Latest from Economy

Adoptive mum's battle for parental leave

A woman who adopted a child has won the right to paid parental leave, after being told by the Ministry of Business, Innovation and Employment that she wasn't eligible.

Stocktakes: PowerbyProxi IPO plans pulled?

Wireless charging technology maker PowerbyProxi has shelved its plans to list on the NZX this year, according to a market source.

Wait-and-see hold on rate rises

The Reserve Bank raised its official cash rate to 3.5pc yesterday, but said it would now remain on hold for "a period of assessment".

Brian Fallow: Poverty Street not a lifetime address

Is poverty for life? A Treasury report suggests not, writes Brian Fallow. Only 24 per cent of those at the bottom decile in 2002 were there seven years later.

Barry Ritholtz: Inflation truthers trip up over a math problem

The key difference between the truthers of 2010s and those of the 2000s is what each group has criticised and toward what purpose.

Hotel didn't pay worker for six months

A hotel that reportedly didn't pay one of its workers for nearly six months, underpaid her husband, and withheld wages from both, has to pay the couple nearly $80,000.

Shadow board backs OCR rise - just

NZIER's monetary policy shadow board thinks the Reserve Bank should raise the official cash rate to 3.5 per cent tomorrow, but it is a line ball call.

Firms miss out by ignoring mums

Firms are missing out if they overlook mums wanting to return to work, according to new research.

Abbott surplus at risk in Aust budget impasse

Prime Minister Tony Abbott's bid to put Australia back on a path to surplus is under threat from senators opposing A$40 billion ($37.6 billion) in savings.

Opinion: Stick to script, say nothing

Dita De Boni writes: "No matter what the issue, McCully's modus operandi is to issue a press release so insipid it makes the phone directory look like top-shelf literature."

AMP tips dollar to drop

AMP Capital New Zealand, which manages more than $18 billion of assets, is betting the kiwi dollar will fall as economic growth passes its peak.

Vista's float price low, but 'not a steal'

The final pricing for Vista Group's sharemarket float is towards the lower end of the indicative range.

Fonterra hails end of EU quotas

Big changes lie ahead for the international dairy trade when the European Union (EU) dismantles its 30-year-old quota system next year.

Sunglass work ban rejected by Court

A permanent ban against a former shareholder of a budget sunglasses distributor from working in a similar New Zealand business is void, according to a High Court judge.

100 years of measuring prices

Prices in New Zealand have shot up by 7500 per cent during the past century - but milk, cheese and eggs are relatively cheaper than in 1914.

OCR tipped to rise next week

Economists still expect the Reserve Bank to raise its official cash rate to 3.5 per cent next week.

Lester Binns: You can thrive in smaller centres

House sales, prices, fall in June

House sales fell in June from a year earlier, led by properties of $400k or less, indicating the LVR restrictions are curbing demand at the cheaper end of the market.