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Despite success with the Ōmarino subdivision, Craig Heatley failed in a bid to fast-track the development of a 200 to 250-berth marina there in partnership with Hopper Developments.

Rich List 2025

Featured Rich Lister: Craig Heatley

Despite success with the Ōmarino subdivision, Craig Heatley failed in a bid to fast-track the development of a 200 to 250-berth marina there in partnership with Hopper Developments.

Infrastructure

‘Surgical and targeted’: Watts promises electricity reform

The Energy Minister says the Government will be measured by what it does, not what it says.

Infrastructure

‘Surgical and targeted’: Watts promises electricity reform

The Energy Minister says the Government will be measured by what it does, not what it says.

General Business

Caveat vendor

The dangerous dreams of John Denize, part 3: When it comes to avoiding commercial hazards, the message for businesses looking to sell is ‘do your own due diligence’.

General Business

Caveat vendor

The dangerous dreams of John Denize, part 3: When it comes to avoiding commercial hazards, the message for businesses looking to sell is ‘do your own due diligence’.

Analysis

Edwards on Politics

Era of Wellbeing Budgets is over

ANALYSIS: Grant Robertson’s legacy is being demolished amid a return to economic orthodoxy.

Brent Edwards Thu, 07 Aug 2025

Underarm

Cyber crime and warfare is the new Cold War

ANALYSIS: The FBI has opened its first office in New Zealand as cyber warfare ramps up around the world.

Lachlan Colquhoun Wed, 06 Aug 2025

Margin Call

Technology, competition and risk are reshaping Australian banking

ANALYSIS: The sector’s broader trajectory is that digitisation is no longer a differentiator but a baseline requirement.

Andrew Bascand Tue, 05 Aug 2025

Shoeshine

Rocket Lab’s space rodeo has investors making big bucks

ANALYSIS: With regular Electron launches and strong satellite orders, Sir Peter Beck is now riding Neutron hard, but to what end?

Will Mace Mon, 04 Aug 2025

Investment

NZSA seeks to amend Rakon's constitution, remove Robinson

The shareholders' association has added three amendments to the agenda for the Rakon's upcoming AGM.

Nicholas Pointon Fri, 08 Aug 2025

Radius Care wants to monetise its operating model

The company, which boosted its half-year guidance this morning, wants to turn its RadPro system into a platform it can market to other aged care operators.

Nicholas Pointon Thu, 07 Aug 2025

Waiting for Jayne at ASX-listed Endeavour

The company’s share price is in the doldrums, but analysts see new hope in the arrival of Jayne Hrdlicka.

Lachlan Colquhoun Thu, 07 Aug 2025

Economics

Rural more confident than urban: Chambers of Commerce

Inaugural survey highlights a two-tier economy, with economic optimism continuing to put the South Island ahead.

Jonathan Mitchell Thu, 07 Aug 2025

Unemployment ticks up to 5.2%, cements August rate cut

Economists expected the rate for the June quarter to be even worse.

Jonathan Mitchell Wed, 06 Aug 2025

Global recession no longer anticipated: HSBC

Bank's senior economists suggest Trump is pleased with tariff deals, and there'll be more rate cuts as countries navigate inflation and tariffs.

Jonathan Mitchell Wed, 06 Aug 2025

Politics

Complex product labelling rules to be reviewed

The costs get passed on to consumers, said David Seymour, as he announced the Ministry of Regulation's next target.

NBR Staff Thu, 07 Aug 2025

Greenpeace asks whether foreign investment bill puts NZ first

The New Zealand Initiative believes it is a missed opportunity for comprehensive reform.

Brent Edwards Tue, 05 Aug 2025

Select committee considers wellbeing and orthodox economics

Marilyn Waring says orthodox economics is ‘absolutely riddled with ideology’.

Brent Edwards Mon, 04 Aug 2025

Te Ao Māori

Mint and iwi ink $100m renewable energy venture

Infratil-backed Mint Renewables and Ngāi Tahu launch significant new renewable energy partnership.

Mike McRoberts Mon, 04 Aug 2025

Rebuilding Wairoa from the ruins

After back-to-back floods devastated Wairoa, iwi-led projects are investing for economic resilience.

