3 Sep 2024

Business commentator Rebecca Stevenson

From Nine To Noon, 11:05 am on 3 September 2024
No caption

Photo: Supplied

A Kiwi billionaire who has banned working from home now wants to stop staff from leaving the office to get coffee.

Kiwi-born Chris Ellison, chief executive of Australian mining giant Mineral Resources, said during a financial presentation he wanted to change the narrative of flexible working and stop staff from leaving the building.

NZX listed advanced manufacturer, Rakon has spent almost $3 million on a takeover bid which failed, including about $1m to retain key employees.

And Rebecca talks to Kathryn about whether the Warehouse takeover is back on the cards?