NZX50 falls 0.4%, holds up in the wake of Wall Street carnage

The S&P 500 had its biggest drop in nearly two years, shedding 4%, or 165.17 points to 3,923.68

The NZ sharemarket avoids much of the red ink splashed across world markets following a 4% decline on Wall Street.

Budget 2022: No tax changes, but existing tax net will catch billions more video

Inland Revenue’s tax receipts are set to climb to amount close to 30% of GDP by 2026.

There is a silver-lining from inflation for the Government's coffers.

Budget 2022: Treasury 'disappointed' Wall Street Journal broke 2pm embargo

Finance minister Grant Robertson says it's 'incredibly disappointing' Budget information was published while journalists ...

Finance Minister says it's 'incredibly disappointing' Budget information was published while journalists were still in a lockup at the Beehive.

Budget 2022: What's Government doing about the high cost of living?

Two more months of fuel excise and RUC cuts, and a $350 payment for 2.1 million people are part of $1 billion package to ...

Two more months of fuel excise and RUC cuts, and a $350 payment for 2.1 million people are part of $1 billion package to ease the rising cost of living.

Budget 2022: House price caps taken off First Home Loan

House price caps will be removed for First Home Loans, and will be lifted on First Home Grants.

There will be no price cap for First Home Loans, and First Home Grant caps are increased, against a backdrop of a cooling but still expensive housing market.

more top stories

Budget 2022: Plenty of risk, so where is the reward video

Dr Eric Crampton is chief economist at The New Zealand Initiative

OPINION: The Treasury has warned that discipline is needed around deficit spending. Budget 2022 may not be the best start.

Budget has 'little impact' for established small businesses

Ricoh South managing director Reece McDonald says the Government's 2022 Budget will have little impact on established ...

Some Southland business owners say the Government's 2022 Budget will have little impact on their rising costs, but remain hopeful a $350 pay out for 2.1m New Zealanders will increase consumer spending.

As it happened: Budget 2022 video

Finance Minister Grant Robertson has been delivering the Budget in the midst of economic concerns.

Look back across all the day's live coverage, analysis and reactions as the Government unveiled its plans to deal with soaring living costs, falling house prices and global economic woes.

How the $196m Budget package for Pasifika will be spent video

The 2022 Pacific Package from the 2022 Budget is $88m more than the amount allocated last year. (File image)

Government has allocated a $196 million Pacific Peoples package in the 2022 Budget: here's how it will be allocated.

$350 payments a 'band-aid': National video

National Party leader Christopher Luxon gives a speech on the 2022 Budget in the House.

Christopher Luxon says a handout in the Budget won't do much for those already struggling with inflation.

Budget 2022: Manukau Harbour port idea gets another nudge video

A container ship being loaded at Ports of Auckland.

The Budget provides for a technical study of the Manukau Harbour as a future port.

Walk and talk mentoring scheme helps more women 'carve a path' to leadership

From left: Helen Stobba walks and talks with Mentor Jo Pennycuick and fellow mentees Narmadhaa Palanisamy and Annaleise ...

On a warm autumn morning while the rest of the city was waking up, 30 women met at Christchurch's Hagley Park to learn from leading businesswomen.

Budget 2022: Living cost payout for 2.1m people video

17052022 PHOTO: ROBERT KITCHIN/STUFF
L-R: 
Finance minister Grant Robertson with the mockup Budget 2022 book ahead of ...

An automatic $350 payment for nearly half the country, and extened fuel tax cuts and public transport subsidies headline a Government bid to ease fears about rising costs.

Cheat sheet: Four things to know about this year's Budget video

Budget Day 2022.

A middle-class cost of living payment, an extended fuel tax cuts, and a big boost to health - here's four big takeaways from Budget 2022.

The big winners and losers of the Budget video

Stuff has been speaking with New Zealanders this week about what they were looking for in the Budget.

