A2 Milk says weak kiwi dollar helped first quarter sales

A2 Milk said it had made a positive start to the year, with first quarter sales expected to be marginally ahead of plan thanks to the weaker NZ dollar.A2 Milk is due to start a $150 million share buyback next week."By way of a... Source: NZ Herald Business News

By | September 30th, 2022|Business|0 Comments

Igneo wins OIO approval for Waste Management NZ

The Overseas Investment Office has approved the sale of the Waste Management New Zealand business to international investment firm Igneo Infrastructure Partners.Igneo signed a deal to buy Waste Management NZ from Chinese private... Source: NZ Herald Business News

By | September 29th, 2022|Business|0 Comments

Porsche shares rise in one of Europe's biggest market debuts

Shares in luxury carmaker Porsche AG rose on their first day of public trading after German parent company Volkswagen raised €9.4 billion (NZ$16.1b) for one of the largest initial public offerings in European history.Shares traded... Source: NZ Herald Business News

By | September 29th, 2022|Business|0 Comments

Vodafone beware: Six branding catastrophes to avoid

Marketing folklore is replete with examples of branding errors that leave executives red-faced and customers furious or – even worse – laughing out loud.As Vodafone peels off the red livery that has baked in the Kiwi gaze since... Source: NZ Herald Business News

By | September 29th, 2022|Business|0 Comments

Life insurer AIA penalised $700k for misleading customers

Life insurance company AIA must pay $700,000 for false and misleading representations to customers.The Auckland High Court ordered the penalty after the Financial Markets Authority took action. The insurer said it self-disclosed... Source: NZ Herald Business News

By | September 29th, 2022|Business|0 Comments

The Front Page podcast: Will Vodafone's big rebrand pay off?

The executives at Vodafone have stepped into dangerous territory as they rip up the livery of their established brand . University of Auckland associated marketing professor Bodo Lang tells the Front Page podcast that marketing... Source: NZ Herald Business News

By | September 29th, 2022|Business|0 Comments

Another record payout for Tatua dairy cooperative

Blue chip dairy industry performer Tatua will pay its farmer-shareholders a record $11.30/kg milksolids cash for the 2021-22 year, while still retaining close to $20m from payout to reinvest in the business.The Waikato cooperative... Source: NZ Herald Business News

By | September 28th, 2022|Business|0 Comments

Bank of England intervenes as Britain enters 'financial crisis territory'

The central bank of the United Kingdom has announced a drastic intervention in an attempt to stabilise the country's panicking financial markets and struggling currency.Last Friday the British Government, led by the relatively new... Source: NZ Herald Business News

By | September 28th, 2022|Business|0 Comments

Queenstown vineyard's celeb shuffle

One famous name has bought vineyard land at Queenstown's Gibbston from another famous name.AJ Hackett bungy pioneer Henry van Asch, who has his own wine label, has bought actor Sam Neill's original vineyard, The First Paddock, on... Source: NZ Herald Business News

By | September 28th, 2022|Business|0 Comments

The Front Page: Why weak dollar is bad news for NZ's inflation headache

A New Zealand economist anticipates there could be more pain to come for the New Zealand dollar. "At the moment, the trend is down," Infometrics chief economist Brad Olsen tells the Front Page podcast. "We've seen that... Source: NZ Herald Business News

By | September 28th, 2022|Business|0 Comments