Stories by Nicholas Pointon
News
New law effective at reining in worst lending practices - budget advisors
Budget advisors say a controversial new lending law is helping to clamp down on predatory practices in the financial sector.
Investor warns of share buying risk amid US-China tensions
A local retail investor is warning about the risks of buying shares in Chinese companies listed on US stock exchanges following the delisting of a major firm.
Farmer shareholders vote in favour of Fonterra's planned revamp of capital structure
Fonterra farmer shareholders have voted overwhelmingly in support of a plan to revamp the co-operative's capital structure.
Farmers to vote on Fonterra capital structure changes
Fonterra farmers face one of the biggest votes in the co-operative's history today.
First Gas Group unveils plans for large-scale biogas project
The country's biggest gas distributor has announced plans to help transform kerbside waste into energy for homes and businesses.
CTU backs Reserve Bank governor amid calls to replace him
The Council of Trade Unions (CTU) and the head of a KiwiSaver provider are defending the Reserve Bank governor after opposition MPs said he should be replaced.
Business closures outnumber new firms for first time in nearly a decade
Closures were prominent in sectors most affected by the pandemic, including hospitality, tourism, event, wholesale trade and fitness.
Warnings over finance course spreading in Māori, Pasifika community
A Hamilton woman living in the US admits she targets single mothers, Māori and Pasifika to join a finance course that international regulators have likened to a pyramid scam.
Fonterra continues plans to vote on future of capital structure
Dairy giant Fonterra is pressing on with plans to hold a vote on the future of its capital structure, despite not yet having government support for the proposal.
Two build-to-rent developments on the way in Auckland
A KiwiSaver provider is branching out into build-to-rent properties in a bid to bring more affordable housing options to market.
Plan to build green hydrogen fuelling stations begins
Hiringa Energy is investing $50 million to build the four stations along key transport routes in the North Island.
Anti-money laundering compliance firm rakes in $30m
A local anti-money laundering compliance firm has received strong backing from overseas investors, amid growing scrutiny on global tax havens and money laundering.
A2 Milk hit with another investigation from investors in Australia
Two rival Australian law firms are going head to head to recruit investors into their separate class action cases against infant formula company A2 Milk.
Tiwai Point smelter subsidy may leave households paying up to $200 more in power - EA
The Electricity Authority (EA) says households may be paying an extra $200 per year for power, as they subsidise the cheap energy the Tiwai Point Aluminium Smelter receives.
Will 2021 be busiest year for mergers and acquisitions since 2018?
Mergers and acquisition activity has defied expectations of a Covid-19 induced slowdown so far in 2021, and is on track for one of the busiest years since 2018.
Du Val Group vows to take watchdog to court over advertising stoush
The Financial Markets Authority (FMA) has ordered local property investment firm Du Val Group to take down its advertisements from social media because they are likely to deceive investors.
Class action suit against A2 Milk expected to represent thousands
An Australian class action claim against infant formula company A2 Milk is expected to represent thousands of disgruntled shareholders.
Easy Crypto secures $17m backing from investors
Local cryptocurrency marketplace Easy Crypto is talking up the possibility of a share float in the long term following a successful round of financing from some big investment fund managers.
Class action suit filed against A2 Milk
A class action claim has been filed in Australia's Supreme Court of Victoria against infant formula company A2 Milk.
Fonterra posts $599 million full-year net profit
The dairy giant Fonterra has reported a solid full-year result and announced plans for further divestment of its overseas ventures.
Amazon Web Services to spend $7.5 billion on giant data centres in Auckland
Amazon Web Services plans to spend $7.5 billion to build data centres in Auckland, which are due to open in 2024.
Huge waste-to-energy plant proposed in South Canterbury
A business consortium aims to build a waste-to-energy plant in South Canterbury, capable of processing 350,000 tonnes of rubbish annually.
CLSA Premium NZ to pay $770k for breaching duties as financial service provider
The financial services company CLSA Premium NZ has been ordered to pay $770,00 for breaching anti-money laundering rules.
NZ artists and celebs join new crypto marketplace
A clutch of well known artists and entertainers are joining a new tech company's digital marketplace to sell ownership tokens for their works or their time.
Sharesies warned over inadequate anti-money laundering measures
The share trading platform's failures to comply with anti-money laundering rules do not appear to deliberate, and are instead symptomatic of a quickly growing business, the FMA says.