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ANZ NZ profit down 15pc to $789m

Higher expenses and a squeeze on its margins hit ANZ NZ's cash profit.

Grant Baker: Me Today out to surpass Trilogy

Sistema founder Brendan Lindsay also has a stake.

Property lifeline: More than 100,000 Kiwis taking mortgage relief

New data shows more than 100,000 households are seeking mortgage relief from their bank.

Investore builds war chest with $100m capital raising

The commercial landlord is eyeing up potential acquisitions.

Saving Burger King: Receivers progress deal to keep fast-food chain afloat

Landlords taking haircut as receivers nut out a deal.

NZ's largest fuel seller considers wage subsidy

Firm would easily have qualified for the subsidy.

NZ shares dip as investors eye $100m Investore offer

New Zealand shares fell as investors cashed in on yesterday's strong rally.

Farmers plans to cut staff pay by up to 40%

Farmers will continue to reduce wages as long as the store cannot open its doors.

Warehouse staff asked to take pay cut as pressure mounts

NZX-listed retailer is proposing mass pay cuts.

Wellington City Council pledges support to airport

Wellington City pledges to take part in bailout of airport similar to Air NZ deal.

Fonterra boss says earnings, debt reduction on track

Co-op's foodservice business was the stand-out performer, especially in China.

Some banks increasing branch opening hours under alert level 3

Some banks are increasing branch hours while others are making no change under level 3.

NZ shares fall as investors wait for economy to reopen

Air New Zealand led the market lower.

Auckland Airport proposes job cuts

Airport proposal could lower headcount by almost 70 as it prepares for fewer flights.

Liquidator wants $12.5m from Corrections NZ

Court examinations could reveal more about termination - liquidator

Summerset chair: CEO share sale by the book

Summerset chairman says CEO's partial share sale nothing to get excited about.