO Morton to buy back Mad Butcher for $8M, less than 25% of original price

Veritas CEO Morton to buy back Mad Butcher for $8M, less than 25% of original price

Paul McBeth 20 Dec 2017
Facebook, Google different to news producers, court finds

Facebook, Google different to news producers, court finds

Paul McBeth 20 Dec 2017
Synlait enters fresh milk market with Foodstuffs South Island, to invest $125M in new facility

Synlait enters fresh milk market with Foodstuffs South Island, to invest $125M in new facility

Jonathan Underhill 20 Dec 2017
NZ commodity exports rise to a record for a November month as dairy prices lift

NZ commodity exports rise to a record for a November month as dairy prices lift

Tina Morrison 19 Dec 2017
Annual migration unchanged in November, slowing continues, Stats NZ says

Annual migration unchanged in November, slowing continues, Stats NZ says

Sophie Boot 19 Dec 2017
NZ current account deficit widens in 3Q as dairy exports fall, more Kiwis travel

NZ current account deficit widens in 3Q as dairy exports fall, more Kiwis travel

Rebecca Howard 19 Dec 2017
Abano posts 2% gain in first-half profit on dental growth, agrees to sell Ascot Radiology for $17M

Abano posts 2% gain in first-half profit on dental growth, agrees to sell Ascot Radiology for $17M

Jonathan Underhill 19 Dec 2017
NZX to change pricing next year in effort to stoke liquidity

NZX to change pricing next year in effort to stoke liquidity

Paul McBeth 19 Dec 2017
NZ dollar dips back below 70 US cts after dairy prices fall, economic data looms

NZ dollar dips back below 70 US cts after dairy prices fall, economic data looms

Paul McBeth 19 Dec 2017
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