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Tue 14 Apr 2026 07:57:53pm

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MARKET MOVEMENTS

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NBR Focus

The Accountants 2026: Selling the ‘sizzle’ of being an accountant

ANALYSIS: New data shows an increase in accounting enrolments for the second year running.

Kate McVicar Wed, 15 Apr 2026

NBR Focus

The Accountants 2026: Selling the ‘sizzle’ of being an accountant

ANALYSIS: New data shows an increase in accounting enrolments for the second year running.

Kate McVicar Wed, 15 Apr 2026

Latest News

Underarm

ASX readies for the Oliver Curtis redemption story

ANALYSIS: Firmus is shaping up as the biggest IPO on the ASX this decade, but sceptics say the optimism is built more on hype than solid foundations.

Underarm

ASX readies for the Oliver Curtis redemption story

ANALYSIS: Firmus is shaping up as the biggest IPO on the ASX this decade, but sceptics say the optimism is built more on hype than solid foundations.

Lachlan Colquhoun Wed, 15 Apr 2026

General Business

Fear factor: Buyers paying a premium as EV sales spike

The Iran war has been a silver lining for new and used car dealers selling electric vehicles as oil prices remain volatile.

General Business

Fear factor: Buyers paying a premium as EV sales spike

The Iran war has been a silver lining for new and used car dealers selling electric vehicles as oil prices remain volatile.

Jonathan Mitchell Wed, 15 Apr 2026

NBR Focus

The Accountants 2026: Turning EY into a one-stop-shop

New Zealand country managing partner Susan Jones on firehoses, going to market, and the return of accounting students.

NBR Focus

The Accountants 2026: Turning EY into a one-stop-shop

New Zealand country managing partner Susan Jones on firehoses, going to market, and the return of accounting students.

Hamish McNicol Wed, 15 Apr 2026

Tue 14 Apr 2026 07:57:17pm

MARKET MOVEMENTS

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Latest News

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General Business

Triangle Steel liquidators working the angles

NBR Focus

The Accountants 2026: ‘The brakes have been on for two years’

Investment

Scales: Apples sent to Middle East not getting through

Property

‘Complex’ St James Theatre makeover pegged at $50m

Morning Brew

Trump hints at new Iran peace talks; IMF cuts global outlook

Te Ao Māori

Iwi-owned company wins $1 billion Defence Force contract

NBR Focus

The Accountants 2026: Selling the ‘sizzle’ of being an accountant

Underarm

ASX readies for the Oliver Curtis redemption story

Investment

Scales: Apples sent to Middle East not getting through

General Business

Triangle Steel liquidators working the angles

General Business

Fear factor: Buyers paying a premium as EV sales spike

Property

‘Complex’ St James Theatre makeover pegged at $50m

Edwards on Politics

The fishhooks in National’s coalition agreement with NZ First

Te Ao Māori

Apple growers aim to blend Māori knowledge with science

Politics

The Auckland deal: Like any ceasefire, slow to take effect

Margin Call

Who will buy the NZ government’s debt?

On the Money

Why private equity returns aren’t what they seem

General Business

Bringing more than money for SMEs scaling globally

Editor's picks

Infrastructure

Television and film studio near Queenstown gets the green light

Fast-track expert panel believes the Ayrburn Screen Hub will have significant regional economic benefits.

Economics

Economist warns RBNZ not to be reckless with early OCR hikes

Kiwibank chief economist Jarrod Kerr calls for cool heads, while other banks become more hawkish with rate predictions.

Investment

Qantas cuts domestic capacity due to war and fuel prices

Qantas had already announced cuts to Jetstar New Zealand flights due to the Middle East conflict.

Investment

Michael Hill ditches three of its brands

The listed jeweller is slimming down to focus on its two main brands.

Featured

NBR Focus

The Accountants 2026: $2b industry sheds 1000 jobs in two years

ANALYSIS: NBR’s fifth annual series assessing the size and shape of NZ’s largest accounting firms shows the impact of a continued economic slump.

NBR Focus

The Accountants 2026: Reconciling with AI

ANALYSIS: How the country’s largest accounting firms are weighing the opportunities, and the risks, of using artificial intelligence.

NBR Focus

The Accountants 2026: Reconciling with AI

ANALYSIS: How the country’s largest accounting firms are weighing the opportunities, and the risks, of using artificial intelligence.

NBR Focus

The Accountants 2026: Mid tier benefitting from audit shakedown

Moore Markhams chair Sam Bassett on industry talent shortages, competing with AI, and the sustainability of New Zealand’s retirement age.

