New subsea cable doubles NZ's internet capacity video

29062021  Photo: CHRIS MCKEEN/STUFF

An addition to the Southern Cross cable, which provides NZ with internet and ...

12:05 AM  $520m cable should help keep computer users well-connected over the next 20 years, says Spark.

Supermarket code could mean more variety without higher prices, says minister video

The Government says it will "urgently pursue: options to generate more competition in the supermarket sector, but is it ...

There is enough excess profit in the industry to treat suppliers better while still delivering savings to consumers, says David Clark.

NZX 50 jumps 1.6% video

The market rallied on investor optimism that inflation has peaked.

The sharemarket rallied on optimism inflation may have peaked, easing the pressure on central banks to continue aggressive interest rate hikes.

ANZ makes second Bonus Bond distribution video

ANZ is still contacting Bonus Bondholders.

Bank still trying to find 724,000 bondholders.

Air Chathams adds 20% fuel surcharge to fares video

Air Chathams says the fuel surcharge will remain in place until fuel costs subside.

'We can no longer continue to absorb this cost', the airline says of rising fuel prices.

more top stories

Youth demanding more from employers

Student Job Search chief executive Suzanne Boyd says employers that are still offering minimum or living wages are being ...

Southland youth are taking advantage of the tight labour market to leave behind work where they are underpaid and undervalued.

Planet-damaging fertilisers should be penalised right away, says climate body video

Fertiliser adds nitrogen to soil, helping plants grow. Concentrated nitrogen creates greenhouse gas.

The Government's climate adviser says fertilisers should be charged the same carbon penalty as petrol and natural gas.

Eel deaths unexplained after autopsies fail to find the cause

In March, 263 dead eels were found along a stretch of water in Bateman’s Creek, at West Plains in Invercargill.

The cause of death of more than 260 eels in a Southland stream remains unknown.

Fresh brew being served with confidence

Excited to be opening Antonio’s Cafe in the Square Edge Arts Centre on Friday are chef Dave Mercer, owner Antonio ...

New names, new owners, new energy. Cafes closed amid troubled Covid trading conditions, are returning with a double shot of optimism.

Marine heatwave off Wairarapa coast comes to an end video

Ocean modelling from the Moana Project shows Wairarapa’s coastlines have been hit by two marine heatwaves since summer ...

It might seem icy cold for those braving the waters as part of a mid-winter dip, but spare a thought for the marine life being impacted by marine heatwaves along Wairarapa this year.

Council wants The White Lady to stay despite 'sometimes messy' patrons video

30JUN2022 NEWSPHOTOS Chris McKeen/Stuff: 

Max Washer is the latest manager of the White Lady food truck family business ...

After a backlash to reports that The White Lady's future hangs in the balance, Auckland Council says it is "setting the record straight" and wants the truck to stay.

ACC told to pay up after bullying of ex-employee leads to depression video

Yvette Phillips says the painful experiences she had at ACC during a restructure were so bad they ended her career.

In a first, ACC has been forced to compensate one of its own former staffers for the depression and anxiety she suffered from being bullied on the job.

Market targets biodiversity crisis video

22052019 NEWS PHOTO BRADEN FASTIER / NELSON MAIL 
The Brook Waimarama Sanctuary CEO Ru Collin.

Calls for businesses to shop for conservation projects in new "biodiversity market".

Kiwis dream of buying homes but feel trapped in rentals video

Many Kiwis feel “trapped” in rentals due to the price of housing in Aotearoa. (File photo)

More than three-quarters of Kiwis surveyed said they would prefer not to rent but felt as though they didn’t have a choice.

Interest rate reductions 'could be start of house price plateau' video

House prices have been cooling quite rapidly this year.

Banks reducing two-year rates could help to turn around negative sentiment about the property market, researcher says.

money

Is Bunnings Australian-owner Wesfarmers a good investment?

