A buyer keen on Hobsonville Pt's smallest of three new prototype houses couldn't close the purchase, partly because of financial barriers and the tiny size of the house.

One of the big myths about KiwiSaver is that the money is held by the government, writes Helen Twose.

Viewed from the vantage point of Standard & Poor's global chief economist the world economy does not seem too inhospitable a place right now, but not without risks either.

The Financial Markets Authority has contacted stock exchange operator NZX after share traders potentially gained an unfair advantage from price-sensitive information published.

Peter Lyons writes: It is important that the team in charge of the economy is paddling in the right direction.

The New Zealand dollar took a sudden and unexplained dip in early trading yesterday, fuelling speculation that the Reserve Bank may have chosen to exploit thin trading conditions.

With the economy performing well on most other fronts the residential property market remains its major defect.

Industrial rubber goods maker Skellerup more than doubled annual profit following an insurance payout from the Canterbury earthquakes.

Export demand for New Zealand craft beer is expected to triple over the next decade as Asian consumers develop a taste for boutique brews.

Some homeowners will be hoping for massive capital gains and others fearing the sharp end of spiralling rates bills as Auckland's property market soars.

NZX-listed Scales Corp says its subsidiary Polarcold will build a new cold store at Ports of Auckland's intermodal freight facility at Wiri.

Export log prices have stabilised and are improving a little, despite conditions in the country's biggest market, China, remaining difficult.

Corporate travel specialist Carlson Wagonlit Travel forecasts modest airfare growth from and around New Zealand next year.

A study of NZ businesses finds they are aiming higher than ever, according to new research commissioned by ASB.

Mark Hotchin has lost an appeal over a decision which said Hanover's trustees did not have a duty to verify the accuracy of statements in allegedly misleading prospectuses.

Shares of Pushpay jumped as much as 50 percent as investors snapped up the handful of shares on offer

New Zealand could be on the cusp of a big lift in mergers and acquisitions activity, driven in part by increasing Asian interest in local companies.

Domino's Pizza Enterprises says its New Zealand outlets have shown the strongest growth of its businesses around the world in the past year.

More than $2 million a year will be spent to almost double the economic spinoff from Auckland's business events sector to $430 million annually in the next decade.