Reserve Bank Assistant Governor on the future of cash
Reserve Bank Assistant Governor Christian Hawkesby on the future of cash. Video / NZ Herald
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Latest fromBusiness around NZ
Radius interim profit drops from $2.1m to $1.3m
"We continue to see costs across the business rising" - CEO Brien Cree.
Asset Plus interim profit down 78%, $350m project downsized
"Re-emergence of Covid-19 has again subdued leasing activity and business confidence".
Oceania pushes up profit 22pc, Covid hit sales, building work
"Impacted sales, delayed building works, added direct costs" - CEO on Covid's effects.
Ali Williams, Anna Mowbray plans: Neighbours rally over chopper pad
"It's not personal against them. Just, not in the back garden." - Westmere neighbour.
British 'athleisure' giant to open more shops in NZ
2nd store announcement in New Year "then we will look to open another eight stores" - CEO.
New Health Ministry guidelines out on apartment isolation
Self-isolating residents should get family members or friends to get their rubbish.
'Brave, challenging development': PwC Tower named winner
Community housing, hospital, tourism, supermarket and office buildings: winners
No jab, no mortgage? Broker claims finance pulled over vax status
"One borrower reluctant to get vaxxed has had financing withdrawn" - surveyed broker
Vital Healthcare begins A$165m Adelaide project
Car park done, now deals signed for new medical centre and hospital.
Commission fight for $586,500 after $34m Glenorchy sales
Two of NZ's most expensive properties sold in 2021 - but the commission?
Analysts note Fletcher's wallboard dominance amid ComCom probe
We pay 20-30% more for building materials than Australians: Productivity Commission.
Argosy Property makes record interim net profit
The company has industrial, commercial, retail property including Albany Mega Centre
Watch: Inside Auckland high-rise when water mains burst
'The whole place is flooded. Don't know where I'm staying the night' - tenant.
Ryman Healthcare's new globe-trotting boss on the future of retirement living
"It's too soon to ask if I will become a New Zealander" - CEO of biggest RV business.
Metroglass profit plummets 94% from $7.6m to $419,000
"Profitability has been significantly impacted by extensive Covid-19 restrictions"
Kiwi Property's interim profit up 164%, tenants get $7.4m rent relief
Construction of Sylvia Park build to rent begun, 25-level LynnMall tower planned.
Van Cleef & Arpels opening first New Zealand store
Louis Vuitton, Gucci, Dior, Prada, Bvlgari and now Van Cleef to trade from same area.
Major developer's plan to offset carbon footprint of $650m project
Each new building will have trees in one forest specifically dedicated to it.
Ryman interim reported net profit up 32%
12,750 residents have licenses to occupy, company plans a further 6506 new units, beds.
'Two months off finishing': Remuera developer vows appeal
"It's really sad. These sold out within hours off-market to first-home buyers" - Gibbons.
MPs question if apartments suitable for Covid isolation
Body Corporate Chairs Group asked key questions about apartments' suitability.
500 evacuated from Auckland high rise after water main bursts
The block on Lakewood Ct has 151 units and is only about a year old.
New rental rules: Can landlords ask if tenants are vaxxed?
Landlords 'must be able to demonstrate legitimate need to know', says commissioner.
Failed Aussie builder: Covid scuppered $20m Kāinga Ora apartments
'I was proud of the work I was doing with Kāinga Ora building state houses' - Ellis.
Remuera neighbours halt nearly-finished apartments
'It is absolutely horrific. It looks like a motel block,' says one neighbour.
Covid apartment home isolation guide: Checklist out from chiefs
Concerns include air conditioning, adjacent balconies, and access to communal areas.
The Block NZ's builder promises to repay $260K after business failure
Last decade, Leen was one of two directors of failed builder Collective Construction
Investore's net profit falls on valuation changes
Investore to spend $14m on a Bunnings car park, after a seismic report last year.
Waiheke helicopter pad 'rush' causes alarm
'How many more residents will suffer?', asks member of anti-helicopter lobby group.
Aussie apartment builder failed during $20m state project
Creditors named after Aussie shareholder calls liquidator when builder incurs big costs.
'Get to Mechanics Bay': Councillor responds to Ali Williams, Anna Mowbray heli-pad plan
'I don't know why the applicants don't just get themselves 7km down the road.'
$100m for Rydges Wellington: 200 investors quit titles
98% of investors agreed to sell, but 2% refused. The case went to court
Burr, Tatham art collection could set new NZ record
Record prices for works by Colin McCahon, Michael Parekōwhai could be set this Saturday.