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The exchange-traded funds are set to debut on the exchange in June. Photo / File

BUSINESS

Smartshares, Blackrock to launch new ETFs on NZX

29 Apr, 2019 5:31am
2 minutes to read

NZX and Blackrock will offer 8 new ETFs on the NZX from June.

Jacinda Ardern, Katie Milne (left) and Damien O'Connor announced the M. bovis eradication plan nearly a year ago. Photo / File

BUSINESS

Farmers shocked as MPI steps up M. bovis programme

25 Apr, 2019 5:00am
4 minutes to read

Lobby group says timing could not be worse.

Coca Cola's Nutriboost beverage, which it makes with Fonterra, was rolled out in Vietnam last week. Photo/Supplied.

BUSINESS

Fonterra, Coca Cola form beverage alliance

20 Apr, 2019 1:40pm
2 minutes to read

Fonterra has formed an alliance with Coca Cola in Asia.

Tourism Holdiings shares have nosedived after a the company issued an earnings downgrade. Photo/NZ Herald.

BUSINESS

Earnings downgrades topple NZ sharemarket from record

18 Apr, 2019 12:58pm
3 minutes to read

Tourism Holdings hit hard after lower forecast.

Fitch says NZ's banks can handle the Reserve Bank's capital proposals. Photo / File

BUSINESS

NZ's big banks can handle capital changes - Fitch

18 Apr, 2019 5:00am
2 minutes to read

The agency said the banks' should be well-positioned to meet RBNZ's capital proposals.

ASB chief economist Nick Tuffley. Photo/File.

BUSINESS

Low CPI adds weight to early rate cut from Reserve Bank

17 Apr, 2019 5:11pm
3 minutes to read

Inflation lifted by a trifling 0.1 per cent in the March quarter.

Shares in a2 Milk have rallied to another record high. Photo / File

BUSINESS

Short sellers caught as a2 Milk shares rally to record high

16 Apr, 2019 5:39pm
4 minutes to read

a2 milk's share price has soared due to strong momentum in China.

ANZ Bank chief economist Richard Yetsenga. Photo/Dean Purcell, NZ Herald.

BUSINESS

World economy on shaky ground as scepticism grows

13 Apr, 2019 12:18pm
7 minutes to read

Rarely has there been a more interesting time to be an economist.

The share market has nearly doubled in value in five years, but something's missing. Photo/File.

BUSINESS

Sharemarket nears 10,000 points, but something's missing

11 Apr, 2019 12:05pm
3 minutes to read

The NZX-50 is nearing 10,000 points, but something is missing.

Napier Port's new wharf costs have escalated. Photo/File.

BUSINESS

Napier Port's wharf cost estimate rises to $170-$190m

10 Apr, 2019 4:33pm
2 minutes to read

About half of that cost was for the construction of the new wharf.

Mark Talbot, a former executive of NZX-listed tech company VMob, now Plexure. Photo / File

BUSINESS

Former executive to pay $150,000 for insider trading

9 Apr, 2019 6:01pm
4 minutes to read

He has been barred from acting as a director or manager of a listed business for 5 years.

There have been strong concerns about a growing divide between New Zealand and China. Photo/Getty Images.

BUSINESS

NZ-China relations good for now, but Huawei risk remains

8 Apr, 2019 12:42pm
5 minutes to read

Relations between the two countries have improved but risks remain.

High debt has taken its toll on NZ and Australian dairy co-ops. Photo/Supplied.

BUSINESS

Capital punishment: High debt weighs down dairy co-ops

5 Apr, 2019 5:00am
11 minutes to read

High debt has taken its toll on NZ and Australian dairy co-ops.

Reserve Bank Governor Adrian Orr. Photo / File

BUSINESS

Rate cuts loom after Reserve Bank changes tack

27 Mar, 2019 7:13pm
3 minutes to read

Economists are factoring in rate cuts after the Reserve Bank changed its tack.

The Hawke's Bay Regional Council has created a vehicle for the proposed flaot of Napier Port. Photo/Hawke's Bay Today.

BUSINESS

HBRC approves protections before proposed Napier Port float

27 Mar, 2019 2:27pm
3 minutes to read

The Hawke's Bay Regional Council created a vehicle for the proposed Napier Port float.

