Best of Business

Nicola Willis: Finance Minister on her plan to inject competition into the banking sector

20 Aug 2024

Contributed by Lukas

The Finance Minister aims to put an end to the 'cosy pillow fight' between banks and bolster sector competition. A Commerce Commission report has foun...

Mark Troughear: Freightways CEO on the company reporting a decrease in net profits

19 Aug 2024

Contributed by Lukas

Logistics and courier company Freightways has recorded a 5.8 percent decrease in net profit after weathering what its leaders believe to be the worst ...

Shane Solly: Harbour Asset Management spokesperson on BNZ's performance of services index staying below 50

19 Aug 2024

Contributed by Lukas

BNZ’s performance of services index - which measures sentiment across services firms - was up 3.9 points to 44.6 in July from a rock-bottom level of...

Andrew Dickens: Can we really say the rock star economy is back?

19 Aug 2024

Contributed by Lukas

The corner has been turned. The 5-year pandemic pandemonium has been tamed. Inflation is down and we've had the first interest rate cut since the Rese...

Andrew Bayly: Commerce Minister on the incoming changes to the Companies Act

15 Aug 2024

Contributed by Lukas

Balancing directors' safety and accountability is the goal of the Commerce Minister's shake up of the Companies Act.   Andrew Bayly is looking to mak...

Sam Dickie: Fisher Funds expert on the decline in interest in the Metaverse

15 Aug 2024

Contributed by Lukas

A few years ago, the Metaverse was the biggest talking point in the world of technology. Meanwhile in 2024, the virtual platform has declined in popul...

Liam Dann: NZ Herald business editor at large on food prices going up 0.6 percent in the year to July

15 Aug 2024

Contributed by Lukas

New data from has confirmed food prices are up - but not as much as predicted. Stats NZ reports show food prices have increased by 0.6 percent in the ...

Alan McDonald: Employers and Manufacturers Association Head of Advocacy on the Government's new visa scheme for seasonal workers

15 Aug 2024

Contributed by Lukas

The Government has announced a new immigration pathway for essential seasonal workers. It has created a new subcategory of the Specific Purpose Work V...

Katlyn Parker: Milford Asset Management analyst on the market response to the OCR cut

14 Aug 2024

Contributed by Lukas

Several Kiwi businesses have expressed relief as the Reserve Bank announces cuts to the OCR. The cash rate has been dropped 25 basis points to 5.25 pe...

Jenee Tibshraeny: NZ Herald Wellington business editor on the Reserve Bank cutting the OCR for the first time since 2020

14 Aug 2024

Contributed by Lukas

There's shock and excitement across the nation, as the Reserve Bank makes cuts to the OCR for the first time since 2020. The Bank's slashed the cash r...

Barry Soper: ZB senior political correspondent on the impact of the latest OCR cut

14 Aug 2024

Contributed by Lukas

The Reserve Bank says several factors are driving down inflation. It's cut the Official Cash Rate to 5.25 percent, saying it's now confident inflation...

Vittoria Short: ASB Chief Executive on the bank's full-year profit falling amid easing cash rate

14 Aug 2024

Contributed by Lukas

ASB is welcoming the news that the Reserve Bank has cut the Official Cash Rate by 25 basis points. This comes after the bank's run of record annual pr...

Michael Reddell: former Reserve Bank economist on the Reserve Bank cutting the cash rate by 25 basis points

14 Aug 2024

Contributed by Lukas

It's the start of a significant turnaround for the economy - as the Reserve Bank slashes the OCR for the first time since 2020. It's dropped the cash ...

Liam Dann: NZ Herald Business Editor on the Reserve Bank cutting the Official Cash Rate

14 Aug 2024

Contributed by Lukas

It's the news many have been hoping for.  The Reserve Bank has cut the Official Cash Rate 25 basis points, from 5.5% to 5.25%.  It says business sur...

