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BusinessDesk
@businessdesknz.bsky.social
BusinessDesk’s team of experienced journalists delivers a constant stream of original news stories covering every aspect of the New Zealand economy. https://businessdesk.co.nz/
Zuru co-founder Nick Mowbray is declining to comment on rumours he is exploring a bid to buy US toy company Mattel.The speculation was first reported in the Aus...
Zuru's Nick Mowbray tight-lipped on Mattel takeover bid rumours
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October 8, 2026 at 12:42 PM
Investor and physicist Alexandra Vidyuk landed in New Zealand last week with a mission to turn “scientists into billionaires”.Singapore-based V...
US venture capital firm sets eyes on New Zealand tech startups
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October 8, 2026 at 11:01 AM
The winners of the 2026 KiwiNet Research Commercialisation Awards have been announced, highlighting the transformation of world-class research into new opportun...
KiwiNet awards highlight innovative New Zealand research
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October 8, 2026 at 10:52 AM
The Labour Party plans to open New Zealand’s banking sector to more competition by breaking down barriers that stop new rivals taking on the big four bank...
Labour pledges to open up banking competition
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October 8, 2026 at 10:46 AM
After initially following Asia-Pacific stocks lower, the New Zealand sharemarket staged a last-minute turnaround, with Fisher & Paykel Healthcare’s re...
Fisher & Paykel drives NZX higher despite other markets falling
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October 8, 2026 at 10:38 AM
The Reserve Bank of New Zealand is expecting internal, domestic and international interest in two new roles of assistant governor monetary policy and assistant...
RBNZ seeks two assistant governors and one chief of staff
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October 8, 2026 at 10:29 AM
New Zealand’s distance from the rest of the world once offered businesses a degree of insulation. Today, a cyberattack, war, or blocked shipping rout...
From AI to extreme weather, risk has no borders
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October 8, 2026 at 10:20 AM
Rising energy costs are feeding into prices, production and investment decisions, with almost a third of New Zealand businesses saying they have already passed...
Energy costs bite into prices, production and investment
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October 8, 2026 at 10:15 AM
Frazer Scott has been appointed as the new chief executive of Quotable Value (QV).Scott, who has more than 25 years of experience in senior leadership roles, wi...
Frazer Scott named new CEO of Quotable Value
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October 8, 2026 at 9:40 AM
New Zealand venture capital firm Icehouse Ventures has set up shop in New York City, a move it says will make it easier to invest in expatriate founders and their companies.
Icehouse Ventures expands into the US: a Kiwi in New York
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October 8, 2026 at 9:17 AM
Japanese chemicals group Harima Chemicals will shut its Mount Maunganui manufacturing plant, putting more than 45 jobs at risk.The Tokyo-listed company said on...
Harima Chemicals to shut Mt Maunganui plant, 45 jobs at risk
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October 8, 2026 at 8:25 AM
Peter Griffin: We need an official, independent standards body to test frontier AI systems now. #Opinion
The AI bots need independent testing
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October 8, 2026 at 7:31 AM
Auckland businessman Terence John Le Sueur, also known as Terry, has been banned from managing a company for 10 years.Le Sueur founded wholesale nuts, dried fru...
Terry Le Sueur banned for 10 years
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October 8, 2026 at 6:41 AM
Port logistics and material handling provider C3 has been sold from Brookfield to InfraRed Capital Partners.While InfraRed Capital Partners’ value-add fun...
C3 sale: New owner InfraRed Capital Partners eyes expansion of ports provider
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October 8, 2026 at 5:49 AM
Working Well: Employee benefits have come a long way from the lunchroom fruit bowl, the discounted gym membership and the all-hands email updates nobody reads. #freetoread
Extraordinary offers benefits without the bureaucracy
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October 8, 2026 at 4:56 AM
The paradoxical architectural lithographs of which artist influenced such films as Labyrinth and Inception? What is the largest standard denomination...
QuiznessDesk: Thursday, Oct 8
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October 8, 2026 at 4:03 AM
Every successful business starts with a good idea, but bringing that vision to life takes commitment, resources, and sustained effort.Securing funding can be a...
How Kiwibank's StartUp+ gives early-stage founders access to funding – without needing personal assets as security.
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October 8, 2026 at 3:11 AM
By Ben CohenSince you last thought about maths, the people who think about maths every day have been freaking out.A month ago, when OpenAI announced that one of...
AI solved one maths problem and everyone freaked out. It just cracked hundreds more
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October 8, 2026 at 2:12 AM
Mindful Money founder Barry Coates has stepped down as CEO because of illness, just as the charity sets out on “world domination” one step at a time...
Mindful Money moves into Australia, as founder Barry Coates steps down
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October 8, 2026 at 1:17 AM
In the lead-up to the election, we’re asking some leaders in the private and public sectors to come up with one big original idea that could mak...
One Big Idea: Sarah Sinclair on a tax incentive for investing in people
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October 8, 2026 at 12:21 AM
Farmlands Co-operative has had to defend its decision to tip $1 million over three years into AgriZeroNZ after facing criticism from some shareholders.It said t...
Farmlands defends $1m AgriZeroNZ investment
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October 7, 2026 at 11:19 PM
A Kāpiti Coast builder has allegedly fled to the South Island, leaving four failed firms, $2.5 million in debt and a string of bruised creditors, home owners, e...
Builder with four failed businesses leaves trail of destruction
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October 7, 2026 at 10:21 PM
Working Well is an ongoing series from BusinessDesk in partnership with Southern Cross Health Insurance, exploring the issues that shape employee health and wel...
Hybrid work grows up
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October 7, 2026 at 9:05 PM
New Zealand Law Society data provided to BusinessDesk show applications from practising lawyers for certificates of standing for overseas jurisdictions, which l...
Lawyers still heading to Australia
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October 7, 2026 at 7:32 PM
What a difference 12 months can make.This time last year, Alliance Group's then chair Mark Wynne, his fellow directors and management team, led by chief exe...
Woolshed meetings to $20m payout: Mark Wynne on the first 10 months of Alliance Co-op
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October 7, 2026 at 6:15 PM