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Drop in NZ dollar comes to rescue of NZ commodities. Picture/Sarah Ivey.

BUSINESS

Drop in NZD comes to rescue of export prices

23 Jul, 2018 5:00am
4 minutes to read

Lower Kiwi dollar comes to rescue of NZ's commodities prices.

Xero makes cloud-based accounting software. Photo / NZME

BUSINESS

Xero in alliance with US payrolls company

20 Jul, 2018 11:28am
2 minutes to read

Xero has formed an alliance with US payrolls company Gusto.

Amy Adams stars in the new Sky TV show, Sharp Objects. Photo / AP.

BUSINESS

Sky TV, Air NZ big losers from falling NZ dollar

20 Jul, 2018 5:00am
4 minutes to read

A weaker NZ dollar will create some winners and losers on the share market.

Farm prices fell in the June quarter, according to REINZ data.

BUSINESS

NZ dairy farm prices drop, M.bovis impact still unclear

19 Jul, 2018 10:37am
3 minutes to read

NZ dairy farm prices fell in June, according to REINZ data.

BUSINESS

FMA takes NZ insurers to task over poaching

18 Jul, 2018 1:00pm
4 minutes to read

The FMA has taken some insurers to talk over replacement business.

Bank profits fell over the last quarter by 11.35 per cent to $1.24 billion over the quarter. Picture / Michael Craig

BUSINESS

Profit drop: NZ banks end their golden run

18 Jul, 2018 5:00am
3 minutes to read

The string of strong quarterly bank NZ profits came to an end in Q1.

Sealegs has won a copyright case in the High Court. Picture/Hawke's Bay Today.

BUSINESS

A million dollars later: High Court rules in favour of Sealegs

16 Jul, 2018 5:00am
3 minutes to read

The High Court has found in favour of Sealegs in copyright case.

Incoming a2 Milk chief executive Jayne Hrdlicka. Photo / Supplied

BUSINESS

A2 Milk heads for record profit

12 Jul, 2018 6:02pm
3 minutes to read

A2 milk is heading towards a record result after reporting a sales lift.

Jayne Hrdlicka, a2 Milk's new chief executive. Picture/Supplied.

BUSINESS

a2 Milk shares open down despite upbeat sales

12 Jul, 2018 10:29am
2 minutes to read

A2 Milk said its revenue was running well ahead of last year's.

Markets are jittery over President Donald Trump's plans to slap more tarrifs on Chinese imports to the US. Photo / AP

BUSINESS

Kiwi dollar caught in the US-China trade crossfire

11 Jul, 2018 5:38pm
4 minutes to read

NZ, Aussie dollars caught in the crossfire as US-China trade tensions worsen.

Top executive insists the company is doing well in the region despite negativity over Beingmate's $230m loss.

BUSINESS

Fonterra is 'humming' in Greater China

11 Jul, 2018 5:00am
4 minutes to read

Fonterra says its business in China is "humming".

Mengniu chief executive, Lu Minfang. Picture/NZ Herald.

BUSINESS

Chinese dairy giant eyes expansion in NZ

8 Jul, 2018 1:00pm
4 minutes to read

China's Mengniu is looking at expanding its plant at Pokeno.

Ebos earned an upgrade from Morningstar analyst Chris Kallos after unexpectedly won a distribution deal from Australia's Chemist Warehouse. Photo / Aimee Shaw

BUSINESS

Stock Takes: Confession time for NZX stocks

6 Jul, 2018 5:00am
4 minutes to read

It's coming up to confession time for NZX-listed companies with June balance dates.

The result kiwifruit growers' legal claim against MPI was released today. Picture/Supplied.

BUSINESS

Kiwifruit growers hail High Court win

29 Jun, 2018 11:40am
4 minutes to read

The court said a duty of care was owed to kiwifruit growers.

Reserve Bank Governor Adrian Orr. Picture/NZ Herald.

BUSINESS

Reserve Bank takes on more cautious stance

28 Jun, 2018 3:11pm
4 minutes to read

Reserve Bank looks to be taking on a more cautious stance - economists.

