AGP Executive Report
Last update: 8 hours agoNZX & markets: Lodestone Energy is pushing ahead with the NZX’s first substantial IPO in five years, seeking up to $100m to fund solar farm development, while the NZX 50 edged up as oil prices rose after the US rejected an Iranian proposal tied to the Strait of Hormuz. Dairy & retail: Synlait rallied after securing a new customer, despite a tough annual result, and 2 Cheap Cars’ David Sena crossed the 90% threshold to force a compulsory mop-up. Housing supply: Auckland Council says new-home completions jumped in July, with Code Compliance Certificates up 44% month-on-month—an early sign the construction slump may be easing. Energy & aviation: Etihad will double daily Sydney flights from December 15, boosting seats and connections via Abu Dhabi. Governance & boards: Chorus appointed Paul Reid as an independent director from 1 October. Policy & politics: A TVNZ poll shows the Greens surging to their best result ever, with National and Labour tied in the survey—raising the odds of a very tight election. Immigration: Hair & Barber NZ’s petition for a residence pathway for skilled barbers and hairdressers has reached Parliament, with the issue now before the Petitions Committee. Insurance pressure: New Zealand’s insurance disputes ombudsman scheme reported record demand, with insurance complaints driving a sharp rise in cases.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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