Lightnews — Scholar-powered news

BusinessDesk @businessdesknz.bsky.social · 2h

Comvita co-founder Alan Bougen is confident he has enough shareholder support to block the proposed takeover by Florenz, which is owned by billionaire Mark Stewart.

Comvita co-founder confident of blocking Florenz takeover

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BusinessDesk @businessdesknz.bsky.social · 2h

BusinessDesk has appointed Thomas Manch to the position of senior journalist. He will focus on infrastructure, including transport and housing.

BusinessDesk appoints Thomas Manch as senior journalist

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BusinessDesk @businessdesknz.bsky.social · 2h

Receivers for Westpac are investigating whether a car yard boss is selling vehicles the bank has a claim over from a related but different outlet, which is not in liquidation.

Receivers probe sale of cars from failed dealer Vehicle Direct at ex-boss’s other lot

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BusinessDesk @businessdesknz.bsky.social · 2h

Minority shareholders in PGG Wrightson want to know the intentions of its major shareholders, following the shock resignation of its former chair and an independent director on Monday.

PGG Wrightson board shake-up stuns small shareholders

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BusinessDesk @businessdesknz.bsky.social · 2h

Business of Tech: This week, Peter talks to Brainbox Institute director and co-founder Tom Barraclough.

Business of Tech: Steady hands, not knee-jerk bans: Brainbox’s approach to AI regulation

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BusinessDesk @businessdesknz.bsky.social · 16h

The industrial property market in Canterbury is attracting buyers from afar, as out-of-region investors seek returns superior to those in their home markets.

National investors seek superior Christchurch property returns

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BusinessDesk @businessdesknz.bsky.social · 20h

The Co-operative Bank says its full-year 2026 is progressing as forecast, with underlying profit expected to be lower and the replacement of its core banking system on track.

The Co-operative Bank says its full year 2026 unfolding as forecast

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BusinessDesk @businessdesknz.bsky.social · 22h

Fletcher Building’s newest downsizing will be structural and “more sticky”, but it has room to swing the axe because of having higher costs than its peers, an analyst says.

Fletcher Building’s cost cutting steps up from head office into the divisions

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BusinessDesk @businessdesknz.bsky.social · 1d

Peter Griffin: Digital labour remakes the game entirely. #opinion

Gigged out: meet your new digital co-workers

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BusinessDesk @businessdesknz.bsky.social · 1d

The Electricity Authority is consulting on new rules and legal teeth to prevent the four major generator-retailers from favouring their own retail arms over independent rivals, but once again rejected structural separation.

New rules with legal teeth proposed for gentailers

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BusinessDesk @businessdesknz.bsky.social · 1d

The now-former chair of PGG Wrightson, Garry Moore, says he is “gobsmacked” after being dumped off the board, but goes with his “head held high”.

‘Gobsmacked’: PGG Wrightson now former chair on being dumped off board

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BusinessDesk @businessdesknz.bsky.social · 1d

Company director Anthony Beverley says he feels vindicated after the High Court ruled in his favour in proceedings related to a forestry and carbon credit venture he conceived.

Anthony Beverley feels ‘vindicated’ after High Court judgment on Drylandcarbon joint venture

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BusinessDesk @businessdesknz.bsky.social · 1d

BusinessDesk's weekly roundup of public sector news, gossip and observations.

BusinessDesk @businessdesknz.bsky.social · 1d

Online marketplace Trade Me is clamping down on how professional sellers get paid – a move that’s sparked anger among traders and prompted a wave of complaints to the Commerce Commission.

Trade Me payment options changes anger professional sellers

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BusinessDesk @businessdesknz.bsky.social · 1d

Market Close: The S&P/NZX 50 Index closed at 13,276.99, down 74.93 points or 0.56%.

NZ sharemarket down 0.5% amid PGW shuffle

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BusinessDesk @businessdesknz.bsky.social · 1d

Sponsored: The world is less predictable than ever amid complex geopolitics, divergent economic trends and the rise of AI, which is now dominating investment market narratives.

Diversification has never been more important, says award-winning fund manager

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BusinessDesk @businessdesknz.bsky.social · 1d

Plans to remove almost $6 billion of hybrid instruments from banks’ capital stacks have won support among the nation’s regulated lenders, albeit they are cautious about how the transition will play out.

RBNZ plan to cut AT1 capital layer wins cautious lender support

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BusinessDesk @businessdesknz.bsky.social · 1d

Think you're clever enough?

QuiznessDesk, Tuesday, Oct 14

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BusinessDesk @businessdesknz.bsky.social · 2d

New Zealand-founded startup Dispute Buddy is raising funds to extract phone messages and turn them into a lawyer-ready legal case.

Dispute Buddy startup makes its case for ‘justice tech’

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BusinessDesk @businessdesknz.bsky.social · 2d

David Chaplin: Countries that banned product commissions have backtracked a little in recent years. #opinion

The value of financial advice (to two decimal points)

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BusinessDesk @businessdesknz.bsky.social · 2d

Work is progressing on a four-ministry merger, known by the pejorative nickname ‘Meth’, a combined agency that could create the equivalent of a New Zealand planning ministry.

'Meth' ministry moves: staffing data sought for four-way merger

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BusinessDesk @businessdesknz.bsky.social · 2d

Its shares are outperforming its rivals, it's snaffling market share with sharp pricing, has recently lifted its profit guidance, and yet is saying goodbye to some customers.

Tower Insurance is outgrowing its rivals as it says goodbye to risky homes

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BusinessDesk @businessdesknz.bsky.social · 2d

Sponsored: $56m in new infrastructure unlocks business opportunities. Envisioned as Auckland’s next major business growth hub, Spedding Industrial is on the verge of completion and poised to shape the city’s economic future in the northwest.

Spedding Rd powers Auckland growth

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BusinessDesk @businessdesknz.bsky.social · 2d

Sponsored: Sydney has curbed datacentres to save power and water. Can New Zealand plan more wisely?

The risks of powering New Zealand’s data boom

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BusinessDesk @businessdesknz.bsky.social · 2d

Dileepa Fonseka: Whatever happened to all those green shoots? #opinion

When the Hopium wears off

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