Latest from Business

Jobs to go at Wet & Forget? New owners undertake consultation process

The iconic Kiwi company was sold in April last year in a reported nine-figure deal.

Microsoft’s NZ data centre operation powers up profits

The threat of a digital services tax has melted away.

'Fit for purpose' – North Harbour Hospital expansion to meet rising demand

Auckland has 10 new private Allevia operating theatres. Now it will get a further seven.

Dairy auction slump deepens as GDT falls for eighth event in a row

Whole milk powder prices are down 23% from their May 7 peak.

On The Up: Kiwi sober drinks brand cracks 350-store Morrisons deal in UK breakthrough

AF Drinks already sells in 41 US states after skipping an Australian launch.

Kiwi authors caught in US$1.5b AI book piracy payout

Thousands of Kiwi books were scraped, but most will get no payout under US rules.

Dairy prices slump for eighth straight GDT event

Supply continues to outweigh demand, with one auction left in the calendar year.

New terrace homes rising on ex-Unitec land at Carrington

G.J. Gardiner has arrived on the site to begin the first 51 of a planned 350-home project.

Market close: NZ sharemarket up despite crypto concerns

The S&P/NZX 50 Index closed at 13,502.77, up 54.28 points or 0.4%.

Black Friday spending down in blow to retail recovery

While many analysts were expecting spending to rise, Kiwis have kept their wallets closed.

Economists pick Reserve Bank will have to cut OCR again

Economists at BMI expect a further 25bps cut in the Official Cash Rate (OCR) in 2026.

Billion-dollar club: Kmart NZ hits sales milestone in 2025 result

The strong result comes as competition in the retail industry is set to increase.

Bum's rush: Ad agency to be scrapped as part of global merger, job cuts pending

The agency responsible for some of our best-known ads will now come under a new name.

‘Deliberately misled clients’: Financial adviser obtained $42k in commission

Junpu Wang denies all allegations.

New RBNZ Governor keen on transparency, cautious on money printing

Will Monetary Policy Committee members start detailing more of their thinking?

'Can't get harder than this' – building boss on $200m+ Skyline Queenstown job

Popular 330-seat restaurant goes to vast 650 seats, viewing deck being expanded by 532%.