Bank of New Zealand chief executive Anthony Healy has challenged other Kiwi business leaders to think what they can do to contribute to five key issues the country faces. The five issues include upskilling business owner-managers so they grow faster, capturing more opportunities from Asian economic growth, responding to environmental issues such as the degradation of our lowland waterways, getting …

Auckland International Airport, the country’s main gateway, has confirmed it’s likely to deliver an underlying net profit of between $160 million and $170 million this financial year, in line with the guidance it gave in August. Chairman Henry van der Heyden said at the annual meeting in Auckland today, his first address to shareholders, that the result would be broadly in …

NZ Yarn, a joint venture between Elders Primary Wool and Primary Wool Cooperative, have bought Christchurch Yarns NZ out of receivership for an undisclosed amount. The Christchurch-based wool spinning company was tipped into receivership in April, owing $7.2 million to general security agreement creditors including Westpac Banking Corp, while preferential creditors were owed $1.2 million, according to the first receivers report on June …