Blindfolded monkey v active investor: who wins?
Many fund managers are overconfident and the public buy the illusion.
NZ First-linked forestry company pushed for govt funds
A powerful New Zealand First figure helped establish a forestry company that then pushed for money from two key funding streams controlled by a New Zealand First Minister.
We did this, don’t undo it
Rod Oram: In playing fast and loose with the Zero Carbon Act, the National Party has created a significant political liability for itself, even among business, its traditional party stalwarts.
Auckland’s booming industrial property benefits Goodman
Auckland’s booming industrial market is paying off for Goodman Property Trust (GMT), with a more than 10-fold increase in gains on the value its portfolio.
French company buys NZ airport baggage-handling equipment maker
New Zealand baggage handling equipment maker Glidepath has been sold to a French company.
Avocado prices lowest in almost three years as fruit, vegetable prices fall
The price of avocados has been smashed to their lowest in almost three years, and the price of other fruit and veges are also falling.
Goff fuming about port proposal
Auckland’s Mayor is fuming at a report recommending moving the city’s port to Northland, and he’s not the only one with questions.
Reserve Bank surprises, holds interest rate at 1 percent
The Reserve Bank announced on Wednesday that it hold the Official Cash Rate at 1 percent when bank economists had widely predicted and recommended a 25 basis point cut.