News
Investors advised to moderate expectations for growth
Investors are being told to prepare for lower rates of return on their investments over the coming year.
Mixed success for venture capital and growth funds
Venture capital and growth funds are having mixed success in meeting targets in what has been the best year in more than a decade for fund raisers.
Credit unions and finance companies face tough times
A recent survey of credit unions and other finance companies has found the sector is facing a tough lending environment, with a myriad of competitors and rapid technological changes.
Importers more positive than exporters on outlook for the kiwi
The New Zealand dollar is expected to remain steady over the coming year although policies of US President-elect, Donald Trump, could prove to be a wild card.
NZME, Fairfax hit back at Commerce Commission over merger criticisim
The Commerce Commission strayed beyond its remit in its initial negative reaction to a proposed merger by Fairfax and NZME, the media companies say.
Trans-Tasman banking and legal experts focus on blockchain
Legal and banking experts are working to form a framework to regulate the game-changing blockchain technology, driving Bitcoin and other cryptocurrencies.
Digital disruption and red tape top directors' concerns - survey
Company directors are more optimistic about the economy, but boardrooms are fretting about the threat to their businesses from new technologies, red tape and labour shortages.
Abano looks to dental for growth
Healthcare company Abano is looking to its New Zealand dental business, branded as Lumino, to drive a significant lift in earnings.
Too few rest homes for NZ's aging population - report
Too few rest homes are being built to meet a massive rise in demand, because running them isn't profitable enough, according to a new study.
Pumpkin Patch reports $20m loss
Children's clothing retailer Pumpkin Patch has delivered another disappointing result, hit by store closures and high currency impacts.
Education provider's future uncertain after audit
The future of Intueri Education Group is hanging in the balance as an Australian regulator threatens sanctions or even registration cancellations.
Warehouse sales figures boosted by Dick Smith's demise
The Warehouse Group's annual profit has beaten its own expectations, with the demise of the Dick Smith chain helping boost sales at its Noel Leeming stores.
Briscoe Group's first-half profit rises by a third
Briscoe Group has reported a 33 percent rise in net profit on rising sales and market share.
Weapons investments prompt call for ethical KiwiSaver fund
A KiwiSaver fund manager, Simplicity, is urging investment managers to cooperate in the design of an ethical global investment fund.
Employees clocked in but checked out
Staff at about 40 percent of NZ businesses have given up on their jobs even though they haven't actually resigned, a recruitment survey has found.
Vodafone slashes annual loss as sales rise
Vodafone New Zealand has cut its full year loss from $90.5 million last year to $18.3 million in 2016, with sales rising slightly in the year ended March.
Plan to regulate insolvency sector welcomed
A plan to regulate the insolvency sector and shut down unscrupulous operators is being welcomed by an industry body.
Intueri's first half net profit falls
Troubled education provider Intueri Education Group's first half net profit is down 42 percent.
Women, Māori, Asians still under-represented on boards
Company boards still have a long way to go to fully reflect New Zealand's gender and cultural diversity, a new report shows.
Warm winter hits Hallenstein Glassons' sales
Hallenstein Glassons' full year net profit is expected to be down by more than 20 percent on last year.
Intueri Education dumps chief executive
Troubled education provider Intueri Education Group's board has asked the chief executive to step aside, as it executes a plan to improve the company's poor financial performance.
Kathmandu increases forecast profit
Kathmandu Holdings has updated its forecast full year net profit, which will be close to the top end of its guidance, after making better-than-expected gross margins.
Briscoe Group profit up at least a third
Strong sales over the past few months are expected to drive Briscoe Group's first net half profit up by more than 32 percent.
Shareholders Assn calls for Rakon's Robinsons to step aside
The Shareholders Association is taking aim at the board and management of technology manufacturer Rakon and will oppose the re-election of director Darren Robinson.
Shareholders Assn calls for Rakon's Robinsons to step aside
The Shareholders Association is taking aim at the board and management of technology manufacturer Rakon and will oppose the re-election of director Darren Robinson.