Latest fromEconomy

Royal lifestyle an audacious fraud
Hiding in the laundry chute of his luxury riverside apartment, Hohepa Morehu-Barlow fumed as he watched detectives rummage through his trove of designer belongings.

View of Asia sours in harder times
The Kiwi love affair with Asia may be waning with fewer now thinking Asia is important to New Zealand's future or viewing Asian immigration as positive.

Cuddling resthome worker wins payout
A resthome worker who hid behind a door when discovered with a gardener in a dead resident's studio has been awarded more than $6000 in lost wages.

GPG looks to its options
Guinness Peat Group (GPG), the investment holding company in the final stages of selling all but one of its assets, is considering its options after completing a share buyback yesterday.

Workers in NZ 'optimistic'
When American Johnny Mercer wrote the lyrics "ac-cent-tchu-ate the positive, eliminate the negative" in 1944, it's unlikely he gave any consideration to the sentiment behind his popular song.

Michael Naylor: Farmers need to be able to insure against drought
There is no real risk to insurance companies in this, as it is either passed on to reinsurers, or is covered by weather-linked "catastrophe bonds", writes Michael Naylor.

Aviation chief lives dream
The Hawaiian Airlines president and chief executive's love of aviation developed as a child frequently flying across the Atlantic from the United States to Britain.

IMF cautions against tinkering
The International Monetary Fund counsels against "messing with" the NZ monetary policy framework.

TAB cuts 50 jobs and closes centre
More than 50 long-serving TAB workers look set to lose their jobs as the agency prepares to close its Auckland phone betting centre at Ellerslie.

Paul Glass: More scrutiny will help everyone
Transparency and engagement are important ingredients in building a successful business that serves the needs of all stakeholders, writes Paul Glass.

Inner-city carpark tax plan about fairness, says Dunne
Revenue Minister Peter Dunne says his proposed tax on employer-provided carparks is about fairness and he questions why opponents have only now challenged the plan.

Construction lifts manufacturing index
The most timely gauge of manufacturing is the most positive it has been for a year, as a pick-up in construction boosts upstream suppliers.

Revealed: Solid Energy's $27b plan
Prime Minister John Key this morning released documents detailing Solid Energy's ambitious expansion plans.

Skills shortage puts IT grads in the driver's seat
When it comes to hiring IT staff, there's at least as much pressure on employers to put their best foot forward as there is on job candidates.

Reserve Bank warning shot
Reserve Bank governor Graeme Wheeler delivered a warning to the financial markets yesterday - don't assume interest rates can only go up from here.

Youth flock to apprenticeship bonus
More than 350 young people have signed on as building apprentices since a $2000 bonus became available last Wednesday for the first 10,000 apprentices who sign up.

Prices up, growth slows
New Zealand property prices rose last month but a supply shortage in some regions is starting to takes it toll on overall sales volumes.

Health insurer backs tax cut
New Zealand's largest health insurer is supporting a proposed tax change to make policy cover cheaper.

Energy giant back on PM's agenda
Prime Minister John Key says he will raise the possibility of Brazilian energy company Petrobras returning to New Zealand when he meets the country's President.

Baking summer sparks wine warning
The wine industry risks slipping back into overproduction as one of the driest summers in living memory provides outstanding grape-growing conditions across the country, says an analyst.

Hide: Bravo the real business class
Rodney Hide looks at the left's latest cause for businesses to cough up a "living wage".