ASB joins ANZ in declining legal settlement proposal, as Winston Peters comes in to bat for them
ANZ declined similar settlement proposal earlier in the week. Source: NZ Herald Business News
Owning rental property is not all about the capital gains – Mary Holm
OPINION: Your Dad has come up with the perfect way to invest in a rental. Source: NZ Herald Business News
NZ sharemarket dips despite strong US and Australian gains – Market close
The New Zealand sharemarket diverged from overseas markets to end the day weaker. Source: NZ Herald Business News
Zuru’s Nick Mowbray says mass-market construction company building towards launch
Zuru has invested more in this venture than its consumer goods division. Source: NZ Herald Business News
Anti-Corruption Taskforce could grow to cover private sector; Serious Fraud Office chief says ‘billions’ potentially lost to fraud and bribery each year
Dirty meth money less a concern than NZ's global reputation as new taskforce launched. Source: NZ Herald Business News
Sir John Key urges 100-basis-point interest rate cut to boost NZ economy
He also criticised former Reserve Bank Governor Adrian Orr's monetary policy. Source: NZ Herald Business News
Kiwi Hamish McKenzie’s Substack raises $168m at $1.8b valuation
A New Zealand venture capital firm has invested in the latest raise. Source: NZ Herald Business News
Media Insider: Chlöe Swarbrick film – taxpayer-funded documentary delayed; Outdoor advertising industry shake-up; NZ v Australia – compare the countries’ best TV ads; Beacon Awards winners
Massive shake-up in outdoor advertising; Ex-MediaWorks boss sells up; Beacons winners. Source: NZ Herald Business News
Labour’s chance to distance itself from Te Pāti Māori – Matthew Hooton
OPINION: Labour doesn’t only need to win Tāmaki Makaurau but must be brutal in doing so. Source: NZ Herald Business News
NZ sharemarket closes up more than 1% as heavyweight stocks rally – Market close
The NZ sharemarket rallied today as key weighted stocks had strong performances. Source: NZ Herald Business News