NBR Focus

The Accountants 2026: Mid tier benefitting from audit shakedown

Moore Markhams chair Sam Bassett on industry talent shortages, competing with AI, and the sustainability of New Zealand’s retirement age.

The NBR Podcast

Podcast #99: The Accountants – Job losses & AI

LISTEN: The fifth series of NBR's The Accountants series reveals a $2b industry that's finding it tough. So, why are students showing renewed interest in studying the art of numbers?

The NBR Podcast

Podcast #99: The Accountants – Job losses & AI

LISTEN: The fifth series of NBR's The Accountants series reveals a $2b industry that's finding it tough. So, why are students showing renewed interest in studying the art of numbers?

Short videos

NBR Focus

The Accountants: Full Investigation

0:00

Politically Speaking

Conflict: RBNZ discusses impact on inflation

0:00

Politically Speaking

Responding to Trump’s rhetoric – Winston in Washington

0:00

Underarm

Sydney's new airport, Western Sydney International (WSI)

0:00

Dollars & Sense

Debate: Economic fallout from the Iran war

0:00

Politically Speaking

Cabinet reshuffle sees Chris Bishop replaced

0:00

Politically Speaking

Dealing with the fuel crisis

0:00

The NBR Podcast

Podcast: ‘Unicorn’ Halter rounds up a big raise

0:00

Politics

A $22b opportunity: businesses push for climate policy stability

0:00

Politically Speaking

Fuel: Willis, not Luxon, is leading the way

0:00

Politically Speaking

No “senseless virtue signalling” signals Peters

0:00

The NBR Podcast

Shane Jones on geothermal energy

0:00

Economics

Inflation pressures and NZ’s fragile economic recovery

0:00

Economics

RBNZ risks repeating Covid-era mistakes on Iran

0:00

Shoeshine

When a kill chain refusal becomes a supply chain risk

0:00

Politically Speaking

When the personal becomes political

0:00

Politically Speaking

Fuel shock: Potential targeted response

0:00

The NBR Podcast

Is AI the future of banking?

0:00

Politically Speaking

Media questioned Luxon’s leadership

0:00

Politically Speaking

Covid-19 inquiry just fuel for election year?

0:00

Read full story

Analysis

Margin Call

Who will buy the NZ government’s debt?

ANALYSIS: Or, how can policies keep debt on a sustainable path so investor confidence remains intact?

Quin Casey Tue, 14 Apr 2026

Shoeshine

Bremworth deal gets woolier by the day

ANALYSIS: The Commerce Commission is taking forever to decide whether Mohawk Industries might be a wolf in sheep’s clothing.

Nicholas Pointon Mon, 13 Apr 2026

NBR Focus

The Accountants 2026: Smaller firms seeking scale through AI

ANALYSIS: No one wants to get left behind in the push towards AI, but some small and medium firms are taking larger strides than others.

Kate McVicar Mon, 13 Apr 2026

Economy Matters

Curriculum change unlikely to fix financial literacy on its own

ANALYSIS: If we do not learn from what has and has not worked over the past two decades, we risk repeating a familiar pattern.

Hillmarè Schulze Mon, 13 Apr 2026

Categories

Investment

NZX50 misses out on optimism over Iran conflict

And ASX-listed Cuscal is buying Paymark for A$27 million.

Curious News Tue, 14 Apr 2026

Green Cross confirms talks on sale of GP clinics

Disclosure follows Australian media report revealing Adamantem Capital as a potential buyer.

Tim Hunter Tue, 14 Apr 2026

NZX50 slumps as Trump orders Iran blockade

And A2 Milk sinks on profit warning.

Curious News Mon, 13 Apr 2026

Economics

NZ economic recovery will slow but recession unlikely: Rabobank

WATCH: The timing around rate hikes is still uncertain as the Iran war keeps inflation higher for longer.

Jonathan Mitchell Thu, 09 Apr 2026

OCR on hold as Middle East war turns to ceasefire

RBNZ governor warned the central bank would act ‘decisively and timely’ to raise the OCR if medium term inflation pressures were baked in and wages were rising.

Jonathan Mitchell Wed, 08 Apr 2026

Middle East war shocks fragile New Zealand economy

WATCH: Dollars & Sense debates the economic fallout from the Iran war.

Jonathan Mitchell Tue, 07 Apr 2026

Politics

The Auckland deal: Like any ceasefire, slow to take effect

Council ignores ‘importance’ of new fast-track projects to Government, drags Sunfield to court, while Act takes umbrage at Wayne Brown’s views on higher density development.

