Latest from Business

Courier companies settle cartel conduct proceedings with ComCom

Aramex and GoSweetSpot agreed to resolve separate proceedings after civil action taken.

Reserve Bank to ease mortgage lending restrictions

Finance Minister Nicola Willis says the move will help first-home buyers.

Hobson Green rising

Housing estate built at Hobsonville, Auckland in 2021. Video posted to Facebook by surveying, architecture, design, structural engineering, & project management firm Hampton Jones

Rockit apple grower enters voluntary administration

Chair Tony Hawken said low returns and high costs forced the administration.

Development boss speaks out on $20m+ Auckland property failure

'We are not like others who simply walk away. We are doing everything we can.'

'Households aren’t rushing to the checkout yet': Retail spending dips 0.5% in September as growth streak ends

Hospitality was the only sector to see growth, rising 1.5% in September.

Creators of Badjelly put subsidiary animation studio into liquidation, $1.7m tax debt revealed

The animators received more than $5.9m in Government funding from NZ on Air.

‘Large-scale shift’: Scott wins biggest US appliance deal in its history

The deals mark Scott’s largest-ever appliance contract in the US.

Mortgage rate cuts ease financial pressure on home owners, more ahead on loans

Banking data show decline in hardships and mortgage arrears.

$20m+ collapse: Six companies in liquidation, creditors named

It is too soon to say if any money will be available to pay debts.

Malabar Gold & Diamonds opens first NZ store, plans $75m expansion

The $75m expansion will add outlets in Wellington, Hamilton and Christchurch.

Migration slump deepens as record numbers of Kiwis head overseas

Annual net migration has fallen again as fewer migrants arrived in the year to August.

NZ shares dip as Trump tariff threats rattle world markets

The S&P/NZX50 slipped 0.9% to 13,341 after last week’s record high.

Tourism numbers up in August, airline group says NZ close to pre-pandemic peaks

Australian tourists drove a surge in winter visitor numbers.

'Huge relief’: Farmers back Govt's new methane goals, no emissions tax

The new target lowers methane cuts to 14–24% below 2017 levels by 2050.

Fletcher Building targets further $100m savings in big cuts

'Further declines in trading volumes and ongoing pressure on margins' - Andrew Reding.