Alliance votes to sell 65% stake
It's a Dawn deal.
Business
Scott reports record result
Scott reports record result
Scott Technology has posted a record earnings before interest, taxes, depreciation, and amortization (ebitda) result of $31.5 million for the 2025 financial year
Carrfields developing R&D site for plant innovation
Carrfields developing R&D site for plant innovation
Canterbury's family-owned Carrfields Group is developing a multimillion-dollar research and development farm for seed and plant innovation.
Building firm director accused of ripping off homeowners
Building firm director accused of ripping off homeowners
Police are investigating the director of a construction company accused by homeowners of taking tens of thousands of dollars before going to ground.
Minister rejected advice to remove RBNZ governor from board
Minister rejected advice to remove RBNZ governor from board
Finance Minister Nicola Willis rejected Treasury advice to remove the Reserve Bank's governor from its board after the resignation of Adrian Orr, documents show.
'Clear mandate': Alliance voters go with Dawn Meats deal
'Clear mandate': Alliance voters go with Dawn Meats deal
Alliance Group farmer-shareholders have voted in favour of a proposed $270 million joint venture investment by Irish company Dawn Meats.
Jobseekers ignoring 'buffet' of roles in South
Jobseekers ignoring 'buffet' of roles in South's tourist towns
Some Queenstown and Wānaka employers struggling to find staff are offering sign-on bonuses in a bid to attract potential employees.
'Future Fund' Labour's first election policy
'Future Fund' Labour's first election policy
Labour has launched its first key election policy this term, announcing a fund which would invest in New Zealand infrastructure and businesses only.
Small airline takes over Blenheim to Christchurch route
Small airline takes over Blenheim to Christchurch route
Small airline Originair is operating new weekday and Sunday flights connecting Blenheim and Christchurch.
Power, rent, rates drive inflation up
Power, rent, rates drive inflation up
Inflation has edged to a 15-month-high on the back of higher rents, rates, electricity and food.
Mixed job market in South Island, despite PM's claims
Mixed job market in South Island, despite PM's claims
South Island employers are reporting a mixed bag for those looking for work.
Inflation expected to hit 15-month high
Inflation expected to hit 15-month high
Inflation is expected to hit a 15-month high, as strong food prices, rates, power and transport costs continue to squeeze household budgets.
Last-ditch bid to stop sale of 65% of co-op
Last-ditch bid to stop sale of 65% of co-op
An 11th-hour plea has been made to Alliance Group farmer shareholders to vote against selling 65% of their co-operative to Irish meat company Dawn Meats.
New documents reveal NZ's 'hectic' response to Trump tariffs
New documents reveal NZ's 'hectic' response to Trump tariffs
Newly released documents lay bare the government's alarm and "dismay" after being blindsided by the United States' sudden tariff hike on New Zealand exports in August.
Croftpak debts top $914,000: liquidators
Croftpak debts top $914,000: liquidators
Liquidators are counting up the debts of Christchurch glass and plastic jar supplier Croftpak Ltd as estimates climb to more than $914,000.
‘Exceptional demand’ for class A MTF Finance notes
‘Exceptional demand’ for class A MTF Finance notes
MTF Finance has completed its ninth public securitisation, achieving one of the strongest results in its history.
Change at student-led consultancy
Change at student-led consultancy
University of Otago law student Bryn Dingemans first became involved in service clubs while at secondary school.
Young Enterprise team’s leather balm regional winner
Young Enterprise team’s leather balm regional winner
A 100% natural leather restoring balm has qualified four Dunedin high school students for a national business award.
Southland leading recent surge in job listings
Southland leading recent surge in job listings
New data from TradeMe shows job listings surged 13 percent last quarter, signalling a potential rebound in the job market - especially in the South of the South Island.
Heavy rain, snow give hydro lakes winter boost
Heavy rain, snow give hydro lakes winter boost
After fears of a dry winter, the country's hydro lakes have had a much-needed boost, and wholesale electricity prices are easing.