Record set in closing auction
Christchurch's Mr Mod is going out on a high note with a pair of 1960s armchairs selling for a world record price at the auction of his large mid-century furniture collection.
Business
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New owner set on keeping Maggies’ ‘soul’
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New owner set on keeping Maggies’ ‘soul’
It was after his first coffee at Maggies a couple of months ago that Boban "Bobby" Sokolov decided he wanted to buy the business.
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The Bog ok to trade despite locking fire doors
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Pub can continue trading despite locking fire doors
A central Dunedin pub which ignored repeated requests to keep fire exits clear has been allowed to continue trading.
Dairy boss blames soaring butter prices on global demand
Dairy boss blames soaring butter prices on global demand
The head of Fonterra says he understands consumers' frustration about the price of butter, but the co-op has to deliver for farmers.
Armchairs fetch world record price
Christchurch dealer's armchairs fetch world record price
Christchurch’s Mr Mod is going out on a high note with a pair of 1960s armchairs selling for a world record price at the auction of his large mid-century furniture collection.
McDonald's approved despite strong opposition
McDonald's approved despite strong opposition
By Jessica Hopkins of RNZ McDonald's has been given permission to open a new restaurant in the Auckland suburb of Ōrākei, despite opposition from the council.
Sick landlord fails in bid to move back into house
Sick landlord fails in bid to move back into house
A landlord who says he's living in a garage has had his attempt to reduce a fixed-term tenancy on his home rejected by the Tenancy Tribunal.
Power prices rising faster than rate of inflation
Power prices rising faster than rate of inflation
Power prices are now rising faster than the rate of inflation, and Powerswitch is worried that the current model is thriving on customer "confusion and inertia".
OCR cut 'very good news': Luxon
OCR cut 'very good news': Luxon
The Reserve Bank has cut the official cash rate by 25 basis points to 3.25 percent, as widely expected, but had a division of opinion whether to hold or cut.
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Creditors owed truckload after only $3.33 recovered
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Creditors owed truckload after only $3.33 recovered
Creditors of Titan Bulk Haulage — one of the companies owned by beleaguered Otago businessman Malcolm Burns — have been left out of pocket by more than $1 million.
Climate resilience high on agenda for agribusiness sector
Climate resilience high on agenda for agribusiness sector
Climate resilience is back on the agenda — literally.
BNZ drops home loan rates ahead of OCR call
BNZ drops home loan rates ahead of OCR call
The BNZ has cut fixed and variable home loan rates ahead of the Reserve Bank's decision on interest rates.
Budget change may cost first home buyers thousands
Budget change may cost first home buyers thousands
First-home buyers accessing the Kainga Ora-administered First Home Loan will pay a higher fee from 1 July.
Smithfield buyer’s identity under wraps — for now
Smithfield buyer’s identity under wraps — for now
The new owner of Alliance Group’s Smithfield meat processing plant site in Timaru could remain unknown for several months until public records go through the Timaru District Council.
Blis Technologies posts after-tax profit increase
Blis Technologies posts after-tax profit increase
Unexpected patent issues have taken up considerable time for Blis Technologies which has welcomed positive full-year financial results.
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Liquidation leaves lenders $70k short
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Liquidation leaves lenders $70k short
A Dunedin children’s clothing business that blamed its liquidation on roadworks and Covid-19 lockdowns has left creditors nearly $70,000 out of pocket.
Retail NZ wants 'urgent meeting' after police shoplifting change
Retail NZ wants 'urgent meeting' after police shoplifting change
Retail NZ is seeking an "urgent meeting" with the Police Minister after a police directive to staff said they would no longer be investigating allegations of shoplifting below $500.
Queenstown snail farm a first
Queenstown snail farm a first
Two French migrants - and one disappointing plate of tinned escargots - are the inspiration behind a new commercial snail farm in Queenstown.
Why might your insurance claim be declined?
Why might your insurance claim be declined?
Insurers can pay billions of claims each year, but many people are still disappointed when they have a claim turned down or receive less than they expected.
Investment Boost should improve business confidence
Investment Boost should improve business confidence
While the government has been focused in recent times on trying to reduce expenditure to balance the books, the announcement of the new Investment Boost in last week’s Budget should help improve business confidence.