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Economy

Despite steady growth in customer numbers, Xero's share price has seen a steady decline since it was knocked off its peak of A$196.52 in late June 2025.

What's going on with Xero's share price?

The cloud accounting software company's share price has steadily declined since from its peak in June 2025.

Business

11:23am

1:31

A food delivery driver.

Food delivery app drivers say $6 jobs no longer uncommon

DoorDash and Uber Eats said average on-trip earnings for drivers exceeded minimum wage, but drivers have argued the figures fail to account for unpaid waiting time and other hidden costs.

Business

Sunday 6:46pm

2:26

Steven Piukala has been part of New Zealand's RSE (Recognised Seasonal Workers) scheme for four years.

Seasonal work in NZ helping Tongans build businesses back home

Steven Piukala spent four years in NZ's Recognised Seasonal Workers (RSE) scheme, using the income he earned to start several small businesses.

Business

Sunday 6:36pm

2:43

Auckland and Tauranga have seen the highest housing market drops.

Property market's 'longest and deepest downturn' in 30-40 years

New Zealand's housing market is going through the longest and deepest downturn in 30 or 40 years, property data firm Cotality says.

New Zealand

Sat, Aug 1

Tom, Ike, and Cosmo Conway with their mother Kate Sylvester.

NZ fashion brand Sylvester announces plan to close

"The hard reality is that the economic climate is so much tougher than we anticipated".

Business

Wed, Jul 29

Despite steady growth in customer numbers, Xero's share price has seen a steady decline since it was knocked off its peak of A$196.52 in late June 2025.

What's going on with Xero's share price?

The cloud accounting software company's share price has steadily declined since from its peak in June 2025.

Business

11:23am

1:31

A food delivery driver.

Food delivery app drivers say $6 jobs no longer uncommon

DoorDash and Uber Eats said average on-trip earnings for drivers exceeded minimum wage, but drivers have argued the figures fail to account for unpaid waiting time and other hidden costs.

Business

Sunday 6:46pm

2:26

Steven Piukala has been part of New Zealand's RSE (Recognised Seasonal Workers) scheme for four years.

Seasonal work in NZ helping Tongans build businesses back home

Steven Piukala spent four years in NZ's Recognised Seasonal Workers (RSE) scheme, using the income he earned to start several small businesses.

Business

Sunday 6:36pm

2:43

Auckland and Tauranga have seen the highest housing market drops.

Property market's 'longest and deepest downturn' in 30-40 years

New Zealand's housing market is going through the longest and deepest downturn in 30 or 40 years, property data firm Cotality says.

New Zealand

Sat, Aug 1

Tom, Ike, and Cosmo Conway with their mother Kate Sylvester.

NZ fashion brand Sylvester announces plan to close

"The hard reality is that the economic climate is so much tougher than we anticipated".

Business

Wed, Jul 29

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Burger Burger Limited and Burger Burger IP Limited were both placed into liquidation on 24 July.Photo credit:

Burger Burger goes into liquidation

The gourmet burger chain's director says spending in restaurants had dropped "through the floor".

Business

Tue, Jul 28

On the left, Shein's Easowa Women's Red And White Plaid Cotton Peplum Tank Top, and on the right Ruby's Margie Tie Back Top in Red Gingham.

Kiwi designers face-off with Aliexpress, Shein copies

New Zealand clothing brands say they've had a gutsful of offshore fast fashion giants using their images and ripping off designs.

Business

Tue, Jul 28

The price for a barrel of Brent crude oil to be delivered in September dropped 4.9% to US$92.02 (NZ$158) shortly after trading resumed.

Oil prices ease after US and Iran pause their attacks

Oil prices have fallen from recent highs, but ongoing Middle East tensions are keeping markets on edge and raising fears of higher fuel costs.

Business

Mon, Jul 27

Tottenham Hotspur attacker Mikey Moore.

'Never thought I'd see Spurs': Tottenham fans make Eden Park home turf

A wave of white shirts and navy scarves descended on Eden Park as more than 40,000 fans turned out for the biggest men's football crowd in New Zealand history.

Football

Sun, Jul 26

When times are tough, the tough get strategic.

How to stay employed and earn more money when jobs are scarce and pay rates low

Now is not the time for cruise control at work, including when it comes to pay negotiations.

Life

Sun, Jul 26

New Zealand streets didn't used to look like this.

Does NZ have too many new townhouses – and are they crashing the market?

They seem to be everywhere, but do Kiwis need all these townhouses? And are they lowering the value of the homes that belong to the rest of us?

Life

Sat, Jul 25

Westpac chief economist Kelly Eckhold said based on global oil prices this week, pump prices in New Zealand for 91 petrol would be back at levels last seen in May.

Oil price shock for New Zealand far from over – Westpac economist

Westpac chief economist Kelly Eckhold said the crisis was far from done as the price of Brent crude oil hit a six-week high yesterday.

Business

Fri, Jul 24

President Trump has made multiple threats to Iran, saying he will destroy the country.

'Not credible': US hits New Zealand with higher 12.5% tariff

Trade Minister Todd McClay has rejected the US's stated reason for the tariff, saying it has "nothing to do with forced labour".

New Zealand

Fri, Jul 24

Secretary of State Marco Rubio listens during a press conference on the sidelines of the Association of Southeast Asian Nations (ASEAN) Foreign Ministers' Meeting.

US expected to sign nuclear deal with Saudi Arabia

The US is expected to sign an agreement with Saudi Arabia that could potentially provide the kingdom with uranium enrichment capability for its civilian nuclear program.

Business

Thu, Jul 23

Rhythm and Vines confirms the festival's next home will remain in the North Island and include camping. 

R&V boss drops clues about festival's new home after Gisborne exit

Rhythm and Vines' chief executive explained why organisers decided to leave Gisborne after 24 years.

New Zealand

Wed, Jul 22

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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

Tue, Jul 21

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

Tue, Jul 21

 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

Tue, Jul 21

 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

Tue, Jul 21

Cost of living (file image).

Inflation expected to hit a two-year high

Economists are expecting the annual rate to touch at least 4% in the 12 months ended June from 3.1% in the March quarter.

New Zealand

Mon, Jul 20

The country is well placed to recover from the impacts of the Iran War, says the International Monetary Fund. 

Is New Zealand's economic recovery coming at last?

New Zealand's economy could be on track for its long-awaited recovery - if fuel prices can stay lower, Infometrics says.

New Zealand

Sun, Jul 19

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

Lucy Bendell in her new home.

How I bought my first home at 23

Opinion: Many young people no longer even consider owning a home, but Lucy Bendell explains how it can be done.

New Zealand

Sat, Jul 18

Journalist Greg Bruce was made redundant one year ago. (Composite image: Vania Chandrawidjaja)

My job lost its soul, then I lost my job: how it feels to be redundant at 49

OPINION: Working in an industry that reduced humans to numbers on a spreadsheet was depressing – but losing that work was alarming.

Life

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

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