Industries

Election jitters see confidence fall

Stock market NZX

Business confidence is retreating, diving to a two-year low, and pre-election politics are to blame, ANZ Bank says.

Russian trade deal in limbo

Tim Groser

NZ came within an ace of finalising a free trade agreement with Russia, Belarus and Kazakhstan before the Crimean and Ukraine crises stalled talks.

Free trade agreement 'close'

South Korea’s ambassador to New Zealand has ramped up expectation that a free trade agreement is imminent.

18pc pay rise for port boss defended

lyttelton port

Lyttelton Port of Christchurch chief executive Peter Davie's salary keeps rising, this year by 18 per cent to $1.24 million.

'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

economy

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

Ferry

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

Free harness costs employer

Gavel

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

kiwifruit

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

Helping hand for leaky homes

Builder

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

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