NBR | Independent business news, Finance, Investment, Tech, Law

Global motorhome operator has downgraded its earnings forecasts in the meantime, and expects to be carrying $70 million more debt by the end of the year.

Featured

General Business

A new business knight in King’s Birthday Honours

From Te Akau to Banqer, this year’s list recognises business, governance, and public service among its recipients.

Your Business

Outside The Box Caskets expands into UK market

Industrial designer Becs Bartells says people are often fascinated by her career choice making coffins.

Your Business

Outside The Box Caskets expands into UK market

Industrial designer Becs Bartells says people are often fascinated by her career choice making coffins.

Startup Stars

My Little Pub owners unleash new international growth strategy

They’re expanding the curated concept beyond little pubs and New Zealand’s borders as growth ramps up.

Startup Stars

My Little Pub owners unleash new international growth strategy

They’re expanding the curated concept beyond little pubs and New Zealand’s borders as growth ramps up.

Budget 2026

Political squabbles over fiscal and economic management

Willis says the country has seen what happened when governments provided sugar hits; Edmonds says taking from the poor does not make the country richer.

Budget 2026

Political squabbles over fiscal and economic management

Analysis

Guest Analysis

Why easing seismic rules won’t remove commercial risk

ANALYSIS: The commercial implications property owners need to know from the Government’s proposed changes to New Zealand’s earthquake-prone building regime.

Cameron Bellis Sun, 31 May 2026

Book Review

Deep dive into the causes of crime

ANALYSIS: Eighteen months in the lives of a legal aid lawyer and two offenders.

Nevil Gibson Sun, 31 May 2026

Executive Health

When it comes to exercise, anything is better than nothing

Why high performers often struggle with this concept, and how to overcome it.

Peter Bristow Sun, 31 May 2026

Politically Speaking

Now the Budget is out, its critics must put up their numbers

Opposition parties oppose the Budget, while there is also some coalition friction.

Brent Edwards Sat, 30 May 2026

Investment

Dual-listed NZ heavyweights slide on ASX this King’s Birthday

The kiwi dollar pushed to a two-month high against the Aussie.

Curious News Mon, 01 Jun 2026

NZX50 enjoys best month since September as Infratil surges

Tourism Holdings led the benchmark higher on Friday as it weighs a new offer.

Curious News Fri, 29 May 2026

Trade Window annual loss narrows as it ramps up FreightAI spend

Listed trade software company’s revenue up 20% and still making strides in Australia after CEO resigns due to ill health.

Will Mace Fri, 29 May 2026

Economics

Government spending as percentage of GDP expected to fall

Two-fifths of the deficit is cyclical, says the Treasury.

Brent Edwards Thu, 28 May 2026

New Zealand economic recovery delayed, not derailed

Optimistic forecasts show the economy growing and inflation coming down after the ‘temporary’ fuel price shock.

Jonathan Mitchell Thu, 28 May 2026

July rate hike builds momentum as inflation lingers

But Kiwibank chief economist Jarrod Kerr warns the RBNZ is risking a lot to gain a little.

Jonathan Mitchell Thu, 28 May 2026

Politics

Willis warns against reckless spending as she delivers Budget ’26

Overview of what this year’s Budget entails – and what it means for you.

Brent Edwards Thu, 28 May 2026

Reform of ComCom ‘swamped by lobbyists’

Monopoly Watch director Tex Edwards says proposed changes are an ‘academic reorganisation of chaos’.

Brent Edwards Thu, 28 May 2026

The Labour Party wants the Budget to focus on productivity

But pre-Budget announcements about cuts to the public service and to the support given to people in social housing signalled the approach the Govt was instead taking, says Barbara Edmonds.

Brent Edwards Wed, 27 May 2026

Te Ao Māori

BlinkPay proves ‘near instant’ payments

BlinkPay and BNZ say there is no need to wait for a new national payments platform.

Mike McRoberts Wed, 27 May 2026

Māori data finds its fortress

Te Kāhui Raraunga has launched a Māori-owned data storage network as demand grows for sovereign AI, iwi archives, and control over digital infrastructure.

