Latest from Companies

New house-building business couldn't survive downturn: $8.9m liabilities

KPMG will now go about realising assets in an attempt to repay company debts.

Directors are working longer hours with no increase to fees, research finds

Female directors were more likely to be in a lower-paid role.

NZME’s David Mackrell named CFO of the Year

Mackrell has led NZME through challenging economic conditions.

Meridian's southern hydro lakes are filling fast

Meridian's southern hydro lakes are in better shape after a dose of rain.

Liquidators appointed to investigate Waitonui Group

The company operates three large dairy farms - one in Taupō and two in North Otago.

Business failures surge as insolvencies hit eight-year quarterly high

'The scale of the increase has been significant', says BWA Insolvency's Bryan Williams.

Disinformation-fighting group Tohatoha disbands after losing funding

The group lost support from its main financial backer.

NZ Rural Land resumes dividends after profit boost

Revaluations have boosted NZ Rural Land's first half profit.

Vulcan slashes dividend after 55% profit plunge

Vulcan blames high interest rates and inflation for its sharp fall in earnings.

Air fare warning: Squeeze on transtasman competition bad news for Kiwis

Codeshare means capacity on Tasman will remain limited.

The reality of working in an understaffed supermarket

Woolworths staff went on strike earlier this month.

Chorus issues dividend forecast well above expectations, reveals strategy reset

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

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.

Steel & Tube full year net profit falls 85% to $2.6m

Steel & Tube expects conditions to improve in 2025.