Job losses at Ericsson plant in Porirua

About seven people are set to lose their job at the Ericsson plant in Porirua. Pictured at the opening in 2013 are Minister for Communications and Information Technology Amy Adams, Ericsson Cables vice-president Christian Kimell, Chorus chief executive Mark Ratcliffe and Ericsson country manager Alfred Ling.

Ericsson is dumping one third of its staff at its Porirua factory, citing market changes.

Harvey Norman shoppers seek legal advice

A Harvey Norman online sale, which was wrongly priced, offered this furniture for $199.

Some Harvey Norman customers are considering legal action against the retailer over an online sales glitch.

Westpac still 'government's banker'

Westpac New Zealand chief executive David McLean says contract win makes it the "government's main bank".

Westpac has retained the bulk of the government banking contract, following a tendering process which dragged on for years.

Shunt a uni project-turned-business success

Nathan Hutchinson, left, teamed up with his former boss Bryce Moller to turn his university project into a successful business.

Courier services company Shunt started as a university project but is turning out to be a fast-growing success.

Tech entrepreneur partners with Skinny Mobile

The team from app company Postr, including head of partnerships Roger Shakes (left), founder Milan Reinartz, chief technology officer Mark Penman and head of sales Megan Hansen is already looking to expand into Asia.

App company Postr and Skinny Mobile have launched a new app that offers a win-win for users and advertisers.

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Residential Property

Council buys historic reserve

The hidden inner-city park that Wellington City Council have recently purchased at Flagstaff Hill.

Wellington City Council has bought Flagstaff Hill, an inner-city green space many Wellingtonians probably haven't heard off.

Fewer homes for sale

Higher turnover and demand lead to the lowest number of houses on the market since at least 2006.

'Walled-in' couple speaks out

Manawatu property market spikes

commercial property

Fairfax on the move

An artist impression of the new Auckland office for Fairfax Media.

The media company's Auckland office move is the latest step in a real estate transformation.

Proportion of working renters growing

White collar workers unable to buy a house near their work are not good for the economy.

Households with one working partner increasingly priced out of housing.

Glulam gets airport's 'kiss'' of approval

Giant columns of "glulam" are erected at the new Wellington Airport terminal extension.

Giant beams of "glulam" are being erected at the new Wellington Airport terminal extension.

'Mark's Folly' a folly no longer

Glen Hooker, overseer of ''Mark's Folly,'' says the building should be ready for occupation next February.

A Wellington developer's ''folly'' is scrubbing up nicely.

Complex in early stages

Building work planned for the corner of Melling Rd and Connolly St in Lower Hutt.

Plans are in the pipeline for another modern business complex in central Lower Hutt.

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