Home

When asked for an interview, media shy Michael Friedlander said only that ‘it wasn’t his company’s policy to give interviews’, but thanked NBR for the opportunity.

Rich List 2025

Featured Rich Lister: Sir Michael Friedlander

When asked for an interview, media shy Michael Friedlander said only that ‘it wasn’t his company’s policy to give interviews’, but thanked NBR for the opportunity.

Analysis

Edwards on Politics

Does the Regulatory Standards Bill meet its own standards?

ANALYSIS: Officials say other approaches have not been explored in detail.

Brent Edwards Thu, 03 Jul 2025

Underarm

Bulls whip the bears on the ASX

ANALYSIS: It was a volatile year on the ASX but, in the end, it was a triumph for the bulls. Can the rally continue or is the market cruising for a major correction?

Lachlan Colquhoun Wed, 02 Jul 2025

Margin Call

Export-led recovery ahead for New Zealand

ANALYSIS: The strength in our export sector comes at a useful time, as the domestic New Zealand economy seems to have hit an air pocket in Q2.

Hamish Pepper Tue, 01 Jul 2025

Shoeshine

Multi-level marketing isn’t going away

ANALYSIS: Education seems to be the only protection against MLM infection.

Nicholas Pointon Mon, 30 Jun 2025

Investment

Six million customers exposed in Qantas hack

The airline says that a ‘significant’ proportion of the Manila call centre’s database is likely to have been stolen.

Lachlan Colquhoun Wed, 02 Jul 2025

Gold miner Santana to buy Ardgour Station

The $25m deal will acquire 2880ha of land near Tarras, for Santana's planned gold mine.

NBR Staff Wed, 02 Jul 2025

Domino’s shares dive on leadership turmoil

The stock slumped by 17% after the chief executive’s announcement.

Lachlan Colquhoun Wed, 02 Jul 2025

Economics

‘Mixed signals’ as businesses struggle in the here-and-now

The latest NZIER business survey reveals improved confidence about the months ahead with further interest rate relief.

Jonathan Mitchell Tue, 01 Jul 2025

RBNZ’s Hawkesby counters criticism of capital requirements

Finance Minister targets value for money, asking the central bank to look for cost efficiencies.

Jonathan Mitchell Wed, 25 Jun 2025

Exporters need to pay close attention to geo-political issues

They are at the forefront of businesses’ immediate concerns, Stephen Jacobi says.

Brent Edwards Tue, 24 Jun 2025

Politics

Supermarket change in Govt's plan for the next three months

Addressing the cost of living remains a key focus, says Christopher Luxon.

NBR Staff Thu, 03 Jul 2025

Govt reveals new ‘skills boards’ for vocational training

Employers will be able to trust that the system delivers skilled workers, Penny Simmonds says.

Brent Edwards Wed, 02 Jul 2025

Crown Research Institutes ready for tomorrow’s merger

CRIs are excited about the Institute of Bioeconomy Science and would sharpen focus on commerciality, Sue Bidrose says.

Brent Edwards Mon, 30 Jun 2025

Te Ao Māori

Championing kaupapa Māori in New Zealand business

Tainui Group Holdings chair Hinerangi Raumati Tu’ua on why kaupapa Māori is now essential to New Zealand’s corporate future.

Mike McRoberts Fri, 04 Jul 2025

Why the ‘Māori tax advantage’ is a myth

Public misconceptions about Māori business taxation are common but most Māori businesses pay the same taxes as any other, tax expert says.

Mike McRoberts Wed, 02 Jul 2025

Ngāti Toa acquires facilities management firm

Kā te Rama Switched On Group’s acquisition of PAE NZ positions it to become a leading force in NZ’s facilities management industry.

Mike McRoberts Tue, 01 Jul 2025

Primary Industries

PGG Wrightson liable for $780k in dairy farm misrepresentation

Supreme Court fixes damages in long-running stoush over the 2010 purchase of a dairy farm near Hokitika.

NBR Staff Thu, 26 Jun 2025

Puro NZ signs $16m cannabis export deal

South Island medical cannabis producer will supply UK pharmaceutical services company IPS Pharma.

