Finance company failures were predictable

market storm

Hindsight is a fine thing, but warning signs foretold the mess finance companies got into in the financial crisis.

Sky goes on-demand with Neon

Service aimed at Kiwis who don't currently subscribe to Sky will cost $20 a month.

Low deposit house hunters on the rise


Banks are still keeping well clear of RBNZ lending restrictions, but mortgages written on small deposits are up.

Plunge for new SkyJump owners

AJ Hacket's bungy business takes over Sky Tower's SkyJump and hopes for a leap in tourist numbers.

Auckland commercial property values rise

Auckland CBD

Industrial and commercial properties follow Auckland housing's suit with a big jump in capital valuations.

Office workers feel the squeeze

office worker

We are all working a little closer together as employers cram in more desks to save on costs, a survey shows.

Pike re-entry decision may be delayed

Bernie Monk

A decision on whether to re-enter the Pike River mine tunnel may be deferred to consider more expert evidence.

Responsible drinkers would suffer from shorter hours, expert says


Responsible drinkers would suffer most from shorter off-license hours, marketing expert says.

Terry Serepisos not bankrupt, will give evidence

Terry Serepisos

The former Wellington Phoenix football club owner Terry Serepisos has been discharged from bankruptcy.

Improvements lined up for Kerikeri's airport

Aircraft and passenger facilities at Bay of Islands Airport in the Far North are set to be upgraded.

Jail 'almost inevitable' for fraudster

Clients of Nelson fraudster Tony Mount feel relieved and vindicated at his conviction.

Lewis Road tops for taste and sugar


A blind taste test puts the coveted chocolate milk at number one for taste - and sugar content.

New recession looming says economist

Generic money

A leading economist warns of a potential recession in New Zealand within two years.

Aircraft imports weigh on NZ trade balance

Survey shows businesses are confident that export orders would pick up in the next 12 months.

The arrival of new Air New Zealand planes left the country with a record $1.4 billion trade shortfall in September.

Appetite still strong for land

Scott Mirfin

The sale of two Canterbury dairy farms is at odds with expectations lower payout forecasts would cut investment appetite.

Biz Quiz: Week ending October 24


Think you know all things business? Challenge yourself with this week's Biz Quiz.

Farmers muster up fight against droving bylaw

Cattle being driven to town from the Taranaki back-country.

Council asked to ''get out of farmers' hair'' over bylaw proposal that will require permits for the frequent movement of livestock.

Bid for Acurity gets OIO approval

Wakefield Hospital, Acurity

A takeover offer for the Wellington-based healthcare company has passed another hurdle.

Crowdfunding plan for green coke scheme


Marlborough clean-tech company CarbonScape has started a crowdfunding project to start the supply of "green coke" to NZ Steel.

Vincent Aviation enters receivership

 charter flight

Wellington-based firm, which has about 30 workers, says it was brought down by its Whisperjet payments.

Sacked bus driver gets job back

Go Wellington bus

Driver was fired after an elderly passenger was left hanging from the front doors of his bus.

MediaWorks looks ready for 2015 float


Speculation is mounting that the TV and radio company could list in the first months of next year.

Council 1080 backing 'toxic'


More than 100 protesters have gathered outside a West Coast council to rally against its backing of a company planning to manufacture 1080 pellets.

Marina firm has $1.3m in debts

A Queenstown marina company connected with a prominent Christchurch lawyer owes about $1.3m.

Marryatt takes an $800,000 final walk

Tony Marryatt

Former Christchurch City Council boss Tony Marryatt left his job with an $800,000 payout.

Fieldays thinks big


The southern hemisphere's biggest agricultural event is hoping for government help to go bigger.

Weta caves in to demand for more

Weta cave

The busy dwarfs at Sir Peter Jackson's movie empire in Miramar have tunnelled out a new Weta Cave.

Bidding to be property auction champion

Auction competitor

An Auckland auctioneer has been crowned the real estate king at the Australasian championship.

New crane gives port extra lift

Crane at Lyttelton Port

$12m ship-to-shore gantry crane starts operating at Lyttelton Port of Christchurch, supporting faster container transfers.

Port of Tauranga expects similar profit

Port of Tauranga

Port of Tauranga has given guidance for its full-year after-tax earnings to be about $78 million to $83m.

Price of fuel drops; should go further, says AA

petrol pump

Fall in oil price leads to another cut in fuel cost, but AA says motorists still pay too much.

Quakes fuel boost to Wellington economy

Scaife Timber

Hundreds of thousands of dollars worth of native timber is being salvaged from quake-prone Wellington buildings.

Home loan rate rises further off

LVR, interest rate, mortgage, money

In good news for borrowers, short-term interest rates are likely to say on hold for another year, with the inflation genie well corked for now.

Wool farmers to buy yarn mill

Wool scouring

A group of wool farmers has proved successful in buying a failed Christchurch yarn mill.

Fonterra dryers could bring 250 jobs


New milk powder dryers at Fonterra's Studholme site will generate hundreds of jobs for South Canterbury.

Auckland Airport sticks to forecast

National gateway is on track to deliver annual net profit of up to $170m, on par with last year.

Infinity boss Bob Robertson steps down

Bob Robertson

Award-winning Peninsula Bay developer Bob Robertson, of Wanaka, has retired for health reasons.

Kiwi flies lower on inflation data

NZ dollar down

NZ dollar falls after inflation came in lower than expected, giving the RBNZ room to keep rates on hold.

Government seizes Korean trawler

melilla 201

Sources say the rusty ship will probably cost more to sell than Government can make from any sale.

Rates hike for some Aucklanders

auckland property, houses, mortgage

Auckland's 29 per cent increase in property values has cemented a rate hike for many homeowners.

Plaintiffs delay filing of Psa claim

PSA kiwifruit vine

A group attempting to sue the government over the 2010 PSA outbreak has delayed filing key papers in the High Court for the second time in less than a week.

Mount convicted of $510,000 fraud

tony mount

Nelson man Tony Mount has been found guilty of $510,000 fraud and has been told to expect prison.

BNZ boss Anthony Healy's 5-point plan

BNZ chief executive Anthony Healy

Knee-jerk responses to foreign investment betray 'close-mindedness' at odds with NZ's image, Anthony Healy says.

Sam Morgan may face fire action

Smoke in Wanaka

Trade Me founder could face legal action after burn-off on his property smoked out Wanaka.

PGC confirms Epic stake sale

coins, NZ money

Suspended listed company sells its 27 per cent stake in the Epic investment fund for $25m, well above written value.

KFC feeds Restaurant Brands result


Restaurant Brands shares climb to a record high after the fast food business posts a 19 per cent increase in half-year profit.

Low inflation set to crimp rate rises


Lower than expected inflation raises the possibility of rate rises being delayed. | Kiwi flies lower

New lease of life for iconic hotel

Putaruru Hotel

Sixty years of majestic beauty and history is being revived in the Putaruru Hotel - carpet, wallpaper and all.

Heartbroken and living in KFC

KFc China

Dumped woman seeks solace in the form of fried chicken, to avoid memories of her boyfriend at home.

Lenders warned over credit fees

Open purse and money

High Court clarifies the rules lenders must comply with when charging credit fees to borrowers.
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