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Business

Ātihau-Whanganui Incorporation chairman Shar Amner reported a $9.7 million profit, 25% debt reduction and a doubled dividend to shareholders. (Source: Supplied / Liz Brooker)

Māori-owned farm holding returns to profit as new governors join board

The Ātihau-Whanganui Incorporation farming operation has more than 9000 shareholders and 42,000 hectares of ancestral land under management from Ohakune to Whanganui.

Te Ao Māori

36 mins ago

Finance Minister Nicola Willis (file image).

Govt pushes out surplus expectations again

New forecasts from the Treasury reveal a surplus is now not expected until 2030 – when the books will be in the black by $2.3 billion.

Business

1:10pm

For the year to November, Inland Revenue (IRD) applied to wind up just under 900 companies. (File image).

Inland Revenue liquidates nearly 900 companies in one year

The tax department made applications to wind up more than 120 business in November alone.

Business

9:53am

1:29

People attend Splore in 2024.

Splore's 2026 edition to be the last

The owner of the music and arts festival said ticket sales for next-year's edition had been "lower than hoped".

Business

8:41am

1:29

Finance Minister Nicola Willis

Govt to open its books today – what to expect from Nicola Willis

Nicola Willis' performance as Finance Minister is under scrutiny as expectations grow for an economic recovery.

Business

6:00am

1:29

Ātihau-Whanganui Incorporation chairman Shar Amner reported a $9.7 million profit, 25% debt reduction and a doubled dividend to shareholders. (Source: Supplied / Liz Brooker)

Māori-owned farm holding returns to profit as new governors join board

The Ātihau-Whanganui Incorporation farming operation has more than 9000 shareholders and 42,000 hectares of ancestral land under management from Ohakune to Whanganui.

Te Ao Māori

36 mins ago

Finance Minister Nicola Willis (file image).

Govt pushes out surplus expectations again

New forecasts from the Treasury reveal a surplus is now not expected until 2030 – when the books will be in the black by $2.3 billion.

Business

1:10pm

For the year to November, Inland Revenue (IRD) applied to wind up just under 900 companies. (File image).

Inland Revenue liquidates nearly 900 companies in one year

The tax department made applications to wind up more than 120 business in November alone.

Business

9:53am

1:29

People attend Splore in 2024.

Splore's 2026 edition to be the last

The owner of the music and arts festival said ticket sales for next-year's edition had been "lower than hoped".

Business

8:41am

1:29

Finance Minister Nicola Willis

Govt to open its books today – what to expect from Nicola Willis

Nicola Willis' performance as Finance Minister is under scrutiny as expectations grow for an economic recovery.

Business

6:00am

1:29

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File picture.

Why charity donation requests at the checkout can backfire

New research finds how customers feel about being asked to donate at the checkout.

Life

6:00am

1:29

Breman takes up the position amid concerns that rising mortgage rates could have an impact on the NZ economy. 

Exclusive: RBNZ boss – mortgage rate hikes 'risk dampening NZ economy'

Dr Anna Breman spoke exclusively to 1News in her first one-on-one interview since she took the reins of the Reserve Bank of New Zealand.

Business

Monday 6:27pm

2:37

NZ's largest bank increases multiple home loan rates

NZ's largest bank increases multiple home loan rates

Both ANZ and Westpac have hiked mortgage rates in recent weeks.

Business

Monday 5:15pm

ASB Bank (file image).

ASB admits liability for anti-money laundering failures, faces fine

The bank and regulator have jointly recommended a $6.73 million penalty.

Business

Monday 11:34am

1:30

A woman watches stock charts.

Should you sell your US shares?

Some are warning that an AI fall could bring a share price collapse to tech stocks.

Business

Sun, Dec 14

Rising home loan rates blamed on 'another misstep from Reserve Bank'

Rising home loan rates blamed on 'another misstep from Reserve Bank'

Kiwibank has released its outlook for 2026, noting that the Reserve Bank is currently "at the centre of some confusion".

Business

Sun, Dec 14

Ange Siew outside Sri Pinang on Auckland’s Karangahape Road.

