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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.

FMA chief executive Rob Everett (left) and Reserve Bank Governor Adrian Orr. Photo/NZ Herald.

BUSINESS

Damning life insurance report: Companies choose profit over people

29 Jan, 2019 1:00pm
7 minutes to read

Report lays bare NZ insurance sector culture and conduct.

A window is set to open on how the economy is performing when companies start reporting their six month results. Photo / File

BUSINESS

Company results to shine light on economy

24 Jan, 2019 7:00pm
4 minutes to read

A window on the economy is set to open with the start of the reporting season.

The NZX and the FMA have launched a review into the capital markets/ Photo/File.

BUSINESS

Stearne heads capital markets review to breathe life into sharemarket

24 Jan, 2019 9:30am
4 minutes to read

The NZX has been struggling to attract listings.

The Westland Milk factory in Hokitika. Photo supplied

BUSINESS

Canada's Saputo interested in Westland Milk

23 Jan, 2019 10:18am
2 minutes to read

Canada's Saputo is interested in Westland Milk.

The current manuka honey season is shaping up to be a mixed bag. Photo/Hawke's Bay Today.

BUSINESS

NZ manuka honey season a mixed bag so far

23 Jan, 2019 5:00am
3 minutes to read

Conditions for manuka honey production so far this season have been mixed.

Tighter NZ bank rules could drive interest rates higher, UBS says. Photo/Getty Images.

BUSINESS

Risk of mortgage rates hike, warns UBS

17 Jan, 2019 5:00pm
3 minutes to read

Tighter NZ banking rules could drive mortgage rates up, according to UBS.

Listed retirement village stocks are feeling the brunt on a cooling property market. Photo/Aerial Vision.

BUSINESS

Retirement village stock prices take a hit

16 Jan, 2019 5:00am
3 minutes to read

Retirement village stocks are feeling the brunt of weakness in house prices.

The New Zealand share market faces regulatory risk this year, particularly the rules covering fibre network pricing.

BUSINESS

NZ markets face regulatory risks in 2019

13 Jan, 2019 1:48pm
4 minutes to read

New Zealand markets are facing regulatory risk this year.

SFO chief executive Julie Read. Photo / File

BUSINESS

SFO advises Provincial Growth Funds on avoiding scams

10 Jan, 2019 5:47pm
3 minutes to read

The SFO has advised the Provincial Growth Fund on how to avoid scams.

Equity markets will likely continue to exhibit a higher level of volatility after what has been a strong run over the last three years, fund managers said. Photo / file

BUSINESS

Investors buckle in for a wild ride in 2019

8 Jan, 2019 5:22pm
4 minutes to read

Sharemarket investors are buckled in for a wild ride over 2019.

Merger and acqusitions, such as the planned takeover of Trade Me, looks set to strip about $3.5 billion in value from the NZ sharemarket this year. Photo/Supplied.

BUSINESS

How $3.5b will be stripped from from our sharemarket this year

7 Jan, 2019 5:01am
5 minutes to read

Mergers and acquisitions ares set to strip $3.5b from NZX.

The NZX has been at the mercy of Wall Street volatility for the latter part of the year. Photo/Getty Images.

BUSINESS

NZ stocks slip while Wall St suffers another rout

4 Jan, 2019 2:11pm
4 minutes to read

NZ stocks have largely held, despite big falls on Wall St.

Kathmandu chief executive Xavier Simonet. Photo/Supplied.

BUSINESS

Kathmandu shares drop after disappointing Christmas

3 Jan, 2019 10:47am
2 minutes to read

Kathmandu said its sales over Christmas were disappointing.

Dairy prices are off to a strong start for 2019. Photo/Rotorua Daily Post.

BUSINESS

Dairy prices off to strong start in 2019

3 Jan, 2019 10:04am
2 minutes to read

Dairy prices have started 2019 on a strong note.

A2 Milk was one of the sharemarket's over performers inr 2018. Photo/NZ Herald.

BUSINESS

NZ sharemarket's successes and epic fails for 2018

29 Dec, 2018 7:30am
8 minutes to read

NZ share market's unders and overs for 2018.

Mercury chief executive Fraser Whineray. Photo / NZ Herald

BUSINESS

Private equity strikes again with $270m Mercury metering deal

17 Dec, 2018 5:38pm
3 minutes to read

Private equity has struck again with a $270m deal to buy Mercury's metering business.

The bid for Restaurant Brands, which has the KFC fanchise in New Zealand, looks like becoming a done deal. Photo / File

BUSINESS

Mexican bid for Restaurant Brands looking like a done deal

11 Dec, 2018 4:05pm
4 minutes to read

Finaccess Capital's bid for Restaurant Brands is looking like a done deal.

Similar systems are used in the US and Europe. Photo/Getty Images.

BUSINESS

Fonterra plans fixed milk price option for farmers

11 Dec, 2018 11:00am
3 minutes to read

Fonterra plans to introduce a fixed milk price for its farmers.

Shareholders are being cautioned to keep an eye out for how CEOs report their salaries. Photo/Getty Images.

BUSINESS

The creative accounting NZ CEOs use to justify high pay

11 Dec, 2018 9:05am
4 minutes to read

A study has found that NZ CEOs are using non standard accounting methods.