KMD launches deeply discounted $65.3m raise; chair to step down

Trading in the company's shares has been on hold while the company sorted details of a capital raise and its interim results.

‘Extremely disappointed and surprised’: PharmaZen in receivership

The USX-listed nutraceutical company has accused BNZ Bank of refusing to meet with a major investor who wanted to recapitalise the business.

NZX50 joins global rout as Fletcher, Westpac lead decline

New Zealand’s govt is preparing to shift to phase two in its fuel plan if need be.

Conway urges caution over the impact of Iran war

WATCH: RBNZ chief economist discusses inflation pressures and New Zealand’s fragile economic recovery.

RBNZ risks repeating Covid-era mistakes on Iran, academic warns

WATCH: Dr Anna Breman says the Monetary Policy Committee won’t jump on the immediate fuel shock.

Short-lived disruption ‘can and should’ be looked through: RBNZ

RBNZ governor Anna Breman is delivering a speech on the immediate risks from the Iran conflict on inflation and growth.

Government’s tone gets more serious as Iran conflict drags on

New Zealand ‘gravely concerned’ about the trajectory of the conflict, says Christopher Luxon.

Govt releases four-phase plan to respond to Middle East war

Finance Minister Nicola Willis says Govt is planning for worst-case scenario, although there is ‘no immediate cause for alarm’.

Private sector tapped to help modernise Motor Vehicle Registry

The Government is assessing changes to New Zealand's land transport system.

Fastest-growing construction firm rings in success

Stronghold Group has grown from a small Auckland building contractor into the country’s fastest growing construction firm, with owners Quincy and Karalee Tangiau backing values, relationships, and careful reinvestment over outside capital.

Ruapuke wins customary marine title, again

A High Court ruling has confirmed Ruapuke Island Group whānau hold the title again, after law changes pushed the case back to court.

Māori call for change to traditional capitalist model

A new investment framework argues New Zealand must move from shareholder primacy to intergenerational thinking.

Heinz Wattie’s confirms 300 jobs axed

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

Creditors vote to put MyFarm Rockit partnership into liquidation

Rākete Orchards GP and Rākete Orchards LP owe creditors $12m.

Large fruit exporter said to be facing ‘cash crunch’

Consolidated Fruits, better known as Kiwi Crunch, employs hundreds of people in Hawke’s Bay and Central Otago.

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.

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

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

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.

Cleantech company Alimentary raises $7.7m for first plant

It has developed an anaerobic digestion system to solve problems for ageing sludge ponds in many of the country’s wastewater treatment plants.

Halter touting new valuation of more than $3.4 billion

The funding round would double Kiwi startup’s previous valuation of $1.6 billion.

Swyftx in talks to sell Easy Crypto’s stablecoin business

The Australian-based crypto trading platform does not want to be a cryptocurrency issuer.

Crown breached contract with midwives over fair pay, court rules

College of Midwives says successful class action is likely to result in ‘substantial’ damages.

Matthew Pringle case raised in UK Westminster Hall push for law

The Manuka Doctor founder is at the centre of a campaign to better recognise reproductive coercion in the law.

Court finally rules on discovery in FMA’s Booster case

A dispute over document disclosure, adjourned since last April, is resolved in favour of the FMA.

BlackBull Markets sounding out investor interest

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

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.

RBNZ rejected expert advice about capital requirements for banks

Three independent experts were ‘lukewarm’ about changes, but the central bank proceeded with relaxing the requirements.

Podcast #96: Supercritical geothermal

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

Podcast #95: Fuel shock clips Air NZ’s wings

LISTEN: Airline suffers from the ‘crack spread’, so what can we do about fuel security?

Podcast #94: The future of banking

LISTEN: Would you trust an AI agent with your money?

NZ Media Council upholds complaint over NBR article

The story named a former FMA staffer in reporting about an investigation into the FMA chair.

