New Zealand sharemarket up 0.4% despite Hallenstein resignation – Market close
Retailer Hallenstein Glasson was up 4c to $8.75 after announcing the CEO's resignation. Source: NZ Herald Business News
Nicola Willis denies Reserve Bank cover-up; insists she pushed for transparency
The Finance Minister challenged the Reserve Bank's legal advice. Source: NZ Herald Business News
KiwiSaver employer contributions for over-65s: Finance Minister rejects calls to mandate matching
Westpac says the Government should consider making the practice compulsory. Source: NZ Herald Business News
Hallenstein Glasson’s chief executive resigns: Chris Kinraid leaves company in ‘strong position’
Chris Kinraid was appointed chief executive in 2023 after leaving KMD Brands. Source: NZ Herald Business News
Government to act after fast-track Port of Tauranga Stella Passage expansion halted by judicial review
The project's fast-track process was halted by a judicial review due to a scope issue. Source: NZ Herald Business News
Property Insider: Shundi Customs on ‘miscommunication’ over 56-level Seascape tower, updates on Precinct, Parnell, Pt Chevalier
As a new builder is set to sign the contract to complete, the developer clarifies facts. Source: NZ Herald Business News
2000 more Kiwis fall behind on debt payments
But a silver lining as mortgage arrears improve as interest rates drop. Source: NZ Herald Business News
New Zealand sharemarket closes up over 1% – Market close
The NZX 50 Index closed at 13,070.45, up 139.72 points or 1.08%. Source: NZ Herald Business News
Steven Joyce boosts NZME stake with 32,000 share purchase
Steven Joyce's share purchase comes after director Jim Grenon also topped up his holding. Source: NZ Herald Business News
Why a Swiss bank has invested in New Zealand wealth management
A Swiss bank CEO sees an opportunity for New Zealand as the wealthy seek diversification. Source: NZ Herald Business News