Best of Business
Episodes
Alan McDonald: Employers and Manufacturers Association Head of Advocacy on businesses' responses to the proposed changes to the Holidays Act
12 Mar 2024
Contributed by Lukas
Businesses hope the Government will bring change to the Holidays Act. Brooke van Velden has laid out her agenda with a focus on regulations around ...
Jamie Mackay: The Country host on sheep and beef farm profits potentially plummeting this financial year
12 Mar 2024
Contributed by Lukas
Beef + Lamb New Zealand’s mid-season update offers a grim warning for sheep and beef farmers. The report claims farm profits could drop 54 percent t...
Pattrick Smellie: BusinessDesk managing editor on the Climate Change Commission's recommendations for future carbon auctions
12 Mar 2024
Contributed by Lukas
The Climate Change Commission has recommended reducing the number of carbon credits ahead of future auctions. After a full year of failed auctions, th...
Chris Small: ABC Business Sales Managing Director on the uptick of 'corporate refugees' looking to own their own businesses
12 Mar 2024
Contributed by Lukas
Demand from aspiring business owners has shot up to record levels, according to new data. Enquiries are up 50 percent from last year, many coming from...
Leanne Geraghty: Air New Zealand chief customer and sales officer on the airline pausing flights between Auckland and Chicago
12 Mar 2024
Contributed by Lukas
Air New Zealand is suspending Auckland to Chicago services due to ongoing issues with the availability of serviceable Rolls-Royce Trent 1000 engines u...
Gavin Grey: UK correspondent on India establishing a Free Trade Agreement with four nations in Europe
11 Mar 2024
Contributed by Lukas
India has established a Free Trade Agreement with four European nations. The nation will lift most tariffs for Switzerland, Iceland, Norway and Liecht...
Fran O'Sullivan: NZME business commentator on Freedom Furniture posting a multi-million dollar loss
11 Mar 2024
Contributed by Lukas
Freedom Furniture has posted a $9 million dollar loss, and is relying on Australian owner Greenlit Brands to support them financially. The furniture a...
Paul Spain: tech commentator on TikTok potentially being banned in the United States
11 Mar 2024
Contributed by Lukas
Over in the US, some proposed new legislation is putting TikTok back in the spotlight. The new bill would force the app's partner company ByteDance to...
Nicola Willis: Finance Minister addresses the problems in New Zealand's media sector
11 Mar 2024
Contributed by Lukas
The Finance Minister says the Government's thinking about what to do about problems in the media sector. In the past few weeks there's been proposals ...
Liam Dann: NZ Herald business editor at large on his new business industry guide BBQ Economics
09 Mar 2024
Contributed by Lukas
Veteran business journalist Liam Dann aims to educate readers about business, money and the economy in his new guide- 'BBQ Economics'. The book is des...
Francesca Rudkin: Hopefully this is a wake-up call for media
09 Mar 2024
Contributed by Lukas
The upheaval within the television industry continued this week, with TVNZ announcing cuts to its news and current affairs department on Friday. It’...
Jamie Mackay: The Country host on the petition to keep the live animal exports ban in place
07 Mar 2024
Contributed by Lukas
A petition urging the Government to keep the ban on live animal exports in place is gaining traction. Despite the Government promising to repeal the b...
Liam Dann: NZ Herald business editor at large on his new book BBQ Economics
07 Mar 2024
Contributed by Lukas
Financial journalism veteran Liam Dann aims to guide New Zealanders through the business world using familiar Kiwi terms. BBQ Economics examines every...
Jill Brinsdon: brand strategist explains the mysterious takeover of Temu
07 Mar 2024
Contributed by Lukas
Chinese e-commerce firm Temu has been taking the world of online retail by storm. The retailer's 'shop like a billionaire' campaign reflects their too...
Glenn Starr: Ventus Energy CEO hopes fast-tracked consents will lead to more windfarms and cheaper electricity
07 Mar 2024
Contributed by Lukas
There's hope that the Government's plan to fast-track consents will speed up the production of independently created windfarms- eventually leading to ...
