AGP Executive Report
Last update: 10 hours agoMarkets: The NZX 50 edged up 0.1% after a late rally, with Fisher & Paykel Healthcare and power companies offsetting broad declines. Infratil was the biggest drag as investors weighed concerns around Australian data-centre plans. Business Leadership: Government-owned Quotable Value has named former Microsoft and Plan B Technology executive Frazer Scott as chief executive, starting October 21. Energy Investment: Yinson Renewables secured about NZ$290 million in financing for its 94.6MW Mt Cass wind farm, now under construction and expected to operate from 2028. Election Economy: National has unveiled a 47-point small-business plan focused on reducing compliance costs, while Labour says it would open banking to more competition and step in if big banks block smaller rivals. Property and Finance: Higher US Treasury yields are putting upward pressure on New Zealand mortgage rates, adding to a mixed outlook for households and businesses. Retail: Woolworths New Zealand has returned to profit as scrutiny of the supermarket sector intensifies.
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