Cost of scrapping ferry deal revealed
Cost of scrapping ferry deal revealed
The bill is now $671 million, after another $144m was added to the scrapped iReX ferry project cost.
Business
House prices up 11%: report
House prices up 11%: report
Otago's housing market is warming up in the winter chill as median prices rise 11% to reach $730,000.
MTF targeting more lending to businesses
MTF targeting more lending to businesses
MTF is attributing an increase in business lending to its local, human-led finance model.
Job losses 'inevitable' in cruise industry slump
Job losses 'inevitable' in cruise industry slump
The cruise sector hopes crisis talks at this year's industry conference will help chart a course through rocky financial waters.
Commerce Commission warning for Kmart over greenwashing
Commerce Commission warning for Kmart over greenwashing
The Commerce Commission has warned national retailer Kmart NZ over an environmentally friendly claim likely to mislead consumers.
Bolt’s launch exceeds targets
Bolt’s launch exceeds targets
European ride-hailing company Bolt is eyeing up Christchurch and Wellington but only after building its Auckland base.
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'Tone deaf and greedy': Sunday parking charges slammed
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'Tone deaf and greedy': Sunday parking charges slammed
Charging for Sunday parking in Dunedin has been slammed as a money grab that will kill off centre city business.
Sausages sold at South Island stores recalled
Sausages sold at South Island stores recalled after injury reported
A batch of sausages sold at two South Island branches of a butchery has been recalled because they may contain glass.
Queenstown bucks downwards house price trend
Queenstown bucks downwards house price trend
Property values ticked lower in the July quarter as the winter freeze continues, but the deep South continues to buck the trend.
Real estate agents caught altering sale agreements
Real estate agents caught altering sale agreements
House buyers - particularly those using money from KiwiSaver - may be at risk by real estate agents altering sale and purchase agreements, the Law Association warns.
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Shareholder approval sought for Alliance sale
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Shareholder approval sought for Alliance sale
Site closures and asset sales are possible if farmer shareholders do not support Dawn Meats Group taking a 65% stake in Alliance Group for $250 million, the co-operative says.
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Surcharge ban could raise prices: owner
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Surcharge ban could raise prices: owner
A Dunedin business owner says a ban on in-store surcharges could result in higher prices for all her customers — regardless of how they pay.
PGW boosts profit amid sector recovery
PGW boosts profit amid sector recovery
PGG Wrightson has more than trebled its after-tax net profit for the year ended June 30 as the agricultural sector continues to recover.
Quake-damaged Christchurch hotel to become five-star Sheraton
Quake-damaged Christchurch hotel to become five-star Sheraton
A Christchurch hotel building that has sat empty in the central city since the earthquakes will soon become a five-star Sheraton hotel.
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Students’ business taking on sunburn
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Students’ business taking on sunburn
Two Dunedin secondary school students are taking the fight to summer sunburn.
Oyster farmers find mystery $10k in bank accounts
Oyster farmers find mystery $10k in bank accounts
A payment of about $10,000 has been deposited into the accounts of Mahurangi Harbour oyster farmers - the only catch is they don't know what the money is for.
Courier firm goes bust owing $1.2 million
Courier firm goes bust owing $1.2 million
A Christchurch courier company has buckled under financial pressure, owing creditors more than $1.2 million and leaving staff out of pocket.
Call to diversify into digital assets
Call to diversify into digital assets
New Zealand remains behind its international counterparts when it comes to financial advisers offering exposure to digital assets, Swyftx chief executive Jason Titman says.
ANZ cuts home loan rate
ANZ cuts home loan rate
ANZ has trimmed some of its home loan rates - and there are predictions that other banks may soon follow.
Fed Farmers welcomes seasonal worker visa changes
Fed Farmers welcomes seasonal worker visa changes
The head one of New Zealand's biggest exporters says new visas for seasonal workers will be vital in keeping the industry running.
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