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Pipeline work halted after sacred site protest
New Zealand

Pipeline work halted after sacred site protest

31 Aug 02:19 AM

The council says it needs more direct discussion with iwi and mana whenua.

Wellington cafe suffers ‘worst sales day ever’ as job cuts bite
Banking and finance

Wellington cafe suffers ‘worst sales day ever’ as job cuts bite

31 Aug 12:11 AM

Cafe owners say crunch worse than during Covid and making a profit is 'near impossible'.

Premium
Sotheby’s earnings plunge as art market catches a chill
Economy

Sotheby’s earnings plunge as art market catches a chill

30 Aug 10:11 PM

Financial Times: Arch-rival Christie’s also suffering from slowdown in auctions.

Premium
Bremworth carpet maker to reinstate part of cyclone-hit Napier plant
New Zealand

Bremworth carpet maker to reinstate part of cyclone-hit Napier plant

30 Aug 06:00 PM

'We are at the moment hand-picking parts of the factory to reinstate.'

Premium
Bruce Cotterill: Luxon’s tough talk to councils — no more magic money tree
Opinion

Bruce Cotterill: Luxon’s tough talk to councils — no more magic money tree

30 Aug 05:00 PM

OPINION: PM tells councils to focus on basics, not 'laundry list of distractions'.

Premium
Mary Holm: Hanging on for the share market ride
Opinion

Mary Holm: Hanging on for the share market ride

30 Aug 05:00 PM

OPINION: Why it's not a good idea to flick in and out of shares.

Premium
Energy crisis: What will it take to fix the system?
Energy

Energy crisis: What will it take to fix the system?

30 Aug 05:00 PM

What this month's power price spike says about NZ's electricity sector.

Premium
'Challenging': TVNZ posts $85m loss, seeks new ways to meet $30m cost gap
Media Insider

'Challenging': TVNZ posts $85m loss, seeks new ways to meet $30m cost gap

30 Aug 08:07 AM

Broadcaster offers a glimmer of hope in its 2025 market outlook.

Beam e-scooters to be taken off Wellington streets
Freight and logistics

Beam e-scooters to be taken off Wellington streets

30 Aug 07:19 AM

Wellington council has temporarily kicked e-scooter company Beam off the city's streets.

Premium
Market close: Fletcher leads NZX50 higher as it dodges product recall
Markets

Market close: Fletcher leads NZX50 higher as it dodges product recall

30 Aug 06:51 AM

It was an upbeat end to the week for the NZ sharemarket.

Premium
Silicon Valley’s elite rattled by prospect of tax on unrealised gains
Banking and finance

Silicon Valley’s elite rattled by prospect of tax on unrealised gains

30 Aug 05:03 AM

Financial Times: The proposal faces long odds but alarms the ultra-wealthy nevertheless.

Premium
Home-building trend remains soft, new house consents fall 22%
Construction

Home-building trend remains soft, new house consents fall 22%

30 Aug 03:35 AM

High interest rates and increased costs drive softness in the new home consent data.

Exploding liability: Fletcher paying $168m for Perth pipe disaster
Analysis

Exploding liability: Fletcher paying $168m for Perth pipe disaster

30 Aug 02:05 AM

Iplex will pay 80%, Western Australian Government to pay 20% to help homeowner victims.

Are we at 'peak bad' for the economy?
Inflation

Are we at 'peak bad' for the economy?

30 Aug 01:44 AM

Confidence is important - but a real recovery will need more, economist says.

Premium
ELE collapse: Deloitte repaying staff $4.1m owed, BNZ gets full amount
Banking and finance

ELE collapse: Deloitte repaying staff $4.1m owed, BNZ gets full amount

30 Aug 12:24 AM

Receivers have collected about 85% of the total amount owed by debtors.

UK workers to gain right to a four-day work week
World

UK workers to gain right to a four-day work week

30 Aug 12:09 AM

The Conservatives warned this approach could leave businesses 'petrified'.

Premium
Australia’s top banker defends lifting bonus caps
Banking and finance

Australia’s top banker defends lifting bonus caps

29 Aug 11:36 PM

Financial Times: CEO says competition in mortgage market trumps regulators’ concerns.

