Business & Economy

Tenants struggling to pay rent are scared they'll become homeless, while their landlord sits on a multi-million dollar fund designed to support them.

The Institute of Directors annual sentiment survey showed optimism has replaced pessimism, with a record 52 percent of directors expecting better times.

Treasury's chief economist has warned a weaker economic outlook means a delay in a return to growth.

There are signs some traders are relying on FOMO to pressure consumers to buy, it says. Audio

Sales in Asian markets dropped 18 percent due to several large customers ordering less and a doctors' strike in South Korea.

The food service company's net profit rose 18 percent to nearly $3 million, though revenue was down about 2 percent to $82.2m.

Slashing the budget deficit and reducing public debt are making matters worse for households and businesses, they say. Audio

Some Christchurch City councillors are under the belief money falls out of the sky, the mayor says.

The tax is the only tax base-broadening measure likely to raise a significant amount of revenue, officials have told the government.

The New Zealand economy is still slowing down and rising unemployment is not helping, according to new data.

New data indicates that, after a while on the sidelines, investors are getting back into the market.