Business News

Wellington's 'incredible' property market

Wellington's property market has cracked the $600,000 asking price mark for the first time.

Wellington sellers now think their homes are worth, on average, more than $600,000.

Fletcher issues earnings downgrade

Fletcher Building is listed on the New Zealand and Australian stock exchanges.

Fletcher Building expects earnings to fall by 10 per cent due to difficult Australian market.

Preaching a global economy video

US Vice President Mike Pence looks on as Jacinda Ardern answers questions during the Leaders Electrification Project ...

Jacinda Ardern wants to leave no country behind when it comes to inclusive trade on the world stage.

Nissan's Carlos Ghosn fired and arrested video

Carlos Ghosn oversaw the formation and growth of  the biggest automotive alliance on the planet between Nissan, Renault ...

One of the most respected and influential figures in the car industry, Nissan's Carlos Ghosn, has been arrested and fired in Japan for serious financial violations.

Alpine Energy not a 'cash cow'

Timaru Mayor Damon Odey says he wants Timaru District Holdings Ltd's investments to be "future proofed".

Timaru mayor tells meeting that the district could get better return from investments by using something other than Alpine Energy.

Generational divide not trivial

Cas Carter: "But Gen Zs are not naive, they're more connected and considered than any generation before them."

OPINION: Furore over word "trivial" in an NCEA history exam shows Generation Z are living in a different world.

National echoes NZX tax fear

About 300,000 people invest directly in the sharemarket.

National joins brokers and NZX in warning a tax change disadvantaging direct investing could force NZ firms 'offshore'.

Reay 'didn't resign to avoid discipline' video

The CTV site at approximately 4.30pm, 22 February 2011. (File photo)

Engineer Alan Reay did not resign from a professional organisation to avoid its disciplinary process, his lawyer says.

Fairfax shareholders back merger

Fairfax Media shareholders have overwhelmingly voted in favour for a merger with Nine Entertainment Company that would ...

Fairfax Media shareholders vote overwhelmingly in favour of Nine Entertainment Company taking controlling stake.

Italian pizza comes to Taranaki

A Naples style pizza has only four ingredients - yeast, salt, water and flour.

Pizza the way Italians like it can now be tasted in Taranaki.

Deer velvet company back in court

Silberhorn advertised in Invercargill

Sentencing for a deer velvet company in a long-running Commerce Commission case delayed after another legal twist.

NZ Post apologises for delay

19112018 photo Alden Williams/Stuff

Sharon Henderson has had her e-commerce goods delivered late by NZ Post, meaning ...

YouShop hold-up not part of a wider problem, NZ Post insists.

Planning system in the gun

A coalition of business and environment groups, Resource Reform NZ, is calling for a complete overhaul of New Zealand ...

Business groups call for planning system overhaul

Boss fined over bogus panels

Cavan Forde was sentenced in the Dunedin District Court on Monday. (FILE PHOTO)

Dunedin businessman Cavan Forde has been fined $85k for misrepresenting China-sourced concrete panels as Australian-made.

Imported vehicle conflicts under scrutiny

Clive Matthew-Wilson, editor of the Dog And Lemon car reviewer magazine.

Motor industry groups are under NZTA's spotlight over conflicts of interest.

Why do Aussies get cheaper mortgage rates? video

Australian rates are usually noticeably below those charged on this side of the Tasman.

3.75 per cent for two years sound good? Bad news, it's only for the Australians.

Where's our $100k?

David Cormack said there should be a Small Business Ombudsman.

Invoices are typically paid eight days late. Many don't get paid at all. It's a struggle for small business.

$1b project mooted for region

Hiringa Energy Ltd chief executive officer Andrew Clennett is aware of the 8 Rivers project and the potential benefits ...

Potential hydrogen project for Taranaki could create "significant" employment, and new export possibilities.

A2 director fee rise video

Selling for $3.99 a litre, A2 milk is the highest priced on supermarket shelves.

A2 Milk directors will receive a hefty fee hike if a proposed resolution is passed on Tuesday.

Metroglass shares crash

Metroglass has warned that a competitor is planning to open a new glass manufacturing plant in Waikato, roughly the size ...

Windows company warns a competitor is building a major new factory, sending shares to a record low.

Temporary police station for sale

Christchurch's former temporary police station on St Asaph St is for sale.

A central city police station, complete with cellblock, is for sale.

Ecostore pulls 'nasty fluoride' claims

The complaint was in relation to marketing for Ecostore's Complete Care toothpaste.

Advertising complaint prompts Ecostore to remove anti-fluoride claims.

Start me up

Nelson Tane Rameka has launched two start ups - the second one to help promote the first, and other new Kiwi start ups.

Looking for ways to promote his job site, Tane Rameka launched a second start up.

Whistleblowing warning

whistleblower logo

Even if you don't face reprisals, don't underestimate the stress of speaking up, report warns.

Take care with bank tempters video

During the height of the property market, tempters ran to $10,000 or more for big business. Now, it's common to get a ...

Cash offered to new home loan customers - but some have to pay it back.

Auckland property favoured

Kiwi Property is focused on the $223 million expansion at Sylvia Park, called Galleria.

Kiwi Property has nearly completed reweighting its property portfolio to Auckland

Startups: How are you getting out?

Some people start a business with an exit in mind, others are loathe to leave it.

Fast-growing businesses need to think hard about what follows their success.

Businesses: Don't fear unions

The teachers' union has remained one of the more influential

OPINION: Focus instead on getting things right for staff.

Hockney makes a record splash video

David Hockney's 1972 painting entitled Portrait of an Artist (Pool with Two Figures) has just sold at auction for NZ$135m.

Portrait of an Artist (Pool with Two Figures) was the subject of frenzied bidding in New York.

Power supply costs rising

Some people are needing to choose between power and food. Pictured is Timaru Salvation Army corps officer Emma Howan.

Electricity line prices reset on the cards, while people flock to food banks to cope with unexpected power costs

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