Murray Olds: Australian correspondent on the Reserve Bank of Australia potentially going too hard to reduce inflation
07 Mar 2024
Contributed by Lukas
There's growing concern Australia's Reserve Bank may have gone too far to reduce inflation. The RBA infamously pushed the Official Cash Rate up 13 tim...
Troy Clarry: Hospitality New Zealand Accommodation Chair welcomes proposed changes to emergency housing
07 Mar 2024
Contributed by Lukas
The motel sector is welcoming the Government's new priority one emergency housing policies. Families with children living in emergency motels are bein...
Shane Jones: Minister for Regional Economic Development on the Government's fast-track approval scheme
07 Mar 2024
Contributed by Lukas
The Government has promised bigger projects will be built faster and more cost-effectively under their fast-track approval scheme. This legislation, w...
Helen Clark: Former Prime Minister disapproves of trimming down TVNZ news show
07 Mar 2024
Contributed by Lukas
Former Prime Minister Helen Clark says trimming TVNZ's flagship news show in half would be tragic. TVNZ has confirmed it is proposing to cut up to 68 ...
Heather du Plessis-Allan: These TVNZ job losses won't be the last
07 Mar 2024
Contributed by Lukas
First it was Newshub, now it's TVNZ. We are still waiting on the details- staff have been told there will be 68 job losses, but the rest they’ll fi...
Brad Olsen: Infometrics Principal Economist on the increase in non-residential construction activity
06 Mar 2024
Contributed by Lukas
Non-residential building work has shot up in the December 2023 quarter, according to the latest data. Commercial buildings have outpaced residential h...
Jenee Tibshraeny: NZ Herald Wellington business editor on the increase in banks dropping mortgage rates
06 Mar 2024
Contributed by Lukas
BNZ is following other banks in cutting some mortgage rates, following ANZ and ASB. This comes off the back of last week's Reserve Bank decision to ke...
Clive Fernandes: National Capital Director on the growing calls for KiwiSaver to be compulsory
06 Mar 2024
Contributed by Lukas
A new survey has revealed a majority of people think contributing to KiwiSaver should be compulsory. Data from financial advice firm National Capital ...
Mike Egan: Restaurant Association President and Monsoon Poon owner on the rise of tipping culture in New Zealand
06 Mar 2024
Contributed by Lukas
There's growing evidence Kiwis are embracing US-style tipping culture. New data from financial information site, Banked, says 47 Kiwis approve of tipp...
Melissa Lee: Broadcasting Minister on the future on TVNZ and other broadcasting outlets
06 Mar 2024
Contributed by Lukas
The Broadcasting Minister is staying tight-lipped about the future of TVNZ. It is understood TVNZ newsroom staff are bracing for a meeting tomorrow ab...
Tessa Tierney: Spark product director on the decision to charge users for Xtra Mail service
06 Mar 2024
Contributed by Lukas
Spark customers with Xtra Mail accounts will have to pay $5.95 a month to use them from mid-May. It's citing rising maintenance costs as the reason. S...
Paul Bloxham: HSBC chief economist on the Reserve Bank's decision to hold the OCR in place for longer
05 Mar 2024
Contributed by Lukas
The Reserve Bank's decision to hold the OCR in place at 5.5 percent has inspired some banks to lower their rates. This is despite some economists warn...
Fran O'Sullivan: NZME business commentator on Chris Luxon's upcoming meeting with ASEAN leaders in Melbourne
04 Mar 2024
Contributed by Lukas
Chris Luxon is set to meet with more key trading partners this week. The Prime Minister will fly to Melbourne tomorrow for a special summit, to mark A...
Sam Buckingham-Jones: Australian Financial Review media reporter on Meta's media deal with Network Ten
04 Mar 2024
Contributed by Lukas
While New Zealand's media industry struggles to survive, their Australian counterparts are battling setbacks from social media giants. Facebook's pare...
