Business

ANZ first to raise rates

mortgage rates

ANZ blinks first after the RBNZ lifted the official cash rate today. | More interest rate rises expected

79 mill jobs to go

timaru logs

A worker laid off as part of the Southern Cross Forest Product mill closure says more than just low log prices are to blame.

Ross banned by accountants

David Ross

"Difficult to imagine more serious professional misconduct," accountants' institute says.

'Stars aligned' for NZ business

Nz dollars

Business conditions dubbed best in three decades as report finds NZ business confidence is among world's highest.

ComCom forces probe co-operation

Countdown

Watchdog uses law to gather evidence into Countdown's alleged anti-competitive behaviour.

Facial eczema warning

Facial eczema spore

North Island farmers have been warned to check their stock for signs of facial eczema following a sharp jump in spore numbers.

New formula rules introduced

China

Around 50 infant milk formula companies face uncertainty over exports to China, as tighter regulations are introduced.

Mediaweb owes creditors millions

NZ money, cash

Business magazine publisher in receivership owes creditors more than $2.5 million.

Corporate buzzwords everyone hates

Swearing, cursing, swear words

Just before Easter I was running a workshop for an executive team at a large Australian bank and the leader stood up and said: "I don't ever want to hear the words 'transformational change' or 'competency framework' in another internal presentation."

Why you hate your job

angry co-worker

Look at the colleague to your left. Now, to your right. At least one of them hates their job. Maybe you do, too.

Car yard hit again

Rose City Cars salesman Bevan Parker

Staff "absolutely gutted" at brazen theft of sought-after vehicles from car dealership.

Bank swaps probe widens

rob everett

ANZ, ASB Bank and Westpac now face a two-pronged inquiry by regulators into interest-rate swaps sold to farmers.

Christchurch rebuild too slow

Christchurch rebuild

Christchurch's recovery is "painstakingly slow" and hampered by government say key rebuild firms.

Call to remove chairman

abano

Two Abano Healthcare shareholders are calling for an Extraordinary General Meeting to oust the company's chairman.

Rate hikes may pause

mortgage

Official interest rates rise again, but relief may be in store for homeowners.

How retailers get people to spend

shopping bags

Next time you grab fast food, take note of the swirl of reds and yellows around you.

Investment guru slams pay plan

Warren Buffett

Warren Buffett disapproves of Coca-Cola's "excessive" executive pay scheme.

Pushing the boundaries

Robin and Jacqueline Blackwell won four merit prizes in the 2014 Taranaki Farm Environment Awards.

Taranaki couple have unfinished business in farm environment contest after winning four prizes but missing out on the supreme award.

Business briefs: Chorus earnings

magnifying glass dollar

Snippets on today's business news: Chorus warns of earnings cut, Mako Networks signs deal with Australia's Telstra.

Love transcends language bar

Enkhnasan Chuluunbaatar

Love bloomed in a Mongolian desert for a Golden Bay woman. Now she and her husband are creating a new life in rural New Zealand.

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