AI at work: productivity booster or job killer?
The stakes are high as the line between humans and machines blurs.
The concerns govt agencies raised about the Doshis’ ECE empire
Several official agencies were assessing the Rainbow Corner group before it collapsed.
Golf course for sale after resort development founders
Owner's circumstances have changed.
Callaghan Innovation turns to private capital after Science City cancelled
Investment needed to fun biotechnology facilities in Lower Hutt.
Business of Tech podcast: Stories of NZ's tech excellence and science hopes
Here's some good news from the tech industry.
Opinion: We have problems with how the govt does IT
To bring projects inhouse, we need competent teams and effective governance.
Ministry of Foreign Affairs and Trade a 'sitting duck' for cyberattacks
Experts worry after $33m cloud IT flop.
Synlait shareholder Bright Dairy ‘digging its heels in’ on Dunsandel plant
Chinese company sees plant as a pathway out of financial troubles.
NZ dollar takes flight as markets forecast rate cuts abroad
Investors bet the US Federal Reserve will cut rates before the end of the year.
CCHL chair appointed with 'urgency' after director revolt
The holding company controls more than $5 billion in assets.
NZDF's $182m IT upgrade beset by delays and challenges
Major upgrades yet to be delivered despite about $100m spend.
Company insolvencies up 30% on last year
Despite a drop in April, numbers for the year have climbed.
Christchurch bus funding doesn't exist, council says
A $78m commitment to public transport has come to naught.
Tech company Fingermark valued at nine-figures with US giant’s investment
Deep-pocketed support for fast-food software company.
Tiwai deal means a new challenge for electricity generators: build, build and build
Stability of 20-year deal wipes out excuses.
Synlait’s share price plummet prompts NZX waiver
Dairy company explains public holiday announcement.
Anzco Foods gets $28m compensation for M Bovis feedlot cull
The property is now clear of the disease but still subject to testing.
Peter Beck on his knighthood: 'A huge, humbling honour'
The apprentice who became a rocket scientist.
Business back in favour in coalition govt's list of gongs
It's a sharp contrast to last year.
Opinion: Before you say AI is a bubble....
It has been around for nigh on 100 years, Simon Robertson explains.
Fail file: Former All Blacks doctor John Mayhew
He speaks about failures and disappointment and what he has learned.
On the Money: The Budget, sushi and Ganesh Nana
Budget day isn't very glamorous but we got to eat some of the wokest sushi around.
Simon Robertson: Before you say AI is a bubble
AI hasn't just suddenly appeared; it's been around for nearly a century.
Fail File: John Mayhew, former All Blacks doctor, clinical director of AIA Insurance
'You lose a game, but there are more important things you have to deal with'.
Business asks: does the Budget match NZ's needs?
'Hope of better times ahead' as the government does what it said it would.
Port of Auckland gives guidance around price hikes
Peak access charges are set to go from $95 to $175 in 2026.
The Swiss concrete exec atop Fletcher Building
Nick Traber did 18 years with Swiss giant Holcim. Now he's leading Fletcher.
Property Queen Nikki Connors settles freezing order dispute
She lost name suppression on the matter on Thursday.
Drylandcarbon lawsuit to be bundled together
Warring shareholders succeed in proceeding counter application.
How to use AI to make smarter strategic decisions
In 18 months, we might be checking all strategic decisions with AI.
Cook Strait 'fiasco' troubles Mainfreight
Managing director Don Braid sees roads and rail as complementary modes.
Fonterra wasn’t expecting ‘strong’ consumer margins to hold up
The consumer channel’s gross margin for the quarter was 26.5%.
Education ministry breaches hundreds of people’s privacy
The mistake was revealed after BusinessDesk queried a dataset it had received.
Peter Griffin: Our woeful underinvestment in tech skills development
Govt needs to devote due attention and resources to domestic tech skills development.
Uncertainties and cost pressures underpin increasing electricity costs
ComCom allows a large increase in costs, but not as much as lines companies want to spend.
Market-orientation leading to ‘decline of the university as a cultural institution’
Academics had a litany of criticisms for the tertiary sector's direction of travel.
Fisher & Paykel boss gets $1m pay boost
Medical device maker nails result, and Lewis Gradon doubles discretionary remuneration.
Radius Care bucks industry trend, reinstates dividend
Operating cashflow grew 249% to $14.1m as revenues grew 17%.
Metroglass to address 'material uncertainties'
It expects to formalise a capital raise in the coming weeks.
Business of Government: putting the Budget under the spotlight,
Tomorrow's big event is all about the front line, according to the finance minister.
Gas sector at odds over closing wholesale market
Market only viable option for some gas users says regulator.
David Chaplin: Conduct re-reforms promise pain relief, FMA on steroids
The step-up in FMA power is certain to wind up the financial services industry.
EY gets 43% of terminated corrections contract fee
The contract was ended prematurely after EY faced fresh misconduct allegations.
Adithi Pandit: What will Budget 2024 reveal for social investment?
Everyone loves the idea of social investment – but it needs defining.
Bill English: It's about the people, not who owns the houses
Change at Kāinga Ora would diversify social housing and revive the privatisation debate.
Double or triple down: how AFT plans to win in China
AFT has added two manufacturing sites as it targets 700 million urban Chinese.
