Business News

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.

Farmers face 'brutal' times

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Federated Farmers predict brutal six months ahead for dairy farmers as Fonterra cuts milk price forecast for this season.

Fairfax plans further editorial restructure

Sinead Boucher, group executive editor for Fairfax.

Media company unveils widespread editorial changes amid challenging conditions.

Port guilty over crushing death

CentrePort worker Mark Samoa was killed when a forklift driver failed to see him and pushed two huge packs of paper pulp together, crushing him on  January 20, 2013.

Sisters of a man who died after being crushed between two pulp bales cried in court as they told of the impact of his death.

A town with no pub video

Eketahuna Commerical Hotel managers Phil Ryan and Kaye Brotherton.

Locals up in arms as last orders are called at Eketahuna's only pub.

Fifa U-20 raises capital's profile

Argentina's Giovanni Simeone (L) and Uruguay's Mathias Suarez compete for the ball during their match for the final round of the South American Under-20 Championship in February.

Despite tens of millions tuning in to Wellington for under-20 football, Wellington may see little gain from it.

Investors borrow up large ahead of crackdown

Property investors account for one in every three dollars borrowed in the housing market.

Investors borrowing $1.8 billion make up one third of the mortgage market.

Quenched vows to return refuelled

Quenched was advertising with the phrase: "Don’t stop the party at your place early, we are here to help."

Booze delivery service says it will be back in business soon, despite criticism.

Freedive for dolphins video

William Trubridge Plunge Free Dive.

Wellington game studio teams with NZ's top free diver to help save endangered dolphins.

ParrotDog toast Aussie beer win

ParrotDog brewery was awarded champion international brewery at the Australian Beer Awards. Celebrating from left, Elvin Els, Kit Mulligan, Wattie Watson, Matt Warner, Matt Stevens, Matt Kristofski and Andrew Muckle.

Wellington craft brewers ParrotDog expect strong growth after several Australian Beer Awards.

New CEO for Palliser Estate

Richard Riddiford, founding managing director of Palliser Estate Wines is retiring after 25 years.Pip Goodwin will now take up the position as chief executive.

The founding managing director of Palliser Estate Wines is retiring after 25 years at the helm.

Why NZ should promote Wellington

Wellington has a highly educated population – it has substantial latent intellectual capital that could be leveraged to significant economic gain for New Zealand as a whole.

OPINION: Wellington has the potential to help national growth by taking some of the pressure off Auckland.

More than new tech

Larry Keeley, an innovation expert from the US, will host workshops in Wellington and Auckland in May.

A United States innovation expert is set to change what Wellington businesses owners know about innovation.

Wellington soda business bubbling

Owners of Six Barrel Soda Co, Joseph Slater and Mike Stewart are growing their business and concentrating on the wholesale side of trade.

It's only been three years but Wellington business Six Barrel Soda is thriving and predicting more growth.

Lack of quake help disappoints

Wellington's quake-damaged Old Public Trust Building will be strengthened for the Culture and Heritage Ministry.

Commercial building owners say it's ironic a building has to collapse for it to get tax relief

Budget a stable platform for business growth

Wellington Employers Chamber of Commerce chief executive John Milford.

A $40 million investment in Te Papa, the prospect of more jobs, higher wages and the signalling of further tax cuts was good news on Budget day for Wellington, business leaders say.

Higher airfares with new tax

Travellers will be charged $22 in new departure and arrival taxes when flying internationally.

The Government announced in Thursday's Budget that it will sting passengers with $22 in arrival and departure taxes.

Farming evolves to control erosion

Stan Braaksma (L) of the Wellington Regional Council and Highcliffs owner Ed Beetham discuss erosion planting on the Wairarapa farm at Wainuioru.

With a broad sweep of his arm, soil conservator Stan Braaksma traces his 20-year involvement with Wairarapa farm.

Further falls for dairy prices

A screen grab from the GlobalDairyTrade website show recent auction price trends.

Prices slip at Fonterra's GlobalDairyTrade auction for the fifth time in a row, with more expected.

Generation Rent

Stock Photo - Conceptual image - dream of own house
above, accessibility, achievement, aspiration, aspirations, beautiful, challenge, cloud, concept, door, doorstep, doorway, dream, enter, entering, entrance, exit, flying, formation, freedom, growth, habitation, heaven, high, home, house, idyllic, imagination, imagine, ladder, mortgage, motivation, moving, nature, open, opening, opportunity, progress, real estate, residential, sale, skies, staircase, stairway, steps, success, tall, top, up, way, white, wispy home ownership LVR housing real estate prices house generic

It's how one economist is labelling the young Kiwis locked out of the home ownership dream.

Final view before wreckers move in video

The old Napier hospital building, which was closed in 1998 and has dominated the city skyline since it went up in 1968, is coming down to be replaced by two eight-storey apartment towers.

Demolition of the old Napier Hospital, a fixture of the city skyline for 47 years, begins this month.

Airport lines up $100m ideas

Wellington airport plans to extend the domestic terminal and international arrivals terminal and aims to build a weather-proof multi-level carpark.

A new hotel and a 300m runway extension on the cards for Wellington Airport.

Biscuit-machine victim not paid

The biscuit-baking machine at the time of the woman's injury, top, and later after guards were installed to protect workers.

Woman whose arm was burned in a baking machine over 40min, is likely still owed $45,000 reparation.

Craft beer given a break

Restrictions impacting craft beer sale have been removed from the Auckland Council alcohol policy.

Auckland Council's proposals to restrict the sale of craft brews removed from policy.

Email receipts replace paper

Hallensteins store, Cuba St, Wellington.

Some big stores now offer email receipts - but what does that mean for your privacy?

BurgerFuel firing up in Upper Hutt

On the tools, BurgerFuel owner Matt Kingi is busy at the Upper Hutt store at its opening today, May 18.

BurgerFuel is fired up in Upper Hutt, with a financial incentive packaged from the city council sealing the deal.

Judge refuses instalment plan

NZ court generic

Businessman who owes millions of dollars to creditors won't be allowed to pay back debts with instalments.

NZ migrants send millions home

New Zealand dollar, NZ money, cash

Migrants, using a Wellington-based remittance company, are sending millions of dollars 'home' each month.

Target property speculators

Deborah Russell, a Massey University accountancy lecturer is calling for changes to the tax rules for property speculators.

Tax specialist Deborah Russell says property speculators' ability to claim tax deduction should be reconsidered.

Insurance claims flood in

Flood evacuee Alex Hack retrieves his dinner from his flooded house in Moa Rd, Raumati.

Insurance claims flow in after Thursday's floods and tornadoes, but it will take time for the damage to be assessed.

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