Contractor goes into liquidation
Contractor goes into liquidation
Timaru plumbing and building contractor GFY Ltd has gone into liquidation by a court order owing Inland Revenue (IRD) about $915,000.
Business
How NZ's tax system compares with other countries
How NZ's tax system compares with other countries
Do you know how much the average person in New Zealand pays, and how that compares to other countries?
Unemployment to hit nine-year high
Unemployment to hit nine-year high
Unemployment is set to hit its highest level in nearly nine years, as the lagging effects of last year's recession and the sluggish recovery hit hiring and wages.
Forestry conversions spur study
Forestry conversions spur study
Rural mental health advocate Kathryn Wright is undertaking what she believes to be the first social research in New Zealand on population loss due to forestry conversions.
Waste-to-power venture gains global recognition
Waste-to-power venture gains global recognition
Ecogas — a joint venture between Central Otago’s Pioneer Energy Group and Ecostock Ltd — has received global recognition, winning AD Hero of the Year.
Harsh times cited for liquidation
Harsh times cited for liquidation
Harsh economic times have been cited as the reason for the liquidation of a Wānaka interior design business.
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Venture aimed at helping women find their feet, seat
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Venture aimed at helping women find their feet, seat
After a career as an urban planner and then running a childcare centre business, Wakatipu’s Gemma Smith is changing tack for a different pace of life.
Synlait loss turnaround ‘will take time’
Synlait loss turnaround ‘will take time’
Canterbury-based milk processor Synlait Milk is anticipating a loss after tax of $27 million to $40m after manufacturing challenges at its Dunsandel factory.
Organic veg farm loses $250k worth of crops
Organic veg farm loses $250k worth of crops in floods
An organic vegetable farm in Canterbury lost about $250,000 of crops in the flooding which saturated the region in early May.
Wānaka holiday park sold to overseas investor
Holiday park sold to overseas investor for unknown sum
Wānaka's award-winning Top 10 Holiday Park has been sold to an overseas-based joint venture, which intends to maintain its current use.
New Air NZ boss announcement sparks backlash
New Air NZ boss announcement sparks backlash
News organisations have been forced to restrict or disable comments on social media on Nikhil Ravishankar's appointment due to a torrent of abuse.
$5.4m loss reported after site closure
$5.4m loss reported after site closure
Ravensdown has reported a loss of $5.4m after tax and one-off costs for the year ending May, with the costly closing of Dunedin fertiliser manufacturing among challenges.
40% of workers jobless after supermarket fire, union hits out
40% of workers jobless after supermarket fire, union hits out
Only just over 100 of more than 180 people employed by Victoria Park New World have so far found work in other Foodstuffs supermarkets.
100 jobs set to go at Wētā FX
100 jobs set to go at Wētā FX
"The vibe is terrible. We're surrounded by good people and we are supporting each other, [but] morale is very low," one staffer says.
NZ slapped with 15% US tariff
NZ slapped with 15% US tariff
Finance Minister Nicola Willis says New Zealand has been hit by a "very blunt formula" after the United States announced a new tariff on exporters.
Southern businesses buck trend
Southern businesses buck trend
Otago's small businesses are finding a way to increase sales while North Island centres go backwards.
Air New Zealand appoints new chief executive
Air New Zealand appoints new chief executive
Air New Zealand has appointed its new chief executive from within its own ranks.
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Ditching payment systems a right: cafe owner
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Ditching payment systems a right: cafe owner
Businesses concerned about the impact of banning certain in-store surcharges are "well within their right" to scrap the payment systems altogether, a Dunedin cafe owner says.
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Placemakers Dunedin part of solar upgrade programme
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Placemakers Dunedin part of solar upgrade programme
A store on a landmark Dunedin site is getting a solar-powered upgrade.
Paywave costs should be passed on to customers - Willis
Paywave costs should be passed on to customers - Willis
The Finance Minister says when a ban on contactless card payment surcharges comes into effect, businesses should pass on the cost to customers as they would any other business cost.