Winstone blames power prices for mill closure
Winstone says its two central North Island mills will close indefinitely.
AdvertisementAdvertise with NZME.
Latest fromBusiness
Major Auckland car dealer in liquidation owes more than $1m
More than 120 creditors are owed money from Auckland Vehicles Limited.
Fake ‘Christopher Luxon cancels your pension’ story sparks alarm among elderly
Funeral scams and increasingly fancy catfish fraudsters cause concern and frustration.
Former IT contractor pleads guilty to paying $4.1 million in kickbacks
A second defendant will go on trial in November.
'Massive blow': Hundreds of jobs lost as Winstone shuts mills
One of the central North Island's biggest employers has made the call to shut two mills.
Major expansion under way for dairy sector sweetheart Tatua
Tatua's cream products expansion is the single biggest project in its 120-year history.
Where is it cheaper to own than rent in NZ?
In areas such as Wairoa, Kawerau, Ruapehu, and Tararua its cheaper to buy than rent.
Meridian says South Island hydro levels now at above-average levels
South Island lakes are looking healthier after sinking to seriously low levels last month.
Turners to buy digital vehicle repair platform My Auto Shop
Car dealer has filled a gap in its vehicular offering.
Sheep farm profitability for next season ‘sobering’ - BLNZ
It looks like another challenging season ahead for NZ's already struggling sheep farmers.
Apple’s launch: iPhone 16, Kiwi accent AI, AirPods that double as hearing aids
Apple launches new iPods, iPhones and other products.
US accuses Google of dominating ad tech market as antitrust trial begins
Financial Times: Latest clash as Google has landmark loss in separate case over search.
'Major deficiencies': Almost half of Hawke's Bay highways get a two-star rating
A State Highway described as a 'goat track' is among the routes needing urgent funding.
Jarden Wealth Weekly: The US election and its impact on the investment landscape
OPINION: The election campaign has already offered up a myriad twists and turns.
Construction sector suspected suicides: 80 died last year, highest on record
Data from Coronial Services dating back to 2007 shows record 2023 suicide numbers.
‘Chrono-working’ tipped to be NZ’s next big employment craze
But are bosses suffering Next Big Thing fatigue?
Property Insider: 'Terrific time to look at NZ' for $1.6b investor
Big investor says New Zealand has compelling opportunities.
The weird truth about work is we actually like it
Financial Times: Do people actually like work a lot more than they think?
Market close: NZ shares edge higher
New Zealand shares bucked the trend across Asia as they edged higher.
Weak China prices boost deflation fears
Financial Times: Concerns grow that deflationary forces are taking root in China.
Just Group fires Smiggle boss over alleged misconduct
The managing director was due to start a new job with a jewellery retailer.
How Donald Trump and Kamala Harris differ on economic policy
Financial Times: Presidential candidates offer sharp contrasts on tax, trade, inflation.
Westpac Australia names its next CEO
Peter King is retiring after a 30-year career with Westpac - five as chief executive.
Tech stocks send NZ Super Fund to record valuation
The fund increased almost 15% in the past financial year.
Opinion: EV company shares have tanked, but will they recharge?
OPINION: Rough ride for EVs is far from over, but eventual dominance is still likely.
Rotorua Canopy Tours on two alternatives to the tourist levy hike
OPINION: Tourism and tourists need to give back.
The company that had its share price jump 900% in a year
How one company achieved the best performance – then lost all its gains.
IRD gives thousands of taxpayers' details to social media platforms for ads
Hashing slammed as a mass 'betrayal' of taxpayers.
Kiwi billionaire backs wealth tax - with a catch
Mainfreight co-founder worries the government may 'squander' the funds.
Markets with Madison: Financial stability
Economic pain has forced the Reserve Bank to cut interest rates and introduce new lending regulations. How worried is the Deputy Governor about our financial system?
Reserve Bank deputy governor says NZ rate hikes had intended effect
Deputy Governor says its plan has largely worked - with some surprises.
Will forestry rob hundreds of Kiwis of jobs? Meat processing sector confronts big livestock dip
One million fewer lambs next spring raises economic red flag in meat-processing industry.
One NZ predicament: Starlink ‘celltower in the sky’ slips
One NZ and Optus are forced to pull back on earlier promises as rivals target Musk's firm.
10 lessons top economists learnt from the Covid years
Liam Dann asks leading economists what they learned from the pandemic.