BUSINESS

RBNZ keeps rates on hold at 1.75 pct

27 Jun, 2018 5:13pm
3 minutes to read

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

Reserve Bank Governor Adrian Orr. Photo / File

BUSINESS

Gloomy ANZ survey clouds NZ outlook

27 Jun, 2018 4:18pm
4 minutes to read

ANZ's latest Business Survey paints a gloomy economic outlook.

Reserve Bank deputy governor Geoff Bascand. Photo / File

BUSINESS

Reserve Bank looks to digital currency future

27 Jun, 2018 5:00am
4 minutes to read

The Reserve Bank has looked at offering a digital currency.

Under the management of chief executive Xavier Simonet Kathmandu has been discounting less, selling more products at full price and achieving a higher average selling price. Photo / Supplied

BUSINESS

Kathmandu survives Amazon onslaught with earnings lift

25 Jun, 2018 6:08pm
3 minutes to read

Kathmandu expects to see a bit lift in its annual net profit.

BUSINESS

NZ primary sector wary of world trade wars

24 Jun, 2018 4:30pm
4 minutes to read

The primary sector its jumpy over the prospect of escalating trade protectionism.

Heavy machinery financier UDC has reported a strong first half result. Photo / Supplied

BUSINESS

ANZ's UDC posts 8% lift in first half profit

21 Jun, 2018 2:29pm
2 minutes to read

Listing candidate UDC has posted an 8 per cent lift in first half profit.

Mexico is looking at exporting avocado to NZ and Australia. Picture/Supplied.

BUSINESS

Tired of high avocado prices? Mexico could offer respite

20 Jun, 2018 11:42am
4 minutes to read

Mexico is looking at exporting avocados to NZ and Australia.

PushPay's technology allows churchgoers to make donations over their mobile phones.

BUSINESS

PushPay rows back on US listing plans

19 Jun, 2018 4:48pm
3 minutes to read

NZX-listed PushPay has rowed back on its plans to list in the US.

It was a tough season for dairy in parts of the Taranaki. Picture/NZ Herald.

BUSINESS

NZ dairy production ends season steady, despite weather

19 Jun, 2018 10:46am
2 minutes to read

Dairy production over 2017/18 dairy season was steady, despite the weather.

A 10% capital gains levy would shave property costs and boost home ownership, says Westpac economist. Photo / Doug Sherring

BUSINESS

Capital gains tax 'would slash 10pc off house prices'

19 Jun, 2018 6:00am
4 minutes to read

A capital gains tax would increase levels of NZ home ownership,says Westpac economist.

Fonterra chairman John Wilson. Picture/NZ Herald.

BUSINESS

Former Fonterra chairman backs John Wilson

14 Jun, 2018 7:59pm
2 minutes to read

Sir Henry van der Heyden says John Wilson has done a good job.

Movie Director Francois Truffaut filming The Wild Child on August 15, 1969 in Paris, France. Photo / Getty Images

BUSINESS

French cinema chain signs with Vista

12 Jun, 2018 5:27pm
2 minutes to read

A major French cinema chain has signed with NZ's Vista.

Rob Mercer, Forsyth Barr's head of private wealth research, doubts the market is pricing in the likely effects of rapid changes in technology. Photo / Richard Robinson

BUSINESS

Kiwi sharemarket 'overvalued, rally hard to justify'

10 Jun, 2018 4:19pm
4 minutes to read

Minimal change to forecasts make rally hard to justify.

Shares are running hot despite signs of cooling economy. Photo / NZME.

BUSINESS

NZ shares run hot despite signs of cooling economy

8 Jun, 2018 5:00am
4 minutes to read

The share market roars ahead, despite signs of a cooling economy.

At issue was the position of the rural urban boundary near the Okura Estuary - a controversy that has been running since 2003. Photo / Glenn Jeffrey

BUSINESS

Environment Court rejects $1.4b 1000-house project

6 Jun, 2018 8:35pm
4 minutes to read

The Environment Court has ruled against the Okura housing project.

Some farmers will take years to rebuild their dairy herds after the cull of cows that have been exposed to Mycoplasma bovis. Picture / Otago Daily Times

BUSINESS

Some farmers could be back in business in months - Dairy NZ

31 May, 2018 12:35pm
3 minutes to read

Some M. bovis hit farmers could be back in business within months.

ANZ's New Zealand chief executive David Hisco. Picture/NZ Herald.

