Latest from Companies

Elon Musk's Starlink internet proves value in cyclone-struck regions

Despite chaos, some Starlink users reporting stable connections.

ASB's half-year profit up 10% to $840m

Higher loan growth drove the increase.

Inflation corroding Steel & Tube margins

Record revenue but inflation an irritant for Steel & Tube.

It is possible to hate your job but love your work

Financial Times: The modern economy has generated vast numbers of pointless jobs,

SkyCity Entertainment Group turnaround: Profit up 167%

Especially strong Auckland hospitality and gaming machine operations were noted.

Cyclone Gabrielle: Flights through Auckland Airport resume

After a stuttering start, services are being restored but some cancellations persist.

Cyclone Gabrielle: Inside Air NZ’s recovery airlift for 35,000

Airline customer chief urges patience and says contact centre boosted.

House price drop coincides with crippling mortgage rates

Anne Gibson analyses latest house price data, mortgage rates and Fletcher downgrade.

Mainfreight boss helps son's Chicago shift as USA becomes big priority

Son moves continents, turning round Americas division a big focus for Mainfreight.

Contact sees earnings jump after 'tough' first half

Contact Energy had a tough first half but sees an earnings jump in 2025.

Redcurrent homeware retailer calls in liquidators

Retailer which went on Covid rent strike placed in liquidation after 25 years in business.

IAG net profit up 170pc, economic conditions 'challenging'

'Largely due to the expected higher natural perils costs from the Auckland flood event.'

Fletcher Building still feeling the heat after SkyCity inferno

Residential markets here and in Australia expected to soften.

Result preview: Fletcher Building on track despite NZICC repair costs

NZICC to be classified as a significant item in company’s half-year result.

‘It’s like trying to thread a needle’: Air NZ boss on cyclone-forced flight cancellations

Scores of flights cancelled but some long-haul flights still getting into Auckland.

What Big Oil’s bumper profits mean for the energy transition

Financial Times: Few expected the supermajors to help drive decarbonisation.

Receiver of Moola’s parent company expects sale of assets this month

If there isn't enough money to cover debt legal action may be considered.

Unfinished $85m Onehunga apartments draw buyer

'The purchaser is undertaking due diligence at present,' the project manager said.