Business & People
Appointments, results, deals and the people leading the industry.
Air NZ posts $40m half-year loss
Air New Zealand has reported a $40 million net loss for the first half of the 2026 financial year as ongoing global engine maintenance delays, slower…
Port Marlborough posts $3.2m half-year profit
Port Marlborough has reported a net operating profit after tax of $3.2 million for the six months to December 31, as the company advances its largest…
EROAD chief executive Mark Heine to step down in June
Transport technology services company EROAD has announced its chief executive Mark Heine will step down from the role in June 2026 following nearly 11 years with the business.
Fletcher narrows first-half loss to $11m as construction exit advances
Fletcher Building has posted a total net loss of $11 million for the six months to December 31, a sharp improvement on the $134m loss recorded…
Freightways lifts first-half profit 17% as margins improve
Freightways has reported a 17.2% rise in first-half net profit after tax of $52.5 million as revenue and margins improved across its New Zealand and Australian…
South Port posts $8.4m half-year profit as cargo volumes surge
South Port has delivered a record half-year result, with higher cargo volumes and a recovery in smelter-related activity driving a sharp lift in earnings. The NZX-listed…
Westpac forecasts 3.3% GDP growth for 2026
Westpac economists have forecast strong GDP growth for 2026 in an upbeat new report that signals New Zealand's economic recovery is gaining momentum.
Investment Boost driving spending and productivity, Willis says
The Government’s Investment Boost policy is prompting firms to bring forward spending and increase the scale of projects, according to new survey data from Inland Revenue Department.
Truckometer signals improving economic momentum
New Zealand’s light and heavy traffic volumes eased in January, but remain higher than a year earlier, reinforcing signs that economic momentum lifted toward the end…
Ken Shirley appointed to Port of Tauranga board
Port of Tauranga Limited has announced the appointment of Ken Shirley to its board, with the former chief executive of the Road Transport Forum — later renamed Transporting NZ — set to replace long-serving director Doug Leeder.