News
'It's going to be a really long 2024' for retailers
Consumer spending and commercial activity has continued to drop.
Transpower to consult on future-proofing North and South Island power link
The Commerce Commission last month approved Transpower's near $400-million interim proposal to strengthen the national electricity grid.
'They know NZ products' - Fonterra's high protein products make global inroads
Fonterra is making big inroads into the fast-growing protein-enriched food and beverage industry in Europe and North America, says the dairy cooperative.
Growing gaps in NZ's cybersecurity - research
The operations of a third of large businesses were disrupted by a cyberattack in the past year, according to research released by Kordia.
Companies remain under pressure from high inflation, interest rates
The recent reporting season has been mostly disappointing with a few bright spots to lift the market.
Commerce Commission approves Transpower's national grid plans
The Commerce Commission has approved Transpower's near $400-million proposal to strengthen the national electricity grid.
Goodman Property Trust looks at building large data centres in Auckland
Goodman Property Trust is looking to build large data centres in Auckland with the support of global investors, as part of an ambitious plan for growth.
Goodman plans to end external management agreement with Goodman Group
Property investor and development firm Goodman will internalise its management as a first step to the establishment of a large property fund.
Auckland Airport hits back at Air New Zealand
Air NZ had called for a review of the airport's redevelopment costs, saying its regulated charges would make flying unaffordable for some.
Westpac picks OCR likely to remain on hold this year
However the bank says 2024 will be challenging for the government and the risk of higher interest rates can't be ruled out.
Warnings of much higher power bills from 2025
The warning comes ahead of what was expected to be large increases in regulated lines charges set by the Commerce Commission.
'Be very careful': Businesses warned of raft of changes by NZ courts
Businesses will need to be increasingly mindful of a wave of changes that could land them in hot water with regulators, shareholders, customers, employees and the courts.
Shareholders Association on the risks facing Fletcher Building
Fletcher Building's board should consider breaking up the company into more manageable parts, the association says.
Corporate reporting season expected to reflect weak economic conditions
The expectations for how corporate revenues have been tracking are "likely the lowest they've been" since the global financial crisis.
Strong outlook for merger and acquisitions in 2024
Companies listed on the New Zealand stock market are expected to be part of this year's renewed merger and acquisition activity, following 2023's patchy activity.
Consumers struggling to verify sustainability claims of products and services
A quarter of shoppers are willing to pay more for sustainable products - but say misleading information makes it difficult to know what they are buying.
Economic outlook brighter due to record migration, falling inflation
Migration is boosting spending and forecast to brighten the economic prospects for the main centres, led by Auckland.
Airports Association to appeal Commerce Commission decisions over asset values
The association says it found technical errors in the commissions report, which reinforce its concerns.
Interest rates, cost-of-living drive up business and consumer defaults
Business and consumer credit defaults are up as tough economic conditions make it more difficult.
Higher inflation will be 'new normal' in NZ - economist
Reserve Bank will need to be more active in next few years to keep inflation in check.
JP Morgan, Craigs announce alliance to pursue 'growth opportunities'
Global financial services firm JP Morgan Asset Management and Craigs Investment Partners have formed a strategic partnership.
National energy prices increase last December expected to stay around
National energy prices rose in December and are expected to remain high as hydro-lake inflows have dropped, causing pricier thermal generation to be fired-up.
Business group urges government to focus on existing trade agreements
The government is being urged to focus on improving its communications and relationships with existing and potential trade partners rather than chasing after new free trade agreements which will take…
A2 Milk adds costs on Synlait amid contract dispute
Speciality dairy company A2 Milk has ramped up pressure on its supplier Synlait Milk.
Climate Venture Capital Fund invests nearly $2.5m across NZ and Australia
The Climate Venture Capital Fund is finding plenty of investment opportunities on both sides of the Tasman, with nearly $2.5 million invested in its first full year of operations.