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Market close: NZ stocks end weaker in muted reaction to GDP

NZ stocks ended with a soft tone, despite a very strong first quarter GDP result.

Acclaimed film director James Cameron laments NZ's worker shortage

The filmmaker was unable to expand his vegetable growing business due to staff shortages.

ASB to repay customers $9m after consumer watchdog warning

The issue affects 48,000 borrowers over an 11-year period.

Liam Dann: Did we just have a recession? Here comes the big reveal

New GDP data is due this morning. Liam Dann looks at what we should make of it.

Market close: NZ power generators, Chorus, drive sharemarket lower

Weakness in the Kiwi power companies drove the sharemarket lower.

More property lending restrictions on the way

But it will go through a public consultation before any restrictions come in.

US seeks to fine Air Canada US$25.5m over slow refunds

The US Transportation Department accuses Air Canada of extreme delays in giving refunds.

Emirates Air posts US$5.5B loss as pandemic thumps travel business

The airline has been thumped by Covid-19.

Rocket Lab wins Mars contract

The firm now has three interplanetary missions in its pipeline.

Wellington city struggles with 138% construction workforce shortfall

Doubt is being thrown over the deliverability of big construction projects in the capital.

Christopher Niesche: Billionaire Kerry Stokes soon to notch up another big win

The dyslexic boy from the slums of Melbourne outsmarts business rivals to build a fortune.

Cheque mate: Death of chequebooks a blow to elderly

At 91, Ian Nelson, for the first time in his life, feels redundant.

Out of Workers: The tech sector's new pain-point

Tech leaders say the problem is costing billions - and offer solutions.

Rocket Lab to consider paying back $2.85m wage subsidy

If the wage subsidy conditions were not met, Rocket Lab says it will repay the subsidy.

Judge rules against third CBL accused's continued anonymity

Businessman fears he would die from a stroke if his name was published in SFO case.

TVNZ's big expensive upgrade: Here's what will change

The evolution of TV isn't slowing down for anyone - least of all a legacy broadcaster.

Market close: NZ shares end the week strongly

Two familiar names pushed the New Zealand sharemarket to a strong close for the week.

New fares slash $330 off Cook Islands flights

The low cost carrier's fares are well below Air NZ but it hasn't got the green light yet.