Business

Craft beer demand froths over

Wellington micro breweries struggle to fill orders as Auckland's penchant for craft beer sends demand skyward.

NZ Super Fund posts bumper return

Super fund beats its benchmark with a 13.9 per cent annual return, but more muted earnings are on the horizon.

Air NZ in hot water over pricing

Airline being investigated over alleged "drip pricing" tactics, such as adding insurance on an opt-out basis.

Unpaid caring hits incomes

Households of unpaid caregivers typically earning 10 per cent less than their peers, report finds.

Ownership move not for tax - Microsoft NZ

Corporate giant's Kiwi business is to be owned from Luxembourg - a state known for favourable tax policies.

Fonterra's architect takes on Canberra

Angus Taylor is forceful, experienced and bright - but that's no guarantee of success in politics.

Banks crack down on money transfer services

The worldwide trend for banks to shut up shop on international money transfer services has reached New Zealand.

Caroline Eve buys CC Collections

Women's fashion chain adds its South Island counterpart CC Collections to its fold, creating a network of 41 stores.

Forestry worker hurt

A man in his 50s was injured after he became trapped between two trees in Marlborough today.

New finance boss for council

Auckland Council appoints former banking boss Suzanne Tindal as its new chief financial officer.

Singapore surprises by easing monetary policy

Singapore's central bank reduces slope of its monetary policy band ahead of scheduled review.

Snapper predicts demise of transport cards

Snapper is forecasting commuters will in future pay for public transport using contactless bank cards.

Lowball offer made for Spark shares

Shareholders in NZX's largest company are the latest to be targeted by an unsolicited offer to buy shares below market prices.

Orchard fined $40,000

Matipo Orchards has been fined for potentially undermining New Zealand's apple industry.

NZX and FMA team up

Market source says the move shows a recognition of the need for the two to improve.

$525 rubbish fee hike in budget

Waiheke residents are facing hikes in rubbish collection costs as Auckland Council looks to standardise regional charges.

Regulations add up to $77K on home costs

Builders' groups want looser regulations over land availability, resource consenting and town planning.

Custom motorcycle maker loses money on all models

They're custom-built motorcycles for stars like Orlando Bloom, Billy Joel and Bruce Springsteen but the company loses money on each one.

Overseas interest in Wairarapa forests

More than 2000 hectares of Wairarapa forests are being sold to overseas buyers because nobody in New Zealand wants it, according to the vendors.

Alex Swney pleads guilty to tax charges

Former Auckland business leader has pleaded guilty to tax evasion of almost $2 million. 

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