Latest from Business

Housing market spluttering back to life after sleepy January

Housing market shows some promise but has much work to do after sluggish summer.

The cost of an EV will plunge sooner than predicted - but there’s a catch

Electric vehicle sales have levelled off lately after a surge in 2023.

Travel boom: Kiwis take overseas holidays in record numbers

Inbound tourism running at around 80 per cent of pre-Covid levels.

Migration records continue to tumble, with more arrivals... and NZ departures

New figures show the immigration boom showed few signs of abating in January.

$6m missing: Liquidators reveal suspicious transactions at failed Auckland crypto firm

The Serious Fraud Office is investigating.

TikTok: US House passes a bill that could lead to a ban if Chinese owner refuses to sell

TikTok has more than 150 million American users.

US held secret talks with Iran over Red Sea attacks

Financial Times: Indirect negotiations in Oman aimed to end Houthi strikes.

Sky-high Air New Zealand domestic fares slammed

Airports say airline exploiting dominance, as war over charges heats up.

Government bails out Ruapehu Alpine Lifts again to tune of $7m

But it has said the $7 million will be the last financial support from taxpayers.

International education sector continues slow road to recovery

Education agents are returning to NZ for the first time since Covid-19 struck.

Startup promises cheaper funding option for small businesses

Funding provides options previously restricted to big firms.

Former Napier mortgage broker sentenced for falsifying loan applications

Natalie Ann Carter applied for seven loans totaling nearly $3 million.

Bank profits may have plateaued as operating expenses rise

While banks had a good year in 2023, the sector's growth may have plateaued.

Fruit and vege prices plummet 9 per cent in past year ... but price of eating out soars

New inflation data shows price rises are easing.

'Horror, sadness at level of destruction' as pollution, earthworks mar coastal cycleway

The site had asbestos, tyres, plastics, metal, brick, crushed concrete and other rubbish.

Allbirds reports wider loss, names new CEO

The maker of eco-friendly shoes, incorporating NZ merino wool, will close 10 to 15 stores.

Vietnam passionfruit project gets $6.2m from Govt

Project part of long-term development cooperation to support Vietnam’s agriculture sector.

Record sales for debt-defying Briscoes

How did Briscoes outmanoeuvre the retail downturn?