News
SkyCity shareholders vent frustration over casino operator's performance
Chair Julian Cook told shareholders it still had an outstanding regulatory issue to deal with at the Adelaide Casino as they expressed frustrations over poor performance.
Proposed government water reforms will cost ratepayers more - report
A report says it will undoubtedly see some councils facing continued downward pressure on their credit ratings.
NZ's largest hotel chain to open 50th lodging
The company says anticipated growth in events-based tourism is behind its increased investment.
High Court appeal over airport charges dismissed but legal action continues
The appeal centred on a controversial Commerce Commission decision on how much regulated airports can charge airlines.
Farmers vote on the Fonterra brand sale today - what you need to know
Shareholders are set to vote on whether to sell the company's consumer arm, which includes well-known brands like Mainland and Anchor, to a French company.
Tech companies eye stock market listings, but not on NZX
Most of the biggest players are "directing their energy and aspirations towards the listing in the US", Icehouse Ventures chief executive says.
Fonterra sale could inject $4.5b into economy
The dairy giant is hoping to sell its Anchor and Mainland brands to a French company, though the deal is far from set in stone. Audio
Telcos told to cut the jargon, be clearer in contracts
They will need to spell out exactly what they are offering consumers when it comes to broadband and mobile services contracts.
Air NZ heading for first-half loss of up to $55 million
It follows weaker-than-expected passenger numbers and higher costs.
SkyCity trading below book value, Forsyth Barr says
The casino operator's share price is trading at an estimated 50 percent discount to the book value of its assets.
Scientists work to secure supply of carbon dioxide
Shortages of natural gas in 2023 were acutely felt in food-based industries.
Falling interest rates expected to be shortlived
One expert says consumers might want to consider fixing their mortgages while interest rates remain low.
High hopes hospitality review will ease 'frustrations' for operators
The industry is hoping a ministerial review of regulations will cut costs and make it easier for businesses to thrive and grow.
Concerns raised about 'tone' of FMA report on insider trading
Law firm Chapman Tripp said the FMA report on 'shadow insider trading' may exacerbate the trend of falling confidence in the regulator.
Bankers must pay $12.1m after carbon offset partnership collapse
The High Court in Wellington has found two bankers, Will Leckie and Chris Morrison, breached their duties as directors and partners in the Drylandcarbon management companies.
Commercial real estate market gaining momentum
JLL NZ managing director says New Zealand looks like a good place to invest given more accommodative government policies and falling interest rates.
Call for wind, solar export limits to be doubled
The rules need to be changed to keep pace with modern solar and battery systems installed in homes and businesses, the Electricity Authority says.
More than half of renters unable to afford to buy a home, housing report shows
A national housing report indicates three-quarters of renters are dissatisfied with the housing choices available to them.
Watchdog rejects call to regulate airports more
Air New Zealand said the level of airport investment must be at a scale that both airlines and passengers can afford.
NZX struggles to keep companies on board
The NZX capital markets continue to shrink, with another couple of long-time public listed companies set to go.
Uncertain funding, politics hindering development - report
The infrastructure and building sectors want a more reliable pipeline of work, a new survey has found.
More company liquidations as tax debt collection intensifies
Company liquidations are up 26 percent on last year.
Wine export volumes strong, value down slightly in year ended June
NZ Winegrowers annual report indicates exports rose 5 percent by volume in the year ended June, though the value of exports was down slightly at $2.10 billion.
Southern Cross posts $56.9 million deficit for year ended June
The Southern Cross Health Society continues to make record returns to members, though insurance premiums will rise as costs have left the society's insurance business in the red.