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Book Review

From good to great: A Kiwi’s guide for CEOs

ANALYSIS: Former Z Energy boss Mike Bennetts reveals how to rise above the ordinary.

Nevil Gibson Sun, 03 Dec 2023

Book Review

From good to great: A Kiwi’s guide for CEOs

ANALYSIS: Former Z Energy boss Mike Bennetts reveals how to rise above the ordinary.

Nevil Gibson Sun, 03 Dec 2023

AirAsia opens more routes to Central Asia, China, India

Carry On: B7373 Max-10 test flights, more Thai airlines, new routes.

NZ Aviation News

AirAsia opens more routes to Central Asia, China, India

Carry On: B7373 Max-10 test flights, more Thai airlines, new routes.

Nevil Gibson Sat, 02 Dec 2023

Last Word

Underfunded newsrooms a concern for democracy

ANALYSIS: Winston Peters’ claims of media bribes are off the mark.

Last Word

Underfunded newsrooms a concern for democracy

ANALYSIS: Winston Peters’ claims of media bribes are off the mark.

Calida Stuart-Menteath and Hamish McNicol Fri, 01 Dec 2023

Investment

Bright Dairy ‘steadfast’ in support for Synlait

Statement from milk processor’s big Chinese shareholder appears to tamp down speculation on A2 Milk transaction.

Investment

Bright Dairy ‘steadfast’ in support for Synlait

Statement from milk processor’s big Chinese shareholder appears to tamp down speculation on A2 Milk transaction.

Tim Hunter Fri, 01 Dec 2023

MARKET MOVEMENTS

Psychosocial hazard rules coming

Elanza Fresh’s assets sold to creditor, major shareholder

Hunter’s Corner

Dodgy legals in council company loans

Business

Ex-Methanex CEO puts Waiheke’s Tantalus Estate up for sale

Investment

Council bond buyback creates conundrum for investors

Beehive Banter

Dealing with Winston, the first 100 days, smoking backtrack

Toil & Trouble

Psychosocial hazard rules coming to NZ

Book Review

From good to great: A Kiwi’s guide for CEOs

Morning Brew

Temporary truce extended in Gaza; Musk’s expletive-driven rant

Last Word

Underfunded newsrooms a concern for democracy

Business

Elanza Fresh’s assets sold to creditor, major shareholder

Investment

Bright Dairy ‘steadfast’ in support for Synlait

Investment

Council bond buyback creates conundrum for investors

Last Word

Underfunded newsrooms a concern for democracy

Politics

Some oil and gas producers scared away for good: Shane Jones

Politics

Act confident better regulations will improve lives

Margin Call

Renewable energy: a once in a generation investment opportunity?

Beehive Banter

Dealing with Winston, the first 100 days, smoking backtrack

Politics

Political styles clash in coalition Government

Temporary truce extended in Gaza; Musk’s expletive-driven rant

And the ‘great wealth transfer’ picks up pace.

Quick Takes

Quick Takes of the Week to December 01

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

Law

‘I want my day in court’: Henderson pushes to clear his name

Dave Henderson disagrees with the stay of proceedings made during the Covid-19 pandemic in 2020.

Politics

NZ’s involvement in Aukus on the radar with bullish pro-US talk

Similarity between NZ and US ‘values’ constantly referenced in business summit held in Auckland today.

Featured

Economics

‘Strong warning’ about another OCR hike after ‘shock’ statement

Kiwibank chief economist Jarrod Kerr surprised by tough language in RBNZ’s November monetary policy statement.

Investment

Unusual times ‘still ankle tapping us’: FPH boss

Medical device manufacturer’s share price jumps nearly 7% after beating interim guidance.

Investment

Unusual times ‘still ankle tapping us’: FPH boss

Medical device manufacturer’s share price jumps nearly 7% after beating interim guidance.

Investment

Ryman puts dividends on ice until FY26

The company suspended dividends following its capital raise in February and there was talk they may resume in FY24.

Investment

Ryman puts dividends on ice until FY26

The company suspended dividends following its capital raise in February and there was talk they may resume in FY24.

