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.
![Contact teams up with Tesla to build grid-scale battery at Glenbrook](/pf/resources/images/placeholders/placeholder_l.png?d=782)
Contact teams up with Tesla to build grid-scale battery at Glenbrook
Contact's collab with Tesla will deliver a battery big enough to power 44,000 homes.
![Will cash-strapped Synlait Milk survive?](/pf/resources/images/placeholders/placeholder_l.png?d=782)
Will cash-strapped Synlait Milk survive?
As a vital shareholder meeting approaches, China's Bright Dairy says Synlait can survive.
![Expect higher generation costs: Genesis](/pf/resources/images/placeholders/placeholder_l.png?d=782)
Expect higher generation costs: Genesis
Genesis says a lower gas supply will increase power generation costs.
![NZAS keeping an open mind on re-opening fourth potline](/pf/resources/images/placeholders/placeholder_l.png?d=782)
NZAS keeping an open mind on re-opening fourth potline
The potline closed early in 2020 in response to Covid-19 and has remained shut ever since.
![What The Warehouse’s earnings downgrade signals for the economy](/pf/resources/images/placeholders/placeholder_l.png?d=782)
What The Warehouse’s earnings downgrade signals for the economy
The Warehouse promises 'laser focus' on core brands after grim outlook.
![Power problem: Growth of NZ data centres equivalent to demand from 200,000 homes](/pf/resources/images/placeholders/placeholder_l.png?d=782)
Power problem: Growth of NZ data centres equivalent to demand from 200,000 homes
Data centres will put more pressure on already rising NZ power demand.
![Lodestone Energy sets sights on Mackenzie Country](/pf/resources/images/placeholders/placeholder_l.png?d=782)
Lodestone Energy sets sights on Mackenzie Country
The company has plans for a solar farm on the high-country Haldon Station.
![The sharemarket's haves and have nots: Stock Takes](/pf/resources/images/placeholders/placeholder_l.png?d=782)
The sharemarket's haves and have nots: Stock Takes
Infratil's capital raise, and the rise of Nvidia, highlights a two-tier sharemarket.
![Wide current account deficit a risk to NZ credit rating, ANZ says](/pf/resources/images/placeholders/placeholder_l.png?d=782)
Wide current account deficit a risk to NZ credit rating, ANZ says
ANZ says big current account deficit is a risk to New Zealand's credit rating.
![Infratil's $1b share placement easily filled](/pf/resources/images/placeholders/placeholder_l.png?d=782)
Infratil's $1b share placement easily filled
The first leg of Infratil's $1.15 billion share offer has attracted strong demand.
![NZX companies still coming to terms with climate risk reporting – PwC](/pf/resources/images/placeholders/placeholder_l.png?d=782)
NZX companies still coming to terms with climate risk reporting – PwC
PwC says companies are adjusting to new climate risk reporting standards.
![Infratil capital raise: What it means for the sharemarket](/pf/resources/images/placeholders/placeholder_l.png?d=782)
Infratil capital raise: What it means for the sharemarket
Infratil's big capital raise will have implications for the sharemarket.
![Infratil plans big data centre expansion](/pf/resources/images/placeholders/placeholder_l.png?d=782)
Infratil plans big data centre expansion
Infratil plans to raise $1.15 billion to fund growth in data centre company CDC.
![How a high-flying bond trader became one of NZ’s largest farmers](/pf/resources/images/placeholders/placeholder_l.png?d=782)
How a high-flying bond trader became one of NZ’s largest farmers
Corporate farming a trend, don't write off the family farm just yet, Forbes Elworthy says.
![Market close: NZ stocks end week with slight fall](/pf/resources/images/placeholders/placeholder_l.png?d=782)
Market close: NZ stocks end week with slight fall
An earnings downgrade from Steel & Tube put a dampener on sharemarket sentiment.
