Latest from Companies

'Stabilising investment property market' - giant landlord Precinct reports result

Company is progressing further growth in the apartment sector.

Synlait co-founder John Penno lodges complaint over recapitalisation plan

Former chairman John Penno has pushed back on Synlait's recapitalisation plan.

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.

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

Codeshare means capacity on Tasman will remain limited.

Cambodian baker migrants fail to get order to stop BNZ selling Auckland home

BNZ became concerned that it made the loan based on false information presented to it.

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.