Facebook's New Zealand tax gap video

Facebook's value approached US$400 billion (NZ$574b) not long after it announced it made US$27.6b in revenue last year.

The social media behemoth, one of the biggest companies in the world, paid just $43,000 tax in New Zealand.

What does Facebook mean to you?

Rock, then roll, for capital

050415. News. KEVIN STENT/FAIRFAX NZ. Wellington's iconic Nikau Palms are reflected in the sunglasses of a lunchgoer on ...

5:00 AM  Survey finds business confidence back on the boil in Wellington.

Council and iwi to sign MOU

An artist's impression of a proposed development at Shelly Bay. An MOU will be signed between Wellington City Council ...

Shelly Bay one of the projects iwi and council to work closely on under MOU.

Wellington's women-only taxi

Sophie's Angels owner Sophie Denman has started a women-only taxi service to help keep women safe in Wellington.

Sophie's Angels starts up in the capital to help prevent sexual assaults against women.

Investors take NZ housing

Wellington may be one of the few places where first-home buyers are toe-to toe with investors.

Investors responsible for almost half of Auckland house sales, as prices in the capital rise at record rates.

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Firms back kiwi to hold steady

Currency Signs On Green Dice As A Symbol Of Foreign Exchange
Image ID : 11725556
Image Type : Stock ...

ASB Bank tips New Zealand dollar to weaken over year but trading firms not convinced.

Unlocking the Asian diversity dividend

Nick Siu is the Director of The Agency 88.

There is a social and commercial incentive to embrace this change.

Digital interns take flight

Air New Zealand is considered a top tech destination for Kiwi talent.

Air New Zealand is fostering digital talent from the ground up.

Rob Stock: I'm not saving for a stranger

Mirror, mirror, on the wall, I don't relate to future me at all.

OPINION: Your brain sees future you as a stranger, so it's no wonder you can't be bothered to save for retirement.

Bitter sweet cakes big hit

"Get stuffed" cupcake.

Quitting your job, or breaking up with you partner, isn't easy. But now there's a way to sweeten the deal.

'Heat not burn' tobacco investigation

The "heat not burn" IQOS from Philip Morris delivers a nicotine hit without the harmful smoke.

Philip Morris is giving smokers private demonstrations of its "heat not burn" electronic tobacco devices, and insists it's not breaking the law.

Where is Facebook, really? video

Facebook data stored in Singapore

Used in NZ, hosted in Singapore, moderated in the Philippines, built in the US - it is everywhere, and nowhere.

Quarry dust 'killing us'

Anna and Neil Youngman wear face mask when moving around their Old West Coast Rd property.

"We knew it was toxic – we didn't know how bad, though."

Catch-22 for construction boom

Infometrics economist Benji Patterson says another 500 construction workers will be needed in Marlborough over the next ...

Is there enough accommodation for the influx of workers needed to meet housing demand?

What makes for a happy nation

Money can't buy happiness, but it certainly helps, as does having someone to count on.

Money can't buy happiness, but it certainly helps, as does having someone to count on.


Praise for NZ economy

Although the country's outlook is stable, New Zealand banks are vulnerable to high household debt, Moody's says.

International ratings agency says NZ well positioned to handle any shocks.

Stop moaning about your student loan

Uni graduates, check your privilege - you earn more and have better job prospects than the taxpayers who supported you.

Tax is changing

Avoid reno budget blowouts

small business

She's a real life spy

Infidelity is Anna Jeffs' most popular service but she also reconnects adopted children with biological parents, and ...

If you think your partner is having an affair, you're probably right.

I don't like start-ups

Running a business at any stage of its life is tough – especially for start-up founders who are often young and ...

OPINION: A lack of basic business courtesy and not knowing the rules of the game is why they fail.

World Shearing Championships lift ILT sales

Invercargill Licensing Trust general manager Greg Mulvey.

Visitors from the World Shearing Championships lifted ILT sales after a damp January.

Cycleway spells doom for dairy

The owners of Chappies Dairy say their business has fallen away with only one car park now outside their shop. Four were ...

Wellington shop owners say controversial cycleway has killed off customers and forced their retirement.

better business

Kiwi eels a hit in New York

Eels are becoming a more common sight on US restaurant menus.

