Latest from Business around NZ

'We could build light rail for under $1b' - tram specialist

"We can build it for under $34m per kilometre": The Board managing director Kevin Smith.

How one Kiwi company went from LA award-winner to receivership

The once award-winning business owes $7.3 million.

Stride Property forges into funds management

NZX company has $996.1m of properties throughout New Zealand.

Deal said to be 'close' on Ihumātao, Govt to pay $30m+ for land

Rōpū whakahaere to be established via trust or board to administer Ihumātao: 1 News

Waiheke marina opponents lose High Court case

"Hundreds of thousands of dollars were raised in a tiny community to fight this."

NZ's biggest private hospital wins first step in controversial expansion plan

"We have been working on plans to expand Brightside Hospital for several years."

Milford beachfront residents put rocks on the beach to fix seawall

"The current position of the rocks is temporary" - Ruth Jackson

Pass the parcel: New NZ Post 'super depot' creates 350 jobs

New depot planned to open in 2022.

Waiheke Island guests arrive with $80,000 'free' money to spend

Waiheke guests packing $80,000 spending money, but will it be enough for ailing businesses

New Zealand's most expensive apartments sell in Mission Bay

Two luxury pads with sweeping Hauraki Gulf views have sold for $9.6m and $9.5m.

$35m bill to fix apartment block

A court case is under way against the Auckland Council to recover $35m in repairs.

Comment: Never mind reinventing tourism

Comment: Individual operators built a $40b industry and can be trusted to do it again.

How Korean spiritual leader reacted after ministers banned deals

Seung Heun Lee, who has bought multi-million dollar properties, is vowing to continue.

Minister challenged on America's Cup staff entry to NZ

Minister says he has not seen applications from teams.

Waiheke marina case returns to court

New High Court decision expected in a few weeks

Auckland CBD spending meltdown: Fears of widespread retail closures

No tourists, foreign students or events, leaves CBD businesses on the brink.

Loosen up: Level 1 can't come quick enough for bars and eateries

Hospitality popping the champagne for alert level 1, but recovery still a long way off.

US billionaire backs new multi-million NZ project

A 100-seat restaurant and barrel hall part of the big new venture.