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.
Business
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Owner forced to close due to surgery complications
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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
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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
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
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
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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’
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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
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
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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
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
Forecasters suggest fixing home loan rates
Borrowers might want to fix their home loans soon, forecasters warn.
Crowdy with a chance of meatballs
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.
Many Kiwis starting year with financial stress
Many Kiwis starting year with financial stress: survey
Many New Zealanders are starting the year feeling stressed about money despite interest rates having fallen, one bank says.
Fletcher Building to sell construction arm
Fletcher Building to sell construction arm
Fletcher Building has reached a binding agreement to sell its construction division to major international firm Vinci Construction.
Otago just short of ‘aspirational’ rise
Otago just short of ‘aspirational’ rise
Property investors across Otago will be "a wee bit gutted" prices did not quite double over the past decade, a Dunedin landlord says.
Engineering company liquidated, $1.8m owed
Engineering company liquidated, $1.8m owed
A Canterbury civil engineering and construction company is in liquidation owing creditors more than $1.8 million.
Adviser draws on hands-on passion for farming
Adviser draws on hands-on passion for farming
"An experience like no other".
Incomes not keeping up with cost of living - survey
Incomes not keeping up with cost of living - survey
A major union-backed survey shows more workers reporting their incomes are not keeping up with the cost of living.
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Creditors not hopeful as debt reaches $1.8m
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Creditors not hopeful as debt reaches $1.8m
A business owed money by a North Otago organic farm has lost hope of ever being paid as the liquidated company’s debt balloons to more than $1.8 million.