Brent Melville Mon, 13 Apr 2026

NZ urged to help poorer countries deal with climate change

New Motu report says altruism alone is unlikely to overcome public opposition to the idea.

Brent Edwards Fri, 10 Apr 2026

US and Iran agree two-week ceasefire before escalation deadline

PM Christopher Luxon criticised US President Donald Trump’s threat that ‘a whole civilisation will die’ if Iran did not heed his demand about re-opening the Strait of Hormuz.

Lachlan Colquhoun and Brent Edwards Wed, 08 Apr 2026

Te Ao Māori

Apple growers aim to blend Māori knowledge with science

A Wairoa orchard trial will test whether management guided by the Māori lunar calendar can cut chemical use and still thrive as a commercial apple business.

Mike McRoberts Fri, 10 Apr 2026

Waititi, Curtis and Momoa buy Studio West

Filmmakers Taika Waititi, Cliff Curtis and Jason Momoa have bought Glen Eden production facility Studio West, giving their Āriki Group its first confirmed foothold in West Auckland screen infrastructure.

Mike McRoberts Thu, 02 Apr 2026

Pounamu court case exposes flaws in the law

ANALYSIS: The first successful Customs prosecution over pounamu exports has delivered a guilty verdict, but the bigger issue now is whether the law is clear enough, and whether the public understands it.

Mike McRoberts Wed, 01 Apr 2026

Primary Industries

Willis told to ask Lactalis about NZ’s investment rules

A paper obtained by NBR shows the Treasury also suggested the French multinational might develop its own milk supply.

Brent Edwards Wed, 08 Apr 2026

BNZ to come up short following Rockit entities' asset sales

BDO has entered agreements to sell assets, but doesn’t expect the bank to recoup the full amount owing to it.

Kate McVicar Mon, 30 Mar 2026

Heinz Wattie’s confirms 300 jobs axed

Three manufacturing facilities in Auckland, Christchurch, and Dunedin – as well as Hastings packing line – will close.

NBR Staff Fri, 27 Mar 2026

Australia

Canva posts A$1b in statutory losses as market awaits IPO

News of the losses come as the ‘SaaSpocalypse’ could test the company’s US$65b valuation.

Lachlan Colquhoun Mon, 30 Mar 2026

Binance cops A$10m penalty for mis-selling crypto derivatives

In addition to the penalty, Binance has paid A$13m in compensation.

Lachlan Colquhoun Mon, 30 Mar 2026

RBA hikes rates for second time this year

With the official interest rate differential with NZ now at 1.85%, the Australian dollar is at historic highs against the NZD.

Lachlan Colquhoun Tue, 17 Mar 2026

Tech & Innovation

Soul Machines owes $19.5m in receivership

The company, co-founded by double Oscar winner Mark Sagar, created AI ‘digital workers’.

NBR Staff Mon, 13 Apr 2026

Serko’s multi-agent AI tool will connect ‘fractured’ market – CEO

Listed business travel booking specialist is seeking to broaden its usefulness as an end-to-end travel companion via its new AI tool.

Will Mace Fri, 10 Apr 2026

More cancer patients likely to benefit from new BioOra deal

The deal will help patients in new markets to receive Car T-cell therapy.

Fiona Rotherham Wed, 08 Apr 2026

Law

Guilty verdict in East Wind Ponzi case

Yuko Hanyu will be sentenced in July.

NBR Staff Tue, 14 Apr 2026

CBL boss admits IPO breaches

The Financial Markets Authority says it has reached a settlement in its claims against former managing director Peter Harris.

Tim Hunter Mon, 13 Apr 2026

A2 Milk faces revived NZ claim after Aussie settlement

The $75m deal will lift a stay on New Zealand class action with more than 3000 members.

Tim Hunter Thu, 09 Apr 2026

Finance

Specialist lenders’ book boosted by jump in business loans

Loan applications and approvals are up, says a new report, but impairments are also at their highest levels in five years.

Brent Melville Tue, 31 Mar 2026

BlackBull Markets sounding out investor interest

The Auckland-based trading platform is said to be seeking a dual listing in Australia and New Zealand.

Hamish McNicol Wed, 25 Mar 2026

How lower fees could have a big impact on your KiwiSaver

ANALYSIS: Part four of a series examining how much you need to save for retirement.

Brent Sheather Sun, 22 Mar 2026

The NBR Podcast

Podcast #98: NZ small businesses ‘lack ambition’

LISTEN: The engine room of New Zealand ranks poorly on growth and technology compared to our Asia Pacific neighbours.

Simon Shepherd Tue, 07 Apr 2026

Podcast #97: ‘Unicorn’ Halter rounds up a big raise

LISTEN: Craig Piggott on what's next after his agritech startup doubled its valuation in just nine months.

