Latest fromMobile Business
Ombudsman fields gripes over banks' behaviour
The banking ombudsman has had 10 complaints about the loan-to-value-ratio (LVR) changes introduced on October 1, with eight related to banks withdrawing prior approvals.
Trade Me to hike fee for selling homes
People trying to sell their homes may have to fork out an extra $230 to have the property listed on Trade Me - on top of fees they already pay.
New-home builds on hold
One of NZ's largest home builders says new loan restrictions have cost it 24 new-home builds in the first month alone - and it expects more as the policy bites.
NZ cloud firm gets $4m funding boost
An Auckland software company has secured $4 million in new capital, which it will use to expand its presence in Australia and establish a base in the United States.
Receivership obstacle in talks between JP Morgan and Justice Dept
Negotiations between the United States Justice Department and JPMorgan have hit a stumbling block that has put the talks at risk.
Engineering firm cuts big deals
Having the capability to build end-to-end meat processing and packaging systems is helping Milmeq win major deals on the world stage, says chief executive Mike Lightfoot.
Market regulator calls for IPO clarity
The FMA yesterday called on issuers of investment statements and prospectuses to "lift their game" after its report on the industry following its guidance note of June last year.
Fast broadband for NZ needs carrot
A "carrot" rather than a stick should be used to encourage people to move to ultra-fast broadband and keeping slower internet prices higher is the wrong way to get them to switch.
$500m written off Independent Liquor
Tokyo-listed liquor giant Asahi has written more than $500m off the carrying value of NZ's Independent Liquor, the brewing company it purchased for $1.5b in 2011.
NZOG - no Pike River compo
New Zealand Oil and Gas shareholders voted yesterday not to pay reparation of $3.41 million to the Pike River families.
Meridian share price closes higher
The price of newly-listed Meridian Energy instalment receipts edged higher this morning.
Fraud case: $4.4m 'stolen'
The amount of money allegedly stolen from one of the country's largest freight companies in a long-running fraud can now be revealed.
Botulism scare avoidable
Botulism scare avoidable if responsibility passed swiftly to top management: review chairman.
Optimism after Meridian listing
Analysts expect power company's stock to keep trading above its issue price after gaining 8% on first day.
Fran O'Sullivan: Damning indictment in food scare report
That the scare turned out to be the result of a false positive test does not mitigate the need for Fonterra to up its game, writes Fran O'Sullivan.
Court sets December deadline for joining lawsuit over bank fees
The High Court has given ANZ/ National Bank customers until December 13 to sign up to a lawsuit against the bank over fees, according to a group taking the case.
China serious about fighting corruption: Collins
Justice Minister Judith Collins says she believes China is serious about clamping down on corruption under its new leadership.
Fonterra: Truth comes out
An independent inquiry into Fonterra's botulism scare has revealed a broken torch sparked the contamination scandal.
'Fair' returns aim of internet plan
In part 2, telecommunications writer Hamish Fletcher asks whether Chorus is set to get a $450m windfall or is this just a fair return?
Buyer furious as bank pulls loan
An Auckland man is furious his pre-approved home loan was withdrawn less than 24 hours after he called his bank and was assured the deal was sound.
Fonterra failed 'to join the dots'
Fonterra failed to recognise the "explosive reputational risk" involved in the botulism scare, an independent inquiry has found.
Meridian debuts on NZX
Meridian Energy's shares debuted at $1.08 after tepid demand in the initial public offering saw the stock sold at the bottom end of its indicative range.