ANALYSIS: PM refuses to rebuke Peters over his funding threat to RNZ.
Carry On: Changi lounge upgrades, busiest airports, New York’s eVTOL network.
Our weekly collection of news bites, hot takes, and gossip around the town.
In case you missed it: News bites for the week.
Meanwhile, city law firm takes a direct caveat on the Gulf Harbour golf course land.
Petfood company says it is operating in a tough environment amid economic downturn and global pressures.
Trio faced criminal charges dating back to conduct from 2020 which can only now be reported.
Crown entity describes CDL bid as ‘unreasonable and opportunistic’, with the process of redeeming preference shares at a materially lower price than the shares as egregious.
Mortgage rates are tracking down, but renting a comparable home is still cheaper, the bank’s research shows.
Government moves on the first of 17 roads of national significance, with the likely bill already sitting at $15 billion.
Employee shareholders pull the trigger on legal claim alleging oppressive conduct by the fund administration group's board.
Solar farm developer says solar has a big part to play in cutting dry year hydro risk.
ANALYSIS: Treasury believes monetary policy should play the lead role in responding to economic crises.
ANALYSIS: As China chokes the global supply chain of critical minerals, some small Australian companies could be the beneficiaries.
ANALYSIS: Why do shareholders appoint a patsy to their boards just before their companies fail?
ANALYSIS: The Achilles heel for the US – the funding of a large fiscal deficit via the US bond market – has been exposed.
Trade-related software company says complexity in global trade will draw shippers and freighters to its products.
The sale will not only deliver a small profit but, importantly, create cash to invest in the expanding private markets business.
Singapore-listed shareholder says it’s the ‘final and best’ price it’s willing to pay.
Stats NZ data shows annual inflation rose to 2.5%, above 2.2% at the end of last year.
The central bank’s chief economist aims to improve understanding of forecasts in a volatile and uncertain world.
Monetary policy is easier to reverse than fiscal policy, Treasury’s chief economic adviser Dominick Stephens says.
The central bank had asked for more than $1b over the five-year funding period.
We can’t keep planting forests forever, says Parliamentary Commissioner for the Environment.
They have a real sense of desperation, Richard Wagstaff says.
Māori and Pasifika films are captivating audiences and driving significant economic growth in New Zealand's film industry.
Ngāti Toa wants the Government to act on Treaty settlement failures as PM pledges stronger oversight.
Waikato Tainui representative predicts: ‘With our culture and your dollars, we’re going to be awesome.’
Land agency and the NZTA say the incentives should be about half a percent of project value, citing about $20m across an initial three major national highway jobs.
A new law will make little difference to the price of building products, observers say.
Simmering discontent by infill developers with the country’s largest lines operator will now be looked at by the competition regulator.
The fall was the biggest since March 2020, during the Covid pandemic.
Australia’s beef industry had feared 20% tariffs on its US$3.3b in annual exports, so was relieved with the 10% announcement.
The ASX is maintaining the Chess system until 2032, but regulators see operational risk.
Business intelligence SaaS platform Opal3 has been bootstrapped by Praxxis Group founder and leadership consultant, Bernie Frey.
The rebate allows gaming studios to recoup 20 cents for every dollar they spend on developing a new title and is capped at $3m.
Simpson Grierson lawyer says directors can’t delegate fiduciary responsibilities to artificial intelligence – yet.
Employee shareholders at the fund administration firm say the value of their holdings has been destroyed by 'oppressive' capital raising terms.
Cook Strait ferry service rapped over the knuckles for 2023 failings and refusal to pay compensation to affected passengers, but says it will get its house in order.
Differing views from an AML lawyer and auditor characterise a sector singled out for ‘relief’ by the Government.
LISTEN: Starship Foundation CEO Jo Simon talks ‘starvation charities’ and how she has a business plan to keep hers sustainable.
LISTEN: There’s nothing he likes more than old vinyl. Craigs Investment Partners CEO Simon Tong reveals his addiction to records – plus the reasons behind the $100m-plus private equity deal.
LISTEN: NBR’s annual Accountants series reveals tough times for the normally bullet-proof sector.
Employee shareholders seek compensation for preferential shares issues they say have cost them billions.
Chief executive Samantha Barrass also tells banking inquiry that NZ is way behind on open banking.
The fund administration platform raises further funds to execute 'refreshed strategy'.
The pharmacist-turned-beekeeping enthusiast appealed a case against Geneva Capital.
Former Heartland Bank accountant Kevin Young was sentenced in the Auckland District Court today.
Lender De Lage Landen feared assets might be dissipated before money was repaid.
Restructure of one of Hamilton’s biggest legal firms comes after its link to failed townhouse developer Du Val.
Created as a specialist firm to service the public sector, Scyne is hurting from the move to insourcing.
Assurance leader Susan Jones takes over from Simon O’Connor, who has led EY NZ since 2011.
‘Denial is the poisoned chalice, easily drunk by those who have worked hard to build the status quo.’
The mānuka honey company has been acquired by international private equity, in a deal thought to be more than $100m.
Aimer founder Jeremy Bryant targets up to $2m to grow team and expand to new markets.
Wittner and Jeanswest join the Noni B and Rivers brands in the hands of administrators.
The first liquidator's report shows the retailer recorded multiple years of trading losses.
Incoming Swedish retailer expected to grab market share from existing players such as Briscoes, says Forsyth Barr.
Auckland realtor run by Megan Jaffe and Thomas Farmer had been top performer among 1000 offices for nine years, before losing out to the hot Sydney market.
Big banks start rolling back one-to-two-year mortgage rates, while longer-term rates remain higher.
Many new builds in Auckland CBD were built in the belief NZ’s largest business drawcard would be up and running long ago, Templeton Group founder says.
In an exclusive interview with NBR, co-founders talk Commerce Commission, growth, and getting into politics.
Deal values Serato at close to $175m.
TA Associates stake worth more than $100m, still needs court sign off.
NZ chief executive Andrew Holmes on client agendas, consultations, and cautious optimism.
BakerTillyStaplesRodway chair David Searle on longevity, outsourcing, and surviving through 2025.
ANALYSIS: Mercury Capital’s Findex deal a sign of things to come for New Zealand firms.
Representing the 500 or so descendants of the former eastern Māori MP Wi Pere, the trust generates above-average returns from 7000 hectares of hill country and a relatively small 79ha horticulture unit.
Earlier this year Sir Michael held a private golf tournament at his exclusive golf course, The Hills, to raise money for environmental conservation organisation Southern Lakes Sanctuary.
With a property portfolio worth more than $140m, McHardy has a 20% stake in New Zealand Pastures.
Short is joined by Rob MacGregor and Ashok Poduval.
S&P Global Ratings issues warning of reduced travel demand.
Carry On: Airbus first class concept, tariff turmoil delays, US regionals merge.
Catherine Thompson’s previous roles include executive-level roles at major New Zealand energy providers Contact Energy and Manawa Energy.
DLA Piper builds litigation and regulatory bench strength with appointment of Bridget Murphy.
No reason was given for Hockly's departure, who has been in the top job since 2019.