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Business

Stuff offices in Auckland.

Eight editorial jobs proposed to go from news website Stuff

Members of Stuff Digital's live news and commissioning teams were called into meetings today regarding the proposed changes.

Business

5:01pm

Entrust chair Denise Lee. File photo.

Vector's majority shareholder says electricity market 'failing consumers'

Entrust chair Denise Lee says the current system isn't delievering reliability or affordability.

Business

1:48pm

Members of the New World Clubcard programme received an email late on Friday warning that scammers had attempted to gain access to accounts by trying commonly used passwords.

'Farewell': Foodstuffs confirms end date for old Clubcard programme

The move will close a chapter at New World, Pak'nSave and Four Square stores.

Business

10:40am

1:30

The Grand hotel.

SkyCity reaches conditional deal to sell hotel to overseas buyer

The financial terms of the deal remained confidential at this stage.

Business

9:50am

1:30

Aerial view of Bandar Abbas major Iranian Persian Gulf port city with several harbors and ship traffic, Strait of Hormuz, Iran.

New threat by Yemen's Houthis could widen Iran war

The threat to close vital shipping chokepoint Bab el-Mandeb Strait could discourage ships from using the route, further disrupting global oil supplies and international trade.

Business

7:26am

1:30

Stuff offices in Auckland.

Eight editorial jobs proposed to go from news website Stuff

Members of Stuff Digital's live news and commissioning teams were called into meetings today regarding the proposed changes.

Business

5:01pm

Entrust chair Denise Lee. File photo.

Vector's majority shareholder says electricity market 'failing consumers'

Entrust chair Denise Lee says the current system isn't delievering reliability or affordability.

Business

1:48pm

Members of the New World Clubcard programme received an email late on Friday warning that scammers had attempted to gain access to accounts by trying commonly used passwords.

'Farewell': Foodstuffs confirms end date for old Clubcard programme

The move will close a chapter at New World, Pak'nSave and Four Square stores.

Business

10:40am

1:30

The Grand hotel.

SkyCity reaches conditional deal to sell hotel to overseas buyer

The financial terms of the deal remained confidential at this stage.

Business

9:50am

1:30

Aerial view of Bandar Abbas major Iranian Persian Gulf port city with several harbors and ship traffic, Strait of Hormuz, Iran.

New threat by Yemen's Houthis could widen Iran war

The threat to close vital shipping chokepoint Bab el-Mandeb Strait could discourage ships from using the route, further disrupting global oil supplies and international trade.

Business

7:26am

1:30

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 The closure of the Marton-based, Malteurop-owned mill will leave locals without work and key breweries looking for a new malt supplier. (Source: Adele Rycroft / Manawatū Standard)

'Another employer lost': Marton malt mill set to shut

Rangitīkei mayor Andy Watson says Marton Maltings' impending closure would leave families without the stable employment the industry had once offered.

Business

Tuesday 6:10pm

Flash needed emergency surgery and had large bone splinters removed from his intestine.

Bunnings removes pet treat from sale after dog needed emergency surgery

Kat Thomas wanted the product removed from sale, although the retailer said the natural bone products can splinter and come with safety warnings.

Business

Tuesday 6:10pm

The festival is set to have its last show at the Waiohika Estate venue in Gisborne later this year.

'Deeply grateful': Rhythm and Vines announces final Gisborne festival

The festival said it will be relocating to a new, undisclosed location in 2027.

Business

Tuesday 4:49pm

Analysis: Five takeaways from today's 4.1% inflation figure

Analysis: Five takeaways from today's 4.1% inflation figure

Inflation has hit a two-year high, confirming that when oil prices surge globally, it hits New Zealand hard.

Business

Tuesday 3:35pm

Petrol was up 27.5% year-on-year, which contributed 23.5% to the inflation rise.

Inflation hits 4.1%, highest in over two years

The rise is driven by the spike in fuel prices caused by the conflict in the Middle East.

Business

Tuesday 10:54am

 President Donald Trump speaks during an event to announce new tariffs in the Rose Garden at the White House, on April 2, 2025, in Washington.