Mike McRoberts Fri, 01 Aug 2025

‘Don’t be shy’ – Māori, Pasifika businesses sought for Fast 50

Deloitte launches a dedicated Māori and Pasifika category in its annual Fast 50 programme.

Mike McRoberts Wed, 30 Jul 2025

Primary Industries

Biggest changes to Fisheries Act in nearly 40 years unveiled

Cameras on boats, tighter catch rules... major fisheries shake-up could be 'hotly contested', Oceans and Fisheries Minister Shane Jones says.

Mike McRoberts Wed, 06 Aug 2025

Low share price prompts Rural Land Co review

The listed investment company considers ‘strategic options’.

Tim Hunter Tue, 05 Aug 2025

‘Game changing’: Indevin takes 15% stake in Invivo

Invivo said the external investment will help the company expand.

NBR Staff Mon, 04 Aug 2025

Australia

Chair’s sudden resignation at Jayne Hrdlicka’s new company

Hrdlicka was due to start at Endeavour Group in January 2026, but is now believed to be working part-time as incoming chief executive.

Lachlan Colquhoun Mon, 04 Aug 2025

Radical Aussie plan would slash tax for small companies

Large companies would continue to pay existing rates of tax and also a new world first ‘cashflow tax’.

Lachlan Colquhoun Fri, 01 Aug 2025

Aussie rate cut likely in August as inflation falls again

The Australian dollar fell, along with bond yields, while the ASX moved higher on the announcement.

Lachlan Colquhoun Wed, 30 Jul 2025

Tech & Innovation

Connexionz back to being cash positive

The Christchurch-based transport technology firm managed to slash its net loss in FY25 after axing 30% of its work force.

NBR Staff Tue, 05 Aug 2025

Kimer Med co-founder sells down part of his stake

Philip Oliver no longer works for the Nelson-based biotech company, although he remains a director.

Fiona Rotherham Thu, 31 Jul 2025

US Marines trial Kiwi inventor’s fix for IV insertion failure

Dental surgeon James Stone has developed a technology that means patients don’t end up as human pin-cushions.

Fiona Rotherham Tue, 29 Jul 2025

Law

Huljich loses bid for Supreme Court appeal

The NBR Rich Lister’s conviction for insider trading will stand after Supreme Court rejects his application for leave to appeal.

NBR Staff Wed, 06 Aug 2025

Nappy wars: Mowbray action not ‘revenge litigation’, lawyer says

A last-minute settlement staves off court action for former business partner and school friend of NBR Rich Lister Nick Mowbray, but puts other defendants in an ‘awkward position’.

Brent Melville Tue, 05 Aug 2025

Latest Wikeley legal move falls flat

An attempt to usurp liquidators’ authority in Kentucky is declared void as lawyer for the fraudster’s children faces sanction.

Tim Hunter Mon, 04 Aug 2025

Finance

Tower to join competitors in removing multi-policy discounts

The listed insurer says it can’t guarantee 100% compliance despite system and process upgrades.

Jonathan Mitchell Wed, 23 Jul 2025

‘Unacceptable risk’ to save country’s busiest golf course: ICNZ

The head of the country’s insurance council says insurance premium escalations shouldn’t be the main signal for flood risk.

Brent Melville Tue, 22 Jul 2025

Long-term ‘negative effects’ for payments, Visa claims

Commerce Commission’s final report on business fees ‘fell short’ for consumers.

Jonathan Mitchell Fri, 18 Jul 2025

The NBR Podcast

Podcast #68: The Du Val saga – one year on

LISTEN: It’s been 12 months since the FMA raided the Du Val Property Group. No charges have been laid and founders Kenyon and Charlotte Clarke remain defiant.

Simon Shepherd Tue, 05 Aug 2025

Podcast #67: Zespri’s CEO on a record sales year

LISTEN: Kiwifruit sales jumped by $1 billion in one year, but what to do about unlicensed Chinese growers is still proving a problem.

Simon Shepherd Tue, 29 Jul 2025

Podcast #66: The AI strategy – light touch or wild west?

LISTEN: Minister Shane Reti admits we’re late to the party but is pleased with how it’s turned out. Critics call it ‘directionless’.

