Business & People
Appointments, results, deals and the people leading the industry.
Justin Tighe-Umbers: A corner turned on the NZ economy
Ending the week on good news is a welcome way to finish up a productive week. And the good news is that the New Zealand economy…
Dom Kalasih: A week of economic positivity
Following on from BusinessNZ’s news last week that New Zealand’s manufacturing sector had its highest value for expansion since August 2022, we had more positive news…
NZ economy bounces back with 0.7% growth in December quarter
New Zealand’s economy has turned a corner, posting a 0.7% increase in gross domestic product (GDP) for the December 2024 quarter, according to latest figures released…
TDX appoints new board chair
New Zealand heavy equipment distributor TDX has announced the appointment of Sinead Horgan as chair of the board following the resignation of Greg Campbell.
ANZ Truckometer shows year-on-year bounce back for heavy traffic
The ANZ Truckometer heavy traffic index fell 0.2% month-on-month in February but is up nearly 5% on the same period last year. Meanwhile, the light traffic…
TDX reappointed as Shell Lubricants Distributor
New Zealand heavy equipment distributor TDX has reaffirmed its position as a key player in the lubricants market, securing another five-year extension as the appointed distributor for Shell Lubricants.
New board appointments to Ferry Holdings
Two new appointments have been made to the Ferry Holdings board -- the schedule 4a company charged with negotiating ferry procurement contracts for two new Cook Strait ferries.
Fonterra lifts FY25 earnings guidance
Fonterra has increased its full-year FY25 earnings guidance, raising the forecast from 40-60 cents per share to 55-75 cents per share. Chief executive Miles Hurrell says…
Reserve Bank Governor Adrian Orr resigns
Reserve Bank of New Zealand (RBNZ) Governor Adrian Orr has announced his resignation and will step down from the role on March 31. Orr, who has…
Hilton Haulage expands into Nelson Tasman with new acquisition
Canterbury-based transport and logistics firm Hilton Haulage is set to expand into the Nelson Tasman region with the acquisition of family-owned Austin Transport Services Limited, effective…