Investment

TradeWindow scans for acquisition targets despite cash shortage

Trade software provider says lower inflation rate and reduced freight costs will support demand for its existing products.

Investment

TradeWindow scans for acquisition targets despite cash shortage

Trade software provider says lower inflation rate and reduced freight costs will support demand for its existing products.

Analysis

Politics

Political styles clash in coalition Government

ANALYSIS: Christopher Luxon has a positive approach to the news media, while Winston Peters is antagonistic.

Brent Edwards Thu, 30 Nov 2023

Margin Call

Renewable energy: a once in a generation investment opportunity?

ANALYSIS: Attractive investment opportunities do exist and will continue to exist in renewable energy.

Michael Bacon Tue, 28 Nov 2023

Shoeshine

Is the party over for Big Four bank profits?

ANALYSIS: Margins are tighter, even though banks have higher interest rates on their side.

Lachlan Colquhoun Mon, 27 Nov 2023

Economy Matters

Relative quiet on NZ home front still at risk from world events

ANALYSIS: Global geopolitical, economic challenges might reach New Zealand and could put spanner into our economic recovery works.

Christoph Schumacher Mon, 27 Nov 2023

Business

Unity cuts 265 jobs, Wētā FX plans to rehire

Unity Software cancels its agreement with Wētā FX, leading to 265 layoffs. Wētā FX pledges to rehire staff, navigating through a major industry shake-up.

Liam Rātana Thu, 30 Nov 2023

Overseas loans financed Kiwi Wealth buy, accounts show

Fisher Funds owners Toi Foundation and TA Associates borrowed heavily at double-digit interest rates to buy the state-owned fund manager.

Tim Hunter Thu, 30 Nov 2023

Aussie PE firm rumoured to be eyeing MediaWorks

Speculation about the company’s future ownership has been rife since it refiled its financial statements in September.

NBR Staff Wed, 29 Nov 2023

Politics

Pharmac, ACC chair Maharey quits

Former Labour cabinet minister’s resignation from the boards of both agencies accepted yesterday.

NBR Staff Fri, 01 Dec 2023

Fair pay, clean car discounts scrapped by Govt

The Government has confirmed after its first full Cabinet meeting which legislation is getting culled in its 100-day plan, and what is in.

Brent Edwards Wed, 29 Nov 2023

Some oil and gas producers scared away for good: Shane Jones

It is unclear whether investors will come back when ban on offshore oil and gas exploration is removed by new coalition Government.

Brent Edwards Wed, 29 Nov 2023

Investment

Geneva Finance bows to pressure on related party loans

Lender forced to cut interest rate cap on borrowing from major shareholder at extraordinary general meeting.

NBR Staff Thu, 30 Nov 2023

Genesis announces $1.1b capex programme, cuts dividend

Strategy reset to focus on increasing renewable energy capacity by 160%.

NBR Staff Thu, 30 Nov 2023

IkeGPS cuts staff by 19%, posts $6.9m HY loss

Pole measuring software provider says communications market slowdown has affected revenue, but long-term trend still positive.

Will Mace Wed, 29 Nov 2023

Economics

Inflation back in the box next year, door open for another hike

The RBNZ held the official cash rate at 5.5% today, no cuts likely until 2025.

Jonathan Mitchell Wed, 29 Nov 2023

No further rate hikes needed, easing from 2025: NZIER

The RBNZ is widely expected to hold the OCR at 5.5% tomorrow, as inflation falls and unemployment ticks higher.

Jonathan Mitchell Tue, 28 Nov 2023

RBNZ to focus on price stability, employment gone under new Govt

Coalition Government agrees to remove the RBNZ's dual mandate to just target inflation.

Jonathan Mitchell Fri, 24 Nov 2023

Australia

Aroa chief bullish on future despite H1 loss

Aroa is putting its hopes in the success of its new Enivo tissue regeneration platform.

Lachlan Colquhoun Tue, 28 Nov 2023

PwC to pay A$100,000 over tax leaks scandal

CA ANZ said PwC had ‘violated’ trust in accounting profession.