Simon Shepherd Tue, 22 Jul 2025

General Business

FMA warns Kiwibank for fair dealing failures

The NZ-owned bank overcharged 8663 joint account customers more than $900,000 between July 2011 and November 2024.

NBR Staff Wed, 06 Aug 2025

Up the Riverhead without a paddle

The dangerous dreams of John Denize, part 2: In a preview of later attempted deals, the sale of a successful Auckland tavern fails to complete as questions emerge about the role of lawyers and real estate agents.

Tim Hunter Wed, 06 Aug 2025

The dangerous dreams of John Denize

Part 1: A date with Destiny: Claiming to represent a group of high-net-worth investors, the triple bankrupt with a double identity left a trail of multi-million-dollar failed transactions, forged signatures, and unpaid bills.

Tim Hunter Tue, 05 Aug 2025

Deals

Sale price for Quantifi Photonics revealed by US buyer

The company was acquired in March by its Nasdaq-listed US customer.

Fiona Rotherham Thu, 07 Aug 2025

Mainstream acquires rival transport firm PBT from private equity

The purchase gives Mainstream an open road into smaller areas and an additional 100 drivers.

Jonathan Mitchell Tue, 05 Aug 2025

Kiwibank listing would need an electoral mandate

In the long term, the most accessible source of capital is through a listing on public markets, says Finance Minister.

NBR Staff Wed, 30 Jul 2025

Tourism

Off-peak tourism ‘hard nut to crack’, Tourism NZ says

International arrivals marooned at 86% of pre-pandemic levels last year, while tourism promotional spend focuses on breaking into the non-summer market.

Brent Melville Fri, 18 Jul 2025

Travel app Roady kicks off first leg of global expansion tour

The Kiwi tourism startup’s already had 25,000 downloads after launching in Australia.

Fiona Rotherham Wed, 09 Jul 2025

ACC stocks up on THL post takeover pitch

ACC buys up $6.7 million worth of Tourism Holdings shares, after previously selling down.

Brent Melville Tue, 08 Jul 2025

Infrastructure

No grand coalition but National and Labour seek infra consensus

Political disagreements create uncertainty for the construction sector.

Brent Edwards Thu, 07 Aug 2025

Govt lays path from petrol tax to road user charges

Although no date has yet been set for when the full switchover will occur.

NBR Staff Wed, 06 Aug 2025

Port of Auckland gains ground on Tauranga, as fast track approved

The Auckland port's process took six months, versus six years for Port of Tauranga.

Brent Melville Mon, 04 Aug 2025

Property

Stamp duty, $5m minimum could feature in foreign buyer rules

‘Unintended consequences’ for major builders make remodeling the foreign buyer ban an imperative for offshore investment, the industry says.

Brent Melville Wed, 06 Aug 2025

Senior Trust Capital begins long wind-up

Under investigation by the FMA, the lender ceases operations and moves to realise its loan book.

Tim Hunter Thu, 31 Jul 2025

Industry warns of ‘fishhooks’ in plan for new building products

‘Flooding the market’ with imports could overwhelm the system, industry federation says.

Brent Melville Thu, 31 Jul 2025

Professional Services

PwC partner was ‘severely reprimanded’ for Sacred Hill audits

Victoria Lawson faced NZICA disciplinary action last year, for which she was ordered to pay $25,000 in costs.

Nicholas Pointon Tue, 29 Jul 2025

Ban on PwC Australia government work could be lifted

But it can't tender for government work for some time due to a non-compete agreement with Scyne, which purchased the public sector business of PwC Australia for A$1 after the scandal broke.

Lachlan Colquhoun Mon, 28 Jul 2025

Directors facing up to higher legal risk, IOD report says

Rise in litigation funding a concern as new risks emerge.

NBR Staff Fri, 25 Jul 2025

NBR Focus

Getting the basics right in Hawke’s Bay

What businesses want from local government on the East Coast.

Jonathan Mitchell Fri, 16 May 2025

Build it and they will come

ANALYSIS: Major investments, from a new stadium to ambitious private developments, are revitalising Christchurch and reshaping its economic future.

