Ayrburn owner Winton Land suffers profit drop
Luxury developer says downturn has been more severe and prolonged than expected.
AdvertisementAdvertise with NZME.
Latest fromMarkets
Stock Takes: Focus turns to second half after RBNZ rate cut
Focus has turned to those companies who will benefit from this week's RBNZ rate cut.
Market close: NZ shares down 1.2% as earnings season hits full swing
SkyCity Entertainment Group and Auckland International Airport help drag market down.
‘Customers have less money’ - SkyCity chief on downgrade of full-year profit
Casino company had to spend more money than anticipated in Australia, CEO says.
Market close: NZ sharemarket ends steady after RBNZ rate cut
NZ stocks ended slightly down with Fletcher Building outperforming after the OCR cut.
Reserve Bank on track for ‘more cuts sooner’ but reduces forecast for house prices
The RBNZ warned of uncertainty around US tariffs and geopolitical events.
Watch: Reserve Bank Governor speaks after OCR cut, major banks lower lending rates
The Reserve Bank is now offering a fresh take on where the economy is headed.
Fletcher Building's half-year loss climbs to $134m
Intense competitive forces, slowing of demand influence result.
Money-laundering rule changes could land NZ on undesirable grey list
Capital inflows could be at risk if anti-organised crime rule changes fail.
Economic shifts: Heartland’s $50m write-off versus Turners' profit boost
The S&P/NZX 50 Index closed at 13,051.12, down 17.81 points or 0.14%.
Liam Dann: Could Trumponomics ruin plans for a rate cut recovery?
Local food prices are rising again and US trade policy threatens to lift global inflation.
Market close: NZ shares rally as investors turn to OCR decision
The index finished the week ahead by nearly 0.7%.
Stock Takes: Will NZ corporate earnings offer green shoots for the economy?
The reporting season gets fully underway next week. Will there be green shoots?
Market close: NZ sharemarket flat as Skellerup produces record half-year earnings
And US inflation comes in hotter than forecasts had expected.
Market close: NZ sharemarket makes small loss
All eyes were on Contact Energy and Mercury.
Market close: NZ stocks make small gain as reporting season kicks off
Vulcan Steel kicked off the reporting season on a disappointing note.
Westpac picks record $10.30/kg milk price for 2024/25
Westpac said global dairy prices have generally held their ground.
Market Watch: Will Trump tariffs and Chinese kill the Wall St bull market
Business Editor-at-Large Liam Dann talks to Pie Funds CIO Mike Taylor about what to expect in global markets with Trump's tariff's looming and Chinese AI disrupting tech.
Market Watch: Share markets are rattled, but here’s why one fund manager remains optimistic
Liam Dann talks tariff turmoil with Pie Funds CIO Mike Taylor.
Market close: Manawa Energy shares sink on merger uncertainty
Trading was solid on the NZ sharemarket the day after the Waitangi public holiday.
Stock Takes: Why the NZ sharemarket is lagging the rest
There are some stark contrasts between the local index and other comparable markets.
Market close: NZ sharemarket dragged down by F&P Healthcare
The New Zealand sharemarket fell nearly 0.5% as unemployment figures increased.
Inside Economics: Trump’s trade war – counting the ways it could hit Kiwis in the back pocket
OPINION: Why do economists hate tariffs? And what will they do to your mortgage rate?
Market close: NZ stocks stage strong recovery on Trump tariff pause
The NZX index shook off yesterday's 1.42% fall.
Market close: F&P Healthcare shares plunge on Trump tariff news
The New Zealand sharemarket slumped to its biggest single-day-fall since December 19.
Market close: NZ stocks end the week on a positive note
The threat of Trump tariffs reared its head again for some businesses.
Stock Takes: Better times ahead for NZX-listed dairy companies?
Synlait is back in action after a terrible 2024, while trade tension overhangs FPH.
Market close: NZ stocks fall as Aussie counterparts hit new record
The New Zealand sharemarket posted its fourth decline in five trading days.
Where it all began: The origins of forestry, NZ’s third-largest export
Kaingaroa lies at the heart of New Zealand's forestry sector.
Market close: NZ sharemarket bounces back after DeepSeek shock
A late spurt helped the local index finish higher for the day.
Market close: Synlait share price recovery continues
Investors react warmly to improve earnings update.
Market close: Synlait shares surge on better-than-feared forecast
Dairy processor's good day wasn't enough to help the sharemarket into positive territory.