Senior director Geoff Dangerfield has abruptly resigned from board positions including his roles as Wellington Water chairman and Port Nelson chairman. Dangerfield has worked in high-profile public sector roles over the course of... Source: NZ Herald Business News
By RNZ A would-be supermarket operator expects a violent and vigorous reaction from the two major chains to any new significant new entrant to the sector.Tex Edwards of Northelia has told the Commerce Commission's hearings into... Source: NZ Herald Business News
ANZ New Zealand has seen a 44 per cent increase in its profit rising to hit $1.92 billion for the year to September 30.The country's largest bank saw its cash net profit rise 39 per cent to $1.907 billion compared to the previous... Source: NZ Herald Business News
From RNZ The rate of house price growth appears to have peaked over the past three months with sales and price growth set to ease in the months ahead.CoreLogic's quarterly property market update for for the third quarter ended... Source: NZ Herald Business News
By RNZ Businesses remain upbeat about their outlook despite lockdown restrictions and surging inflation.ANZ Bank's monthly survey of sentiment shows companies are more confident about their own outlook but more pessimistic about... Source: NZ Herald Business News
A2 Milk said it was targeting sales revenue of $2 billion over the next five years.It also said its sales margins would probably be in the "teens" in the medium term.For the June year, a2 Milk's revenue came to $1.2 billion, down... Source: NZ Herald Business News
A major report has warned that every household in New Zealand may be paying $200 more a year for their electricity because of a massive subsidy to the aluminium smelter in Southland.This morning the Electricity Authority released... Source: NZ Herald Business News
A richlister who wants an exemption to travel by private jet to the US for a business meeting then self-isolate at this gated home on his return has been told he's more likely to catch Covid-19 on the trip than during a mandatory... Source: NZ Herald Business News
Air New Zealand cancellation of domestic flights into early December has sparked customer anger and complaints to the Commerce Commission.The airline is citing alert level uncertainty but travellers say flights still in the system... Source: NZ Herald Business News
Demand for hospitality workers in Wellington has tripled over the past two years, and the water industry experiences up to 25 per cent vacancy at any one time. Wellington Water and hospitality group Kapura are two of the local... Source: NZ Herald Business News