Brad Olsen: Infometrics Principal Economist ahead of tomorrow's OCR update (1)

13 Aug 2024

Contributed by Lukas

The Reserve Bank is set to issue their latest OCR update tomorrow - and experts are divided about the outcome. Some economists are predicting rate cut...

Shane Solly: Harbour Asset Management spokesperson on markets pricing in rate cuts ahead of OCR update

12 Aug 2024

Contributed by Lukas

The Reserve Bank is set to make a call on the Official Cash Rate this week, and experts are feeling hopeful. While economists are divided on the outco...

Matt Duder: EBoss managing director on the new data showing significant percentage of builders have grim outlook for the year

12 Aug 2024

Contributed by Lukas

Nearly three-quarters of builders think the industry is in for another tough financial year, according to new data.  650 Kiwi builders were consulted...

Sam Dickie: Fisher Funds expert on the state of the market after a turbulent week

08 Aug 2024

Contributed by Lukas

After a turbulent week for financial markets - have things bounced back?  Japan's stocks have rebounded after their crash, but there's mixed results ...

Liam Dann: NZ Herald business editor at large on ASB predicting OCR will cut rates next week

08 Aug 2024

Contributed by Lukas

ASB has made a surprise call ahead of next week's OCR announcement. The bank is predicting the Reserve Bank will cut rates in the coming days - a soon...

Greg Smith: Devon Funds Head of Retail on Allbirds posting a multi-million dollar net loss

08 Aug 2024

Contributed by Lukas

There's bad news for a former darling of the footwear world. Kiwi shoe company Allbirds, co-founded by former All White Tim Brown, has posted a net lo...

Murray Olds: Australian correspondent on Qantas slashing former CEO's exit paycheck

08 Aug 2024

Contributed by Lukas

Australian airline Qantas has slashed former CEO Alan Joyce's exit package, following a stint of costly scandals and legal cases. The $21.4m payout Jo...

Deborah Lambie: Milford Asset Management analyst on Uber's shares going up by 11 percent

07 Aug 2024

Contributed by Lukas

Rideshare giant Uber has reported its second quarter result - and shares were up +11 percent. CEO Dara Khosrowshahi says the company is in a position ...

Jenee Tibshraeny: NZ Herald Wellington business editor on the widespread payroll issue impacting 40,000 McDonald’s staff

07 Aug 2024

Contributed by Lukas

Around 40,000 McDonald’s staff are likely to be compensated, as the fast-food chain corrects a widespread payroll issue dating back 15 years. McDona...

Joe Gallagher: E tū Union negotiation specialist on the proposed closure of major Auckland pulp mill

07 Aug 2024

Contributed by Lukas

There's belief a major Auckland pulp mill proposing closure could be the first of many. Oji Fibre Solutions is consulting with its 75 Penrose staff, c...

Jarrod Kerr: Kiwibank Chief Economist on the unemployment rate reaching 4.6 percent

07 Aug 2024

Contributed by Lukas

Kiwibank's Chief Economist says unemployment will rise for another year. Stats NZ figures out today show unemployment jumped to 4.6 percent in the Jun...

Paul Bloxham: HSBC chief economist on the Australian Reserve Bank keeping the OCR in place

06 Aug 2024

Contributed by Lukas

Australia's Reserve Bank has taken on a grim tone with today's OCR update - and warned rate cuts aren't on the horizon. The Bank considered hiking rat...

Brad Olsen: Infometrics Principal Economist on the increase in banks dropping their interest rates

06 Aug 2024

Contributed by Lukas

Three major New Zealand banks have slashed their rates ahead of next week's OCR review. Both Kiwibank and BNZ have urged the Reserve Bank to cut the c...

Jamie Mackay: The Country host ahead of this latest GDT auction

06 Aug 2024

Contributed by Lukas

There's another crucial Global Dairy Trade auction taking place tonight as a new season kicks into gear. Rabobank analyst Emma Higgins has predicted W...

