Apple to pay billions in back taxes

Ireland has been told it must recover NZ$20 billion in illegal tax benefits from Apple.

10:27 PM  Ireland has been told it must recover NZ$20 billion in illegal tax benefits from Apple.

Air NZ safety video 'distracting' video

"The extraneous material detracts from the scope and direction of the safety message."

Aviation watchdog warns Air NZ its swimsuit model video takes the focus away from safety.

Auckland really a liveable city?

"By definition a city can't be liveable if you can't afford to live in it," mayoral candidate and Labour MP Phil Goff says.

Auckland's a lovely city to live in - if you're on a $200,000 wage, expert says.

Butcher 'revolution' needed

Three unprofitable Mad Butcher stores closed in six months.

Three Mad Butcher stores closed in six months, and gourmet supermarket Nosh performed poorly.

Retirement: a dirty word?

"It's time to move on. I'm growing a David Letterman retirement beard. I'm done and have no shame so please stop telling ...

"We sometimes forget that there are people who really can't wait to retire."

more top stories

Sections sales lift PGC

PGC has boosted its coffers with the sale of Queenstown sections.

A one-day sellout of 100 sections in Queenstown has boosted PGC's coffers.

Shelly Bay a step closer to Sausalito

Wellington City Council is understood to have made a deal to sell its land at Shelly Bay to  developer Ian Cassels.

Wellington City Council land sale to developer could see revamp of collection of derelict buildings.

$10 campus could sell for $20m video

The university's vice-chancellor, Grant Guilford, says it will take up to two years for the university to dispose of the ...

Victoria Uni bought a Wellington campus for $10 in 2014 - now it could sell the site for $20m.

Gas scare at Napier Port

01042016. Photo: CATHERINE HARRIS/FAIRFAX NZ
Logs at the Te Horo site where new health and safety rules are already ...

Two workers tested for exposure to methyl bromide after accidental release of log fumigant.

Iconic sculpture may return

Fred Graham's Falling Waters sculpture used to be on the front of Palmerston North's Alpha Motor Inn.

A distinctive Palmerston North sculpture may soon be back in the public eye.

'100% Pure' rep at risk

The site of a Havelock North water bore that was closed after three instances of bacterial contamination.

The irony of clean water being shipped offshore not lost on Hawke's Bay locals as thousands of them fall ill.

Bunnings revamp brings 25 jobs

Bunnings has announced plans to open a new, larger store in Hastings.

A new, larger, store for Hastings will double the number of Bunnings workers employed in the town.

Views and brews on Harris Hill

Sue Harris with the Summer House Cafe behind her, on Harris Hill in Atawhai.

A new cafe will drink in views from atop Harris Hill.

P2P lending row widens

A licencing regime was set up for peer-to-peer lending in 2014 but government regulators have yet to figure out how all ...

Harmoney tackles fires on multiple fronts as lenders claim loan opportunities thin on the ground.

A $13m revamp for Chateau

Chateau on the Park a DoubleTree after its updgrade

The Singaporean owners of the Chateau have upgraded it to a DoubleTree

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money

Wairarapa retreat's sumptuous upgrade

Wharekauhau Lodge's Marc Soper in action

One of the country's most high-end lodges is about to become even more luxurious.  

Rates 'unlikely to go to zero'

Reserve Bank won't "rule out" slashing official cash rate to zero, but doesn't expect to.

Power companies' unfair contracts

Auckland's best buys

Panama Papers

Govt accepts foreign trusts plan video

Tax expert John Shewan has called for a shake up of New Zealand's laws around foreign trusts.

John Key accepts foreign trust rules need a radical overhaul following warnings not enough's being done to counter money laundering.

Judgment day for trusts video

The foreign trust inquiry by John Shewan has helped the Government save face.

NZ's foreign trust regime is a good little earner for some, but time may be running out.

Mossack Fonseca staffer held

Geneva prosecutors led a police raid of Mossack Fonseca's local office in which computer equipment was seized.

Computer specialist at the Panama law firm is taken into custody over huge leak.

Pedro Almodovar's Julieta video

Director Pedro Almodovar leaves the Juliet' premier.