Nicola Willis: Finance Minister warns surplus deadline won't be reached
04 Mar 2024
Contributed by Lukas
Finance Minister Nicola Willis warns the Government could likely miss the proposed 2027 surplus forecast. The Government included this deadline as a k...
Jarrod Kerr: KiwiBank Chief Economist predicts more mortgage rate cuts will come
04 Mar 2024
Contributed by Lukas
There's a prediction big drops in mortgage rates are on the cards. Both ANZ and ASB have lowered some of their mortgages rates, following the Reserve ...
Dylan Firth: Brewers Association NZ executive director on nationwide beer consumption going down
02 Mar 2024
Contributed by Lukas
The demand for beer nationwide has dropped significantly, according to new figures. Stats NZ data shows consumption has dropped by 4 percent, the larg...
Liam Dann: NZ Herald business editor at large on what yesterday's OCR announcement means for mortgages
29 Feb 2024
Contributed by Lukas
Households can breathe a temporary sigh of relief following yesterday's announcement from the Reserve Bank. The Bank has held the OCR steady at 5.5 pe...
Merja Myllylahti: AUT media researcher on whether the proposed closure of Newshub means trouble for the media industry
29 Feb 2024
Contributed by Lukas
There's growing concern that the proposed closure of Newshub could be a sign of tougher times for the media industry. Warner Bros. Discovery reveale...
Jessica Walker: Consumer NZ Communications and Campaigns Manager explains ticket holder entitlements following Blink-182 cancellation
29 Feb 2024
Contributed by Lukas
There's salt in the wound for Christchurch Blink-182 fans after bassist Mark Hoppus was filmed ripping on the city. It comes after the band announced ...
David Seymour: ACT Party leader wants TVNZ to pay dividends after proposed Newshub closure announced
29 Feb 2024
Contributed by Lukas
ACT Party leader David Seymour has asked Treasury to look into the returns the station is offering tax-payers, after 1News' competitor Newshub reveale...
Simon Parham: Waitomo Chief Executive 'surprised' by leap year-generated fuel pump issues
29 Feb 2024
Contributed by Lukas
An issue with paying for fuel at outdoor pumps has been confirmed as being related to the leap year. The extra day in February has affected Allied, Wa...
Brad Olsen: Infometrics Principal Economist on Adrian Orr warning the OCR won't be cut anytime soon
28 Feb 2024
Contributed by Lukas
The Reserve Bank Governor says inflation is still too high to consider cutting the OCR. Adrian Orr held the OCR steady at 5.5 percent today, in line w...
Katlyn Parker: Milford Asset Management analyst on the market response to today's OCR update
28 Feb 2024
Contributed by Lukas
The Reserve Bank Governor has held the Official Cash Rate at 5.5 percent today, as expected by most economists. Adrian Orr says there was discussion o...
Jenee Tibshraeny: NZ Herald Wellington business editor on Nicola Willis' plan to exempt some trusts from paying new 39 percent rate
28 Feb 2024
Contributed by Lukas
Finance Minister Nicola Willis wants to exempt some trusts from paying the new 39 percent trustee tax rate. She hinted the Government planned to modif...
Jason Stockill: Woolworths Stores Director determined to build back trust in rat-infested Dunedin store
28 Feb 2024
Contributed by Lukas
Building back trust is next on the agenda for the rat-plagued Countdown Dunedin South. It reopened today, after being closed for almost three weeks fo...
Sharon Zollner: ANZ chief economist still predicts Reserve Bank will hike OCR again
28 Feb 2024
Contributed by Lukas
Economists at our biggest bank expect the Reserve Bank will increase the Official Cash Rate. ANZ's changed its forecast, now predicting 25 basis point...
James Gibbons: Warner Bros. Discovery Asia Pacific president says shutting down Newshub newsroom the best decision
28 Feb 2024
Contributed by Lukas
Warner Bros. Discovery's Asia Pacific president reckons shutting down Newshub at the end of June is the best way forward. Staff were shocked as the co...