Trump imposes 50% tariffs on Canadian goods

The White House said in a fact sheet that the tariffs would go into effect in 30 days and cover "products ranging from wine to hockey sticks to cement".

Business

Tuesday 10:07am

 The AliExpress logo on a computer, on 20 July, 2026 in Madrid, Spain.

EU hits AliExpress with a record fine over unsafe and counterfeit goods

The online retailer was slapped with a €550 million fine for failing to adequately crack down on the sale of unsafe and counterfeit products on its site.

Business

Tuesday 8:20am

Dave Letele in 2022. (file image).

Dave Letele announces he is leaving NZ Muscle

The former boxer and social activist took over the embattled brand last week.

Business

Mon, Jul 20

Golden Bay Cement's Portland plant near Whangārei.

Govt grants Golden Bay Cement up to $60m to keep Northland plant running

The deal, announced by Fletcher Building today, is intended to provide certainty for the continued operation of the Portland plant near Whangārei.

Business

Mon, Jul 20

The Datagrid project promises to bring new jobs, with efficient technologies to combat concerns around water and electricity use. Some locals aren't so sure.

Locals question $3bn AI data centre being built in their backyard

Residents of a small Southland town are banding together to ask questions about a new US$3 billion AI data centre being built in their backyard.

Business

Sun, Jul 19

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More trains and buses are running tonight to cope with the extra demand.

'Net benefit': Auckland prepares for three sports events in one night

More trains and buses are running tonight to cope with the extra demand.

Business

Sat, Jul 18

It's not how much KiwiSaver is worth now, but what it's worth at retirement.

Can KiwiSaver members handle a long investment downturn?

A longer downturn may prompt some customers to reassess their investments, experts say.

Business

Sat, Jul 18

Zip Co NZ Finance Limited said in an email to customers that it would be ceasing to provide the Zip Pay in 4 product.

Buy now, pay later provider Zip withdraws from NZ market

Zip said in an email to customers that it would be ceasing to provide its Pay in 4 product, which offered short-term payment plans at point of purchase.

Business

Fri, Jul 17

99 Albert Street is located across from major train stations and SkyCity facilities.

SkyCity sells office tower, three other properties for $74.5 million

Mainland Capital and Russell Property Group have confirmed the purchases of 99 Albert Street and 62-68 Victoria Street West today in a joint statement which described the locations as being vital for urban activity.

Business

Fri, Jul 17

ACT leader David Seymour.

Seymour pitches NZ as global testing ground for new technology

The ACT leader wants to make it easier for companies to trial technologies such as driverless cars, agricultural drones and AI by suspending regulations.

Business

Thu, Jul 16

Elon Musk attends the finals for the NCAA wrestling championship, March 22, 2025, in Philadelphia. (file image)

NZ investors losing money in near US$1 trillion SpaceX price slump

The drop has cut the company's value by nearly US$1 trillion, and cost founder Elon Musk his US trillionaire status.

Business

Thu, Jul 16

 Visa logo is displayed on a credit card.

June retail spending 'not the boost' businesses hoped for

Retail spending dropped in June when compared with the month prior, according to new numbers from Stats NZ.

Business

Wed, Jul 15

The house price index was down 0.8%.

Two biggest cities buck 'settled' housing market trend

The national median sale price for houses in June was $770,000, up 0.7% compared to last year but down 1.3% from the month before.

Business

Wed, Jul 15

A Tauranga motor vehicle trader agreed to buy back a car sold by his own company after being convicted of tampering with its odometer in the first successful prosecution of its kind.

Dealer agrees to buy back car after odometer tampering conviction

The MBIE prosecution marked the first successful case against odometer fraud, with dealer ordered to pay reparation and company fined $5000.

Business

Wed, Jul 15

A Hawaiian Airlines Airbus A330 departs Los Angeles International Airport en route to Honolulu on January 27, 2026 in Los Angeles, California.

Hawaiian Airlines cuts its New Zealand seasonal service

The airline said the three-times weekly Auckland-Honolulu service, which has operated in New Zealand's summer since the pandemic, will not resume in November this year.

Business

Wed, Jul 15

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