"If the Panama Papers were a film," the acclaimed Spanish director said, "we wouldn't even be credited as extras."

small business

Threat over unpaid tax

Cramar Investments Ltd, the company which owns the Awakino Hotel, is the subject of liquidation proceedings in the High ...

Unpaid taxes of more than $70K could see the company running a rural pub liquidated.

$210K tax bill sinks bar

The company behind The Ugly Duck Restaurant and Bar in Fitzroy has been placed into liquidation over an unpaid tax bill.

A Taranaki bar is in liquidation after the IRD took it to court.

Technology to prevent blindness

The attachment created by oDocs clips on to iPhones and can be used for basic eye exams.

Auckland social enterprise oDocs has been recognised by Apple co-founder Steve Wozniak.

SuchCrowd head to Melbourne

SuchCrowd co-founders, from left,Tin Htoo Aung, Jacob Manning and Abbe Hyde, will start operating their business, which ...

Crowdsourcing entertainment platform SuchCrowd is starting up in Melbourne.

better business

Is your boss a psychopath?

Some psychopathic traits can lead to success, at least in the short term.

Put otherwise good people in an environment created by a psychopathic boss and they could end up with ethical blindness.

Pop-up shops 'fill the gap'

The Re:START mall helped revive Christchurch’s CBD after the devastation of the 2011 earthquake.

Pop-up stores are becoming more mainstream in NZ, as property owners see potential in small, unsused spaces.

How big is Alibaba?

A vast Tmall warehouse in Jiangsu province, China. Alibaba leads the hugely popular Singles Day online shopping ...

As a test, the Chinese giant sold 10,000 six-packs of NZ apples in just 90 minutes.

Not doing this makes you a bad boss

Sleep deprivation does nobody any good at work.

Failing to be well-rested causes you to be more irritable, stressed and to make bad decisions.

opinion & analysis

Fine line over KFC secret video

Colonel Sander's nephew, Joe Ledington of Kentucky, gave the Chicago Tribune a fried chicken recipe he found in a ...

OPINION: The "leaked" KFC recipe debacle has raised an interesting point.

Armed police in Thames

Police were executing a search warrant in Thames.

Armed callout not linked to manhunt for Joshua Kite.

What good is growth?

"For a holistic view on economic progress, our measures of progress need to grow up. We have to reject that growth in ...

OPINION: We celebrate economic growth. But why?

When things don't smell right

Mike O'Donnell likens shares in Rakon to a shaky Suzuki he once called Godzilla.

OPINION: Rakon and an once-fabulous motorcycle have a lot in common, according to Mike O'Donnell.

farming

Landcorp makes operating loss

Grant McGhie, Landcorp manager of Wairio farm, Wairarapa. The wool from those sheep is destined for premium carpet in ...

Landcorp says its strategy of shifting away from commodity selling will pay off.

Farmers feel the pressure

Overall farmer satisfaction with banks is high but a significant percentage are experiencing financial strain.

Farmers have tightened their belts but still report financial stress.

Rogue vineyard contractors

Touring seasonal worker accommodation are, from left, Hortus operations manager Rob Slatter, Hortus owner Aaron Jay, ...

Immigration Minister says employment breaches could result in sanctions against overseas recruitment.

Horses for courses gallery video

Redwood, left, with groom Delphine Pasquier and 5-year-old eventer Fudgette​.

With three broken ribs, the farrier carried on because "you don't get paid for shoeing three feet".

world

Apple's potential tax bill

The EU could force the global giant to pay billions in back taxes related to incentives from Ireland.

Apple could face European Union multibillion-euro tax hit over its dealings in Ireland.

Bidding hot in Aussie

Gina Rinehart was said to be considering bidding for Kidman jointly with Shanghai CRED, which is owned by Chinese ...

Australia's richest woman, Gina Rinehart, is looking to bid jointly for one of the country's largest farm owners.

VW fights US sales slump

VW's compact Tiguan is generally too small for Americans.

VW promises US car dealers wider model range and lower pricing in wake of plunging sales.

Toddlers in CEO classes

Chinese parents are signing up their young children to the classes to become "little leaders".

Too young to tie their shoelaces, children as young as three are enrolled in "chief executive courses" in China.

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