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Aviation News

Air New Zealand first with Boeing 787 cabin upgrade licence

Carry On: Airbus first class concept, tariff turmoil delays, US regionals merge.

Nevil Gibson Sat, 19 Apr 2025

Aviation News

Air New Zealand first with Boeing 787 cabin upgrade licence

Carry On: Airbus first class concept, tariff turmoil delays, US regionals merge.

Nevil Gibson Sat, 19 Apr 2025

NZ directors keeping calm and carrying on amid tariff confusion

ANALYSIS: Disruption is the new normal but many experienced directors have already built that into their plans.

Last Word

NZ directors keeping calm and carrying on amid tariff confusion

ANALYSIS: Disruption is the new normal but many experienced directors have already built that into their plans.

Calida Stuart-Menteath and Hamish McNicol Fri, 18 Apr 2025

Private Bin

Air NZ’s free $20m, RBNZ nerds, Mike McRoberts’ hair

Our weekly collection of news bites, hot takes, and gossip around the town.

Private Bin

Air NZ’s free $20m, RBNZ nerds, Mike McRoberts’ hair

Our weekly collection of news bites, hot takes, and gossip around the town.

NBR Staff Fri, 18 Apr 2025

Quick Takes

Quick Takes of the Week to April 18

In case you missed it: News bites for the week.

Quick Takes

Quick Takes of the Week to April 18

In case you missed it: News bites for the week.

NBR Staff Fri, 18 Apr 2025

MARKET MOVEMENTS

MUST WATCH: Indigenous storytelling

Heartland Bank inside trader gets home detention

Retail

More Aussie retail failures to impact Kiwi high streets

Law

Judge extends freezing orders over $5m dental practice debt

Hunter’s Corner

Conflicts of interest keep hanging around

Law

NBR Lister Kurt Gibbons dragged into Bayleys Queenstown spat

Economics

Inflation nudges higher amid global tariff uncertainty

Aviation News

Air New Zealand first with Boeing 787 cabin upgrade licence

Te Ao Māori

Urgent action urged on Treaty settlement failures

Margin Call

Govt slashes RBNZ proposed budget, notes rampant staff growth

Te Ao Māori

Indigenous storytelling a headline act

Book Review

The grim reality of a green future

Law

FMA CEO, adviser on $41k trip to Doha

FNZ calls in PR cavalry as staff dispute escalates

Employee shareholders at the fund administration firm say the value of their holdings has been destroyed by 'oppressive' capital raising terms.

Investment

Tourism Holdings issues profit warning on ‘sharp drop’ in demand

Booking intakes for the US from key European countries in the past week have been approximately 40% to 50% down on last year’s levels.

General Business

Interislander cops formal warning from ComCom

Cook Strait ferry service rapped over the knuckles for 2023 failings and refusal to pay compensation to affected passengers, but says it will get its house in order.

Primary Industries

Academic urges kiwifruit industry to address problems

‘Denial is the poisoned chalice, easily drunk by those who have worked hard to build the status quo.’

Featured

Te Ao Māori

Indigenous storytelling a headline act

Māori and Pasifika films are captivating audiences and driving significant economic growth in New Zealand's film industry.

Politics

Govt slashes RBNZ proposed budget, notes rampant staff growth

The central bank had asked for more than $1b over the five-year funding period.

Politics

Govt slashes RBNZ proposed budget, notes rampant staff growth

The central bank had asked for more than $1b over the five-year funding period.

General Business

AML law changes aplenty but struggling businesses await relief

Differing views from an AML lawyer and auditor characterise a sector singled out for ‘relief’ by the Government.

General Business

AML law changes aplenty but struggling businesses await relief

Differing views from an AML lawyer and auditor characterise a sector singled out for ‘relief’ by the Government.

Investment

Volatile market? Try zero correlation

A long short strategy may take the edge off the tariff chaos.

Investment

Volatile market? Try zero correlation

A long short strategy may take the edge off the tariff chaos.

Analysis

Edwards on Politics

The risks to democracy and free speech

ANALYSIS: People are thinking twice before standing for public office.

