Business News

Competition prompts Forlongs demise

Hamilton retailer Forlongs is considering closing after 70 years, citing competition from multi-store operators.

Staff called to a meeting at short notice

Hospo owners face hefty furniture bill

Council staff is recommending a two-metre-wide clearway be enforced along all central city footpaths including Victoria Street.

A council rule change could cost Victoria Street bars and restaurants thousands of dollars.

Hotel permit-holders selling rare view of Aoraki Mt Cook

Aoraki Mt Cook Village is growing in popularity with tourists.

A Canterbury couple who fought a government agency for 20 years for consent to build hotel accommodation within easy reach of Aoraki Mt Cook are now selling their hard-won permit.

Is Gareth Morgan having a laugh?

Gareth Morgan is like New Zealand's eccentric uncle. He's got an opinion on everything, he's slightly annoying, but a good bloke at heart.

OPINION: Crowdfunding the private beach retreat of a multi-millionaire might not be quite as crazy as it sounds.

Whanganui's 'h' debate gets schooled

Victorian government promises on Gonski school funding are not in the bag.

There is nothing that irks teachers more than bad spelling.

NZX follows Wall St down

241109 PHOTO JOHN SELKIRK/AUCKLAND BUREAU. Shares. share. NZX, shareboard.

Renewed market turmoil has hit New Zealand, with the NZX down 1.3 per cent.

Sealord staff cut to go ahead

Staff at work on Sealord's Nelson wetfish processing line.

Sealord is to go ahead with the closure of its breaded hoki line for the Asian market, with 44 Nelson jobs to go.

Wellington house prices surge

Lack of property listings in the capital is putting pressure on house prices.

Lack of property listings in the capital is putting pressure on house prices.

Surcharge sting over long weekend

A 15 per cent surcharge was issued by Astrolabe in Mt Maunganui for Saturday, Sunday and Monday of Waitangi long weekend.

Hamilton woman annoyed with the surprise surcharge on the Saturday of Waitangi weekend.

Trapped in a rural 'dead man's land' video

Christchurch rural blockholder David Wilson says it's unfair to allow more housing in places like Rangiora and West Melton, but limit it in Avonhead.

Christchurch landowners say a highway makeover and land zoning change has marooned them.

Al fresco opposition

Made in Aotearoa owner Jetti Walker wants to transform the footpath and car parks outside his restaurant into an al fresco dining area.

Neighbouring businesses have shot down a proposal to replace car parks with outdoor dining.

UN seeks cuts to aircraft emissions

UN wants to introduce  standards for carbon dioxide emissions for aircraft worldwide.

UN aims to reduce aircraft emissions by the equivalent of 140 million cars' worth.

Court approves Kirks distribution

Going, going, gone. After 152 years Kirkcaldie & Stains closed its doors in January following a closing down sale. The store is being refurbished and will reopen at David Jones' first New Zealand store.

Kirks' shareholders set to share in $19 million payout after department store closure.

Christchuch values up in hills and eastern suburbs

House values.

Christchurch's fastest-rising house prices are in the city's eastern and hill suburbs.

What happens to your money if your bank fails?

Frustrated Greek bank customers wait to get into a branch after a three-week account freeze. The OBR is designed to avoid such lengthy freezes for Kiwis should a bank collapse here.

There are no easy solutions and when a bank goes under, somebody is going to lose money.

Opened cheeseburger up for sale

The cheeseburger that was posted on Facebook for $3.

Online sale for a cheeseburger started as cheesy joke.

Underwater restaurant driven through New Plymouth

The multi-million dollar underwater restaurant which will be shipped to the Maldives in the Indian Ocean.

A 450 tonne underwater restaurant is leaving New Plymouth for a spot in the Indian Ocena.

CentrePort selling waterfront land

CentrePort Wellington is selling its land located at 1-19 Shelly Bay Rd.

More of Shelly Bay is up for grabs for developers as CentrePort Wellington sells its land.

Manning's $19.8m gift delights beer company video

Denver Broncos' quarterback Peyton Manning professed his love for Budweiser in his post match interview.

Payton Manning's post game speech turned out to be beery good for Budweiser.

'You can't put a price on this'

Natures Wonders Wildlife on the Otago Peninsula is up for sale.

A 172-hectare slice of rugged coast, pristine beaches, and endangered wildlife is up for grabs.

ABs 'too friendly with Springboks'

Mental preparediness became key for the All Blacks ahead of the knock-out stages of the Rugby World Cup.

The World Cup All Blacks had extraordinary data at their fingertips, but it could only go so far.

No need to rewrite RBNZ rules

Finance Minister Bill English says Reserve Bank fraemwork designed to lower inflation, not push it up.

Low inflation isn't inhibiting businesses, so English has no plans to change Reserve Bank rules.

How to 'steal' a business

Steve Jobs said: "Picasso had a saying - 'good artists copy; great artists steal' - and we have always been shameless about stealing great ideas."

Zany ideas are a dime a dozen, but very few go on to become successful businesses.

Supermarkets rubbish waste law

Kiwi supermarkets say they already have well-established systems to avoid wasting unsold food.

NZ supermarkets say they don't need regulation to stop them throwing away food waste.

Labour 'won't quit TPPA'

Labour leader Andrew Little said the party would fight "tooth and nail" for changes to the TPPA if it became Government.

But Andrew Little says the party would fight "tooth and nail" for changes if it became Government.

Latin America overlooked

Ecuadorian bananas.

Latin America being overlooked by Southland businesses.

321 Facebook threats

Eight people have been charged under section 22 of the Harmful Digital Communications Act.

Woman "feared for her safety" after ex-employee sent her 321 threatening messages and images on Facebook.

Employers ignoring labour inspector orders

Susan Hornsby-Geluk says employment cases are rising.

Legal action against employers for failing to meeting minimum employment standards is trending.

Capital gains as Auckland drops video

In Wellington, values are rising at a pace not seen since before the previous peak of 2007.

As Auckland house values drop for the first time in a year, Wellington prices are booming.

Twitter shares hit all-time low

Twitter stock prices has fallen more than 5 per cent.

Twitter's stock price falls to its lowest level ever ahead of its upcoming quarterly earnings report.

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