BUSINESS

ANZ NZ sells OnePath to Cigna

30 May, 2018 2:07pm
2 minutes to read

ANZ NZ sells OnePath to Cigna for $700mln

MPI will be up against attitude problems from some dairy farmers. Photo / NZ Herald

BUSINESS

MPI will be up against bad attitude on M.Bovis

29 May, 2018 10:55am
3 minutes to read

MPI will be up against a bad attitude from some farmers over M. bovis.

BUSINESS

Government to try eradicating cow disease

28 May, 2018 4:00pm
6 minutes to read

150,000 + cattle will be culled in a world-first bid to eradicate Mycloplasma bovis.

BUSINESS

Former Fonterra director calls for Wilson to resign

25 May, 2018 4:20pm
4 minutes to read

A former director of Fonterra has called on chairman John Wilson to resign.

Construction-related companies have disappointed during the building boom. Photo / NZ Herald.

BUSINESS

NZ construction and the trifecta of despair

25 May, 2018 5:00am
4 minutes to read

NZ building materials companies have disappointed, in the wake of a building boom.

Fonterra has increased the milk price for the current season to $6.75/kg from $6.55/kg and now expects to be outside its target end-of-year gearing range of 40 per cent to 45 per cent. Photo / NZME

BUSINESS

S&P: Fonterra's credit rating ok, for now

25 May, 2018 5:00am
2 minutes to read

Dairy giant has limited financial headroom within the current rating.

Fonterra chairman John Wilson. Picture/Dean Purcel, NZ Herald.

BUSINESS

Fonterra turns bullish over milk price

23 May, 2018 6:37pm
4 minutes to read

Fonterra is surprisingly upbeat about the milk price prospects for 2018/19.

Westland Milk chief executive Toni Brendish. Picture/Dean Purcell, NZ Herald.

BUSINESS

Westland Milk runs A2 milk pilot study

22 May, 2018 5:11pm
2 minutes to read

Westland Milk trial of A2 milk nears an end.

Comvita chief executive Scott Coulter. Picture/Hawke's Bay Today.

BUSINESS

Comvita share price dives after sale falls through

21 May, 2018 6:32pm
2 minutes to read

Comvita share prices suffers after deal falls through.

Exports are set to get a boost from a weak NZ dollar. Picture/Hawke's Bay Today.

BUSINESS

Falling dollar good news for exporters

21 May, 2018 5:00am
4 minutes to read

The NZ dollar has slumped by about 7 per cent in just one month.

Federated Farmers dairy chair Chris Lewis. Picture/Supplied.

BUSINESS

Budget 2018: Spending on cattle disease may be too low

17 May, 2018 6:14pm
2 minutes to read

The $85m set aside for tackling Mycoplasma bovis could be too little.

A2 Milk managing director and chief executive Geoff Babidge at last year's annual meeting. Picture/NZ Herald.

BUSINESS

A2 Milk's shares dumped despite big sales lift

16 May, 2018 8:31pm
4 minutes to read

a2 Milk's share price has taken a pounding despite strong sales data.

A2 Milk managing director and chief executive Geoff Babidge. Picture/Supplied.

BUSINESS

A2 Milk's share price crashes, drags down entire market

16 May, 2018 9:06am
2 minutes to read

A2 Milk's share price fell more than 20 percent, pulling down the market with it.

The outbreak of cow disease Mycoplasma bovis was first reported in July last year.

BUSINESS

Cow disease 'risk on the radar' for economy

15 May, 2018 9:12pm
4 minutes to read

Decision looms on whether to continue with attempts at eradication.

Geoff Babidge, managing director and CEO of a2 Milk. Picture/NZ Herald.

BUSINESS

Nestle won't dent a2's China prospects

14 May, 2018 5:00am
3 minutes to read

Nestle's move into China will not hurt a2 Milk's prospects, according to an analyst.

NZ milk prices are expected to remain firm in 2018/19. Photo / Duncan Brown

BUSINESS

Farmers eye third year of strong dairy prices

14 May, 2018 5:00am
4 minutes to read

NZ economists expect next season's dairy prices to remain firm.

Tourism Holdings chief executive Grant Webster should be happy with trading yesterday at $6.11, up from $3.72 this time last year. Photo / Brett Phibbs

BUSINESS

NZ market still firing despite high US bond yield

11 May, 2018 5:00am
4 minutes to read

The share market has managed to withstand big move in the US-10 year bond market.