Brent Edwards Thu, 17 Apr 2025

Underarm

Aspiring homeowners wooed by both sides in Aussie election

ANALYSIS: Trailing in the polls, Opposition leader Peter Dutton has announced a radical plan for homebuyers to claim tax deductions on mortgage interest.

Lachlan Colquhoun Wed, 16 Apr 2025

Margin Call

NZME’s governance Gren(on)ade

ANALYSIS: James Grenon’s campaign to reshape NZME’s board signals more than shareholder activism – it’s a reminder of how fast governance risk can move from footnote to front page.

Paige Hennessy Tue, 15 Apr 2025

Shoeshine

Virgin float flies into Trump turbulence

ANALYSIS: Private equity owner Bain Capital is reportedly pushing ahead with the IPO, but it might be a tougher sell in the current market.

Lachlan Colquhoun Mon, 14 Apr 2025

Investment

Star shares resume trading on ASX after near-death experience

The company will emerge with new majority shareholders, with Bally's Corporation from the US in the driver's seat.

Lachlan Colquhoun Wed, 16 Apr 2025

Spark hires Infosys to cut costs and boost AI, cloud capability

Partnership expands cost-cutting programme to include transformation of Spark’s technology delivery model.

Will Mace Wed, 16 Apr 2025

Air NZ warns profit could dip 32% as engine compensation drops

Engine manufacturers have changed how they calculate compensation as ‘complicated’ negotiations continue.

Will Mace Wed, 16 Apr 2025

Economics

‘Wrong in so many ways’: RBNZ’s Conway kicks op-ed misinformation

The central bank’s chief economist aims to improve understanding of forecasts in a volatile and uncertain world.

Jonathan Mitchell Tue, 15 Apr 2025

Fiscal responses to shocks need to be targeted and temporary

Monetary policy is easier to reverse than fiscal policy, Treasury’s chief economic adviser Dominick Stephens says.

Brent Edwards Thu, 10 Apr 2025

Economists ponder sub-3% OCR amid global trade turmoil

WATCH: US President Donald Trump keeps RBNZ and economists alert over where NZ economy is heading.

Jonathan Mitchell Thu, 10 Apr 2025

Politics

Upton reiterates call for forests to be phased out of ETS

We can’t keep planting forests forever, says Parliamentary Commissioner for the Environment.

Brent Edwards Wed, 09 Apr 2025

Workers sick of the status quo and want change: CTU

They have a real sense of desperation, Richard Wagstaff says.

Brent Edwards Wed, 09 Apr 2025

Government pulls pin on NZ Green Investment Finance

Climate Change Minister Simon Watts says NZGIF was not delivering results.

Hamish McNicol Tue, 08 Apr 2025

Te Ao Māori

Urgent action urged on Treaty settlement failures

Ngāti Toa wants the Government to act on Treaty settlement failures as PM pledges stronger oversight.

Mike McRoberts Tue, 15 Apr 2025

Waikato Tainui, Brookfield in billion-dollar Ruakura Superhub JV

Waikato Tainui representative predicts: ‘With our culture and your dollars, we’re going to be awesome.’

Mike McRoberts Fri, 11 Apr 2025

Nelson Tenths descendants vow to continue fighting

A nearly two-centuries fight for justice continues after a bid for to fast-track an appeal was rejected.

Mike McRoberts Fri, 11 Apr 2025

Infrastructure

Public Works sweetener payments won’t cost the earth – Linz

Land agency and the NZTA say the incentives should be about half a percent of project value, citing about $20m across an initial three major national highway jobs.

Brent Melville Fri, 04 Apr 2025

250,000 new build products is a pipe dream, industry says

A new law will make little difference to the price of building products, observers say.

Brent Melville Thu, 03 Apr 2025

Vector faces another ComCom barrage, on ‘misuse’ of power

Simmering discontent by infill developers with the country’s largest lines operator will now be looked at by the competition regulator.

Brent Melville Tue, 01 Apr 2025

Australia

ASX plunges over 6.3% on opening in volatile sell-off

The fall was the biggest since March 2020, during the Covid pandemic.

