Prime Minister John Key is confident the country’s lenders are strong enough to weather a downturn in Auckland if the property market in New Zealand’s biggest city has a correction. The country’s major lenders have assured Key their stress testing shows their respective loan books are strong enough to withstand a drop in Auckland property prices, which has been singled out …

2015 marked the year that housing emerged as a preeminent issue in the Mood of the Boardroom survey, with mentions of housing on over 10 different pages of the report. Other emerging issues included the slump in dairy prices, the Trans Pacific Partnership, and weak regional economic growth. After a 2014 of positivity, CEOs began to predict an economic slowdown on …

Adherium, a New Zealand medical devices company, wants to raise as much as A$35 million from Australian and Kiwi investors in an initial public offering on the ASX, to help fund the commercial roll out of its product and continue research and development. The Auckland-based company, formerly known as Nexus6, develops and manufacturers digital health technologies that improve medical adherence and patient …