Feeling rich? Must be the house

New Zealanders tend to hold much of their wealth in housing assets and when house prices rise, households spend more.

9:14 AM  An increase in home values has led to Kiwis spending on luxurious items.

Deutsche Bank in crisis

The immediate cause of Deutsche's crisis is a fine of up to US$14 billion fine for mis-selling mortgage-backed securities.

8:39 AM  Germany's biggest bank faces billions of dollars in fines, and there's no government plan to back it.

Council staff turn on CEO

Council chief executive Wayne Jack has been given a substantial pay rise.

8:14 AM  Napier council staff furious as boss gets 11 per cent rise, and they're offered just 1.7 per cent.

Beware the Bridget Jones effect

Bridget Jones already owned her flat when the first movie came out in 2001.

OPINION: Young singletons buying a house in NZ still have it easier than those in Britain.

Warning to Onetai farm buyers

Onetai Station

Argentinian brothers who bought a Taranaki farm may have to sell if convicted of a pollution incident at home.

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NZ a bit more competitive

New Zealand was ranked 13th most competitive in the world, while Australia was number 22.

Despite problems like a poorly educated workforce, we beat Australia and China to be 13th in the world.

Light rail on cards, if Goff mayor

Auckland Mayoral Candidate Phil Goff says there is potential to introduce parking buildings at bus station park and ...

Auckland mayoral candidate Phil Goff shares ideas for transport, housing and other North Shore issues.

Government pledges support for NZ aquaculture industry video

Prime Minister John Key at the Aquaculture New Zealand Annual Conference in Nelson.

PM offers red tape clipping for New Zealand's aquaculture industry.

An insurance healthcheck

Tim Fairbrother

OPINION: Keep on top of your insurance obligations if you want to ensure your claims are paid.

Anger over dumped mail video

NZ Post street post box, Auckland, New Zealand, Monday, March 23, 2009.  Credit: NZPA / David Rowland

First the bank statements never arrived, then other letters vanished - that's when Maupuia locals started asking questions.

Eftpos down in Chch

Eftpos outlets using a dial-up connection have been affected by the outage.

Connection issues are plaguing eftpos terminals in northwest Christchurch.

Snapper catch increase welcomed

Snapper catchers in the top of the south are welcoming the new sustainability measures which come into effect on October 1.

As new sustainability measures come into effect for fish species in the top of the south, local advocates have welcomed the "landmark decision" for the local snapper fishery.

Spark Arcade data breach

Spark has warned some of its customers could fall prey to phishing attempts.

Spark warns customers' data may have been vulnerable to "access by a third party."

Pinot: Wine's 'Ranfurly Shield'

Pinot noir grapes at Omaka outside Blenheim.

Forget Burgundy, or those Central Otago pretenders, Marlborough is home to the best pinot noir in the world.

Council believed airport

An aerial map of Wellington Airport with the runway extension to the south.

Wellington council boss says there was no need for its own study on a Singapore Airlines subsidy.

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Tower to refund customers

Tower says it will get in touch with affected customers by Friday.

More than 20,000 people did not correctly receive their multi-policy discounts.

Housing debt - the generation gap

As home buyers "mortgage themselves to the hilt", older Kiwis owe more on investment properties than their own homes.

Christmas kicks off

Insurance winners and losers

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

Manage your business travel

With serko.travel, managing business trips has never been easier.

Learn how to better manage your business travel.

For sale: Bar with yarns to tell video

Bertie Burleigh behind the mahogany bar at Peggy Gordon's that is being sold as the pub undergoes major renovations.

Tom Cruise, Billy Connolly and Penelope Cuz all drank at this Taranaki watering hole. Now it's for sale.

On the green

Golf Hub Marlborough owner Jonti Philipson at the Marlborough Golf Club course in Fairhall.

A sporting store selling golfing equipment has a prime new location at the Marlborough Golf Club course.

More transport options for Waitara

Billy Pomana has set up a private passenger service in Waitara.

"There's a need here - I've got so many people already talking about it I'm thinking what have I got myself into?"

better business

Facebook can hurt your career

You might be driven by FOMO, but being on Facebook means you do actually miss out sometimes.

If you're toying with the idea of quitting social media, there's a simple question that can help you decide.

Snapchat a bullying headache

Snapchat has taken off but there are implications for employers.

Workplace bullies taking advantage of messaging app's self-destruct feature a concern for employers.

Hitting the glass ceiling from get-go

Female workers are at a disadvantage from the first rung of their career ladder, the study shows.

For every 100 women who get promoted from entry-level positions, 130 men advance.

Big donor wants more bang for its buck

The New Brighton Community Trust Gardens received one of the $20m worth of grants from the Rata Foundation, which has ...

The Rata Foundation's $20.2m in grants to South Island worthy causes covered less than half the applications it received.

opinion & analysis

Rate and spend

In some places, rates are not enough to provide for infrastructure needs.

OPINION: Infrastructure is not an exciting topic, but should be talked about during local body elections.

Accepting cultural business differences

"Proponents of globalisation want to believe that it is possible to achieve more standardised regulatory systems across ...

OPINION: Business must accept cross cultural differences, and recognise how they impact on doing business overseas.

Globalisation reality check

Pattrick Smellie addresses the elephant in the room.

OPINION: It turns out the the impact of globalisation on the middle classes has not been as severe as previously thought.

You're being watched at work

Some surveillance cameras are now so powerful they can zoom in and read text messages on a mobile phones.

OPINION: An all hearing, all seeing badge worn by workers could leave you with nowhere to hide.


Pea weevil on the move?


Canterbury grower thinks he may have seen a pea weevil - a threat to the $160m industry - but the evidence has been buried.

Rural news: September 30 video

26022015 News Photo : Anthony Phelps/FairfaxNZ
Cam Smith, Lou Haenga and Guy Young collecting picked grapes at Nautilus ...

A roundup of rural and farming news, wrapped up in one place.

Merino deal brings rival partner

The Alliance Group has replaced SFF rival as the new partner in a merino meat joint venture.

The Alliance Group steps in after Silver Fern Farms rival exits a merino meat joint venture.

Asian appetite for lamb

Alliance chairman Murray Taggart sees incremental growth coming from Asia talks.

Don't expect big gains from sheepmeat trade into parts of Asia, gradual improvement is the reality.


Amazon moving to Oz? video

Amazon boxes are seen stacked for delivery.

Online retail giant booking space across the ditch, but what exactly are its plans?

Toxic lake 'superbug hotspot'

Community activists, researchers and some drug company employees say the presence of more than 300 drug firms, combined ...

Frothy-watered lake close to 300 drug firms becomes a giant petri dish for anti-microbial resistance.

Trump's wealth shrinks by $1b

Forbes magazine probed 28 assets or asset classes owned by Trump and found 18 had declined in value, including Trump ...

He says his business sense makes him presidential material, but Trump's wealth has dropped by a fifth.

Job loss link to violence

Bluescope steel workers are being offered some opportunities.

Redundancies in Australia's steel industry are being linked to a rise in domestic violence.

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