Tony Caughey: Smith & Caughey’s chair on the company being saved from 2025 closure

06 Aug 2024

Contributed by Lukas

Historic Auckland department store Smith & Caughey’s is living to fight another day. The 144 year old business announced in May it would close n...

Matt Goodson: Salt Funds Management expert on global markets stabilising after this morning's announcement

06 Aug 2024

Contributed by Lukas

The Japanese market is clawing its way back, after an epic tumble overnight. Its Nikkei had a historic one-day drop - the first in a volatile chain of...

Nick Lane: Iconic Construction director on the company building the first 3D printed show home

04 Aug 2024

Contributed by Lukas

One New Zealand based construction company is working on the country's first 3D printed show home. Iconic Construction has broken ground on the projec...

Sir John Key: former Prime Minister voices disapproval with the Government's Treaty Principles Bill

04 Aug 2024

Contributed by Lukas

Sir John Key says he doesn't support the Government's controversial Treaty Principles Bill. It comes after calls from the former Prime Minster for the...

Nick Leggett: Infrastructure New Zealand CEO voices concerns as City Rail Link costs blow out

04 Aug 2024

Contributed by Lukas

There's serious concerns political bickering is ballooning the cost of New Zealand's major construction projects. The cost of Auckland's City Rail Lin...

Jamie Mackay: The Country host on milk production increasing and milk prices decreasing in China

01 Aug 2024

Contributed by Lukas

Increased development of large-scale dairy farms and falling feed prices have driven China’s raw milk production up - and the official price down. T...

Liam Dann: NZ Herald business editor at large ahead of next week's unemployment data being released

01 Aug 2024

Contributed by Lukas

The latest unemployment figures are set to be released next week. Experts are predicting unemployment rates will go up - in order to slow down inflati...

Paul Spain: tech commentator explains the latest Microsoft outage

01 Aug 2024

Contributed by Lukas

Microsoft is investigating the scope of the damage after users reported issues with Microsoft 365 and Outlook services this morning. Monitoring websit...

Rod Duke: Briscoe Group Managing Director on the company posting record half year profits

01 Aug 2024

Contributed by Lukas

Briscoe Group Limited has posted a near record net profit after tax of $84.2 million for the year ending January 28, 2024. The group, which runs both ...

Keith McLaughlin: Centrix Managing Director on the easing number of arrears but increasing number of businesses liquidating

31 Jul 2024

Contributed by Lukas

Consumers finances look to be recovering, but the relief has yet to pass on to businesses.  The Centrix July Credit Indicator says arrears are easing...

Mike Blackburn: construction sector advisor on new home consents dropping to lowest level since 2019

31 Jul 2024

Contributed by Lukas

New home consents have fallen to the lowest point in five years. Stats NZ figures show fewer than 34,000 new homes were consented in the year to June ...

Stephanie Batchelor: Milford Asset Management Analyst on Lamb Weston's profits dropping

31 Jul 2024

Contributed by Lukas

US-based frozen potato giant Lamb Weston's profits have been dropping, off the back of a rocky financial period for the company. This is off the back ...

Jenee Tibshraeny: NZ Herald Wellington business editor on the Government's new reforms to lending laws

31 Jul 2024

Contributed by Lukas

One expert has claimed there are upsides and downsides to the Government's changes to finance laws. From today, the Government is dropping prescriptiv...

Josh Tan: Export NZ executive director on Red Sea tensions driving up costs for Kiwi exporters

31 Jul 2024

Contributed by Lukas

The costs of sending Kiwi exports overseas has risen significantly amid escalating tensions in the Red Sea. A report from the Ministry of Foreign Affa...

Sam Dean: NIWA climate scientist on Air New Zealand ditching their 2030 climate targets

30 Jul 2024

Contributed by Lukas

Air New Zealand is ditching its carbon intensity reduction targets and will withdraw from the Science Based Targets initiative.  It planned to cut c...

