Christmas Eve shopping: Transactions for midday spending peak fall again
Worldline NZ processed 563,303 transactions from noon to 1pm on Christmas Eve. Source: NZ Herald Business News
SolarZero collapse: Liquidators claw back $2.7m but creditor claims two trusts owed $979m
Liquidators say they are still investigating the company a year after they were appointed. Source: NZ Herald Business News
Air NZ CEO says engine problems will peak this year
Foran says up to 11 planes could be grounded in the second half of its financial year. Source: NZ Herald Business News
Kiwi sharemarket falls in first day of trading for 2025 – market close
It was a soft start to the year on worries about higher bond rates. Source: NZ Herald Business News
Baby City retail owner goes into liquidation, five stores under new management
BDO Wellington were appointed as liquidators on December 31. Source: NZ Herald Business News
Aussies snap up $2 billion stake in NZ electricity distributor Powerco – Stock Takes
Australia’s second-largest pension fund will take up majority ownership of Powerco. Source: NZ Herald Business News
Fletcher Building reveals ex-CEO Ross Taylor’s final pay, Synlait deals questioned – Stock Takes
Plus, My Food Bag earns chart of the week, reaction to Infratil story. Source: NZ Herald Business News
The KiwiSaver funds hit hardest by this week’s market volatility – Stock Takes
And why this earnings season could be largely irrelevant to the sharemarket's performance. Source: NZ Herald Business News
Will Smartpay win shareholder approval to boost its directors’ pool from $500k to $750k? – Stock Takes
NZ Shareholders Association will vote against the proposal. Source: NZ Herald Business News
Retailers face darkest days ahead as Warehouse, Kathmandu hit by consumer spending crunch – Stock Takes
And an Australian construction firm is planning job cuts in New Zealand. Source: NZ Herald Business News