AI generating 'exorbitant' claims for tenants
AI generating 'exorbitant' claims for tenants
AI told a tenant in dispute she should ask for $40,000, but got just $80 from the Tenancy Tribunal.
Business
Rising takeaway coffee prices help push food costs higher
Rising takeaway coffee prices help push food costs higher
An increase in the price of takeaway coffee in March helped pull food prices up 3.4% more than a year earlier.
Tim Cook to step down as Apple CEO, insider named successor
Tim Cook to step down as Apple CEO, insider named successor
Apple has named insider John Ternus as its next CEO, tapping the long-time hardware chief to steer the company after Tim Cook as the iPhone maker gears up for an industry change spurred by AI.
Fuel stocks: Petrol, diesel fall slightly, jet fuel rises
Fuel stocks: Petrol, diesel fall slightly, jet fuel rises
Petrol and diesel stocks have decreased slightly, while jet fuel stocks have risen, according to the latest fuel stocks update.
Banks to help amid fuel crisis, but no interest loans off table
Banks to help amid fuel crisis, but no interest loans off table
New Zealand's banks say they are standing by to help customers who are affected by the fuel crisis.
O'Donnell's complicated tenure on KiwiRail board
'Frankly unmanageable': O'Donnell's complicated tenure on KiwiRail board
Scott O'Donnell would have been paid tens of thousands of dollars to be on KiwiRail's board. But he missed large chunks of its meetings and quit after only eight months.
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Topped-up lakes have generator smiling
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Topped-up lakes have generator smiling
Hydro lakes are full and one of the country’s main generators says there is a sign that prices will get more affordable as a pipeline of massive investment in renewable projects comes online.
Obligation to be constructive in consultation reinforced
Obligation to be constructive in consultation reinforced
While there has been significant media coverage of ongoing industrial action by firefighters over pay offers, it seems there is more to this.
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Praise for outgoing chairman as he takes on HNZ
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Praise for outgoing chairman as he takes on HNZ
Mark Darrow has been on many boards but he describes his six-year tenure as chairman of MTF Finance as a career highlight.
Trucking Association warns worst is yet to come for consumers
Trucking Association warns worst is yet to come for consumers
NZ Trucking Association chief executive Dave Boyce warns the real cost of the current fuel shortage has not hit consumers yet, as the industry considers ways to reduce the impact on operators.
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Bike shops under the pump
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Bike shops under the pump
Dunedin cycle mechanics are struggling to keep up with demand for repairs as people dust off their old bikes in the face of pressure at the pump.
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Family business opportunity ‘too good’ to pass up
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Family business opportunity ‘too good’ to pass up
For decades, Dunedin entrepreneur Roger Belton’s name was synonymous with Southern Clams. Now a new Belton is at the helm of the shellfish company, as business editor Sally Rae reports.
Fuel sees biggest price jump since data began
Fuel sees biggest price jump since data began
The immediate impact of the Middle East conflict has been measured in a sharp surge in fuel prices, while consumer spending has been softer.
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New partner planning to stay in city ‘long-term’
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New partner planning to stay in city ‘long-term’
James Cowan was a pupil at Kaikorai Valley College when he decided he wanted to be a lawyer.
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HR solid foundation for career
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HR solid foundation for career
Nearly a decade spent working in human resources provided Gerrad Brimble with very useful practical experience for his work as an employment lawyer.
Shoe firm Allbirds switches to AI
Shoe firm Allbirds switches to AI
A local tech commentator says Kiwi founded Allbirds' surprise pivot from making merino shoes to AI chips is not as crazy as it sounds.
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ScottTech secures contracts for $50 million
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ScottTech secures contracts for $50 million
A Dunedin robotics and automation company doing business with global titans Boeing and Pepsi has secured nearly $50 million in new contracts over the past six weeks.
Banks back online after outages
Banks back online after outages
Kiwibank and Westpac say that their internet banking services are back up and running.
Cafes traded while insolvent: liquidator
Cafes traded while insolvent: liquidator
Failed national cafe chain Wishbone, which had a location at Dunedin Hospital, traded while insolvent, it has emerged.
Kiwibank warns against 'reckless' interest rate hikes
Kiwibank warns against 'reckless' interest rate hikes
The economist community appears to be split over the Reserve Bank's interest rate path, with one bank saying "reckless" rate hikes are unwarranted.