Business reporter, NZ Herald
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Fonterra says NSW court decision will not change Mainland sale plans
Fonterra says plans to divest its global consumer businesses are unchanged.
US tariffs to hit Delegat Group's 2025 earnings
The wine company has lowered its earnings outlook due to a 10% tariff.
'Our planning laws are a mess': Top CEO on 'whims and fancies' stopping big projects
Mike Fuge says that is not appropriate when we have such an important job ahead
Stock Takes: NZ shares are down, but not out
New Zealand's sharemarket is in correction mode, but is faring better than others.
'Energy security': Genesis keen to keep Huntly unit running
Genesis says talks are continuing about keeping Huntly's Rankines going for longer.
Dry start to year prompts Transpower to clarify hydro storage access
Transpower says no to generators' request to free up more water for hydro generation.
Lodestone investors put up another $50m for solar projects
Lodestone investors have put up another $50 million for new solar projects,
Market turmoil drives NZ dollar sharply higher
The New Zealand dollar has rallied sharply amid turmoil on international markets.
Chicken exports normalising after flu outbreak – MPI
Chicken exports are getting back to normal, MPI says.
Stock Takes: Who’s lining up to buy Fonterra’s Mainland and how much is it worth?
Fonterra's Mainland sale process continues despite a turbulent sharemarket.
Market close: NZ stocks weather two earnings downgrades to end firm
New Zealand stocks ended strongly, despite earnings downgrades and offshore trends.
Dry weather lowers Mercury NZ's earnings forecast by $60m
Mercury's earnings will be affected by dry weather this financial year.
Stock Takes: How Sharesies investors responded to ‘Liberation Day ’ convulsions
Sharesies investors have opted to play safe during convulsions on world markets.
Shocking: Alpine Energy owes electricity customers $16.9m after accounting error
Commerce Commission warns Alpine Energy over "serious and preventable” breaches.
Will tariff turmoil drive NZ interest rates lower still?
NZ wholesale interest rates have fallen after the US introduced higher tariff charges.
$2.4b wiped off value of NZ stocks in reaction to US tariffs
The NZ market is down more than 3% and the Australian market has plunged 6.3%.
NZ hydro-power generation gets a boost
Much-needed rain has taken some pressure off the national electricity grid.
Kiwi electric fence maker Gallagher takes full control of European unit
Gallahger Group has taken full control of Gallagher Europe to further expand the business.
NZ stocks weaken after turmoil on world markets
More volatility is predicted to be in store as the day progresses.
What’s next for NZ stocks after a poor first quarter? Stock Takes
New Zealand shares suffered a poor first quarter, driven by sickly corporate earnings.
What KiwiSaver investors should do after a bad start to 2025 for world markets
The S&P 500 is down by almost 5% while the local NZX50 has dropped 6.4%.
Contact-Manawa takeover decision delayed
If the deal proceeds, it would make Contact the second-largest generator in New Zealand.
Genesis boosts coal stockpile, preps for potential power shortfall
Genesis may start a third Rankine for extra power during emergencies.
Stock Takes: Has ethical investing lost its shine?
The change of Government in the United States has put ESG investing on the back foot.
Will Contact’s plan to buy Manawa Energy get over the line?
The Commerce Commission's decision is due before the end of the month.
Contact to appeal $230m Southland wind farm denial
Contact will reapply for consent to build a 330MW wind farm near Wyndham, in Southland.
Meridian says Ruakākā solar farm will power half of Northland’s homes
Meridian Energy will proceed with its planned $226m solar farm near Whangārei.
Synlait returns to profit, beats forecast
Synlait has beaten its first-half earnings forecast after going into the red last year.
S&P says Fonterra’s balance sheet can handle Mainland sale
Fonterra's balance sheet will offset the impact of its planned sale Mainland, S&P says.
Stock Takes: Is gold a good bet?
Gold has hit a record high this week but is it a good investment?
Dairy farmers set for bumper earnings in 2025
Farmers look set to receive a high milk price and dividend from Fonterra this year.
Fonterra’s first-half profit climbs to $729m
Fonterra raises first half profit, dividend, keeps $10/kg milk price forecast
Contact’s rejected wind farm project will delay NZ energy transition, industry body warns
The proposed wind farm was declined for being in an area of 'outstanding natural feature'.
Economy in line for $10 billion boost if farmgate milk price stays high
A back-to-back $10/kg milk price would put money in farmers' back pockets.
Hydro lake levels are at record lows, but that could quickly change
Severe wind and rain forecast for the central and southern parts of the country this week.
Record low lake levels push regulator to strengthen power supply rules
The move has been made to ensure consumers have reliable power in the colder months.
Stock Takes: A trade sale for Mainland?
Australia’s Bega Group is a potential buyer due to existing Fonterra ties.
Fonterra reshuffles top management before sale
The dairy co-op is preparing to divest its consumer business.
NZ banking net profit rises to $7.22b amid economic challenges
Profits were in the middle to upper end when compared with other countries.
