Business

Woolworths warned over range review process

Woolworths warned over range review process

The Commerce Commission has warned Woolworths New Zealand for what it believes is a likely breach of the Grocery Industry Competition Act, following a review of major supermarkets' product...

Forecasters suggest fixing home loan rates

Interest rates have generally been falling since 2024. Photo: Getty Images

Forecasters suggest fixing home loan rates

Borrowers might want to fix their home loans soon, forecasters warn.

Crowdy with a chance of meatballs

People queue to enter IKEA on its opening day in Auckland. Photo: RNZ

Crowdy with a chance of meatballs

More than half a million people visited Auckland's Ikea in its first month of business, and shoppers bought 28,000 servings of meatballs.

Many Kiwis starting year with financial stress

The fall of interest rates has done little to ease the financial stress many New Zealanders are...

Many Kiwis starting year with financial stress: survey

Many New Zealanders are starting the year feeling stressed about money despite interest rates having fallen, one bank says.

Fletcher Building to sell construction arm

Construction activity fell sharply. Photo: ODT Files

Fletcher Building to sell construction arm

Fletcher Building has reached a binding agreement to sell its construction division to major international firm Vinci Construction.

Otago just short of ‘aspirational’ rise

The average asking price for properties in Southland has more than doubled in the 10 years since...

Otago just short of ‘aspirational’ rise

Property investors across Otago will be "a wee bit gutted" prices did not quite double over the past decade, a Dunedin landlord says.

Engineering company liquidated, $1.8m owed

A Canterbury civil engineering and construction company is in liquidation owing creditors more than $1.8 million.

Adviser draws on hands-on passion for farming

"An experience like no other".

Incomes not keeping up with cost of living - survey

Council of Trade Unions' annual Mood of the Workforce survey showed incomes are falling even more...

Incomes not keeping up with cost of living - survey

A major union-backed survey shows more workers reporting their incomes are not keeping up with the cost of living.

SUBSCRIBER

Creditors not hopeful as debt reaches $1.8m

SUBSCRIBER

Creditors not hopeful as debt reaches $1.8m

A business owed money by a North Otago organic farm has lost hope of ever being paid as the liquidated company’s debt balloons to more than $1.8 million.

SUBSCRIBER

MARS in strong position to make sales this quarter

MARS Bioimaging’s compact spectral molecular imaging CT scanner delivers 3D colour X-rays for...

SUBSCRIBER

MARS in strong position to make sales this quarter

Christchurch company MARS Bioimaging has exceeded a capital-raise target with an oversubscribed $15 million to put its colour CT scanners into medical clinics.

Price of white bread skyrockets

Price of white bread skyrockets

The cost of a loaf of white bread has shot up by almost 60% while other food prices have tumbled, the latest figures show.

SUBSCRIBER

Chch home value growth lures buyers

SUBSCRIBER

Chch home value growth lures buyers

Auckland first-home buyers and other out-of-towners continue to be lured to Christchurch as property values grow at a faster rate than other main centres.

61 shops announce closures in 10 days

61 shops announce closures in 10 days

We are only half-way through the first month of the year and already the business closures are mounting.

SUBSCRIBER

Good things can be fast-tracked: Campbell

Anna Campbell is continuing her studies at the University of Otago and completing a doctorate...

SUBSCRIBER

Good things can be fast-tracked: Campbell

Anna Campbell was recently named the 2025 Young Enterprise Scheme Alumna of the Year.

Govt tourism campaign to target lower South Island

Grey Ridge Vineyard owner Sue Keast shows off some of the wines on offer at the vineyard at Letts...

Govt tourism campaign to target lower South Island

"We're backing the South to shine."

SUBSCRIBER

'A couple of big bills and that’s all it takes'

The Duck owner and founder Emma Strybosch has made the difficult decision to close her Macandrew...

SUBSCRIBER

Difficult decision as cafe closes

Tough economic times have forced a Dunedin business owner to make the "heartbreaking" decision to close her small community cafe after five years in business.