NBR Staff Tue, 24 Jun 2025

Kiwi agritech Halter valued at $1.65b following $165m cap raise

Founder Craig Piggott says he and his team have maintained a ‘healthy’ stake in the company post-Series D.

Hamish McNicol Tue, 24 Jun 2025

Australia

Aussie telco Optus cops A$100m penalty for gouging customers

The telco has agreed that it took advantage of indigenous people in remote areas and people with poor English skills.

Lachlan Colquhoun Wed, 18 Jun 2025

Asic launches inquiry into ASX after settlement failures

The announcement is the latest move in the ongoing pressure on the ASX from Australia’s markets regulator and Reserve Bank.

Lachlan Colquhoun Mon, 16 Jun 2025

Queensland council lays out welcome mat for Kiwi businesses

There are 1100 New Zealand business owners and 23,000 Kiwis living in the City of Moreton Bay. The council wants more.

Lachlan Colquhoun Tue, 03 Jun 2025

Tech & Innovation

Datacom revenue stable thanks to AI and Australia

Largest local IT services company making profits and undergoing transformation after 60 years in the game.

Will Mace Wed, 02 Jul 2025

Pharmac v Health NZ: the dogfight over medical device procurement

Deputy Prime Minister David Seymour says a decision will be made this year, which is what he also said last year.

Fiona Rotherham Mon, 30 Jun 2025

Kea Aerospace is targeting $15m to build larger aircraft

The Christchurch-based company also secured Government funding for a research project with Nasa.

Fiona Rotherham Fri, 27 Jun 2025

Law

Watson fails to halt SEC insider trading claim

US court denies Eric Watson's motion to dismiss SEC complaint, orders answer within 21 days.

NBR Staff Thu, 03 Jul 2025

Liquidators waiting on $1m payment from car importer

Yujiro Fujisawa claims he never received a letter notifying him about a court hearing.

Nicholas Pointon Wed, 02 Jul 2025

Court freezes $5.7m Parnell deal, on behalf of mortgagee

Deal done without the knowledge of the lender, and in an ‘underhanded and unlawful’ manner.

NBR Staff Tue, 01 Jul 2025

Finance

TSB profit grows to $31.2m after lending growth, lower costs

The bank has also called for amendments to capital settings to bring ‘true proportionality’.

Jonathan Mitchell Mon, 30 Jun 2025

A foot on the accelerator: QuayStreet maps out future direction

The NZX acquired the active funds manager from Craigs Investment Partners in a deal worth more than $30m.

Hamish McNicol Mon, 30 Jun 2025

Changes forced at Senior Trust by FMA

The retirement village lender says it will no longer use investor capital to pay dividends.

Tim Hunter Thu, 26 Jun 2025

The NBR Podcast

Podcast #63: Rod Drury – my vision for New Zealand

LISTEN: The Xero co-founder says he’s saddened by what’s happening in New Zealand, but also outlines his nation building ideas.

Simon Shepherd Tue, 01 Jul 2025

Podcast #62: Keep calm and carry on, says veteran financial CEO

LISTEN: The world is going through volatile times, but it’s nothing new for Mercer’s long-serving financial CEO Martin Lewington. He’s stepping down – what’s his parting advice?

Simon Shepherd Tue, 24 Jun 2025

Podcast #61: Why NZ might never host another Rugby World Cup

LISTEN: Outgoing NZ Rugby CEO Mark Robinson on why the next six months are crucial for the game’s financial future.

Simon Shepherd Tue, 17 Jun 2025

General Business

Airwork Group goes into receivership

The formerly listed general aviation company has ended up in the hands of receivers after a shareholder breach of the group's banking facilities.

NBR Staff Wed, 02 Jul 2025

Foodstuffs North Island warned for likely breach of law

Grocery Commissioner Pierre van Heerden says warning relates to supermarket's treatment of a supplier.

NBR Staff Wed, 02 Jul 2025

Goodnature traps a global market opportunity

Gallagher's stake in the Wellington-based pest control company has helped open more overseas markets.