Beloved Auckland Malaysian restaurant to close its doors

Owner Ange Siew has decided to shut down rather than sell the Auckland restaurant Sri Pinang to maintain the reputation of her "baby".

Business

Sat, Dec 13

Trader William Lawrence works on the floor of the New York Stock Exchange, Thursday, Dec. 11, 2025.

Tumbling tech stocks drag Wall Street to its worst day in 3 weeks

The S&P 500 fell 1.1% from its all-time high for its worst day in three weeks.

Business

Sat, Dec 13

Te Rūnanga o Ngāi Tahu Kaiwhakahaere Justin Tipa and Milford Sound Tourism chief executive Haylee Preston.

Ngāi Tahu to take 33% stake in Milford Sound Tourism

Ngāi Tahu Holdings and several Papatipu Rūnaka are set to take a 33% stake in the company that owns and operates Milford Sound's key infrastructure and visitor services.

Te Ao Māori

Fri, Dec 12

Retail NZ chief executive Carolyn Young said this was "positive news and signs of green shoots across the broader sector".

Retail sector signals positive end to difficult trading year

"November really is the launch pad for the busy Christmas sales, so this increase sets up retail for a positive end to a really difficult trading year," Carolyn Young said.

Business

Fri, Dec 12

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The adult minimum wage will move to $23.95 an hour - a 2% increase on the current rate of $23.50 an hour.

Minimum wage to increase 2% from April 1

The Minister for Workplace Relations and Safety is required by law to review the minimum wages annually to take effect April 1 each year.

Business

Fri, Dec 12

2:37

ChatGPT app icon is seen on a smartphone screen in Chicago.

Open AI, Microsoft sued over ChatGPT's alleged role in murder-suicide

A lawsuit alleges OpenAI "designed and distributed a defective product that validated a user’s paranoid delusions about his own mother".

Business

Fri, Dec 12

1:30

Barriers surround the front of Avi’s Pies and Patisserie which the owner says has severely impacted business.

Businesses on busy road suffer as shops barricaded by roadworks

Shop owners in Grey Lynn say they have been struggling to stay afloat since a year-long roadwork project began in January.

Business

Fri, Dec 12

1:30

Inland Revenue said in 2020, as part of its business transformation project, student loan accounts were moved into a new system.

Borrowers get refunds in $15m student loan error

A systems error affected more than 150,000 student loan borrowers.

Business

Fri, Dec 12

1:30

The small item that's raced to the top of the IKEA sales charts

The small item that's raced to the top of the IKEA sales charts

IKEA’s long-awaited arrival in New Zealand has been a retail frenzy, with 142,000 people visiting the Sylvia Park store in its first week.

Business

Fri, Dec 12

1:30

Lotto's "A Promise is a Promise" ad received 48 initial complaints.

Revealed: The most complained about New Zealand TV ads for 2025

From burnouts to bare bottoms, Kiwis had a gutful of a few well-known businesses on their screens.

Business

Thu, Dec 11

A Jetstar plane (file image).

Jetstar ordered to stop using 'non-compliant' scales at Wellington Airport

MBIE found two portable baggage scales used by Jetstar at Wellington Airport to be non-compliant as they were not level when tested, and did not meet approval conditions.

Business

Thu, Dec 11

"My message to New Zealanders is shop around. Westpac have made that choice. Other banks have not," Willis said.

Nicola Willis urges mortgage holders to 'shop around'

The finance minister says people should investigate which bank could offer them the best deal after Westpac increased its fixed-term home loan rates.

Business

Thu, Dec 11

This time the issue was with the way that NZ Super was recorded for ACC purposes.

7000 pensioners overcharged in another Inland Revenue error

"This really starts to suggest a deficiency in change control of IRD systems."

Business

Thu, Dec 11

Rotorua Night Market Matariki celebrations.

Rotorua Night Market returns to city centre, ending 'foolish' trial

Rotorua’s Night Market will return to the inner city after Rotorua Lakes Council voted to end a trial move to Kuirau Park, two months after it began.

Business

Wed, Dec 10

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