Business News

Cruise ship stoush threatens jobs video

Lyttelton's new $60m cruise berth is on track to be completed by late 2020 and it is expected to greatly increase ...

Akaroa's battle raises questions about controls on the growing fleet of behemoths plying NZ waters.

Vaping it forward

Morris Lazootin, owner of Vapoureyes, an Australasian vape company.

Meet the Australasian vaping company targeting beneficiaries - as employees.

One-horse commercial property race

The Spark building in Willis St central Wellington sold this year for $197.5m to New Zealand investors, the biggest ...

Overseas investors spend about $1.8 billion buying Kiwi office buildings

Dogfight over airport land plans

Kāpiti Coast Airport at Paraparaumu has more land than it needs for airport operations. (File photo)

Anti-competitive behaviour an ulterior motive behind planning court case, judge says.

Bid to evict in-laws fails

This property in Gisborne was the subject of a dispute between a couple and their daughter-in-law in the High Court.

A woman has failed in a bid to have her former parents-in-law removed from their own property.

Bell tolls for Memphis Belle

Memphis Belle owner John Matias said it's the end of an era, but it's time for him to move on.

After eight years, Wellingtonians have one more month to say goodbye to Memphis Belle.

Adventure Park stake on market video

The Port Hills fire in 2017.

An overseas shareholder wants to sell a "significant" stake in the just-reopened $20m Christchurch Adventure Park.

Year-long wait to buy Mt Difficulty

Mt Difficulty's Pipeclay Terrace vineyard.

The name says it - $52m vineyard Mt Difficulty deal took a year to get Overseas Investment Office consent.

Wakefield Hospital rebuild starting soon

Wakefield Hospital's owners have invited tenders for its redevelopment which involves demolishing a large part of the ...

The redevelopment of Wellington's largest private hospital moves forward

Green light for convention centre

Wellington's convention centre will be built across the road from Te Papa.

Wellington approves plans for a $179m convention centre, five years after it was first pitched.

Capital rents could beat Auckland

Weekly rents in the Wellington region have cracked the $500 barrier and in the city they're now $550.

A shortage of rental listings in Wellington and Otago send rents skywards.

Waitomo petrol in South Island

Hamilton-based self service petrol supplier Waitomo is expanding into the South Island after moving into Wellington.

Cost cutting self service petrol supplier Waitomo is extending its reach.

Mall's demise greeted with joy video

An artist impression of the new retail complex planned for Wainuiomata. It will include a centralised connection through ...

Wainuiomata's rundown shopping mall can't be knocked down fast enough, locals say

Fuel tax would raise $40m

North bound traffic out of Wellington near WhenuaTapu cemetery area minutes ...

A Wellington regional fuel tax could have covered the cost of $500m in transport projects, documents reveal.

Tokoroa WOF inspector suspended

Thirteen inspectors and seven garages have been suspended since law firm Meredith Connell took control of 850 agency ...

 More than 21,200 vehicles have now been recalled for warrant of fitness rechecks.

LED Christmas tree recalled

Retail company Acquisitions has issued a recall of its Christmas trees with built in lights because their unapproved ...

If you have decked your halls with an LED and fibre-optic fake Christmas tree, you might want to check it.

Foreigners spend-up large

The sale of Mt White Station accounted for most of the Crown leasehold land sold to an overseas investor this year.

Foreign investors have spent $2.5 billion on Kiwi land and businesses.

Wintec offers Hamilton property

Hamilton City property manager Nicolas Wells, left, and Wintec property manager Graeme Ward.

Waikato Institute of Technology is seek expressions of interest for a big site in Ward St, Hamilton.

Wainui mall to be wrecked

Wainuiomata Shopping Centre has been in decline for years as retailers have packed up and gone elsewhere. (File photo)

It is arguably NZ's saddest shopping mall, and it finally has a date with the wrecking ball.

Industry happy to farewell NZTA boss

Super Cheap Tyres and Auto Services in Auckland is on a growing list of garages and inspectors recently suspended by the ...

The transport industry wants a new NZTA chief to toughen up on inspection standards.

Deep south supermarket sale

The sales of Countdown Dunedin South, Countdown Hornby and Fresh Choice Queenstown in 2018 fetched in total $51.92m for ...

Investore Property has sold Countdown Dunedin South for $19.32 million.

Failed Corbel owes more than $5m

Corbel Construction was placed in liquidation after a successful claim by Auckland apartment owners to the Building ...

More than $5 million owed to creditors after construction company collapse.

Capital's property market still sizzling video

An architect's impression of the Mt Cook apartment building that will be roughly half Kiwibuild, half open market.

Small houses grow in popularity and the capital's housing market loses no heat.

Big Christchurch industrial property deal

Mark Frances, managing director of Augusta Capital, said it was planning a $110m capital raising to buy Castle Rock and ...

A Christchurch industrial property has sold for $53.75 million

Ngāi Tahu's honey scrap

A sticky divorce between Ngāi Tahu and Watson & Son has its High Court aftermath.

Ngāi Tahu Holdings' honey company had to enforce its rights to place hives on a property.

Earthworks to start on Boulcott site

William Cottrell objects to Summerset's plan to build a $150 million retirement home on his boundary. He is concerned he ...

After nearly six years Summerset is finally about to make progress on a $150 million retirement village in Lower Hutt.

New heights for tourism spending

In the treetops at Adrenalin Forest in the All Terrain Park on Pyes Pa Rd in Bay of Plenty.

Latest tourism data shows the increasing importance to the New Zealand economy.

Overseas buyers sought for apartments

An artist's impression of The Pacifica when completed in 2020.

Four developers apply for exemptions to sell to overseas buyers.

Queues for Bayfair

Hundreds of shoppers pour into the revamped Bayfair Shopping Centre at its opening.

Crowds gathered for the opening of revamped Bayfair Shopping Centre

Collapsed Corbel lost gamble

Mark Wells is one of the two directors of Corbel Construction, along with Craig Jones.

'We're still bleeding' says Parnell Terraces apartment owner who wants answers after Corbel collapse.

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