Silver Fern Farms has been fined $337,000 over an ammonia leak at its Hāwera plant that was potentially lethal to its staff, emergency services personnel and nearby residents.The February 2020 leak is also being described as... Source: NZ Herald Business News
OPINION: Each week the NZ Herald's Cooking the Books podcast tackles a different money problem. Today, it's where to spend and where to skimp if you're having a baby. Hosted by Frances Cook. Listen to the Cooking the Books... Source: NZ Herald Business News
Delegat Group has posted a $43 million net profit after tax in the six months ending December 31.New Zealand's largest listed winemaker increased its profit in the period by 25 per cent from $34.4m a year earlier.The Auckland-based... Source: NZ Herald Business News
The Reserve Bank has left the Official Cash Rate on hold at 0.25 per cent in its first Monetary Policy Statement for the year.In the statement, released at 2pm, Reserve Bank Governor Adrian Orr said prolonged monetary stimulus was... Source: NZ Herald Business News
The NZX's regulatory arm, NZ RegCo, said formal investigations were under way into QEX Logistics on a number of matters relating to the company's compliance with listing rules and disclosure requirements.NZ RegCo's chief executive... Source: NZ Herald Business News
By RNZ The Civil Aviation Authority has followed other international regulators and placed a temporary ban on some Boeing 777 aircraft from operating in New Zealand airspace.This follows the recent engine failure of a United... Source: NZ Herald Business News
Michael Hill International posted a net profit after tax of A$38.9 million ($41.9m) in the six months to December 27, 82 per cent higher than the A$21.4m it posted a year earlier.Operating revenue in the 26-week period fell almost... Source: NZ Herald Business News
New Zealand bank profits fell by a whopping 28 per cent in 2020 - a drop of $1.58 billion to $4.14 billion.The fall was the largest in the 10-year history of KPMG's Financial Institutions Performance Survey as higher impairment... Source: NZ Herald Business News
More than 200 staff at the Whakatane Mill have this evening been presented with a proposal to close the mill.General Manager Juha Verajankorva said in a statement that, faced with the loss of its biggest customer, the plant was... Source: NZ Herald Business News
Facebook will lift its news ban for Australian users and publishers, less than a week after making the shock decision.The ban – made last week in response to a proposed new Media Bargaining law – meant Australian users could no... Source: NZ Herald Business News