Mowbray family company plans to build an "industrial centre" and have the Vietnam prime minister's endorsement.
Is Mercury tilting at windmills?
Analysis: Is paying a premium for a minority stake ever justified?
Markets fixated on two words
One economist sees a glass half full, another sees it half empty,
Tough times for Tesla as carmakers catch up with disruptor
General Motors has many product lines to draw upon for revenue; Tesla only has three.
The Week Ahead
The NBR news agenda for the coming week.
Trump's trade war could pay off
Opinion: China's trade practices need to change and President Trump holds the upper hand.
Featured comment:
"Trump has Australia supporting him - not necessarily a smart move from them as China is their major trading partner"
Nothing is forever (except for the euro crisis)
Opinion: The barometer that tracks the true state of the euro crisis has never been higher than today.
Theranos founder fooled investors: three big lessons
Elizabeth Holmes fooled investors with the promise to revolutionise healthcare – and is now on the hunt for new investors.
Featured Comment:
"Holmes and her boyfriend/COO have left a trail of destruction and broken lives, unbelievable if they don’t end up in jail"
The best of NBR's Week
Top rating stories and editor's picks.
Featured Comment:
"A fool and his money are easily separated."
Featured Comment:
"Moving decision makers closer to the coal face (are we allowed to use that term here in NZ anymore?) has the compounding effect of being more responsive, more relevant, and removing layers of review and approval."
Featured comment:
"A true skewering of a shambolic mess."
Featured Comment:
"If Spark continues to win the rights to RWC type tournaments, and Sky continue to hold on to the other main ones, that could be a poor/costly outcome for consumers. "
Business
More Kiwi migrants leave in May, propelling slower population growth
Net migration gain in May slowed to 66,200 from 67,000 in April, while visitor arrivals topped 220,000.
Property
Auckland's soggy housing market may discourage new builds
House prices rose nationally but fell in Auckland.
"The investment thesis no longer stacks up, and just as night follows day, bust follows boom."
Banking & Finance
Tax changes can slash house prices and boost home ownership, Westpac says
Ring-fencing property investors’ losses will have the least impact of any tax.
"I fear Cullen will be thinking about reintroducing a new tax bracket (perhaps 39%) and therefore ringfencing losses may actually be more productive than Mr Stephens has estimated."
"A performance fee only 'aligns incentives' if it incentivises the manager to outperform an appropriate benchmark, but is NOT paid if the manager fails to beat the benchmark. "
Technology
Spark's fixed-wireless growth could be slowing
Analysts see fixed-wireless as a highly desirable market for Spark because Chorus can't clip the ticket. PLUS: Vocus updates on UFB.
Politics
Gluckman believes three-year parliamentary term should be extended
Evidence needs to inform the public debate and policy making. Watch Brent Edward's interview with the out-going Prime Minister's chief science adviser.
Law & Courts
Judge rules against Chamberlain Park golfers
“Blow for the working classes,” golfing group says after losing to Auckland Council.
Media
Sky launches low-cost, mobile-only version of Fanpass
PLUS: Android TV, Netflix and maybe even a Lightbox app are in the company’s future.
"DAB means more consumer choice, and a chance to find some sort of hybrid between treating radio frequencies as property to be bought and sold, and allocating spectrum to deliver a diverse range of content in the public interest"
Appointments
Propellor Property Investments appoints CEO
Keith Ward assumes day-to-day management responsibilities from founder and principal Nikki Connors.
NBR Rich List
Appointments
NBR Special Report
