Business

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.

'A lot of pain': More than 2500 hospo businesses gone

'A lot of pain': More than 2500 hospo businesses gone

It seems barely a week goes by where there isn't a high-profile hospitality business closing in New Zealand.

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Couple ditch Sydney to open hotel in Dunedin

Former Sydneysiders Matt Edwards and Anabel Tweedale, pictured with Lola, have opened boutique...

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Couple ditch Sydney to open hotel in Dunedin

It has all the trappings of reality show Escape to the Country — except this particular couple escaped their country.

Airfares expected to increase after Air NZ profit falls

Passengers should expect airfares to increase by 5% soon to meet increasing costs, says outgoing Air New Zealand chief executive Greg Foran.

Who could be new supermarket competitor?

In March, food prices hit an 11-year high, up 6.8 per cent. Photo: Getty Images

Who could be new supermarket competitor?

Who could our new supermarket player be? Experts say there are a few potential options.

Stuff staff to strike outside newsrooms

E tū members at media company Stuff are going on strike on Thursday afternoon.

Supermarket plan does not go far enough: Green MPs

Woolworths and Foodstuffs are effectively the only two players in New Zealand's grocery sector....

Supermarket plan does not go far enough: Green MPs

Opposition parties say the government's plan to drive down supermarket prices does not go far enough, but have varying solutions of their own.

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'I spent my childhood in a sex shop'

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Dunedin's family-owned sex shop closes doors

A Dunedin man who grew up in his family’s sex shop is preparing to say goodbye to one of the country’s oldest adult stores.

Wellington brew bar closing, blames cost-of-living crisis

Fortune Favours head brewer Dale Cooper and Pete the Pug. Photo: RNZ

Wellington brew bar closing, blames cost-of-living crisis

Wellington central city brew bar Fortune Favours is closing due to the cost-of-living crisis, its owners say.

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Students working to mitigate period pain

Emma Fahey, Theresa Radka and Hayley Reynolds with the drink supplement they have formulated to...

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Students working to mitigate period pain

Three enterprising Otago Girls High School students have developed a drink concentrate to provide natural relief from period-related inflammation.

New option for businesses sending parcels to US

NZ Post has set up a commercial sending option allowing Kiwi businesses to resume sending parcels...

New option for businesses sending parcels to US

NZ Post services to the United States will resume for businesses due to a new commercial sending option - but other customers will need to wait.

Cruise industry jumps ship on NZ

Cruise ships berthed at Port Otago. PHOTO: GREGOR RICHARDSON

Cruise industry jumps ship on NZ

Red tape, high costs and tough rules have cruise companies turning their backs on New Zealand, and our cruise industry on the brink of sinking.

Turbulent times for Air NZ

Air New Zealand said it was coping with a range of issues. Photo: supplied

Turbulent times for Air NZ

Air New Zealand's profit has fallen, as soft demand and continuing engine maintenance and plane supply problems weigh on earnings.

New visa for business investors will help those selling

Baby boomers struggling to sell up their small businesses have got a surprise boost after the government announced a new visa for migrants who might want to buy them out.

New supermarkets to be fast-tracked

Finance Minister Nicola Willis. Photo: RNZ

New supermarkets to be fast-tracked in bid to boost competition

New supermarkets that could boost competition will be eligible for fast-tracked approval, under changes announced by the government today.

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