Trader Eric Schumacher gets busy on the floor of the New York Stock Exchange. Photo / AP

BUSINESS

What happens when Wall St sneezes?

13 Apr, 2018 6:00am
4 minutes to read

Markets are not so sensitive to Wall Street's gyrations.

A report in Argentina said Fonterra had been outbid by Adecoagro for SanCor. Fonterra initially offered US$330 million, but Adecoagro offered US$400m. Picture / Getty Images

BUSINESS

Fonterra beaten in race to buy Argentinian dairy co-op

10 Apr, 2018 7:01pm
3 minutes to read

Argentina's dairy co-op SanCor has been sold to a local buyer.

Sheep milking at Waikino Station. Photo / Supplied

BUSINESS

Is this dairy's new thing - milking sheep

7 Apr, 2018 5:00am
6 minutes to read

Farmers are looking to sheep milking as a way of getting around environmental constraints.

The Ministry of Social Development has declared a seasonal labour shortage in the Tasman region amid a bumper season for pipfruit. Picture / NZME

BUSINESS

Govt declares labour shortage in Tasman amid bumper pipfruit season

5 Apr, 2018 3:22pm
2 minutes to read

The Tasman areas has been hit by a labour shortage.

A2 milk says its competitors face an uphill battle. Picture/Bloomberg.

BUSINESS

A2 Milk's competitors face up hill battle

4 Apr, 2018 5:00am
3 minutes to read

A2's competitors face an uphill battle, according to analysts.

A2 Milk's infant formula on sale in China. Picture/Bloomberg.

BUSINESS

A2 Milk shares rebound despite Nestle threat

3 Apr, 2018 11:07am
3 minutes to read

The Kiwi company its suite of patents and IP continue to give it an advantage.

The days of The a2 milk Company enjoying first-mover advantage with its A2 beta protein milk products are drawing to a close. Picture / Getty Images

BUSINESS

A2 Milk's strong run threatened by rivals in China

30 Mar, 2018 7:30pm
4 minutes to read

Nestle had launched an A2 beta protein infant formula in the lucrative Chinese market.

A2 Milk is popular in China. Photo / Bloomberg.

BUSINESS

A2 Milk shares still soft after Nestle news

29 Mar, 2018 3:03pm
4 minutes to read

A2 Milk's shares have continued to slide.

TPG's sale of 55 million Ingham shares this month was easily digested by the market. Photo / Getty Images

BUSINESS

Stock Takes: Inghams selldown sizzles

29 Mar, 2018 6:00am
3 minutes to read

Tegel has not performed as expected, says analyst.

Inghams has consistently traded above its issue price but Tegel, which debuted at $1.69, has struggled to perform and closed on Wednesday at 81 cents. Picture / Getty.

BUSINESS

Stock takes - When will Affinity sell out of Tegel?

29 Mar, 2018 5:00am
3 minutes to read

When will Affinity sell out of Tegel Chicken.

A2 Milk's infant formula sales to China have taken off, and largely drove a 150 per cent lift in the company's earnings over its first-half financial result. Picture / Getty Images

BUSINESS

A2 shares tumble after Nestle launches competing product

28 Mar, 2018 9:07pm
2 minutes to read

A2 shares fell sharply after Nestle announced it is launching a competing product.

BUSINESS

a2 Milk faces massive competition as Nestle launches in China

28 Mar, 2018 11:54am
3 minutes to read

World food group Nestle has launched a a2 brand of infant formula.

More than 20,000 cattle will be culled in a bid to stem the spread of the disease Mycoplasma bovis. Picture / Brett Phibbs

BUSINESS

Backing for plan to slaughter 20,000 cattle to stop disease

26 Mar, 2018 8:03pm
4 minutes to read

Ministry is still no closer to finding out where the disease came from.

Fonterra chief executive Theo Spierings acknowledges Fonterra had been slow to recognise the value in a2 Milk.. Photo / Jason Oxenham

BUSINESS

Spierings' hits and misses for Fonterra

24 Mar, 2018 5:00am
3 minutes to read

Outgoing chief executive points to turnaround in Australia and Europe.