Articles by Jonathan Underhill, BusinessDesk
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Business
Warehouse boss questions how proposed Foodstuffs merger will help lower grocery costs
Tuesday, 7 November 2023, 8:42PMThe Warehouse boss says it’s “difficult” to see how a proposed Foodstuffs merger will help lower grocery costs for cash-strapped...
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National
Why are potholes repeatedly patched over rather than fixed?
Wednesday, 1 November 2023, 1:35PMA roading expert has explained why Ashburton District’s potholes are repeatedly patched up rather than properly fixed. It...
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Business
Rude shock as NZ Karen’s Diner goes under
Friday, 7 July 2023, 10:01AMA liquidator has been appointed to the New Zealand business of restaurant chain Karen’s Diner, a month after its Australian...
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Business
Private operators after Ruapehu ski field assets
Tuesday, 16 May 2023, 11:52AMNew private operators have been shoulder tapped by the Government to run Mt Ruapehu’s Tūroa and Whakapapa ski fields, BusinessDesk...
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Business
No deal for National’s banking inquiry
Tuesday, 14 March 2023, 1:09PMLabour party members on parliament’s finance and expenditure committee have rejected a proposal by the National party’s finance...
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Business
Pushpay shares in trading halt ahead of voting on takeover offer
Wednesday, 1 March 2023, 2:52PMPushpay Holdings has been put in a trading halt while it prepares an announcement related to proxy votes ahead of its special...
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Business
Vector's half-year profits down as it faces challenges
Tuesday, 21 February 2023, 1:24PMVector’s net half-year profit to December 2022 fell 13.2 per cent from the same period in 2021, partly due to rising interest...
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Business
Chorus earnings steady despite profit slump
Monday, 20 February 2023, 1:08PMDespite a drop in profits, Chorus has announced an unimputed interim dividend of 17 cents per share for the first half of...
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Business
FMA appoints chief economist
Wednesday, 18 January 2023, 2:19PMThe Financial Markets Authority (FMA) has appointed Stuart Johnson to the newly created role of chief economist. Johnson...
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Business
Vector to sell half of metering business for $1.7b
Wednesday, 21 December 2022, 4:00PMVector is set to sell a 50 per cent stake in its New Zealand and Australian metering business, Vector Metering, to private...
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Business
New Commerce Commission chair named
Wednesday, 30 November 2022, 12:41PMJohn Small will take over as chair of the Commerce Commission from Dec 5, the government announced on Tuesday. Small is an...
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Audio
Fonterra to spend up to $50m to support share price
Wednesday, 8 June 2022, 10:43AMFonterra said it plans to spend up to $50 million on buying back its own shares from June 30. The move is in reaction to...
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Audio
Recruitment campaign won't turn 'flight attendants into dairy workers'
Tuesday, 28 July 2020, 9:32AMPivoting unemployed New Zealanders into the agriculture and primary sector won't turn former Air New Zealand flight attendants...
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Politics
Lees-Galloway sacking: Ministerial Services to check public fund misuse
Wednesday, 22 July 2020, 1:59PMMinisterial Services is to be asked to establish whether any public funds may have been used to sustain a relationship that...
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Business
Chinese ambassador warns NZ to keep out of Chinese politics
Monday, 20 July 2020, 3:16PMThe strong existing relationship between New Zealand and China can continue to grow as long as NZ stays out of internal Chinese...
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Opinion
Comment: Only two things can save Todd Muller, National Party now
Sunday, 12 July 2020, 6:40PMCOMMENT: Only two things can now save Todd Muller and the National Party from the growing likelihood of a crushing defeat...
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Politics
Green Party backs wealth taxes, guaranteed minimum income of $325/week
Sunday, 28 June 2020, 3:38PMThe Green Party has launched its first major new policy for the September 19 election, ditching its previous advocacy of...
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Business
NZ should capitalise on covid-free status and PM's global profile
Sunday, 7 June 2020, 11:50AMNew Zealand should be capitalising on our covid-free status and the global reputation of Prime Minister Jacinda Ardern but...
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Audio
Tourism Holdings shares jump 10% as Waitomo gets subsidy
Friday, 5 June 2020, 2:23PMTourism Holdings shares jumped after its Discover Waitomo business was named as one of the first recipients of the government's...
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Business
Budget 2020: Government to borrow extra $50 billion
Thursday, 14 May 2020, 2:25PMThe government will now borrow an extra $50 billion in the June 2021 fiscal year to mitigate the hit from the covid-19 pandemic. The...
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Business
Five Burger King outlets face closure
Tuesday, 12 May 2020, 1:23PMBurger King's receivers are proposing five loss-making outlets be shut permanently as they prepare the business for sale. And,...
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Audio
Reserve Bank proposes to axe loan-to-value ratios
Tuesday, 21 April 2020, 4:11PMThe Reserve Bank of New Zealand is proposing to remove loan-to-valuation restrictions on mortgage lending as Covid-19 wreaks...
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Business
Al Brown reluctant to reopen restaurants under alert level 3
Tuesday, 14 April 2020, 8:19PMHigh-profile restaurateur Al Brown says he is reluctant to reopen his restaurants while social distancing rules are still...
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National
PM to reveal level 3 rules this week, Treasury to make economic announcements
Monday, 13 April 2020, 4:44PMThe Government will give much-awaited detail this Thursday on how and which businesses will be allowed to reopen if and when...