Mike McRoberts Thu, 15 May 2025

A mountain to climb in Queenstown-Lakes district

ANALYSIS: Stung by water and roading blow-outs, leaky building payouts, and ramped-up rates, the resort town is going through a tricky period.

Brent Melville Thu, 15 May 2025

Retail

Empty shops and stubborn landlords: A retail standoff

Retailers and property owners appear to be locked in a stalemate as the sector tries to put the pandemic behind it.

Kate McVicar Fri, 01 Aug 2025

Retailers should be optimistic about open banking: Minister

There are going to be a lot of ‘smart, innovative, and exciting new opportunities,’ Scott Simpson says, after criticism of the change.

Brent Edwards Tue, 29 Jul 2025

Taking the cost out of using your debit or credit card

Surcharges currently cost New Zealanders up to $150 million a year.

NBR Staff Mon, 28 Jul 2025

Luxury Property

The fashion isn’t about overpaying for your property

Even the super rich aren’t having it all their own way when it comes to selling their homes, as buyers remain circumspect ahead of the market recovery.

Brent Melville Wed, 30 Jul 2025

Melburnians head to Queenstown; golf and private forests

International interest continues to swirl around Queenstown, while Millbrook offers up one of its finest.

Brent Melville Thu, 26 Jun 2025

Precinct’s new York, Feng Shui and islands in the sun

Two of the year’s biggest deals are brewing on Glendowie’s Riddell, while a Hauraki Gulf island hits the market for a cool $60 million.

Brent Melville Wed, 28 May 2025

Aviation News

RNZAF flies night mission to Antarctica for medical evacuations

Air Force also takes part in Guam exercise to test medvac skills.

Nevil Gibson Sat, 09 Aug 2025

Ryanair sees first B737 Max 10s in 2027

Carry On: Boeing’s first 777X freighter, Etihad’s growth, new routes.

Nevil Gibson Sat, 02 Aug 2025

Air NZ’s deal with OpenAi is part of a worldwide trend

Airlines claim the benefits will help operations, management, and customer service.

Nevil Gibson Fri, 01 Aug 2025

Energy

Big four generators agree deal on Huntly coal power

Meridian, Contact and Mercury sign 10-year contacts with Genesis for thermal capacity.

NBR Staff Mon, 04 Aug 2025

Energy tech startup gets heavyweight backing

Prospero Energy’s experienced founders raise $3m as they pursue global opportunity.

Tim Hunter Fri, 18 Jul 2025

LNG imports feasible but challenging – report

Government underwrites seen as important if LNG option pursued.

NBR Staff Thu, 10 Jul 2025

Rich List 2025

Featured Rich Lister: Sir Peter Beck

After a cynical report in late February suggesting the 2025 launch timeline for Neutron was unrealistic, Peter Beck responded by saying bringing Neutron to market wasn’t his first ‘rodeo’.

Will Mace Thu, 07 Aug 2025

Featured Rich Listers: Douglas family

Jeff Douglas is forecasting a significant rise in revenue in the 2026 financial year off the back of some new product releases and an expected lift in sales to the US, depending on what happens with tariffs on NZ exports.

Fiona Rotherham Wed, 06 Aug 2025

Featured Rich Listers: Chris and Michaela Meehan

This year, the Meehan’s 244-hectare Winton Sunfield project in Auckland was listed as one of 59 residential projects in the Government’s list of fast-tracked projects, under its Fast-track Approval Act.

Brent Melville Tue, 05 Aug 2025

Marketing & Media

Dentsu ANZ boss leaves effective immediately

The local arm of the global advertising giant has not turned a profit since 2016.

NBR Staff Wed, 06 Aug 2025

Another big loss for Discovery NZ

The company reported a $77.6m loss for the 12 months ended December 2024.

NBR Staff Fri, 25 Jul 2025

Sky TV to buy Discovery NZ for $1

Discovery paid $20m in cash for MediaWorks' television assets in 2020.

Nicholas Pointon Tue, 22 Jul 2025

Comings & Goings

Heartland Bank makes two senior appointments

Alastair Scott and Rebecca Thomas will join the NZ-owned bank next month.