Simon Shepherd Tue, 31 Mar 2026

Podcast #96: Supercritical geothermal

LISTEN: It’s been described as a ‘moonbeam’ but is the answer to electricity sovereignty right beneath our feet?

Simon Shepherd Tue, 24 Mar 2026

General Business

Insurers count cost from Cyclone Vaianu

Lucky escape for many households as damage bill likely to be lower than first feared.

Jonathan Mitchell Tue, 14 Apr 2026

Iran accuses US of ‘illegal action’ in war; oil back above US$100

And a US Federal Court dismisses Donald Trump’s lawsuit against media baron Rupert Murdoch and The Wall Street Journal.

Jonathan Mitchell Tue, 14 Apr 2026

SPQR director cops 8.5 year ban

Creditors of the iconic Auckland restaurant, which failed in 2024, are still owed about $2.3m.

Nicholas Pointon Tue, 14 Apr 2026

Deals

‘The time is right’: Why Rangatira offloaded transport firm

Rangatira CEO Mark Dossor says Stuart Drummond Transport has navigated challenging economic conditions with a solid platform to expand.

Jonathan Mitchell Fri, 10 Apr 2026

What newbie non-bank lender Runway plans to do with Lock Finance

The specialist in invoice and receivables finance has been acquired by a company backed by Marko Bogoievski and Jonathan Reid.

Fiona Rotherham Thu, 09 Apr 2026

Making millionaires: PartsTrader deal struck at $650m

Founders of the auto parts marketplace would have had a $73.5 million return after the sale of the company was concluded in February.

Brent Melville Thu, 02 Apr 2026

Tourism

Billionaire Kwek Leng Beng picks The Mayfair

After a failed bid for NZ’s only listed hotel group, the Singaporean hotelier has selected the five-star hotel as the first in the southern hemisphere to join his elite collection.

Brent Melville Mon, 30 Mar 2026

THL shares retrace losses, as Trouchet departs

Share price recovery follows initial hit in the wake of travel and oil price fears on the US/Israel-Iran conflict.

Brent Melville Tue, 03 Mar 2026

Tourism Holdings profits up 17%, opens door to new offer

Company chair signals the motorhome company is open to a revised bid from the Apollo RV founder consortium or ‘other potential bidders’ at above $663m level.

Brent Melville Mon, 23 Feb 2026

Infrastructure

Tropical Cyclone Vaianu shuts North Island ports

Country’s two largest ports say operations will be suspended from Friday to Monday.

NBR Staff Fri, 10 Apr 2026

Council may write off $54m Eden Park debt under new Govt ‘deal’

Auckland Cricket will also exit the stadium grounds after a regional deal to provide $10 million for the development of Colin Maiden Park.

Brent Melville Fri, 10 Apr 2026

S&P raises concerns about rates caps for New Zealand councils

It says councils are likely to have to defer or cancel spending on infrastructure.

Brent Edwards Thu, 02 Apr 2026

Property

Three key JLL staff head to Savills

The personnel losses come as the global realtor moves to sublease about half its Auckland head office space.

Brent Melville Tue, 14 Apr 2026

No ‘scalable’ rental options, as build-to-rent flatlines

Build-to-rent investment has fallen 90% over the past four years, with cost of debt shuttering institutional investment plans.

Brent Melville Tue, 14 Apr 2026

‘Biggest southern deal’ as Tait campus hits market at $70m

Property syndicator GEK Property looks to cash out at a $12 million premium to its purchase price eight years ago.

Brent Melville Wed, 08 Apr 2026

Professional Services

FMA’s ongoing ‘going concern’ concerns

Latest Financial Statements Monitoring Insights report highlights several areas of reporting concerns for the market regulator.

Hamish McNicol Thu, 09 Apr 2026

Lane Neave managing partner retires

He will be replaced by litigation partner Ben Russell.

Hamish McNicol Wed, 01 Apr 2026

New MinterEllisonRuddWatts boss talks up Australian opportunity

Former Vital Healthcare Property Trust CEO Aaron Hockly became the law firm’s head this month.

Hamish McNicol Tue, 31 Mar 2026

NBR Focus

The Accountants 2026: Some KPMG staff already using AI agents

New Zealand chief executive Jason Doherty on slow economic recoveries, the attractiveness of accounting, and AI agents.

Hamish McNicol Tue, 14 Apr 2026

The Accountants 2026: Deloitte sees AI freeing up 25% of capacity

New Zealand chief executive Mike Horne on hockey sticks, audit changes, the impact of AI, and the future of professional services.