Lachlan Colquhoun Mon, 07 Apr 2025

Relief for Aussie beef producers, but A$55b wiped off ASX

Australia’s beef industry had feared 20% tariffs on its US$3.3b in annual exports, so was relieved with the 10% announcement.

Lachlan Colquhoun Thu, 03 Apr 2025

Top regulators continue pressure on ASX over settlement failures

The ASX is maintaining the Chess system until 2032, but regulators see operational risk.

Lachlan Colquhoun Mon, 31 Mar 2025

Tech & Innovation

Legal concerns raised over use of AI tools by execs and directors

Simpson Grierson lawyer says directors can’t delegate fiduciary responsibilities to artificial intelligence – yet.

Will Mace Wed, 02 Apr 2025

Bontia Bio raises $1.25m to scale its animal flea treatment

In what’s being called a world first, Bontia Bio has developed a proprietary method of cloning and scaling the production of natural bioactive compounds that have a variety of uses.

Nicholas Pointon Wed, 26 Mar 2025

AWS’s new country head confident of cloud region launch this year

Manuel Bohnet has already led a cloud region launch as a high-level executive for the hyperscaler in Europe.

Will Mace Wed, 26 Mar 2025

General Business

Tariffs ‘clueless ... a train wreck,’ says Morrison

The chair of infrastructure investment firm Morrison & Co is not impressed with US trade policy but sees encouragement in the NZ Government’s approach.

Tim Hunter Tue, 15 Apr 2025

Auckland transport company in liquidation after $1m debt claims

Rams Logistics was placed into liquidation last month after court proceedings.

Jonathan Mitchell Mon, 14 Apr 2025

US visitors hit all-time high, Chinese numbers subdued

Tail of the Covid pandemic border closures is proving to be a lengthy one.

Brent Melville Mon, 14 Apr 2025

The NBR Podcast

Podcast #52: Craigs self-confessed bogan CEO Simon Tong

LISTEN: There’s nothing he likes more than old vinyl. Craigs Investment Partners CEO Simon Tong reveals his addiction to records – plus the reasons behind the $100m-plus private equity deal.

Simon Shepherd Tue, 15 Apr 2025

Podcast #51: The Accountants – the numbers haven’t been great

LISTEN: NBR’s annual Accountants series reveals tough times for the normally bullet-proof sector.

Simon Shepherd Tue, 08 Apr 2025

Podcast #50: Former CEO of the Year Rhiannon McKinnon

LISTEN: Rhiannon McKinnon was one of the youngest and few female bosses of a KiwiSaver fund. Her achievements led to her being crowned CEO of the Year. Now she's coaching the next crop of leaders.

Simon Shepherd Tue, 01 Apr 2025

Finance

Staff threaten lawsuit against FNZ over alleged oppression

Employee shareholders seek compensation for preferential shares issues they say have cost them billions.

Tim Hunter Mon, 14 Apr 2025

NZ bank sector heavily regulated? No way, says FMA

Chief executive Samantha Barrass also tells banking inquiry that NZ is way behind on open banking.

Jonathan Mitchell Wed, 09 Apr 2025

FNZ investors tip in a further $880m

The fund administration platform raises further funds to execute 'refreshed strategy'.

Tim Hunter Mon, 07 Apr 2025

Law

FMA CEO, adviser on $41k trip to Doha

Market regulator to meet with international regulators at international conference next month.

Hamish McNicol Mon, 14 Apr 2025

Lawyer slams ‘political interference’ in bank class action

Minister says a retrospective measure in consumer lending Bill is about balance and equity.

Tim Hunter Wed, 09 Apr 2025

Name suppression still on the line for bribery accused

Judge reserves decision on application for continued suppression of property developer implicated in Auckland corruption case.

Brent Melville Tue, 01 Apr 2025

Professional Services

Du Val lawyer splits from iClaw legal firm, new CEO also ousted

Restructure of one of Hamilton’s biggest legal firms comes after its link to failed townhouse developer Du Val.

