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Business news
Banks blame red tape for behind the ball on innovation
Reserve Bank says leaving banks to their own devices hasn't worked.
Kiwi workers lose jobs as billion-dollar firm quietly shifts production to US
AG1 was marketed as ‘made in NZ’, but an investigation reveals it’s mostly made in Utah.
'Burning cash' - insider on Mitre 10's 'horrific' software system upgrade
Auditors PwC: Cited disruptions to operations from that IT upgrade.
Richard Prebble: Technology a faster way to solve climate change
OPINION: Two New Zealand companies are already showing the way.
High hopes, no new homes yet: NZ Super Fund, Classic partnership
'No titles have come through yet for build partners to commence the construction.'
Kiwi workers lose jobs as billion-dollar firm quietly shifts production to US
AG1 was marketed as ‘made in NZ’, but an investigation reveals it’s mostly made in Utah.
Latest from The Financial Times
Lex: Walmart’s cheap goods justify its expensive stock
Financial Times: There are merchants, and then there is Walmart.
Ukraine war escalation unsettles markets, European stocks fall
Financial Times: US Treasuries rally as investors sell equities and seek safe assets.
BusinessUpdated
Stealth firing or ethical dismissal? Why employers terminate staff for minor offences
Financial Times: Amazon, Meta among those taking contentious hard line on conduct.
Sustainable business & finance
Simon Watts: Every country has its role to play in climate change battle
COP29 is an opportunity to help steer us toward a more sustainable, low-emissions future.
Sustainable Business and Finance: Time for a frank conversation
Pressure likely to emerge for NZ to up its climate finance contributions.
How climate change is reshaping property insurance
‘Insurance retreat’ could leave thousands of homeowners unprotected.
Markets with Madison
How to save our shrinking stock market
Head of a $51b wealth firm says changes are needed.
Inside Wellington’s nuclear fusion reactor experiment
This start-up is in an effort to achieve abundant energy.
First look: Inside SkyCity’s International Convention Centre
SkyCity's chairman and CEO take us inside the Convention Centre project.
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Best of Premium Business
Du Val downfall: From champagne, private jets to receivership and $250m debt
Now Du Val investors and creditors want their money.
The Lion roars: How a cluster of breweries came to be owned by a Japanese conglomerate
Doug Myers was instrumental in transforming Lion Breweries into an international company.
Cream of the crop: NZ's 10 largest dairy farmers revealed
After a tumultuous decade, some new names have emerged as NZ's biggest dairy farmers.
Business Opinion
Richard Prebble: Technology a faster way to solve climate change
OPINION: Two New Zealand companies are already showing the way.
Ernie Newman: Why NZ's banks resist open banking - a call for change
OPINION: Calls for stricter deadlines to boost competition and benefit consumers.
Latest from BusinessDesk
Partner content
Make sure your valuables are covered
Easy ways to boost your home’s security when moving house.
Why we must not sugar coat diabetes
More than 324,000 Kiwis have diabetes and myths make life tougher.
Protect your home with a simple security tip
Easy ways to boost your home’s security when moving house.
Personal Finance
Banks blame red tape for behind the ball on innovation
Reserve Bank says leaving banks to their own devices hasn't worked.
Diana Clement: Mortgage rates are falling ... but should you lower your repayments?
OPINION: Don't go rushing into grabbing those lower interest rates just yet.
Property
Foreign buyers eye trophy estate, but Aucklanders have the edge
Sprawling Northland property looking for new owner with vision.
‘The worse, the better’: Flippers fighting over undesirable houses
99 bids for two homes in need of work - but agents warns not all flips are money spinners.
'Burning cash' - insider on Mitre 10's 'horrific' software system upgrade
Auditors PwC: Cited disruptions to operations from that IT upgrade.
Latest from Small Business
Revealed: The NZ town with the most business break-ins
The data show Rotorua has the highest proportion of burglaries in New Zealand.
Untapping the potential of Aotea’s native flora
Tama Toki talks to Tom Raynel about Aotea Made and how it's unleashing our native flora.