Mike McRoberts Tue, 26 May 2026

Hāngī in a bottle

Dr Kiri Dell’s Nuka Charitable Trust is turning East Coast kānuka into a higher-value Māori economy play.

Mike McRoberts Mon, 25 May 2026

Primary Industries

Fonterra boosts guidance amid strong milk price outlook

Co-op reports solid demand and highest third-quarter shipment volumes in a decade.

NBR Staff Thu, 28 May 2026

Origin Capital opens third kiwifruit fund

The private equity firm aims to raise up to $70m to bolster its orchard portfolio and shares in kiwifruit marketing body Zespri.

Kate McVicar Tue, 26 May 2026

Sale of South Island’s largest apple grower falls over

CAJ Apples agreed to sell to two Auckland businessmen two years ago, but the deal has collapsed.

Karyn Scherer Thu, 21 May 2026

Australia

Grocery giant Coles faces massive fine for misleading discounts

It is a big win for regulators, and a judgment against Woolworths on similar charges is expected later this year.

Lachlan Colquhoun Fri, 15 May 2026

Aussie government defends tax changes amid widespread anger

Shares in Australia’s biggest property lender, CBA, dropped by 10% on Wednesday on fears of the impact on property investment.

Lachlan Colquhoun Thu, 14 May 2026

Australia walks a fiscal tightrope in 2026 Budget

This year’s Budget requires some difficult decisions by the Government as it deals with a fiscal position already deteriorating before the hit from the Middle East conflict.

Lachlan Colquhoun Mon, 11 May 2026

Tech & Innovation

NZGCP hopes to start deploying new VC fund in the next quarter

The Government agency has been given $10m in this year's Budget to support emerging fund managers.

Fiona Rotherham Fri, 29 May 2026

Straker shares resume trading following suspected employee fraud

The ASX-listed company continues to investigate irregularities in its US business.

Fiona Rotherham Wed, 27 May 2026

Aroa’s Symphony in sweet spot from US insurer reset

The ASX-listed Kiwi company has set an ambitious FY27 target with growth from its Myriad and Symphony product lines.

Fiona Rotherham Wed, 27 May 2026

Law

Bar Association criticises ‘disturbing’ Government overreach

The representative body for independent barristers has urged a reconsideration of proposed legislation which would end the Smith v Fonterra claim.

Hamish McNicol Wed, 27 May 2026

Australian crypto investor fined $350k for OIO breach

Judge notes 'need for specific deterrence' after $4.5m Hawke's Bay land deal.

NBR Staff Mon, 25 May 2026

Online gambling claims face jurisdiction hurdle

Any delay to class action proceeding just ‘a consequence of suing overseas parties,’ say defendants.

Tim Hunter Mon, 25 May 2026

Finance

‘Volatility is the new baseline’: Citi’s plans for NZ growth

Local boss Stefan Boisen on what a global reset means for the global banking giant’s domestic business.

Hamish McNicol Mon, 25 May 2026

‘No significant fallout’ from Iran war yet, says Kiwibank

But business confidence to invest has fallen as growth plans go on the backburner.

Jonathan Mitchell Wed, 13 May 2026

Finance Now targets legacy banks with credit offer

The non-bank lender acquired the credit card business from The Warehouse Group in 2017.

Jonathan Mitchell Wed, 13 May 2026

The NBR Podcast

Podcast #105: Grant Baker talks vodka, cars, and cancer

LISTEN: He’s a serial business builder of some of our most well-known companies. Grant Baker looks back on big deals, his love for Ferraris, and why bowel cancer didn’t slow him down.

Simon Shepherd Tue, 26 May 2026

Podcast #104: what’s next for NZX as CEO exits

LISTEN: Mark Peterson’s been in charge of the country’s financial plumbing for nine years. So what does the outgoing NZX CEO make of his time at the top of the market?

Simon Shepherd Tue, 19 May 2026

Podcast #103: Prime Minister Christopher Luxon

LISTEN/WATCH: With the election six months away, Luxon sits down to talk hustling for fuel and whether he can keep the coalition together.

