Business reporter, NZ Herald
We are your advocate, Aotearoa. Uncovering stories that matter, asking hard-hitting questions of those in power, live-blogging sport events, monitoring the highs and lows of the NZX and providing Premium expert opinion and analysis. Bringing you distinctive, quality journalism and breaking news from across New Zealand and around the world. With specialists working together to create indepth reads, engaging video, and unmissable podcasts.
Westpac predicts $10/kg milk price after another strong auction
'We could end up with an extra $4b added to incomes.'
AgriZeroNZ says climate change solutions for agriculture will endure
Climate change initiatives for agriculture will go the distance, Wayne McNee says.
Napier Port says earnings rebound will continue in 2025
The port bounces back after Cyclone Gabrielle sabotaged its post-Covid recovery.
Weak economy hits Steel & Tube hard
Steel & Tube's earnings have been hit by worsening economic conditions.
Stock Takes: Why a2 is out of favour, and a role reversal for Fonterra
Private equity is seen as a likely buyer for Fonterra's consumer business.
BNZ makes a case for $10/kg milk price
BNZ says factors are building towards a $10/kg milkprice from Fonterra.
How KiwiSaver funds performed over the September quarter
Morningstar says KiwiSaver funds performed strongly over the September quarter.
Symplicity buys 36% of Stabicraft Marine
The acquisition is the seventh for Simplicity’s Private Equity Fund.
Competition risks in 'super-peak' electricity hedging contracts
The Electricity Authority warns that a section of the market is neither deep nor liquid.
ANZ boss expects a better year for the economy in 2025
Antonia Watson is cautiously optimistic about the New Zealand economy.
Stock Takes: US stocks rally on Trump win while the rest the world waits
Sharemarket investors are waiting to see how a new US trade policy will play out.
NZ swap rates rise, Kiwi dollar falls as markets factor in possible Trump win
New Zealand wholesale interest rates rose, while the NZ dollar fell on US election day.
NZ farmers face better outlook, but China still a risk – RBNZ
Sentiment in the agriculture sector has improved since mid-2023.
NZ power generators not holding back on investing, electricity retailers group says
An Eranz report says the big power generators are investing heavily in renewable energy.
What a Trump win will do to an already beaten-up NZ dollar
The kiwi has dropped by about 6% over the past month, driven by a strong US dollar.
Stock Takes: Markets brace for US election result, jobs data
The US election will not be the only thing to hit the market next week.
Meridian replaces 108-tonne transformer for power station
The transformer will help take NZ's biggest hydro station back towards maximum capacity.
China's protein consumption has changed – Rabobank
Rabobank says protein exporters need to adapt to changing consumer trends in China.
Offshore wind developer pulls pin on NZ
Offshore wind farm developer BlueFloat has pulled out of NZ, citing uncertainty.
Channel outlines energy precinct plants for Marsden Point
Channel wants to become a landlord and enabler for energy projects at Marsden Point.
Winter price spike: Big power users had options, EA says
High power prices have been blamed for the closure of several mills.
Genesis gets more coal in for next winter
Genesis is ordering extra coal in anticipation of another challenging winter next year.
NZ apple and pear revenue hits $2 billion
Future growth dependent on supportive economic and regulatory conditions.
Trap maker unleashes AI in the war against possums
The AI-powered traps can accurately distinguish between target and non-target species.
Why Grant Watson is leaving Synlait
Grant Watson explains why he is leaving a newly recapitalised Synlait Milk.
Synlait CEO resigns after restructure
Grant Watson has resigned from newly-restructured Synlait Milk.
Hundreds of jobs to go as Timaru meatworks closure confirmed
Alliance has closed its Smithfield plant, and Australian recruiters are already in town.
Stock Takes: Investors look to 2025, Rocket Lab shoots higher
The sharemarket has opted to ignore good news on the inflation and interest rates front.
NZ dairy farmers better-placed as season hits its peak
Increased dairy production and better milk prices have boosted on-farm earnings.
Contact's latest geothermal project up and running
Contact Energy's boss says it's an exciting time for geothermal energy.
'A lot of money': Meridian CEO on how dry spell, low gas supply cost it $200m
The Meridian chief executive told shareholders it had been a challenging time.
Auckland plant nursery ditches boiler for heat pump
Auckland's Van Lier Nurseries has cut its energy use by 61%.
Better times ahead? NZ yield curve points to improved outlook
New Zealand's yield curve has continued to steepen after the RBNZ's rate cut this week.
Don't expect Govt intervention in power, says energy minister
Wholesale market participants won't be insulated from risk.
Stock Takes: Fonterra on a roll? Contact's play for Manawa
Fonterra’s shares and units have performed strongly over the past 12 months.
RBNZ cuts OCR: How the market reacted
NZ stocks rallied after the Reserve Bank cut its key interest rate by half a point.
Hydro reversal: Lake Pūkaki makes up for lost water
Favourable power generating conditions have put downward pressure on prices.