Bill Ralston: media commentator on the unexpected shutdown of Newshub
28 Feb 2024
Contributed by Lukas
Uncertainty over the future for hundreds of Newshub workers, following the shock announcement its newsroom will close. Warner Brothers Discovery execu...
Jamie Mackay: The Country host on the low expectations for this week's WTO meeting in Abu Dhabi
27 Feb 2024
Contributed by Lukas
As several trade ministers come together for this week's WTO meeting in Abu Dhabi, some experts are less hopeful. Stephen Jacobi, the executive direct...
Pattrick Smellie: BusinessDesk managing editor on Immigration NZ failing to complete risk assessments for migrant workers
27 Feb 2024
Contributed by Lukas
Immigration NZ have found themselves in hot water for failing to do enough risk analysis for migrant workers. A review of the Accredited Employer Work...
Wayne Scott: Aggregate and Quarry Association CEO on the sand shortage impacting construction projects
27 Feb 2024
Contributed by Lukas
The Aggregate and Quarry Association says urgent intervention is needed to avoid delays in construction projects in the Upper North Island. Auckland r...
Sir John Key: former Prime Minister on stepping down from ANZ board role
27 Feb 2024
Contributed by Lukas
Sir John Key believes the time was right to step down as chair of the country's biggest bank. Key has been working with ANZ's Australian and New Zeala...
Fran O'Sullivan: NZME business commentator on several World Trade Organisation ministers meeting in Abu Dhabi
26 Feb 2024
Contributed by Lukas
Several trade ministers from the World Trade Organisation are expected to gather over the next few days. The MC13 gathering, held in Abu Dhabi, will b...
Daniel Bracken: Michael Hill CEO on the company's success in Australian markets and disappointment in New Zealand
26 Feb 2024
Contributed by Lukas
Michael Hill is boosting its presence in Australia as New Zealand sales drop amid ongoing thefts. Overall half-year earnings were down by 55 percent o...
Liam Dann: NZ Herald business editor at large on the latest developments in AI- and what they can accomplish
22 Feb 2024
Contributed by Lukas
NZ Herald's Liam Dann has been won over by a new set of AI developments. Spark has rolled out some new technology designed to improve the world of con...
Sophie Moloney: Sky TV Chief Executive on the company's strong start to the financial year
22 Feb 2024
Contributed by Lukas
Sky TV has made a strong start to the financial year, with a 10 percent rise in net profit for the half-year to December. The broadcaster experienced ...
Greg Foran: Air New Zealand CEO on Air New Zealand's decreased half-year earnings
22 Feb 2024
Contributed by Lukas
Air New Zealand's half-year earnings have taken a dive, according to today's report. The airline has announced earnings before taxation of $185 millio...
Deborah Lambie: Milford Asset Management analyst on robotic assisted surgery experiencing a boost
21 Feb 2024
Contributed by Lukas
More operations could be done by robotic surgeons in the not-so-distant future. California-based company Intuitive Surgical has been leading the charg...
Michael Boggs: NZME chief executive on the company reporting a 46 percent drop in profit
21 Feb 2024
Contributed by Lukas
Media giant NZME has reported a drop in net after-tax profit of $12.2 million dollars. The company behind the New Zealand Herald and Newstalk ZB has b...
Carrie Hurihanganui: Auckland Airport CEO hits back at Air New Zealand's concerns surrounding redevelopment spending
21 Feb 2024
Contributed by Lukas
Auckland Airport is disputing Air New Zealand's concerns the redevelopment will push fares up. Air New Zealand has requested Commerce Minister Andrew ...
Vittoria Shortt: ASB CEO on the bank's multi-layered scam awareness program
21 Feb 2024
Contributed by Lukas
This week, ASB launched the first steps of a multi-layered campaign designed to protect consumers from scammers. The bank hopes to raise awareness aro...
