Latest from Business around NZ

Prime Minister Christopher Luxon and Finance Minister Nicola Willis on the lower OCR

The Reserve Bank has cut the official cash rate by 25 basis points to 5.25%. It is the first cut since March 2020.

‘Where do you park the car?’ Ikea's surprise after sending staff to check out 500 Kiwi homes

What does the company’s research mean for its Sylvia Park store?

Genesis says demand for new power options exceeds supply

85 megawatts (MW) of Huntly firming options have been secured by a number of participants.

'We grow our people': First round of cadets celebrate graduation from course

The “earn as you learn” approach is empowering Wairoa's rangatahi.

Teen inventor sets up company tackling big pot plant problem

Small Business: The teenage founder of Enivo Pots tackles an unexpected problem.

Taimahi Trust showcasing its model supporting people with disabilities

Taimahi Trust has a produce shop, kitchen and greenhouses, plus big plans for expansion.

Interactive: House prices in Wellington school zones

See how much it costs to rent or buy a house across all the school zones in the city.

Can you still bag a bargain at op shops?

Shoppers have noticed a marked increase in prices at their favourite opportunity stores.

Going to miss the people: Trade Aid Whangārei store to close this month

Trade Aid Whangārei has been around for 37 years. Volunteers reminisce ahead of closure.

Retailers cop ‘aggressive customer behaviour’ during IT outage

Some customers became 'quite agitated' as payment systems went down in the global outage.

$40,000 cocktail party: Council decision to withhold guest list goes to Ombudsman

Internal emails show staff debated releasing names of attendees and funders.

Mayoral candidate threatens to take Tauranga council and marina to High Court

It comes amid a years-long dispute that has already cost ratepayers nearly $70k.

Wellington's Cranfields to stay open after 'overwhelming support'

The owner said she wants to work with a council that isn't 'hostile to business'.

Editorial: The familiar fall of SPQR is a lesson

OPINION: SPQR was felled by forces that seem all too familiar to the hospitality industry.

Thousands sign up for Jobseeker benefit; data points to more job losses

Over 2000 more people went on the Jobseeker benefit in May.

Northport expansion's creation of jobs outweighed by coastal impact

Independent commissioners have declined the resource consents to expand.