Business

Gas 'crisis': MBIE warns supply falling faster than expected

Gas 'crisis': MBIE warns supply falling faster than expected

Consumption of natural gas dropped to its lowest level since 2011 last year, and a govt department warns gas supply may be falling faster than previously expected.

Scores of jobs to go in planned sawmill closure

'Absolutely gutted': Scores of jobs to go if sawmill near Nelson closes

Carter Holt Harvey plans to shut the Eves Valley Sawmill near Nelson, affecting 142 jobs, the city's mayor says.

Russia orders state-backed app for devices

Russia wants to promote the popularity of MAX, the new state-controlled messaging app. Photo:...

Russia orders state-backed app for devices

A Russian state-backed messenger application must be pre-installed on all mobile phones and tablets from next month, the government says.

Retailers upbeat following OCR cut

Talk of lower interest rates has retailers feeling more positive about the economy. Photo: RNZ

Retailers upbeat following OCR cut

Shopkeepers might have high hopes for an economic turnaround and better sales, but the data indicates otherwise.

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Distillery’s gin still top tipple

Showing off their prizewinning Ladybird Navy Strength Gin are Sandymount Distillery owner Richard...

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Distillery’s gin still top tipple

A Dunedin gin distillery is "thrilled" to have been named best in class at a national awards - for the fourth time in a row.

Reserve Bank cuts OCR to 3 percent

Reserve Bank cuts Official Cash Rate cut to 3 percent

The Reserve Bank has cut the the Official Cash Rate by 25 basis points to a three-year low of 3 percent, as expected.

Dunedin store closes as national chain fails

Kitchen Things has a shop in Dunedin. Photo: Google Maps

National appliance chain Kitchen Things in receivership

A national kitchen appliance chain with a Dunedin branch has gone into receivership because of weak consumer demand and tough competition.

UK drops 'backdoor' mandate for Apple: spy chief

Users of Apple's iPhones, Macs and other devices can enable the feature to ensure that only...

UK drops 'backdoor' mandate for Apple: spy chief

Britain has dropped its demand for iPhone maker Apple to provide a "backdoor" that would have enabled access to protected encrypted data of US citizens.

Govt accepts 'Price it Right' petition

In 2024, the Commerce Commission estimated pricing errors were likely costing shoppers tens of...

Govt accepts 'Price it Right' petition

Economic Growth Minister Nicola Willis has accepted Consumer NZ's 'Price It Right' petition for accurate supermarket pricing.

Open Country to buy Mataura Valley Milk

Mataura Valley Milk staff pictured at the plant’s opening in 2018. PHOTO: SUPPLIED

Open Country to buy Mataura Valley Milk

Talley's Group-owned Open Country — New Zealand’s second-largest milk processor — has entered into a conditional agreement with the shareholders of Mataura Valley Milk to buy the business.

Stuff staff vote to strike over collective deal

Stuff staff vote to strike over collective deal

Staff at media company Stuff have voted to take strike action.

Bread, milk price increases show pressure still on

Food prices are rising but people ducking out for a pint of milk or loaf of white bread have been especially hard hit by increases in the last year.

Major shake-up of building consents

Minister for Building and Construction Chris Penk. Photo: RNZ

Major shake-up of building consents

Building and Construction Minister Chris Penk says the consents regime is "sluggish" and holding the sector back.

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Decision made to close flood-damaged bookshop

Downtown Book Exchange owner Sharon Sculpher (left), her brother in-law, James Richards, and her...

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Decision made to close flood-damaged bookshop

A burst pipe has washed away a Dunedin bookshop owner’s childhood dream and forced her business to close for good.

Call to let tourists over 35 work in NZ

Currently, working holiday visas are available to people aged between 18 and 35. Photo: RNZ

Call to let tourists over 35 work in NZ

The age for New Zealand's working holiday visas should be raised to 50 to help hike international visitor numbers, a tourism operator says.

How to manage responses to stress and conflict

As a business owner or leader, you’re no stranger to conflict, whether it’s hearing something uncomfortable or delivering a message others may not want to receive.

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Commercialising clinical technology new aim for Christchurch company

MARS Bioimaging chairman Christopher Stoelhorst, left, with new chief executive officer Dr Ojas...

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Commercialising clinical technology new aim for Christchurch company

Christchurch company MARS Bioimaging has opened the door for more investors to reach a capital raise target of $10 million for getting its colour CT scanners into medical clinics.

Air NZ's online payment system down

Air NZ says travel remained very restricted. Photo: supplied

Air NZ's online payment system down

Air New Zealand customers are unable to make online bookings due to a problem with the company's online payment system.

Cost of scrapping ferry deal revealed

A digital image of a new Interislander ferry that was to be built by Hyundai Mipo Dockyard. Photo...

Cost of scrapping ferry deal revealed

The bill is now $671 million, after another $144m was added to the scrapped iReX ferry project cost.

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