Alex Cassels: property developer launches bid to repurpose Auckland commercial buildings into housing

29 Jul 2024

Contributed by Lukas

One Wellington property developer is calling on the Reserve Bank to make it easier to repurpose vacant commercial buildings. Alex Cassels has set up s...

Shane Solly: Harbour Asset Management spokesperson on whether the US Federal Reserve will cut rates

29 Jul 2024

Contributed by Lukas

New inflation data out of the US has experts speculating potential rate cuts in the coming months. The Federal Reserve is set to meet on Thursday - an...

Cathie Cottle: Kind Café owner says cost of living pressures forced plant-based café to start selling meat

29 Jul 2024

Contributed by Lukas

An Auckland plant-based café is beefing up its menu, hoping to increase customers and reduce production costs. Kind Café says the cost of living has...

Dr Kioumars Ghamkhar: AgResearch expert on the new Map and Zap technology that kills weeds with AI

28 Jul 2024

Contributed by Lukas

New technology using AI and lasers is helping growers to safely tackle weeds without resorting to harmful chemicals. Map and Zap detects weeds and kil...

Liam Dann: NZ Herald business editor at large on the NZX 50 going up 6 percent in the past month

25 Jul 2024

Contributed by Lukas

New Zealand's share market is taking a turn for the better. New data indicates the NZX 50 has gone up by almost 6 percent in the past month - and econ...

Jenee Tibshraeny: NZ Herald Wellington business editor on the Government's plan to inject more capital into Kiwibank

24 Jul 2024

Contributed by Lukas

The Government has dropped further hints it isn’t opposed to diluting its 100% ownership of Kiwibank to enable it to grow. While Kiwibank is expandi...

Kelvin Davidson: CoreLogic chief property economist on rental prices decreasing for the first time in two years

24 Jul 2024

Contributed by Lukas

New data indicates the financial pressures are easing on renters. Rental prices have decreased for the first time since 2022, according to Trade Me’...

Jamie Mackay: The Country host on Waikato-based Spring Sheep gaining brand registration for infant milk formula in China

23 Jul 2024

Contributed by Lukas

A Waikato-based sheep milk company has managed to gain brand registration for its infant milk formula in China. Spring Sheep will be able to directly ...

Brad Olsen: Infometrics Principal Economist on the Commerce Commission's plan to cap PayWave and online credit card fees

23 Jul 2024

Contributed by Lukas

One expert has voiced approval with the Commerce Commission's plan to regulate PayWave and online credit card fees. The watchdog says capped fees coul...

Greg Smith: Devon Funds Management expert unpacks the Warehouse takeover offer deal

23 Jul 2024

Contributed by Lukas

Details surrounding the Warehouse takeover offer have been revealed. Australian private equity firm Adamantem Capital Management has offered to buy th...

John Small: Commerce Commission chair on the company's plan to regulate PayWave and online card payments

23 Jul 2024

Contributed by Lukas

The Commerce Commission is looking into regulating fees for PayWave and online card payments. The market watchdog says adding regulation could save Ki...

Charlotte Ward: Kiwibank Chief People Officer addresses 'parent penalty' impacting Kiwi households

23 Jul 2024

Contributed by Lukas

Many Kiwis are concerned the costs of being a parent have reached an unreasonable level. According to new research from Kiwibank, 70 percent of people...

Andrew Hoggard: Minister for Food Safety on the potential changes coming for infant formula laws

22 Jul 2024

Contributed by Lukas

New Zealand's Minister for Food Safety doesn't approve of some proposed changes impacting the distribution of infant formula. Food Standards Australia...

Shane Solly: Harbour Asset Management spokesperson on the economic impact of Joe Biden dropping re-election bid

22 Jul 2024

Contributed by Lukas

The US dollar and Treasuries are likely to see a knee-jerk bid higher after Joe Biden dropped his re-election bid. Investors will see this development...