Brent Melville Fri, 11 Apr 2025

Scyne cuts Aussie headcount by 10% as Canberra cuts consultants

Created as a specialist firm to service the public sector, Scyne is hurting from the move to insourcing.

Lachlan Colquhoun Fri, 04 Apr 2025

Shaping the future: EY New Zealand elects new managing partner

Assurance leader Susan Jones takes over from Simon O’Connor, who has led EY NZ since 2011.

Hamish McNicol Wed, 02 Apr 2025

Primary Industries

New ownership offers ‘big opportunity’ in China for Egmont Honey

The mānuka honey company has been acquired by international private equity, in a deal thought to be more than $100m.

Kate McVicar Thu, 10 Apr 2025

NZ startup puts eyes on farms as it closes post-seed raise

Aimer founder Jeremy Bryant targets up to $2m to grow team and expand to new markets.

Jonathan Mitchell Wed, 09 Apr 2025

Minorities gain higher Rural Equities takeover price

A small group of shareholders led by Andrew Harmos had objected to the Cushing family offer.

Hamish McNicol Mon, 07 Apr 2025

Retail

The Body Shop NZ owes $12m

The first liquidator's report shows the retailer recorded multiple years of trading losses.

Kate McVicar Thu, 03 Apr 2025

Analysts estimate Ikea will generate $191m revenue in NZ

Incoming Swedish retailer expected to grab market share from existing players such as Briscoes, says Forsyth Barr.

Kate McVicar Tue, 18 Mar 2025

How Fashion Week is adapting to survive

Its new owner describes the 2023 event as ‘the best philanthropic event I’ve ever done’.

Kate McVicar Fri, 14 Mar 2025

Property

Mortgage wars: BNZ wins skirmish, drops 18-month rate to 4.95%

Big banks start rolling back one-to-two-year mortgage rates, while longer-term rates remain higher.

Brent Melville Wed, 16 Apr 2025

NZICC opening will be a ‘game changer’ – Nigel McKenna

Many new builds in Auckland CBD were built in the belief NZ’s largest business drawcard would be up and running long ago, Templeton Group founder says.

Brent Melville Wed, 16 Apr 2025

Housing whirligig resumes, as Auckland prices ramp up

Asking prices hit a 10- month high in March, rallying back above the $1 million level as interest rates fall.

Brent Melville Mon, 14 Apr 2025

Deals

How a Tweet led to a $175m deal for Serato

In an exclusive interview with NBR, co-founders talk Commerce Commission, growth, and getting into politics.

Hamish McNicol Wed, 02 Apr 2025

DJ software company Serato sells 66% stake to Canadian company

Deal values Serato at close to $175m.

Hamish McNicol Tue, 01 Apr 2025

Craigs private equity deal gets shareholder, OIO approval

TA Associates stake worth more than $100m, still needs court sign off.

Simon Shepherd Fri, 21 Mar 2025

NBR Focus

The Accountants 2025: PwC plotting AI-driven future

NZ chief executive Andrew Holmes on client agendas, consultations, and cautious optimism.

Hamish McNicol Fri, 11 Apr 2025

The Accountants 2025: the country hasn’t performed well

BakerTillyStaplesRodway chair David Searle on longevity, outsourcing, and surviving through 2025.

Hamish McNicol Thu, 10 Apr 2025

The Accountants 2025: why accounting is ripe for PE investment

ANALYSIS: Mercury Capital’s Findex deal a sign of things to come for New Zealand firms.

Hamish McNicol Thu, 10 Apr 2025

Representing the 500 or so descendants of the former eastern Māori MP Wi Pere, the trust generates above-average returns from 7000 hectares of hill country and a relatively small 79ha horticulture unit.

NBR Staff Wed, 23 Oct 2024

Featured NBR Lister 2024: Sir Michael Hill

Earlier this year Sir Michael held a private golf tournament at his exclusive golf course, The Hills, to raise money for environmental conservation organisation Southern Lakes Sanctuary.

NBR Staff Tue, 22 Oct 2024