![Are New Zealand’s power companies making too much money?](/pf/resources/images/placeholders/placeholder_l.png?d=782)
Are New Zealand’s power companies making too much money?
Consumer Advocacy Council says new disclosure rules are not good enough.
![How private equity is winning the battle against public sharemarkets](/pf/resources/images/placeholders/placeholder_l.png?d=782)
How private equity is winning the battle against public sharemarkets
It’s been a long time since the NZX has seen an initial public offer of any size.
![Dairy farmers will need to tighten belts this season, says DairyNZ](/pf/resources/images/placeholders/placeholder_l.png?d=782)
Dairy farmers will need to tighten belts this season, says DairyNZ
Inflation has eaten into what historically would have been a strong farmgate milk price.
![After the ban: Will big energy players return?](/pf/resources/images/placeholders/placeholder_l.png?d=782)
After the ban: Will big energy players return?
After the ban: Will a gas shortfall entice big players back into the market?
![The rise, fall and rise of a2 Milk](/pf/resources/images/placeholders/placeholder_l.png?d=782)
The rise, fall and rise of a2 Milk
The stock has been the market’s strongest performer to date.
![What went wrong with Synlait and how new chair plans to fix it](/pf/resources/images/placeholders/placeholder_l.png?d=782)
What went wrong with Synlait and how new chair plans to fix it
The cash-strapped dairy company Synlait can be restored, he says.
![Why Lodestone Energy chose Forsyth Barr, Barrenjoey over Jarden](/pf/resources/images/placeholders/placeholder_l.png?d=782)
Why Lodestone Energy chose Forsyth Barr, Barrenjoey over Jarden
Solar energy firm Lodestar chose Forsyth Barr and Barranjoey for their global reach.
![Lodestar raising funds again for more solar farms](/pf/resources/images/placeholders/placeholder_l.png?d=782)
Lodestar raising funds again for more solar farms
Solar power firm raising funds to build more solar farms.
![S&P welcomes NZ power deal](/pf/resources/images/placeholders/placeholder_l.png?d=782)
S&P welcomes NZ power deal
The ratings agency says the 20-year power deal for Tiwai is a boon for generators.
![How Tīwai Point aluminium smelter just became NZ’s biggest battery](/pf/resources/images/placeholders/placeholder_l.png?d=782)
How Tīwai Point aluminium smelter just became NZ’s biggest battery
After years of uncertainty, the Tīwai Point aluminium smelter's future has been assured.
![‘Fantastic’: New deal extends Tiwai Point aluminium smelter's life by 20 years](/pf/resources/images/placeholders/placeholder_l.png?d=782)
‘Fantastic’: New deal extends Tiwai Point aluminium smelter's life by 20 years
Hundreds of jobs at massive plant secured under breakthrough deal.
![Budget could put more pressure on RBNZ - economists](/pf/resources/images/placeholders/placeholder_l.png?d=782)
Budget could put more pressure on RBNZ - economists
Economists warn the Budget is likely to be inflationary.
![F&P Healthcare shares climb as revenue jumps 10 per cent](/pf/resources/images/placeholders/placeholder_l.png?d=782)
F&P Healthcare shares climb as revenue jumps 10 per cent
F&P Healthcare rallies after reporting strong annual revenue growth.
![$15 more a month: ComCom gives green light for higher power charges](/pf/resources/images/placeholders/placeholder_l.png?d=782)
$15 more a month: ComCom gives green light for higher power charges
The regulator says it will let Transpower lift its transmission charges.
![More Govt debt likely from Budget](/pf/resources/images/placeholders/placeholder_l.png?d=782)
More Govt debt likely from Budget
Market expectations are for a $10-15b increase in the NZ bond tender programme.
![Potentia takes 18pc stake in NZ's Vista](/pf/resources/images/placeholders/placeholder_l.png?d=782)
Potentia takes 18pc stake in NZ's Vista
Australian private equity firm Potentia has taken a stake in NZ's Vista Group.
