Marbecks closes Queen St store after more than 90 years
Marbecks closes Queen St store after more than 90 years
The owner of Marbecks Records says closing its physical store on Auckland's Queen St after more than 90 years is a sign of the times.
Business
Golden visas: 5.5% of Queenstown properties fit $5m threshold
Golden visas: 5.5% of Queenstown properties fit $5m threshold
Houses in Queenstown, Lake Hayes and Auckland suburbs Devonport and Remuera, as well as large plots of Central Otago land are among the properties foreign buyers might be able to buy under new rules.
More plans for $200m equestrian centre revealed
More plans for $200m Canterbury equestrian centre revealed
The opening date for an estimated $200m Canterbury equine stud and equestrian training centre has been pushed back until late 2027.
Luxon re-announces $7.5b Amazon deal from 2021
Luxon re-announces $7.5b Amazon deal from 2021
Prime Minister Christopher Luxon says Amazon Web Services is spending $7.5 billion on storage and data centres - a move announced by the company four years ago.
Major rise in company liquidations
Major rise in company liquidations
Company liquidations have increased significantly, despite positive lending trends and eased interest rates.
Dunedin Smiths City store closes as company put in voluntary administration
Dunedin Smiths City store closes as company put in voluntary administration
Dunedin's Smiths City store has been "temporarily closed" for business this morning as the beleaguered retailer enters voluntary administration.
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Dealership moves to Mosgiel after ‘too good an offer to turn down’
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Dealership moves to Mosgiel after ‘too good an offer to turn down’
A family-owned used car dealership has made the "huge" move from Dunedin to Mosgiel after spending more than 40 years in the city.
Jetstar fined over $2m for misleading customers
Jetstar fined over $2m for misleading customers
Jetstar has been fined $2.25 million over misleading customers about what compensation they were entitled to after cancelled or delayed flights.
Benefits of employee wellbeing key to startup
Benefits of employee wellbeing key to startup
Business editor Sally Rae talks to former professional rugby player Craig Hudson about why he's involved with Dunedin-based startup Givenwell.
Most Trump tariffs illegal, US court rules
Most Trump tariffs illegal, US court rules
The tariffs have given the Trump administration leverage to extract economic concessions from trading partners but also increased volatility in financial markets.
Reserve Bank chair resigns with immediate effect
Reserve Bank chair resigns with immediate effect
Reserve Bank chair Neil Quigley has resigned with "immediate effect" after months of scrutiny of his handling of Adrian Orr's resignation as Governor.
'A lot of pain': More than 2500 hospo businesses gone
'A lot of pain': More than 2500 hospo businesses gone
It seems barely a week goes by where there isn't a high-profile hospitality business closing in New Zealand.
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Couple ditch Sydney to open hotel in Dunedin
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Couple ditch Sydney to open hotel in Dunedin
It has all the trappings of reality show Escape to the Country — except this particular couple escaped their country.
Airfares expected to increase after Air NZ profit falls
Airfares expected to increase after Air NZ profit falls
Passengers should expect airfares to increase by 5% soon to meet increasing costs, says outgoing Air New Zealand chief executive Greg Foran.
Who could be new supermarket competitor?
Who could be new supermarket competitor?
Who could our new supermarket player be? Experts say there are a few potential options.
Stuff staff to strike outside newsrooms
Stuff staff to strike outside newsrooms
E tū members at media company Stuff are going on strike on Thursday afternoon.
Supermarket plan does not go far enough: Green MPs
Supermarket plan does not go far enough: Green MPs
Opposition parties say the government's plan to drive down supermarket prices does not go far enough, but have varying solutions of their own.
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'I spent my childhood in a sex shop'
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Dunedin's family-owned sex shop closes doors
A Dunedin man who grew up in his family’s sex shop is preparing to say goodbye to one of the country’s oldest adult stores.
Wellington brew bar closing, blames cost-of-living crisis
Wellington brew bar closing, blames cost-of-living crisis
Wellington central city brew bar Fortune Favours is closing due to the cost-of-living crisis, its owners say.
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Students working to mitigate period pain
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Students working to mitigate period pain
Three enterprising Otago Girls High School students have developed a drink concentrate to provide natural relief from period-related inflammation.