Latest from Business

Watchdog prods telcos on coverage maps - and wants exits without penalty

Telcos say it's not clear-cut.

SkyCity in court over '$1 billion or so' of transactions without adequate oversight

Casino failures were severe, but not intentional or deliberate, the court was told.

A Du Val business valued at $431m? Receiver notes no independent valuation

No external valuation to show one entity was worth $431m, according to new PwC report.

Developer Shundi Customs vs builder China Construction in High Court over $300m Seascape

Dispute follows China Construction winning an August 2 tribunal adjudication.

Synlait lifts 2024/25 milk price to $8.60/kg

The dairy and infant formula maker is in the middle of a $217.8m capital raise.

Five things households should know about the first annual grocery report

Shoppers are paying more for less and specials are confusing.

Boating companies in liquidation owing IRD $1.5m in unpaid taxes

The businesses owe unpaid taxes and loans, according to the IRD's statements of claim.

Volvo ditches pledge to sell only electric cars by 2030

Financial Times: Demand for battery-powered vehicles has decreased globally.

Financial services provider who threatened to report clients to Immigration NZ has licence cancelled

'This firm lacked any integrity with its clients," says FMA's Peter Taylor.

Foodstuffs merger in doubt as the commission considers final submissions

Legal expert sceptical that approval will be given as regulator mulls decision.

Grocery Commissioner Pierre van Heerden is working ahead of schedule to drive sector change

The Commerce Commission is planning an inquiry into the Grocery Industry Competition Act. Video | NZHerald

Kester Black investors upset after company put into administration

Once lauded for turning $50 into massive empire, the founder now faces angry investors.

Concern over housing costs hits record high across rich nations

Financial Times: Rising mortgage costs, rents meet building shortage to stoke crisis.

NZ companies warm to climate change reporting

Climate change moving into the mainstream, PwC says.

Petrol savings on the way as global oil price slumps to lowest this year

Brent crude fell 5% overnight to its lowest level since December

New Zealand’s standard of living going backwards - report

S&P says there are a number of risks the country needs to address.