Thu, 07 Aug 2025

John Kensington to chair External Reporting Board

He will replace Michele Embling, who is stepping down after six years in the role.

Thu, 07 Aug 2025

New boss for PR agency Hustle & Bustle

Freya Munro will replace Gemma Ross at the end of October.

Wed, 06 Aug 2025

Road user charges, unemployment, corporate speak, US tariffs

Road user charges, unemployment, corporate speak, US tariffs

The economy, National, voting, minority government, Kiwibank

Butter, homelessness, a new medical school, dropkicks, water

Free News Alerts

Giving Comvita the ‘wings to fly’

Giving Comvita the ‘wings to fly’

Boeing test flights new 777-9, gets big Cathay Pacific order

Boeing test flights new 777-9, gets big Cathay Pacific order

AI as the new nuclear age: a word of warning from believers

AI as the new nuclear age: a word of warning from believers

NZSA attempting to ‘silence’ Rakon shareholders: Brent Robinson

Reality bites for Rural Land Co

Zuru digging for Treasure in court case, lawyer says

NBR Rich Lister Berridge Spencer reduces holding in Radius Care

Infratil takes loss on RetireAustralia exit

AI software stoush in High Court

Road user charges, unemployment, corporate speak, US tariffs

Giving Comvita the ‘wings to fly’

Boeing test flights new 777-9, gets big Cathay Pacific order

RNZAF flies night mission to Antarctica for medical evacuations

Infratil takes loss on RetireAustralia exit

AI as the new nuclear age: a word of warning from believers

‘Significant concerns’: NZSA on Rakon chair putsch

The dangerous dreams of John Denize

Stamp duty, $5m minimum could feature in foreign buyer rules

Biggest changes to Fisheries Act in nearly 40 years unveiled

Low share price prompts Rural Land Co review

Big four generators agree deal on Huntly coal power

Court tosses Wetex Kang case, without merit

Treasury renews its call for a new fiscal authority

Skyline ramps up dividends as luge visits hit 100 million

Gas shortage could shut Ballance plant

Mowbray nappies, Ryman share purchases, splashy RNZ, Bish-flop

Featured Rich Lister: Craig Heatley

Featured Rich Lister: Craig Heatley

‘Surgical and targeted’: Watts promises electricity reform

‘Surgical and targeted’: Watts promises electricity reform

Caveat vendor

Caveat vendor

Era of Wellbeing Budgets is over

Cyber crime and warfare is the new Cold War

Technology, competition and risk are reshaping Australian banking

Rocket Lab’s space rodeo has investors making big bucks

Investment

NZSA seeks to amend Rakon's constitution, remove Robinson

Radius Care wants to monetise its operating model

Waiting for Jayne at ASX-listed Endeavour

Economics

Rural more confident than urban: Chambers of Commerce

Unemployment ticks up to 5.2%, cements August rate cut

Global recession no longer anticipated: HSBC

Politics

Complex product labelling rules to be reviewed

Greenpeace asks whether foreign investment bill puts NZ first

Select committee considers wellbeing and orthodox economics

Te Ao Māori

Mint and iwi ink $100m renewable energy venture

Rebuilding Wairoa from the ruins

‘Don’t be shy’ – Māori, Pasifika businesses sought for Fast 50

Primary Industries

Biggest changes to Fisheries Act in nearly 40 years unveiled

Low share price prompts Rural Land Co review

‘Game changing’: Indevin takes 15% stake in Invivo

Australia

Chair’s sudden resignation at Jayne Hrdlicka’s new company

Radical Aussie plan would slash tax for small companies

Aussie rate cut likely in August as inflation falls again

Tech & Innovation

Connexionz back to being cash positive

Kimer Med co-founder sells down part of his stake

US Marines trial Kiwi inventor’s fix for IV insertion failure

Law

Huljich loses bid for Supreme Court appeal

Nappy wars: Mowbray action not ‘revenge litigation’, lawyer says

Latest Wikeley legal move falls flat

Finance

Tower to join competitors in removing multi-policy discounts

‘Unacceptable risk’ to save country’s busiest golf course: ICNZ

Long-term ‘negative effects’ for payments, Visa claims