Articles by Jamie Gray
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Business
A2 Milk recalls US infant formula over toxin; no illnesses reported
Monday, 4 May 2026, 12:39pmDual-listed a2 Milk has started a voluntary recall of three batches of a2 Platinum USA label infant milk formula (which was...
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Business
Channel's 'no comment' on ExxonMobil NZ speculation
Friday, 17 April 2026, 3:54pmNZX-listed Channel Infrastructure has declined to comment on speculation in Australian media that it is close to buying ExxonMobil’s...
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National
Cow-ching: State-owned farmer to hand Crown $10m special dividend
Wednesday, 15 April 2026, 1:21pmState-owned farmer Landcorp says it will pay a $10 million special dividend to the Crown arising from Fonterra’s sale of...
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Business
Middle East conflict hits a2 Milk forecasts, wiping millions off market value
Monday, 13 April 2026, 1:02pmShares in a2 Milk slumped in morning trade after the infant formula company downgraded its earnings forecasts because of...
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Business
War-driven surge: Weaker dollar and conflict push commodity index to record
Tuesday, 7 April 2026, 3:29pmANZ’s NZ dollar Commodity Price Index hit a record high in March, driven mostly by the impact of the US and Israel’s war...
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Business
Record profit and $400m raise: Genesis outlines its next growth phase
Monday, 23 February 2026, 9:38amGenesis Energy said it planned to raise $400 million after reporting a record first-half profit. The power generator and...
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Business
Renewables spending spree: Contact plans $525m raise for green energy
Monday, 16 February 2026, 10:58amContact Energy has lifted its net profit by 44% to $205 million and has outlined plans to raise $525 million to spend on...
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Business
Rabobank warns agribusiness to brace for volatile 2026 trading year
Monday, 2 February 2026, 10:14amRabobank says New Zealand’s agribusiness sector had performed strongly in 2025 but that it would need to be quick on its...
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Business
Job confidence edges up as unemployment peaks at 5.3%
Wednesday, 14 January 2026, 11:15amA Westpac survey is pointing to a modest improvement in the labour market, indicating unemployment may have peaked at 5.3%. The...
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Business
Alliance boss Willie Wiese steps down as Dawn Meats installs acting CEO
Tuesday, 6 January 2026, 3:26pmAlliance Group’s chief executive, Willie Wiese, is stepping down, with new shareholder Dawn Meats installing Niall Browne...
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Business
From red to black: Costco NZ posts $9.6m profit as revenue climbs
Tuesday, 6 January 2026, 1:14pmCostco New Zealand has turned in its first profit since the US retail giant set up shop in Auckland in 2022. In a filing...
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Business
Electricity Authority lays complaint over Huntly power plant code breach
Tuesday, 23 December 2025, 3:37pmThe Electricity Authority has lodged a formal complaint with an independent panel alleging a breach of an industry code by...
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Business
NZ retail spending warms up before Christmas
Monday, 22 December 2025, 4:20pmConsumer spending through Worldline NZ’s payment network picked up in the third week of December, but remained below year-ago...
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Business
$50m Tiwai plan to process toxic smelter waste on site
Monday, 1 December 2025, 1:56pmRio Tinto’s New Zealand Aluminium Smelters says it will spend $50 million on processing spent cell liner at its Tiwai Point...
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Business
Genesis gives green light to $236m Bay of Plenty solar project
Monday, 24 November 2025, 11:35amGenesis Energy has pushed “go” on its $236 million Edgecumbe Solar Farm project in the Bay of Plenty, which is expected to...
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Business
Cornerstone shareholder says rival bid could damage Comvita
Monday, 10 November 2025, 1:38pmComvita’s cornerstone shareholder has come out strongly in favour of a bid from Florenz and says a rival offer may damage...
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Business
Fonterra phases out A2 milk range
Monday, 3 November 2025, 3:23pmFonterra’s Anchor has phased out its A2 milk range in New Zealand after deciding not to renew its license agreement with...
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Business
Fonterra’s farmers vote in favour of $4.2b Mainland sale to Lactalis
Thursday, 30 October 2025, 12:23pmFonterra’s farmers have voted strongly in favour of the sale of its Mainland consumer and related businesses to France’s...
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Business
Air New Zealand forecasts $30m-$55m first half loss
Wednesday, 22 October 2025, 2:17pmAir New Zealand expects to report a first half pre-tax loss of $30-$55 million because of a subdued economy and several grounded...
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Business
‘Good to have clarity’: Genesis weighs next steps on renewables plan
Thursday, 16 October 2025, 3:17pmGenesis Energy chairwoman Barbara Chapman says the power generator and retailer is reviewing its options after majority owner...
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Business
'Positioned for growth': Precinct seeks $310m to expand property portfolio
Monday, 13 October 2025, 10:10amNZX-listed Precinct Properties has launched a $310 million equity raise to fund growth through a fully underwritten $285m...
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Business
Synlait strikes deal to sell Pōkeno factory for $307m
Monday, 29 September 2025, 10:11amSynlait Milk has struck a deal to sell its loss-making factory at Pōkeno, and related assets, to America’s Abbott for US$178...
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Business
Fonterra result one of the 'strongest yet' for returns - Hurrell
Thursday, 25 September 2025, 10:08amFonterra has reported a net profit of $1.079 billion for the July 2025 year, down 4.3% while maintaining its milk price forecasts. The...
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Business
Watch live: Nicola Willlis speaks as GDP slumps 0.9% in June quarter
Thursday, 18 September 2025, 11:00amNew Zealand’s gross domestic product fell by 0.9% in the June quarter, a reduction well over market expectations, Stats NZ...
