A potential offer of $100-120 million has been placed on the table for Fairfax New Zealand if its proposed merger with NZME falls through.

NBR understands that the proposal was made on November 28 in a letter to Fairfax general counsel Gail Hambly from a representative of the buyer.

Read more ($): https://www.nbr.co.nz/article/buyer-offers-120m-fairfax-nz-th-p-197613

Its disastrous flame-phone recall has taken a toll on Samsung’s share of the New Zealand cellphone market (scroll down for chart).

Read more ($): https://www.nbr.co.nz/article/flame-phone-fallout-samsung-loses-new-zealand-market-share-ck-p-197625

Yesterday’s shocking contraction of economic growth in Australia sent the kiwi dollar soaring against the Australian currency.

Read more ($): https://www.nbr.co.nz/article/kiwi-spikes-against-aussie-after-surprise-gdp-contraction-jw-p-197609

The latest earnings season remained positive overall, but cracks are starting to show, warn analysts.

Read more ($): https://www.nbr.co.nz/article/‘earnings-fade’-signalled-next-year-cs-p-197606

It appears National Party deputy leader Bill English has the numbers to replace outgoing prime minister John Key.

Read more ($): https://www.nbr.co.nz/opinion/national-leadership-race-english-has-surplus-votes

Rob Hosking on the likelihood of a Mt Albert by-election and bringing forward the general election

Read more ($): https://www.nbr.co.nz/article/new-nat-leader-will-face-immediate-byelection-challenge-ck-197616

Corrections Minister and National Party leadership hopeful Judith Collins says her party needs to “reconnect with its base” if it is to win next year’s election.

Read more ($): https://www.nbr.co.nz/article/national-danger-losing-touch-its-base-–-collins-jw-p-197593

“Over and over again history demonstrates that unconstrained power is subject to misuse and that even well-intentioned measures can result in unintended consequences if there are not clear, formal measures of oversight applied to them.”

Read more ($): https://www.nbr.co.nz/opinion/capital-letter-how-emergency-laws-ought-operate-–-and-how-they-really-do

Westpac and ANZ have charged ahead of Fonterra’s milk price forecast after yet another increase in dairy prices at this morning’s GlobalDairyTrade (GDT).

Read more ($): https://www.nbr.co.nz/article/banks-milk-price-forecast-jw-p-197594

When the Ultrafast Broadband (UFB) rollout kicked off in 2011, schools were one of the prime targets.

Read more ($): https://www.nbr.co.nz/article/straightforward-ufb-rollout-2400-clients-say-what-ck-p-197598