Latest from Business

Tower insurance overcharges 65,000 Kiwis more than $9.5m

Tower says it's making significant progress towards refunding about 65,000 customers.

Synlait delays first-half result, keeps market guessing

Cash-strapped Synlait Milk had delayed the release of its first-half result.

Profit nearly halves at NZ’s largest video game firm

Industry is suffering a post-pandemic hangover - but Path of Exile maker has other issues.

Broadcasting Minister told last week about TVNZ mass job cuts, staff distraught

The state broadcaster may cut its 6pm news from one hour to 30 minutes.

Trev Terry Marine boat business trades on in receivership

Potential buyers are showing interest in Trev Terry Marine

Eke Panuku's Allan Young and developer John Love on the CAB apartment project

Eke Panuku's Allan Young and developer John Love on the $150m CAB apartment project, which owes $3 million to Eke Panuku. Video / Dean Purcell

Corporate welfare? Financial state of Reading International revealed

Multinational cinema operator a long way from giant.

ELE group collapse: Deloitte to sell security company

The sale 'allows for the ongoing employment for staff'.

Editorial: Brace for some serious economic pain ahead

OPINION: Credit and mortgage distress is rising fast as interest rates bite.

The China enigma: NZ commodities face a mixed outlook

NZ's main commodities face uncertainty in their biggest market - China.

‘Done and dusted’: More Kiwis believe housing market downturn is over

Confidence in housing market is on the rise, with expectations interest rates have peaked

TVNZ set to cut dozens of jobs; 6pm bulletin may be cut to 30 minutes

The state broadcaster may cut its 6pm news from one hour to 30 minutes.

Market close: Mercury Energy hits new all-time high as NZ sharemarket stages turnaround

Meanwhile, US tech stocks took a dive.

Former Oranga Tamariki boss tapped to set up new regulation ministry

Controversial former head of Ministry for Children now establishing regulation ministry.

'Heartbreaking': More media strife, sadness as top arts website goes into 'hiatus'

'I feel incredibly sad - it is a massive loss to arts communities.'

BBM creator Dave Letele heading in new direction

Dave Letele launches recruitment agency to hold on to staff.