Latest from Business

70 jobs lost as Body Shop NZ goes into liquidation, closes final stores

Body Shop NZ had 16 stores across New Zealand.

OpenAI says it raised US$40b at valuation of US$300b

Biggest ever capital raise for a start-up.

Dairy prices up 1.1% in latest GDT auction

The latest dairy auction had mixed results for key products.

Inside Economics: Could Trump tariffs mean lower OCR, plus why house prices are just ‘plodding’

OPINION: Liam Dann takes a deep dive into the week's economic news.

‘All countries’: Trump aides draft tariff plans as some experts warn of economic damage

Proposed tariffs could reach 20%, affecting most imports to the US.

Failed buy-now-pay-later operator Laybuy relaunches under new owner

Laybuy went into receivership last year.

Why more than half of Kiwis regret their career choice

New Zealand workers also expect to delay retirement amid cost of living pressures.

Tower shares dominate trading as NZ sharemarket rebounds

The S&P/NZX 50 Index closed at 12,312.6, up 42.6 points or 0.35%.

Billions sitting idle: Should banks be more proactive to help us earn interest?

A closer look at which banks prompt customers to get more bang for this buck.

Property Insider: Spooked by agency closures; developer retrenching; residents begin Amaia shift

People are alarmed by the JLL closures, asking what that says about the successful agency.

Signs of optimism as number of Kiwis behind on payments falls

Mortgage arrears also appeared to stabilise over the month.

Can the Govt force supermarket duopoly de-merger? Competition lawyer explains

Finance Minister Nicola Willis fired warning shots yesterday at Foodstuffs and Woolworths.

Market close: Good news trumps bad news for Auckland airport

Airport's share prices rises as its weighting on S&P index increases.

'Significant risk': NZME board fires back at Grenon; delays shareholders' meeting

The NZME board raises concerns over governance, independence and editorial control.

Woolworths wins consent for giant $213m land deal in Christchurch

Overseas Investment Office approval comes day after Govt announces supermarket crack-down.

Bank offers retirees loan to buy into village without selling house first

The offer for those waiting for a more favourable housing market comes at a price.