Synlait lifts 2024/25 milk price to $8.60/kg
The dairy and infant formula maker is in the middle of a $217.8m capital raise.
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Volvo ditches pledge to sell only electric cars by 2030
Financial Times: Demand for battery-powered vehicles has decreased globally.
Lending rules easing: Directors and managers no longer personally liable for breaches
Minister Andrew Bayly believes number of changes will make it easier to get a loan.
Ponsonby’s Chapel Bar & Bistro: Who is claiming money, how much is owed
List of creditors just released shows IRD, bank, food and drink suppliers are owed money.
Financial services provider who threatened to report clients to Immigration NZ has licence cancelled
'This firm lacked any integrity with its clients," says FMA's Peter Taylor.
Kester Black investors upset after company put into administration
Once lauded for turning $50 into massive empire, the founder now faces angry investors.
Concern over housing costs hits record high across rich nations
Financial Times: Rising mortgage costs, rents meet building shortage to stoke crisis.
New house-building business couldn't survive downturn: $8.9m liabilities
KPMG will now go about realising assets in an attempt to repay company debts.
Genesis Energy to start hot water trials over next 12 months
Genesis is to start trials aimed at reducing power bills and helping the power grid.
Global stocks slide as investors fret over US slowdown
Financial Times: Wall Street extends losses after unimpressive manufacturing reading.
One NZ raises mobile pricing by $5 a month, cites 24% bump in usage
Some prepay data prices will also increase.
Richard Prebble: The folly of issuing parking fines
OPINION: Are we really going to start people on the path to prison for parking?
Northport fast-track bid sparks debate over Rosie Mercer's involvement
Rosie Mercer's wide-ranging advice to Ministers: fast-track, infrastructure & the regions.
Directors are working longer hours with no increase to fees, research finds
Female directors were more likely to be in a lower-paid role.
NZME’s David Mackrell named CFO of the Year
Mackrell has led NZME through challenging economic conditions.
Fonterra outlines another South Island plant upgrade
The new factory at Edendale will create an additional 70 jobs.
Meridian's southern hydro lakes are filling fast
Meridian's southern hydro lakes are in better shape after a dose of rain.
Former Auckland financial adviser accused of procuring $1.7m from clients for personal use
The defendant faces a maximum prison term of seven years.
Mortgages: How many borrowers have ‘fix regret’?
Mortgage brokers advise clients to hold off as long as possible before fixing rates.
The cost of cracking cancer: What the $1.6t race for a cure leaves behind
Financial Times: Pancreatic cancer is a killer, with few new treatments on horizon.
'Improper' Covid cash claim: Ministry takes hotel building contractor to court
Issue over nearly $250,000 in pandemic-era wage subsidies.
Opinion: Elon Musk is an unguided geopolitical missile
Financial Times: While Musk's influence is showing up, he still lacks ability to make law.
Financial stress eases for young Kiwis but rises for mortgage holders
Signs financial stress could be easing, but not for everyone.
Business failures surge as insolvencies hit eight-year quarterly high
'The scale of the increase has been significant', says BWA Insolvency's Bryan Williams.
Property Insider: Seascape adjudication decision awards $33m; Carrie Bradshaw index
Developer to pay builder China Construction New Zealand $33m.
'We can't sleep': Couple fear for future, loan on Du Val unit axed
Meanwhile, a decision on media access to court and receivership files has been reserved.
Disinformation-fighting group Tohatoha disbands after losing funding
The group lost support from its main financial backer.
Outgoing Treasury boss calls for capital gains tax and superannuation changes
Caralee McLiesh says structural changes are required to address NZ's structural deficit.
Du Val downfall: From champagne, private jets to receivership and $250m debt
Now Du Val investors and creditors want their money.
Amazon’s Project Kuiper, a rival to Elon Musk’s Starlink, buys land in NZ, secures eight licences
New Zealand is part of the Star Wars between two of the world's two richest humans.
UK government to probe ‘dynamic’ pricing behind Oasis ticket price surge
Financial Times: Cost jumped dramatically with online sale's ‘dynamic’ pricing system.
Retail crime in NZ hinders Michael Hill result
Michael Hill has posted a disappointing result after tough year of local retail crime.
Downed tools leave Auckland's Seascape an empty shell
The Detail: A feud between builder and developer has brought work on Seascape to a halt.
Casino doors shut next week: What happens to 700 SkyCity Auckland staff?
Will staff be paid? Will they have to come to work still? Work shifts? What will they do?