Jonathan Mitchell Thu, 26 Jun 2025

Deals

Stantec snaps up Christchurch engineering firm

The New York and Toronto-listed engineering consultancy has purchased Cosgroves for an undisclosed sum.

NBR Staff Mon, 30 Jun 2025

Aussie’s Shaw and Partners buys into Investment Services Group

ISG, which includes fund managers Devon, Clarity, and Tahito and the JMI Wealth adviser network, has $7 billion in assets under management.

NBR Staff Tue, 24 Jun 2025

Kiwi investment research tech firm Ranos acquired by BlueMatrix

BlueMatrix is backed by one of the world’s largest PE firms, Thoma Bravo.

Fiona Rotherham Wed, 18 Jun 2025

Tourism

Luxury lodge appeal: average rates close in on $3000 a night

Luxury travel is on the up across Australia and New Zealand, but most of NZ’s most sought after locations reside in foreign hands, according to latest research.

Brent Melville Wed, 02 Jul 2025

Skyline pre-tax profit doubles to $61m, despite casino write-down

Tourism operator absorbed impairments of $22m from its South Korean Tongyeong and Christchurch casino operations.

Brent Melville Tue, 01 Jul 2025

Govt invests another $3m to help bring business events to NZ

Business Events Industry Aotearoa's trade show kicked off at Eden Park last night with a light and laser show, and a funding announcement.

NBR Staff Wed, 11 Jun 2025

Infrastructure

Three regions selected for special deals with central government

The first three councils to begin negotiations are already part of urban growth partnerships with central government.

NBR Staff Wed, 02 Jul 2025

Ports and KiwiRail are in ‘boots and all’ with low-cost option

Agreements on commercial arrangements and cost sharing still to be reached.

Brent Edwards Tue, 01 Jul 2025

Watercare now liquid, after $3.4b debt raise

Australian banks take the lead in what was New Zealand’s largest corporate debt capital raise, as Watercare ‘decouples’ from its council parent.

Brent Melville Tue, 01 Jul 2025

Property

Queenstown construction firm owes creditors $7.5m

Formcrete Construction was placed into liquidation by director Dean Franklin last month, ahead of an attempt by Inland Revenue to have the company wound up.

NBR Staff Thu, 03 Jul 2025

Company linked to ‘property queen’ owes creditors $134k

Connors’ flagship company, Propellor Property Investments, was placed into liquidation at the request of Inland Revenue over unpaid debts.

Nicholas Pointon Wed, 02 Jul 2025

Unfinished business: Du Val apartments head to market

The troubled Verge development will have a ‘different sort of buyer’ than the brownfields development site next door, Colliers says.

Brent Melville Mon, 30 Jun 2025

Professional Services

MinterEllisonRuddWatts won’t comment on why partner exits

Steve Gallaugher had been a banking and finance partner since 2016.

Hamish McNicol Wed, 02 Jul 2025

New EY NZ boss Susan Jones pitches evolution, not revolution

A refreshed global strategy dubbed ‘All in’ rolls out today at the Big Four firm.

Hamish McNicol Tue, 01 Jul 2025

Profits slide at PwC Australia

PwC has become the first Big Four firm in Australia to release fully audited financial accounts.

Lachlan Colquhoun Fri, 20 Jun 2025

NBR Focus

Getting the basics right in Hawke’s Bay

What businesses want from local government on the East Coast.

Jonathan Mitchell Fri, 16 May 2025

Build it and they will come

ANALYSIS: Major investments, from a new stadium to ambitious private developments, are revitalising Christchurch and reshaping its economic future.

Mike McRoberts Thu, 15 May 2025

A mountain to climb in Queenstown-Lakes district

ANALYSIS: Stung by water and roading blow-outs, leaky building payouts, and ramped-up rates, the resort town is going through a tricky period.

Brent Melville Thu, 15 May 2025

Retail

EB Games NZ falls into red as AU loss worsens

Financial statements showed domestic operations plunged from a $321,000 profit to a $4.2m loss.

