Major rise in company liquidations
Major rise in company liquidations
Company liquidations have increased significantly, despite positive lending trends and eased interest rates.
Business
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.
New option for businesses sending parcels to US
New option for businesses sending parcels to US
NZ Post services to the United States will resume for businesses due to a new commercial sending option - but other customers will need to wait.
Cruise industry jumps ship on NZ
Cruise industry jumps ship on NZ
Red tape, high costs and tough rules have cruise companies turning their backs on New Zealand, and our cruise industry on the brink of sinking.
Turbulent times for Air NZ
Turbulent times for Air NZ
Air New Zealand's profit has fallen, as soft demand and continuing engine maintenance and plane supply problems weigh on earnings.
New visa for business investors will help those selling
New visa for business investors will help those selling
Baby boomers struggling to sell up their small businesses have got a surprise boost after the government announced a new visa for migrants who might want to buy them out.