'Armed maniac' jailed for fraud

John Fagan

Man who once introduced himself to Sir Paul Holmes as an "armed maniac" is jailed for millions of dollars worth of fraud.

Air NZ defends airfares

Air New Zealand says prices are significantly lower than five years ago, but it will keep trying to bring fares down.

Kiwi quiet ahead of dairy auction

Nz dollar money coins

NZ dollar flattens out after a tumultuous start to the week, but the GlobalDairyTrade auction could push it lower.

Business sentiment sours


Business confidence has dropped to its lowest level in two years.

RBNZ's kiwi efforts praised

NZ dollar down

Reserve Bank wins applause from manufacturers and exporters over its move to dampen the currency. | Kiwi quiet ahead of auction

Precinct may sell office towers

Auckland skyline

Aussie fund manager wants to buy 125 The Terrace in Wellington and SAP Tower in Auckland.

Carol Hirschfeld joins Radio NZ

carol hirschfeld

Radio New Zealand appoints Carol Hirschfeld as head of content, after her job at Maori Television disappeared.

Housing activity slows

house building

A lull in building work before this month's election is expected to turn around, but apartments remain strong.

New ferry in Waiheke waters


For the first time in a decade two companies will run ferries between Waiheke and Downtown Auckland.

Free harness costs employer


Worker's injury with unsecured harness costs roofing company $48,000 in fines and reparations.

Energy Mad targets Aussie shoppers

Energy Mad, Chris Mardon

Christchurch energy-efficient lightbulb firm flicks the switch on the launch of its Ecobulb across the Tasman.

Air NZ touches down for AGM

Air NZ

Investors will be hoping for something new to come out of the national carrier's AGM today in Christchurch.

MRP boss exits with $2.2m

Doug Heffernan

Ex-Mighty River Power boss walked away with a pay package 68 per cent higher than the previous year. | Boss paid '120 times more'

Dive firm pleads not guilty

Poor Knights

Director of a charter company whose boat propeller killed a diver in Northland enters two not guilty pleas in Whangarei District Court.

Kiwifruit growers to sue Govt


They say negligence in letting the devastating PSA virus into NZ has cost their industry at least $885m.

Helping hand for leaky homes


Banks have streamlined the lending process for apartment owners struggling to get loans for leaky building repairs.

Dollar dips on intervention talk

dollar coin

There is ongoing speculation the central bank sold NZ dollars to bring the currency down.

Fonterra brand news expected


The dairy giant at an announcement last week when it revealed a 76 per cent drop in annual net profit.

Finance and business diary


Business and Finance Diary - week to October 3.

Antarctica deserves to be valued


Christchurch needs to better recognise the economic activity associated with the polar region, Antarctica NZ says.

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