Kate McVicar Thu, 12 Jun 2025

Kiwi clothing company goes after ‘whale’ of markets

Cashmere retailer Elle + Riley is expanding into the US despite market wobbles.

Kate McVicar Fri, 06 Jun 2025

ComCom seeks crackdown on supermarket supplier rebates

A draft report on the Grocery Supply Code finds Foodstuffs and Woolworths receive subsidies from their suppliers of more than $5b a year.

NBR Staff Thu, 05 Jun 2025

Luxury Property

Melburnians head to Queenstown; golf and private forests

International interest continues to swirl around Queenstown, while Millbrook offers up one of its finest.

Brent Melville Thu, 26 Jun 2025

Precinct’s new York, Feng Shui and islands in the sun

Two of the year’s biggest deals are brewing on Glendowie’s Riddell, while a Hauraki Gulf island hits the market for a cool $60 million.

Brent Melville Wed, 28 May 2025

Trelise Cooper marooned in St Heliers; Cheshire’s Kohi beachhouse

NBR takes a look at what’s hot and what’s not in this introductory edition of Luxury Property.

Brent Melville Wed, 30 Apr 2025

Aviation News

Christchurch city launches Wigram museum appeal with $5m donation

The Air Force Museum needs $16m to house its Hercules and Orion aircraft.

Nevil Gibson Wed, 02 Jul 2025

Peter Owens,1940-2025: A born storyteller

Obituary: He knew the power of words to entertain, persuade, and build bridges.

Nevil Gibson Mon, 30 Jun 2025

China Eastern seeks fifth freedom rights for Southern Link

Carry On: Embraer deals, Pan Am retro flights, ATR’s 20-year forecast.

Nevil Gibson Sat, 28 Jun 2025

Energy

Orion funding dividends with debt, accounts show

The Christchurch Council-owned lines company says its dividend ‘aligns with the undertaking agreed in our Statement of Intent’.

Tim Hunter Mon, 30 Jun 2025

SolarZero investigation ‘ongoing and complex’

The second report from liquidators of the failed solar energy company shows hundreds of millions in contingent claims from special purpose financing vehicles.

Tim Hunter Thu, 26 Jun 2025

Tut-tut says A-G after Electra trashes $17.2m

Auditor-General says lines company’s retirement village foray a ‘timely reminder’ of need for high governance standards.

Tim Hunter Tue, 24 Jun 2025

Rich List 2025

Featured Rich Listers: Fukutake family

The Fukutake family has a goal to create a network of 100 New Zealand businesses and projects through its Still family office.

Owen Poland Fri, 04 Jul 2025

Featured Rich Listers: Sir Peter Jackson and Dame Fran Walsh

Sir Peter Jackson and Dame Fran Walsh have become globally feted directors/producers and are credited with establishing New Zealand as a Hollywood film destination.

Nicholas Pointon Wed, 02 Jul 2025

Featured Rich Lister: Rod Drury

Sport seems to be the over-arching theme in Rod Drury’s life, but there’s still work to be done, like solving Queenstown’s public transport issues so he can more easily reach his favourite trails.

Will Mace Tue, 01 Jul 2025

Marketing & Media

Ogilvy restructures its local operations

The company is shedding its advertising arm, which is being consolidated into a related entity.

NBR Staff Fri, 13 Jun 2025

Stuff says it won’t rekindle acquisition talks with NZME

But NZME hinted at its annual meeting it is still keen on Stuff’s publishing assets.

Nicholas Pointon Tue, 03 Jun 2025

Trade Me acquires a 50% stake in Stuff Digital

The deal sees Trade Me acquire a stake in the company that owns the stuff.co.nz website.

Nicholas Pointon Tue, 03 Jun 2025

Comings & Goings

Anna Scott to head Mercer New Zealand

Former Smart boss will begin her new role on October 1.

Thu, 03 Jul 2025

GHD’s new global chair to be based in New Zealand

Ian Fraser is currently chief executive for the Asia Pacific region for the professional services company.

