Six reasons why one Ponsonby Central restaurant failed
'Business was already financially struggling with high overheads and staffing issues.'
'Business was already financially struggling with high overheads and staffing issues.'
Economists say the banking crisis and lower GDP mean a smaller rate hike.
Ngāti Kahungunu’s fisheries business is shutting down, affecting 33 staff.
The New Zealand Living Wage rate will increase by 9.9 per cent.
Inflation and rising rates causing concern for SMEs.
Aussie retail giants eye expansion in the current downturn.
OPINION: Even a 'soft landing' will see tens of thousands added to the dole queue.
Many staff moved to other industries during pandemic - gig-goers are feeling the pinch.
Cash-strapped Auckland Council has appointed commercial agents.
ANZ Business Outlook still gloomy but signs of improvement on costs emerging.
Feelings about the jobs market remain on the positive side but expectations are subdued.
Survey of Employers and Manufacturers Association members shows hiring still tough.
In six weeks, 872 new units will be finished, boosting non-CBD apartment stock to 21,476.
'Potentially an opportunity to also lease the floors with the existing soft fit-out.'
The AI service ChatGPT hyped by Bill Gates will take up to one-third of white collar jobs by 2030, a global equity analyst warns, plus Fonterra's CEO Miles Hurrell explains how he's going to solve its margin troubles in its New Zealand consumer business. Video / NZ Herald / Getty / NVidia
Calls for higher unemployment and lower wages hurt ordinary people the most.
Sale could net cash-strapped council $36 million or more - property investor.
Why resisting the squeeze caused by higher interest rates will make inflation worse.
It might seem as if retail is raking it in - but inflation is taking a big bite.
As the annual ranking enters a 10th year, why are so few countries becoming 'happier'?
The rising cost of living and the return of inflation is hitting Kiwis hard.
Their families still eat well, despite being strict on the budget.
UBS is buying Credit Suisse in a US$2b deal after a string of US bank failures and in an extended interview the NZ Stock Exchange CEO discusses a lack of IPOs and what sectors the exchange wants more of. Video / NZ Herald
Prices of essential items, including food, have doubled in a year, people dying of hunger.
Economists had expected data for the December quarter to show a sharp contraction.
RBNZ's Adrian Orr said it was time to 'cool the jets'. GDP data suggests we listened.
Economists had expected data for the December quarter to show a sharp contraction.
Under-declaring income via cash jobs a major issue, IRD says.
Deficit was $12.7 billion wider than in the year ended December 31, 2021 (6 per cent GDP).
Office, retail tenants left buildings pre-pandemic but the space is now reoccupied.