Market close: Synlait gets its vote; Spark sinks to 9-year low
The New Zealand sharemarket posted its third successive fall.
AdvertisementAdvertise with NZME.
Latest fromMarkets
Former Heartland Bank employee accused of insider trading
The individual appeared in the Auckland District Court today.
Ryman Healthcare names new CEO
Ryman nabs former CEO of Marsden Point operator Channel Infrastructure.
Auckland Airport launches $1.4b capital raise
The money will be used to upgrade 1960s infrastructure.
The $76b Super Fund’s next big challenge
How the new CEO plans to double it in a decade.
Markets with Madison: Super Fund
Our sovereign wealth fund is set to double in the next decade. How will its new CEO meet its growth demands? Video / Cameron Pitney
$2b powerhouse: Why Contact really wants Manawa
Contact's chairman says it's all about hydroelectricity.
Markets with Madison: Power merger
Two electricity companies could join forces to become the second-largest player. Contact Energy’s CEO and chairman explain why they’ve been trying to take over Manawa in secret.
Stock Takes: Oliver Mander's new NZSA role
Plus: WasteCo's covenant breach, Tower's new horizons and Napier Port pain.
What's on in Tairāwhiti this weekend: art exhibition, Queen musical and rugby clash
What's on in Tairāwhiti: monthly market, art exhibition, Queen musical and rugby clash.
Markets with Madison: Financial stability
Economic pain has forced the Reserve Bank to cut interest rates and introduce new lending regulations. How worried is the Deputy Governor about our financial system?
Reserve Bank deputy governor says NZ rate hikes had intended effect
Deputy Governor says its plan has largely worked - with some surprises.
US short-term bond yields fall below longer-term
Financial Times: A shift in US bond yields has left many investors guessing.
Markets with Madison: Metlifecare
The third-largest retirement village operator has transformed in secret since it was bought by private equity in 2020. Will the better business find its way back the public market?
How Metlifecare expanded in secret after $1.3b deal
The retirement village operator went private in a $1.3b deal in 2020.
NZ stocks emerge from a tough reporting season
Is there light at the end of the tunnel for NZ's beaten-up share market?
Global stocks slide as investors fret over US slowdown
Financial Times: Wall Street extends losses after unimpressive manufacturing reading.
NZME’s David Mackrell named CFO of the Year
Mackrell has led NZME through challenging economic conditions.
Market Watch: The ‘September effect’, heading into Wall Street’s ‘crash zone’
Mike Taylor looks at the risks of a market crash as we head into the northern autumn.
Market Watch: Risks to watch as we head into Wall Street’s high crash zone
Business editor-at-large Liam Dann talks to Pie Funds CIO and founder Mike Taylor about risks to watch as we head into Wall Street’s high crash zone. Video / NZ Herald
Asia shares steady, US dollar firm before jobs test
Upcoming jobs report may be crucial for rate cuts in world's biggest economy.
First look: Inside Northland oil refinery post-shutdown
Marsden Point was once a hive of activity – now it's quiet and pipes are rusted.
Markets with Madison: Fuel future
Channel Infrastructure at Northland’s Marsden Point is now an import fuel terminal. Video / Alyse Wright
NZ Rural Land resumes dividends after profit boost
Revaluations have boosted NZ Rural Land's first half profit.
Markets with Madison: Air New Zealand
The airline’s annual net profit fell 65%. The CEO Greg Foran explains how the economy and engine issues are impacting its earnings. Video / Alyse Wright
All the headwinds impacting Air New Zealand’s profitability
What Greg Foran thinks of the economy, inflation and engine issues.
Stock Takes: Aussies snap up $2b stake in NZ power line company
Australia’s second-largest pension fund will take up majority ownership of Powerco.
NZ’s tallest apartments: Agents head to London to sell ‘paused’ units to wealthy Kiwis
Despite a construction pause, Seascape's luxury apartments are still on the market.
Comvita posts $77.4m loss after difficult year
Loss of a major customer and sharp fall in China demand blamed for poor result.
Warren Buffett’s Berkshire Hathaway surges past $1 trillion market value
Financial Times: Chair has sold stocks including Apple.
A sign of things to come? Fonterra to spend $75m on high-protein nutrition
The high-value protein industry is projected to grow by $16b over the next four years.
Synlait co-founder John Penno lodges complaint over recapitalisation plan
Former chairman John Penno has pushed back on Synlait's recapitalisation plan.
Markets with Madison: Energy squeeze
The energy shortage is forcing manufacturers to cut production to keep power flowing to households. Will more renewable electricity fix the problem for the future?