Latest from Business

Justified? The firm trying to boost its board pay from $500k to $750k

NZ Shareholders Association will vote against the proposal.

Clouds over the recovery of tourism

OPINION: Caution needed when adding extra costs for visitors.

Market close: NZ stocks surge on new optimism

NZ sharemarket bursts through the 12,000 points mark for the first time in three months.

'The task ahead is complicated': Synlait lives to see another day – what next?

Minority shareholders voted in favour of a loan to Synlait Milk at a special meeting.

BNZ resolves issue that caused app outage

BNZ apologises for inconvenience caused to customers.

Foodstuffs North Island reports first loss in a decade

Merger costs of $7.1m help Foodstuffs North Island to a modest loss.

Why Air NZ is doubling down on Dreamliners despite Boeing woes

Airline says planes have been a game-changer for the last 10 years.

Major bank drops mortgage rates, term deposits

The first bank moves to drop home loan rates after the Reserve Bank signals 'dovish' tone.

Will the RBNZ's dovish pivot see mortgage and deposit rates start falling soon?

Financial markets believe OCR could be cut as early as next month.

Dr Matthew Birchall: A smarter way forward for New Zealand’s roads

OPINION: The current system is no longer fit for purpose.

OCR, migration, or benefits: Which is the biggest concern for our economy?

A series of stats out this week have collectively painted a bleak picture of the economy.

Novelist Emily Perkins on why ‘we’re always drawn to stories about the unhappy rich’

Lioness author talks to Liam Dann about money art and the economics of writing.

NZ house building costs drop for first time in 12 years: 'eased the pressure'

Decline followed a huge surge in building consents as well as a post-pandemic rush.

Market close: Investors respond positively to Reserve Bank's OCR message

The S&P/NZX 50 Index turned around after the OCR was left on hold at 5.5%.

Liam Dann: Reserve Bank’s tone on rate cuts softens as downturn deepens

The OCR stays on hold but the RBNZ statement hints at an earlier start for rate cuts.

French beauty retailer Sephora to close Queen St store

Sephora opened its flagship Queen St store back in 2019.