New Zealand Rural Land Company, which owns more than 5300ha of farmland in Otago and Southland, has posted an increase in profit of more than $24 million for the year ending June 30.The company, which listed on the NZX in December... Source: NZ Herald Business News
An unlisted property business plans to buy 51 Z Energy properties in New Zealand in a $132 million deal.ASX-listed Charter Hall will hold almost half the shares in the business. Australian fuels company Ampol, which owns Z Energy,... Source: NZ Herald Business News
A2 Milk's share price rallied sharply after the company reported a 42 per cent jump in annual net profit to $114.7 million, which was driven by strong growth in its infant formula business in China.The company also said it intended... Source: NZ Herald Business News
Cinema software company Vista Group has upgraded its revenue guidance for the full year as box office growth improves – with blockbusters like Top Gun: Maverick and the latest Jurassic Park movie helping.The Auckland-based company... Source: NZ Herald Business News
Major fast food operator Restaurant Brands has thanked its Hawaii business, more stores and a stronger US dollar for soaring sales in the first half of the year.Reporting its half-year result to the NZX today, the company said sales... Source: NZ Herald Business News
Each week BusinessDesk and the NZ Herald's Cooking the Books podcast tackles a different money problem. Today, it's part two of listener questions about KiwiSaver. Hosted by Frances Cook. KiwiSaver has to be one of the areas... Source: NZ Herald Business News
OPINION: Australian finance commentator Ben Nash on three things you need to grow wealth. Most people know that investing is important, but actually making it happen isn't easy.There are so many options it's overwhelming.It's... Source: NZ Herald Business News
Facebook's corporate parent has reached a tentative settlement in a lawsuit alleging the world's largest social network service allowed millions of its users' personal information to be fed to Cambridge Analytica, a firm that supported... Source: NZ Herald Business News
With the transfer this week of Kiwibank's assets to a state-owned company, the New Zealand crown has now taken full control of the bank. At an estimated cost of $2.1 billion, the change of ownership has all the hallmarks of a government... Source: NZ Herald Business News
Treasury officials will report back to Cabinet early next year with a plan to fund billions of dollars' worth of mass rapid transit across the country's three biggest cities.Light rail in Auckland is estimated to cost $14.6 billion,... Source: NZ Herald Business News