Latest New Zealand News

South32 Limited has announced a fully franked ordinary dividend of USD 0.039 per share for the six months ending December 2025, payable in multiple currencies on April 2, 2026.

Temple & Webster Group Limited reported a robust 20% revenue increase to $376 million in the first half of FY26, maintaining momentum towards its $1 billion revenue target by FY28. The company’s strategic investments in AI, exclusive products, and new markets like New Zealand underpin its expanding market presence.

Temple & Webster has reported a robust 20% increase in half-year revenue to $376 million, expanding its market share and launching successfully into New Zealand. EBITDA remains within guidance despite new market investments.

Temple & Webster reported a 20% revenue increase to $375.9 million for H1 FY26, driven by record active customers and exclusive product growth. However, profit before tax fell 25% to $9.4 million, impacted by investments in New Zealand and higher marketing spend.

Insurance Australia Group (IAG) reported a resilient first half of FY26 with an underlying insurance profit of $804 million and maintained its full-year guidance despite integration challenges from the RAC Insurance acquisition.

Insurance Australia Group’s half year net profit fell 35% to $505 million, weighed down by natural peril claims and integration costs from its RACQI acquisition. Despite this, the insurer maintains its full-year guidance and announces a $200 million share buy-back.

EROAD Limited’s CEO Mark Heine has announced his resignation effective June 2026, concluding an 11-year tenure marked by significant company growth across multiple regions.

ANZ Group Holdings Limited reported a robust first quarter with a 75% jump in cash profit, driven by cost cuts and revenue growth, signalling early success in its ANZ 2030 strategy.

HighCom Limited has announced a $7 million capital raise alongside a $1 million Share Purchase Plan to support working capital and product innovation, aiming for a strong revenue rebound and profitability in the second half of FY26.

HighCom Limited has announced a successful A$7 million placement alongside a new Share Purchase Plan, aiming to accelerate sales and manufacturing upgrades in key markets.

Domino’s Pizza Enterprises has appointed Andrew Gregory, a seasoned McDonald’s executive, as its new Group CEO and Managing Director, effective by August 2026. This leadership change aims to drive franchisee profitability and disciplined growth across Domino’s global network.

Revolution Private Credit Income Trust has successfully raised $60 million through a wholesale placement, strengthening its capacity to invest in senior secured loans and asset-backed securities across Australia and New Zealand.