Petrol prices could hit $3 a litre amid Middle East conflict
Petrol prices could start rising by the end of the week as the Middle East conflict goes on, one industry head says.
Business
Global oil and gas prices soar
Global oil and gas prices soar
The conflict risks triggering a spike in inflation that could choke off economic recovery in Europe and Asia if the war in Iran is prolonged.
Barker’s trying to drain wastewater ponds sooner
Barker’s trying to drain wastewater ponds sooner
Jam and juice company Barker’s is trying to drain contentious storage ponds sooner by discharging wastewater on nearby conservation land again after neighbours’ complaints about the smell.
Oceana Gold buys Hyde land
Oceana Gold buys Hyde land
Oceana Gold has spent $11.25 million on land at Hyde to expand its existing open pit and underground Macraes gold mine.
Chch backing start-up developments: advocates
Chch backing start-up developments: advocates
Christchurch is fast becoming the city of choice as a launching pad for business start-ups.
Direct Christchurch flights to Perth
Direct Christchurch flights to Perth
South Island travellers will have the option of flying directly to the western shores of Australia from Christchurch Airport from October.
Tankers stranded and damaged in Middle East
Tankers stranded and damaged in Middle East
Insurance companies are cancelling war risk coverage for vessels in the Middle East Gulf as the widening Iran conflict disrupts shipping.
'A bit of volatility' expected in markets after Iran attacks
'A bit of volatility' expected in markets after Iran attacks
Investors can brace for volatility over the coming days as markets digest the impact and implications of attacks on Iran, as well as potentially higher fuel prices.
Jade confident in growth in Europe, Americas
Jade confident in growth in Europe, Americas
Christchurch tech firm Jade Software is eyeing up more investments after buying a software system operated by some of the world’s largest dairy companies.
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Recognition of achievement for long-serving accountant
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Recognition of achievement for long-serving accountant
When Kyle Cameron first came to Dunedin, he was enrolled to study geography.
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Highlights, challenges in council tenure
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Highlights, challenges in council tenure
Dunedin accountant Malcolm Wong’s highlight during his tenure on the University of Otago Council is one that is very personal.
Obituary: Selwyn Cushing, businessman
Obituary: Selwyn Cushing, businessman
Sir Selwyn Cushing was one of New Zealand’s most prominent businessmen, but sport and the arts were also deeply grateful for his leadership and support.
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Tiling business in liquidation owing $350k
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Tiling business in liquidation owing $350k
A Queenstown-based tiling business has been placed in voluntary liquidation with an estimated shortfall to all creditors of about $350,000, the liquidators first report says.
Development begins
Development begins
Work has begun on a $9 million industrial precinct project in South Dunedin a developer hopes will attract 12 businesses.
Preserves manufacturer seeks discharge on Doc reserve
Preserves manufacturer seeks discharge on Doc reserve
South Canterbury jam and juice company Barker’s is trying to regain approval to discharge treated factory water on nearby conservation land.
New science institute culling 134 jobs
New science institute culling 134 jobs
The government's Bioeconomy Science Institute is to cut 134 jobs less than a year after it was formed.
Air NZ profit plunges while Qantas soars
Air NZ profit plunges while Qantas soars
Air NZ has slumped to a half-year loss as it faces severe disruption due to grounded aircraft. Across the Tasman, Qantas is flying high, recording a bumper profit.
Young women being left behind in property market
Young women being left behind in property market
Women - particularly younger women - are being left behind in the property market, a situation that could exacerbate wealth gaps over time.
Surge in traffic delivers increased profits
Surge in traffic delivers increased profits
A surge in air traffic has propelled Christchurch Airport to deliver a 24% increase in first-half profit to $29.5 million.
Banks 'must provide cash services': RBNZ
Banks 'must provide cash services to customers': RBNZ
The Reserve Bank says the banking industry should be forced to provide basic cash handling services to consumers and businesses throughout the country.