Fletcher Building fields questions on Ihumātao at AGM

Fletcher Building has finally addressed the elephant in the room and it has caused no more than a ripple among its conservative shareholder base, writes business editor Maria Slade. Pania Newton, shareholder, and protector at Ihumātao, is now close to an old hand at Fletcher Building annual meetings. When she rose to ask a question … Read more

The Bulletin: Shareholders approve, so what will TradeMe sale mean?

Good morning, and welcome to The Bulletin. In today’s edition: Shareholders approve of sale of TradeMe to private equity firm, family ties between Shane Jones and logging boss, and Newsroom journalists detained in Fiji. TradeMe shareholders have given overwhelming backing to a takeover offer from a British private equity firm called Apax Partners, reports Business Desk. It’s the … Read more

Flipping capitalism on its head

The key to better jobs, more money and a successful economy for all New Zealanders? Investors need to quit thinking like shareholders and start thinking like stakeholders, says Simplicity’s Sam Stubbs. Let me start by declaring my bias here. I’m a capitalist. I believe that competition and markets are the best way to maximise wealth … Read more