Facebook says it will begin test flights later this year of a solar-powered drone with the wingspan of a Boeing 737, the next stage of its campaign to deliver Internet service to remote parts of the world. Engineers at the giant social network say they've built a drone with a 140-foot wingspan that weighs less than 1,000 pounds. It will use lasers to send Internet signals to stations on the ground. Source: Mark Zuckerberg/Facebook
Prime Minister John Key speaks to the media about the ongoing TPP negotiations.
In the latest of our rising stars of business series, business reporter Holly Ryan talks mentors, advice and business goals with Vodafone's head of sustainability and foundation Abbie Reynolds
[With Mandarin subtitles] The government talked a big game with this TPP agreement. My opinion? There better be some pretty good upsides to counterbalance the bad.
If you can't be bothered sticking to a week of work then there comes a time when the rest of us who are funding your welfare should quite rightly be able say the money tap needs to be turned off.
Two University of Canterbury postgraduate students have launched a company which is the first in New Zealand to sell ethically-made organic business shirts. Engineering management students Samantha Jones and Lina Kay have just launched their online venture Little Yellow Bird, which sells ethically sourced and made clothing from India. Jones, who spent much of her childhood growing up in third world and developing countries, says a percentage of the profits from each shirt is invested into different community projects. Credit: NZN Video
Another rowdy debate in parliament has marked a further step for the bill that allows the flag referendum process to take place. Opposition parties opposed to the $17 million exercise again said it was a waste of money. "Spending the remaining $17 million on changing the flag is just not justified" said Labour leader Andrew Little. NZ First Leader Winston Peters says that NZ First is adamantly for the present flag. Credit: NZN Video
Prime Minister John Key on TTP.
[With Mandarin subtitles] Mike Hosking talks about the Labour Party's views on TPP and 90-day trials.
The government talked a big game with this TPP agreement. My opinion? There better be some pretty good upsides to counterbalance the bad.
[With Mandarin subtitles] Winston Peters must be feeling very pleased that he can still hold sway over policymaking after the government announced new plans to get more immigrants to the regions.
Mike Hosking talks about the Labour Party's views on TPP and 90-day trials.
Labour Party leader Andrew Little talks about TPP.
Prime Minister John Key comments on The Trans Pacific Partnership trade deal (TPP), and the concerns raised by anti-TPP groups.
The third biggest of the NZ telcos, 2degrees, has announced it's officially entering the broadband market today with the launch of its first consumer plans. It has published this corporate video outlining the move.
The Labour Party says it will only support the controversial Trans-Pacific Partnership if it contains "key protections" for New Zealanders. Prime Minister John Key doesn't believe that Labour MP's who were ministers in the previous government really don't believe it's in New Zealand's interests to sign the TPP. Credit: NZN Video
Winston Peters must be feeling very pleased that he can still hold sway over policymaking after the government announced new plans to get more immigrants to the regions.
[With Mandarin subtitles] The government said removing the Kiwisaver $1000 kick start would make 'no difference' to the numbers of people signing up. They were wrong. And badly so, Mike says.
Young Guns: Snowball Effect co-founder Josh Daniell talks to business writer Christopher Adams about the growth of crowdfunding.
[With Mandarin subtitles] Between a rock and a hard place. That's how Mike sees the Key family after Max Key's holiday video drew consternation. But he can do whatever he wants, Mike thinks.
The Reserve Bank cut the Official Cash Rate by 25 basis points to 3 per cent this morning and banks quickly followed suit, cutting their own floating mortgage rates. New Zealand's biggest bank, the ANZ, cut its rates by 0.25 per cent to 6.24 per cent for its floating rate and 6.35 per cent for its flexible home loans. The new rates will take effect for new customers from Monday July 27 and for existing customers from August 10.
Mike gives the media a lesson in how to cover economic affairs, and takes apart a recent article which asked 'Is Australia the new Greece?'
NZIER's monetary policy shadow board favours a cut to the official cash rate of 25 basis points to 3 per cent tomorrow. But as the next best option there is more support for an on-hold decision than for a cut of 50 basis points.
The government's delayed health and safety reform bill should be reported back to parliament by the end of this week, Workplace Relations and Safety Minister Michael Woodhouse says. Credit: NZN Video
The political row about the impact of offshore Chinese investors on Auckland's overheated housing market was raised with Finance Minister Bill English during his recent trip to China. The latest debate stems from Labour's controversial release of data showing 40 per cent of houses sold in Auckland over a three-month period went to people with Chinese surnames. Prime Minister John Key says he hopes publicity around Labour's list of property buyers with Chinese names isn't damaging New Zealand's image in China while Labour leader Andrew Little is defending the decision. Greens co-leader Metiria Turei says that Labour has mis-used the data. Credit: NZN Video
The political row about the impact of offshore Chinese investors on Auckland's overheated housing market was raised with Finance Minister Bill English during his recent trip to China. The latest debate stems from Labour's controversial release of data showing 40 per cent of houses sold in Auckland over a three-month period went to people with Chinese surnames. Mr Little said he doesn't think Labour is damaging New Zealand's reputation. "Information is information and we thought very carefully before we released it, but the information told a story that was in direct contradiction to what the government has been saying for the last couple of years, which is the impact of non-resident foreign buyers on the Auckland housing market is barely noticeable," he said. Credit: NZN Video
Between a rock and a hard place. That's how Mike sees the Key family after Max Key's holiday video drew consternation. But he can do whatever he wants, Mike thinks.
Prime Minister John Key has opened the door to possible restrictions on foreign buyers, saying if information gained under new rules shows high numbers of foreigners are buying in New Zealand he will act.
Mike Hosking says we've all gone mad with panic over the first piece of moderately sobering news concerning the dairy industry.
The 226-unit block is being promoted as on "the Nanjing Road of Auckland" and is due to rise on Real Groovy's Queen St site near Karangahape Rd.
In the latest of our rising stars of business series, Spark's Digital First general manager Anna Curzon speaks to Business Herald writer Holly Ryan.
Jack Tame says mankind is responsible for changing the climate of the world, and the tipping point is now.