Business

Board will be reduced if sale goes through

Board will be reduced if sale goes through

Alliance Group’s board will reduce from nine to to five — three from Dawn Meats and two from Alliance — if shareholders vote to sell a 65% stake to the Irish company.

Deaf, non-verbal man among 'inexcusable' targets

Optus believes a network fault was behind the outage affecting more than 10 million customers on...

Deaf, non-verbal man among 'inexcusable' targets

Telco giant Optus signed up a homeless, non-verbal, deaf amputee to five contracts and then resisted complaints about its sales practices, an Australian court has been told.

Govt close to deal with ship builder

Rail Minister Winston Peters. Photo: RNZ

Govt close to deal with ship builder

The government is close to striking a deal with a shipbuilder to deliver the new Cook Strait ferries.

Marbecks closes Queen St store after more than 90 years

Marbecks will close its Queens Arcade shop on October 31. Photo: RNZ

Marbecks closes Queen St store after more than 90 years

The owner of Marbecks Records says closing its physical store on Auckland's Queen St after more than 90 years is a sign of the times.

Golden visas: 5.5% of Queenstown properties fit $5m threshold

This four-bedroom property, set on 5ha of land near Frankton, is on the market with an asking...

Golden visas: 5.5% of Queenstown properties fit $5m threshold

Houses in Queenstown, Lake Hayes and Auckland suburbs Devonport and Remuera, as well as large plots of Central Otago land are among the properties foreign buyers might be able to buy under new rules.

More plans for $200m equestrian centre revealed

More plans for $200m Canterbury equestrian centre revealed

The opening date for an estimated $200m Canterbury equine stud and equestrian training centre has been pushed back until late 2027.

Luxon re-announces $7.5b Amazon deal from 2021

Prime Minister Christopher Luxon says Amazon Web Services is spending $7.5 billion on storage and data centres - a move announced by the company four years ago.

Major rise in company liquidations

Major rise in company liquidations

Company liquidations have increased significantly, despite positive lending trends and eased interest rates.

Dunedin Smiths City store closes as company put in voluntary administration

The Dunedin Smiths City store has been 'temporarily closed': Photo: Supplied

Dunedin Smiths City store closes as company put in voluntary administration

Dunedin's Smiths City store has been "temporarily closed" for business this morning as the beleaguered retailer enters voluntary administration.

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Dealership moves to Mosgiel after ‘too good an offer to turn down’

Midway Motors managing director Chris Henderson’s first day on the job yesterday at the used car...

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Dealership moves to Mosgiel after ‘too good an offer to turn down’

A family-owned used car dealership has made the "huge" move from Dunedin to Mosgiel after spending more than 40 years in the city.

Jetstar fined over $2m for misleading customers

The Commerce Commission took Jetstar to court over charges it discouraged consumers from seeking...

Jetstar fined over $2m for misleading customers

Jetstar has been fined $2.25 million over misleading customers about what compensation they were entitled to after cancelled or delayed flights.

Benefits of employee wellbeing key to startup

Business editor Sally Rae talks to former professional rugby player Craig Hudson about why he's involved with Dunedin-based startup Givenwell.

Most Trump tariffs illegal, US court rules

US President Donald Trump last week announced hefty tariffs for many countries in his plan to ...

Most Trump tariffs illegal, US court rules

The tariffs have given the Trump administration leverage to extract economic concessions from trading partners but also increased volatility in financial markets.

Reserve Bank chair resigns with immediate effect

Reserve Bank chair Neil Quigley. Photo: RNZ

Reserve Bank chair resigns with immediate effect

Reserve Bank chair Neil Quigley has resigned with "immediate effect" after months of scrutiny of his handling of Adrian Orr's resignation as Governor.