Reserve Bank warns of inflation surge
Reserve Bank warns of inflation surge
The Reserve Bank governor is warning of higher inflation and weaker economic growth due to the Middle East crisis.
Business
Samoa flights cancelled as airlines seek assurance
Samoa flights cancelled as airlines seek assurance
The flights in April and May have been cancelled as jet fuel prices soar due to the conflict in the Middle East.
Tourism takes hit as visitors cancel NZ trips due to war
Tourism takes hit as visitors cancel NZ trips due to war
Tourism operators are being hit with international visitor cancellations due to flight disruptions as the Middle East war continues, an industry survey shows.
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We can do it all from NZ, Wickham believes
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We can do it all from NZ, Wickham believes
From rural North Otago to London and latterly Auckland where she is now helping tech founders achieve their dreams, Jo Wickham has had a varied career.
Skyline opens new extension building
Skyline opens new extension building
"I can absolutely tell you, you do not get sick of that view."
Otago hotel goes from 'best in country' to liquidation
Otago hotel goes from 'best in country' to liquidation
The company which was operating an Otago hotel once voted the best country pub in New Zealand has been placed in liquidation.
EU eyes energy tax cuts, subsidies to ease war impact
EU eyes energy tax cuts, subsidies to ease war impact
EU leaders want temporary measures to mitigate the impact of a surge in energy prices caused by the Iran war, with electricity tax cuts, lower grid fees and state support put forward as possible short-term fixes.
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Building company goes bust owing $500,000
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Building company goes bust owing $500,000
A Christchurch building company has gone into court liquidation owing just over $500,000 in mainly unpaid tax bills.
Trampoline park forced to close amid tough times
Trampoline park forced to close amid tough times
A Christchurch indoor trampoline park has closed its doors after the company that runs it went into liquidation.
Another recession looming, economists warn
Another recession looming, economists warn
Kiwis are already feeling the expensive ripple effects of the war in Iran - and economists are warning that the real impact is only just beginning.
Fuel supplies: Govt preparing for 'worst-case scenario'
Fuel supplies: Govt preparing for 'worst-case scenario'
Prime Minister Christopher Luxon says New Zealand has "sufficient fuel supplies" amid war in the Middle East, but "things could get worse before they get better".
Rocket Lab wins $330m US Department of War contract
Rocket Lab wins $330m US Department of War contract
Rocket Lab has won a big contract from the US Department of War, formerly the Department of Defence, for a series of hypersonic test flights using its HASTE launch vehicle.
AI factory means more turbines: Mercury
AI factory means more turbines: Mercury
Selling 140MW of electricity to a new data centre near Invercargill will lead to the further development of renewable electricity which ultimately will help with energy prices, Mercury Energy says.
Big promoters accused of holding govt to ransom
Big promoters accused of holding govt to ransom
There are allegations of corporate concert welfare and promoters holding the government to ransom over funding for big events while home grown talent is left out.
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Dunedin house prices up
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Dunedin house prices up
While home values across the country have remained "largely static" over summer, the QV House Price Index shows southern regions have bucked the trend and increased.
Picking the best rate in an uncertain time
Picking the best rate in an uncertain time
The right term to pick depends a lot on how you think the economy will fare through this year.
Wattie's plan to quit frozen vegetables 'kick in the guts'
Wattie's plan to quit frozen vegetables 'kick in the guts'
About 220 farmers in Canterbury are worried about their future as Wattie's considers closing several NZ factories, including its Hornby plant, and cutting hundreds of jobs.
Is Nicola Willis' 'worst case scenario' too optimistic?
Is Nicola Willis' 'worst case scenario' too optimistic?
Finance Minister Nicola Willis might be being optimistic if she thinks inflation at 3.7 percent is a "worst case scenario", one economist says.
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Business doing well but no buyers
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Business doing well but no buyers
This is another story of a hospitality business closing.
How NZ's fuel escalation levels work
How NZ's fuel escalation levels work
Despite the conflict in the Middle East and growing worries over global oil supply, NZ remains at the lowest level of official concern - but that could quickly change.