Latest from Business

Construction sector loses 16,000 jobs in two years

New report says the sector employed 310,000 people in 2024 but that has fallen to 294,000.

Levelling the field: Measures promise more choices in electricity market

The Electricity Authority plans three interventions to boost competition in the market.

Foodstuffs New World Point Chevalier supermarket has opened

The New World Point Chevalier supermarket has opened three weeks early, after the fire at the Victoria Park location. Video / Michael Craig

Fraudster used false identities to try to steal $220,000

Bank account details were doctored in Caitlin Briar Ashby's bid to steal.

Mercury's profit plunges to $1m amid tough power conditions

Tough power generating conditions hit Mercury's earnings in the June year.

'I had lost both my business and my mates': Witness tears up at Zuru nappy trial over soured friendship

Former friend of Nick Mowbray tells of relationship meltdown and alleged strong-arming.

Property Insider: Bird's eye-view of burned New World Victoria Park – first drone footage shows demolition starting

The massive job of demolishing large parts of building has begun; reopening not 'til '27.

Higher taxes, deeper spending cuts: What's coming as NZ's economy suffers from long Covid

Some tough political choices will need to be made.

New retirement village hospital, rest home to open at Clevedon village

Premium care suites are for sale at the new building from $295,000 to $580,000.

Mark Stewart launches $56.4m bid for Comvita

Comvita's board supports the $56.4m takeover offer from Florenz.

'Appalling': Qantas fined $99m for mass worker sackings during Covid

The Australian airline unlawfully sacked 1820 ground staff during the pandemic.

'We're losing money on butter products': Grocery boss responds to rising dairy prices

The Foodstuffs CEO pushed back at the Finance Minister's threat of structural separation.

A2 lifts earnings, announces Mataura Valley Milk sale, Pōkeno purchase

A2 Milk has lifted its annual net profit and announced a big sale and acquisition.

'Toxic economic & political cocktail' - Robertson on cost of living; opens up on clash with Orr

The former Finance Minister reflects on political and personal relationships in new book.

'You can’t claim the pool guy': tax deductibility explained

Navigating the tax deductibility minefield.

Interest rate cut a shoo-in, but how much lower will the OCR go?

Economists are divided over the inflation outlook.