Latest from Business

Financial services firm deVere New Zealand censured for breaching licence obligations

The firm's conduct fell well short of expected standards, says financial watchdog.

Young workers living with parents should contribute financially, adviser says

More young people are staying at home until they are in their twenties.

Tesla exceeds expectations as its EV sales start to rebound

The company released an update on its second-quarter sales.

Ex-TV3 boss Mark Weldon on clashing with his newsroom – and Jacinda Ardern

6pm TV news ad battle; Meta AI says Meta should pay for news; NZME confirms regional cuts.

June new vehicle sales the worst in a decade, possible relief on the way

Utes a rare strong point in sixth straight month of falling sales.

Google emissions jump nearly 50% over five years as AI use surges

Financial Times: Energy-thirsty AI threatens tech giant’s ambition of reaching ‘net zero’.

GDT takes a 6.9% plunge

Nearly all prices took a nosedive in the latest Global Dairy Trade auction.

Apple exporter challenges Luxon to make Japan trip bear fruit

Exporter wants Japanese regulator to relax costly biosecurity rules.

Norway blocks sale of last private property on Arctic archipelago

Financial Times: It's cold. It's remote. But Norway says 'no way' to selling it.

Gloomy business survey sparks rate cut hopes

Latest Quarterly Survey of Business Opinion shows a downbeat outlook across all sectors.

New building consents take a tumble

New dwelling consents well down biggest cities from a year before.

Finance Minister unreceptive to calls for new finance monitoring unit

New Zealand warned it's not immune from the risk that Budgets start lacking credibility.

Bank's warning to NZ farmers – don't get complacent on emissions

Rabobank says NZ agriculture should not 'coast' on greenhouse gas emissions.

Cartel ran 'virtually uninterrupted' for nearly 20 years

Cleaner did a dirty deal, prices dropped by up to 30% after cartel arrangement broke down.

House prices must fall 'a further 16%' to become affordable

Affordability a buzzword but it's rare to hear politicians say they want a drop in prices.

‘Let’s not go overboard’ on worries about AI energy use, Bill Gates says

FT: Tech leader says power-hungry AI systems are spurring a boom in clean energy.