Arrears jump 10% on Co-op Bank's $3b mortgage book
That's despite a 40% fall in arrears post 90 days.
Higher farmgate milk price could put another $1b in rural economy
Fonterra is expected to announce its opening forecast this week.
Limits to city fringe growth no threat: Kiwi Property boss
Council plans to limit city fringe growth no threat to Drury East, Kiwi Property says.
Mfat budget exemption 'isn't acceptable' – Taxpayers' Union
PM Christopher Luxon said he is "very comfortable" with Mfat's savings.
Cameron Bagrie: What the budget will mean for inflation battle
A few boxes are yet to be ticked before the government can relax.
Worker sues NZTE in US over discrimination, loss of job
Complaint cites California law that protects carers of disabled relatives.
Alarm over Google changes, hope for AI deals
News publishers fear they will lose out from search changes, but see some rays of light.
F&P Healthcare FY25 guidance to be in the spotlight
Analysts are upbeat about FY25 revenue potential.
My Food Bag customer base stabilises
Jarden upgrades target price as customer demand stabilises.
Funds for Mfat cloud project allegedly misused
CIO resigns amid claims money used as a "slush fund" for other IT work.
Xero's Sukhinder Singh Cassidy reflects on her first year
Price changes boost revenue but Xero cops flak from Australian customers.
School lunch suppliers set to lose half their business
Schools and private suppliers employ about 3,000 staff.
VeVe lures Blackpink on to digital collectibles platform
Sign-ups have increased by up to 50 times since the announcement.
How to get AI to work for you and your business
Week 1 of the mini-MBA in AI to get your business ready for the future.
NZ can't double exports if farmers don't have banks' backing - Feds
The lobby group wants the Primary Production Select Committee to launch a formal inquiry.
Du Val sacks its own construction firm
Group terminates Du Val Construction's contract to build a 180-townhouse project.
Mixed fortunes for cinema chains
Hoyts boosts NZ profit as Reading Cinemas slumps to a $7.6m loss.
Dairy Goat Co-op looks to drop farmers' supply quota - again
It will go to a vote at a meeting in Hamilton on Friday, BusinessDesk understands.
Gentrack could be NZ's next billion-dollar business
Gentrack's shares have risen 630% since 2020 and it is now bigger than Briscoe Group.
Trade Winds: Trade Winds: FTA could boost offshore wind and clean energy investment
The EU FTA might help offshore wind, but more will be needed, Giacomo Caleffi argues.
Business of Tech podcast: 2degrees' CEO on keeping telco competitive
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Farmers may need convincing over Fonterra divestment plans
Its annual conference is being held in Auckland today.
Nelson property companies successfully sue former investment manager
A former director was irreconcilably conflicted, the judge says.
The profit-making social landlord: how it works
Profit-seeking landlords who pay tax can provide more social housing.
AI will supercharge datacentre growth: Infratil
Generative AI, robotics and automation are tailwinds for datacentre investments.
Universities flag $10 billion spend on buildings
They're teachers, but universities are also big builders.
The NZ dollar could gain traction if the RBNZ surprises on the hawkish side
The focus will be on the RBNZ's forecasts.
Battle for the heart of Fletcher
The Fletcher Building power struggle pitted board members against shareholders.
Miles Hurrell's phone has been ringing hot
The Fonterra chief executive spoke at the China Business Summit on Monday.
Paul McBeth: Keeping your KiwiSaver friends close
The FirstCape merger is a good time to ponder where financial services alliances lie.
Experts to review Scott Base plan
The panel includes former fraud office chief Adam Feeley.
Power politics centre-stage at China summit
Geopolitics and business all blended into one at the China business summit.
Many decisions ahead for Manawa Energy
There are good reasons why Manawa's profit fell so much.
Rebecca Stevenson: The Warehouse forced back to basics
While its rivals were fighting for customers, The Warehouse obsessed about itself.
Lord of the Rings return boosts screen sector
News that NZ is to become Middle-earth once again is welcomed by the film industry.
Dawn of the satellite age
Getting satellites moving around in space is a tall order that Dawn is set to fill.
Dileepa Fonseka: Fonterra's white flag over white gold
Fonterra waves the white flag in the national quest for 'value add'.
BlackRock yet to make investments from NZ climate fund
But the investment manager has appointed an Auckland-based managing director.
KiwiRail wanted to spend $345m from rail project on new ferries
Detailed design on the Marsden Point spur is meant to be done by mid-2025.
Simon Robertson: Jamming out of earnings season ...
Investing is actually pretty easy: try not to lose money, and compound your capital.
Shocking economic impact of workplace bullying revealed
Nearly one in three workers are affected by the costly problem.
Cameron Bagrie: The govt's productivity issue approach: tiger or tabby
Productivity growth turned negative in recent times, down 2.2% in the March 2023 year.
3M NZ reissues accounts after $21m expenses blooper
The accounts were filed at the NZ Companies Office on May 3.
Step by step guide: getting to grips with AI for your business
Learn strategies to advance your business using artificial intelligence.
'Game changer': Briscoe's $100m distribution centre
Centre is the largest capex investment in Briscoes' history, chair says
Developer with $20m debt loses high court battle
An unregistered lender comes out on top in the case against the developer.