Transpower sees power constraints in 2025
Transpower says NZ's challenged electricity system is not out of the woods yet.
Stock Takes: A2 Milk's next move, Sir John Key's US lawsuit moves forward
Plus, Thames Water has a credibility issue with its debt crisis.
Genesis Energy takes 65% stake in ChargeNet
The nationwide electric vehicle (EV) public charging network was founded in 2015.
Will a clean slate change Synlait's fortunes?
Despite major repairs to its balance sheet, Synlait Milk still faces challenges.
Greenpeace takes Fonterra to task over grass-fed claims
Greenpeace says it plans to sue Fonterra over Anchor's grass-fed claims.
Synlait plunges deeply into the red
Newly restructured Synlait Milk's result hard to swallow, but follows unprecedented year.
An acquisition for a2? Stock goes into trading halt
Trade in a2 Milk shares has gone on hold pending an announcement.
'Gut-wrenching, heartbreaking': 600 Timaru workers face losing their jobs
Alliance Group plans to shut its South Canterbury freezing works by the end of this year.
Stock Takes: How the NZ sharemarket swallowed $3.35 billion in capital raising
And the rise in foreign investors.
‘We need more green electrons’ NZ Aluminium Smelter boss says
About one-third of Tiwai is out of action due to it needing to cut back on power.
Cream of the crop: NZ's 10 largest dairy farmers revealed
After a tumultuous decade, some new names have emerged as NZ's biggest dairy farmers.
Meridian gets go-ahead for Northland solar farm
Meridian has been granted resource consent for 120-megawatt solar farm.
NZ climate reporting standards up for review
The XRB is looking at making changes to NZ's climate reporting standards.
KiwiSaver funds break over $100b, withdrawals up by 19% - report
A 'coming of age' for KiwiSaver.
Huia Burt replaces Luke Blincoe at Electric Kiwi
Electric Kiwi chief executive Luke Blincoe has stepped down, effective immediately.
Coal, gas data shows NZ 'lurching from crisis to crisis'
Figures show NZ relied heavily on coal and gas-driven power generation from April to June.
Will Contact's plan for Manawa get over the line?
Contact's $2.3b plan may struggle to get Commerce Commission clearance.
Contact Energy makes $1.86 billion play for Manawa
Contact says it wants a more diversified, resilient and efficient business.
Winstone blames power prices for mill closure
Winstone says its two central North Island mills will close indefinitely.
Meridian says South Island hydro levels now at above-average levels
South Island lakes are looking healthier after sinking to seriously low levels last month.
Key economic indicator turns positive in NZ for first time in two years
An upwardly sloping NZ yield curve is jolting people out of a 'survive to 25' mindset.
'No further action': Takeovers Panel ruling on Synlait
The panel will take no action over the Bright Dairy, a2 Milk plan for Synlait.
NZ stocks emerge from a tough reporting season
Is there light at the end of the tunnel for NZ's beaten-up share market?
Synlait lifts 2024/25 milk price to $8.60/kg
The dairy and infant formula maker is in the middle of a $217.8m capital raise.
NZ companies warm to climate change reporting
Climate change moving into the mainstream, PwC says.
Genesis Energy to start hot water trials over next 12 months
Genesis is to start trials aimed at reducing power bills and helping the power grid.
Meridian's southern hydro lakes are filling fast
Meridian's southern hydro lakes are in better shape after a dose of rain.
NZ Rural Land resumes dividends after profit boost
Revaluations have boosted NZ Rural Land's first half profit.
Energy crisis: What will it take to fix the system?
What this month's power price spike says about NZ's electricity sector.
Mercury, Winstone Pulp in war of words over power price claims
Mercury has contested forest products company Winstone's claims about high power prices.
A sign of things to come? Fonterra to spend $75m on high-protein nutrition
The high-value protein industry is projected to grow by $16b over the next four years.
Synlait co-founder John Penno lodges complaint over recapitalisation plan
Former chairman John Penno has pushed back on Synlait's recapitalisation plan.
Meridian profit up, but a tough 2025 year looms
Meridian has lifted its earnings, but says dry conditions will make 2025 challenging.
Vulcan slashes dividend after 55% profit plunge
Vulcan blames high interest rates and inflation for its sharp fall in earnings.
NZ Shareholders' Association says Synlait deal a 'dead rat' for minorities
The Shareholders' Association says the Synlait recapitalisation plan will hit minorities.
Genesis profit down 33%, looks to LNG as a fuel for Huntly
Genesis CEO Malcolm Johns says LNG is being considered as a fuel for its Huntly station.
Transpower gives green light for generators to use more water
Consumers could be paid to use less power if the situation deteriorates.
Genesis Energy net profit drops by a third
Low lake levels and constrained gas supply drove earnings down.
Synlait chair defends capital raise plan, says Pōkeno decision imminent
Cash-strapped Synlait has outlined details of its plan to pay off debt.