The CommInsure sale will staunch the reputational damage.
National a point ahead of Lab/Green bloc in Newshub poll
Final poll points to a close race, but with Bill English in the box seat.
Delays hamper Truscreen in China
Medical device company updates shareholders, bars media from annual meeting.
Powerhouse accepts conditional offer for portfolio company
A boost to Powerhouse's rattling coffers.
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."
$1b development for disused quarry in Hamilton north
Perry Group's vision is to create a gateway to Hamilton and help address the city’s housing needs.
Leadership matters
Order Paper: Whichever leader – Bill English or Jacinda Ardern – becomes prime minister after Saturday, it will be a particularly personal triumph.
Modest GDP growth won't pressure Reserve Bank
The latest figures are consistent with New Zealand’s long-term growth trend.
Fishing lobby groups slam MPI, back Shane Jones
MPI Minister Nathan Guy said the NZ First hopeful was "grandstanding" when criticising the department but industry players disagree.
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.
KPMG hired to audit four Fletcher construction projects
Commercial Bay could be the next financial red hole.
Featured Comment:
"This is going to hurt; KPMG have nothing to lose."
Martin Aircraft secures 12 months' survival funding, reveals $24m loss
Chinese shareholder to the rescue but another $20 to $30 million needed to fix engine flaw. UPDATE: Full-year accounts released.
Featured Comment:
"When in a hole, stop digging..."
Tax – the love that destroys
Hidesight: Tax might be tolerable, though not justifiable, if it made society “better off” but it demonstrably does not.
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:
"Would be interesting to know if we can go to bed once the early vote result is revealed."
Featured Comment:
"Sounds like the product is ready - so where are the customers?"
Featured Comment:
"The only difference between insanity and genius is results."
Featured Comment:
"One of the most grievous concessions NZ made in the present TPP documents was to legislate for an extension of copyright and patent rights, primarily for the benefit of big pharma and other IP holders in the US"
Featured comment:
"After watching the Australian election campaign it is great to see this nation can still be civil, Twyford aside."
Featured Comment:
"Didn't Japan notice the mega increase in profit or where they too busy cashing in bonuses?"
Featured Comment:
"What does she mean by 'We have ruled out industrial action . . . .' Who makes the decision that unions should strike? Very curious."
Featured Comment:
"Examples of other Chairman/CEOs of listed companies that have said the market is "undervaluing" their shares: SLI Systems; ERoad; NZ Oil and Gas; Orion Health; Ike GPS. Not exactly joining a very illustrious list here..."
Featured Comment:
"I have seen better governance at the local tennis club than at FBU. "
Featured Comment:
"Taking on apprentices is currently a large cost of doing business that has to be recognised by government."
Business
Kiwi gives up gains on Fed balance sheet unwinding
The greenback initially fell after the Federal Open Market Committee kept the federal funds rate between 1% and 1.25%.
Property
The Block NZ’s meltdown illustrates the Auckland housing market better than any REINZ data
What the All Blacks giveth, a reality TV show and a cracked pipeline takeaway.
"Reality TV actually depicting reality. As I live and breathe"
Banking & Finance
Are KiwiSaver providers 'ripping off' Kiwis?
Financial adviser calls for cap on fees; fund managers, NZ Super Fund and Labour respond.
"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
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
Sky confirms Cisco deal for post-decoder future — and outlines key role for Vodafone
Sky TV licenses cloud technology for move beyond decoders.
"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