Thu, 03 Jul 2025

Construction lawyer rejoins Simpson Grierson

Lisa Curran has been promoted to a partner in the firm’s national construction law practice.

Thu, 03 Jul 2025

Shoplifters beware, more surgeries, SOEs, regional deals and gas

Shoplifters beware, more surgeries, SOEs, regional deals and gas

Infrastructure, Nato, local government, regulation, tax

Scrutiny Week, foot in mouth, overriding councils, and acting PM

Free News Alerts

Qantas ushers in new era with first A321XLR

Qantas ushers in new era with first A321XLR

Featured video: The family business

Featured video: The family business

This is why nobody trusts supermarkets

This is why nobody trusts supermarkets

Formcrete failure has ‘no impact’ on Queenstown developments

Supreme Court rebuffs Wikeley fraud appeal

FMA dives deeper into Senior Trust

Someone is wrong about Trump’s Big Beautiful Bill

Would it be a mistake to pause the OCR next week?

TruScreen lifts trading halt after ‘administrative error’

This is why nobody trusts supermarkets

Vital board recommends shareholders accept ‘low’ Tait takeover

FMA dives deeper into Senior Trust

Formcrete failure has ‘no impact’ on Queenstown developments

THL guidance, future earnings impacted by US

Supreme Court rebuffs Wikeley fraud appeal

Why the ‘Māori tax advantage’ is a myth

‘Don’t talk to me about climate reporting’: Dame Joan Withers

Someone is wrong about Trump’s Big Beautiful Bill

Would it be a mistake to pause the OCR next week?

Podcast #63: Rod Drury – my vision for New Zealand

Watson fails to halt SEC insider trading claim

THL guidance, future earnings impacted by US

Vital board recommends shareholders accept ‘low’ Tait takeover

Contact agrees gas supply deal with Greymouth Petroleum

New dental treatment for children about to be commercialised

FMA says its hands were tied over Du Val warning or action

Retirement housing provider GemLife makes strong ASX debut

Retirement housing provider GemLife makes strong ASX debut

‘Don’t talk to me about climate reporting’: Dame Joan Withers

‘Don’t talk to me about climate reporting’: Dame Joan Withers

Featured Rich Lister: Sir Michael Friedlander

Featured Rich Lister: Sir Michael Friedlander

Does the Regulatory Standards Bill meet its own standards?

Bulls whip the bears on the ASX

Export-led recovery ahead for New Zealand

Multi-level marketing isn’t going away

Investment

Six million customers exposed in Qantas hack

Gold miner Santana to buy Ardgour Station

Domino’s shares dive on leadership turmoil

Economics

‘Mixed signals’ as businesses struggle in the here-and-now

RBNZ’s Hawkesby counters criticism of capital requirements

Exporters need to pay close attention to geo-political issues

Politics

Supermarket change in Govt's plan for the next three months

Govt reveals new ‘skills boards’ for vocational training

Crown Research Institutes ready for tomorrow’s merger

Te Ao Māori

Championing kaupapa Māori in New Zealand business

Why the ‘Māori tax advantage’ is a myth

Ngāti Toa acquires facilities management firm

Primary Industries

PGG Wrightson liable for $780k in dairy farm misrepresentation

Puro NZ signs $16m cannabis export deal

Kiwi agritech Halter valued at $1.65b following $165m cap raise

Australia

Aussie telco Optus cops A$100m penalty for gouging customers

Asic launches inquiry into ASX after settlement failures

Queensland council lays out welcome mat for Kiwi businesses

Tech & Innovation

Datacom revenue stable thanks to AI and Australia

Pharmac v Health NZ: the dogfight over medical device procurement

Kea Aerospace is targeting $15m to build larger aircraft

Law

Watson fails to halt SEC insider trading claim

Liquidators waiting on $1m payment from car importer

Court freezes $5.7m Parnell deal, on behalf of mortgagee

Finance

TSB profit grows to $31.2m after lending growth, lower costs

A foot on the accelerator: QuayStreet maps out future direction

Changes forced at Senior Trust by FMA