Greg Foran: Air New Zealand Chief Executive warns Auckland Airport's development costs will be passed onto consumers
21 Feb 2024
Contributed by Lukas
There's turbulence in Air New Zealand's relationship with Auckland Airport. The airline is asking Commerce Minister Andrew Bayly to look into the Airp...
Paul Bloxham: HSBC Chief Economist on the divided predictions about next week's OCR hike
20 Feb 2024
Contributed by Lukas
Several leading economists are at odds over next week's OCR call from the Reserve Bank. ANZ has claimed the Bank will hike rates up twice before April...
Pattrick Smellie: BusinessDesk managing editor on A2's improved profit and sales in China
20 Feb 2024
Contributed by Lukas
Infant formula maker A2 Milk has lifted its first-half net profit by 15.6 percent. That's despite a double-digit decline in China’s infant formula ...
Mike Fuge: Contact Energy CEO on the company's reported increase in half-year net profit
19 Feb 2024
Contributed by Lukas
Contact Energy has reported an increase in net profit and says it expects to finalise a more generous electricity deal with Tiwai Point aluminium smel...
Fran O'Sullivan: NZME business commentator on the Government's 'tough love' strategy to get people off benefits
19 Feb 2024
Contributed by Lukas
One expert has noticed a subset of voters hasn't reacted positively to the Government's plan to reduce the number of beneficiaries. Prime Minister Chr...
Nicolas Reid: MRCagney Principal Public Transport Planner on the feasibility of a fixed link between New Zealand's two islands
17 Feb 2024
Contributed by Lukas
One transport planner is looking into the feasibility of a fixed link between New Zealand's two islands. KiwiRail are officially cancelling an oversea...
Sam Dickie: Fisher Funds senior portfolio manager on the state of the US markets
15 Feb 2024
Contributed by Lukas
The key interest rate market in the US is pricing several rates cuts later this year. Meanwhile, economic growth is getting stronger and equity market...
Robert MacCulloch: Auckland University economics professor says the entire Fletcher Building company needs to be broken up
15 Feb 2024
Contributed by Lukas
One business expert says a change in leadership isn't enough to save Fletcher Building. Yesterday, Chief Executive Ross Taylor and Chair Bruce Hassall...
Jamie Mackay: The Country host on New Zealand's agricultural sector facing challenges from Red Sea trade disruption
15 Feb 2024
Contributed by Lukas
New Zealand's agricultural sector could be impacted by escalating tensions in the Red Sea. Experts warn the ongoing attacks could cause further shippi...
Liam Dann: NZ Herald business editor at large on the latest migration data for New Zealand
15 Feb 2024
Contributed by Lukas
New Zealand's population has continued to expand in 2023- but the influx has slowed somewhat. New data from Stats NZ shows annual net migration reache...
Jeremy Hutton: Milford Asset Management Equities Analyst on Fletcher Building's management changes
14 Feb 2024
Contributed by Lukas
Fletcher Building has had an eventful few days, culminating in the loss of chief executive Ross Taylor and chair Bruce Hassall. The company has also r...
Jenee Tibshraeny: NZ Herald Wellington business editor on ASB's warning for mortgage holders
14 Feb 2024
Contributed by Lukas
ASB has warned mortgage holders to be prepared for 'any eventuality' when it comes to interest rates. Chief executive Vittoria Shortt says borrowers s...
Brad Olsen: Infometrics Principal Economist on the economic impact of Valentine's Day
14 Feb 2024
Contributed by Lukas
Economists are predicting a boost in consumer spending this February 14th. As demand for flowers and chocolates and fancy dinners skyrockets, people a...
Vittoria Short: ASB CEO on the company's half-year profit dropping by 11 percent
14 Feb 2024
Contributed by Lukas
ASB's CEO isn't surprised by today's reduced half-year profit. The bank has reported a 11 percent fall, due to slower lending, reduced margins and hig...
Ross Taylor: former Fletcher Building Chief Executive on resigning following significant financial losses
14 Feb 2024
Contributed by Lukas
Resignations by Fletcher Construction's two top players can be traced back to a single project. The company has reported a $120 million half-year loss...