ANALYSIS: Who has the Finance Minister left smiling with Budget 2022, and who should be feeling short-changed?

money

Which supermarket 'essentials' are cheaper? video

Battle of the supermarkets: Who has the cheapest prices on essentials?

Prices of certain grocery items have now been frozen or rolled back by New Zealand’s biggest supermarkets – but which one is the cheapest?

What are your tips for reducing your grocery bill? stuff nation

WRITE ON STUFF: Please tell us how to save on groceries. We're desperate and nearly broke.

A look at Elon Musk's expanding business empire

Cryptocurrencies: why they’ve crashed and what it could mean for their future

prosper

Teen's life turned around by sustainable sandwich bag business video

SammyBags owners David Durrant and Sammy Barker struck up a friendship which led to the creation of the business.

As a young person struggling with self harm, substance abuse and suicidal thoughts, Sammy Barker thought there was nothing else left for her in the world.

Employed from as young as 6 - ruling likely to mean changes at Gloriavale

Virginia Courage, pictured at Gloriavale, said she and others inside Gloriavale were not volunteers.

OPINION: Significant consequences are likely for the secretive community after the Employment Court ruled three former members were employees.

Navigating inflation: Tips for small business owners

Adrienne Begbie says you might be wondering what’s next for your small business. Is now the right time to invest? Do I ...

OPINION: Here are four simple things to consider when navigating your business’ finances during times of unexpected inflation.

Why 'good enough’ is often all you need in your marketing

I guarantee if you take enough action and try a few different marketing strategies you'll get some good results.

OPINION: If you try a few different marketing strategies you'll get some good results. And many times, 'good enough' is all you need to get started.

better business

What business leaders need to learn from the Simon Henry and Nadia Lim controversy

Good business starts with good governance and leadership, which are needed to help define purpose and build culture ...

OPINION: This isn’t just about deeply offensive comments, it’s about defining good corporate behaviour, good governance and good leadership.

Reimagining Dunedin: the two projects set to transform the CBD

An artist impression of George St, which will be converted to a one-way shared street.

Dunedin is getting an extreme makeover, designed to make the city more attractive to residents and visitors. Meet one of the key players.

Knock knock: The opened/closed door at the centre of a legal dispute

27042022. News. Pokies, pokie machine, class 4 gambling. Generic.

One side wanted an open door to be locked, while the other side argued it could be closed – but not locked.

'You can't manage what you don't measure', but sometimes you don't have the option

Board members are usually drowning in data, but what they actually yearn for are reporting dashboards that aid ...

OPINION: When the pace of change is faster than ever before, waiting for data points that will justify decisions simply won't work.

property

For sale: 15 Auckland CBD car parks

There are 15 car parks up for sale in the Farmers car park in central Auckland.

Fifteen freehold car parks are up for sale in the Auckland CBD, and it gives buyers the opportunity to snap up some prime real estate.

Homeowner's dream 'shattered' by Wellington building firm collapse video

First home buyer Rahul Srivastav's home was almost complete when the construction company building it went into liquidation.

Rahul Srivastav broke down in tears when the builder of his first home, Jonesy Construction, went into liquidation. At least 15 other homes are affected, liquidators say.

ILT aims for August Langlands Hotel opening

The Invercargill Licensing Trust's Langlands Hotel is expected to open Invercargill in early August.

The Invercargill Licensing Trust is aiming for an August opening date for its new 78-room 4.5 star Langlands Hotel, close to 10 months after it initially hoped to be operating.

Son gets court order to potentially force sale of mum's home

Robin Van Der Byl got an order from the High Court at Palmerston North requiring to be paid the one-third share he has ...

Judge says the case put the interests of the 88-year-old mother against the needs of her 66-year-old son.

opinion & analysis

How different types of property ownership affect buying a house video

It’s easy to get caught up in the excitement of buying your first home, but it pays to take some time to understand the ...

What it means when the property you want to offer on is freehold, leasehold, cross lease or unit title.