Nicola Willis: Finance Minister voices disapproval with proposed changes to infant formula laws

22 Jul 2024

Contributed by Lukas

The Government is strongly opposing proposed changes to infant formula laws. Minister from Australia and New Zealand will meet this week to discuss a ...

Oliver Mander: Shareholders' Association CEO unsure about the Warehouse Group's plan for shares

22 Jul 2024

Contributed by Lukas

It's unclear what the Warehouse Group's next steps will be. Founder Sir Stephen Tindall, who remains a majority shareholder, has shown potential inter...

Megan Singleton: BloggerAtLarge writer with her tips on dining out affordably

21 Jul 2024

Contributed by Lukas

Kiwi businessman Mat Weir's First Table allows Kiwis to get a taste of affordable fine dining. Founded in 2014, the platform connects diners with venu...

Carolyn Young: Retail NZ CEO on the impact of Friday's global IT CrowdStrike outage

20 Jul 2024

Contributed by Lukas

New Zealand's retail sector is still reeling from shock after Friday's unexpected outage. Businesses all over the world were impacted after a CrowdStr...

Paul Spain: tech commentator on the wider consquences of the global CrowdStrike digital outage

20 Jul 2024

Contributed by Lukas

Many companies are still recovering after Friday's global IT outage impacted retailers, banks - and even airlines. Friday's update by cyber security f...

Sam Dickie: Fisher Funds expert on the hype around AI

18 Jul 2024

Contributed by Lukas

The AI boom is continuing to hype up investors, as new developments keep occurring. The rise of AI in art, literature, media and even medicine has exp...

Liam Dann: NZ Herald business editor at large on SPQR owing over $2 million to IRD, other creditors

18 Jul 2024

Contributed by Lukas

The first liquidators' report on Auckland's SPQR shows it owes creditors $2.24 million. The Ponsonby eatery was placed into liquidation last Thursday ...

Jamie Mackay: The Country host on Shane Jones visiting 15 provincial centres to promote his $1.2 billion fund

18 Jul 2024

Contributed by Lukas

Regional Development Minister Shane Jones is set to begin a 15-stop tour next month to promote the Government's $1.2 billion fund for regional infrast...

Callum Mallett: SkyCity Chief Operating Officer apologises as casino closes for five days

18 Jul 2024

Contributed by Lukas

SkyCity is apologising for failing to intervene with a repeat player in Auckland. A customer complained to Internal Affairs after gambling went contin...

Gavin Grey: UK correspondent on UK inflation figures holding steady at 2 percent

17 Jul 2024

Contributed by Lukas

Over in the UK, inflation has held steady at 2 percent - prompting calls for interest rate cuts. Prices across all sectors have taken a dive, with hot...

Sharon Zollner: ANZ Chief Economist on the bank forecasting rate cuts for November 2024

17 Jul 2024

Contributed by Lukas

ANZ is the latest major bank to bring their interest rate cut predictions forward as the mood towards the economy changes. The bank has forecasted a 2...

Sam Trethewey: Milford Asset Management Portfolio Manager on the positive response to CPI data

17 Jul 2024

Contributed by Lukas

Today's CPI data report prompted positive responses from experts - as it signalled a decline in inflation. CPI increased 3.3 percent in the year to Ju...

Billie Moore: Air New Zealand Airports Association CEO on the Commerce Commission saying Auckland Airport charges are too high

17 Jul 2024

Contributed by Lukas

The Commerce Commission says Auckland Airport’s proposed charge increases to fund infrastructure are 'too high'. In a statement released this mornin...

Nicola Willis: Finance Minister unveils plan to tackle inflation issues following CPI update

17 Jul 2024

Contributed by Lukas

The Finance Minister says the Government has a plan to tackle non-tradeable inflation. CPI increased 3.3 percent in the year to June, a fall from the ...

John Tookey: AUT construction professor on the Government's plan to roll back insulation standards

16 Jul 2024

Contributed by Lukas

The Government has confirmed it plans to roll back insulation standards amid concern about cost blowouts for new builds. The current standards, introd...

