Business

Peters' buyback bank plan 'bad signal' for investors: analyst

NZ First leader and government minister Winston Peters. Photo: RNZ

Peters' buyback bank plan 'bad signal' for investors: analyst

Winston Peters' threat to nationalise a major Australian-owned bank would send a "bad signal" to potential foreign investors, a veteran economic analyst believes.

Fuel stocks steady after recent jump in supply

Fuel stocks steady after recent jump in supply

The country's fuel stocks are relatively steady following a significant jump in supply last week.

QR codes latest scam to take your money

QR codes latest scam to take your money

Known as 'quishing', a QR code's landing website is swapped out for another, where some sort of payment is sought.

Townhouse boom leaving half-finished builds across Christchurch

A builder says there are many half-finished housing developments in Christchurch and Auckland....

Townhouse boom leaving half-finished builds across Christchurch

A builder says Christchurch is seeing an increasing amount of half-finished two-bedroom developments with less appetite in the market.

'Devastating': Top golf course could be carved up for housing

The Pegasus Golf and Sports Club. Photo: Bayleys

'Devastating': Top golf course could be carved up for housing

A golf course near Christchurch described as one of the best in Canterbury is expected to be carved up for housing.

Avocados down, eggs up: how food prices are moving

Food prices are likely to be impacted if the war in the Middle East keeps pressure on oil prices....

Avocados down, eggs up: how food prices are moving

Food prices were flat in April, and up by less compared to the year earlier than they were in March.

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Architect firm hoping to put stamp on town

Herriot Melhuish O’Neill Architects director Matt Robinson has moved from Auckland to Wānaka with...

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Architect firm hoping to put stamp on town

An architect whose firm is expanding into Queenstown and Wanaka says they are among many flocking down south to capitalise on the region’s ‘‘incredible’’ growth.

Diesel price skyrockets 95% in two months

The IMF says New Zealand's economy is going through a necessary slowdown caused by the Reserve...

Diesel price skyrockets 95% in two months

In the two months since February, petrol has increased 33.6 percent and diesel has increased 94.9 percent, Stats NZ says.

Morale at NZTA hits 'rock bottom' as job cuts loom

Morale at NZTA hits 'rock bottom' as job cuts loom

Morale at the NZ Transport Agency is "at rock bottom" after a fresh wave of proposed job cuts, the Public Service Association says.

Air NZ cuts 5% of flights, says jobs could go

Air New Zealand chief executive Nikhil Ravishankar. Photo: RNZ

Air NZ cuts 5% of flights, says jobs could go

Air New Zealand has cut 5 percent of flights and will start to consolidate other routes after the July school holidays, chief executive Nikhil Ravishankar says.

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George St praise grows two years on

George St jeweller and Dunedin city councillor Brent Weatherall says retail on the street today...

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George St praise grows two years on

Roadwork-fuelled fury appears to have simmered into quiet optimism two years since Dunedin’s new-look George St debuted.

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Liquidations topple Domino’s franchises

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Liquidations topple Domino’s franchises

Domino’s takeaway pizzas are off the menu in Queenstown and Wānaka.

Air NZ bracing for big hit as fuel costs soar

Air New Zealand says it has "moved quickly" to limit the impact of fuel costs. Photo: supplied

Air NZ bracing for big hit as fuel costs soar

The national carrier says it's looking at cost-cutting and reviewing capital expenditure plans.

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A nose for perfume business

Nicky Tāmati is opening her own Princes St perfumery, Nur Perfumery. PHOTO: STEPHEN JAQUIERY

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A nose for perfume business

A Dunedin woman with a rare condition where aromas take the form of colours and shapes is opening a perfumery to help people create their own special fragrances.

Significant increase in petrol stocks

The proposal is subject to Commerce Commission approval. Photo: RNZ

Significant increase in petrol stocks

The country's petrol stocks have jumped significantly with several big shipments on the way to New Zealand.

PM flags immigration policy, more capital spend

Prime Minister Christopher Luxon has promised "careful" immigration policy and signalled more capital spending than expected in a pre-Budget speech.

Government revisits partial sell-off of Kiwibank

State-Owned Enterprises Minister Simeon Brown. Photo: RNZ / Nick Monro

Government revisits partial sell-off of Kiwibank

Kiwibank has been instructed by the government to once again look at its options for long-term growth, including revisiting the possibility of partial privatisation.