Simon Shepherd Tue, 12 May 2026

General Business

Blue-chippers that shone this reporting season

Outlook statements from the likes of Fisher & Paykel Healthcare and Mainfreight weren’t as bad as the market feared.

Nicholas Pointon Sat, 30 May 2026

NZSA concerned by resignations of top FMA leaders

The shareholder advocate says the loss of chair and chief executive this month is not something investors should simply absorb without reflection.

Hamish McNicol Fri, 29 May 2026

Trump must approve ceasefire extension; Anthropic worth US$965b

And UK businesses could be incentivised to employ younger people as more not in jobs or training.

Jonathan Mitchell Fri, 29 May 2026

Deals

Guthrie to exit Mainland Poultry after private equity buyout

The NBR Rich Lister founded the company as Otago Poultry in the 1990s.

Lachlan Colquhoun Fri, 29 May 2026

Craigs buys Hamilton Hindin Greene

Acquisition of Christchurch firm continues Craigs’ roll-up strategy.

NBR Staff Wed, 20 May 2026

Elevation equity fund gets new manager

Former portfolio manager Victoria Harris, co-founder of The Curve, takes over global shares fund.

Tim Hunter Wed, 20 May 2026

Tourism

Tourism NZ looks to add to $185m business events ‘funnel’

Crown-funded international tourism marketing agency says its event ‘win ratio’ sits at over 60%.

Brent Melville Fri, 22 May 2026

Not worth ‘nickel and diming’ tourists, SkyCity boss says

The hotel and gambling operator is expecting the NZICC to pull an additional 500,000 annual visitors into its Auckland precinct within the next two years.

Brent Melville Wed, 20 May 2026

Auckland airline capacity still 7% below pre-pandemic levels

Jetstar and Qantas were largely responsible for surging Australian arrivals and 4% international passenger increase into Auckland Airport.

Brent Melville Tue, 19 May 2026

Infrastructure

EV ferry could herald ‘fast lane’ to Devonport

Hybrid ferry would remain reliant on diesel generation until the completion of the downtown fast ferry charger at the downtown ferry terminal.

Brent Melville Wed, 27 May 2026

Water Minister the ‘missing actor’ in water reform

Call comes as Wellington’s water authority says annual rates could hit $7000 a year within the next decade, more than double Auckland’s.

Brent Melville Mon, 18 May 2026

Audit Office encourages Mbie to get LNG procurement process right

It says it will consider taking a further look at the process at a later stage.

Brent Edwards Thu, 14 May 2026

Property

Argosy shelves dividend reinvestment plan

Commercial real estate investor has identified surplus properties valued at about $139 million.

Brent Melville Wed, 20 May 2026

St James project owner snaps up adjoining properties

The Notable Properties Trust settled on two neighbouring properties yesterday, which would ‘simplify’ the restoration of the St James Theatre.

Brent Melville Thu, 14 May 2026

Exodus continues at JLL Auckland

The firm’s hotels and hospitality team has been razed by competitors, following a right-sizing that’s also seen office closures.

Brent Melville Wed, 13 May 2026

Professional Services

Country’s first pro bono legal network delivers 17,500 hours

Six firms signed up to the initiative, led by pro bono clearinghouse Te Ara Ture, with an annual target of 25 hours per lawyer.

Hamish McNicol Thu, 21 May 2026

FMA’s ongoing ‘going concern’ concerns

Latest Financial Statements Monitoring Insights report highlights several areas of reporting concerns for the market regulator.

Hamish McNicol Thu, 09 Apr 2026

Lane Neave managing partner retires

He will be replaced by litigation partner Ben Russell.

Hamish McNicol Wed, 01 Apr 2026

NBR Focus

Unlocking Aotearoa: Ngāti Whātua Ōrākei Trust CEO Lisa Davis

WATCH: Our weekly series on what is holding Aotearoa back, and how we can unleash its potential.

Simon Shepherd Wed, 27 May 2026

Unlocking Aotearoa: TPT Group founder Mike Marr

WATCH: Our weekly series on what is holding Aotearoa back, and how we can unleash its potential.

