A Napier man has been jailed after scamming more than $51,000 from Trade Me users, the biggest fraud by an individual to hit the website.

While their sardonic elders celebrated the news that tween pop sensation Justin Bieber had jumped off Auckland Harbour Bridge, his young fans still can't get enough of him.

If an internet auction goes sour, think twice before posting abuse about the seller - legal experts say you could be sued for defamation.

Potential bidders in the sex.com domain auction won't be allowed in the room without a certified cheque for US$1 million.

Designer labels including Kate Sylvester, Karen Walker and Huffer are being hocked off on Trade Me at heavily reduced prices.

NZ supermarkets are rationing baby formula because of fears of a shortage caused by Chinese buyers selling it in bulk to parents back in their homeland.

There is concern that Chinese-New Zealanders are buying thousands of tins of baby milk powder from supermarkets and selling it online.

Resourceful Kiwis spent Boxing Day finding a solution to unwanted presents - reselling them on Trade Me.

A Kiwi conman posing as an international banker is called an 'economic danger to the community' as he's jailed for multi-million dollar fraud.

The economists at Westpac have spotted a clear downward trend in expenditure on gifts.

Whitcoulls and Borders are set to become the first book retailers in New Zealand to offer e-books.