The Dick Smith name may live on - after an Australian e-commerce entrepreneur announced last night he'd bought up the collapsed retailer's intellectual property.

House prices and turnover rose in February from a year earlier as Auckland's cooling property market stoked interest across the rest of the country.

Migrants are taking advantage of a Government policy to entice new arrivals to the Bay of Plenty region.

Media boss will be replaced by the company's chief financial officer, Michael Boggs.

The value of building consents last month rose to a record-breaking $66 million - but the mountain of construction work means many builders are booked out for the whole year.

Kiwi Airlines has announced its plans to raise up to $2 million to purchase a second aircraft.

One Te Puke farmer told the Bay of Plenty Times he had to slice $72,000 off his budget.