Westpac New Zealand's cash earnings shot up by 56 per cent to $1.01 billion in the year to September, boosted by a $404 million turnaround in asset impairment charges.Net interest income benefitted from a 3 basis point increase... Source: NZ Herald Business News
Farmers will this month vote on a plan to merge the operations of Wools of New Zealand and the Primary Wool Co-op's CP Wool.Primary Wools (PWC) bought Carrfields' 50 per cent shareholding in CP Wool earlier this year and now owns... Source: NZ Herald Business News
Retailers are pleading with the Government to move to step two of the Auckland roadmap next week, and allow shops to open in Auckland and Waikato.Retail New Zealand chief executive Greg Harford said business owners are finding it... Source: NZ Herald Business News
By Gill Bonnett of RNZ A couple who set up a business in New Zealand have been described as a threat to national security because of their link to Chinese intelligence services. They denied they were spies, but were rejected... Source: NZ Herald Business News
Port of Tauranga says based on strong growth in the first quarter of the 2022 financial year, New Zealand's largest port is expecting full-year earnings of between $103 million and $110m.This compares to earnings of $102.4m in FY21.Chief... Source: NZ Herald Business News
NZ Post is pleading for customers to tweak their Christmas shopping strategy this year.The organisation's parcel delivery has been slammed due to the current lockdown conditions in Auckland. With Aucklanders currently unable to... Source: NZ Herald Business News
Facebook CEO Mark Zuckerberg said his company is rebranding itself as Meta in an effort to encompass its virtual-reality vision for the future — what Zuckerberg calls the "metaverse".Sceptics point out that it also appears to be... Source: NZ Herald Business News
Seabed mining company Trans-Tasman Resources has formally asked the Environmental Protection Authority to reconsider its consents to mine iron-sand offshore from Pātea. The authority received the request on October 22, general... Source: NZ Herald Business News
"I feel much safer now," Auckland woman Andrea Malcolm told the Herald as she received an approval letter to get her third dose of the Pfizer/BioNTech Covid-19 vaccine.Malcolm received her third jab this afternoon, administered... Source: NZ Herald Business News
From campaigning for the climate outside the White House to being the youngest-ever adviser to a US President, nineteen-year-old Jerome Foster II has a remarkable story to tell.Foster II will join a host of international speakers... Source: NZ Herald Business News