Employed from as young as 6 - ruling likely to mean changes at Gloriavale

Virginia Courage, pictured at Gloriavale, said she and others inside Gloriavale were not volunteers.

OPINION: Significant consequences are likely for the secretive community after the Employment Court ruled three former members were employees.

Why we mustn't fear the 'brain drain'

The potential “brain drain” is making regular headlines, but going overseas is a time-honoured path for Kiwis (file photo).

OPINION: Kiwis have always gone overseas, it's a rite of passage. Young people should go now and grab every opportunity they can – without any guilt.

Navigating inflation: Tips for small business owners

Adrienne Begbie says you might be wondering what’s next for your small business. Is now the right time to invest? Do I ...

OPINION: Here are four simple things to consider when navigating your business’ finances during times of unexpected inflation.

nz farmer

AgResearch embraces mātauranga Māori video

AgResearch’s Māori Research and Partnerships Group director Ariana Estoras.

AgResearch’s newest department head says mātauranga Māori is not a threat to Western science, but an asset to help meet challenges in the agricultural sector and beyond.

Conflict of a bird seed business video

Brothers-in-law Pete Mitchell and Greg Webster, who feature on Country Calendar, enjoy working together but have clearly ...

Birds are the end users of their seed products but they can also be pests for the Oamaru-based company Topflite.

The complexities of pulling products from Russia video

The Detail talks to an apple grower who has stopped shipments out of Napier originally bound for Russia, but not all ...

The Detail talks to an apple grower who' stopped shipments originally bound for Russia, but not all Kiwi food producers have boycotted that market.

How much glyphosate is on your food? Who knows video

A 2021 New Zealand Institute of Economic Research report estimated glyphosate sales made up 11% of total herbicide sales ...

Some say it causes cancer, others say it's safe... but there is no clear data on how much glyphosate is used by Kiwi farmers, councils or the forestry sector.

green business

Steel and coal still intertwined, but carbon offsets tackle emissions in NZ

It’s not possible yet to make steel at scale without coal, so in the meantime the NZ industry will create ‘zero carbon’ ...

It's not possible yet to make steel at scale without coal, so in the meantime a NZ programme creates ‘zero carbon’ steel through offsetting.

$8m investment may get Stewart Island off diesel power video

Victoria University of Wellington postdoctoral research fellow Dr Soheil Mohseni [second from right] has modelled a ...

An $8 million capital expenditure can get Stewart Island off diesel power, a postdoctoral researchers says.

Business group wants urgent action on Government's $2.9b climate plan

A group representing some of NZ’s biggest businesses welcomes the $2.9 billion Emissions Reduction Plan, but wants a ...

Business and Government must work together at 'unprecedented scale and pace' to deliver on the Emissions Reduction Plan, says Z Energy CEO.

The public wants urgent climate action – until bike lanes pop up

Central and local government hold the power to build safe, attractive cycling and walking paths, boosting low-carbon trips.

Four out of five of us say we're willing to change to protect the planet. But ask about congestion charges, and that support flips.

world

Hyundai and Kia set to spend $26 billion on EVs

Hyundai and Kia are about to dump a lot of money into EVs.

Hyundai and Kia have confirmed they will spend a huge amount of money on EV production in South Korea.

Martin Shkreli, Wall Street's 'Pharma Bro,' is out of prison early

Martin Shkreli has been released from prison and moved to a halfway house.

Shkreli became a symbol of Wall Street greed after his company purchased a lifesaving medication and hiked up its price by 5000%.

US stocks suffer steepest drop in almost 2 years

In this photo provided by the New York Stock Exchange, specialist Gregg Maloney works at his post on the trading floor, ...

Significant fall for US stocks as investors assess the impact of higher prices on earnings and prospects for monetary policy tightening on economic growth.

Argo rolls outs driverless operations in two U.S. cities

Argo AI says it has started driverless operations in two of the eight cities where it is developing its technology.

Autonomous vehicle technology company Argo AI has started driverless operations in two of the eight cities it is developing its technology.

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