How companies roll the dice with competitions, big prizes and long odds
Jobs for Mums' game of chance; big prize money, long odds and a little social enterprise.
The Kiwi landscaping business sold to a Japanese billionaire investor
Scott Humphreys started the company with a wheelbarrow and a station wagon.
‘Open for business’: East coast sounds call for tourists this summer
Small businesses across the East Coast say they are ready for a return to the summer boom.
Beyond Soap founder on making sustainability affordable
Charlene Fitisemanu talks to Tom Raynel about her sustainable soap business Beyond.
Technology
'Burning cash' - insider on Mitre 10's 'horrific' software system upgrade
Auditors PwC: Cited disruptions to operations from that IT upgrade.
BusinessUpdated
Watch: Aurora becomes first Kiwi-made aircraft to break the sound barrier
First civilian aircraft to go supersonic since the Concorde.
Bayly appointed lead anti-scam minister, reveals big meet-up
The minister reveals a three-pronged push and is eyeing Aussie mega-fines.
More Business news
Shareholders criticise KMD Brands’ leadership as sales dip
Discontent as KMD's sales for Q1 FY25 were down compared with last year.
'I dropped the ball' - top real estate boss Martin Cooper apologises to disciplinary tribunal
'Accidents happen. Mistakes are made. It was not a conscious decision' - Martin Cooper
BusinessUpdated
Stealth firing or ethical dismissal? Why employers terminate staff for minor offences
Financial Times: Amazon, Meta among those taking contentious hard line on conduct.
Alliance Group plunges further into the red
Farmer-owned processor lost close to $100 million.
Snack giant Arnott's acquires three New Zealand brands
Mother Earth, Flemings and Value Pack (VP) join the almost 160-year-old Australian group.
Nvidia earnings loom, stocks hesitant as traders brace
After post-election 'explosion', caution before major tech firm's results.
Foodstuffs to appeal ComCom merger decision
The merger was denied last month by the Commerce Commission.
Substack’s great, big, messy political experiment
NY Times: Newsletter start-up betting on political content. But profits remain elusive.
Napier Port says earnings rebound will continue in 2025
The port bounces back after Cyclone Gabrielle sabotaged its post-Covid recovery.
Do couples really need a four-bedroom house?
Many people live in houses bigger than they need, report says.
Watercare’s new map shows Auckland connection constraints
Some people without existing consent won’t get a wastewater connection for years.
Landlord paid only $4k after 'intentional and careless' damage
The owner of a 'significantly broken' property is fighting to get money from tenants.
Kazakhstan to check safety of TikTok-famous fruit
Online fruit frenzy: Reports of allergic reactions spark investigation.
Roblox bolsters child safety measures after abuse reports
Popular gaming platform allows users to play, create, and share virtual experiences.
BusinessUpdated
Watch: Aurora becomes first Kiwi-made aircraft to break the sound barrier
First civilian aircraft to go supersonic since the Concorde.
Singapore oil trader sentenced to 17 years for ‘cheating’ HSBC
Financial Times: 82-year-old gets jail term in fight against commodity trading corruption.
Jarden Wealth Weekly: Dissecting the Trump trades
OPINION: Markets can occasionally get ahead of themselves.
City hall 'squeeze' on developers; Winton contractor driving piles; half-year results season - Property Insider
'Developers are a good target for a council under financial pressure.' - Steve Evans
Latest from OneRoof Commercial
Sponsored: Rub shoulders with Sir John Key at Gibbston Valley Resort
Queenstown's latest lifestyle opportunity is proving very popular.
Kiwi bank that starred in World's Fastest Indian fetches $650K at auction
Heritage building had key role in hit film starring Oscar-winner Sir Anthony Hopkins.
Adding value to your property - the easy way
Make your backyard beautiful, adding value with easy updates
More kiwi homeowners turning to solar
Solar energy now an economically viable option with up-take here and overseas increasing.
Ngāi Tahu brings iwi values to industrial development
Poised to deliver its third major industrial development to the market.