Business reporter, NZ Herald
We are your advocate, Aotearoa. Uncovering stories that matter, asking hard-hitting questions of those in power, live-blogging sport events, monitoring the highs and lows of the NZX and providing Premium expert opinion and analysis. Bringing you distinctive, quality journalism and breaking news from across New Zealand and around the world. With specialists working together to create indepth reads, engaging video, and unmissable podcasts.
Coal, gas data shows NZ 'lurching from crisis to crisis'
Figures show NZ relied heavily on coal and gas-driven power generation from April to June.
Will Contact's plan for Manawa get over the line?
Contact's $2.3b plan may struggle to get Commerce Commission clearance.
Contact Energy makes $1.86 billion play for Manawa
Contact says it wants a more diversified, resilient and efficient business.
Winstone blames power prices for mill closure
Winstone says its two central North Island mills will close indefinitely.
Meridian says South Island hydro levels now at above-average levels
South Island lakes are looking healthier after sinking to seriously low levels last month.
Key economic indicator turns positive in NZ for first time in two years
An upwardly sloping NZ yield curve is jolting people out of a 'survive to 25' mindset.
'No further action': Takeovers Panel ruling on Synlait
The panel will take no action over the Bright Dairy, a2 Milk plan for Synlait.
NZ stocks emerge from a tough reporting season
Is there light at the end of the tunnel for NZ's beaten-up share market?
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.
NZ companies warm to climate change reporting
Climate change moving into the mainstream, PwC says.
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.
Meridian's southern hydro lakes are filling fast
Meridian's southern hydro lakes are in better shape after a dose of rain.
NZ Rural Land resumes dividends after profit boost
Revaluations have boosted NZ Rural Land's first half profit.
Energy crisis: What will it take to fix the system?
What this month's power price spike says about NZ's electricity sector.
Mercury, Winstone Pulp in war of words over power price claims
Mercury has contested forest products company Winstone's claims about high power prices.
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.
Meridian profit up, but a tough 2025 year looms
Meridian has lifted its earnings, but says dry conditions will make 2025 challenging.
Vulcan slashes dividend after 55% profit plunge
Vulcan blames high interest rates and inflation for its sharp fall in earnings.
NZ Shareholders' Association says Synlait deal a 'dead rat' for minorities
The Shareholders' Association says the Synlait recapitalisation plan will hit minorities.
Genesis profit down 33%, looks to LNG as a fuel for Huntly
Genesis CEO Malcolm Johns says LNG is being considered as a fuel for its Huntly station.
Transpower gives green light for generators to use more water
Consumers could be paid to use less power if the situation deteriorates.
Genesis Energy net profit drops by a third
Low lake levels and constrained gas supply drove earnings down.
Synlait chair defends capital raise plan, says Pōkeno decision imminent
Cash-strapped Synlait has outlined details of its plan to pay off debt.
Transpower decision due soon on hydro lake levels
Transpower will soon decide if generators can use more water from their hydro dams.
Poor hydro levels weigh on Mercury’s 2025 earnings outlook
Power company Mercury NZ says pressure on the electricity system will remain.
Power squeeze prompts Tīwai Point to cut production again
NZAS agrees to curtail aluminium production at country’s biggest power user.
A2 Milk disappoints, despite 7.7% lift in profit
A2 Milk's share price just got slammed, despite reporting a strong annual result.
Earnings preview: NZ's big four power companies set to reveal all
Hydro lake levels and gas supply will feature in upcoming power company results.
Why A2 Milk's profit is set to defy sluggish Chinese economy
A2 Milk expected to report a healthy gain in its annual net profit on Monday.
Synlait and a2 Milk resolve contract disputes
A2 Milk will make a one-off payment to Synlait of $24.75 million.
NZ stocks celebrate OCR cut with 2% gain
The market has given its verdict on the Reserve Bank's cut in the Official Cash Rate.
Genesis says demand for new power options exceeds supply
85 megawatts (MW) of Huntly firming options have been secured by a number of participants.
Markets heavily favour OCR cut this week
Market pricing points to a rate cut from the Reserve Bank this week but views are mixed.
Power price spike a threat to provincial economy, energy users' group says
Multiple mills have had to go offline in the last week due to high power prices.
Manawa Energy share price slumps after customer default
The power generator now faces a sharply lower earnings forecast for the 2025 year.
Rising energy costs could force closure of Oji Fibre Solutions recycling plant
'Crazy outcome' could follow as high power prices blamed for plant's possible closure.
NZ sharemarket set for more trouble after Wall St sell-off
The local market was at least expected to hold up better than many offshore.
NZ's stretched power sector is facing big challenges, Electricity Authority warns
Wholesale electricity prices have risen sharply in the past month.
Stock Takes: NZ lower cap companies ripe for takeover – who's next?
