Business

Cera set to hand over safety reins

cera

Cera is preparing to end its involvement in structural safety assessments of building stock.

Bankrupt but not beaten

carl Gifford

Ex-owner of Carlucciland, an eccentric museum, mini-golf and paintball venue, is declared bankrupt.

Bid to avoid Flock Hill farm sale to US company fails

Sheep

US company will gain full control of a Canterbury high country station after appeal fails.

Final Fonterra report released

Fonterra

The Commerce Commission has released a largely unchanged final report on Fonterra's base milk price calculation for the 2013-14 dairy season.

Water tax may hit farmers hard

Irrigator sprays water.

Canterbury farmers may be forced to pay the bulk of a $40 million a year irrigation tax.

Planned Kathmandu base already on property market

kathmandu

Kathmandu's new national head offices are for sale even before they are built.

Retirement villages may amalgamate

retirement

Nineteen retirement villages and aged-care facilities across NZ consider a plan to amalgamate.

Kiwi firms suspended over fees

migrate strap

Philippine authorities suspend two NZ firms from recruiting workers over claims of exploitation.

Energy sales major boost for Infratil

Infratil logo

Infrastructure investor Infratil sells Lumo Energy and Direct Connect Australia to Snowy Hydro Ltd for NZ$742m, pushing up Infratil shares.

Remarkables skifield main priority for 2015

Despite a tough year at its Mt Hutt field, NZSki is going ahead with further investment at its southern skifields.

Company fined $70k for forklift death

Man being run over by a faulty forklift at concrete factory was a "tragedy waiting to happen''.

Fulton Hogan botches sacking for dope

Fulton Hogan unjustifiably sacked worker who claimed he inadvertently ate two hash cupcakes.

Windflow Technology narrows loss

Windflow

Turbine-maker Windflow Technology today reported a $5.2 million loss for the year to June 30.

Glenorchy Lodge worker fired over hot chips

Joe's Garage chips

Lodge owner ordered to pay worker more than $8000 in lost wages and compensation.

Supreme Court decision a win for quake claimants

Court

OPINION: The Supreme Court's first decision arising from the Canterbury quakes will have wide-ranging impact.

Troubled building company promises good news

Williams and Co

The owner of building company Williams and Co insists customers need not worry.

Court rips into poor communications

Court

Communication key in case of contractor who ripped up supermarket carpark after not being paid, law firm says.

Uprising Climbing Holds: Business against the wall

rock climbing

Uprising Climbing Holds owner Sefton Priestley has been rock-climbing since he was a child.

NZ-registered firm in money 'spin cycle'

Generic money

New Zealand shell companies may have played a part in the biggest money-laundering operation in eastern Europe.

The rebuild's Aussie angle

Aussie rebuild

Australians are arriving in larger numbers wanting to "avago" in the Christchurch rebuild.

Property market on pause for election

Scott Mirfin

Looming election slows house sales nationally, but Christchurch prices are still climbing.

Turners goes to Peru for grapes

Grapes

Turners G& Growers has signed a joint venture with Chilean fruitgrower Unifrutti to grow table grapes in Peru.

Directors fined $35k for breach

Generic money

Two Christchurch businessmen have been fined $35,000 each for breaches of the Financial Reporting Act 1933.

$6.5m invested in jetpack fundraiser

Martin Jetpack

Martin Aircraft raised $6.5m from high-net-worth investors for developing "jetpack" flying machine.

Talisman's stockpiles hold first gold in decades

gold

Dual-listed New Talisman Gold Mines says stockpiled ore from its Talisman site on the Coromandel Peninsula shows encouraging grades of gold per tonne of material.

Interest rates likely steady till March

Graeme Wheeler

Future interest rate rises may come much later and be smaller than earlier expected, economists say.

Kennett: Years of crises are upon us

Jeff Kennett

NZers should prepare for a world in which people try to flee troubles in their own countries, ex-state premier warns.

City Care profit almost quadruples

canada st cleanup

Christchurch council-owned infrastructure and maintenance company quadruples profit to almost $13m.

Martin Aircraft raises $6.5 million

Martin Jetpack

Martin Aircraft raises money from high-net worth investors as it continues to mull an initial public offering.

APN cans planned bond issue

apn

The Australasian media company said investor interest, while significant, was not satisfactory.

Reserve Bank holds interest rate

Graeme Wheeler

The next Reserve Bank interest rate rises may come much later and be smaller than earlier expected. | Reprieve on rates

300-bed backpacker lodge for Christchurch

Artist's impression of new backpacker lodge in Christchurch.

A new 300-bed, multimillion-dollar backpackers is planned for Bealey Ave in Christchurch.

Islington industrial park welcomes first tenant

Waterloo Business Park

It has taken a decade, but Islington industrial park finally has its first occupant.

Small business growth hits 5yr high

small business

Revenue growth for small and medium-sized businesses is at a five-year high, pointing to wage rises and job growth.

Winemakers mourn loss of Alex Corban

Wine

Industry pays tribute to a man they say helped make the $1.2 billion NZ wine industry what it is today.

Developers' insurance appeal dismissed

islington park

High Court ruling in favour of insurers of quake-damaged Islington Park stands after developers' appeal dismissed.

Higher rents, but better value tipped

CBD

Tenants are being told they will benefit from being back in central Christchurch.

Guest nights inch higher in July

Backpacking

Business picked up for hotels and motels in July particularly in the South Island, partly reversing a big dip in June.

'Incredible demand' for used import cars

Used cars

Significant weakening of the Japanese yen fuels "incredible demand" for used import cars in NZ.

Retention trust small gain for little contractors

Construction generic

Small contractors stung by building company collapses will get little change from Construction Contracts Act changes.

Smiths faces legal suit for cancelling contract

Smiths City

Second-hand appliance retailer seeking more than $500k in damages after chain cancelled contract.

Gough keen to join advisory group

antony gough

Developer hopes Govt transition out of Christchurch recovery will include 'not just politicians'.

Five new directors for CCHL businesses

Bob Lineham

Christchurch City Holdings announces five new directors for three city-owned trading companies under its supervision.

Knighthood tops off Sir Robert's 'bucket list'

Sir Robert Stewart being knighted

A knighthood is another tick on the bucket list for Canterbury's Sir Robert Stewart.

IRD seeks firm's liquidation

Rob Strickland

Controversial businessman Rob Strickland seeks liquidation, with creditors owed more than $100,000.

Labour defends capital gains tax

NZ house, real estate, property

Labour rejects NZIER report that calls capital gains tax flawed.

KiwiSaver fees on the rise

Kiwisaver

Improved disclosure requirements for KiwiSaver have not translated to lower fees, according to a new survey.

Budgeting not pie in the sky

good food, vegetables

Healthy eating might seem prohibitively expensive - but it is possible to do it on a shoestring budget.

EQC staffer misused work cars, phone

EQC cars

Woman admits using EQC cars, fuel cards, and a cellphone for her own purposes while on staff.

Subcontractors get greater security

Builder

Labour Party says it proposed changes to increase protection for subcontractors over a year ago.
Special offers
Opinion poll

Should the Christchurch City Council sell some of its assets?

Yes, it is the most sensible way to raise money

No, it is a short term fix which penalises future generations

Vote Result

Related story: Council asset sales mooted to help raise $900m

Featured Promotions

Sponsored Content