'A huge relief': NZ stocks surge as US tariffs paused
Mainfreight rebounded $4.84 or 8.57% to $61.34, reaching a high of $62.50.
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Wattle Park developer liquidated: Kiwibank owed $3.6m, Inland Revenue $1.09m
Project completed in January 2022 but developer blames Covid and the downturn for debts.
Clarkes must front up to interview with PwC: High Court
Clarkes have so far refused to be interviewed by the receivers of many Du Val entities.
Property Insider: Fletcher’s $15m ‘mistake’, debate on granny flat law relaxation
What do people in the sector say about Fletcher Building closing its $15m plant?
‘Grim reaper cometh’: Major NZX plunge amid global market turmoil
The NZX 50 Index plummeted 3.68% to 11,775.88, its worst drop since March 2020.
‘Dream does not become reality’: Steve Evans on Clever Core failure
'Thanks to all who believed in it like me, worked in it, and supported it.'
‘Emerged from the shadows’: New Auckland brothel Dark Desire
Previous owners cited a downturn in trade as one of the reasons for business liquidation.
‘Rollercoaster day’: NZ stocks recover as US tariffs hit
The S&P/NZX 50 Index recovered to close at 12,338.57, up 0.15%.
Crane numbers down 15% nationally with sharper drop in Auckland
'This is not surprising given the ongoing issues in the market' - Steve Gracey of RLB.
Market close: NZX to take global centre stage following Trump tariff announcement
Reaction to policies will be visible on the NZX as it opens before other exchanges.
Housing glut: Auckland’s biggest agency has record unsold stock
Some Auckland vendors had begun to expect higher prices, REINZ said of February data.
Du Val saga: How were jewellery, artworks, firearms paid for?
PwC sought court orders for Clarkes to deliver assets or provide information about them.
‘Such big development potential’ - why Queenstown place went for $45.5m
'The price was big because the sale included so much flat land.' - local investor
Property Insider: Spooked by agency closures; developer retrenching; residents begin Amaia shift
People are alarmed by the JLL closures, asking what that says about the successful agency.
Market close: Good news trumps bad news for Auckland airport
Airport's share prices rises as its weighting on S&P index increases.
Woolworths wins consent for giant $213m land deal in Christchurch
Overseas Investment Office approval comes day after Govt announces supermarket crack-down.
Not so clever: Fletcher Building’s prefab house-building factory to shut
The $15m factory, which has 35 workers, will close by June 30.
Market close: Gentrack shares surge on speculation of major offshore contract
The company has not announced the contract but is advertising a new analyst role.
$135m distributed last year by iwi to members
Distributions paid have increased by around 35% in the last five years: Phil Barry, TDB.
Quitting Oracle to biggest software IPO ever
'This is an inflection point where there is complete uncertainty.'
Stock Takes: Has ethical investing lost its shine?
The change of Government in the United States has put ESG investing on the back foot.
Builders of Auckland’s abandoned 57-level Seascape tower win $33m claim
Judge: 'I order Shundi to pay the sum in the statutory demand within five working days.'
Market close: Prospect of US easing tariff plans injects some life into NZX
S&P/NZX 50 enjoys biggest single-day rise in four months.
Inside Seascape: New photos show state of abandoned Auckland apartment tower
Plywood in some areas has been damaged, report says replacement with steel is recommended.
$1b hub’s big payoff: NZ’s convention centre gears for economic impact
In a strong showing of early success, nine events have been announced for 15,500 people.
Market close: Spark lifts off 13-year low as NZX 50 grinds up
NZ market follows lead of the US.
Asset values up only $100m since 2022: New report on 10 biggest iwi
Most iwi had positive financial returns in 2024, an improvement on 2023: latest report
Woolworths property sales, Karangahape Rd plans; $1.1b Canadian moves: Property Insider
Woolworths stores in Te Atatū, Westgate and Mt Roskill have all sold recently.
Market close: Fonterra Fund breaks through $6 a share
A strong farm gate milk price and dividend has boosted the fund.
‘Helipad’ on plans but council says no chopper application sought
The word 'helipad' is on approved plans but the council says no landing rights are sought.
'Slow but complete breakdown': $9.8m real estate agency fight; Cooper company wins big award
Case revolved around protracted dispute between parties over branch established at Albany.
Market close: Blue-chip stocks back in favour as sharemarket rises
But the S&P/NZX 50 index remained down 1.25% for the week.
High-rise horror: Owners of wrecked upmarket apartments to walk away
'This really was a situation where the owners are salvaging what they could.'
Why 56-level $300m+ Seascape tower is abandoned for seven months
Court decision in November prohibited the builder from acting till the paperwork was done.