Brad Olsen: Infometrics Principal Economist ahead of the CPI announcement

16 Jul 2024

Contributed by Lukas

Tomorrow's CPI announcement is set to reveal whether or not New Zealand is making headway with its war on inflation. Stats NZ will publish the Q2 cons...

Paul Robinson: Thorndon Quay Collective chairman on the judicial review over Wellington City Council replacing car parks with a cycleway

15 Jul 2024

Contributed by Lukas

Wellington City Council has been found to be in the wrong in a battle involving a cycleway and parking space.  A group of businesses on Thorndon Quay...

Marisa Bidois: Restaurant Association CEO explains why the hospitality sector is struggling

13 Jul 2024

Contributed by Lukas

Rising business costs and cash-strapped consumers have forced a number of Kiwi hospitality businesses to close their doors. Auckland's SPQR recently c...

Sam Dickie: Fisher Funds expert on what Mastercard's performance says about the economy

11 Jul 2024

Contributed by Lukas

One expert explains how Mastercard's market performance is impacted by the concerns global investors have raised. Recently, investors have been focuse...

Liam Dann: NZ Herald business editor at large on food prices dropping for the first time in six years

11 Jul 2024

Contributed by Lukas

Economists say falling food prices are a certain sign inflation's going down - but we may have to wait to get the full picture.  Annual food prices h...

George Adams: Synlait chairperson on the company's shareholders voting in favour of $130 million loan

11 Jul 2024

Contributed by Lukas

Synlait Milk will live to see another day after winning shareholder approval for a last-minute loan. The shareholders have approved the company taking...

Leanne Geraghty: Air New Zealand Chief Sales Officer adds 41,000 extra seats to the Pacific in response to proposed G-string ban

11 Jul 2024

Contributed by Lukas

Air New Zealand entered the G-string debate and added 41,000 more seats to the Pacific this summer. The move comes after a New Plymouth swimming pool ...

Katlyn Parker: Milford Asset Management expert on the economic impact of years of high interest rates

10 Jul 2024

Contributed by Lukas

The Reserve Bank's decision to leave the OCR in place was in line with expectations - but their tone caught markets by surprise. The Bank indicated in...

Jenee Tibshraeny: NZ Herald Wellington business editor on the mood among mortgage holders following the OCR update

10 Jul 2024

Contributed by Lukas

The light at the end of the tunnel could be in sight for mortgage holders after today's OCR update. The Reserve Bank left rates unchanged at 5.5 perce...

Mark Hopper: Federated Farmers national board member on Minister Shane Jones calling for more investment in aquaculture sector

10 Jul 2024

Contributed by Lukas

Oceans and Fisheries Minister Shane Jones has agreed New Zealand's dairy sector is 'capped out' - and investing in aquaculture is the way to go. In an...

Jarrod Kerr: Kiwibank economist predicts OCR will be reduced come November

10 Jul 2024

Contributed by Lukas

There's some potential light at the end of the tunnel for mortgage holders after today's Reserve Bank update. The OCR's been held in place at 5.5 perc...

Jamie Mackay: The Country host ahead of the crucial vote impacting Synlait Milk

09 Jul 2024

Contributed by Lukas

The future of South Island dairy company Synlait Milk is up in the air ahead of a crucial vote to ensure its survival. A special shareholders meeting ...

Gareth Kiernan: Infometrics chief economist speculates ahead of tomorrow's OCR update

09 Jul 2024

Contributed by Lukas

The Reserve Bank is set to release their latest update regarding the OCR tomorrow afternoon. New Zealand's Official Cash Rate has been held at 5.5 per...

Shane Marsh: Dosh co-founder on the company's bid to become New Zealand's first digital-only bank

09 Jul 2024

Contributed by Lukas

Award-winning finance app Dosh has launched a bid to become New Zealand's first locally-owned digital-only bank. The company has initiated an applicat...