Hamish McNicol Tue, 14 Apr 2026

The Accountants 2026: Agri dollar bolsters South Island clients

PlusMore Group chief executive and managing director Dan Henderson on a regional divide in client performance, embracing AI, and accounting ‘unicorns’.

Kate McVicar Mon, 13 Apr 2026

Retail

The risks of extending the right to make a citizen’s arrest

The proposal could lead to unintended consequences, says BusinessNZ.

Brent Edwards Thu, 12 Mar 2026

The man who helped build Kathmandu and Macpac – then walked away

Alchemy Equipment founder Campbell Junor on working in other people’s operations before building his own.

Kate McVicar Wed, 11 Mar 2026

Proven entrepreneur hopes to repeat success with skincare venture

Teen-focused skincare brand Evre is expanding its North American presence and looks to raise at least US$2m.

Kate McVicar Mon, 09 Mar 2026

Luxury Property

Glendowie golden visa, Bayswater watch, what £20k bought in 1967

Offshore buying proves a bright spot in otherwise slow recovery for high-end properties – and as Middle Eastern buyers start looking.

Brent Melville Wed, 25 Mar 2026

First Light’s Hickey sells in Ongaonga, Seselj buys in Herne Bay

‘You wouldn’t want to leave your cell phone at one end of this home’, realtor says.

Brent Melville Wed, 25 Feb 2026

Coatesville club, Tuscan in Waimauku, $10m Albert St views

International buyers ramp up interest for homes above $5m; Aussie developer sells down Albert St tower, digs into Queenstown.

Brent Melville Wed, 28 Jan 2026

Aviation News

Gulf airline slashes airfares in response to Mid-East conflict

Carry On: Virgin Australia goes retro, Iata forecast, new routes.

Nevil Gibson Sat, 11 Apr 2026

Air India confirms Campbell Wilson's resignation as CEO

The New Zealander's four-year tenure was marred by a fatal crash in July 2025.

Nevil Gibson Wed, 08 Apr 2026

United to add 250 aircraft to fleet over next two years

Carry On: Business jet sales, Twin Otter milestone, new routes.

Nevil Gibson Sat, 04 Apr 2026

Energy

Too early to say when Iran ceasefire will lower fuel prices

New Zealand still has adequate supply levels as Easter fuel demand fell due to high prices.

Jonathan Mitchell Thu, 09 Apr 2026

UK oil and gas company makes Taranaki play

The Sunda Energy deal points to renewed offshore interest in New Zealand’s petroleum sector, says the Government.

Mike McRoberts Thu, 09 Apr 2026

Monopoly Watch backs Gull/NPD merger

Submission to Commerce Commission says fuel companies need bulk to compete with Z Energy and BP.

NBR Staff Thu, 09 Apr 2026

Rich List

40 years of the Rich List: 2006 Trade Me sale’s 17 millionaires

In the lead-up to the 40th edition of the Rich List in June, NBR is opening the archives to reproduce some of the best content from the past four decades.

NBR Staff Fri, 27 Mar 2026

40 years of the Rich List: Graeme Hart named first billionaire

In the lead-up to the 40th edition of the Rich List in June, NBR is opening the archives to reproduce some of the best content from the past four decades.

NBR Staff Fri, 27 Feb 2026

40 years of the Rich List: a look back to 1990

In the lead-up to the 40th edition of the Rich List in June, NBR is opening the archives to reproduce some of the best content from the past four decades.

NBR Staff Fri, 30 Jan 2026

Marketing & Media

TVNZ’s interim profit falls as one-off costs bite

The state broadcaster will pay an interim dividend of $1.3m to the Crown.

NBR Staff Fri, 06 Mar 2026

Leaked emails reveal SkyCity breached NBR copyright

The listed casino operator had been distributing PDF copies of NBR articles to staff using just one subscription.

NBR Staff Wed, 21 Jan 2026

NBR bans banking giant Macquarie for alleged copyright breaches

Investigations suggest the A$79b market cap firm shared one subscription among dozens of staff.

NBR Staff Fri, 16 Jan 2026

Comings & Goings

MartinJenkins appoints new lead to oversee AI strategy

Jarred Griffiths has been nationally recognised for his work with local government.

Wed, 15 Apr 2026

Fonterra names Richard Allen as new CEO

Allen is an internal promotion, and started at Fonterra as a graduate in 2008.

NBR Staff Mon, 13 Apr 2026

Mercer creates new role in leadership team

Catherine Pollock brings extensive experience in business development, market education, and investor and advisor relations.

Wed, 08 Apr 2026