The Australian regulator says private credit is a positive for the economy, but ‘only if done well’.
While mandatory reporting of the gender pay gap gathers dust in the Luxon Government’s in-tray, Australia is now more transparent.
Falling commodity prices hit energy giant, but it has its eye to the future with a new strategy to remain profitable in a decarbonising world.
And for NZ, a one-off deferred acquisition cost was a significant contributor to a 33% decline in underlying profit for the business unit.
The Liberal backbencher went off script to deliver a tirad against the regulator’s ‘lack of action’ and demanded a new inquiry into super funds to boot.
A new deal to power its aluminum factories is part of wider strategy to underwrite renewable energy projects in Queensland and reduce its emissions.
ANZ chief Shayne Elliott hailed the deal but the market was less excited and marked down ANZ shares.
The first inquiry was damning, finding the company had flouted anti-money laundering laws innumerable times.
The navy is supposed to be in its biggest rebuild since WW2 but current fleet is oldest in its history.
Change has significant implications for NZ's tourism industry and strategic focus on sustainability and market competitiveness.