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New Zealand

This Month

A new Lorna Jane store in far north Queensland is helping to drive sales at the activewear brand.

Lorna Jane rides buy-local trend to run up sales, profit

The Brisbane-founded label says the athleisure boom that emerged during the pandemic is from is far from over, as sales and profits rise.

New Zealand’s motor vehicles registry, if put up for sale, could be attractive to several infrastructure funds.

New Zealand’s motor vehicles registry pops up in bankers’ pitch books

While a pitch book mention is miles away from an actual sale process, there are signs suggesting the Kiwis are seriously weighing a sale.

Farmer Craig Piggot’s agricultural start-up Halter is now valued at more than $US2 billion after a $351 million capital raising led by Peter Thiel’s venture capital fund

Kiwi AI farming start-up worth $2.9b as Peter Thiel invests

A New Zealand start-up looking to eradicate farm fencing is now valued at $US2 billion after the Silicon Valley giant’s VC arm led a $315 million funding round.

Both Jetstar and Air New Zealand have both cut flights in response to higher fuel costs.

Qantas cuts Jetstar services to New Zealand as fuel costs soar

While the airline has stopped short of the big changes forced on some competitors, it has trimmed the schedule for its low-cost carrier.

Shane Bracken

Why this CEO doesn’t have meetings before 9.30am

Shane Bracken, who leads Subway in Australasia, reveals how to revive a company and expand it – but having a stellar idea is not among his tips.

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Employment Hero CEO Ben Thompson has appointed James Keene to be its Asia Pacific MD as he pilots global AI-led expansion plans.

Employment Hero hires new MD as founder chases AI riches

One of Australia’s biggest tech start-ups says artificial intelligence has enabled it to build a new employment administration tool that has global potential.

AI giant Anthropic confirms Australian launch and data centre plans

The US company said the Sydney office would be its fourth in the Asia-Pacific, alongside Tokyo, Bengaluru, and Seoul.

Michael Crawford at Tierra Patagonia, part of the new Beckons portfolio.

Australia’s luxury lodge formula to go global as CEO lays out new plan

Hayley and James Baillie’s ultra-luxury lodge legacy will be folded into a new global portfolio as a new brand, Beckons. First stop? Uluru.

United Airlines aircraft in New York. The carrier says it has plenty of passengers booking to Europe from Australia.

Travellers find a more certain route to Europe – through the US

United Airlines chief executive Scott Kirby says bookings from Australia and New Zealand to European destinations have soared since war broke out in the Gulf.

Canadian Prime Minister Mark Carney and Anthony Albanese in parliament last week.

What Albanese can learn from Carney about immigration

Canada and Australia have been high-immigration countries, but Canada is cutting numbers much harder than Australia. And its housing and rental prices have fallen.

James Carville at lunch

Don’t worry, friends, Trump is toast and America will bounce back

Famed Democrat strategist James Carville says the rest of the world underestimates the ability of America to recover from Donald Trump’s presidency as his power ebbs.

The Iconic CEO Jere Calmes says the group has posted its first profit of $1.9 million after 15 years in business.

Iconic retailer turns its first profit after 15 years

Online retailing giant The Iconic has finally made it into the black with a $1.9 million profit in 2025. The chief executive says it’s just the beginning.

February

Sharon AI chief executive James Manning.

Sharon AI founder’s gambling tangles at Crown Casino

Businessman James Manning’s “neo cloud” is the latest company to be at centre of AI investor mania.

The former prime minister has spent most of her time abroad since resigning as prime minister.

New Zealand’s ex-PM Jacinda Ardern joins Kiwi exodus to Australia

The former prime minister and her family have been spotted looking for property on Sydney’s northern beaches, according to media reports.

Sports Direct opened its first store at Westfield Fountain Gate in Victoria late last year.

Glue Store to close as Accent shifts focus to rolling out Sport Direct

The company behind a string of shoe stores is shuttering the brand, which started in 1998, and will instead focus on its new sports business and on Lacoste.

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City Chic collective CEO Phil Ryan.

Brett Blundy-backed City Chic hit by Trump tariffs, but halves losses

First-half earnings have climbed strongly at the women’s plus-size fashion retailer and net losses have halved.

Reece CEO Peter Wilson says the company faces an extended recovery

Reece says tough market conditions to persist, despite profit beat

CEO Peter Wilson sees “green shoots” in housing construction, but rate rises and economic headwinds will make for a slow recovery for the plumbing giant.

Ryan Baker, chief operating officer at Bunnings, (R) and Lucas Groeneveld, head of retail UberEats. The pair have expanded the partnership with more than 30,000 DIY, garden and hardware products offered for delivery.

Lawn mowers on demand: Bunnings joins the Uber Eats menu

The hardware giant is launching more than 30,000 products for quick delivery as the battle for ultra convenience ramps up beyond the grocery aisle.

Roki Hotel, New Zealand

Rolls-Royce transfers and a $27k suite set the tone at this Queenstown stay

New Zealand’s newest five-star hotel, Roki Collection, includes Remarkables views, helicopters on speed dial and a sleep concierge.

Big role ahead: Selina Short has been appointed CEO of JLL Australia and New Zealand.

Scandal-hit JLL hires EY’s Selina Short as CEO

The incoming boss faces the tasks of reforming workplace culture, reassuring an unsettled staff and keeping key clients on board at the blue-chip agency.