Fonterra sells Mainland, Anchor brands to French food giant
The dairy giant’s boss explains why it has agreed to sell its consumer businesses, including Mainland and Anchor, for nearly $4 billion.
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Author Archives: RNZ Business Headlines
Banking inquiry acknowledges it’s no silver bullet for competition
The big four banks’ focus on lower-risk activities like retail banking would usually see lower returns, but they actually had higher profitability than international peers, it found.
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US President Donald Trump not budging on trade tariff – PM Christopher Luxon
The Prime Minister says there’s no suggestion the US President will budge on a 15 percent trade tariff for New Zealand exports.
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Will homeowners get anything from the OCR cut?
The Reserve Bank might have cut interest rates – but will people with mortgages feel it?
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NZX reports drop in half-year profits due to write-downs
The stock market operator’s half-year profits fell by 46 percent as it wrote down the value of its Quay Street Management purchase and some energy contracts.
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Sky TV’s net profit plummets by 58%
However, the pay TV operator is delivering on its guidance of paying a dividend of at least 21 cents per share.
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Vet practice receives 400 applications for receptionist job
After the first 10 days of being inundated with CVs, a vet practice gave up looking at any more.
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Which region has the highest KiwiSaver balance?
A fund manager is worried the retirement savings scheme could hard code any income inequality.
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Green kiwifruit’s bowel-moving powers recognised in Europe
Its the first-ever fresh fruit to receive an authorised health claim from the European Commission.
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Return of the smaller-scale property investor
But owner-occupiers have been more reluctant to move.
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