Articles by Madison Reidy
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Business
Scale of retail crime leads One NZ to close Auckland store
Friday, 17 May 2024, 8:13amOne of the country’s largest telecommunications businesses, One NZ, formerly Vodafone, has closed its busy Auckland downtown...
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Business
The Warehouse confirms TheMarket.com closure as group sales worsen
Friday, 10 May 2024, 12:20pmThe Warehouse Group entertained several parties interested in buying its shopping website TheMarket.com, but decided it will...
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Business
New chair of Super Fund, but still no CEO
Monday, 26 February 2024, 3:14pmThe body that runs the near $70 billion state-owned New Zealand Superannuation Fund has a new chairman starting this week,...
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Business
Supermarket merger: ComCom's first thoughts on mega-Foodstuffs
Thursday, 18 January 2024, 3:08pmThe competition regulator says a merging of supermarket giant Foodstuffs between the North and South Islands would effectively...
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Business
Second biggest KiwiSaver firm nabs ex-TVNZ boss
Monday, 13 November 2023, 3:17pmThe second largest KiwiSaver firm, with almost $15 billion in funds under management, has picked Simon Power, the ex-head...
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Business
SkyCity chairman: We’ll probably admit to breaking the law
Monday, 30 October 2023, 11:32amSkyCity chairman Julian Cook says the company will probably admit allegations that its Australian casino operation breached...
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Business
'Horrifying': Major NZ business delegation to Israel postponed
Wednesday, 11 October 2023, 1:39pmA delegation of 20 business leaders and investors have postponed a 10-day trip to Israel next month but hope there will still...
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Business
'Lost our mojo': Big business investing in Aus instead
Monday, 2 October 2023, 10:50amNew Zealand’s economy has completely lost its mojo and companies are instead investing for growth in Australia, business...
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Business
Oil price surge making Z Energy nervous
Monday, 25 September 2023, 12:50pmSupply constraints instigated by Russia and the Middle East have pushed the price of Brent crude oil - the benchmark for...
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Business
‘Pretty darn good’: Sir John Key upbeat despite debt stress, China’s economy
Friday, 11 August 2023, 10:01amThe number of overdue loan repayments at the country’s biggest bank is growing but sits below 1 per cent of its total lending...
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Business
Carbon market chaos: Price halved, 9 million units unsold
Friday, 4 August 2023, 9:46amSome investors are turning against the carbon market after the price halved and the Government was forced to make changes. “It’s...
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Business
Pharmacies vs Chemist Warehouse- who's winning the medicine mark up?
Monday, 24 July 2023, 8:48pmThe listed owner of the Life and Unichem pharmacy franchises says it has been impacted by the aggressive expansion of Chemist...
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Business
Is this tech company the next Xero?
Wednesday, 12 July 2023, 9:36pmA freshly listed startup backed by Sir Owen Glenn, is aspiring to follow in Xero’s footsteps and become the next New Zealand...
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Business
‘Pretty sh*t’: Farmers & IMF assess NZ economy
Friday, 16 June 2023, 2:15pmNew Zealand’s recession is rural, with farmers describing the state of the economy in dire terms. Speaking to Markets with...
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Business
NZX finds new chair after ex-SkyCity pick resigned
Wednesday, 17 May 2023, 4:06pmThe New Zealand stock exchange has picked a new chairman to take over its board immediately, after the previous pick resigned...
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Business
Postage in NZ ‘chronically underpriced’, freight CEO warns
Wednesday, 12 April 2023, 1:38pmThe price Kiwis pay for nationwide overnight postage is “ridiculously cheap” and should cost at least twice as much, the...
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Business
Pushpay takeover likely killed by activist shareholders
Thursday, 2 March 2023, 2:58pmPushpay shareholders have likely killed a takeover offer that valued the church donations software company at $1.54 billion,...
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Business
Cam Wallace steps down as MediaWorks CEO
Monday, 27 February 2023, 9:17amMediaWorks chief executive Cam Wallace has stepped down after two years in the job to take up a new undisclosed role mid-year. Wendy...
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Auckland
Auckland floods: The DIY products in high demand
Wednesday, 1 February 2023, 8:51amHome improvement and hardware chains Bunnings and Mitre 10 are working to maintain supply of critical flood remediation supplies...
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Business
'Devastated': school uniform shop owner loses $450k of stock in floods
Sunday, 29 January 2023, 9:49amThe owner of a school uniform shop has been left devastated at what should be his busiest time of the year, after losing...