Offer to banks to settle law suit for $300m
A class action law suit against ASB and ANZ banks for overcharging customers is offering to settle its case for a payment of more than $300 million.
Business
SUBSCRIBER
‘Great’ opening day for Mosgiel bakery
SUBSCRIBER
‘Great’ opening day for Mosgiel bakery
Dunedin residents love a good scroll and the number of bakeries in the city is on the rise.
Big energy retailers forced to lower off-peak prices
Big energy retailers forced to lower off-peak prices
Big electricity retailers will have to offer cheaper prices for off-peak power use prices, and fair prices to people who sell surplus power to the grid from rooftop solar panels at peak times.
'Really hard for older job seekers at the moment'
'Really hard for older job seekers at the moment'
Dozens of people are signing up to a job site for older workers every day, as more and more of them are noticeably struggling to find work.
Chch contractor in liquidation owes $2.6m
Chch contractor in liquidation owes $2.6m
A Christchurch painting and maintenance contractor has gone into liquidation owing creditors an estimated $2.6 million.
HelloFresh pleads guilty to misleading behaviour
HelloFresh pleads guilty to misleading behaviour
Meal-kit provider HelloFresh has pleaded guilty to misleading behaviour under the Fair Trading Act.
Vital Ltd shareholders considering Tait takeover offer
Vital Ltd shareholders considering Tait takeover offer
Vital Ltd shareholders weighing up a takeover offer by Christchurch communications company Tait International have until August 8 to opt into a share buy-out at the "low end" of an independent...
Another solar farm likely for Canterbury
Another solar farm likely for Canterbury
Genesis is on track to make a final investment decision in the middle of next year to spend $110 million on building another large solar farm in Canterbury.
SUBSCRIBER
Climbing the ladder: from intern to partner
SUBSCRIBER
Climbing the ladder: from intern to partner
He started as an intern.
Investment confidence boosted
Investment confidence boosted
Canterbury businesses are already lining up commercial buildings and buying other big-ticket items on the back of the government’s Investment Boost scheme.
SUBSCRIBER
Spell has been cast: $150,000 grant for startup
SUBSCRIBER
Spell has been cast: $150,000 grant for startup
"I feel like I am doing the thing I was put on Earth to do."
Country living a cut above for retailers
Country living a cut above for retailers
Operating a seven-day-a-week retail business for nearly three decades might sound like a slog.
SUBSCRIBER
Under-fire pub owner admits he 'got slack'
SUBSCRIBER
Under-fire pub owner admits he 'got slack'
The owner of a decades-old Dunedin tavern pulled up for a lack of food says he got slack and it has come back to "kick in the butt".
All go for global firm’s new NZ chairman
All go for global firm’s new NZ chairman
A multibillion-dollar company with thousands of employees is being led by a Christchurch man, writes Tim Cronshaw.
SUBSCRIBER
Deputy PM ‘in awe’ of work done at city tech firm
SUBSCRIBER
Deputy PM ‘in awe’ of work done at city tech firm
Deputy Prime Minister David Seymour has praised a Dunedin robotics company as being "at the forefront of world technology".
Govt 'alliance' to combat online scammers
Govt 'alliance' to combat online scammers
The coalition government is promising a crackdown on financial con-artists, bringing together agencies, industry and consumer groups to shut down online scams.
Listener, NZ Woman's Weekly for sale
Listener, NZ Woman's Weekly for sale
New Zealand magazines including the Listener, Woman's Day and New Zealand Woman's Weekly are for sale after its publisher has been put on the market.
Southern businessman made KiwiRail director after NZ First donation
Southern businessman made KiwiRail director after NZ First donation
A newly-appointed KiwiRail board director is a director of a Tapanui company which donated to NZ First and is involved in the Mosgiel inland port development.
New World fire: 180 roles to be disestablished
New World fire: 180 roles to be disestablished
Foodstuffs has confirmed 180 roles at an Auckland supermarket will be disestablished after recent fire.
Reserve Bank holds Official Cash Rate at 3.25%
Reserve Bank holds Official Cash Rate at 3.25%
The Reserve Bank has paused its 11- month rate-cutting programme and held the official cash rate unchanged at 3.25%.