Sausages in bread might be the first thing that springs to mind when thinking about Bunnings, rather than the company’s ...

Sausages in bread might be the first thing that springs to mind when thinking about Bunnings, rather than the company’s strong margins and near market dominance.

Take Five: Our biggest bank has cut its home loan rate, what's going on? video

If you thought interest rates were going up, today's move from ANZ might have come as a surprise.

ANZ cuts home loan rate video

Salaries skyrocketing in the regions, Trade Me data shows video

prosper

What if we refuse to return to working in the office? video

Darren Levy: “Hybrid working has been one of the silver linings that has been embraced by organisations since the pandemic.”

OPINION: Returning to work from office has been a cause of tension for many employees who have come to enjoy the change of lifestyle that working from home gives.

Xero Roadshow - Tiny Edition

Xero has built a tiny portable home that will spend the next five months travelling up, down and across Aotearoa to ...

SPONSORED: Check out the Xero Roadshow - Tiny Edition, which is coming to 28 towns across NZ.

Tips to help your business survive a downturn video

With rising inflation and higher interest rates, buyer habits have changed and the real question is what can we, as ...

OPINION: With rising inflation and higher interest rates, buyer habits have changed and the real question is what can we, as business owners, do to weather the storm?

First half new business starts adds further sparkle to Hamilton's CBD

Things are looking up even more for Hamilton’s central business district with around 30 new businesses starting up in ...

There's a jump in the number of new businesses getting aboard the Hamilton wave.

better business

ACC told to pay up after bullying of ex-employee leads to depression video

Yvette Phillips says the painful experiences she had at ACC during a restructure were so bad they ended her career.

In a first, ACC has been forced to compensate one of its own former staffers for the depression and anxiety she suffered from being bullied on the job.

Tips to help your business survive a downturn video

With rising inflation and higher interest rates, buyer habits have changed and the real question is what can we, as ...

OPINION: With rising inflation and higher interest rates, buyer habits have changed and the real question is what can we, as business owners, do to weather the storm?

Inside Countdown's $150 million distribution centre in Auckland video

Countdown has hired 260 people in a range of roles to operate the centre, including pickers, packers, operators and ...

The facility will have the capacity to send over 300,000 crates of fresh produce per week for more than 150 Countdown stores in the North Island.

Man forged signatures to reassign thousands in debt, court told video

Michael Benny Le Roy, 60, is on trial in the Christchurch District Court on six charges of forgery. (File photo).

Michael Le Roy is accused of forging signatures of people he trusted to assign at least $20,000 of his own debt to their names.

property

Kiwis dream of buying homes but feel trapped in rentals video

Many Kiwis feel “trapped” in rentals due to the price of housing in Aotearoa. (File photo)

More than three-quarters of Kiwis surveyed said they would prefer not to rent but felt as though they didn’t have a choice.

No end in sight for falling house prices video

House prices in Upper Hutt dropped by 6.9% over the last three months, CoreLogic says.

House prices have taken their biggest quarterly tumble nationwide since 2009, and it is unclear how long the downturn will continue, CoreLogic says.

Inland Revenue 'increasingly taking action' against property sector companies video

A total of 92 companies in the building sector went into liquidation in the year to May 23, according to the Ministry of ...

Inland Revenue is zeroing in on builders and property investment firms who owe tax and are not coming forward, Deloitte restructuring head says.

Developer must pay $6k after twice renting out leaky house video

The blue house at 18 Browns Bay Rd was found to have several leaks. It had been rented out for $1100 a week.

The Auckland landlord asked tenants to leave, saying the house was dangerous and illegal. Then he rented it out again.

opinion & analysis

Dileepa Fonseka: The New Zealand economy and its zombies video

Some businesses that have survived the pandemic will undoubtedly be unable to weather the storm now.

OPINION: The zombie-killing moment some have had the popcorn out for all along increasingly looks like it is here.

