Business

Butter price likely to stick as demand lifts

Butter buyers flinching at $8.60 for a 500g block are unlikely to see this dropping any time soon as Fonterra glimpses more international demand and dismisses talk of discounts.

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Company born in student flat shares recipe for success

Cheeky Hard Iced Tea co-founders Olivier Despatis (left) and Brendan Yielder toast the success of...

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Company born in student flat shares recipe for success

A beverage company with beginnings in the kitchen of a Dunedin student flat has credited an Otago University initiative as paving the way for its success.

What are people in hospo being paid?

What are people in hospo being paid?

The Restaurant Association has produced its latest remuneration report, which shows what people in hospitality are being paid on average around the country.

Fonterra rules out discounted butter for Kiwis

Fonterra rules out discounted butter for Kiwis

The head of dairy giant Fonterra says the co-operative cannot and will not have different butter prices for local and overseas customers.

Govt says controversial campaign 'a winner'

Govt says controversial campaign 'a winner'

The government is calling the controversial 'Everyone Must Go' campaign a winner for attracting Australian tourists to New Zealand shores.

NZ First signals change to foreign buyers ban

NZ First leader Winston Peters helped introduce the ban in 2018. Photo: RNZ

NZ First signals change to foreign buyers ban

During coalition talks the party blocked National's proposal to allow foreigners to buy houses worth more than $2 million.

KiwiSaver hardship withdrawals boom

People can opt to stop contributing to KiwiSaver for a year at a time, and can renew the...

KiwiSaver hardship withdrawals boom

More than 50,000 people made withdrawals from their KiwiSaver accounts on the basis of hardship in the year to June - compared to about 18,000 five years ago.

'Robin Hood' supermarket plans to deliver profits for foodbanks

Salvation Army Auckland kai champion Joel Williams in the Manukau Foodbank where the distribution...

'Robin Hood' supermarket plans to deliver profits for foodbanks

The supermarket has started delivering pantry staples to online shoppers in three North Island cities.

'Everywhere you look, costs are increasing'

A Sounds Air Cessna 208 Caravan. PHOTO: SUPPLIED

Regional flights: 'Everywhere you look, costs are increasing'

Regional aviation will become increasingly unsustainable and ticket prices will continue to rise until the government takes action on aviation system costs, airlines say.

Growing stocks to grow business

Reefton Distilling Company founder and chief executive Patsy Bass sees growing the company’s...

Growing stocks to grow business

The West Coast’s Reefton Distilling Company has announced a $2 million capital raise to scale its Moonlight Creek whisky production.

Four-day week means happier workers: study

Working a four-day week reduces burnout and improves job satisfaction, a large-scale new study has found.

Supermarket pricing errors costing Kiwis millions

Supermarket pricing errors costing Kiwis millions

Consumer NZ wants the government to crack down on what it calls a systemic problem of misleading supermarket prices.

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Alleyway cafe shutting its doors

The Albion owner Jayde Regassa sets out a sign to notify customers her central city cafe will...

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Alleyway cafe shutting its doors

Customers at Dunedin’s The Albion cafe are always told to "mind the step" so they do not trip on their way out the front door.

Sky TV to buy Three owner for $1

Sky TV to buy Three owner for $1

Sky TV has agreed to fully acquire TV3 owner Discovery New Zealand for $1.

Willis wants answers over high butter price

The price of a block of butter is now 120%  higher than it was a decade ago, according to...

Willis wants answers over high butter price

Finance Minister Nicola Willis will be asking dairy giant Fonterra about the high retail price of butter in New Zealand.

Blame-game begins as inflation hits 12-month high

Blame-game begins as inflation hits 12-month high

Inflation has edged to a 12 month high on the back of more expensive rents, rates, electricity and food, but remains in the Reserve Bank's target band and is unlikely to prevent further rate cuts.