NZSA says it prefers entitlement offers, as airport looks to maintain its credit rating amid capex spend-up.
The Government should have created a new kind of worker status for the gig economy - the dependent contractor - some say.
Days after NBR’s positive procurement feature story highlighted the impact and benefit the initiative was having on Māori businesses and their communities, the coalition Government scrapped it.
Employment lawyer outlines what employees can do when they’re owed money from an ERA finding but the company goes under.
Kiwi businessman Andrew Griffiths, meanwhile, continues to take legal action in the fallout.
A steel fabrication company, with strong links to the Chinese steel supplier on Christchurch’s $683m stadium, is the second contractor on the project to be liquidated.
Non-binding indicative offer proposal from Being AI doesn’t have a cash-only component, SDL notes.
Syndicate of eight banks agree new one-year loan facilities, conditional on forthcoming equity raise.
The industry says it has been lobbying the Government on the issue for years with no effect.
‘This is a wake-up call about the opportunity’: Dodd-Walls Centre director Fred Vanholsbeeck.
Report shows almost 90,000 units at build or planning stage across country’s top 200 builders, as market holds out for a delayed recovery.
With about 85% of business export-based and selling into 160 countries globally, CEO says that being removed from its export markets means Gallagher has to focus on ‘being the world’s best’.
ANALYSIS: AirTrunk’s A$25b sale to Blackstone has had some halo effect for CDC part-owner Infratil’s stock, but how much of it is justified?
ANALYSIS: How to invest to make a difference without getting robbed by the finance sector: donate to organisations supporting environmental issues.
‘Sapiens’ author paints big picture of contrasting futures.
DLA Piper international co-lead for sustainability disclosure, reporting, and marketing Daniel Street says to just be transparent about company goals and actions.
Move seen as acknowledgement of sector’s value, although many minerals on the list have no known NZ production potential.
UN-backed Principles for Responsible Investment’s collective action climate campaign has been targeted by US lawmakers.
A six-month trial has been conducted in the Bay of Plenty after two similar applications got called in by the Government at resource consent stage.
NZX and ASX-listed airport company needs fund to pay for integrated terminal build, to be led by Hawkins.
The investment comes ahead of a planned $10m-$15m capital raise to help reduce debt.
Being AI’s share price has fallen on the news, while Solution Dynamics has gone into a trading halt.
Food prices rise in year to August, while consumers swipe and spend more after tax and OCR cuts.
Stats NZ data today shows a provisional net migration gain of 67,200 in the year to July, while economists pencil in negative June quarter.
Also, Nikko Asset Management comments on monetary policy’s market impact.
WATCH: And why it’s not just about ticking boxes.
ANALYSIS: ‘The passing of our king is very, very sad, but it’s actually letting the world know more about who we are as a people.’
ANALYSIS: His reign marked a period of significant cultural resurgence and socio-economic advancement for the Māori people.
Critics say they understand need for flexibility but too many details being left to regulations.
ACC will still face a funding shortfall even with the proposed increases; public consultation on levy rates before Government decision.
Report criticises hierarchical nature of its management.
City Council to consider decision on selling lines company Aurora Energy later this month.
Potholes and corrugation, a common theme across New Zealand’s roads, could come down to putting the right mix of bitumen in the right area.
Former minister James Shaw joins BlackRock, Westpac, and NZGIF on Climate Change and Business Conference panel.
Miller takes over from Peter King, who was intended to be an interim chief but lasted five years in the top job
Similar action has been initiated in the New Zealand High Court.
Fortescue was an early-stage investor in Christchurch-based Fabrum.
NBR joins the 2024 Vanguard Programme cohort for seven days around San Francisco and Silicon Valley.
NBR understands the deal is worth more than A$50 million.
Minister Judith Collins announced the new ChatGPT-driven tech at today's Aotearoa AI Summit.
LISTEN: Following the crucial US Presidential debate, NBR’s Back in Business podcast examines what Donald Trump’s and Kamala Harris’s trade policies could mean for New Zealand.
LISTEN: The next episode of NBR’s podcast features Air NZ CEO Greg Foran on airfare criticisms, why $1b of planes are grounded, and hiking fees for tourists.
LISTEN: The next episode of NBR’s podcast examines the implications of the Court of Appeal’s ruling that Uber drivers are employees, not contractors.
But fund faces risks in the years ahead.
Investment offer obtained by NBR says latest capital raise on the same terms as 2021 Series C round.
The ‘Magnificent Seven’ were behind much of the increase.
The FMA should continue looking under the covers for ‘conspiracy’, but biggest minority shareholder says let us get on and run the Du Val Property business.
‘Minority shareholders’ threaten litigation against government if the stricken property group isn’t removed from statutory management.
Serious Fraud Office says case undermines the integrity of our business sector and erodes public confidence.
National law firm is eyeing further growth but has no aspiration to be one of country’s ‘mega firms’.
NZ chief executive Jason Doherty says changing customer needs demanded it ‘fundamentally reshape’ consulting business.
Glaister Ennor and Keegan Alexander will have 16 partners and more than 80 staff from December 1.
High energy prices an unsustainable cost for Karioi pulp mill and Tangiwai sawmill, says CEO.
Richard Burke will leave at the end of this year after more than 30 years with the produce business.
Some Synlait farmers said to be determined to switch.
The group’s five retail brands will go through a ‘fix and reposition’ exercise.
A local jeweller will rise out of the ashes of liquidation.
The Commerce Commission wants to discuss the ‘level of penalties’ under the Fair Trading Act.
Report highlights bricks and mortar as country’s biggest economic contributor, although makes up only 3.3% of KiwiSaver retirement savings portfolio.
The firm’s first foray into industrial property has paid dividends, as developers snap up $130m worth of development land.
NBR understands the bank will roll over its loan in the Du Val build-to-rent fund, with the proviso that Du Val is no longer involved in any capacity.
Government financier says it was aware of Commerce Commission warning and consumer complaints over related solar energy company.
About half the raise goes to early investors and the rest on boosting AI within the company’s software.
Tim Brown, Winston Reid and Noah Hickey join Anna Mowbray and Ali Williams aboard billionaire Bill Foley’s sporting bandwagon.
ANALYSIS: The biggest infrastructure challenge is about generating revenue streams, the Infrastructure Commission says.
Joint ownership by three fuel companies seen as stumbling block to critical storage investment.
But piecemeal and one-off projects are an ‘extraordinarily’ expensive, inefficient way to build infrastructure, outgoing CRL boss says.
LeaderBrand is hosting a three-year regenerative farming trial along with Woolworths and Plant & Food Research.
The Gibbonses are changing the face of Nelson with a series of large industrial, commercial, and retail developments.
Egan family embraces a strong family culture and team spirit. The Greenlea Foundation Trust is principal sponsor of Taupō’s Greenlea Rescue Helicopter. They also support a range of causes with a focus on education, poverty, and faith values.
Carry On: Boeing’s new model, Sweden axes travel tax, ‘nose heavy’ A330-300s.
Carry On: Koala set for takeoff, Emirates’ All Black flypast, C919 deliveries.
Carry On: Trans-Tasman codeshare, visa-free Sri Lanka, new routes.
Former Channel Infrastructure CEO will take the reins at the listed retirement village developer, after the previous CEO left abruptly in April.
After nearly 30 years Peter Nation will finish up on December 20 this year.
Lance Jones has joined Anthony Harper as a partner in the corporate and commercial team.