Leading Headlines

Brownlee's 'stupid error'

Prime Minister John Key says he was "really disappointed" after Gerry Brownlee bypassed airport security this morning, but he has been quick to back him.

Dollar dives after rate hike

The Reserve Bank governor Graeme Wheeler has raised the official cash rate as expected - leading the kiwi dollar to instantly take a tumble.

Fall in reading standards

The number of young school children achieving or bettering the national standard in reading has fallen or flat-lined in half of the country's regions.

National

Business

NZ posts eighth monthly trade surplus

New Zealand posted its eighth monthly trade surplus in June, led by overseas demand for the nation's primary products such as milk powder, frozen beef and kiwifruit. The…

Moa completes $500k placement

Moa Group, the unprofitable boutique beer maker, raised $500,000 from five institutional investors and plans to raise up to $5.25 million in a discounted rights issue…

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