Lake levels are close to average, easing fears of a power shortage.

Fletcher Building shares closed down 8c or 2.5% at $3.07.

Plus: Auckland Airport and Spark are back in favour with analysts at Morningstar.

The project will boost the key station's flexibility, says chief executive Malcolm Johns.

Consumer NZ calls for separation of power firms' generation and retail roles.

Lower bond yields have helped drive the NZ sharemarket sharply higher at the close.

Rising world bond yields are unsettling sharemarket investors.

Fonterra forecasts a milk price range of $8-$11 per kg for the 2025/26 season.

Fisher and Paykel Healthcare reported a 43% net profit increase to $377.2 million.

Australian media report says the company will soon make a move for manufacturing assets.

About 43% of FPH's revenue for the first half of the year came from the US.

Meridian's Ruakākā Bess is NZ's first large-scale grid battery storage system.

New Zealand's sharemarket largely ignored the Budget to end weaker.

An overhang on the stock is weighing on the retirement village operator's share price.

Meanwhile, Greenpeace has described it as a 'Scorched Earth Budget'.

The Global Dairy Trade auction ends flat as prices support Fonterra's $10/kg forecast.

Former Fisher Funds fund manager David McLeish launches Wedge

Economists expect Thursday's Budget to mark peak government debt levels.

Falls in Fletcher Building and F&P Healthcare drove the sharemarket lower.

Analyst says risks in Fonterra-Bega legal tangle have been overstated.

The NZ capital market faces challenges, but NZX says reform will bring improvements.

Bremworth will make synthetic carpets again, reversing a 2020 decision.

Fisher and Paykel Healthcare will be the main event when it reports on May 28.

Chief executive Antonia Watson says the flat result reflects the state of the economy.

The money was borrowed during Covid times at a very low interest rate.

Logistics firm's rally helped push the New Zealand sharemarket to a higher close.

Mercury, Meridian and Manawa are likely to be hit hardest by the earlier drought.

Fonterra says plans to divest its global consumer businesses are unchanged.

Mike Fuge says that is not appropriate when we have such an important job ahead

New Zealand's sharemarket is in correction mode, but is faring better than others.

Transpower says no to generators' request to free up more water for hydro generation.

The New Zealand dollar has rallied sharply amid turmoil on international markets.

Chicken exports are getting back to normal, MPI says.

Fonterra's Mainland sale process continues despite a turbulent sharemarket.

New Zealand stocks ended strongly, despite earnings downgrades and offshore trends.

Sharesies investors have opted to play safe during convulsions on world markets.

NZ wholesale interest rates have fallen after the US introduced higher tariff charges.

Much-needed rain has taken some pressure off the national electricity grid.

Gallahger Group has taken full control of Gallagher Europe to further expand the business.

New Zealand shares suffered a poor first quarter, driven by sickly corporate earnings.

The S&P 500 is down by almost 5% while the local NZX50 has dropped 6.4%.

The change of Government in the United States has put ESG investing on the back foot.

The Commerce Commission's decision is due before the end of the month.

Fonterra's balance sheet will offset the impact of its planned sale Mainland, S&P says.

Gold has hit a record high this week but is it a good investment?

Farmers look set to receive a high milk price and dividend from Fonterra this year.

The proposed wind farm was declined for being in an area of 'outstanding natural feature'.