Economy

Since February, values have slowly been drifting down, Corelogic says.

Tesla reported its first fall in yearly deliveries today as lucrative year-end incentives for the Elon Musk-led EV maker's ageing line up and the new Cybertruck pickup failed to lure customers wary of…

Greenleaf Fresh has appointed administrators after financial challenges

While brighter economic times are likely ahead, don't expect them to begin on New Year's Day, experts warn.

Although the economy is set to improve next year, there is a warning things are likely to remain difficult for applicants for some time yet.

Shoppers have packed into stores on one of the busiest shopping days of the year, to take advantage of Boxing Day sales.

Chief executive Carolyn Young said her expectations were "mildly tempered" for Boxing Day.

As more than 700 people sit down to community Christmas Day lunches, the levels of need in the community this year are the worst it has been, both Auckland and Wellington city missioners say.

An increasing number of Asian style dessert parlours and bakeries have opened in Auckland in the past year.

More than 607,000 transactions were recorded between 12pm and 1pm.

The hospitality sector says a good summer will set it up for the year ahead, even in the face of recession.

The owners of an Auckland restaurant once ranked one of the best fine dining establishments in the world has announced it will be closing soon.

Many women have to stay home because the pain is too great - but some say their workplaces don't understand why.

Being able to swim is often considered a life skill, but tough economic times are forcing many families to pull their children out of lessons.

The Christmas street lights will shine for the last time this year as decorations are deteriorating and won't be replaced because council want to keep the next rate increase low.

Consumer confidence has returned to optimism for the first time in more than three years.

The construction sector said the figures confirmed what it already knew: that times were tough. Audio