![What ASX power futures say about NZ's outlook](/pf/resources/images/placeholders/placeholder_l.png?d=782)
What ASX power futures say about NZ's outlook
Futures market pricing points to lower wholesale prices in the years ahead.
![Stock Takes: A capital raise for Infratil? Comvita’s mystery bidder](/pf/resources/images/placeholders/placeholder_l.png?d=782)
Stock Takes: A capital raise for Infratil? Comvita’s mystery bidder
How will Infratil fund its ambitious plans for its Aussie data centre business?
![My Food Bag turns around, resumes dividend payments](/pf/resources/images/placeholders/placeholder_l.png?d=782)
My Food Bag turns around, resumes dividend payments
The meal kit company's net profit was $6m in the 2024 year to March.
![Fonterra 2024/25 milk price heading well north of $8/kgMS](/pf/resources/images/placeholders/placeholder_l.png?d=782)
Fonterra 2024/25 milk price heading well north of $8/kgMS
Prices for a key ingredient of chocolate and icecream rose in a strong auction showing.
![Bucking the trend: Turners Auto reports record earnings](/pf/resources/images/placeholders/placeholder_l.png?d=782)
Bucking the trend: Turners Auto reports record earnings
Turners Auto says diversification helped the company earnings during the downturn.
![Spark to take solar power from Genesis’ Lauriston project](/pf/resources/images/placeholders/placeholder_l.png?d=782)
Spark to take solar power from Genesis’ Lauriston project
Genesis Energy has signed up Spark to take power from its Laurison solar project.
![S&P backs Fonterra's consumer plan](/pf/resources/images/placeholders/placeholder_l.png?d=782)
S&P backs Fonterra's consumer plan
S&P Global Ratings has lent its support to Fonterra's plan to sell its consumer business.
![Michael Hill issues significant retail crime update to shareholders](/pf/resources/images/placeholders/placeholder_l.png?d=782)
Michael Hill issues significant retail crime update to shareholders
Retail crime becomes serious enough for Michael Hill to issue major share market update.
!['Fresh energy' needed: Warehouse CEO steps down](/pf/resources/images/placeholders/placeholder_l.png?d=782)
'Fresh energy' needed: Warehouse CEO steps down
The discount retail chain has struggled in recent years.
![Rising costs prompts Contact to rethink Wairākei development](/pf/resources/images/placeholders/placeholder_l.png?d=782)
Rising costs prompts Contact to rethink Wairākei development
"Assessed total project costs have come in substantially higher than previously expected."
![Stock Takes: Results season to reveal extent of NZ’s downturn](/pf/resources/images/placeholders/placeholder_l.png?d=782)
Stock Takes: Results season to reveal extent of NZ’s downturn
Company results, due this month, are expected to show how stressed the economy is.
![Fonterra puts a big chunk of its business up for sale](/pf/resources/images/placeholders/placeholder_l.png?d=782)
Fonterra puts a big chunk of its business up for sale
In a big step change, Fonterra is looking to sell its Consumer business.
![Fonterra looks to sell global consumer business, including Anchor brand](/pf/resources/images/placeholders/placeholder_l.png?d=782)
Fonterra looks to sell global consumer business, including Anchor brand
Fonterra says it is looking to sell businesses, including its global consumer operation.
![Power crisis averted, but a sign of things to come?](/pf/resources/images/placeholders/placeholder_l.png?d=782)
Power crisis averted, but a sign of things to come?
Businesses and individuals managed to avoid a blackout - this time.
![Heatley takes a stake in Blue Star during soft quarter for mergers and acquisitions](/pf/resources/images/placeholders/placeholder_l.png?d=782)
Heatley takes a stake in Blue Star during soft quarter for mergers and acquisitions
Kiwi multimillionaire Craig Heatley has taken a stake in Blue Star.
