Primary Sector
Explore the latest primary industry news by BusinessDesk.
Finance
Westpac lifted annual profit 69% after covid writeback
While Westpac's core earnings were up 9% and its costs grew at a slower 7% pace, its margins were squeezed in the second half.
Property
PFI buys T&G property in Hastings for $79.5m
T&G Global will lease the property for 15 years with a right to renew for a further 20 years.
Markets
Been there, done that: A2's class action opponent has previous form
The law firm pursuing claims that A2 Milk misled investors will use cases it won in the Australian courts on very similar grounds as precedent.
Finance
Jenny Ruth: Fonterra directors expected the share and unit prices to fall
Fonterra's directors were unanimous in their decision to cap the Fonterra Shareholders' Fund and on the need for a capital restructure.
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Riley Kennedy
Journalist
Riley was the New Zealand Shareholders Association emerging journalist of the year in 2022. His journalism experience includes more than a year as a business specialist at the Otago Daily Times. He has a diploma in journalism from Wintec.
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articles by Riley