Recession ‘very nasty’, but consumer confidence climbing, ANZ says
Business

Recession ‘very nasty’, but consumer confidence climbing, ANZ says

29 Aug 10:32 PM

Consumer confidence still well below average, but rising from pits of despair, bank says.

'Hold them captive': Kiwi billionaire boss wants to ban staff leaving for coffee
Employment

'Hold them captive': Kiwi billionaire boss wants to ban staff leaving for coffee

29 Aug 10:29 PM

'We can’t have people working three days a week and picking up five days a week pay.'

Fletcher Building poised for announcement on leaky pipes
Construction

Fletcher Building poised for announcement on leaky pipes

29 Aug 09:00 PM

After complaints about pipes in Australia, company has been in mediation.

Premium
‘Obscenely greedy’ oil executives handed Swiss jail terms for role in fraud
Banking and finance

‘Obscenely greedy’ oil executives handed Swiss jail terms for role in fraud

29 Aug 08:13 PM

Financial Times: ‘World’s biggest ever kleptocracy case’ involves former oil chief.

Markets with Madison: Air New Zealand
Business

Markets with Madison: Air New Zealand

The airline’s annual net profit fell 65%. The CEO Greg Foran explains how the economy and engine issues are impacting its earnings. Video / Alyse Wright

All the headwinds impacting Air New Zealand’s profitability
Markets with Madison

All the headwinds impacting Air New Zealand’s profitability

29 Aug 07:00 PM

What Greg Foran thinks of the economy, inflation and engine issues.

'An added expense': 12 more buildings deemed earthquake-prone around Napier
New Zealand

'An added expense': 12 more buildings deemed earthquake-prone around Napier

29 Aug 06:00 PM

“It’s just one of those things we have to do and we will do it as time and cash permits."

Premium
'A cause for soul-searching': RNZ CEO on ratings plummet; Top TV host's new plans
Media Insider

'A cause for soul-searching': RNZ CEO on ratings plummet; Top TV host's new plans

29 Aug 05:33 PM

MediaWorks and auditors part ways; Newsreader's autocue breakdown; Rod Vaughan tribute.

Premium
Editorial: Airline performance spotlight should be just the start for passengers
Editorial

Editorial: Airline performance spotlight should be just the start for passengers

29 Aug 05:00 PM

OPINION: Australia has introduced a new passenger rights scheme, NZ continues to lag.

Premium
Stock Takes: Aussies snap up $2b stake in NZ power line company
Energy

Stock Takes: Aussies snap up $2b stake in NZ power line company

29 Aug 05:00 PM

Australia’s second-largest pension fund will take up majority ownership of Powerco.

Premium
Matthew Hooton: New infrastructure plan needs Labour’s support
Opinion

Matthew Hooton: New infrastructure plan needs Labour’s support

29 Aug 05:00 PM

OPINION: Bishop’s plan will require National and Labour to compromise with each other.

Premium
Govt plans public-private partnerships reboot
Infrastructure report

Govt plans public-private partnerships reboot

29 Aug 06:22 AM

Act MP Simon Court is looking at how the PPP framework can be improved.

Premium
Market close: NZ shares join global selloff; kiwi rallies against US
Shares

Market close: NZ shares join global selloff; kiwi rallies against US

29 Aug 06:12 AM

More weak earnings added to the sombre mood.

Westpac cuts home loan rates as highly competitive market continues
Banking and finance

Westpac cuts home loan rates as highly competitive market continues

29 Aug 04:44 AM

Westpac now has the lowest advertised two-year rate among the five major banks.

Premium
'True maestro': Top TV reporter once punched by Sir Bob Jones has died
Media Insider

'True maestro': Top TV reporter once punched by Sir Bob Jones has died

29 Aug 02:48 AM

Rod Vaughan has been described as 'the epitome of journalistic excellence'.

Premium
Building Nations 2024: Users to pay for new roads, upgrades
Tax

Building Nations 2024: Users to pay for new roads, upgrades

29 Aug 02:11 AM

Drivers can expect to see more tolls and road-user charges, says Transport Minister.

Business confidence soars to highest in a decade – ANZ
Banking and finance

Business confidence soars to highest in a decade – ANZ

29 Aug 01:56 AM

ANZ chief economist: 'Things are looking up, albeit from a pretty dark place.'

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