![Genesis to resume coal buying as gas shortage looms](/pf/resources/images/placeholders/placeholder_l.png?d=782)
Genesis to resume coal buying as gas shortage looms
Genesis Energy expects to be buying coal again by the end of the year.
![How Anzco Foods bucked the trend to turn in a profit for 2023](/pf/resources/images/placeholders/placeholder_l.png?d=782)
How Anzco Foods bucked the trend to turn in a profit for 2023
The meat processor and exporter is facing higher costs and a slow recovery in China.
![Next few months will be ‘critical’ for economy says Westpac NZ CEO](/pf/resources/images/placeholders/placeholder_l.png?d=782)
Next few months will be ‘critical’ for economy says Westpac NZ CEO
Westpac NZ CEO cites tense geopolitical environment adding to uncertainty.
![Westpac NZ’s half year profit bounces after Cyclone Gabrielle](/pf/resources/images/placeholders/placeholder_l.png?d=782)
Westpac NZ’s half year profit bounces after Cyclone Gabrielle
Bank heading into the second half of the year with good momentum, says CEO.
![THL shares fall sharply after earnings downgrade](/pf/resources/images/placeholders/placeholder_l.png?d=782)
THL shares fall sharply after earnings downgrade
The Australian retail dealership division is among the troubles facing Tourism Holdings.
![NZ bonds yields edge up before Budget](/pf/resources/images/placeholders/placeholder_l.png?d=782)
NZ bonds yields edge up before Budget
Government bond yields are high before this month's Budget.
![Cream of the crop: NZ's 10 largest dairy farmers revealed](/pf/resources/images/placeholders/placeholder_l.png?d=782)
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.
![Stock Takes: Market doldrums, big payday for UBS, banks to report](/pf/resources/images/placeholders/placeholder_l.png?d=782)
Stock Takes: Market doldrums, big payday for UBS, banks to report
A struggling sharemarket is pricing in NZ interest rates staying higher for longer.
![Genesis' $104m solar project will power 13,000 homes](/pf/resources/images/placeholders/placeholder_l.png?d=782)
Genesis' $104m solar project will power 13,000 homes
Genesis Energy marks start of $104m solar power project.
![Genesis boss warns NZ's gas production is falling quickly but demand not](/pf/resources/images/placeholders/placeholder_l.png?d=782)
Genesis boss warns NZ's gas production is falling quickly but demand not
Genesis Energy says gas production is falling at a faster rate than forecasts.
![Blow for homeowners: Interest rates set to stay higher for longer](/pf/resources/images/placeholders/placeholder_l.png?d=782)
Blow for homeowners: Interest rates set to stay higher for longer
Hopes of rates falling have been sucker-punched by moves in the wholesale market.
![PGG Wrightson downgrades forecast as trading conditions worsen](/pf/resources/images/placeholders/placeholder_l.png?d=782)
PGG Wrightson downgrades forecast as trading conditions worsen
Market conditions are impacting the whole of the agricultural sector, the firm says.
![Transpower warns of supply risk, despite last week’s deluge](/pf/resources/images/placeholders/placeholder_l.png?d=782)
Transpower warns of supply risk, despite last week’s deluge
The summer-autumn period this year has been relatively dry.
![Stats NZ apologises for CPI publishing error](/pf/resources/images/placeholders/placeholder_l.png?d=782)
Stats NZ apologises for CPI publishing error
Stats NZ has apologised for a publishing error in today's CPI release.
![AI will be part of Scott Technology’s evolution, says CEO](/pf/resources/images/placeholders/placeholder_l.png?d=782)
AI will be part of Scott Technology’s evolution, says CEO
The company reported a fall in net profit in its first half result.
![Finance boss: KiwiSaver employer contribution should be compulsory](/pf/resources/images/placeholders/placeholder_l.png?d=782)
Finance boss: KiwiSaver employer contribution should be compulsory
Employers should have to contribute regardless of whether their workers do.
