Latest fromEconomy

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

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.

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.

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

Farm profit expected to fall 54pc
Sheep and beef farmers may be in for a tough time with profits predicted to halve this season as the full impact of lower lamb prices and widespread drought starts to hit home.

Governor opts for decision by committee at Reserve Bank
The Reserve Bank is taking a more collegial approach to decision-making, with governor Graeme Wheeler announcing a governing committee.

Minister vows to smash Auckland city limits
New Housing Minister Nick Smith is vowing to break the "stranglehold" of Auckland Council's policy of containing urban sprawl .

Tax ruling alarming - expert
International investors could be scared off by a Court of Appeal decision yesterday, say tax specialists.

IRD's 'slam-dunk' win in big tax case
An appeal in a landmark tax avoidance case has been thrown out this morning in what one commentator called a "complete slam dunk" for Inland Revenue.

Sacked teen's $12 tip earns $13k
An 18-year-old bar worker sacked for taking $12 of unclaimed pokie machine winnings as a tip has been awarded more than $13,000 compensation for being unfairly dismissed.

Wayne Cartwright: Asset sale is 'strategic blunder'
The Government has grossly underestimated the value of hydro-energy assets to New Zealand citizens, writes Wayne Cartwright.

Asset boost turns Auckland loss into big profit
New Zealand's largest territorial authority has dramatically reversed its financial position, turning an $88 million loss into a $478 million profit.

$1b drought hit tipped for economy
Drought is likely to shave 0.5 per cent off gross domestic product by the end of the year and take a toll on next year's output as well, says ANZ bank.

Liam Dann: Mighty River float a tricky one
The debate about the financial merits of assets sales is a good one, and based purely on the numbers the benefits are marginal, writes Liam Dann.

Hamish McRae: EU-US trade deal creeping on to agenda
Talks between the EU and the US on a free trade deal, joining the world's two largest trading blocs, are scheduled to start in the summer.

Sensible steps to modern day career
The job climate is highly unpredictable, and there are huge issues regarding youth unemployment yet to be addressed. For students or new graduates, there is a strategic approach for all these aspects.