Business

The New Zealand Government is moving forward with further financial reforms to make it easier for Kiwis to access finance when needed. Commerce and Consumer Affairs Minister Andrew Bayly announced the changes, highlighting their importance for both individuals and the broader economy. “Financial ser

Briscoes Group, the operator of Briscoes homeware and Rebel Sport stores, has reported record half-year sales despite a challenging retail environment. In a statement to the NZX, the group announced sales of $372.1 million for the 26-week period ending July 28, 2024, a 0.77% increase from $369.2 mil

Business News presented by Malloch McClean has added +MORE to its company and is now part of a national network of accounting and advisory firms. A trusted named in Southland since 1933, and with branches in both Invercargill and Gore, the strategic move was designed to enhance the company’s service

A series of reforms aimed at modernising and simplifying New Zealand’s company law will make it easier and safer to do business, according to Commerce and Consumer Affairs Minister Andrew Bayly. “To rebuild the economy and increase the value of our exports, we need to ensure our companies are not ha

Invercargill and Auckland are celebrating a significant milestone today: the fifth anniversary of their direct jet service. Launched in August 2019, this service has been pivotal in transforming the connectivity and economic landscape of the Southland region. Invercargill Airport, alongside regional

Kiwibank’s latest Annual Regional Report presents a cautiously optimistic outlook for New Zealand’s economy. Although nearly every region has shown signs of economic recovery, Wellington continues to struggle due to public sector cuts. Kiwibank Chief Economist Jarrod Kerr described 2024 as a year of

Three major banks have announced further cuts to mortgage rates ahead of the Reserve Bank’s official cash rate (OCR) review next week. This move follows a recent trend in the market, which has seen home loan rates decline in recent months. Related: Southland Property Market Sees Surge in Listings an

The Warehouse Group, New Zealand’s largest listed retailer, has decided not to proceed with a proposed $590 million takeover bid from Australian private equity group Adamantem Capital. This decision comes after the proposed deal, backed by the retailer’s founder Sir Stephen Tindall, failed to secure