Inflation wipes 65pc off Warehouse Group profit in ‘tough year’
But the red sheds are booming in a cost of living crisis.
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Latest from Markets
Fonterra shareholder farm numbers tumble, but milk market share is king
Watchdog says it's more important that Fonterra is the processor of choice.
NZ market edges down as employment confidence hits low point
Market close: Turnover was a light $101.3 million.
Sharesies users get new instant pay wallet refill option with two big banks
Bigger wallet top-ups cheaper with open banking than using credit card, Apple or Google.
Royal carpet maker Victoria’s shares tumble on auditor’s fraud risk warning
Financial Times: Kiwi financier Geoff Wilding took helm, presided over share price surge.
Synlait doesn’t rule out capital raise if asset sale falls through
Cash-strapped Synlait Milk has DairyWorks up for sale.
Oil price surge making Z Energy nervous
Demand has dropped "quite substantially" as Brent crude nears US$100 a barrel.
Markets with Madison: Oil surge
Brent crude could hit US$100 a barrel and it’s making major fuel importers nervous. Our biggest fuel retailer Z Energy, owned by Australia’s Ampol, says it’s already impacting demand. Video / NZ Herald
Mark Lister: Why so gloomy? It’s not so bad out there
OPINION: There’s little point being an investor unless you believe things will get better.
Markets with Madison: Fonterra recovery
Dairy co-operative Fonterra has executed a recovery with a record $1.6 billion profit. But milk product demand is declining in China and farmers are facing financial pressure.
Fonterra’s record recovery: Why it’s still bullish on China
CEO and CFO double-down on their biggest market, despite demand dropping.
Stock Takes: Synlait’s big reveal, Fisher and Paykel's investor day
More light will be shed on the state of play with cash-strapped Synlait Milk on Monday.
Market close: Fonterra rebound enlivens flat trading on NZX
Units in Fonterra rallied sharply after a better-than-expected result.
Say cheese: What drove Fonterra’s record $1.6b profit
Cheese and protein portfolios propel surge in Fonterra profit.
Nick Mowbray on what drives success, and the upcoming election
The Zuru co-founder shares his thoughts with Bruce Cotterill.
Politicians are ‘tragic’ - Strategist reveals how to invest amid conflict
Author and hedge fund advisor successfully predicted Russian coup attempt.
Markets with Madison: Geopolitics investing
This investment strategist predicted the Russian coup and successfully shorted wheat and oil. Here’s what he’s eyeing next. Video / NZ Herald
US economist on the prospects of soft landing for global economy
Business Editor-at-Large Liam Dann sits down with S&P Global Ratings Chief Economist Paul Gruenwald to discuss the prospect of a soft landing for the global economy. Video / NZ Herald
Sealord says new deal will make it biggest seafood company
Fish n' chip shop became a major company. Now Sealord wants it.
Stock Takes: NZ market into negative territory, Peter Beck explains why he sold $34m worth of Rocket Lab shares
The NZX50 dropped 12 per cent last year and is on track for another down year.
Renewables race: The $30b electricity transition
Why NZ power companies are undertaking a once in a generation infrastructure programme.
Market close: Eighth successive fall for NZX50 Index
The index fell ahead of the Prefu announcement before bouncing back.
'BS' called on narrative around appointments to powerful RBNZ committee
Former RBNZ board member discusses 'ban' of researchers on Monetary Policy Committee.
'Doesn't make sense': Super Fund CEO's departing wish
Exclusive: Matt Whineray talks tax and liquidity ahead of exit from $62b sovereign fund.
China’s $14.3t property crisis: How exposed is NZ?
Goldman Sachs raises alarm on "significant income shock" for New Zealanders.
Markets with Madison: China’s property crisis
Goldman Sachs researchers estimate China’s total property debt was 48 per cent of GDP at the end of last year, worth US$8.4 trillion. Their chief economist explains how it could cause a “significant negative income shock” for some New Zealanders. Video / NZ Herald
Stock Takes: High interest rates versus stocks
High interest rates are making their presence felt on NZ share prices.
NZ sharemarket holds its ground in face of weaker offshore bourses
The S&P/NZX 50 Index traded steadily, closing slightly lower for the day.
Market close: NZX falls to lowest level in 2023
With the US markets closed overnight for Labour Day, there were few offshore leads.
Couple's livelihood at stake after Facebook Marketplace account suddenly shut down
All attempts to contact the tech giant to solve the issue have fallen on deaf ears.
Market Watch: What high interest rates mean for sharemarket investors
Watch: Is it time to head for bank deposits?
Fisher & Paykel’s 30-year master plan requires 'discipline'
The medical device company is on a crusade against 'short-termism'.
The Power List: Ranking NZ's booze barons and top liquor retailers
With the industry facing further reform, the liquor barons are jostling for position.
Markets with Madison: Bond yield blowout & best bits
The US 10-year Treasury yield – one of the longer-dated bonds on the market – just hit a 15-year high. Here’s how it could benefit your portfolio. Plus, to mark the 50th episode, Madison Reidy talks about what she’s hearing from executives. Video / NZ Herald