Business News

Wellington's 'Ponsonby' hub

The site of the former Greytown Four Square store and adjoining land, which was developed into new retail spot, is on ...

The "most sophisticated retail property ever built in the Wairarapa" is up for grabs.

Hutt project manager wins big

Rodney Verhoeven, of Hawkins, took out the top award for his work on the Walter Nash Centre.

Rodney Verhoeven, of Hawkins, took out the top award for his work on the Walter Nash Centre.

Big restructure at Martin Jetpack

Martin Jetpack chief executive Peter Coker is taking on a new role as vice president global community of innovators ...

Martin Jetpack has switched senior executives, laid off staff, and farewelled two directors

Corrupt mastermind or duped friend?

Flanked by supporters, Sir Ngatata Love arrives arrives at High Court in Wellington during the final week of the trial, ...

Crown claims Sir Ngatata Love was seeking enrichment. His defence says others took advantage of his trust.

NZ Post profit up, letters drop

AUCKLAND, AUCKLAND - APRIL 06:  New Lynn Kiwibank and Postshop on April 6, 2016 in Auckland, New Zealand. New Zealand ...

Postal service reports a $141m profit and parcel growth, but posties are delivering fewer letters.

Events centre and hotel delayed

The construction of Lower Hutt's apartment hotel has been delayed.

New brooms turning SLI around

US-based SLI chief executive Chris Brennan who was appointed last year.

SLI remains confident after making sweeping management changes

Company 'a device for bribe': Crown

Flanked by supporters, Sir Ngatata Love arrives arrives at High Court in Wellington on Monday. The case is set to ...

Sir Ngatata's corruption case wraps up with claims his partner's company was set up to gain multi-million dollar payment.

Apple harvester Scales steady

Scales managing director Andy Borland (pictured) says apple volumes are four years ahead of target.

The Scales apple harvest hit a record but earnings were relatively steady

Ebos on growth and profit roll

Ebos chief executive Patrick Davies has delivered a $123 million profit.

Christchurch-based Ebos has become a major player in the Australasian health products business

Elderly revolt over bank plan

News: Raglan Westpac bank.

What happens when an age-old tradition dies in an old-age town?

Meridian Energy to pay special dividend

Meridian boss Mark Binns says shareholders will be paid a special dividend.

Meridian Energy sells more power at higher prices in New Zealand and Australia.

Landlords concerned over new loan rules

Palmerston North landlord Shane Storey says new regulations that limit landlords ability to borrow at the same time as ...

Palmerston North landlords have raised concerns over the impact of incoming property investor lending regulations, that have been adopted by banks.

Christchurch section sales soar

Construction at the Two Roads subdivision at Woodend, north of Christchurch.

Real estate agents say buyers are jumping at the chance to nab higher-priced properties.

Partner 'wrongly used my name'

Sir Ngatata Love has told the Wellington High Court that his partner Lorraine Skiffington was claiming to represent him ...

Maori leader says it was "not acceptable" that partner was claiming to be acting on his behalf in negotiations.

Block in Special Housing Area

An artist's impression of Newtown's Mary Potter Hospice's proposed residential apartment block looking north-west.

Wellington Mayor Celia Wade-Brown confirms hospice's controversial building plans sit within Newtown's Special Housing Area (SHA), despite political questions.

Problems plague new fire trucks

$20m worth of new Fire Service trucks are plagued with problems.

"They are top-of-the-line appliances and we expect them to be right," says fire boss.

Finance companies refund $1.5m

The refunds by Adelphi Finance and Shaw Personal Finance follow on from a case in March where payday lender, Cash in a ...

Action by the Commerce Commission has led to borrowers being refunded $1.5 million from two finance companies.

CentrePort pocket $17.9m

CentrePort chief executive officer Derek Nind says the port's plans to deepen Wellington Harbour will bring increased ...

CentrePort pays owners Greater Wellington Regional Council and Horizons Regional Council $6.8m in dividends.

Briber's company in trouble

Gregory Hutt, pictured, appeard for sentencing in the High Court in Wellington in 2012, after earlier pleading guilty to ...

Company linked to man tied up in ACC bribery scandal runs into multi-million dollar trouble.

Love can't recall bank account

Sir Ngatata Love arrives at the High Court in Wellington on Monday, during his trial on fraud charges.

Maori leader said he had no memory of an account in his name used for a deposit on a beachfront property.

Neighbours fight hospice apartment plans

An artist's impression of Mary Potter Hospice's proposed apartment complex at Mein St in Newtown, Wellington.

Complex aimed at securing Mary Potter Hospice's financial future worries Newtown locals.

Erskine College upgrade backed in the bay

Architectural drawings of the renovated chapel in a proposed $30m housing redevelopment of Island Bay's heritage-listed ...

Island Bay meeting backs $30m Erskine College redevelopment.

Tax fraudster to leave jail

David  Rowley appearing at the High Court in Wellington in 2012 on tax fraud charges.

Former accountant David Rowley is due to be freed after serving about half his eight-year jail sentence.

From industrial to apartments

The former Burroughs building on Birch St has sold, but plans for the building are unclear.

An apartment block is planned for Oxford St in Lower Hutt.

Good start for commercial property market

Vacany is up, but rents are down in Wellington's commercial property market.

Wellington's commercial property market has had a strong first half of the year.

Love: house wasn't mine

Flanked by supporters, Sir Ngatata Love arrives arrives at High Court in Wellington on Monday, where he is giving ...

Maori leader says there is no link between awarding of lease on trust land and beachfront home he jointly purchased months earlier.

Peter Jackson spreads his wings

Sir Peter Jackson has given Weta Workshop the online distribution rights for his scale model kitset company, Wingnut Wings.

Sir Peter Jackson takes his "dream company" to another level.

Hi-vis over use risks gallery video

Hi-vis clothing is not mandatory on building sites, and safety experts say it's no substitute for good risk management.

Health and safety experts say over reliance on hi-vis clothing may be dangerous.

Ring before using Olympic rings

Hutt Valley High School students Bonnie Jansen,17, Matt Chin,18, Arianna Valentine,18, and Olivia Paulin,17, hope to ...

 Valueable lesson for HVHS students.

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