One of the chief architects of Fonterra’s successfully launched listed units, chief financial officer Jonathan Mason, is to leave the co-operative. The softly spoken former senior executive for the American wood products giant International Paper first came to New Zealand from 2000 to 2005 to be cfo at Carter Holt Harvey, which IP owned at the time, before returning to …

The government will intervene to free up land for housing unless local governments, especially Auckland, plan to do so themselves, Prime Minister John Key said today in his state of the nation speech in Auckland. “We want to work co-operatively with local councils and I believe our goals in the end are the same,” said Key. “In particular we are …

By Pam Graham Multi-millionaire philanthropist Sir Owen Glenn was given the opportunity to bid for The New Zealand Herald last year but decided not to proceed. “I was approached at the beginning of last year and I did look at it as an investment but the numbers didn’t stack up,” Glenn told BusinessDesk. The former owner of OTS Logistics, who …