Business

Top-performing KiwiSaver fund revealed

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Top-performing KiwiSaver fund revealed

Warnings of impending share market doom didn't play out in 2025, and the year ended with solid returns for KiwiSaver investors - and some change at the top of the performance tables.

Royal surprise for local loom business

The Princess of Wales photographed last week using an Ashford eight-shaft loom in Scotland. PHOTO...

Royal surprise for Canterbury loom business

A Canterbury business was royally delighted to watch a video of Princess Kate weaving on one of its looms take off on social media.

Rival parties join forces to get slavery bill heard

Camilla Belich and Greg Fleming. Photo: RNZ

Rival parties join forces to get slavery bill heard

A new process to skip the lottery of the 'biscuit tin' is being used for the first time because coalition partner ACT refused to support a government bill.

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Third generation painter joins the family business

Three generations of Sims family members at Sims & Blue Ltd are (from left) uncle Glenn Sims,...

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Third generation painter joins the family business

Some people get plastered on the weekends, but Matthew Sims spends all week doing it — and sometimes he gets quite a bit of paint on him as well.

'No splashing the cash' on Budget Day

Finance Minister Nicola Willis. Photo: RNZ

'No splashing the cash' on Budget Day

Finance Minister Nicola Willis has announced when she will deliver this year's Budget.

OCR increase could be considered in May: economist

Inflation data for the December quarter came in stronger than expected. Photo: RNZ

OCR increase could be considered in May: economist

It is possible that the official cash rate could be up for discussion as early as May, one forecaster says.

Air NZ flight attendants plan three-day strike

A long range Boeing Dreamliner 787-9. Photo: Supplied

Air NZ flight attendants plan three-day strike

A union says problems with Air New Z's planes and services are creating extra headaches for staff at 38,000 feet.

KiwiSaver hardship withdrawals surge in 2025

KiwiSaver hardship withdrawals surge in 2025

Thousands more withdrawals were made from KiwiSaver for hardship reasons last year than in 2024, and providers say there's no sign of the rate slowing.

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Owner forced to close due to surgery complications

Infinite Clothing co-owner Rose Fisk says her nearly 15-year career as a second-hand clothing...

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Owner forced to close due to surgery complications

Health complications and surgery wait times have forced the owner of a Dunedin second-hand clothing store to give up her dream job.

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Student bar’s compliance woes: Bog licensed until October despite two incidents

The Bog Irish Bar on the corner of London and George Sts has had its liquor licence renewed until...

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Student bar’s compliance woes: Bog licensed until October despite two incidents

A central Dunedin pub with a history of locking fire exits has been granted another reprieve after police were abused by patrons during a drunken 21st.

Changing when we use power could save billions: report

Spreading the power load could help to defer or avoid increasing demand capacity. Photo: Getty...

Changing when we use power could save billions: report

A quarter of NZ's peak electricity use could be shifted to times of lower demand, lowering household bills and saving up to $3b in infrastructure investment, a new report says.

Job market improving, bodes well for employment: BNZ

T1st Call Recruitment is seeing more of a downturn in the job market now than during the global...

Job market improving, bodes well for employment: BNZ

The jobs market is showing early signs of improvement, according to BNZ, which it said should lead to lower unemployment by the middle of the year.

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Coach to tackle cafe ownership

Settling in as the new owners of St Clair’s Starfish Cafe are (from left) Sarah and Riki Flutey...

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Coach to tackle cafe ownership

With a resume that includes coaching for the Highlanders and Black Ferns, Riki Flutey expects his sporting expertise will come in handy manning the helm of a Dunedin cafe.

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Builder had to ‘learn place pretty quickly’

Cook Brothers Construction site manager Stephen Jory has knocked up 50 years in the construction...

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Builder had to ‘learn place pretty quickly’

Not surprisingly, Stephen Jory has forgotten the number of times he has smashed his thumb with a hammer on a building site over the past 50 years.

First stage of major expansion complete

Barker’s chief executive Agnes Baekelandt expects the new factory near Geraldine will help...

First stage of major expansion complete

South Canterbury company Barker’s has completed its new jam, juice and sauce factory near Geraldine in the first stage of a nearly $60 million expansion project.

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Work begins on new town housing project

Construction of foundations have begun on the former Bayfield Bowling Club site, where 18 new...

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Work begins on new town housing project

Another town housing project is about to spring up in Dunedin — this time on the former Bayfield Bowling Club site in Bayfield Rd.

Inflation rises above Reserve Bank's target rate

The IMF says New Zealand's economy is going through a necessary slowdown caused by the Reserve...

Inflation rises above Reserve Bank's target rate

Inflation has edged higher on the back of higher fuel, travel, and telecommunication costs backing the view the Reserve Bank will hold interest rates steady for the medium term at least.

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.

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