Will weaker New Zealand share prices encourage more takeover activity?
How a $448 million wind farm was nearly blown off course
From multiple cyclones to Covid lockdowns and cement gone wrong.
Why NZ home mortgage rates are on their way down
NZ two-year swap rates have fallen sharply over the last month.
Honey exporter Comvita sinks to $16.8m loss
Comvita blames trading conditions in China and non-recurring costs.
NZ power system needs to change, says Vector boss
Vector's Simon Mackenzie says the electricity reforms of the 1990s no longer apply.
The big obstacle facing Tindall's Warehouse plan
The takeover plan will require the approval of the Norman family.
The Warehouse takeover offer drops: Is $590m a bargain?
If the proposal is to proceed, shareholders would be required to vote to approve it.
What's behind the latest power price spike?
NZ wholesale power prices are sharply higher this winter.
Stock Takes: Which stocks will perform this reporting season?
What to expect from next month's reporting season for NZX-listed stocks.
Aussie consortium to buy Pernod's NZ, Australian, Spanish wine businesses
A consortium plans has eyed up Pernod Ricard's Aussie, NZ and Spanish wine businesses.
Watch: Inside NZ’s biggest fully electric bus depot
Kinetic says about 75% of Auckland's buses will be electric over the next 3-5 years.
NZ’s looming gas shortage: The case for LNG imports
Data shows NZ's natural gas production is expected to drop below demand very soon.
Chasing green electrons: Why Rio Tinto went all-in on Tiwai Point
And what the future holds for the Southland plant.
Inland Revenue to spend $29 million on chasing tax cheats
The department will target student loan borrowers, multinationals and crypto traders.
'The task ahead is complicated': Synlait lives to see another day – what next?
Minority shareholders voted in favour of a loan to Synlait Milk at a special meeting.
Gas production in NZ set to fall below demand
NZ gas production will fall below demand over the next three years, MBIE says.
A2 Milk to vote in favour of Bright Dairy loan to Synlait
Synlait waiting for vote on $130m loan
Synlait Milk chairman: Vote or die wondering
Synlait chair George Adams is urging minority shareholders to vote at Thursday's meeting.
Stock Takes: A new era for power utilities? And sharemarket winners and losers in Q2
Power generation goes from 'nothing-to-see here' to having quite a few moving parts.
Dairy prices suffer big fall at auction, demand from China still subdued
Prices for nearly all the main products declined at the latest GDT auction.
Bank's warning to NZ farmers – don't get complacent on emissions
Rabobank says NZ agriculture should not 'coast' on greenhouse gas emissions.
Tiwai deal opens door for new power projects
Contact Energy has started its first battery project and says more will follow.
Contact teams up with Tesla to build grid-scale battery at Glenbrook
Contact's collab with Tesla will deliver a battery big enough to power 44,000 homes.
Will cash-strapped Synlait Milk survive?
As a vital shareholder meeting approaches, China's Bright Dairy says Synlait can survive.
Expect higher generation costs: Genesis
Genesis says a lower gas supply will increase power generation costs.
NZAS keeping an open mind on re-opening fourth potline
The potline closed early in 2020 in response to Covid-19 and has remained shut ever since.
What The Warehouse’s earnings downgrade signals for the economy
The Warehouse promises 'laser focus' on core brands after grim outlook.
Power problem: Growth of NZ data centres equivalent to demand from 200,000 homes
Data centres will put more pressure on already rising NZ power demand.
Lodestone Energy sets sights on Mackenzie Country
The company has plans for a solar farm on the high-country Haldon Station.
The sharemarket's haves and have nots: Stock Takes
Infratil's capital raise, and the rise of Nvidia, highlights a two-tier sharemarket.
Wide current account deficit a risk to NZ credit rating, ANZ says
ANZ says big current account deficit is a risk to New Zealand's credit rating.
Infratil's $1b share placement easily filled
The first leg of Infratil's $1.15 billion share offer has attracted strong demand.
NZX companies still coming to terms with climate risk reporting – PwC
PwC says companies are adjusting to new climate risk reporting standards.
Infratil capital raise: What it means for the sharemarket
Infratil's big capital raise will have implications for the sharemarket.
Infratil plans big data centre expansion
Infratil plans to raise $1.15 billion to fund growth in data centre company CDC.
How a high-flying bond trader became one of NZ’s largest farmers
Corporate farming a trend, don't write off the family farm just yet, Forbes Elworthy says.
Market close: NZ stocks end week with slight fall
An earnings downgrade from Steel & Tube put a dampener on sharemarket sentiment.
Are New Zealand’s power companies making too much money?
Consumer Advocacy Council says new disclosure rules are not good enough.
How private equity is winning the battle against public sharemarkets
It’s been a long time since the NZX has seen an initial public offer of any size.