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Senate roll call vote on Puerto Rico rescue package

Business New from NZ Herald - 1 hour 7 min ago
The 68-30 roll call Wednesday by which the Senate approved the financial rescue package for Puerto Rico.A yes vote is a vote to pass the bill.Voting yes were 31 Democrats, 36 Republicans and 1 independent.Voting no were 11...
Categories: NZ Herald Business

Exclusive: So whats an Auckland sea view worth?

Business New from NZ Herald - 1 hour 38 min ago
A glimpse of water from Remuera can slap a further 130 per cent on a house price while at Takapuna, seeing the glittering Waitemata can add 125 per cent to the price.An in-depth analysis of water view effects on house prices by...
Categories: NZ Herald Business

Tamsyn Parker: How much of a cut is your KiwiSaver provider taking?

Business New from NZ Herald - 1 hour 48 min ago
Apparently from now until I turn 65 Im going to give around $14k to my KiwiSaver provider to manage my money.Thats more than what my car is worth - probably both our cars combined actually - so its not small change.What am...
Categories: NZ Herald Business

Exxon Mobil wins a round in climate litigation

Business New from NZ Herald - 1 hour 52 min ago
DALLAS (AP) Exxon Mobil Corp. won an early round Wednesday in its fight against regulators over whether the oil giant covered up what it knew about climate change.The U.S. Virgin Islands attorney general agreed to drop a subpoena...
Categories: NZ Herald Business

Wolves finalize addition of NBAs 1st Chinese minority owner

Business New from NZ Herald - 1 hour 58 min ago
MINNEAPOLIS (AP) The Minnesota Timberwolves have finalized the addition of the first Chinese minority owner in NBA history.The Timberwolves announced that the deal has been completed to add Lizhang Jiang and Meyer Orbach to the...
Categories: NZ Herald Business

Residential consents hit record levels

Business New from NZ Herald - 2 hours 3 min ago
The national residential building sector is at its strongest level this decade, with a record 28,387 new consents granted worth $11.4 billion.Statistics NZ has released new data showing a big upturn in the sector for work planned.The...
Categories: NZ Herald Business

Kathmandu raises profit forecast - shares jump 16pc

Business New from NZ Herald - 2 hours 7 min ago
Kathmandu Holdings raised its forecast for annual earnings as the outdoor equipment chain boosts margins from new products, better management of promotional activity and cost savings. Its shares jumped 16 percent.The Christchurch-based...
Categories: NZ Herald Business

Senate passes financial rescue package for debt-stricken Puerto Rico, sends it to Obama

Business New from NZ Herald - 2 hours 13 min ago
WASHINGTON (AP) Senate passes financial rescue package for debt-stricken Puerto Rico, sends it to Obama.
Categories: NZ Herald Business

AirAsia X looking for boost in NZ

Business New from NZ Herald - 2 hours 13 min ago
AirAsia X is beefing up its presence in New Zealand to boost sales on flights to the Gold Coast.The airline started flying from Malaysia to Auckland via the Australian tourist spot in March and wants to lure more Kiwis onto the...
Categories: NZ Herald Business

Eat My Lunch crowdfunds new bond offer

Business New from NZ Herald - 2 hours 37 min ago
Social enterprise Eat My Lunch has launched a crowd-lending campaign seeking $1 million in bonds. Eat My Lunch , which celebrated its first birthday this month, says it is the first company in New Zealand to launch such a peer-to-peer...
Categories: NZ Herald Business

Comical cliche at the centre of Ford class action lawsuit

Business New from NZ Herald - 2 hours 38 min ago
Its a cliche so worn, its almost comical - women are bad drivers.That old stereotype is at the centre of a potential billion-dollar class action case against Ford over 70,000 allegedly dodgy cars.Thousands of disgruntled Ford...
Categories: NZ Herald Business

Kiwi wearable tech gets big investment

Business New from NZ Herald - 2 hours 38 min ago
Wearable tech company StretchSense has secured its first major international investor in listed Japanese firm Start Today.Specific details of the investment were confidential, but StretchSense chief executive Ben OBrien said...
Categories: NZ Herald Business

Airbnb winning legal fight against hometown San Francisco

Business New from NZ Herald - 2 hours 43 min ago
San Francisco has picked a fight with Airbnb that it probably cant win.On Monday, the home-rental business filed a lawsuit against its hometown, saying that San Franciscos attempt to get Airbnb to help enforce its housing law...
Categories: NZ Herald Business

Fonterra sets Aust milk price higher than MG

Business New from NZ Herald - 2 hours 52 min ago
Fonterra has pitched its opening Australian milk price for the 2016/7 season at A$4.75 a kg of milk solids, rising to an average A$5.00 a kg for the entire season.The milk price compares with that of Fonterras opposite number in...
Categories: NZ Herald Business

Businessman fights order to pay ex $5.5m

Business New from NZ Herald - 3 hours 22 min ago
A businessman is fighting a court order to pay his former partner more than $5.5 million.The man was this afternoon given the chance to appeal the order provided he pays all outstanding legal costs to his ex and $524,000 to the...
Categories: NZ Herald Business

Financial advisers have lifted their game, Partners Lifes Ballantyne says

Business New from NZ Herald - 3 hours 23 min ago
New Zealands financial advisers have lifted their game since a new regime came into effect six years ago, leaving the practice of switching life insurance policies between providers as one of the last holes left for the regulator...
Categories: NZ Herald Business

Agent knew couples sea views would be blocked

Business New from NZ Herald - 3 hours 28 min ago
A couple who bought a house based on stunning sea views were shocked when they found out their neighbours were building a two-storey unit which would partially block their view.Now the real estate agent who sold them the house has...
Categories: NZ Herald Business

NZ dollar pushes above US71c as investors regain confidence

Business New from NZ Herald - 3 hours 32 min ago
The New Zealand dollar popped above 71 US cents overnight as investors regained some confidence after the UK last week voted to leave the European Union.The kiwi touched a high of 71.36 US cents early this morning, and was trading...
Categories: NZ Herald Business

Claire Trevett: House antics rather like trial over Queens tarts

Business New from NZ Herald - 3 hours 33 min ago
The release of tax consultant John Shewans report into foreign trusts sparked scenes in Parliament reminiscent of the trial to find out who stole the Queen of Hearts tarts in Alice in Wonderland .That trial included the Hatter...
Categories: NZ Herald Business

Indian worker compensated for 73 weeks unpaid wages

Business New from NZ Herald - 3 hours 38 min ago
An Indian worker who went 73 weeks without being paid said he was too afraid to make a complaint against his employer for fear of losing his job and eligibility to live in New Zealand.Hemal Patel won his employment case against...
Categories: NZ Herald Business
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