Reserve Bank Governor Adrian Orr. Photo / Getty Images

BUSINESS

Kiwi dollar's 'savage' fall as Reserve Bank gets gloomy on NZ economy

27 Mar, 2019 1:20pm
3 minutes to read

The Reserve Bank has kept its official cash rate on hold at 1.75 per cent.

10-year government bonds traded at their lowest point since the market was formed in 1985. Photo / File

BUSINESS

NZ Govt bond yields sink to record lows as global fears mount

26 Mar, 2019 4:28pm
3 minutes to read

10-year government bonds traded at their lowest point since the market was formed in 1985.

The Hawke's Bay Regional Council is set to vote on the mechanism wil be used for the proposed partial float of shares in Napier Port. Photo/Hawke's Bay Today.

BUSINESS

Napier Port float a step closer with HBRC vote

26 Mar, 2019 5:00am
3 minutes to read

HBRC is set to vote on the platform to be used for the Napier Port float.

Fonterra chief executive Miles Hurrell. Photo/NZ Herald.

BUSINESS

Winds of change sweep through Fonterra

22 Mar, 2019 10:22am
4 minutes to read

The winds of change are sweeping through Fonterra.

Fonterra chairman John Monaghan and chief executive Miles Hurrell. Phot/NZ Herald.

BUSINESS

Debt-laden Fonterra faces uphill battle

21 Mar, 2019 5:00am
4 minutes to read

Fonterra faces an uphill battle in the second half.

Westland Milk farmers are set to reap if windfall if the deal with Yili goes ahead. Photo / File

BUSINESS

Yili-Westland Milk deal - What the average farmer will get

20 Mar, 2019 5:00am
3 minutes to read

The average Westland Milk farmer looks set to reap a windfall.

The deal proposes the company to be sold for $3.41 per share. Photo/Getty Images.

BUSINESS

Low dairy payouts drove Westland Milk to sell to China's Yili

19 Mar, 2019 8:18am
4 minutes to read

The conditional deal will see the company sold at $3.41 per share.

Leon Clement, chief executive of Synlait Milk. Photo/NZ Herald.

BUSINESS

Synlait Milk tipped to whip up creamy first-half result

19 Mar, 2019 5:00am
3 minutes to read

The share market expects to see a strong first half result from a2 Milk this week.

NZX futures trading points to strong milk prices in the season ahead.

BUSINESS

NZX futures point to strong milk prices next season

17 Mar, 2019 4:16pm
2 minutes to read

NZX future trading has pointed to strong milk price next season.

Beingmate's share price has kicked back into life after the company reported a small profit for 2018. Photo / File

BUSINESS

China's Beingmate shares kick into life

14 Mar, 2019 5:00am
3 minutes to read

Shares in Beingmate have rallied to their highest point in more than a year.

All blacks great Dan Carter. Photo / Doug Sherring

SPORT

Carter opens up on losing $49,000-a-month French deal

12 Mar, 2019 10:00am
3 minutes to read

All Blacks great admits he doesn't "have a lot of rugby in me".

Wilmar has gone to full control of Goodman Fielder. Photo/File.

BUSINESS

Palm oil giant Wilmar takes full control of Goodman Fielder

12 Mar, 2019 9:22am
2 minutes to read

Singapore's Wilmar has gone to full control of Goodman Fielder.

Former All Black Dan Carter, who has backed the NZX-bound Laundromap. Photo / Doug Sherring

BUSINESS

Dan Carter-backed Laundromap seeks listing on NZX

12 Mar, 2019 5:00am
4 minutes to read

Dan Carter-backed firm buying laundry and dry-cleaning businesses in NZ and Oz.

Does Comvita have the strategy to win back its place as a sharemarket favourite? Photo / Getty Images

BUSINESS

Comvita: Still looking for the sweet spot

8 Mar, 2019 4:58pm
10 minutes to read

Does Comvita have the strategy to win back its place as a sharemarket favourite?

Is Sky TV heading for the sunset?

8 Mar, 2019 6:46am
2 minutes to read

Is Sky TV heading into the Sunset? A Milford Asset Management analyst thinks so.

Dry weather over much of the country is starting to hit farmes. Photo/Bay of Plenty Times.

BUSINESS

NZ's big dry starting to hit farmers

7 Mar, 2019 5:06pm
3 minutes to read

'Nationwide it is definitely hurting - it's starting to bite.'

