News

Fonterra (NZX: FGC), Nestlé to set up NZ’s first net-zero dairy farm

  • December 02, 2022 04:22 PM NZDT | Manika
 Fonterra (NZX: FGC), Nestlé to set up NZ’s first net-zero dairy farm

Fonterra and Nestle enter partnership to develop NZ’s first net-zero farm As per the company release, the partnership aims to reduce NZ’s on-farm emissions Under this plan, farmers would be encouraged to adopt practices best suited to their farms

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New Zealand’s greenhouse emissions increase by 1.7% in March quarter

New Zealand’s greenhouse emissions increase by 1.7% in March quarter

  • October 25, 2022 04:30 PM NZDT | Manika

NZ’s greenhouse gas emissions were up 1.7% in the March quarter, as per the StatsNZ report It says the power sector mainly drove emissions Sectors l ...

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New Zealand mulls levying tax on cattle burps, dung to fight climate change

New Zealand mulls levying tax on cattle burps, dung to fight climate change

  • October 24, 2022 02:39 PM NZDT | Ashish

In its efforts to fight climate change, New Zealand recently came up with an unusual proposal to tax livestock burps and dung.

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Heartland Group (NZX:HGH) inks deal to buy Australia’s Challenger Bank

Heartland Group (NZX:HGH) inks deal to buy Australia’s Challenger Bank

  • October 23, 2022 05:52 AM NZDT | Manika

Heartland signs an agreement to acquire Melbourne-based Challenger Bank This would give HGH an opportunity to expand in Australia HGH plans to fund ...

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New Zealand's annual inflation drops marginally to 7.2%

New Zealand's annual inflation drops marginally to 7.2%

  • October 22, 2022 03:40 PM NZDT | Manika

StatsNZ revealed New Zealand’s annual inflation numbers Pegs it at 7.2% annually, but the quarter-on-quarter rise is 2.2% Says it is driven mainly b ...

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Why is Mercury NZ (NZX: MCY) in news today?

Why is Mercury NZ (NZX: MCY) in news today?

  • October 21, 2022 04:01 PM NZDT | Manika

Mercury NZ revised its FY23 guidance today MCY now expects EBITDA to increase by NZ$40 million to NZ$620 million However, it says that its guidance ...

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Auckland Airport (NZX: AIA) revises its FY23 profit guidance

Auckland Airport (NZX: AIA) revises its FY23 profit guidance

  • October 20, 2022 03:30 PM NZDT | Manika

uckland Airport revises its FY23 outlook Says its underlying profit after tax is estimated to be between NZ$100 million and NZ$130 million The profi ...

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Travellers coming to NZ need not complete pandemic traveller declaration

Travellers coming to NZ need not complete pandemic traveller declaration

The New Zealand government has scrapped pandemic traveller declarations for arrivals in the country. The new regulation is effective from Thursday.

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Why is New Zealand’s food inflation on the rise?

Why is New Zealand’s food inflation on the rise?

  • October 18, 2022 09:03 AM NZDT | Manika

Food prices saw their biggest jump in 13 years Food prices were up 8.3% as compared to the previous year The products that saw the biggest jumps wer ...

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Air NZ (NZX:AIR) announces retail bond offer of NZ$75 million

Air NZ (NZX:AIR) announces retail bond offer of NZ$75 million

  • October 17, 2022 02:59 PM NZDT | Manika

Air New Zealand makes a rights offer of fixed-rate bonds The offer opens today and closes on 20 October The current bonds quoted on the NZX Debt mar ...

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Genesis Energy (NZX: GNE) upgrades EBITDA guidance for FY23, shares up

Genesis Energy (NZX: GNE) upgrades EBITDA guidance for FY23, shares up

  • October 15, 2022 05:22 AM NZDT | Manika

Genesis Energy held its ASM on Friday (14 October 2022) It upgraded its EBITDA guidance on the basis of Q1 performance It expects an EBITDA of NZ$50 ...

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