Greg Houston: Houston Kemp founding director on Foodstuffs stepping up efforts to stop National potentially breaking them up

National and NZ First have expressed interest in pulling apart Foodstuffs, and the company is looking to fight back. Foodstuffs recently commissioned consultancy firm Houston Kemp to review the Government-ordered cost-benefit analysis of making the split - with the review claiming the earlier conc…

Murray Olds: Australian correspondent on Australian house prices dropping across the country

New data shows Australia's house prices have taken a plunge, with Sydney and Melbourne leading the way.  Prices across the nation have taken a significant drop since the property market peaked in March, and experts are unpacking the economic implications. Australian correspondent Murray Olds says…

Louise Upston: National's tourism spokesperson on the party pledging to make trans-Tasman travel more seamless

National says it'll make trans-Tasman travel more 'seamless' if re-elected. The party is promising to trial fully digitalising airport processes between Australia and New Zealand, so people don't need to show passports. Eligible travellers could provide details digitally and pass through gates wi…

Jenee Tibshraeny: NZ Herald Wellington business editor on the Government potentially 'going soft' on NZ Super reforms?

The current Government earlier indicated they could be looking to make changes to NZ Super and adjust the eligibility age, but they've changed their tone ahead of election season. Chris Luxon and Nicola Willis recently declined opportunities to explicitly back the policy when asked about it after …

Jeremy Hutton: Milford Asset Management expert on the market reactions to the Warehouse bouncing back?

The Warehouse Group recently reported an improved annual financial result. It's confirmed an annual net profit of $11.2 million dollars - a departure from last year's $2.8 million dollar net loss. Milford Asset Management expert Jeremy Hutton unpacked the market reactions. LISTEN ABOVE

Mark Stirton: Warehouse Group CEO on the Warehouse Group posting a $11.2 million net profit

The Warehouse Group has turned their luck around after the most recent downturn. It's confirmed an annual net profit of $11.2 million - a far cry from last year's $2.8 million net loss. Noel Leeming made a 21.8 million profit, and Warehouse Stationary made 15.9 million. Warehouse Group CEO Mark …

Greg Smith: Generate investment specialist on Hallenstein Glasson reporting boost in earnings

Hallenstein Glasson is reporting a boost in earnings, with net profit up in the full year ended August. The retail giant posted a net profit of $59.2 million, up from $39.5 million a year ago. Generate investment specialist Greg Smith says the brand's doing well in Australia, but the data shows K…

Barbara Edmonds: Labour's Finance spokesperson on Labour's plan to return the books to surplus

Labour's Finance spokesperson won't commit to delivering a surplus by 2029/30 if it's at the expense of restoring pay equity.  Barbara Edmonds says she is confident Labour could deliver both.  "For example, a choice that we would not make is $300 million for a tobacco excise tax cut."  Labour wi…

Nicola Willis: Finance Minister on the pre-election opening of the Government books

National's Nicola Willis is putting the rosier Government books - unveiled today - down to Kiwis' hard work, but won't say whether they'll be repaid a dividend in the form of tax cuts.  Forecasts predict the next two years' deficits will be much smaller, and the 2028/29 surplus nearly $2 billion l…

Murray Olds: Australian correspondent on whether the RBA is set to lift the OCR again

Economists are expecting the Reserve Bank of Australia to lift the OCR up again this evening. A rise of 25 basis points is projected, meaning the OCR could go up as high as 4.60 percent. Ahead of the announcement, Australian correspondent Murray Olds says this projected increase will put more pre…