Wellington-based online ordering specialist Mobi2Go has raised $5m. Photo/File.

BUSINESS

The next Xero? Kiwi tech business raises $5m

7 Mar, 2019 12:45pm
2 minutes to read

Online ordering specialist Mobi2Go has bold ambitions.

A2 Milk chief executive Jayne Hrdlicka. Photo/NZ Herald.

BUSINESS

A2 Milk CEO Jayne Hrdlicka likely to sell more shares

5 Mar, 2019 6:44am
2 minutes to read

Another sale of a2 Milk stock CEO looks likely later this year.

The reporting season has pointed to an economy coming off the boil. Photo/123rf

BUSINESS

Subdued NZ earnings fail to dent sharemarket's bull run

5 Mar, 2019 5:00am
4 minutes to read

The sharemarket has continued to to new highs despite a subdued corporate earnings season.

Air NZ chief executive Christopher Luxon. Photo / File

BUSINESS

Air NZ's golden run comes to an end

28 Feb, 2019 6:30pm
4 minutes to read

Air New Zealand's string of strong earnings growth has come to an end.

Reserve Bank deputy governor Geoff Bascand. Photo/Northern Advocate.

BUSINESS

UBS expects RBNZ to follow through on capital proposals for banks

28 Feb, 2019 5:00am
3 minutes to read

The central bank is proposing banks hold at least 18 per cent of risk-weighted assets.

Comvita chief executive Scott Coulter. Photo/NZ Herald.

BUSINESS

Comvita shares caned after $2.7m loss

26 Feb, 2019 6:14pm
4 minutes to read

The manuka honey maker also said it would not pay an interim dividend.

BUSINESS

Comvita shares slump 18% after first-half loss

26 Feb, 2019 11:29am
3 minutes to read

Shares in Comvita slumped by 18 per cent after the company reported a first half loss.

Dairy prices have kept on trucking higher so far this year. Pnoto/File.

BUSINESS

Fonterra's farmers are in for higher milk prices this week

25 Feb, 2019 5:00am
4 minutes to read

Prices firmed, albeit slightly, for the sixth time in a row.

Reserve Bank Deputy Governor Geoff Bascand. Photo/NZ Herald.

BUSINESS

RBNZ stands firm on bank capital requirements

22 Feb, 2019 6:01pm
3 minutes to read

Geoff Bascand has held firm on proposals for bank capital adequacy.

Federated Farmers said a proposed capital gains tax was a

BUSINESS

Rural sector gives thumbs down to CGT

21 Feb, 2019 6:33pm
3 minutes to read

Federated Farmers said a proposed capital gains tax was a "mangy dog".

Farmers are not impressed by the plans for a capital gains tax. Photo/Getty Images.

BUSINESS

Tax proposal 'a mangy dog' - CGT backlash

21 Feb, 2019 4:59pm
3 minutes to read

Federated Farmers says the proposed CGT would add omplexity to the rural sector.

The patent fight has cost millions of dollars. Photo/File.

BUSINESS

F&P Healthcare shares rally after deal with arch-rival

21 Feb, 2019 9:18am
3 minutes to read

The fight has cost millions of dollars and spanned the globe.

Fonterra and a2 Milk jointly market milk in New Zealand. Pnoto/NZ Herald.

BUSINESS

A2 Milk rallies by $1b after sharp lift in first half profit

20 Feb, 2019 5:35pm
4 minutes to read

The rise and rise of a2 Milk showed no signs of abating.

A2 Milk chief executive Jayne Hrdlicka. Photo / Dean Purcell

BUSINESS

Milking it: Kiwi company's value leaps $750m in an hour

20 Feb, 2019 11:05am
4 minutes to read

Result helped by growing market share in China.

Fonterrra chief executive Miles Hurrell. Photo / NZ Herald

BUSINESS

Fonterra back in black, signals sale of European joint venture

20 Feb, 2019 8:57am
3 minutes to read

Fonterra has posted a net profit of $80m.

Russell McVeagh expects another big year for mergers and acquisitions. Photo/File

BUSINESS

Another big year in store for NZ mergers and acquisitions

20 Feb, 2019 5:00am
3 minutes to read

After a big 2018, law firm Russell McVeagh expects to see more of the same this year.

Heartland chief executive, Jeff Greenslade. Photo/NZ Herald.