Simon Shepherd Wed, 20 May 2026

Unlocking Aotearoa: FirstCape CEO Malcolm Jackson

WATCH: Our weekly series on what is holding Aotearoa back, and how we can unleash its potential.

Simon Shepherd Wed, 13 May 2026

Retail

Abe’s Bagels acquired by George Weston Foods

‘It made sense that they were the right partners to take the business forward,’ says the company’s CEO.

Kate McVicar Thu, 07 May 2026

How crashing Pandora’s party helped launch an eight-figure brand

After jewellery retailer Silvermoon went into liquidation, its founder Simon Thwaites came out of ‘semi-retirement’ to rebuild the company he started more than 20 years ago.

Kate McVicar Wed, 29 Apr 2026

The risks of extending the right to make a citizen’s arrest

The proposal could lead to unintended consequences, says BusinessNZ.

Brent Edwards Thu, 12 Mar 2026

Luxury Property

Andersons Cove record, Arney’s back, Aussies eye NZ ‘tax haven’

Bream Tail Road estate is reputed to have fetched more than its $40 million asking price.

Brent Melville Wed, 27 May 2026

Flying the White Heron, Royal Yacht sale, golden visas ramp up

Luxury market picks up, partially on the back of surging international sales, with 15 applications received by international buyers under the so-called ‘golden visa’.

Brent Melville Wed, 29 Apr 2026

Glendowie golden visa, Bayswater watch, what £20k bought in 1967

Offshore buying proves a bright spot in otherwise slow recovery for high-end properties – and as Middle Eastern buyers start looking.

Brent Melville Wed, 25 Mar 2026

Aviation News

RNZAF safety expert honoured after 50-year aviation career

Group Caption John McWilliam becomes a Member of the New Zealand Order of Merit.

NBR Staff Mon, 01 Jun 2026

‘Supply chain issues’ delay nonstop Sydney-London, NY flights

Carry On: Western Sydney Airport, United’s Starlink, new routes.

Nevil Gibson Sat, 30 May 2026

Wind factor contributed to helicopter toppling during take-off

Pilot and two passengers received minor injuries in crash.

Nevil Gibson Mon, 25 May 2026

Energy

Smelter in talks with Contact for restart of fourth potline

Non-binding letter of intent signed for power purchase agreement.

NBR Staff Wed, 27 May 2026

EA imposes new rules to curb gentailer power

Electricity regulator introduces 'non-discrimination' measures to promote level playing field in retail competition.

NBR Staff Tue, 26 May 2026

ComCom says less competition can be necessary in a crisis

Fuel crisis has shown NZ’s competitive landscape remains strong, although utilities remain the country’s least competitive sector, it says.

Brent Melville Thu, 14 May 2026

Rich List

40 years of the Rich List: the 30th anniversary in 2016

In the lead-up to the 40th edition of the Rich List in June, NBR is opening the archives to reproduce some of the best content from the past four decades.

NBR Staff Fri, 29 May 2026

40 years of the Rich List: the first international list in 2012

In the lead-up to the 40th edition of the Rich List in June, NBR is opening the archives to reproduce some of the best content from the past four decades.

NBR Staff Fri, 01 May 2026

40 years of the Rich List: 2006 Trade Me sale’s 17 millionaires

In the lead-up to the 40th edition of the Rich List in June, NBR is opening the archives to reproduce some of the best content from the past four decades.

NBR Staff Fri, 27 Mar 2026

Marketing & Media

MediaWorks said to be up for sale as it gets back in the black

A report from across the Tasman says the radio broadcaster’s private equity owner is soliciting bids for the business.

NBR Staff Tue, 21 Apr 2026

TVNZ’s interim profit falls as one-off costs bite

The state broadcaster will pay an interim dividend of $1.3m to the Crown.

NBR Staff Fri, 06 Mar 2026

Leaked emails reveal SkyCity breached NBR copyright

The listed casino operator had been distributing PDF copies of NBR articles to staff using just one subscription.

NBR Staff Wed, 21 Jan 2026

Comings & Goings

Gallagher appoints CEO

Rob Clayton will lead next phase of global animal management growth.