Geof Nightingale: independent tax expert weighs up benefits and drawbacks of an inheritance tax

09 Jul 2024

Contributed by Lukas

There's speculation that Labour is examining the possible benefits of an inheritance tax ahead of its next party conference. The party has reportedly ...

George Adams: Synlait chairperson ahead of Thursday's vote to approve $130 million loan from Bright Dairy

08 Jul 2024

Contributed by Lukas

Synlait Milk's future is hanging in the balance ahead of an upcoming vote impacting the company. On Thursday, a shareholders meeting will take place t...

Shane Solly: Harbour Asset Management spokesperson ahead of the Reserve Bank's upcoming Monetary Policy Statement

08 Jul 2024

Contributed by Lukas

The Reserve Bank is set to deliver its next Monetary Policy Statement regarding the OCR on Wednesday. It's expected the Bank will keep rates on hold f...

Paul Fuge: Consumer NZ spokesperson calls for reprieve as thousands of Kiwis suffer from 'power poverty'

08 Jul 2024

Contributed by Lukas

There's growing calls for power companies to go easier on customers who can't pay their bills. Each year, around 40,000 New Zealanders are disconnecte...

Michal Garvey: Foodprint founder unveils 'Mystery Bags' designed to help consumers and hospitality sector

06 Jul 2024

Contributed by Lukas

As the hospitality sector struggles and consumers feel the pinch from rising living costs, one entrepreneur has devised a solution. Food waste is stil...

Dr Elizabeth Aitken Rose: UOA senior lecturer of Architecture and Planning on the Government's plan to 'flood' the housing market

06 Jul 2024

Contributed by Lukas

Experts fear that the Government's plan to 'flood' the housing market comes with too many risks. Housing Minister Chris Bishop has promised to fill ur...

Sam Dickie: Fisher Funds expert on the state of equity markets around the world

04 Jul 2024

Contributed by Lukas

Equity markets around the world are experiencing lifetime highs - but one expert has warned of the possible risks involved. The US, Japan, Europe and ...

Jamie Mackay: The Country host on the Deputy Secretary of Trade calling for New Zealand to diversify trading partners

04 Jul 2024

Contributed by Lukas

The golden era of trade is over and New Zealand needs to push hard to diversify its trading partners, according to a warning from the Deputy Secretar...

David Whitburn: property developer and investor warns recent housing changes come with an infrastructure bill

04 Jul 2024

Contributed by Lukas

A property expert says housing changes announced today will increase supply - with a massive infrastructure bill attached. Housing Minister Chris Bish...

Jenee Tibshraeny: NZ Herald Wellington business editor on Nicola Willis' refusal to establish an independent unit to check on Government spending

03 Jul 2024

Contributed by Lukas

Finance Minister Nicola Willis isn’t receptive to calls for the establishment of an independent unit to check Treasury’s forecasts and ensure Gove...

Tim Groser: Former US ambassador on the significance of Luxon appearing at next week's NATO summit

03 Jul 2024

Contributed by Lukas

There's increased efforts to position New Zealand on the world stage and make connections with the US. Prime Minister Chris Luxon is jetting off to th...

Brad Olsen: Infometrics Principal Economist on the new data revealing house prices need to drop by 16 percent to become affordable

02 Jul 2024

Contributed by Lukas

House prices need to fall at least another 16 percent to become anything like affordable, one forecaster says. According to the Real Estate Institute,...

Andrew Holden: News Publishers' Association Public Affairs Director explains the impact of tech companies backing away from New Zealand media

02 Jul 2024

Contributed by Lukas

One expert says Paul Goldsmith's proposed new media bill could jump-start conversations about the future of news content in New Zealand. The Broadcast...

Shane Solly: Harbour Asset Management spokesperson on Fletcher Building handing over Convention Centre project to SkyCity

01 Jul 2024

Contributed by Lukas

Fletcher Building's shares have bounced back up after the business completed and handed over part of their NZ International Convention Centre project....