What if we refuse to return to working in the office? video

Darren Levy: “Hybrid working has been one of the silver linings that has been embraced by organisations since the pandemic.”

OPINION: Returning to work from office has been a cause of tension for many employees who have come to enjoy the change of lifestyle that working from home gives.

Behind the home loan 'cashback' war video

Property sales are anaemic as interest rates rise, and house prices fall.

OPINION: Glitzy cashback offers mask bank's attempts to rebuild margins.

Pragmatism from rural sector is an example for us all

Meat the Need, co-founded by dairy farmer Siobhan O'Malley, pictured with husband Chris, is something the rural sector ...

OPINION: Meat The Need is something the rural sector should be proud of, and the urban sector should look to as an example, says Ben Kepes.

nz farmer

Marine heatwave off Wairarapa coast comes to an end video

Ocean modelling from the Moana Project shows Wairarapa’s coastlines have been hit by two marine heatwaves since summer ...

It might seem icy cold for those braving the waters as part of a mid-winter dip, but spare a thought for the marine life being impacted by marine heatwaves along Wairarapa this year.

Dairy prices slide 4.1% at auction video

July is typically a quiet time of year for dairy markets with the Southern Hemisphere in the depths of winter.

Demand for dairy is easing as buyers are not willing to pay as much for product, analysts say.

Dairy with a smaller hoof print: sheep dairy coming to cow dominated Taranaki video

A government partnership is expanding to Taranaki to help foster the dairy sheep industry.

Taranaki is a bovine dairy powerhouse but soon some of that "white gold" will be coming from sheep with a smaller environmental footprint than cows.

EU free-trade pact was never about greener grass video

Dr Jeff McNeill is a senior lecturer in the School of People, Environment and Planning.

OPINION: Last week's agreement reflects the very different ways Europe and the Antipodes regard agriculture.

green business

Planet-damaging fertilisers should be penalised right away, says climate body video

Fertiliser adds nitrogen to soil, helping plants grow. Concentrated nitrogen creates greenhouse gas.

The Government's climate adviser says fertilisers should be charged the same carbon penalty as petrol and natural gas.

Market targets biodiversity crisis video

22052019 NEWS PHOTO BRADEN FASTIER / NELSON MAIL 
The Brook Waimarama Sanctuary CEO Ru Collin.

Calls for businesses to shop for conservation projects in new "biodiversity market".

'Libido enhancing' pine pollen may give you more than just the sneezes video

Pine pollen was consumed for health and well-being in China, South Korea and Japan for more than 3000 years.

Discovery of a plant based testosterone in pine pollen may mean export revenue for the forestry sector through supplement sales.

Start-up CarbonCrop halts carbon offsets after questions raised

Mānuka is world-famous as a nectar source for honey. Could it be harnessed in the cosmetic industry?

Thousands of carbon credits were sold, but the Carbonz market only managed one day of trading before pausing business.

world

Robot trucks herald era of driverless big rigs video

The camera, radar and lidar array allows the truck to ‘see’ more than 400 metres in every direction.

Aurora Innovation's self-driving trucks are rolling out onto the highways of Texas and could change the future of freight.

Mars Inc gets the purpose v profit balance right

With brands like m&ms, Mars, based since 1974 in McLean, Virginia, is now the world’s biggest confectioner.

Showy corporations should learn from the low-key, family-owned mammal-feeder.

Is Elon Musk right about 'hybrid work'?

Elon Musk’s stance on hybrid work has led to interesting discussions on LinkedIn and around the watercooler.

OPINION: The Tesla chief's stance on hybrid work has been creating interesting discussions online and around many watercoolers.

A fuel mix-up in France caused more than 30,000 euros in damages video

It’s pretty hard to put diesel in a petrol car, but petrol going into a diesel engine is disastrous.

Putting the wrong type of fuel in a car is a fairly common mistake, but a tanker refilling a diesel pump with petrol is much worse.

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