Lachlan Colquhoun Tue, 28 Nov 2023

Strong Australian demand required a rate rise, says RBA

The Australia central bank’s forecasts suggest, however, that there may be only one more rate hike in this cycle.

Lachlan Colquhoun Tue, 21 Nov 2023

Tech & Innovation

Caruso capital raising software raises money itself

Cofounders of the Jasper property fund business spin off its back-end software platform as a standalone company, with high-profile investors in.

Will Mace Thu, 23 Nov 2023

New platform aims to revolutionise gold investment in NZ

Goldie hopes to expand into modern art and collectible sneakers.

Liam Rātana Thu, 23 Nov 2023

Easy Crypto launches its own ‘New Zealand digital dollar’

The local crypto retailer has also unveiled a new wallet product as it looks to to increase crypto adoption.

Nicholas Pointon Wed, 22 Nov 2023

Law

Money remitters' appeal against RBNZ dismissed

The remittance firms, which transfer money to the Pacific Islands, claim they have been unfairly treated due to AML/CFT risks.

Hamish McNicol Tue, 28 Nov 2023

NZ resident being chased for US$32m fights freezing order

A freezing order was earlier this year sought against alleged couple linked to country’s biggest apartment project.

Hamish McNicol Tue, 28 Nov 2023

Insurer MAS gets $2.1m wallop for misleading claims to customers

FMA enforcement head Margot Gatland said breaches were widespread at Medical Assurance Society.

NBR Staff Mon, 27 Nov 2023

Retail

Retail AI faces challenges as it progresses

How is AI being used in retail and retail adjacent industries?

Kate McVicar Thu, 02 Nov 2023

Kmart annual profit up 42%

The Australian retailer is pushing its trolly into the NZ market.

Kate McVicar Mon, 30 Oct 2023

Rising cost of retail crime estimated to cost $2.6b

Retail NZ survey of almost 300 shop owners finds over 90% have been affected by theft, fraud and aggression in the past year.

Dita De Boni Wed, 04 Oct 2023

Professional Services

‘Things go wrong, don’t hide it’: FMA’s message to audit firms

Regulator’s review finds more compliant audit files but warns of complacency.

Hamish McNicol Mon, 27 Nov 2023

Accenture eyes further acquisitions after Wellington IT deal

‘We’re constantly looking … you’ll see further movements from us over the coming months,’ firm’s Australasian head says.

Hamish McNicol Tue, 21 Nov 2023

From beer to gin: Accenture grows health transformation business

Will Reedy joined the firm’s local arm from Spark Health earlier this year.

Hamish McNicol Wed, 08 Nov 2023

Property

Auckland property developer owes $54m

The Treasure Plus group collapsed leaving multiple projects at various stages.

Maria Slade Thu, 30 Nov 2023

Big project in train for Baker’s residential property fund

The Home Bakery plans 85-home development in Hamilton but it needs more scale, says former NBR Lister.

Tim Hunter Thu, 02 Nov 2023

A dozen linked property companies collapse owing IRD $5m

Auckland director Lin Fang’s 12 property companies have all failed this year, with high intercompany loans.

Nicholas Pointon Thu, 26 Oct 2023

NZ Aviation News

Climate charity lodges complaints over airline SAF claims

Lobby group says technologies for cleaner flights don’t work or don’t even exist yet.

Nevil Gibson Fri, 01 Dec 2023

Wind, rain clip Wings over Wairarapa

Aerial displays compensate for air festival's run of misfortune.

Grant Newman Fri, 01 Dec 2023

QantasLink puts Aboriginal art on first A220

Carry On: Schiphol back down, Australia’s fares row, China Eastern in Africa.

Nevil Gibson Sat, 25 Nov 2023

Comings and Goings

PwC New Zealand appoints new CEO

Andrew Holmes will become chief executive and senior partner from April 1, 2024 for an initial four-year term.

Fri, 01 Dec 2023

Four partner appointments enhance Russell McVeagh partnership

Alex MacDuff, Bevan Peachey, Hannah Wilson, and Michael Loan have all returned to the firm in recent years following experiences gained overseas.

