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Du Val property entity owed $4.6m to IRD - Report
Tui Terraces Limited Partnership went into liquidation owing nearly $4.6 million in taxes to Inland Revenue.
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Australian government pledges $1.24 billion in green aluminium push
3:19 pm todayAluminium is one of the most polluting nonferrous metals to make, as its current production is mostly powered by coal.
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Millennium & Copthorne Hotels majority owner proposes full takeover
11:15 am todayThe majority owner of New Zealand hotel company Millennium & Copthorne Hotels (MCK) is proposing a full takeover.
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Prices slowly fall but economists warn of uncertain year
5:47 am todayAnnual inflation is likely to have ended 2024 close to the Reserve Bank's target, as domestic price pressures continue to ease slowly, but economists are…
Business headlines with summaries.
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A hard year but 'calls made over Wellington's demise overstated'
18 Jan 20252024 was tough, but "there's more of an energy in the city" now the new year has dawned, owners say.
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Another major bank cuts mortgage rates
17 Jan 2025ASB is cutting its 6-month, 1-year and 18-month rates.
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Thousands in fines issued for fishing near Cook Strait power cables
17 Jan 2025Three power cables carry a huge chunk of New Zealand's power between the North and South Islands, but boats keep getting too close.
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Funding sought for solar energy farm for Stewart Island
17 Jan 2025Finance is being sought to provide a solar energy farm for Stewart Island Rakiura residents.
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Mother cried every night after son's eyes permanently injured at factory
17 Jan 2025The Ecostore employee suffered chemical burns while trying to shut off a pressurised hose that had come loose.
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ANZ reports slight dip in credit card spending
Tourism-related categories and housing-related spending were among sectors seeing the biggest drops.
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NZ Post to return mail with no private bag address
16 Jan 2025The Postal Workers Union is concerned a new directive from NZ Post will mean less mail is getting where it needs to go.
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Wētā FX scores two nominations at BAFTAs
16 Jan 2025The Wellington studio has been recognised in Britain's top movie honours for their visual effects work on two international films.
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Grocery prices rose 2.7% during 2024
16 Jan 2025Butter, milk and olive oil were more expensive while fruit and vegetables were cheaper.
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Record trading on Sharesies platform
16 Jan 2025The company said almost all the key indicators that inform the Sharesies Index showed gains.
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CAA to raise airline security levies as money issues bite
18 Jan 2025Airlines will have to pay more per passenger, but it remains to be seen whether fares will rise as a result.
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Uncertainty expected to be economic trend for 2025
16 Jan 2025A new report says Donald Trump's policy agenda will have implications for the world economy, and central banks will tread carefully.
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The café brewing second chances
Trade School Kitchen opened in August 2018, with the intention of supporting women who had undergone barista training whilst in Arohata Prison upon their release.
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Is it time to fix the mortgage long-term yet?
15 Jan 2025Households are set to make big calls about their mortgages this year, as they weigh up their options amid falling interest rates.
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Job availability perceptions improve for first time in two years
15 Jan 2025Employment confidence has edged back up from pandemic-era lows.
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Wellington's Reading Cinemas may reopen in 2026 after new deal
16 Jan 2025New owners of Wellington's boarded-up cinema complex - Primeproperty Group - will lease the site back to Reading Cinemas after earthquake strengthening is completed. Councillor Tim Brown says the... Audio
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Landlord fined thousands over 'shocking' rental
15 Jan 2025Rotting flooring, sagging ceiling panels and a hole in the roof - tenants were left in a leaky property for more than a year.
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The app TikTok users are flocking to as US ban looms
15 Jan 2025American social media users calling themselves "refugees" are moving to an unlikely alternative in protest.
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The world's safest airlines for 2025
14 Jan 2025Airline Ratings has announced its safest airlines list for this year - Air New Zealand is at the top.
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Kiwi dollar makes some ground against a strong greenback
14 Jan 2025The New Zealand dollar has regained a bit of ground against a strong US dollar after late afternoon trading, rising to almost 56.1 US cents.
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Prices at petrol pump set to get higher
You might soon be paying another 10 cents per litre when you fuel up.
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Transpower fined $65k after error leads to more costly power generation
The Electricity Authority says the mistake cost generators about $750,000 and purchasers nearly $2.96 million.
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When are the public holidays this year?
14 Jan 2025Here's how you can use the least amount of annual leave for the longest stretch of time off across the year.
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Premium liquor still going down well with consumers
14 Jan 2025Consumers are drinking less but many more are reaching for the top shelf when they do, says Spirits New Zealand.
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