Latest from Companies

Mortgage war? Banks competing hard to win customers

Some rates have eased in anticipation of the Reserve Bank lowering the official cash rate.

$458m sale of Auckland’s Vero tower ditched: Year’s biggest property deal off

Skyscraper deal gets flushed after Hong Kong suitors don't progress.

ComCom to consult Australian regulators on impact of ANZ bond probe

Monopoly Watch director Tex Edwards calls for ComCom to delay its final banking report.

Five-day SkyCity casino closure dates out

Five days in a row and weekdays were always anticipated. No weekend shutdown.

London loses historical grip on global mining sector listings

Financial Times: New York, Toronto and Sydney have overtaken the UK capital.

Ryman reviewing new residents' fixed weekly fees: 'Quite a financial drag'

'The fixed fee has hurt us. No one expected rates to go up 15% per annum."

Rex airline’s Australian city routes ‘set up for failure’, says former regulator

Regional flights continue despite Rex axing city trips.

How a $448 million wind farm was nearly blown off course

From multiple cyclones to Covid lockdowns and cement gone wrong.

Banned director tried running new company while on home detention

Case is first known time a director in this position wasn't in jail or bankrupt, IRD says.

Meta to pay $1.4bn to settle Texas facial recognition complaint

FT: Facebook accused of gathering data from photos, videos without informed consent.

Richard Prebble: Why the Government should privatise SOEs

OPINION: The economy is too complex for any government to be able to pick winners.

Crushing 4% rental yield gap largest in 15 years – but many investors undeterred

'Rents are nowhere near enough to cover the mortgage for a typical debt-backed purchase.'

Easing of lending rules to make it quicker, but not necessarily easier to get loans

ANZ assures it will continue being a responsible lender.

Paper Plus breaches bank covenants, seeks capital raise

BNZ could not commit to a banking covenant waiver.

ANZ reverses house price forecast, expects 1% fall

Three aspects of house prices and interest rates have been revised in new research.

Lifeline for an icon: Smith & Caughey's may be saved

Under a new proposal, the retailer would have a smaller presence in Queen St building.