Analysis: Is paying a premium for a minority stake ever justified?
More articles by Jenny Ruth
Ross Taylor has picked veterans for key posts.
"Moving decision makers closer to the coal face (are we allowed to use that term here in NZ anymore?) has the compounding effect of being more responsive, more relevant, and removing layers of review and approval."
Jenny Ruth & Fiona Rotherham
Fletcher says it will announce board changes tomorrow. Shares rise and fund managers give their views.
"A friend of ours has has made a small fortune over the last couple of years by shorting FUB shares. He was just telling my hubby how much he'll miss Sir Ralph."
Ring-fencing property investors’ losses will have the least impact of any tax.
"I fear Cullen will be thinking about reintroducing a new tax bracket (perhaps 39%) and therefore ringfencing losses may actually be more productive than Mr Stephens has estimated."