News
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.
Synlait Milk reports full-year loss ahead of asset sale
The infant formula producer reported a loss of $39.8 million for the year ended July, with total revenue up 12 percent of $1.83 billion.
Gen Z to inspire reshaped banking industry - report
The way banks operate is in for some changes with sweeping regulatory reforms, digital innovation and the changing customer expectations, law firm Chapman Tripp says.
Fonterra still buoyant despite slight drop in net profit to $1.09b
Chief executive Miles Hurrell says the full year ended July has been one of the Co-op's strongest years yet - and the outlook is positive.
Treasury: NZ's fiscal future not sustainable
The report warns unchanged policy would lead to debt rising to around 200 percent of GDP by 2065.
Fonterra result: Interest builds on impact of consumer brands sale
The dairy co-op is expected to deliver a strong full-year result with analysts expecting it to be at the top end of the range.
Pessimism persists despite slight lift in employee confidence
Job prospects are especially worrying for those under 30 and over 50, a new survey has found.
Climate news impacts price wine investors will pay, study finds
The study shows climate change news affects the value of asset classes, a finance academic says.
'Appallingly low': Female startups getting under 3 percent of venture capital
That's despite a 'tsunami of data' showing women-led businesses return more investment on every dollar invested, researchers say.
Contact Energy warns of calls for 'fundamental' electricity market reform
Contact Energy's independent chair Rob McDonald told shareholders the energy market isn't broken.
Organisations fail to prioritise corporate culture, survey shows
A survey of 1188 chief executives shows a small minority incorporate culture in short-and-long-term decision-making.
Banks expect economy dip for second quarter of year
Three-out-of-five bank economists forecast a deeper contraction than the Reserve Bank's expectation with the official data to be released on Thursday.
Data centres add estimated $16.5b to annual economy - study
Power-hungry data centres also support a further $76.5 billion of broader digital services, the NZTech study says.
Half of CFOs in leading businesses meeting or exceeding performance targets
The rest face stagnation or decline.
Construction insolvencies remain high in NZ, report shows
The sector is facing significant challenges, an insolvency company says.
'Closing a whole brand': Retail picture bleak as stores prepare to cut staff
The sector is not rebounding as well as in Australia, new figures show.
NZ 'appealing' as global private equity firms eye new pastures
The firms are rebalancing their portfolios in light of geopolitical changes, which could bring more investment to New Zealand.
TVNZ braces for two years of losses after posting net profit
TVNZ's full year net profit of $25.5 million for the year ended June, included a non-cash gain of $15m.
Construction activity at lowest level since 2019
The 2025 Building Construction Report indicates the industry's total revenue fell 5 percent to $94 billion in the year ended March, from $99b the year earlier.
Businesses urged to bypass free government employment mediation service
The service currently has a seven-week waiting list and an employment lawyer says it's worth using private services given the risks associated with leaving a dispute to fester.
Consumer debt issues down, but liquidations up
Consumers are getting on top of their debts, but it is a different story for small businesses.