Lightnews — Scholar-powered news

BusinessDesk @businessdesknz.bsky.social · 2h

The industrial property market in Canterbury is attracting buyers from afar, as out-of-region investors seek returns superior to those in their home markets.

National investors seek superior Christchurch property returns

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BusinessDesk @businessdesknz.bsky.social · 6h

The Co-operative Bank says its full-year 2026 is progressing as forecast, with underlying profit expected to be lower and the replacement of its core banking system on track.

The Co-operative Bank says its full year 2026 unfolding as forecast

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BusinessDesk @businessdesknz.bsky.social · 8h

Fletcher Building’s newest downsizing will be structural and “more sticky”, but it has room to swing the axe because of having higher costs than its peers, an analyst says.

Fletcher Building’s cost cutting steps up from head office into the divisions

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BusinessDesk @businessdesknz.bsky.social · 12h

Peter Griffin: Digital labour remakes the game entirely. #opinion

Gigged out: meet your new digital co-workers

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BusinessDesk @businessdesknz.bsky.social · 12h

The Electricity Authority is consulting on new rules and legal teeth to prevent the four major generator-retailers from favouring their own retail arms over independent rivals, but once again rejected structural separation.

New rules with legal teeth proposed for gentailers

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BusinessDesk @businessdesknz.bsky.social · 13h

The now-former chair of PGG Wrightson, Garry Moore, says he is “gobsmacked” after being dumped off the board, but goes with his “head held high”.

‘Gobsmacked’: PGG Wrightson now former chair on being dumped off board

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BusinessDesk @businessdesknz.bsky.social · 13h

Company director Anthony Beverley says he feels vindicated after the High Court ruled in his favour in proceedings related to a forestry and carbon credit venture he conceived.

Anthony Beverley feels ‘vindicated’ after High Court judgment on Drylandcarbon joint venture

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BusinessDesk @businessdesknz.bsky.social · 13h

BusinessDesk's weekly roundup of public sector news, gossip and observations.

BusinessDesk @businessdesknz.bsky.social · 13h

Online marketplace Trade Me is clamping down on how professional sellers get paid – a move that’s sparked anger among traders and prompted a wave of complaints to the Commerce Commission.

Trade Me payment options changes anger professional sellers

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BusinessDesk @businessdesknz.bsky.social · 1d

Market Close: The S&P/NZX 50 Index closed at 13,276.99, down 74.93 points or 0.56%.

NZ sharemarket down 0.5% amid PGW shuffle

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BusinessDesk @businessdesknz.bsky.social · 1d

Sponsored: The world is less predictable than ever amid complex geopolitics, divergent economic trends and the rise of AI, which is now dominating investment market narratives.

Diversification has never been more important, says award-winning fund manager

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BusinessDesk @businessdesknz.bsky.social · 1d

Plans to remove almost $6 billion of hybrid instruments from banks’ capital stacks have won support among the nation’s regulated lenders, albeit they are cautious about how the transition will play out.

RBNZ plan to cut AT1 capital layer wins cautious lender support

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BusinessDesk @businessdesknz.bsky.social · 1d

Think you're clever enough?

QuiznessDesk, Tuesday, Oct 14

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BusinessDesk @businessdesknz.bsky.social · 1d

New Zealand-founded startup Dispute Buddy is raising funds to extract phone messages and turn them into a lawyer-ready legal case.

Dispute Buddy startup makes its case for ‘justice tech’

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BusinessDesk @businessdesknz.bsky.social · 1d

David Chaplin: Countries that banned product commissions have backtracked a little in recent years. #opinion

The value of financial advice (to two decimal points)

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BusinessDesk @businessdesknz.bsky.social · 1d

Work is progressing on a four-ministry merger, known by the pejorative nickname ‘Meth’, a combined agency that could create the equivalent of a New Zealand planning ministry.

'Meth' ministry moves: staffing data sought for four-way merger

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BusinessDesk @businessdesknz.bsky.social · 1d

Its shares are outperforming its rivals, it's snaffling market share with sharp pricing, has recently lifted its profit guidance, and yet is saying goodbye to some customers.

Tower Insurance is outgrowing its rivals as it says goodbye to risky homes

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BusinessDesk @businessdesknz.bsky.social · 2d

Sponsored: $56m in new infrastructure unlocks business opportunities. Envisioned as Auckland’s next major business growth hub, Spedding Industrial is on the verge of completion and poised to shape the city’s economic future in the northwest.

Spedding Rd powers Auckland growth

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BusinessDesk @businessdesknz.bsky.social · 2d

Sponsored: Sydney has curbed datacentres to save power and water. Can New Zealand plan more wisely?

The risks of powering New Zealand’s data boom

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BusinessDesk @businessdesknz.bsky.social · 2d

Dileepa Fonseka: Whatever happened to all those green shoots? #opinion

When the Hopium wears off

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BusinessDesk @businessdesknz.bsky.social · 2d

Electricity bills are confusing, complex, and consumers rarely know what plan they are on, let alone whether a better one is available, the Electricity Authority says.

Regulator proposes changes to confusing and difficult to compare electricity bills

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BusinessDesk @businessdesknz.bsky.social · 2d

Kristin Sutherland: Communication about benefits is lacking. #opinion

Helping employees get retirement-ready

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BusinessDesk @businessdesknz.bsky.social · 2d

Financial service company Forsyth Barr has plumped for five NZX-quoted companies as potential takeover targets in a market increasingly ripe for consolidation.

Five NZX stocks potentially ripe for M&A activity: Forsyth Barr

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BusinessDesk @businessdesknz.bsky.social · 2d

ANZ is proposing a third capital-stack solution over the pair tabled in the Reserve Bank of NZ’s capital review, saying it will boost lending and align with Australian requirements.

ANZ proposes third capital option to lower lending costs in RBNZ review

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BusinessDesk @businessdesknz.bsky.social · 2d

New Zealand’s red meat sector is riding a wave of improved farmgate prices and renewed farmer confidence; however, structural challenges, including falling livestock numbers and processor inefficiencies, are forcing a reckoning.

Rare Returns: the state of NZ’s red meat sector

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