National business

Lawyer struck off after client loses house

housing sold property

Two-timing lawyer is fined and struck off after his advice led to one client losing her house – to another client.

Firms' tax avoidance steps taken by OECD

Taxing Times

Finance ministers are expected to ratify the first part of a plan to restrict multinational tax avoidance.

Solid Energy gets $103 million lifeline

solid energy

Government will provide cover for restoring mining land and to avoid state-owned miner's technical insolvency.

Foodstuffs South Island hub converted

Foodstuffs Christchurch

Foodstuffs' former South Island distribution hub is being turned into a major Christchurch warehouse complex.

Christchurch Airport profit drops

Christchurch Airport posts a near-15 per cent fall in annual profit, despite rising passenger numbers.

Christchurch firms warned over migrant fees

peter townsend strap

Many employers are not aware migrant staff are paying off fees up to $13,000 to come to NZ.

Three-level Bunnings approved

Bunnings

Court grants resource consent for controversial Bunnings store in Auckland's Arch Hill.

Fishing vessel not authorised

Lafayette

A ship claiming to be the world's largest fishing boat is taking vast amounts of jack mackerel in the South Pacific without permission.

Fletcher Building boss gets $75k pay rise

Mark Adamson

Mark Adamson will pocket a bigger pay packet taking his annual salary to $1.8 million, alongside a $2.15m bonus.

Aussie CEO pay down but still too high

Australian dollars

OPINION: Compared with the money mere mortals take home, CEO pay in Australia is the lowest it has been for 11 years.

Entrepreneurs nervous about election

Ballot box

Their economic outlook remains positive but the election and chances of a change in government and new policy agendas prompts some caution.

GDP growth slows but still 'solid'

coins, NZ money

Despite slowing from earlier this year, GDP remains solid as the economy moves to a more moderate rate of expansion.

Indonesians study our cows

Indonesians on a Fonterra scholarship check out the welfare of cows at Massey University’s No 1 dairy farm.

Indonesian dairy farmers are learning about cow health in their four weeks in New Zealand.

Kiwis lag on corporate social responsibility

handshake

NZ organisations know about Corporate Social Responsibility but why are they so slow to implement it?

The haves and have nots - a tale of two streets

	 Guy Smith

There's close to a million dollars difference in property values between two Hamilton streets.

NZ dollar slumps against greenback

NZ dollar down

Kiwi hits a seven-month low against the greenback as the US Federal Reserve signals steeper interest rate rises.

Air NZ has high hopes for Nelson hub

Air NZ

Air NZ wants to turn its Nelson turboprop facility into an Australasian maintenance hub.

US Fed keeps rates at record low

US Federal Reserve

The Federal Reserve signalled its plans citing that a broad range of US economic measures remain subpar.

How much has the economy grown?

coins, NZ money

GDP numbers are due this morning, detailing economic growth in the three months to June 30.

Motels cast fishing crews adrift

Motel

Drunken, bed-wetting fishing crews are unwelcome at South Canterbury motels.

Greens spoof Nats' dirty river row

Undermining efforts to clean up Waikato River

Russel Norman and Rob Hamill

Dairy conversions are undermining attempts to clean up the Waikato River, says The Green Party.

Paperwork saved farmers from job scam

Writing

A farming family has discovered the value of a signed contract over a handshake.

Small-print ruling 'win for consumers'

advert

Retailers are warned they can no longer use fine print to hide information or mislead people.

Blog: How to make a million-dollar property plan

strap

Property expert Mal James provides advice on a three-point-plan that will help you find the perfect new home.

Synlait Milk takes top award

Synlait milk

Canterbury's two top businesses hail from the dairy and tourism industries.

ACG expands further offshore

DannyChan

Launched in the 1990s with just one local campus, Kiwi private school group ACG has grown into an international education provider.

PGC announces offer to gain controlling 49 per cent stake in EPIC

Stock market NZX

Pyne Gould Corporation has announced it will make an offer to lift its holding in an infrastructure fund to 49 per cent to secure control.

Financial advisers question CG tax

Kiwisaver

Investors looking for a safe-haven from Labour's proposed capital gains tax would flood into KiwiSaver and away from the sharemarket, experts say.

Brazil hub for Tait's growth in South America

Tait Communications

Tait Communications says its Latin American revenues will grow significantly with purchase of SGM Telecomunicacoes.

Power boss on $32k a week

dennis barnes

After turning in a bumper profit, Contact Energy's Dennis Barnes appears to be the top paid power company chief exec again.

Overall spat costs meat company $20,000

meat worker

An argument over white overalls with the Meatworks Union has cost an Invercargill meat company.

Flock Hill owners deny 'evicting' tour operator

flock hill farm

Owners of Canterbury station say they were about to sign new deal with local tour operator. l Job losses 'red herring'

Fairfax no comment on APN speculation

Newspapers

Fairfax Media declines to comment on speculation it had been "named" as a possible buyer of APN's NZ assets.

NZ homes among least affordable: BIS

Auckland house for sale

A survey from the world's most senior bank confirms NZ houses are close to being the globe's most unaffordable.

South Korean-flagged vessels sent to port

Sur Este 700

Inspection in the Tasman Sea sees two South Korean-flagged fishing vessels ordered back to port over pollution issues.

Turners drives up Dorchester profit

turners car auction

Planned takeover of car auction business will raise Dorchester's annual pre-tax profit by up to $10m within two years.

Radio spectrum auctioned on Trade Me

radio spectrum

Media moguls will be able to bid for millions of dollars worth of radio spectrum on popular online site.

Flock Hill job losses a 'red herring'

flock hill farm

PM says Flock Hill's overseas owners must create value for NZ and loss of 16 jobs a 'red herring'.

Auckland commuters left waiting

motorway

Auckland's wait for speedy public travel continues as council comes to grips with northwestern busway project.

Scottish 'Yes' for Kiwi shoppers

Yes Scottish independence

Kiwi online shoppers and holidaymakers will be the likely winners if Scotland votes for independence.

Danone plans NZ food hub

Danone, John Key

French food giant has big plans for its NZ infant formula products after buying two Kiwi companies.

Fears investors would shun shares under Labour

Sharemarket

RICHARD MEADOWS - Stuff

Investors seeking a haven from Labour's proposed capital gains tax would flood out of NZX and into KiwiSaver, experts say.

Fake NZ bank used in US fraud

US dollars, greenbacks, money

A phony NZ bank was set up in the US to help steal millions of dollars from developers.

Agent says advice ignored in $6m sale fail

house for sale

Vendors didn't follow advice over the sale of an Auckland mansion which fell through two years later, real estate agent says.

Airways to train Chinese air traffic controllers

an air traffic control tower

State-owned air traffic controller will train 200 Chinese air traffic control staff.

Pig farmer rescues protester

farmwatch protest Bloem

A protester had to be helped down from a Dunedin pig farm by the farmer himself this morning.

Worker unfairly fired over fridge theft

Tonys

Tyre service worker sacked for stealing fridge didn't do it - though he probably knew about it.

Heaphy in Women of Influence finals

 Loren Heaphy

Nelson woman Loren Heaphy's stand against cyber bullying has seen her named as finalist in the Women of Influence competition.

Board shakeup for Ryman Healthcare

stethoscope

The NZX-listed company has announced two new directors and the departure of a long-serving board member.

Government change could hit markets

market down

Polling suggests National will be re-elected on Saturday, but markets are not 100 per cent sure, an economist says.
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