Business News

Measles scare at SkyCity hotel

A person infected with measles stayed at Auckland's SkyCity Hotel on May 22-24.

A case of measles identified in Manawatu has been traced back to Auckland's SkyCity hotel and there are fears other guests may have been infected.

ANZ censured over swaps

The country's biggest bank also paid $19 million in compensation to customers.

High Court censure for breaching the Fair Trading Act concludes the bank's settlement.

Ex-PM faces legal action

BDO has filed a civil case against Mainzeal's directors, including former prime minister Dame Jenny Shipley.

Dame Jenny Shipley is among Mainzeal directors being taken to court by the company's liquidator.

Coal miner Bathurst to delist from NZX

A loader works at Bathurst Resources' Cascade coal mine in Buller.

Cash-strapped coal miner Bathurst Resources will delist from the NZX in early July to save money while it waits for international coking coal prices to rebound.

Council CEO's interest probed

Queenstown Lakes District Council chief executive Adam Feeley.

Issues of trust and confidence raised over Queenstown council CEO's involvement in affordable housing proposal.

Leaky building costs council

The Nautilus leaky building case is going to cost Auckland ratepayers $23.7 million after the council agreed to pay the majority of the total cost.

Owners of 150-unit Nautilus apartment building welcome Auckland Council decision to pay nearly $24m.

House building consents dip in April, but apartments up

Statistics NZ figures showed a total 2112 consents were issued in April, down 1.7 per cent on March.

House building consents dipped almost 2 per cent in April, even as apartment consents hit a seven year high.

PM visited Saudi Arabia but not NZ farm hub

Awassi ewes at the Dammam, Saudi Arabia,  farm of Saudi businessman Hamood Al Khalaf.

Prime Minister John Key recently met the Saudi businessman who wanted to sue New Zealand for $20-30 million but did not visit the "showcase" farm on which New Zealand taxpayers have spent millions of dollars so far.

Food forests may replace playgrounds

Jacqueline Stewart presents a proposal to create food forests in place of 25 playgrounds in Invercargill and Bluff.

Playgrounds in Invercargill and Bluff could be replaced with food forests under a proposal presented to the Invercargill City Council's long-term plan hearing.

Frogparking takes another leap

Frogparking chief executive Don Sandbrook crouches by one of his company's revolutionary sensors in 2012.

A Manawatu parking technology firm has made more leaps, signing a deal with Christchurch International Airport.

F&P Healthcare profit jumps

Fisher & Paykel Healthcare's products for the treatment of obstructive sleep apnoea are helping grow revenue.

Healthcare product manufacturer's annual profit rises 17 per cent to a record $113m, beating its forecast.

Auckland housing land released

The McLennan housing development in Papakura.

The first 30 hectares of up to 500 hectares of surplus Crown land can now be used for development.

Megaupload 'mega blunder'

Kim Dotcom's seized Megaupload site has been hijacked by cyber criminals.

Seized website may have been used to distribute malware while under US control.

Bars to fight booze crackdown

Pubs and bars in Christchurch are facing tougher restrictions on their opening hours.

Christchurch Bars will appeal a tough new alcohol policy that will force most of them to close at 1am.

KiwiSaver enrolment for all?

Finance Minister Bill English says the Government will consider mass enrolment of workers in KiwiSaver now it doesn't have to pay them all a $1000 joining incentive.

After scrapping the $1000 KiwiSaver kickstart payment, Government is considering enrolling all workers. 

Once-a-day milking suits

Greg Topless, holding three-year-old daughter Faith, and wife Hannah milked their herd once a day in their first season of ownership of a dairy farm at Strathmore, east of Stratford.

New dairy farm owners thrilled with their decision to milk their herd once a day.

Drought brings out the good

Hard hit farmers have removed as much as half of their breeding flocks from properties around Cheviot to ease the drought pressure.

From bad often comes good as people rally around Cheviot farmers feeling the heat of the North Canterbury drought.

Bull operation set to expand

Te Mania stock manager Will Wilding with Beef Expo champion of champion bull Te Mania Jonah in the ring.

Expansion plans for Te Mania bull operation follow top competition results.

Crop yields hold up on shrinking land

Warren Darling credits favourable weather, growing management changes and a great team behind him for breaking the world record for the highest yielding barley crop.

Cropping farmers are managing to maintain much the same grain yields as five years ago on a shrinking land base.

Gina Rinehart saga not over

The 160-page judgment didn't pull any punches about Gina Rinehart's role as trustee – or her behaviour.

Australia's richest person and most powerful woman has suffered a A$5 billion blow.

Education the key to farm safety

Jane Ward from Colyton, Manawatu, learns safe quad bike riding with David Skiffington from FarmSafe.

OPINION: A punitive approach to farm safety will not work, writes Federated Farmers' Katie Milne.

Waihi faces 50 job losses video

28052015 NEWS Photo: Mike Scott/Fairfax NZ.Mining activities are on hold at one part of a Wahi gold mining operation, meaning 50 job losses Macmahon Contractors (NZ) Ltd.

After work drinks took on a special significance as workers rally to support each other.

Gold Awards finalists announced

Some of the finalists of the 2015 Gold Awards arrive at the Wharewaka on Thursday night. From left: Olivia lsen (Uprise), Richard Capie (BRANZ) and Sara Orsborn (Mytrucking).

Wellington businesses are sharp, sophisticated organisations, Wellington Gold Awards organiser says.

Debt likely for dairy farmers

Dairy industry experts say lower milk payouts will leave farmers needing to borrow to survive.

Dairy industry experts say lower milk payouts will leave farmers needing to borrow to survive.

Arena Capital in receivership

Jimmie McNicoll, director of Arena Capital.

A Christchurch-based investment firm subject to a Serious Fraud Office probe is in receivership.

Wind farm consent extended

24042015. News. Photo taken from web.
Trustpower - Tararua Wind Farm

Image taken from:

Meridian Energy has been granted a five-year consent extension for its wind farm, Project Central Wind.

Dairy farmers won't spend this year

Colyton farmer Federated Farmers dairy chairman, Mat Hocken.

Farmers will tighten the grip on cheque books after Fonterra announced it provisional payout for the season coming 2015-16

Just desserts for Tip Top boysenberry

Tip Top's boysenberry ripple ice cream is a winner.

Tip Top's boysenberry ripple ice cream has scooped another title at New Zealand Icecream Awards.

Grim times for dairy farmers

Waikato farmer Guy Kalma is just one of hundreds disappointed in Fonterra's reduced dairy payout .

It was the news every Waikato dairy farmer feared and had braced for.

Gina Rinehart loses family trust

Justice Paul Brereton appointed Bianca, 38, trustee of the Hope Margaret Hancock Trust, which is thought to be worth between A$4 billion and A$5 billion.

Gina Rinehart has lost control of a AU$5 billion family trust after a court appointed her eldest daughter trustee.

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