CDC Data Centres NZ Reports $88M Loss Amid Tax Benefit

CDC Data Centres’ New Zealand subsidiary recorded a net loss of $87.7m for the 2026 financial year, despite generating a gross profit of $117.3m. According to company filings, the loss was driven by $145.6m in fair value write-downs on investment properties, foreign exchange volatility, and rising debt costs, contrasting sharply with a $637.6m profit in … Read more

2degrees Shaping Business Study 2026: Why Businesses Are Moving Beyond Green Shoots

New Zealand businesses are moving on from the hope of a post-Covid recovery, according to the 2026 2degrees Shaping Business study. Surveying 555 decision-makers between March 10 and April 10, 2026, the research indicates that firms have shifted their focus away from waiting for a return to pre-pandemic conditions and are instead adapting to a … Read more