Milford Asset Management will close out its recently launched private equity fund earlier than planned after finding more investor interest than expected.
The Commerce Commission has backed away from a draft view that Spark New Zealand’s wholesale voice services should be deregulated, instead recommending Telecommunications Minister Simon Bridges...
Caltex Australia has agreed to buy Gull New Zealand for $340 million, giving the ASX-listed fuels company a foothold on this side of the Tasman with about 5% of the market.
A stage two financial review into the Canterbury district health board points to future financial challenges if no changes are made.
The National Party has taken a 4.5 percentage point hit since the departure of John Key but the Labour Party continues to poll below 30%, according to a Roy Morgan poll.
Tourism Holdings will pay US$65.3 million for US campervan rental and sales business El Monte Rentals to expand its operations in the world's largest recreational vehicle market.
New Zealand's booming migration and tourism set records in November, with arrivals continuing to increase and departures steadily lower.
Dairy product prices eased at the Global Dairy Trade auction, halting four straight increases, as whole milk powder declined.
Smiths City Group, the appliance and furniture retailer, reported a 46% drop in first-half profit as it faced new restructuring costs.
New Zealand Vacuum Cleaner Co, which runs the Godfreys vacuum cleaner retail chain, has been fined $48,000 in the Manukau District Court after pleading guilty to 10 charges under the Fair Trading...
A Hamilton realtor has been ordered to pay $1 million by the High Court at Auckland, joining a growing number of real estate agencies who admi colluding to pass on Trade Me Group fees.
The New Zealand Superannuation Fund will invest as much as $260 million over the coming decade in small-scale local enterprises through three new mandates with Kiwi private equity firms.
The number of New Zealand farm sales rose 7.4% in the three months ended November 30, sparking cautious optimism in the rural market, according to Real Estate Institute data.
New Zealand farm sales rose 7.4% in the three months ended November 30 and there is room for cautious optimism in the rural market, according to Real Estate Institute data.
Australia's largest life science venture fund, the Medical Research Commercialisation Fund, just got bigger, and NZ research may benefit.
Shares in outgoing NZX 50 member Orion Health have risen by 2.3 percent after the IT healthcare business said it had signed a new, expanded agreement with an American client.
Fairfax New Zealand and NZME, the country's dominant newspaper publishers, downplayed the size of likely job cuts among frontline journalists if the regulator makes an about-face and approves a merger.
General Cable Corporation has confirmed the closure of its manufacturing and support operations in Auckland and Christchurch, with the loss of 170 jobs.
Fairfax Media, which plans to merge its New Zealand media business with rival NZME, has confirmed speculation it has been approached by a third party interested in buying its New Zealand unit.
Income tax cuts are on hold as the government says "responding to the earthquakes and reducing debt are currently of higher priority", although election year tax sweeteners remain possible.