Economists have cut their forecasts of economic growth in the current year, the latest quarterly survey conducted by the New Zealand Institute of Economic Research has found.

Advertising company Snakk Media has announced the opening of a new division, Represent Media, and signed ESPN as its first major customer.

The market for small low-cost houses by commercial group builders is gathering pace, as cash-strapped Aucklanders squeeze in and up.

This week a nation heads to the polls for one of the most important votes in its history, Liam Dann writes.

Once considered the country's most expensive penthouse, which played host to America's Next Top Model and has the nation's highest swimming pool, is back on the market.

Xero shares plummeted 8.36 per cent yesterday, wiping nearly $240 million off its shareholder value following the announcement North American chief executive Peter Karpas has left, just six months after taking the role.

Some Auckland house hunters under pressure to find the right property are making snap purchase decisions after viewing their new home for less than 30 minutes.

For those investors looking to take some profits, it might be sensible to do so sooner rather than later, writes analyst Mark Lister.

Dairy product prices dropped to the lowest level since July 2012 in the latest GlobalDairyTrade auction, led by a slump in rennet casein and butter milk powder.

Fonterra chief financial officer Lukas Paravicini said the cooperative continued to enjoy a solid balance sheet position, despite a credit rating downgrade by S&P.

The NZ stock market has this year seen IPO's by power companies, tech frims, agriculture companies and now a major media company - potentially.

The business community has, until now, been watching the Dirty Politics scandals play out with bemusement and a certain degree of detachment.

We're eating more fresh fruit and vegetables, visiting supermarkets more often, spending more and seeking more self-service checkouts, says a supermarket boss.

An original-condition two-bedroom Blockhouse Bay home has stunned its vendor and agent by selling at auction for well over twice its valuation.