New Zealand exports to North America more than double, year-on-year.

Geeks fight city hall and win

A bylaw was deemed invalid, so refunds are available for fines for parking a signwritten vehicle in a public place.

A Tauranga bylaw about publicity parking was ruled too broad, so council's giving people their money back.

Women need to negotiate pay rises differently

Sheryl Sandberg, billionaire and chief operating officer of Facebook, advises women to think personally and act ...

Managers are less likely to want to work with female employees who had asked for a pay increase than those who had not.

Who will love these Hatchimals?

24032017 Business Photo: CHLOE WINTER/FAIRFAX NZ. Hatchimals in The Warehouse Tory St, Wellington.

They were the must-have Xmas toy, but interest in Hatchimals could be waning.


Investors' record share of Auckland housing

Wellington may be one of the few places where first-home buyers are toe-to toe with investors.

Investors responsible for almost half of Auckland house sales, as prices in the capital rise at record rates.

Meth fears over blown?

A meth test can cost between $3000 and $10,000.

Some property managers claim methamphetamine is too big a risk for first time landlords to manage on their own.

Six steps to home ownership

Nadine Chalmers-Ross: When my partner and I bought our house a colleague was astonished we'd done it without any cash ...

OPINION: An account with the Bank of Mum and Dad could be key to buying your slice of paradise.

Chinese dollars sought for Brighton

Christchurch's New Brighton has been described as "one of the best coast development opportunities in a built up city ...

Christchurch's New Brighton is being touted to potential Chinese buyers as one of the best coastal city development opportunities in the world.

opinion & analysis

Playing your cards right

Peter Chisnall says regulation of card payments must reflect their popularity with consumers.

 OPINION; It's not just about rewards points! Peter Chsinall says payment cards offer speed and convenience.

Better leader, better business

Business coach Zac de Silva says leadership issues are at the root of struggling firms.

OPINION: Ask yourself the tough questions to be a better leader.

NZ's perfect chance

A partial shift from agriculture to horticulture would help lower the emissions rate in New Zealand.

OPINION: NZ is facing growing pressures, but our best economic opportunities have been laid out.

Housing solution not so super

Australia is considering following New Zealand's lead to allow retirement savings to be used to help fund houses.

OPINION: Helping some people into the market hasn't changed the problem - houses are unaffordable.


'Shearathon' raises thousands

Mark Herlihy pushes on during the last half hour of a 24-hour shearathon near Whangamomona during the weekend to raise ...

The Herlihy family lost a son and a brother. Over the weekend they rallied the way they knew best.

Carbon forest specs too small

Federated Farmers president William Rolleston says many trees planted by farmers aren't taken into account for emissions ...

Changes to the definition of a carbon forest would help farmers benefit from trading in carbon credits.

Farming apps of the future

A Smart Farm Solutions team are the winners of the AgTech Hackathon after going on a farm to try to come up with ...

Teams of students, start-ups and tech whizzes create apps to tackle common issues farmers face every day.

Positive dairying in the Sounds

Linkwater dairy farmers Jason and Amber Templeman, with son Isaac, are keen to improve the environment.

THE GREEN ISSUE: Desire to highlight positives of dairying drives Marlborough farmers.


An era ends for Starbucks

Howard Schultz was born in New York. His dad was an ex-United States army trooper and truck driver.

CEO Howard Schultz is stepping down from his second stint at the helm of the company he built into a global empire

The economist and the sex parties

James Shugg and his accomplices, including Sara Bleta, supplied "wholesale quantities" of drugs.

Australian economist and media commentator jailed for supplying drugs at "chemsex" parties. 

Painter's fake $5.1 trillion deal

"I always wanted to be wealthy, so I could have more free time with my family," says artist Antonio Lee.

An obscure Chicago artist became the world's richest man, and no-one thought to question it.

'Made in Bangladesh' - think about it

"Use your voice and consumer power to demand respect for our rights": Kalpona Akter from the Bangladesh Center for ...

COMMENT: Most of the world's clothing comes from production lines where mostly women and girls toil for long hours with appallingly low pay.

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