Business

Kiwibank warns against 'reckless' interest rate hikes

Kiwibank warns against 'reckless' interest rate hikes

The economist community appears to be split over the Reserve Bank's interest rate path, with one bank saying "reckless" rate hikes are unwarranted.

$43m Ponzi scheme exposed after businessman's death

A rare picture of the late Masatomo Ashikaga, also known as Tom Tanaka, who ran his East Wind...

$43m Ponzi scheme exposed after businessman's death

A former finance manager has been found guilty of multiple charges in relation to a collapsed $43 million Ponzi scheme which fleeced hundreds of investors.

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Former Black Cap Broom in new venture

Former Black Cap and Otago cricketer Neil Broom is moving into the housing business. PHOTO:...

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Former Black Cap Broom in new venture

Neil Broom is picking up another piece of wood but it is not a cricket bat.

Top exporters call for all parties to support FTA with India

Christopher Luxon and Narendra Modi during the former's visit to India last year. Photo: The...

Top exporters call for all parties to support FTA with India

Some of New Zealand's top exporters and business associations have signed an open letter calling on all political parties to back New Zealand's free trade agreement with India.

ANZ picks three OCR hikes this year

ANZ picks three OCR hikes this year

ANZ, New Zealand's biggest bank, says it now expects three official cash rate (OCR) increases this year - in July, September and October.

Allen appointed new Fonterra chief executive

Richard Allen has been appointed Fonterra Co-operative Group Ltd's next chief executive officer....

Allen appointed new Fonterra chief executive

Richard Allen has been named as the new Fonterra chief executive officer, succeeding Miles Hurrell.

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Southland roofing firm hits proud milestone

arshall Industries managing director Tom Marshall is at the helm of the business as it marks its...

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Southland roofing firm hits proud milestone

"It's going to be a long time before we get robots putting on a roof."

Farmlands acquires Donaghys Agriculture

Donaghys chief executive Jarred (Jed) Marfell and Farmlands chief executive Tanya Houghton. Photo...

Farmlands acquires Donaghys Agriculture

A business that started as a small rope-works factory in Dunedin in 1876 and grew into farming innovation and manufacturing has been bought by rural supply co-op Farmlands.

Ceasefire unlikely to bring relief to home loan interest rates

More than 240,000 mortgage payments have been missed since April - worth about $2.2 billion....

Ceasefire unlikely to bring relief to home loan interest rates

A ceasefire in Iran is unlikely to bring any relief for home loan borrowers.

Westport factory may be in line for closure

Talley's in Westport. Photo: Google Maps

Westport factory may be in line for closure

Talley's is considering closing its Westport fish processing factory and has started consulting with staff.

OceanaGold to seek fast-track approval

The Macraes gold mine operation will be expanded if fast-track approval is granted; pictured, the...

OceanaGold to seek fast-track approval

Oceanagold is planning to apply for fast-track approval towards the end of the year to expand operations at its Macraes gold mine.

Minister open to 'modifying' fund for regional airlines during fuel crisis

National MP James Meager says the bill will be a welcome relief to many MPs, officials and other...

Minister open to 'modifying' fund for regional airlines during fuel crisis

Associate Transport Minister James Meager hasn't ruled out tweaking the current regional infrastructure package to help struggling airlines through the current fuel crisis.

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Octagon bar fights liquidation over $430k tax bill

The CBK bar-restaurant in the Octagon. PHOTO: GREGOR RICHARDSON

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Octagon bar fights liquidation over $430k tax bill

The company behind Octagon bar-restaurant CBK is facing liquidation but is hoping to come to an agreement to avoid the matter going to court.

KiwiSaver providers hope ceasefire will support investment markets

KiwiSaver providers hope ceasefire will support investment markets

KiwiSaver providers are hoping news of a ceasefire in the Iran conflict may give investment markets more support.

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Big interest in app for parasite management

Vet Ryan Luckman has developed an app to help farmers manage drench resistance effectively...

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Big interest in app for parasite management

Waimate vet Ryan Luckman is not one to shy away from a challenge.

Record number of 'mum and dad' investors looking to sell properties

With the economy facing many weaknesses, including war in the Middle East, it is the mum-and-dad investors shouldering the impact.

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Red-meat tender venture winner of Dragon’s Den

Kōrure founder Ron Park (left) and Meat Industry Association chairman Nathan Guy celebrate his...

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Red-meat tender venture winner of Dragon’s Den

Christchurch food and health-tech entrepreneur Ron Park can thank his grandmother for his latest business venture.

Spotlighting Ranfurly’s couture story

Lohi owners Tania Murray Haigh and Russ Haigh, of Ranfurly, with one of the garments from the...

Spotlighting Ranfurly’s couture story

Tania Murray Haigh still vividly recalls visits to Eden Hore’s property at Naseby when she was about 8.

Seasick VR firm owes half million

The Quest 3 headset boasts the same mixed-reality technology that premiered in Meta's more...

Seasick VR firm owes half million

A Christchurch business developing a virtual reality headset to cure seasickness has gone into liquidation owing creditors more than $513,000.

'Confusing' Easter trading rules need overhaul - EMA

Small grocery shops are one of the few stores that can be exempt to shop shutdowns over Easter ...

'Confusing' Easter trading rules need overhaul - EMA

A business association says Easter Sunday trading rules are confusing and need an overhaul.

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