Heather du Plessis-Allan: Mice and rats aren't Countdown's problem
14 Feb 2024
Contributed by Lukas
It is amazing, isn't it? How the story of one rat in a Dunedin supermarket has just blown up for Countdown. First, it was a photo of a couple of rats ...
Jamie Mackay: The Country host on Fonterra lifting their 2024 milk price forecast
13 Feb 2024
Contributed by Lukas
Fonterra has lifted their 2023-24 season forecast farmgate milk price to $7.80 per kilogram of milk solids. Chief executive Miles Hurrell claims the 3...
Pattrick Smellie: BusinessDesk managing editor on Fletcher Building CEO Ross Taylor's uncertain future with the company
13 Feb 2024
Contributed by Lukas
There are growing calls for Fletcher Building to make some leadership changes ahead of tomorrow's half-year result. The company has been placed in a t...
Oliver Mander: New Zealand Shareholders Association Chief Executive says Fletcher Building needs more than a new CEO
13 Feb 2024
Contributed by Lukas
There's a push for a shake up of the Fletcher Building board. The construction company is in a trading halt ahead of the release of its half-year resu...
Heather du Plessis-Allan: I'm expecting at least one resignation from Fletcher Building
13 Feb 2024
Contributed by Lukas
It looks almost certain that the CEO of Fletcher Building is gone. The company put the shares in a trading halt yesterday, and announced that Ross Tay...
Fran O'Sullivan: NZME business commentator on Nicola Willis and Chris Luxon making changes to public sector leadership
12 Feb 2024
Contributed by Lukas
Prime Minister Chris Luxon and Finance Minister Nicola Willis are planning to make some changes to public sector agencies. Speculation indicates they ...
Kelvin Davidson: CoreLogic economist on what the Reserve Bank's new debt-to-income lending rules mean for first home buyers
12 Feb 2024
Contributed by Lukas
Kiwis out to buy their first home may soon find that process a lot harder. Under the Reserve Bank's proposed new debt-to-income lending rules, it has ...
Kelvin Davidson: CoreLogic economist on what the Reserve Bank's new debt-to-income lending rules mean for first home buyers (2)
12 Feb 2024
Contributed by Lukas
Kiwis out to buy their first home may soon find that process a lot harder. Under the Reserve Bank's proposed new debt-to-income lending rules, it has ...
Kelvin Davidson: CoreLogic economist on what the Reserve Bank's new debt-to-income lending rules mean for first home buyers (1)
12 Feb 2024
Contributed by Lukas
Kiwis out to buy their first home may soon find that process a lot harder. Under the Reserve Bank's proposed new debt-to-income lending rules, it has ...
Anne Gibson: property editor on SkyCity being taken to court by the Department of Internal Affairs
12 Feb 2024
Contributed by Lukas
SkyCity could be forced to cough up millions for alleged breaches of legislation on money laundering. The Department of Internal Affairs is accusing S...
Nicola Willis: Finance Minister says trustee tax rate will increase to 39 percent from April 1
12 Feb 2024
Contributed by Lukas
The Finance Minister plans to implement a 39 percent trustee tax rate by April 1. This increase follows on from Labour's proposed plan for trustee tax...
Dr Ayalla Ruvio: Michigan State University researcher on the impact of Super Bowl advertising and the Taylor Swift effect
11 Feb 2024
Contributed by Lukas
Super Bowl LVIII is expected to start at 12:30 NZT, and advertisers have been ready for kickoff all year. Brands will be bringing in high-profile cele...
Melissa Davies: Christchurch entrepreneur launches 'Holdmine' app designed to make death easier on loved ones
10 Feb 2024
Contributed by Lukas
One Christchurch-based entrepreneur hopes her platform will hold information to make death easier on loved ones. 'Holdmine' allows users to store pers...