Fri, 01 Dec 2023

Greenfern announces change in chief financial officer

Current CFO Howard Long resigns and Richard Chew is appointed at the company.

Thu, 30 Nov 2023

From good to great: A Kiwi’s guide for CEOs

From good to great: A Kiwi’s guide for CEOs

Two lives at coalface of grocery trade

X-Man: Elon Musk’s quest for world domination

AirAsia opens more routes to Central Asia, China, India

AirAsia opens more routes to Central Asia, China, India

Underfunded newsrooms a concern for democracy

Underfunded newsrooms a concern for democracy

Bright Dairy ‘steadfast’ in support for Synlait

Bright Dairy ‘steadfast’ in support for Synlait

Elanza Fresh’s assets sold to creditor, major shareholder

Dodgy legals in council company loans

Ex-Methanex CEO puts Waiheke’s Tantalus Estate up for sale

Council bond buyback creates conundrum for investors

Dealing with Winston, the first 100 days, smoking backtrack

Psychosocial hazard rules coming to NZ

From good to great: A Kiwi’s guide for CEOs

Temporary truce extended in Gaza; Musk’s expletive-driven rant

Underfunded newsrooms a concern for democracy

Elanza Fresh’s assets sold to creditor, major shareholder

Bright Dairy ‘steadfast’ in support for Synlait

Council bond buyback creates conundrum for investors

Underfunded newsrooms a concern for democracy

Some oil and gas producers scared away for good: Shane Jones

Act confident better regulations will improve lives

Renewable energy: a once in a generation investment opportunity?

Dealing with Winston, the first 100 days, smoking backtrack

Political styles clash in coalition Government

Temporary truce extended in Gaza; Musk’s expletive-driven rant

Quick Takes of the Week to December 01

‘I want my day in court’: Henderson pushes to clear his name

NZ’s involvement in Aukus on the radar with bullish pro-US talk

‘Strong warning’ about another OCR hike after ‘shock’ statement

Unusual times ‘still ankle tapping us’: FPH boss

Unusual times ‘still ankle tapping us’: FPH boss

Ryman puts dividends on ice until FY26

Ryman puts dividends on ice until FY26

TradeWindow scans for acquisition targets despite cash shortage

TradeWindow scans for acquisition targets despite cash shortage

Political styles clash in coalition Government

Renewable energy: a once in a generation investment opportunity?

Is the party over for Big Four bank profits?

Relative quiet on NZ home front still at risk from world events

Business

Unity cuts 265 jobs, Wētā FX plans to rehire

Overseas loans financed Kiwi Wealth buy, accounts show

Aussie PE firm rumoured to be eyeing MediaWorks

Politics

Pharmac, ACC chair Maharey quits

Fair pay, clean car discounts scrapped by Govt

Some oil and gas producers scared away for good: Shane Jones

Investment

Geneva Finance bows to pressure on related party loans

Genesis announces $1.1b capex programme, cuts dividend

IkeGPS cuts staff by 19%, posts $6.9m HY loss

Economics

Inflation back in the box next year, door open for another hike

No further rate hikes needed, easing from 2025: NZIER

RBNZ to focus on price stability, employment gone under new Govt

Australia

Aroa chief bullish on future despite H1 loss

PwC to pay A$100,000 over tax leaks scandal

Strong Australian demand required a rate rise, says RBA

Tech & Innovation

Caruso capital raising software raises money itself

New platform aims to revolutionise gold investment in NZ

Easy Crypto launches its own ‘New Zealand digital dollar’

Law

Money remitters' appeal against RBNZ dismissed

NZ resident being chased for US$32m fights freezing order

Insurer MAS gets $2.1m wallop for misleading claims to customers

Retail

Retail AI faces challenges as it progresses

Kmart annual profit up 42%

Rising cost of retail crime estimated to cost $2.6b

Professional Services

‘Things go wrong, don’t hide it’: FMA’s message to audit firms

Accenture eyes further acquisitions after Wellington IT deal

From beer to gin: Accenture grows health transformation business

Property