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The sharemarket news page contains the latest financial news on NZX listed companies together with global business news that impacts investors. You can also view the latest NZX announcements on the markets page. To receive finance headlines directly to your inbox, you can sign up to our free newsletter or RSS feed here.


Fonterra down the track in boosting food safety after last year's recall
3 Sep, 4:05pm
Fonterra Cooperative Group, the world's biggest dairy exporter, is on track in lifting the quality of its food safety processes, nine months after an independent review into its handling of last year's false alarm food scare... More »

Seeka offers kiwifruit growers share incentive in exchange for trays
3 Sep, 3:20pm
Seeka Kiwifruit Industries, the fruit grower and coolstore and packhouse operator, is looking to secure kiwifruit supply over the next three years by offering growers shares in return for exclusive supply from their orchards... More »

Labour-Greens closing on National in latest Roy Morgan poll
3 Sep, 3:15pm
Just three percentage points separate the governing National Party from the combined vote of Labour and Green party supporters in the latest Roy Morgan opinion poll, its second to last before polling day, Sept. 20... More »

Kordia turns to a loss on difficult trading in Australia, end of NZ analogue revenue
3 Sep, 2:35pm
Kordia Group, the broadcasting and telecommunications platform operator, turned to a loss last year as it faced increased rivalry and disputed contracts in its Australian unit, which accounts for about three quarters of its revenue, and its... More »

NZ building work activity edges up in June quarter, house-building flat
3 Sep, 11:15am
New Zealand building work edged up in the second quarter as increased activity in non-residential construction offset flat activity in housing... More »

Auckland house sales drop in August as winter, election weigh
3 Sep, 10:55am
Auckland house sales fell for a third month in August and the number of listings remained muted in the tail-end of winter and lead-up to this month's general election, according to realtor Barfoot & Thompson... More »

Rural Equities doubles annual profit on record milk production and prices
3 Sep, 10:50am
Rural Equities, the farming group controlled by the Cushing family, doubled annual profit and lifted its dividend 17 percent on the back of record dairy production and prices... More »

NZX trading volumes rise in August, as increase in equity trades outweigh decline in debt trading
3 Sep, 10:25am
  The volume of trades on the New Zealand stock exchange rose in August as an increase in equity trades outweighed a decline in debt trades... More »

Kirkcaldie sees narrower loss on retail, may need impairment charges
3 Sep, 9:30am
Kirkcaldie & Stains, the upmarket Wellington department store, says it made a narrower loss in the latest financial year, and its board may have to write down the value of assets... More »

NZ dollar slips below 83 US cents on fall in dairy prices, upbeat US data
3 Sep, 8:35am
The New Zealand dollar dipped below 83 US cents for the first time since February as manufacturing data pointing to a recovery in the US strengthened the greenback while a decline in dairy prices at Fonterra Cooperative Group's latest auction weighed on t... More »

While you were sleeping: Wall Street rally pauses
3 Sep, 7:35am
Wall Street fell, pushing the Standard & Poor’s 500 Index down from its record-high close, as shares of Home Depot dropped on reports of a credit card data breach, while those of Chevron slipped with the price of oil ... More »

Dairy product prices decline to lowest since July 2012
3 Sep, 5:50am
Dairy product prices dropped to the lowest level since July 2012 in the latest GlobalDairyTrade auction, led by a slump in rennet casein and butter milk powder... More »

NZ dollar little changed vs. A$ as RBA keeps rates on hold
2 Sep, 5:15pm
The New Zealand dollar was little changed against its trans-Tasman counterpart after the Reserve Bank of Australia kept rates on hold, while becoming a little more pessimistic about the nation's labour market... More »

SFO charges MightyRiverPower engineer with $2 mln fraud
2 Sep, 2:55pm
The Serious Fraud Office has charged a MightyRiverPower engineer of fraudulently issuing invoices totalling $2 million... More »

NZ commodity prices fall for 6th month in August, as dairy prices slide
2 Sep, 2:30pm
New Zealand commodity prices fell for a sixth straight month in August, taking the index to a 17-month low, led by declining dairy prices, in part due to an oversupply in China... More »

CERA to be rolled into DPMC ahead of slow wind-down for Canterbury rebuild
2 Sep, 1:25pm
The government will fold the Canterbury Earthquake Recovery Authority into the Department of Prime Minister and Cabinet early next year as it begins a long-term withdrawal from its hands-on involvement in the Christchurch rebuild... More »

Huhtamaki buys carton manufacturer Interpac Packaging for 7 mln euros
2 Sep, 11:10am
Huhtamaki Oyj, the Finnish packaging manufacturer, bought Auckland-based folding carton maker Interpac Packaging for 7 million euros to expand its product range... More »

Lyttelton offer amounts to premium up to 14%, recommended by independent adviser
2 Sep, 10:30am
Christchurch City Holdings' offer to mop up the remaining shares in Lyttelton Port Co amounts to a premium of up to 14 percent, according to a report from the independent adviser that recommends it be accepted... More »

Spark deregisters its stock in the US
2 Sep, 10:10am
Spark New Zealand, previously known as Telecom Corp and once the largest company on the nation's stock exchange before its network arm was split off into Chorus, is deregistering trading of its stock in the US... More »

NZ dollar holds steady as traders await US manufacturing data
2 Sep, 8:40am
The New Zealand dollar was little changed along with other major currencies as weak manufacturing PMI data from China to Europe had traders looking ahead to manufacturing figures from the US tonight... More »

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