Tue, 02 Jun 2026

Jacob Barry joins specialist law firm

Barry is known as a leading trial lawyer with a significant track record as counsel appearing in high-stakes regulatory matters.

Wed, 27 May 2026

Meat Industry Association appoints chief executive

Nick Beeby will join MIA on July 1.

Tue, 26 May 2026

How did Spark’s top brass avoid the flames?

How did Spark’s top brass avoid the flames?

Spark refutes speculation it considered ASX primary listing

Spark’s share price bounces around as dividend cut hits home

Free News Alerts

Wealthy Golden Visa investors seek urgent tax changes

Wealthy Golden Visa investors seek urgent tax changes

Heartland proposes $620m TSB Bank merger

Heartland proposes $620m TSB Bank merger

Shane Jones felt ambushed by Nicola Willis at Budget lock-up

Shane Jones felt ambushed by Nicola Willis at Budget lock-up

Green Cross sells medical division to Tend Health

Tame Budget no red flag for inflation: RBNZ’s Conway

Podcast #106: Would you trust a humanoid?

What employers can take from the Viv Beck stoush

Protecting real wealth: the role of inflation-indexed bonds

Iran peace talks fragile; Nvidia reveals new AI chips

How did Spark’s top brass avoid the flames?

Heartland proposes $620m TSB Bank merger

Shane Jones felt ambushed by Nicola Willis at Budget lock-up

Wealthy Golden Visa investors seek urgent tax changes

Green Cross sells medical division to Tend Health

What employers can take from the Viv Beck stoush

Are we all just subsidising Tiwai?

The Labour Party wants the Budget to focus on productivity

EV ferry could herald ‘fast lane’ to Devonport

Bar Association criticises ‘disturbing’ Government overreach

Stuart Nash’s political comeback could embarrass National and Act

Aussie tax ‘own goal’ could be a score for New Zealand

Weak jobs data the big risk to surging equity markets

ANZ to appeal New Zealand class action ruling

KPMG Australia chief resigns over whistleblower scandal

Tourism Holdings receives sweetened $3.10 offer

A new business knight in King’s Birthday Honours

Outside The Box Caskets expands into UK market

Outside The Box Caskets expands into UK market

My Little Pub owners unleash new international growth strategy

My Little Pub owners unleash new international growth strategy

Political squabbles over fiscal and economic management

Political squabbles over fiscal and economic management

Unlocking Aotearoa: TPT Group founder Mike Marr

Extraordinary payments and their $2m capital raise

Climate law change to block emissions liability claims

Budget will not be an election year give-away

Unlocking Aotearoa: Malcolm Jackson

PM Christopher Luxon joins the NBR Podcast

“Lead your own reform or we will do it for you”

The relief of Singapore

Deepfake ad using doctor’s identity a ‘public safety risk’

Unlocking Aotearoa: Dame Joan Withers

The Winston Peters effect

The journalist making the news

Art Fair expands as Māori voices lead

Michael Hill CEO: ‘I’m not a patient person’

The Accountants: Full Investigation

The Accountants: Some KPMG staff already using AI agents

The Accountants: Turning EY into a one-stop-shop

The Accountants: PwC and the end of human-only workforces

The Accountants: Deloitte sees AI freeing up 25% of capacity

Conflict: RBNZ discusses impact on inflation

Why easing seismic rules won’t remove commercial risk

Deep dive into the causes of crime

When it comes to exercise, anything is better than nothing

Now the Budget is out, its critics must put up their numbers

Investment

Dual-listed NZ heavyweights slide on ASX this King’s Birthday

NZX50 enjoys best month since September as Infratil surges

Trade Window annual loss narrows as it ramps up FreightAI spend

Economics

Government spending as percentage of GDP expected to fall

New Zealand economic recovery delayed, not derailed

July rate hike builds momentum as inflation lingers

Politics

Willis warns against reckless spending as she delivers Budget ’26

Reform of ComCom ‘swamped by lobbyists’

The Labour Party wants the Budget to focus on productivity

Te Ao Māori

BlinkPay proves ‘near instant’ payments

Māori data finds its fortress

Hāngī in a bottle