After years of high-speed economic growth, China moved down a gear. This created concern in some circles, yet as session moderator Minter Ellison Rudd Watts chair Cathy Quinn noted: both Air New Zealand (then) CEO Christopher Luxon and Fonterra (then) CEO Theo Spierings thought any negativity was overdone. Instead, they were tuning their strategies to meet the challenge of a …

By Christopher Adams – NZ Herald Fonterra chief executive Theo Spierings says losing Chinese market share to European dairy competitors is a concern for New Zealand. Addressing the China Business Summit in Auckland this morning, he outlined the dairy giant’s five-year plan in the world’s second-biggest economy. Spierings said Fonterra was aiming to grow its business in China from around …

The New Zealand Superannuation Fund is actively seeking new domestic investment opportunities where it believes it has “hometown advantages” but chief executive Adrian Orr said they’re difficult to find at the scale it needs. The NZ Super Fund’s 2014/2015 report released today shows it had $4.4 billion of its $29.54 billion portfolio invested in New Zealand compared to $3.7 billion a year …

Many concerns raised previously about TPP are not reflected in the final agreement. For example, consumers will not pay more for subsidised medicines as a result of TPP and the PHARMAC model will not change. Prime Minister John Key has welcomed the successful conclusion of negotiations over the Trans-Pacific Partnership Agreement – New Zealand’s biggest free trade agreement. “This agreement …

Dear TPP Welcome to New Zealand – I hope you jump the final hurdles. Those of us who have a positive approach to global commercial and cultural interaction, to sowing the seeds of free trade and economic empowerment, and who understand that, when the world doesn’t work in silos, it works better and us Kiwis actually get to work……..well, we’re …

The Nation edited transcript: Lisa Owen interviews Steven Joyce Lisa Owen: So while National’s well ahead in the polls, it’s not been a year without its challenges. National’s campaign chief and, of course, Economic Development Minister Steven Joyce joins me now. Good morning. Steven Joyce: Every year has its challenges, Lisa. All right. Well, briefly, to start off with, what do …

New Zealand’s nascent equity crowdfunding market may be heading for a shakeout as an eighth platform, Property Mogul, seeks regulatory clearance to start operations. The Financial Markets Authority recently approved a seventh equity crowdfunding platform which is being run by Hong Kong-based Propellar Corp, while the backers of Property Mogul, based solely on property crowdfunding, say they are in the throes of gaining regulatory approval. There …

The Serious Fraud Office has laid Crimes Act charges against Victor John Clarke, a former director of failed media company MediaWeb, in the Auckland District Court for alleged offending involving $2.2 million. The two false accounting charges including using a forged document and obtaining by deception in his role as overseeing the accounting and financial aspects of the failed business. …

Chinese interests may be close to acquiring 50 percent of Silver Fern Farms, in a deal that would increase the dominance of New Zealand’s biggest meat exporter and erode farmer control of the industry, say shareholders pushing for a merger with Alliance Group. Dunedin-based SFF has been seeking a $100 million capital injection to strengthen its balance sheet before banking facilities expire in October …

New Zealand’s trade deficit was smaller than expected in July as exports of fruit and meat drove overseas sales higher, and offset flat dairy export receipts. The trade deficit narrowed to $649 million in July from $943 million a year earlier, and was smaller than the $755 million shortfall predicted in a Reuters poll of economists. Exports climbed 14 percent …