![Stock Takes: F&P Healthcare rebounds, tech sector surges and what next for cannabis company?](/pf/resources/images/placeholders/placeholder_l.png?d=782)
Stock Takes: F&P Healthcare rebounds, tech sector surges and what next for cannabis company?
F&P Healthcare recovers after a sell-off, and what's in store now for Cannasouth.
![Mercury avoids $1.5m in fines after ‘steam hammer’ event](/pf/resources/images/placeholders/placeholder_l.png?d=782)
Mercury avoids $1.5m in fines after ‘steam hammer’ event
Mercury has committed to improving worker safety after an incident at Rotokawa.
![NZ gas supply: 'Alarms are ringing' as reserves expected to run out within 10 years](/pf/resources/images/placeholders/placeholder_l.png?d=782)
NZ gas supply: 'Alarms are ringing' as reserves expected to run out within 10 years
Experts say NZ needs gas to help bridge its move to renewable energy.
![Westland Milk posts big lift in net profit](/pf/resources/images/placeholders/placeholder_l.png?d=782)
Westland Milk posts big lift in net profit
Westland operator has had big success with Costco.
![Solar firm Lodestone completes $55m capital raise](/pf/resources/images/placeholders/placeholder_l.png?d=782)
Solar firm Lodestone completes $55m capital raise
Purpose Capital consortium has increased its investment in the solar specialist.
![Synlait shuffles deckchairs to speed up asset sales](/pf/resources/images/placeholders/placeholder_l.png?d=782)
Synlait shuffles deckchairs to speed up asset sales
Synlait has put its chief finance officer in charge of speeding up the sale of Dairyworks.
![Stock Takes: Synlait’s outlook 'very challenged'](/pf/resources/images/placeholders/placeholder_l.png?d=782)
Stock Takes: Synlait’s outlook 'very challenged'
The company has kicked its debt repayment down the track to July 15.
!['Let's flush the dunny and move on': PGG Wrightson chairman on what next after boardroom wrangle](/pf/resources/images/placeholders/placeholder_l.png?d=782)
'Let's flush the dunny and move on': PGG Wrightson chairman on what next after boardroom wrangle
Boardroom ructions at PGG Wrightson have been a major distraction.
![Too much capacity, too much debt: Synlait thrown a lifeline](/pf/resources/images/placeholders/placeholder_l.png?d=782)
Too much capacity, too much debt: Synlait thrown a lifeline
Synlait Milk's plan to cut debt may involve the sale of its Pōkeno plant.
![Synlait deeply in the red, wins reprieve from bankers](/pf/resources/images/placeholders/placeholder_l.png?d=782)
Synlait deeply in the red, wins reprieve from bankers
Five key elements are outlined for Synlait to have a clear plan to slash debt.
![Synlait’s debt impasse set to go down to the wire](/pf/resources/images/placeholders/placeholder_l.png?d=782)
Synlait’s debt impasse set to go down to the wire
Investors in company will have to wait until Tuesday for an update on its debt.
![Lightyears Solar moves at lightspeed to raise $6m for three new solar farms](/pf/resources/images/placeholders/placeholder_l.png?d=782)
Lightyears Solar moves at lightspeed to raise $6m for three new solar farms
Three new community-scale farms being built over the next year.
![Stock Takes: Has AI created a sharemarket bubble?](/pf/resources/images/placeholders/placeholder_l.png?d=782)
Stock Takes: Has AI created a sharemarket bubble?
Donald Trump's company has listed with a high valuation but low revenue.
![Scott's John Kippenberger on company strategy](/pf/resources/images/placeholders/placeholder_l.png?d=782)
Scott's John Kippenberger on company strategy
The departing CEO believes in getting company strategy right.
![What a recession will mean for the sharemarket](/pf/resources/images/placeholders/placeholder_l.png?d=782)
What a recession will mean for the sharemarket
A recession may yet prove to be a positive for a flagging sharemarket.