Menu
Menu
Search
Home

All News

IAG's NZ profit slumps as Berkshire deal more than doubles reinsurance costs

IAG's NZ profit slumps as Berkshire deal more than doubles reinsurance costs

By Paul McBeth Feb. 17 (BusinessDesk) - Insurance Australia Group's New Zealand division posted a 94 percent drop in first-half earnings as reinsurance costs more than doubled from an arrangement entered into with Warren Buffett's Berkshire Hathaway.  Sydney-based IAG's New...

Paul McBeth 16 Feb 2016
Ombudsman to investigate EPA's charging in Chatham Rock application

Ombudsman to investigate EPA's charging in Chatham Rock application

By Pattrick Smellie Feb. 17 (BusinessDesk) - Chatham Rock Phosphate has succeeded in persuading the Office of the Ombudsman to investigate the Environmental Protection Authority's charging regime for marine consent applications as it battles over its rejected plans to mine pho...

Pattrick Smellie 16 Feb 2016
Wynyard Group cancels planned share placement, considers other options including rights offer

Wynyard Group cancels planned share placement, considers other options including rights offer

By Fiona Rotherham Feb. 17 (BusinessDesk) - Wynyard Group has cancelled a planned share placement and special shareholders' meeting tomorrow, saying it is no longer viable and other capital raising options including a rights offer are being considered. Its shares remain in...

Fiona Rotherham 16 Feb 2016
A2 Milk shares soar to a record after jump in first-half profit

A2 Milk shares soar to a record after jump in first-half profit

Fiona Rotherham 16 Feb 2016
ANZ's local division posts 6% drop in first quarter profit on skinnier margins

ANZ's local division posts 6% drop in first quarter profit on skinnier margins

Paul McBeth 16 Feb 2016
Precinct Properties lifts 1H profit as it reorients to Auckland

Precinct Properties lifts 1H profit as it reorients to Auckland

Sophie Boot 16 Feb 2016
Wynyard shares halted on NZ stock exchange pending company announcement

Wynyard shares halted on NZ stock exchange pending company announcement

Tina Morrison 16 Feb 2016
Air New Zealand appeals in spat with pilots' union over cherry-picking terms

Air New Zealand appeals in spat with pilots' union over cherry-picking terms

Sophie Boot 16 Feb 2016
Blackstone buys Lendlease's NZ retirement village portfolio for undisclosed sum

Blackstone buys Lendlease's NZ retirement village portfolio for undisclosed sum

Paul McBeth 16 Feb 2016
NZ dollar hits 2-week low after weak inflation outlook, decline in GDT auction

NZ dollar hits 2-week low after weak inflation outlook, decline in GDT auction

Tina Morrison 16 Feb 2016
While you were sleeping: Oil outlook still clouded

While you were sleeping: Oil outlook still clouded

Margreet Dietz 16 Feb 2016
Dairy product prices slip, declining for fourth straight auction in 2016

Dairy product prices slip, declining for fourth straight auction in 2016

Margreet Dietz 16 Feb 2016
MARKET CLOSE: NZ shares rise with global rally on China, ECB; A2, Xero, Summerset gain

MARKET CLOSE: NZ shares rise with global rally on China, ECB; A2, Xero, Summerset gain

Jonathan Underhill 16 Feb 2016
Fairfax plans to axe 70 jobs, mainly in Wellington, to outsource subbing to Pagemasters

Fairfax plans to axe 70 jobs, mainly in Wellington, to outsource subbing to Pagemasters

Jonathan Underhill 16 Feb 2016
Foley Family Wines profits up on export jump to US

Foley Family Wines profits up on export jump to US

Edwin Mitson 16 Feb 2016
NZ dollar drops as inflation expectations fall stirs rate cut speculation

NZ dollar drops as inflation expectations fall stirs rate cut speculation

Paul McBeth 16 Feb 2016
All Black underwear sponsorship deal with Jockey boosts first-half sales 5%

All Black underwear sponsorship deal with Jockey boosts first-half sales 5%

Fiona Rotherham 16 Feb 2016
Zespri makes Psa resistant Gold3 kiwifruit central to its future

Zespri makes Psa resistant Gold3 kiwifruit central to its future

Edwin Mitson 16 Feb 2016
NZ inflation expectations slump to lowest in more than 20 years

NZ inflation expectations slump to lowest in more than 20 years

Jonathan Underhill 16 Feb 2016
Opus annual profit drops 36% on Canadian unit write-down, fattens dividend

Opus annual profit drops 36% on Canadian unit write-down, fattens dividend

Paul McBeth 16 Feb 2016
Cinema management software company Vista says no explanation for sudden share price drop

Cinema management software company Vista says no explanation for sudden share price drop

Fiona Rotherham 16 Feb 2016
Govt has room to shift spending around over next two years, English says

Govt has room to shift spending around over next two years, English says

Paul McBeth 16 Feb 2016
Open Country Dairy posts record annual profit in 2015

Open Country Dairy posts record annual profit in 2015

Tina Morrison 16 Feb 2016
Most Popular
1
RoofBuddy founder's previous venture was liquidated owing $2.2m
Gregor Thompson 2:31am
2
Rise in liquidations compounded by IRD crackdown
Gregor Thompson 2:30am
3
Inside Service Foods' mega-growth: From corner store to $500m
Victoria Young 1:48am
4
Windows 10 phaseout: an exercise in 'planned obsolescence'
Greg Hurrell 2:31am
5
Alliance Group on path back to profit, but unlikely to remain 100% farmer-owned
Riley Kennedy 2:31am