BUSINESS

Aussie reverse mortgages drive up Heartland earnings

19 Feb, 2019 12:05pm
2 minutes to read

Heartland's net profit rose 6.5 per cent in the first half.

A2 had already pointed to a big lift in earnings at last year's annual meeting. Photo / File

BUSINESS

A2 milk set for bumper profit

18 Feb, 2019 5:00am
3 minutes to read

Earnings driven mostly by A2 Milk's success in China's infant formula market.

Fonterra chief executive Miles Hurrell. Photo / Jason Oxenham

BUSINESS

Fonterra wants one rule for all for in setting milk prices

18 Feb, 2019 5:00am
3 minutes to read

Fonterra has already signalled that it supports the end of "open entry".

Graeme Hart's Reynolds Group has reported a US$5m loss. Picture / Rod Emmerson

BUSINESS

Company owned by NZ's richest man reports US$5m loss

17 Feb, 2019 10:54am
2 minutes to read

Graeme Hart's Reynolds Group has reported a US$5m ($7.3m) loss.

Auckland's new automated straddle carriers can stack containers four high. Photo / Leon Menzies

BUSINESS

Machines take control at Ports of Auckland

16 Feb, 2019 11:14am
5 minutes to read

It's the high-tech equivalent of "look Mum, no hands".

AMP has deferred its NZ IPO plans. Photo / Getty Images

BUSINESS

AMP Australia's earnings slump, defers NZ IPO plans

14 Feb, 2019 3:59pm
3 minutes to read

AMP Australia's earnings have slumped in the wake of the Hayne inquiry.

Reserve Bank Governor Adrian Orr. Photo/NZ Herald.

BUSINESS

Low NZ interest rates cemented in place with OCR on hold

13 Feb, 2019 1:00pm
3 minutes to read

The Reserve Bank has left its official cash rate unchanged at 1.75 per cent, as expected.

Contact Energy has moved to a policy of payings higher dividends. Photo/file.

BUSINESS

Contact investors in line for dividend boost after policy change

12 Feb, 2019 5:00am
3 minutes to read

Contact Energy has lifted its dividend policy.

Economists are looking to upgrade their milk price forecasts. Photo / File

BUSINESS

Economists upbeat milk price outlook after strong GDT sales

7 Feb, 2019 5:38pm
3 minutes to read

Economists are looking to upgrade their farmgate milk price forecasts.

Marc Lucas, Nic Foreman, Daniel Reason and Alistair Wilkins from Cannasouth. Photo/Suplied.

BUSINESS

NZX-bound cannabis firm wins import licences

5 Feb, 2019 9:01am
3 minutes to read

NZX-hopeful Cannasouth has won licences to import cannabis.

The NZX ticker on the building downtown Supplied 19 OCT 2015 HBG 08Dec15 - COMPETITIVE: Lower than hoped customer numbers aren't helping, but Contact's cash flows are still good, an adviser says.

BUSINESS

KiwiSaver havoc: Did your savings take a hit?

4 Feb, 2019 4:51pm
4 minutes to read

Volatile markets took their toll on KiwiSaver in 2018.

The assets of Mahana Estate have been sold after the company went into receivership last year. Photo/Supplied.

BUSINESS

Mahana Estate winery assets snapped up after receivership

31 Jan, 2019 2:04pm
3 minutes to read

The assets of the failed Mahana Estatehave been sold.

Air NZ had downgraded its earnings forecasts for the year. Photo/Grant Bradley, NZ Herald.

BUSINESS

Is this the end of tourism's golden run?

31 Jan, 2019 5:00am
4 minutes to read

Air NZ's downgrade. Is this the end of tourism's golden run?

Air NZ chief executive Christopher Luxon. Photo/NZ Herald.

BUSINESS

Air NZ shares plummet, cost cutting looms at airline

30 Jan, 2019 9:47am
3 minutes to read

Air NZ says tough decisions lie ahead after cutting its earnings forecasts.

Financial Markets Authority chief executive Rob Everett, left, and Reserve Bank Governor Adrian Orr, at a news conference to release a report on the New Zealand life insurance sector. Photo/NZ Herald.

BUSINESS

Insurance sector needs total reform - Consumer NZ

30 Jan, 2019 5:00am
5 minutes to read

Consumer NZ wants to see reform of the New Zealand insurance sector.