Dr Dougal Sutherland: Giving the mental health and safety of your business a warrant of fitness
10 Feb 2024
Contributed by Lukas
The start of a new year is often a good time to check in on how your business is going. Just like we’d take our car in for a WOF, it’s just as imp...
Sam Dickie: Fisher Funds senior portfolio manager recaps US quarterly results season
08 Feb 2024
Contributed by Lukas
The US quarterly results season is well underway, with 60 percent of companies reporting their results. The marker has been bullish overall- but there...
Jamie Mackay: The Country host on the strong results from the last Global Dairy Trade auction
08 Feb 2024
Contributed by Lukas
There's speculation higher farmgate milk prices are on the way following a strong GDT auction result. All of Fonterra’s main reference products rall...
Liam Dann: NZ Herald business editor at large on the state of China's economy
08 Feb 2024
Contributed by Lukas
Could the incoming Year of the Dragon bring more luck for China's struggling economy? Ahead of Chinese New Year, the nation's economy is still feeling...
Julian Benefield: Foodstuffs North Island general counsel says human element will play key role in facial recognition technology trial
08 Feb 2024
Contributed by Lukas
A human element will be key factor during Foodstuffs North Island's facial recognition technology trial. Up to 25 New World and Pak'nSave stores will ...
Brad Olsen: Infometrics Principal Economist on unemployment growing to 4 percent in the December quarter
07 Feb 2024
Contributed by Lukas
Increased unemployment figures are a sign of a stronger overall economy, claims one expert. Stats NZ figures show unemployment has crept up to 4 perce...
Jeremy Hutton: Milford Asset Management Equities Analyst on Fletcher Building's multi-million dollar loss and projected outlook
07 Feb 2024
Contributed by Lukas
Fletcher Building can expect a significant financial hit, after revealing they put another $180 million aside for repairs. Costs have blown out on two...
Jenee Tibshraeny: NZ Herald Wellington business editor on the Reserve Bank requesting more money to refurbish their cash vaults
07 Feb 2024
Contributed by Lukas
The Reserve Bank of New Zealand has requested more money from the Government to cover the cost of their vault refurbishments. NZ Herald Wellington bus...
Sam Stubbs: Simplicity managing director calls for Fletcher Building's board and management to be scrutinised following cost blowout
07 Feb 2024
Contributed by Lukas
Simplicity are calling for Fletcher Building's board and management to be scrutinised further. Fletcher's stock has dropped following a multi-million ...
Alan McDonald: Employers and Manufacturers Association Head of Advocacy says unemployment rate likely to rise more
07 Feb 2024
Contributed by Lukas
There's concerns the unemployment rate will rise more. Stats NZ released its labour market update for the December quarter today, with unemployment up...
Grant Swanepoel: Jarden Analyst on Fletcher Building's $180 million financial hit to two products
05 Feb 2024
Contributed by Lukas
Fletcher Building has delivered grim news of a $180 million dollar hit to accounts on two big projects. Costs for Auckland's International Convention ...
Barry Coates: Mindful Money founder and CEO on KiwiSaver providers turning towards ethical companies
05 Feb 2024
Contributed by Lukas
KiwiSaver providers are turning away from controversial companies, instead gravitating towards ethical ones. Data from Mindful Money shows several of ...
Sam Dickie: Fisher Funds senior portfolio manager on sports becoming a factor in the streaming wars
01 Feb 2024
Contributed by Lukas
The streaming wars have kicked up a notch, as sports have become the newest area for companies to stake their claims. Disney has struck an exclusive d...
Liam Dann: NZ Herald business editor at large weighs in on the minimum wage increase
01 Feb 2024
Contributed by Lukas
The minimum wage is set to go up by 45 cents to $23.15, starting April 1. This two percent increase will affect between 80,000 and 140,000 Kiwi worker...
Murray Olds: Australian correspondent on the growing public pressure for the RBA to cut interest rates
01 Feb 2024
Contributed by Lukas
There's growing hope across the ditch that the RBA will cut interest rates soon. Australia's Official Cash Rate is currently at 4.35 percent, with red...