Grocery chain’s receivers report unsecured claims totalling $2.3 million.
Buyer mulls Nosh acquisition
Featured Comment:
"Even if it only gets sold for a song, it will still help to return some funds to the creditors".
Bublitz loses bid to throw out FMA case
Judge says Bublitz can be compensated later if he is acquitted.
Stay-at-home Kiwis starting to head away
New Zealand gained 72,100 new people in the year to August but migration trends are on the move.
Early votes hit the million mark
One in three have cast an advance ballot.
Featured Comment:
"Would be interesting to know if we can go to bed once the early vote result is revealed."
Auditor declines opinion on Veritas accounts
Annual report reveals first tranche of bank debt falls due in eight days.
Rear View: the best of NBR week ending September 22
Simon Dallow issues his pre-election warning, as well as looking back at the best NBR had on offer the week before decison 2017.
The Warehouse set to benefit from restructure, after profit slump
The retail giant’s annual after-tax net profit slumped 74% to $20.4 million.
Stuff revenue on the slide, ASX update reveals
Not so much of the right Stuff in the 2018 financial year year-to-date revenue.
The yeah, nah election
Labour is offering the style of radical change and the substance of little change: National is doing the opposite.
Featured Comment:
I love the reference to 'the boy who stood on the burning deck'
Time to vote for change
Opinion: Only one prime ministerial candidate has the vision, values, plan and competence for transformational economic and social change.
Featured comment:
"Thinking person's click bait!"
![MinterEllisonRuddWatts partner Stacey Shortall says more women in senior law roles "talking about [being working mothers] more openly"](https://www.nbr.co.nz/sites/default/files/styles/home_article_small/public/story_imgs/Shortall-Stacey.jpg?itok=CgnG6Xb4)
Are we there yet? Women lawyers may well ask
The Law Society is plugging a gender diversity and inclusion charter to resolve a lack of women in the profession’s higher ranks. NBR View's Susan Wood talks to lawyer Stacey Shortall on potential solutions.
Inquest: Perspectives on the political week
NBR’s political commentators – Michelle Boag, Josie Pagani, Rob Hosking and Jason Walls – discuss the election campaign highs and lows and what it is most likely to be remembered for.
Only one rule will matter in post-election brawl
After a week of misleading statements from Bill English and Winston Peters, an Otago academic lays down the law over the rules of MMP negotiations.
Featured Comment:
"That's the problem with MMP. New Zealanders don't elect the government. All the voters do is arm the various parties, and they slug it out amongst themselves"
Knowledge is power in NZOG takeover
Hunter's Corner: Rival bids for the oil and gas company expose an intriguing information imbalance.
Featured comment:
"This sort of deal would never get over the line in Australia where shareholders are more knowledgeable and simply tougher negotiators."
Featured Comment:
"I don't think we can expect anything much from National given they're a party of property investors with over 3 houses per person, and they're enjoying the absolutely premium mix of both tax-free wealth gains on their portfolio plus socialism for life on the taxpayer."
Featured Comment:
"Ah yes, the usual bluster from this company. Always 'next year', yet next year never seems to arrive. Been 20 years now and they STILL can't make a single profitable dollar"
Featured Comment:
"This is exactly what investment companies should do. Invest/buy shares in companies, sell shares at a profit. This gross profit then pays for the operational costs."
Featured Comment:
"This is going to hurt; KPMG have nothing to lose."
Featured Comment:
"When in a hole, stop digging..."
Featured comment:
"In any successful society Tax and levies are a necessity to fund and build the infrastructure and services that everyone uses to live, get to work, run their businesses, etc."
Featured Comment:
"Sounds like the product is ready - so where are the customers?"
Featured Comment:
"The only difference between insanity and genius is results."
Editor's pick
Business
TruScreen director Tim Preston withdraws nomination on eve of AGM
Tim Preston joined the TruScreen board in 2014.
Property
Pitiful new home numbers sign of ‘deeply troubling performance failure’
“It’s time to stop talking and actually get on with building houses," says Leonie Freeman.
"Taking on apprentices is currently a large cost of doing business that has to be recognised by government."
"Reality TV actually depicting reality. As I live and breathe"
Banking & Finance
Reserve Bank revamps rules for bank outsourcing to avoid failures
The Reserve Bank's revised policy tightens the rules to ensure the banks continue to function in the event of failure.
"High fees have been well disguised by high returns from the markets in the years since the GFC. However, as Brent alludes to, over the next decade I suspect returns will be a lot lower meaning high fees will become a much more obvious drag on both absolute and relative returns"
"The comments on the electricity companies miss the point...whilst they are expensive on pe they are not on price : cashflow and it seems pretty clear that,due to dividend policy,the directors privately believe depreciation charges are too high"
Technology
YikeBike maker hits Kickstarter for electric skateboard project – with a slight legal hitch
The latest invention from the Christchurch crew behind the YikeBike. PLUS: What's next and YikeBike sales revealed.
Politics
Man who set himself on fire outside Parliament dies
“Events like this are highly unusual and extremely unfortunate,” Senior Sergeant Glenn Turner said.
Law & Courts
Dave Henderson loses appeal against conditions imposed on bankruptcy discharge
Failed property developer "did not understand his responsibilities toward a commercial enterprise and was unlikely to act differently in the future."
Media
Polls, punditry and puffery
Media Watch: The election campaign has focused on the Labour Party’s earnest new leader and her soaring chances against Bill English.
"Sky are AWOL on three major issues at the moment - delivery, content and price. This looks like it will address the delivery issue, but let's see what happens with the other two"
"Here is an idea... speak to Helen.. she had the NZ taxpayer pay for a pledge card where you wrote down all the things you were going to do... at least you will be able to remember what you said 6 months earlier"
Appointments
Saturn Portfolio appoints new authorised financial adviser
Sharukh Abdali is a chartered financial analyst and a member of the CFA Society of New Zealand.
NBR Rich List
People Scene
Appointments
NBR Special Report
