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Company ordered to make $2m payment

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Company ordered to make $2m payment

A farming company, overseen by a man who has business ventures across multiple sectors, all around the world, has been ordered to make a $2 million-plus payment after a stock food deal went sour.

Record number of power company complaints in past year

Transpower issued a warning notice on Friday morning saying there was a risk of insufficient...

Record number of power company complaints in past year

Complaints made to Utilities Disputes about New Zealand's power companies have increased by 500% in the past five years and were up by another 62% in the last year.

Affordability improving for Kiwi renters

A report by the Child Poverty Action Group has found rental properties in Gore are 19% less...

Affordability improving for Kiwi renters

Renters in New Zealand are set to face easier times than those across the Tasman, a new rental report suggests.

Liquidators closer to sorting out Twizel subdivision wrangle

A view of the Merino Downs development on the outskirts of Twizel. PHOTO: SUPPLIED

Liquidators closer to sorting out Twizel subdivision wrangle

Liquidators are closer to sorting out a residential subdivision in Twizel after legal action brought on by a wealthy United States entrepreneur.

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Bringing up 65 years at ‘more than a place of work’

Val Braumann has worked continuously at Dunedin-founded stockbroking and financial advisory firm...

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Bringing up 65 years at ‘more than a place of work’

Val Braumann says ‘‘tired’’ is not in her vocabulary.

Trade tariff uncertainty continues

Beef + Lamb NZ chairwoman Kate Ackland talks trade with Trade Minister Todd McClay. PHOTOS: TIM...

Trade tariff uncertainty continues

The Trump administration’s proposed 12.5% trade tariff based on forced labour concerns has baffled farmers just relieved beef remains exempt.

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Award-winning Dunedin restaurant closes

Dunedin restaurateurs Kim Underwood and Sam Gasson pictured in 2017 at the site of what would...

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Dunedin restaurant closes amid 'impossible' economic conditions

The closure of an award-winning Dunedin restaurant with eight years of skin in the game comes as established operators are finding economic conditions ‘‘impossible’’, a fellow business owner says.

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Upper level of Meridian Mall now full

One of several mock bedrooms featuring toys from decades past as part of the new Memory Lane...

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Upper level of Meridian Mall now full

Three new businesses will join a dedicated toy museum as the latest additions to the now fully stocked upper level at Dunedin’s Meridian Mall.

Queenstown's prime CBD store on the market

Tiki Corner, fronting Shotover, Rees and Beach Sts, is being sold. PHOTO: SUPPLIED

Queenstown's prime CBD store on the market

Queenstown CBD’s strongest retail location hits the market today.

1 million international passenger mark

1 million international passenger mark

Queenstown Airport was expected to welcome its one-millionth international passenger for the 2026 financial year (FY26) yesterday — the first time that milestone has been been reached.

NZ facing hefty tariff from US

US President Donald Trump last week announced hefty tariffs for many countries in his plan to ...

NZ facing hefty tariff from US

Kiwi exports to the US already face a 10% charge but more could be coming after a surprise announcement.

Southern people pay bills on time

Centrix chief operating officer Monika Lacey. PHOTO: ODT FILES

Southern people pay bills on time

Many South Island areas have fewer people falling behind in their household bills than the national average.

Credit card changes to tackle fraud

Between now and 2030, Mastercard plans to produce physical cards without a 16-digit number to...

Credit card changes to tackle fraud

Numberless cards and one-time use card numbers are part of changes Mastercard is planning to help tackle fraud.

Lyttelton Port expands

Lyttelton Port expands

More storage space is being opened up to meet growing demand at Lyttelton Port’s container terminal.

Diesel stocks fall sharply but govt reserves on way

Diesel stocks fall sharply but govt reserves on way

NZ's diesel supply has fallen by almost four days, but the country's first strategic reserve shipment is now en route and is not yet reflected in the official figures.

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Fuel price drops coming: AA

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Fuel price drops coming: AA

Lower fuel prices likely dipping below $3 a litre are around the corner as long as Middle East tensions avoid another major flare-up.

BP customers didn't get discounts, watchdog alleges

Customers said they bought fuel at a number of BP Connect stations and scanned their Everyday...

BP customers didn't get discounts, watchdog alleges

The Commerce Commission taking fuel company BP to court, alleging it failed to give customers discounts they were entitled to.

People with $1m mortgage balloons

The number of people with a mortgage larger than $1 million has increased 15% year-on-year. Photo...

People with $1m mortgage balloons

More than 130,000 people now have a mortgage over $1 million, according to the latest figures on the country's debt.

Heartland Bank to buy TSB in $620 million deal

Heartland Bank to buy TSB in $620 million deal

Heartland Bank and TSB intend to merge and create a New Zealand bank large enough to compete with the big banks in the regions.

Biggest KiwiSaver managers among worst performers

Biggest KiwiSaver managers among worst performers

Bigger is not always better when it comes to KiwiSaver returns, Morningstar data shows.

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