Latest from Companies

Meridian profit up, but a tough 2025 year looms

Meridian has lifted its earnings, but says dry conditions will make 2025 challenging.

KiwiSaver fund that has returned nearly 400%

KiwiSaver has seen remarkable growth this year, particularly in more aggressive funds.

BNZ predicts 7% increase in house prices by 2025 amid falling interest rates

Prices will be flat this year but increase 7% next year, bank economist says.

TSB fined $2.47m for charging ‘unreasonable’ fees

The Commerce Commission took legal action after TSB self-reported the issue.

Beam's e-scooter licence cancelled in Auckland, council refers matter to police

The e-scooters must be deactivated by midnight.

Property Insider: ‘Wind pressure’ on Seascape; Du Val estimated to owe $250m; new Ikea roof

Deputy Mayor Desley Simpson explains what steps the council will take on the skyscraper.

Government turns up heat on airlines; orders CAA fee-hike review

Airlines here may have to publish prices, as in some other countries.

Campervans versus cruise: One more speed bump for tourism company

Company had previously warned of hit to profit from slow vehicle sales.

Du Val collapse: Questions loom over loans, debt to IRD

Limited Partnership liquidation gives clues to statutory management complexity.

Chorus issues dividend forecast well above expectations, reveals strategy reset

The company has set a goal of being all-fibre by 2030.

Plant-based manufacturer Sustainable Foods goes into voluntary administration

Key investors in the manufacturer included All-Black TJ Perenara and media company Stuff.

Air New Zealand’s profit is picked to plunge – here's why

The airline has faced mounting financial pressure and the outlook is gloomy.

Hundreds of jobs on the line as Spark cuts $50m from wage bill

But it has big plans for more data centre investment.

NZ Shareholders' Association says Synlait deal a 'dead rat' for minorities

The Shareholders' Association says the Synlait recapitalisation plan will hit minorities.

Tourism Holdings ‘troubled’ result forecast; Forsyth Barr says investors need assuarance

Vehicle sales margins under pressure in Australia.

Soaring coffee prices force roasters to add lower-cost beans to blends

Financial Times: High-quality arabica, cheaper beans have both surged in recent months.