BlueScope appoints Robin Davies CEO of Australia, NZ, and Pacific

Executive has added the Australian business to his remit as the steel company fields fourth takeover offer.

New name for Alvarium Wealth

The business will now be known as Helm Wealth Advisory, to distinguish from its majority owner and Auckland FC sponsor.

Halter confirms $3.4b valuation after $377m Series E

Peter Thiel’s Founders Fund led the latest capital raise for the Kiwi agritech unicorn.

Whip Around secures majority investment from PE firm Accel-KKR

One of its early investors, CEO Noah Hickey, will continue to run the company from the US.

Magellan to transform with A$1.6b Barrenjoey deal

The deal goes against the industry trend, and integrates investment banking and funds management.

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.

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.

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.

Bishop stares down Auckland’s ‘$4b’ volcanic view shafts

Housing and Infrastructure Minister discloses $2500 ‘per household’ as the cost of preserving the lines of sight.

Developers raise ‘serious questions’ over Auckland water deal

Watercare says an ‘inherited’ agreement with Veolia in South Auckland, and a watertight confidentiality clause, leaves Auckland's relationship with the French multinational on an uncertain footing.

ACC stumps up with $300m for new PPP fund

Fund manager Zealandia is looking at a wholesale fund raise of up to $600 million, with a minimum investment of $5m, or $2m for iwi investors.

Small win for golfers, as 18ha retained at Takapuna GC

The Kaipātiki local board has decided to retain a strong sports and community element at the AF Thomas Park, although finer details still have to be ironed out.

Back to the office: ‘disengagement’ is over, research says

There are signals the office market is set for a rebound, getting back to levels last seen before the Global Financial Crisis.

Govt looks to hand over historic Chateau Tongariro

Conservation Minister Tama Potaka says requests for proposals will close on April 20, with submitters still liable to meet DoC’s concession requirement.

Technical glitch throws accounting exams into chaos

The exam provider has also won a major contract with the Ministry of Education.

Legal industry scrambling on AI, Law Association president says

But international conferences tells Tony Herring it might not change the profession as much as first thought.

First of its kind: litigation boutique launches in Christchurch

Shane Campbell and Thomas Westaway have teamed up to offer a new kind of disputes practice in the South Island.

Election 2026: The battle for Auckland

From red tide to blue wave – what will it be this time?

Election 2026: Māori seats in the spotlight

A fractured Waitangi, a looming court ruling, a Labour reset, and a referendum threat have thrust the Māori electorates back to the centre of election year politics.

Election 2026: Will voters care about the deficit?

Forty years ago, former Prime Minister Robert Muldoon said people wouldn’t know a deficit if they tripped over it.

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

The proposal could lead to unintended consequences, says BusinessNZ.

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.

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.

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.

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.

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.

Gulf carriers carry on during Middle East conflict

Carry On: China-North Korea resumption, AerCap’s Airbus deal, new routes.

Jetstar cutting domestic and trans-Tasman flights, 12% affected

Qantas-owned carrier says the cuts are due to rising fuel costs, but also engineering and fleet requirements.

Hamilton Airport runway gets $9.8m upgrade for larger aircraft

Government backs regional airport development but operators say costs are too high.

Govt mulls levy to fund more diesel storage

Channel Infrastructure says it would take several months to convert former crude oil tanks to store a further week’s supply.

Mobil NZ on the block, says report

Oil multinational has previously said it wants to ‘high-grade’ its assets.

Onslow pumped hydro referred for ‘fast track’ consenting

Scheme is ‘an absolute gamechanger’, says project director Keith Turner.

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.

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.

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.

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

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

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 bans banking giant Macquarie for alleged copyright breaches

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

Law Association of NZ elects new vice-president

Samira Taghavi takes over the role from Julie-Anne Kincade KC, who will continue to work with The Law Association as a council member.

Facilities management company Kā te Rama names Peter Lord as CEO

New interim chief financial officer for Tower

Simon Hoole will take over the role from May 1.