NZ solar power hits record but still only 1.3% of total generation
NZ solar power generation beat thermal power for the first time in 2024.
Market close: US turmoil sends NZ sharemarket lower
Wall St stocks plummeted as investors fretted tariffs could lead to a recession.
Market close: Dairy helps drive NZ stocks higher
NZ stocks close almost one percent higher after a late buying surge.
Why Fonterra’s latest outlook means big gains for dairy farmers
Fonterra raised its 2025 earnings guidance to 55-75 cents per share.
Stock Takes: 25% tariffs loom leaving NZ market uneasy as trade uncertainties grow
Fisher & Paykel Healthcare under pressure as analyst forecasts $100m in additional costs.
Will NZ farmgate milk prices hold?
Expectations of a $10/kg-plus milk price remain in place despite weak dairy auction.
Why NZ business groups are backing power purchase agreements
Business groups say more power purchase agreements will benefit New Zealand.
Departing Meridian boss' parting shot: Leave the system alone
The departing Meridian Energy boss says the power sector is fine as it is.
Meridian to join major electricity companies in hiking power prices
Toughest times he can recall: Meridian boss cites hydro, wind and gas problems.
Brace for 9.7% power price rise from April, Mercury warns
Mercury feels repercussions of last year's winter.
Ryman Healthcare to raise $1 billion to slash debt
Big retirement village operator says it wants a platform for growth.
Genesis Energy says power shortage cost it $59 million
Genesis Energy lifted its earnings in the first half, despite a difficult winter.
Genesis reports strong first half profit
Genesis net profit leaps past $70m in volatile environment.
Stock Takes: Focus turns to second half after RBNZ rate cut
Focus has turned to those companies who will benefit from this week's RBNZ rate cut.
Auckland Airport CEO says more work to do in tourism
NZ has more work to do in stimulating tourism, Auckland Airport's CEO says.
Market close: NZ sharemarket ends steady after RBNZ rate cut
NZ stocks ended slightly down with Fletcher Building outperforming after the OCR cut.
Genesis beefs up coal supply to avoid another power price spike
Genesis Energy has bolstered its coal supply to avoid another power shortage.
Cashed-up a2 Milk beats market, pays maiden dividend
A2 Milk has surprised the market with a strong first-half performance.
A2 Milk first-half net profit up 7.6%, sets 8.5¢ dividend
A2 Milk beats market expectations, ends half with net cash position of more than $1b.
Oji Fibre confirms 230 jobs at Kinleith Mill to go
Workers believes more jobs will be affected,
Stock Takes: Will NZ corporate earnings offer green shoots for the economy?
The reporting season gets fully underway next week. Will there be green shoots?
NZ power prices set to stay elevated in 2025
Power companies keen to avoid another price spike.
Power companies look at extending Huntly’s lifespan
The big four are looking at ways of extending the life of Huntly's Rankines.
Westpac picks record $10.30/kg milk price for 2024/25
Westpac said global dairy prices have generally held their ground.
Vulcan Steel first-half profit plunges 65%, slashes dividend
Vulcan says it faces some volatile, challenging conditions here and in Australia.
Genesis Energy's plan to reduce coal dependency
Genesis has taken another step towards reducing its reliance on coal for Huntly.
What to expect from company earnings season
The season - comprising mostly second half 2024 results - gets underway this week.
Will a $10/kg milk price hinder Fonterra’s plan to sell consumer business?
Fonterra's prices might be going up to $10 a kilo at the farm gate.
Stock Takes: Why the NZ sharemarket is lagging the rest
There are some stark contrasts between the local index and other comparable markets.
Trump trade wars: What impact tariffs will have on Kiwi businesses
New Zealand will feel the indirect impact of America's policy on world trade, experts say.
Top NZ company says Trump’s US tariffs will increase costs, share price falls
Fisher & Paykel Healthcare makes a lot of products in Mexico, now a target of tariffs.
Stock Takes: Better times ahead for NZX-listed dairy companies?
Synlait is back in action after a terrible 2024, while trade tension overhangs FPH.
Work to start on NZ's biggest solar farm in 2025
It would create enough power to supply the equivalent of about 35,000 homes.
Where it all began: The origins of forestry, NZ’s third-largest export
Kaingaroa lies at the heart of New Zealand's forestry sector.
Down but not out: Fonterra's biggest business opportunity
Fonterra's Teh-han Chow says China remains the land of opportunity for Fonterra.
Tall Timber: NZ’s biggest 20 forestry companies
Who are the companies behind New Zealand's third biggest export trade?
Dairy farmers forecast to get $4 billion boost from 'dream combo' of factors
December saw the highest milk solids collected for the month since December 2020.
Westpac NZ admits overcharging customers $6.35m
Westpac's conduct affected a total of 24,621 customers.
Meridian, Todd's Nova Energy plan big solar project
Solar farm should generate enough power for about 100,000 homes.
NZ yields up, Kiwi dollar down after fiscal update
New Zealand Government bond yields climbed higher after the Government's fiscal update.