Those in the know say last week’s announcement – about ANZ offshoring some high-level IT/data jobs – comes at bad time for NZ's IT sector.
WATCH: Near-term inflation a concern for the RBNZ, but the frosty economy is set to chill further over winter.
Tompkins Wake partner Daniel Erickson on how a specific clause in employment agreements at TVNZ tripped the broadcaster up.
UBS equity strategist Richard Schellbach on the week ahead for Australian markets.
The Rakon board has updated shareholders on a potential takeover bid received just prior to Christmas.
The Government aims to deliver a transport system that boosts productivity but the Greens say it will boost emissions.
Australian Treasurer Jim Chalmers has a delicate balancing act to perform on Tuesday.
As New Zealand overturns its ban, Australia’s Labor Government will introduce legislation to stop the trade.
The latest NZ Private Capital Monitor shows overall investment activity down but mid-market buoyant.
ANALYSIS: Results from the Big Four banks last week were solid enough, but the market might have to wait some time for new profit records to be set.
Jarden economist and strategist John Carran looks at the week ahead.
Master of Wine and new Lincoln honorary doctorate recipient is creating a beacon for what New Zealand can do from the land – and shooting for world fame.
ANALYSIS: A 2011 plan to become an international funds domicile hasn’t come to fruition, but it may still have legs.
ANALYSIS: Including a look at how pension funds, both locally and overseas, choose between the active and passive alternatives.
A literary conceit imagines what could have really happened.
ANALYSIS: Corrections Minister Mark Mitchell got his numbers badly wrong this week.
Decking Direct has opened the first two of more than 50 planned stores.
Dairy giant Waitonui Holdings, once valued over $125m, collapsed under massive debts, pushing it into receivership.
High-profile, award-winning journalist and broadcaster to shape narrative on key developments within Māori economy and ensure these stories receive the national attention they deserve.
Without it ‘democracy is the loser,’ says the Chief Ombudsman, in a rare submission on legislation.
Infrastructure Commission says cost overruns affect all commercial models, not just Public Private Partnerships.
Finance Minister Nicola Willis announced the new Social Investment Agency to a business crowd this morning.
Downgrade knocks an effective $75 million from expected group ebit, including restructuring costs.
Perfect storm of high fuel prices, low airline capacity, and significant investment in ground and air assets will serve to keep airfares in the clouds.
The retail group also confirmed online platform TheMarket’s fate.
Net core Crown debt is $21 billion higher than the same time a year earlier.
Capital gains tax should be part of a wider review of tax settings, it says.
The Reserve Bank itself was the victim of a cyber attack in December 2020 and has subsequently strengthened its own resilience to cyber risk.
The regulator spotted the market manipulation and informed JP Morgan of the breaches, which was then slow to respond.
AJ Park-owner IPH failed in its 2018 attempt to buy up its rival, but this time hopes a 13% premium on the shares will help it win out against two other firms.
Private equity firm acquiring the 138-year-old brand’s wealth and corporate trust businesses, leaving asset management side without a name.
The latest Young Company Finance deal data show a 12% drop in funding for New Zealand startups in 2023, particularly marked in the second half.
The Series C round for the UK-based startup was led by SoftBank and included Nvidia and Microsoft.
Imminent commissioning of onshore hyperscale data centres ticks boxes for Māori data framework.
NZICA Disciplinary Tribunal latest in legal wrangling between Robert Walker and Dave Henderson.
Former dairy farmer had argued the solar farm would hollow out the dairy industry.
The failed construction company’s former boss hasn’t yet paid anything towards a Supreme Court order of $60m, liquidators say.
It's the latest in a string of unfortunate events for the retail sector.
A hard and gloomy winter could lie ahead for retailers.
The incorporated society with 24 stores is shifting its strategy away from brick and mortar.
PwC's latest quarterly report shows just 26 deals were announced or completed in the first quarter of 2024.
The cuts are the second since November, totalling around 3% of the total headcount.
The Australasian wealth management and accounting firm hopes to triple in size over the next five years.
Receivers have put the boutique Queenstown hotel developed by the late Kevin Carlin up for sale.
Property group’s founders omitted key details about a falling out with their former friend and company CTO so they could gain an order freezing his assets, the court says.
Property developer Andrew McIntosh’s attempts to delay explaining what happened to $10m ‘speaks for itself’, judge says.
Carry On: Delta’s Olympic livery; ATR, Embraer, and Bombardier orders; NetJets’ Challenger 3500 buyer.
Carry On: Big orders from Turkish, Indigo and Air China, Lufthansa’s new cabin.
Administrator appointed, saying future will depend on discussions with leasing company.
Managing director and a portfolio manager in the team, Will Thomson will be based in Auckland.
Dr Jeremy Helson is leaving to take up a new position at an Australian marine consulting firm.
Lisa Nelson is currently based in the United States.