Latest from Business around NZ

Stanley Group liquidators suing directors after $17.9m failure

Directors understood to have engaged counsel, strenuous defence expected.

Owners of 40-level Auckland apartment block sue for $140m

Fire, structural, weathertightness and internal moisture defects are alleged.

Tenants from hell: Landlord wins big payout over meth use, trail of destruction

There was damage to every area of the rented premises apart from the laundry.

Bilbo-naire Sir Peter Jackson joins ranks of world's wealthiest

Lord of the Rings director became a billionaire in November.

Fixing $750m convention centre - the next steps after the fire

Three years after the massive fire, work is about to start rebuilding the roof.

Jarden brief: US indices in the red

The NZX 50 gained 0.6 per cent yesterday.

Buyers' market: New data confirms sagging house values in every main centre

The power is shifting to buyers - CoreLogic data out today.

What's being done to solve the Gib crisis?

The three-pronged attack aimed at solving the drastic Gib plasterboard shortage.

'Burning fuse': Business reacts to AT plan to axe kerbside car parks

AT says cars will be 'lowest priority' of kerbside space on strategic and feeder roads.

Experts welcome FMA 'stop' on Flat Bush 50% return scheme

"The industry as a whole benefits from this type of market regulation," Mark Francis says.

Kathmandu confident 'darkest days' behind company amid $5.5 million loss

KMD Brands says it is "cautiously optimistic" and will turn a profit in the second half.

Almost-finished townhouses up for mortgagee sale

"Normally, they would wait for titles to be issued and pre-sales to settle" - Kellow.

Jarden brief: The leading outperforming stocks

Pacific Edge saw the biggest increase in the markets yesterday, its stock climbed up 2.2%.

Simon Bridges' $3.9m Tauranga home flops at auction

Politician's family home still on the market - but at a fixed price.

Tuaropaki buys Vinoptima Estate, wine 'lake' not included

Gisborne area boutique winery founded by prominent vintner Nick Nobilo has been sold.

Mainzeal liquidations: $111m of claims 'admitted'

Liquidators can't say when they will finish the work.